Financial Aid

Students eligible for financial aid can apply their financial aid to the cost of the programme.

Students are encouraged to take care of all financial aid details BEFORE departure.

Financial aid transactions can be monitored by accessing http://www.d.umn.edu/register.

Students are encouraged to set up a direct deposit on line; surplus financial aid funds are deposited automatically into the student’s designated checking or savings account. Otherwise students should verify that their mailing address on the system is an address where they wish a surplus check sent to.

Though the UMD financial aid office plans on almost all aid and student loans to be applied directly to a student’s account, some forms of loans and scholarships are issued only in hard copy. Financial aid will make arrangements with Maria Vuldjeva who will collect and send them to the England programme office for signature. The programme director will return the endorsed checks to the International Education Office for deposit into the respective student’s accounts receivable account.

Payment for the Programme

The cost of the 2005-2006 Programme is $15,895. Students initially make a $350 deposit towards programme payment. The next deposit of $500 is due June 15, 2005, with the total remaining balance due of $15,045.

We expect the following payment arrangements to be in effect for the 2005-2006 Programme: fall semester $8,937.00, spring semester $6,108.00. Students can elect to pay each term amount in full or in installments.

In addition, each semester students will be charged the UMD Internet Access fee for maintenance of their e-mail accounts (approximately $65) and the Orientation to Foreign Studies and Study Abroad Synthesis course fees (approximately $250 each). Students can elect to pay each term amount in full or in installments.

The University of Minnesota is now on electronic billing and payment of student account bills. Electronic billing is the official means of generating bills to all University students. Payment can either be done electronically, through the mail, or in person. The electronic billing and payment system will automatically send an e-mail notification to the student’s UMD e-mail address when the bill is ready to be viewed online. Students will need their University Internet i.d. and password to login to the University pay system. Authorized electronic payers will need to use the login name and password provided by the student.

Payment to this account by anyone other than the student will be accepted by the University in the name of the student. However, any refund due to withdrawal or overpayments will be made directly to the student.

University policy: an individual who has outstanding indebtedness to the University shall not be allowed to register, receive a transcript or records or receive certification of academic records, receipt of degrees or graduation. Once logged into UM Pay, students can:

All charges and payments can be viewed 24 hours a day, 7 days a week from anywhere in the world via the Internet.

The minimum payment is offered on only the first billing statement of each term. The student qualifies for the installment payment plan if they pay any amount between the minimum and the full balance on their billing statement. There is a fee charged for each installment.

If a payment arrives after the due date, a late fee is charged, the installment plan will not be implemented, and the student will be billed for the full amount due.

If a payment is mailed, allow sufficient time for it to reach the cashier’s office by the due date listed. Your cancelled check will serve as your receipt. Payments can also be made in person at the cashier’s window in the Darland Administration Building during business hours or dropped off at the cashier’s drop box. Drop box payments are picked up at 8:00 a.m. Monday - Friday and credited to the current day. Electronic payments submitted by 5:00 p.m. Central Standard Time are processed the same day.
For more information on payment, billing dates or to log into the UMD Pay system go to Student Accounts Receivable.

Reciprocity

To be eligible for Wisconsin tuition rates, Wisconsin residents attending Minnesota schools of higher education must process a reciprocity form. Wisconsin residents studying abroad through a Minnesota school of higher education are strongly encouraged to check in with the Wisconsin Higher Education Aids Board.

To be eligible for Minnesota tuition rates, South Dakota and North Dakota residents must process a reciprocity form.

Wisconsin, North Dakota and South Dakota residents studying abroad through the UMD Study in England Programme must reapply for reciprocity. These forms are available in the Solon Campus Center, your home state reciprocity office, as well as online at http://www.d.umn.edu/registrar/tuition_and_fees.html; under Reciprocity Information click on Rates and General Information. Plan ahead as the reciprocity form must be processed before the start of fall semester. Reciprocity is not retroactive.