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«Vermont Technical College Catalog 2011-2012 Bachelor of Science Architectural Engineering Technology Business Technology and Management Computer ...»

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Facilities Fee (Per credit hour - max. 12 credits)*

Summer Student Activity Fee

*All Matriculated Students

Tuition & Fees

Summer Costs 2012 Vermont Resident (Non-Dental Hygiene, Non-Nursing)

Vermont Resident (Nursing)

Vermont Resident (Dental Hygiene)

Non-Vermont Resident (Non-Nursing)

Non-Vermont Resident (Nursing)

RSP/NEBHE/GN Student Program (Non-Nursing)

RSP/NEBHE/GN (Nursing)

There is no financial aid for summer term; payment in full is expected by the start of summer classes.

Senior Citizen Discount Non-degree-seeking Vermont citizens age 65 and over will be given a 100% reduction on their tuition costs.

Explanation of Fees Application Fee: $42 This fee is required when a prospective student applies for admission to the college.

Board Students may choose from three meal plans. The Gold Plan offers unlimited meals with $150 per year in debit points for the snack bar. The Base Plan offers 12 meals per week with $300 per year in debit points. The 8 Meal Plan offers 8 meals per week with $550 per year in debit points.

The 150 Block Meal Plan offers 150 meals for the semester with $300 per year in debit points.

Challenge Exam Fee: $50 This fee is required when students take challenge exams for college credit or advanced standing.

Course Fee This fee is required to offset the cost of special projects or equipment for specific courses.

Course Change Fee: $19 per change This charge is for students who alter their schedules after the second week of classes.

Deferred Payment Fee: $50 per semester This fee is charged to students who request that payment of semester charges be deferred because an outside source (employer, VA benefits, etc.) will be providing payment past the normal due date.

Facilities Fee: up to $337 per semester This fee is charged per semester to all matriculated students. Full-time equivalent students (12 credits or more) are charged $337 per semester. The fee is pro-rated per credit hour for part-time students. Funds raised by the fee support the development of new facilities on the Randolph Center and Williston campuses. In billing, the fee is referred to as VTC Facilities Fee.

Graduation Fee: $79 All graduating students are charged a fee prior to graduation and must pay the fee whether they are participating in the ceremony or not. The fee is charged per degree.

Tuition & Fees

Health Insurance Fee: $1,407 per year or $925 for spring semester Health insurance is mandatory for all full-time students not otherwise covered. A student (or his/her parents) must present written proof certifying that he or she is covered to be exempted from the college insurance fee. An online Student Waiver form for the VSC Student Health Insurance Plan must be completed by all full-time students. This form can be found on the student menu in Web Services. Students failing to return the card by the published deadline will automatically be enrolled in and billed for the VSC Health Plan.

Late Financial Clearance Fee: $100 This fee is charged to students who have not paid or provided proof of how their current semester bill will be paid. Financial holds will be activated approximately 30 days into each semester and this fee charged.

Late Registration Fee: $52 This fee is an additional charge for students who do not complete the semester’s class registration process by the published deadline.

Matriculation Fee: $220 per year or $110 for spring semester This fee is to cover expenses incurred during orientation, including meals and room.

Portfolio Assessment Fee: $50 This fee is for each portfolio submitted for review.

Registration Fee: $50 This fee is required of each non-degree student who enrolls in one or more courses during a semester.

Returned Check Fee There is a $25 service charge on checks returned to the business office for insufficient funds and no future checks will be cashed.

Student Activity Fee: up to $113 per semester This fee covers the expense of student clubs, activities, and publications. It also covers admission to most campus events such as concerts, dramatic productions, films, and lectures, as well as recreational and social activities.

Transcript Evaluation Fee: $25 This fee covers the cost of evaluating and processing transfer credit and advanced standing (waived for transcripts from VSC institutions).

Transcript Fee: $5 per copy This fee covers the cost of processing transcripts after the initial free copy.

Textbooks and Supplies The college bookstore sells textbooks, supplies, equipment, calculators, and sundries.

The cost of required textbooks and supplies varies depending on the program. Typically, these costs amount to approximately $600 per semester. The bookstore accepts credit cards and cash. Upon approval from the Business Office, students that have financial aid to cover college expenses plus books will be eligible to charge books to their student accounts 30 days prior to the start of each semester.

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Calculators The Vermont Tech mathematics department requires all entering students to have a contemporary graphing calculator for use in mathematics classes. For those taking Technical Mathematics and Calculus, the mathematics faculty recommends either a TI-83 or TI-83+ or an HP-48 or HP-49. We highly recommend that students taking a business math or statistics course have the TI-83 or TI-83+. Although calculators may be bought at local stores, they are also available at the Vermont Tech bookstore.

Other Expenses College students will incur a variety of other expenses such as the costs of travel, social activities, and laundry. The total of these expenses is difficult to judge and can probably best be determined by each student and his or her family. The college estimates these costs at about $1,650 a year.

Deposits Accepted candidates for admission to the college are required to send a $200 tuition deposit by May 1 (or within two weeks if accepted after May 1). The deposit is considered a token of a student’s good faith and is applied to the first semester’s tuition and fees. Students are not enrolled in classes or billed semester costs until the deposit is paid.

If a student intends to live on-campus, a $100 room deposit must be sent by May 1 (or within two weeks if accepted after May 1) and must accompany an applicant’s completed Room and Board Contract. For returning students, the $100 room deposit is due in early April.

Deposits are non-refundable except for a returning student’s room deposit if a refund is requested prior to May 1.

Who really pays the bill?

Students can authorize a parent or guardian or anyone else they choose to access, log in, view, and/or make a payment on their account via the web. Students must complete this process, as Student Accounts staff must know who has permission for account reviews when calls or emails are received from people other than the student.

Semester Payment Plans Fall plans will be available online at https://blackboard.vsc.edu (select the “VSC Bill Payment” box to the left) beginning June 1st. You must have a log-in ID and a password to access this service.

We offer four convenient in-house plans:

• Six payments from June through November

• Five payments from July through November

• Four payments from August through November

• Three plans from September through November There is a $30 enrollment fee and a down-payment required when signing up based on the option chosen. Monthly payments are due on the 15th of each month and a $15 late fee is incurred for payments not made by the due date. Semester balances must be paid in full prior to enrolling in future semesters. A new payment plan must be set up each semester.

As a condition of enrollment, students must provide payment in full or proof of how all semester charges will be paid within 30 days of billing. Fall billing begins on June 1st.

Tuition & Fees Veterans who are certified as eligible for the GI Educational Assistance allowance will be permitted to register upon signing an approved payment plan with the business office.

Employer and scholarship payments requiring final grades can be deferred.

Financial delinquency may serve as a basis for dismissal. Financially delinquent students will be denied enrollment for the succeeding semester; issuance of grades or transcripts; or graduation. Reasonable interest and collection costs may be added to delinquent accounts.

Refunds Tuition, Fees, Room, and Board If students withdraw or are dismissed before the 60% point of the term, they will be credited tuition, the student activities fee, room, and board on a prorated basis. The date of withdrawal or dismissal is determined by the registrar’s office. The prorated calculation will use the number of calendar days completed divided by the number of total calendar days included for the full term.

Financial Aid Refunds If a student is receiving financial aid and is eligible for credit in accordance with the above paragraph, the credit received will first be applied to financial aid sources. Federal regulations will be used for return of Title IV funds and individual state, college, or outside scholarship policies for return of non-Title IV funds. Because financial aid funds must be used for educational expenses, when a student who is receiving financial aid for noninstitutional costs withdraws from the college, a portion of this aid must be repaid. The order

of distribution for the return of Title IV funds will be as follows:

1. Unsubsidized FFEL/Direct Stafford Loan

2. Subsidized FFEL/Direct Stafford Loan

3. Perkins Loan

4. FFEL/Direct PLUS Loan

5. Pell Grant


7. Other Title IV programs Other Credits Board charges will be credited for each full week of extended illness or authorized absence. There will be no credit of room charges for students suspended or dismissed from on-campus housing.

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Financial Aid Financial aid at Vermont Tech is based on the assumption that a student’s family will make the maximum effort to finance college expenses. Since there are many more demands on Vermont Tech’s financial aid resources than the college can possibly meet, assistance from the college has to be viewed only as supplemental to this family obligation.

All federal funds at Vermont Tech are awarded on the basis of financial need. All students who apply for financial aid by the March 1 priority deadline and who are eligible for assistance will be offered financial aid, subject to the availability of these funds. The amount of any award is determined by the amount of the student’s need as computed from information provided by the family on the Free Application for Federal Student Aid (FAFSA) www.fafsa.ed.gov. Recent federal regulations mandate that a needs analysis be completed for anyone who applies for federal financial aid. It is important to file the FAFSA as early as possible to avoid delays in processing loan applications and other forms of campus-based aid. After March 1, late applicants will be considered for aid only after all on-time applications have been processed.

In an effort to be as consistent as possible with all students in awarding aid from the college, Vermont Tech’s Office of Financial Aid requests an official signed copy of a student’s and/or family’s latest federal income tax return. Please send only copies. The financial aid office uses imaging to maintain and track documentation sent to the office and all originals are shredded accordingly.

Applicants can expect that a fair portion of an individual’s personal savings at the time of each year’s application will be applied to college expenses.

Expected Family Contribution The needs analysis system evaluates all of the information requested and determines a reasonable contribution to be expected from the parent and student towards the student’s educational expenses. Unless there are extenuating circumstances, the Office of Financial Aid is required to use this expected family contribution in determining a student’s need for college aid. If family financial circumstances change significantly after filing the FAFSA (due to loss of employment, extended illness or disability, etc.), the family should write to the financial aid office as soon as possible, outlining this change in personal resources.

For the purpose of application, income is defined as wages, salary, tips, interest accrued, dividends, pensions, welfare, social security, or any other form of income. Deductions against income are made for taxes and there is an employment allowance for parents working outside the home, as well as an income protection allowance that is based upon family size and the total number of family members in college.

Sources of Financial Aid When a FAFSA is filed, you are applying for the following federal, campus-based, and state aid programs and establishing eligibility for a Federal Stafford Loan.

Federal The Federal Pell Grant Program is an entitlement program. This means that all students who are eligible will receive Pell Grant awards. Eligibility is determined by the family’s, as well as the student’s, financial resources.

Federal Stafford Loans (both subsidized and unsubsidized) are available to qualified students at Vermont Tech. A subsidized loan is awarded on the basis of financial need. If qualified for a subsidized loan, the federal government pays interest on the loan until the student begins repayment and during authorized periods of deferment. The student pays the interest on the unsubsidized loan while enrolled on at least a half-time basis.

Financial Aid

If you’re a dependent undergraduate student, you can borrow up to:

• $3,500 if you’re a first-year student enrolled in a program of study that is at least a full academic year • $4,500 if you’ve completed your first year of study and the remainder of your program is at least a full academic year • $5,500 a year if you’ve completed two years of study, are matriculated in a bachelor’s degree program, and the remainder of your program is at least a full academic year Additional unsubsidized Stafford loan limits may be increased by $2000 for loans first disbursed after July 1, 2008.

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