SALLIE MAE MONTHLY PAYMENT PLANNER 2013-2014

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1. Enter your estimated annual expenses. Undergraduate Academic Program. Annual Fees. □ Tuition (12-15 credits per semester)*. $39,736. □ Student Body  ...
SALLIE MAE MONTHLY P AYMENT PLANNER 2013-2014 Use this planner to help you determine what your monthly payments would be if you decide to use the Sallie Mae monthly payment plan. 1.

Enter your estimated annual expenses

4.

Undergraduate Academic Program □ Tuition (12-15 credits per semester)* □ Student Body Fee* □ Health Services Fees* □ Orientation (new students only) □ Student Health Insurance (Waived with proof of medical insurance) □ Additional Insurance for Intercollegiate Athletic Sports □ Lab/Course or Other Fees *Required Fees for all Full-Time Students

Annual Fees $39,736 $240 $150 $200 $1,912 $700*estimate $_________

$7,418 $6,412 $5,112 $4,654

Refundable Damage Deposit (Required if living on campus) □ Residence Hall Assessment Fee

$100

Meal Plans (Choose One. Required if living on campus) □ 19 Meals per Week □ 15 Meals per Week □ 10 Meals per Week □ 19 Meals per Week with Flex Points □ 15 Meals per Week with Flex Points □ 10 Meals per Week with Flex Points

$5,272 $5,082 $7,772 $5,712 $5,522 $5,212

Commuter Meal Plans (Required for Arbor Ridge Residents. Optional for those that do not live on campus)

□ 5 Meals per Week □ 5 Meals per Week with Flex Points Total Expenses 2.

$1,960 $2,180

$____________

Enter your estimated annual credits/deductions (refer to your Financial Aid Award Letter)

Whittier Grants, Scholarships &/Or Endowments Federal Pell, SEOG &/Or Cal Grants Institutional Loans: Federal Perkins Whittier College Student Loan Federal Direct Loans: Subsidized (subtract 1.051% origination fee) Unsubsidized (subtract 1.051% origination fee) Federal Direct PLUS Loan (subtract 4.204% origination fee)** Alternative Loans** Outside Scholarships/Other Aid Tuition Deposit/Previous Academic Year’s Credit **Loans must be applied for through the financial aid office. Total Credits/Deductions 3.

$_____________ $_____________ $_____________ $_____________ $_____________ $_____________ $_____________ $_____________ $_____________ $_____________

$_____________

Subtract the total credits from the total expenses to arrive at your annual payment plan amount.

Annual plan amount

□ 10 Monthly payments from June 1 to March 1 □ 9 Monthly payments from July 1 to March 1 5.

$_____________

Divide your annual payment plan amount by the number of months in the plan you selected above. Monthly payment

6.

Residential Halls (Choose Based on Assignment) □ Single Occupancy □ Double Occupancy □ Triple Occupancy □ Quadruple Occupancy

Choose your monthly payment plan

$_____________

Enroll by calling 1 (800) 635-0120 or by going online at http://tuitionpay.salliemae.com/ whittier. You’ll be asked to pay the $55 enrollment fee in order to active your account. Once your account has been activated, you will be billed for monthly payments. Sallie Mae does not have access to the student's tuition account information at Whittier College. When you contract to pay through Sallie Mae, they will set the plan up for any amount that you request. They will not automatically know if the student's financial aid package changes, or if there is any change to the student's billing.