Payment Option Information. Click on the underlined topics below to learn more. FERPA. Tuition & Fees Undergraduate Graduate Fees

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1 Tuition & Loan Amounts Payment Option Information The purpose of this document is to provide you with more information regarding your payment option(s). This will also cover tuition and fee information, and any documentation required for your payment option(s)

2 Tuition & FERPA FERPA stands for Family Educational Rights and Privacy Act. Personal information is verified for your security. When you call the university, the advisor(s) will ask you several questions to verify your identity. If you are unable to answer any of the questions, your advisor will not be able to continue on the call and you will have to schedule a follow-up call to continue the conversation. Loan Amounts

3 Tuition & Loan Amounts Tuition for Students Tuition The average course is generally worth 3 credits. Degree Seeking (Non-Military) Cost per Credit $ Cost per Course (3 credit average) $1,329 The average tuition cost for the academic year is $10,632. Payment periods are made up of 4 successfully completed courses and there are 2 payment periods per academic year. Degree Seeking (Military) Cost per Credit $ Cost per Course (3 credit average) $ You will be billed for four classes at a time. This means that you will have a $3,000 balance when you start your first class. However, you are only responsible for paying for those classes that you attend.

4 Tuition & Loan Amounts Tuition for Students Tuition tuition varies by program and courses are generally worth 3 credits. Therefore, the standard tuition cost for a graduate program can be $1,731 or $1,932. Degree Seeking Cost per Credit Master of Arts in Education** $ Master of Arts in Teaching and Learning with Technology $ Master of Psychology $ Master of Arts in Special Education $ Master of Accountancy $ Master of Arts in Health Care Administration $ Master of Arts in Organizational Management $ Master of Business Administration $ Master of Public Administration $ Master of Science in Criminal Justice $ You will be billed for three classes at a time. However, you are only responsible for paying for those classes that you attend.

5 Tuition & Loan Amounts for and Students Technology Fee- $50.00 per course. The Technology Fee covers access to University systems such as the online classroom, the Student Portal, and other academic resources. Graduation Fee- $150.00, the fee is a program requirement for all students. It covers the processing and shipping of your official transcripts and the processing, printing, packaging, and shipping of your diploma and the final audit of your degree. Sales Tax- Certain states require Ashford University to charge sales tax on tuition, fees, and/or course digital materials (CDM). Review your account information in the Student Portal to see if this applies to your state. Course Material Course Materials Books, course digital materials and instructional materials for undergraduate students average about $100 per course. average about $140 per course. Bookstore Vouchers ( Only)- If you are eligible for a bookstore voucher you will receive an explaining how the process works and how to redeem the voucher. The Military Grant covers any applicable sales tax, Technology, course materials, including standard shipping costs where applicable. Please see the Academic Catalog for further information. Please verify your eligibility for the Military Grant with the Financial Services department. You might be eligible for a corporate discount; please contact your advisor for more details.

6 Tuition & Loan Amounts for Students Federal Federal s a combination of both grants and loans. A portion of your financial aid amount may include subsidized loans, which are need based. The government pays the interest on subsidized loans while you are enrolled at least half-time and during times of deferment. Unsubsidized loans start accruing interest once the loan has been disbursed. It s recommended that you contact your previous loan servicers/holder to confirm your in-school status on any previous federal student aid. Starting the financial aid year, first time borrowers are subject to a 150% limitation of eligibility for subsidized loans for the equivalent of six years. Federal The maximum Pell award amount that you may be eligible for receive as an undergraduate student for the Award year is $5,815. This is awarded on a need basis and not guaranteed. The may be subject to repayment if all requirements are not met. You are now eligible for a maximum of 12 semesters or a total of 6 years (600%) in. The is not available to Students. Anything you do academically can affect your financial aid and create an out of pocket expense that you could be responsible to pay. These include unsuccessful grades, unscheduled absences over 14 days, enrolling concurrently, and other scheduling changes.

7 Tuition & Loan Amounts If you are age 24 or under you are considered a dependent student unless you answer yes to one of the dependency questions on the FAFSA. This means your parents will need to assist you with completing the FAFSA. As a dependent student you may be eligible to receive: Grade Level 1 (freshman) is between 0-24 credits. You can be eligible for up to $5,500. Grade Level 2 (sophomore) is between 25-credits. You can be eligible for up to: $6500. Grade Level 3 (junior, senior) is 49 or more credits. You can be eligible for up to: $7500. If you are completing an Associate Degree, you are only eligible to borrow loan amounts up to Grade Level 2. Aggregate Loan Amounts In addition to yearly limits, there are also aggregate limits on Federal Student Loans. Dependent undergraduate students are eligible to borrow up to $31,000 with a maximum of $23,000 in subsidized loans. Ashford University encourages responsible borrowing for all students. We recommend that you only borrow the amount of money you need to cover your actual educational expenses, even if you qualify for more. It is important for you to remember that you will need to pay back any loans you may receive.

8 Tuition & Loan Amounts You will fall under one of three grade levels based on the number of credits that are applied toward your degree at the start of your program. Grade Level 1 (freshman) is between 0-24 credits. You can be eligible for up to: $9,500 as an Independent student. Grade Level 2 (sophomore) is between 25-credits. You can be eligible for up to: $10,500 as an Independent student. Grade Level 3 (junior, senior) is 49 or more credits. You can be eligible for up to: $12,500 as an Independent student. If you are completing an Associate Degree, you are only eligible to borrow loan amounts up to Grade Level 2. Aggregate Loan Amounts In addition to yearly limits, there are also aggregate limits on Federal Student Loans. Independent undergraduate students are eligible to borrow up to $57,500 with a maximum of $23,000 in subsidized loans. Ashford University encourages responsible borrowing for all students. We recommend that you only borrow the amount of money you need to cover your actual educational expenses, even if you qualify for more. It is important for you to remember that you will need to pay back any loans you may receive.

9 Tuition & Loan Amounts for Students consists of Unsubsidized Direct Loans which start accruing interest once the loan has been disbursed. Loan Amounts As a graduate student you are eligible to receive up to $20,500 in direct unsubsidized loans per academic year. Aggregate loan limits In addition to yearly limits, there are also aggregate limits on Federal Student Loans. As a graduate student you are eligible to borrow up to $138,500 in student loans. Please remember that anything that you do academically can affect your financial aid and create out of pocket expenses that you could be responsible to pay. These include non-passing grades, breaks in attendance, enrolling concurrently, and any other scheduling changes. Please contact the Financial Services department if you have a specific question on how a schedule change will affect your financial aid. We know this can be an exciting time in your life and we are here to help guide you through the process. Ashford University encourages responsible borrowing for all students. We recommend that you only borrow the amount of money you need to cover your actual educational expenses, even if you qualify for more. It is important for you to remember that you will need to pay back any loans you may receive.

10 Tuition & Loan Amounts As a cash paying student, you are required to pay 100% of your tuition and any applicable fees on or before the start date of each course. For your convenience, you can place a credit card on file to be automatically charged for tuition and fees. If you place the credit card on file to be automatically charged, your card will be charged at the start of each course. If you re using a credit or debit card and your card is declined, a fee of $10.00 may be assessed. You may also encounter additional fees imposed by your banking institution. Payments can be made through your student portal, or by contacting the Financial Services department. We will send you an invoice for each course via two weeks prior to the start of that course. Please remember that is your responsibility to pay 100% of your tuition and fees prior to the start of each course. If a payment is not received on or before the course start date, you may be removed from class.

11 Tuition & Loan Amounts In order to select tuition reimbursement as your primary payment option, your employer must reimburse at least 50% of the cost of your annual tuition. If it does not meet the 50% you can use tuition reimbursement as a secondary payment option. - If you are an undergraduate student this amount will be $6, If you are student this amount will be: MAED, MATLT, MAPSY & MASE: $6,924. MACC, MAHCA, MAOM, MBA, MPA & MSCJ: $7,728. I recommend that you follow up with your HR department to find out what you are eligible for in. It is your responsibility to ensure that tuition and fees are paid in a timely manner, regardless of receiving reimbursement from your employer. Tuition payments (not fees) are deferred for 90 days from the start date of each course. This payment option requires a credit card on file. If the amount owed is not paid by the time your deferment period expires, the credit card you placed on file will be charged. You may choose to pay with a different credit or debit card for a one-time payment only or paper check prior to the due date. If your credit or debit card is declined, a fee of $10.00 will be assessed. You may also encounter additional fees imposed by your banking institution. If you have been declined credit/debit card payments more than two times you will be required to comply with the terms of the Plan and will no longer qualify for the tuition reimbursement and deferral plan. Invoices will be ed to you two weeks before the start of each course. You can track your account and make payment from the Student Portal. Any applicable fees are due when incurred. There is no deferment period or payment plan accepted for the Technology Fee. Some employers don t pay for this fee, so be prepared to pay out of pocket.

12 Tuition & Loan Amounts Ashford University offers Third-Party ing as a payment option to students sponsored by a Third Party Agency which is your Employer/Organization. Your Employer/ Organization must offer a tuition benefit of at least $2,500 annually and must have a agreement with Ashford University in order for you to select this option. It is your responsibility to confirm with your employer that you are eligible to receive benefits and exactly how much you qualify to receive per year. Your tuition payment is deferred 90 days from the start date of each course. You or your organization must submit a company voucher, purchase order, letter of credit, or cost invoice five (5) days prior to the start of each course. If your voucher is not received by the deadline your organization may not pay for your course and you can have an out of pocket expense. The voucher should include the course name, start date, tuition for your scheduled course, and any applicable fees covered by your organization, such as the Technology Fee. You may also be required to complete a Certification and Authorization form. This form and the voucher can be ed to directbill@ashford.edu or fax it to Any amounts not paid by your organization, or if a voucher is not submitted in a timely manner, it becomes your responsibility. Technology Fee and CDM Technology Service fees and any applicable Course Digital Material fees are due when they are incurred. Failure to pay these fees in a timely manner may result in schedule interruption. Some organizations don t pay for these fees, so you may have to pay out of pocket or use an additional payment option.

13 Tuition & Loan Amounts Leadership Development Grant (LDG) Ashford University offers the (LDG) to students selected and sponsored by a participating Employer. The LDG program is funded by both the Employer and Ashford University. This grant is intended to help students avoid educational loan debt by funding a recipient s direct educationrelated costs. Direct education-related costs include tuition for all eligible courses (limited to three repeated courses), Technology Fee (per course), books, course digital materials, instructional materials, graduation fee, and Prior Learning Assessment (PLA) fees. If both electronic and hard copy course materials are available for the same course, the LDG program will only fund the electronic course materials, and if you choose to receive hard copy course materials, you will be responsible to pay the difference in price and shipping costs. The Leader Development Grant is only available as a primary payment option. Students will become ineligible for the LDG program if they choose to receive funds from any federal student financial aid program for the same enrollment period. The choice to participate in the LDG program is optional and any eligible federal student financial aid is always available if you choose that payment option in lieu of participation in the LDG program. Students will become ineligible for the LDG once they receive three (3) unsuccessful grades during their program of study or if they violate University policies as outlined in the Ashford University Academic Catalog. Students must also abide by all applicable Program Satisfactory Academic Progress (SAP) Standards or Program SAP Standards. Students are always expected to understand, meet, and abide by any Employer requirements in order to continue to receive Leader Development Grant benefits.

14 Tuition & Loan Amounts Leadership Development Grant, cont Unsuccessful grades are defined as an F, WF, W, or for General Education Competency courses, below a C-. Grades considered unsuccessful to the student s employer are also considered as an unsuccessful grade within the Leader Development Grant program. Ashford University or the Employer may remove a student from the at any time. Students may appeal the loss of their LDG eligibility to the Leader Development Grant Review Committee, which consists of at least an Ashford representative and a representative from the Employer. Concurrent enrollment, defined as the enrollment in more than one class in every five (undergraduate) or six (graduate) week module, is prohibited for LDG recipients, unless pre-approved on a case-by-case basis by the Leader Development Grant Review Committee. All required forms (detailed below) must be completed, submitted, and approved prior to applying. The funds up to ten (10) undergraduate or eight (8) graduate courses per 12-month period; however, Ashford University does not guarantee that ability to take this maximum amount of coursework in any given 12-month period. Your forms must be renewed every twelve (12) months in order to continue to receive LDG benefits. Please send all required forms to your assigned Student Advisor for verification at least seven (7) days prior to the start of classes in the applicable 12 month period.

15 Tuition & Loan Amounts Leadership Development Grant, cont... Documentation required for the : Agreement (executed between the University and Third Party Agency); Disclosure and Waiver; Student Acknowledgement; Student Finance Agreement indicating Leader Development Grant Authorization to Release Student Records; Student Payment Authorization (if applicable); and Net Price Calculator Results, Shopping Sheet, and Data Sum mary. Please see the Payment Option Breakdown for additional details.

16 Tuition & Loan Amounts VONAPP If you ve used your military benefits: If you are using the same benefits you used in the past, fill out: Form or for Chapter 35 DEA (dependent educational assistance) to change schools. If you have not used your military benefits Use form , or form if you are using Chapter 35 DEA. Once completed, it is recommended that you send confirmation of completion directly to us at your assigned Advisor, or VA Coordinator. Chapter Payment Details CH 30, 35, 1606 or 1607: When you are using Chapter 30, 1606 or 1607, we will certify your classes with the VA after you come out of Conditional Admission status, and you are responsible for verifying with the VA to receive payment and for paying the tuition charges. You may have to pay for your term prior to receiving payment from the VA. CH 33: When you are using Chapter 33, the VA will pay tuition directly to Ashford. We will certify your classes with the VA after you have come out of Conditional Admission status. If you are not 100% eligible, you will be responsible for paying the tuition charges that the VA does not cover.

17 Tuition & Loan Amounts Continued. Billing : The VA considers us a ¾ time school for the purposes of calculating your monthly payments. You may receive full benefits if you choose to enroll concurrently. Please refer to your VA Office to discuss your eligibility. : The VA will pay you at the full time rate every month that you are enrolled at Ashford University. Deferment You have a one-time 60 day deferment from the day you start your first class using VA benefits. After that, all future courses must be paid in full prior to the start of each course unless you are 100% eligible under Chapter 33. This means you may have to pay out of pocket for the first class before the VA funding is sent. You will be responsible for paying any amounts that the VA does not cover prior to the start of each course. VA Coordinator You will also be assigned a VA Coordinator who will follow up with you. They will be responsible for reviewing your VA file on a monthly basis and certifying your classes as needed. They may also be able to assist with providing you more detail on your funding eligibility. We recommend that you complete your VONAPP now, in order to be prepared.

18 Tuition & Loan Amounts Army: You will apply for TA using the GoArmyEd portal. List Ashford University as your home school (unless you are Non-Degree Seeking) and be sure to add each class into the portal to get your TA approved. We must have your TA approved prior to the start of each class, or you may be removed from class. You will have a TA specialist assigned to you that will be responsible for invoicing. Non-passing grades may result in an out-ofpocket expense. The fiscal year starts every October and you may be eligible to receive up to $4,000 for the year. Air Force: You can apply for a TA voucher for each course in the AF portal or through your education office. You should request TA at least 7 days prior to the start of each class. You may send this directly to us at MilitaryTA@ashford.edu before the start of each course. We must have your TA approved prior to the start of each class, or you may be removed from class. You will have a TA specialist assigned to you that will take care of invoicing. Non-passing grades may result in an out-of-pocket expense. You may receive up to a maximum of $4,500 for the fiscal year which starts every October. Navy: You must receive a signed voucher from your Ed. Office; sign the voucher, and turn it in to MilitaryTA@ashford.edu prior to the start of each class. We must have your TA approved prior to the start of each class, or you may be removed from class. You will have a TA specialist assigned to you that will take care of invoicing. Non-passing grades may result in an out-of-pocket expense. You may receive up to a maximum of $4,500 for the fiscal year which starts every October.

19 Tuition & Loan Amounts Cont... Marines: You must receive a signed voucher from your Ed. office; sign the voucher, and turn it in to MilitaryTA@ashford.edu prior to the start of each class. You will have a TA specialist assigned to you that will take care of invoicing. Non-passing grades may result in an out-of-pocket expense. You can request the voucher up to 30 days before the start date. You may receive up to a maximum of $4,500 for the fiscal year which starts every October. Your base may be allotted a specific dollar amount per quarter and when those funds are exhausted, TA will not be approved until the next quarter. Coast Guard: You must receive a signed voucher from your ed. office sign the voucher yourself and turn it in prior to the start of each class. You may send this directly to us at Military- TA@ashford.edu. You will have a TA specialist assigned to you that will take care of invoicing. Non-passing grades may result in an out-of-pocket expense. You must apply for TA at least 14 days in advance. TA will pay $250 per credit hour or $750 per class. You may receive a maximum of $4,500 per fiscal year which starts over every October. DOD Employees: You must be employed by the DOD, not a contractor. You may have additional documentation that must be submitted. Your DoD entity s Human will be your primary point of contact to set up your funding.

20 Tuition & Loan Amounts Continued. Billing CIDP: Your initial cost invoice and degree plan will be generated automatically in your online application portal (OAP). If needed, you may also request one from our TA department via and you can expect to receive it within 48 hours. Vouchers: You must submit a new TA approval for each course, and it is due prior to the start of that course. Be sure to give yourself enough time to obtain the necessary approval, as you may be unscheduled if it is not received on time. Failed courses: Failed courses may result in an out-of-pocket expense. See your education office for further information on how they handle TA for non-passing grades. Payments See specific branch information for information about payments. You have the option of taking a break once your TA funding runs out. However, if you would like to continue taking courses, you can set up a Secondary Payment Option. TA Specialist You will also be assigned a TA specialist; their contact information will be available to you in your Student Portal. They will be responsible for invoicing, and can further assist you with TA.

21 Tuition & Loan Amounts Veterans Vocational Rehabilitation (Ch. 31) If you have been approved to use Veterans Voc. Rehab., you will be assigned a Case Manager. Application You or your Case Manager must provide a approving your use of Voc. Rehab benefits. Once we have that on file, you will be certified for your courses that have been approved and each class that is certified will be invoiced during the 4th week of that class. Contact: Your VA Coordinator will be your primary point of contact at Ashford University.

22 Tuition & Loan Amounts as a Secondary Payment Option If you apply for the Federal (undergraduate students only), you may be eligible to receive up to $5815 for the Award Year. This award is on a need basis and is not guaranteed. Please note that the may be subject to repayment if all requirements are not met (60% of classes within the academic period must be completed successfully.) Students are now eligible for a maximum of 12 semesters of Pell Grant (6 total years/600%). If you choose Pell as a Secondary Payment Option, you will not be applying for loans. However, you may apply for loans at any time. There are 5 initial required documents that you must complete before financial aid is awarded. The documents may take approximately 2 hours to complete. You will have access to the that will assist you in organizing the documents. The list of documents include: Institutional Application Federal Student Aid ID Entrance Loan Counseling- Required only if requesting loans Master Promissory Note- Required only if requesting loans Free Application for Federal Student Aid (FAFSA) If you are only applying for the, you will say NO to loans on the Institutional Application, and skip the Entrance Loan Counseling and Master Promissory Note. The funding from your Secondary Payment Option will be applied toward any costs not covered by your Primary Payment Option. For more details about how your payment options will work, please contact the Financial Services department.

23 Tuition & Loan Amounts as Secondary Payment Option If you have selected cash as your secondary payment option, you are required to pay 100% of any charges not covered by your primary payment option. For your convenience you can place a credit card on file and authorize charges through your student portal or by contacting the Financial Services department. If your debit or credit card is declined, a declined payment fee of $10 may be assessed. You should check with your bank to see if they also charge fees for declined payments. You may also send paper checks or money orders two weeks prior to the start of each course to ensure payment is processed in time. We will send you an invoice for each course via two weeks prior to the start of that course. Check your account details in the student portal to see your payment history.

24 as Secondary Payment Option FERPA Tuition & Loan Amounts If you select tuition reimbursement as your Secondary Payment Option, this option will allow you to receive invoices prior to the start of each class. You should submit a Certification and Authorization Form which is located in your student portal. This is where you will agree to the terms and conditions of this payment option, place your credit card on file and authorize Ashford University to charge this card according to the terms and conditions of this payment option. If your credit card is declined, additional fees may be applied to your account. These fees are outlined in the Ashford University Catalog. You will be subject to all terms and conditions of this payment option if there are charges remaining on your account after the funds from your primary payment option have been exhausted.

25 Tuition & Loan Amounts as a Secondary Payment Option You have selected as your secondary payment option. This option will allow you to receive financial aid in the form of loans and grants, if eligible. We recommend that you only borrow loans up to the amount that you need in order to supplement your primary payment option. You also have the option of removing this payment option if you determine you do not need it. Please locate the appropriate financial aid section ( or ) for more information on how to apply.

26 Tuition & Loan Amounts as a Secondary Payment Option You have selected as your secondary payment option. This benefit is for a maximum of $2,000 per fiscal year and is limited to $4,000. If your funds are not used within 3 years from the start date of the first course for which funding was requested, your funds will be forfeited. It can only be used toward the completion of an Associate s degree. You must submit a voucher from before the start of each course. You must apply through the Military OneSource online portal. You will have a TA Specialist following up with you for more information, and can give you instructions on how to apply.

27 Tuition & Loan Amounts You will be receiving an any time there are documents that you need to complete. The will direct you to the funding portal, which will outline the document requirements. These are the initial required documents: Federal Student Aid ID (FSA ID) Free Application for Federal Student Aid (FAFSA) Understanding Your Offer Tool Institutional Application Entrance Loan Counseling Direct Loan Master Promissory Note Click the to learn more about each document Ashford University encourages all students to register for an iontuition account through iontuition is a web-based tool provided by Ashford University to students at no cost to help manage your loans through a single portal. iontuition gives you easy access to your student loan information, important messages regarding your loans, access to personal budgeting software, as well as access to important financial literacy topics. We recommend all students register immediately to gain access to this valuable information.

28 Tuition & Loan Amounts Federal Student Aid ID (FSA ID) The FSA ID will be used to complete your FAFSA, Direct Loan Master Promissory Note (MPN) and your Entrance Loan Counseling. Remember that you should never share your FSA ID with anyone, including school officials. To request an FSA ID: Visit Select the FSA ID site located at the top of the webpage to request FSA ID. Forgot or lost your FSA ID? Visit index.htm

29 Tuition & Loan Amounts Free Application for Federal Student Aid (FAFSA) The FAFSA is required to apply for financial aid. You will need to reapply for financial aid each year by completing a new FAFSA. The FAFSA can be completed as early as January 1st each year. You do need your tax information for the previous year to complete your FAFSA. You might have the option (depending on your filing status) to link to the Internal Revenue Service (IRS). This will allow you to safely transfer information into your FAFSA by using the IRS Data Retrieval Tool. Ashford University s School code is Once you complete the FAFSA you will receive an titled, ACTION REQUIRED: Understanding your estimated financial aid offer. You are required to complete this exercise tool designed to help you understand your estimated financial aid offer. Please complete this tool within the next 1-2 days.

30 Tuition & Loan Amounts Understanding Your Offer Tool This web-based tool is designed to present you with an estimated financial aid offer and help you understand how student debt may impact your future finances. The goal of this tool is to ensure that our students are responsible borrowers who are informed of the financial impact of taking on student debt as they make a decision to enroll at one of our institutions. Please review this information before signing your Master Promissory Note. Please complete this tool within the next 1-2 days. It should take approximately 15 minutes to complete. If financial aid is your primary payment option, you must supply all required documents by 11:59 pm in the Pacific Time Zone on Monday of your first week of class. Please note that the values displayed in this tool are estimates only and are subject to change depending on your eligibility.

31 Tuition & Loan Amounts Ashford University Institutional Application In the institutional financial aid application you will input the amount of Federal Student Aid you would like to receive (based on eligibility). You will need to list any other sources of aid that you will be receiving that will be applied toward your school related expenses. Please be sure to list the Branch of Service in the space available. Option 1: You have the option to only borrow what is needed for institutional costs (tuition and fees) by selecting this option. Option 2: You have the option to request the maximum amount of funding that you are eligible for by selecting the box indicating this option. You always reserve the right to decline all or a portion of your loan. Option 3: If you would like to request a specific amount, you can use the charts within the Institutional Application to help you determine the amount you would like to borrow. Option 4: If you would like to decline loans, you may select this last option. The PELL grant is never guaranteed. If you choose this option, be sure that you have a primary payment option other than. Remember that Ashford University encourages responsible borrowing. We advise that you only request a loan amount needed to cover your actual cost of tuition, fees, and school expenses, such as living expenses and books.

32 Tuition & Loan Amounts Entrance Loan Counseling You will need to complete the Entrance Loan Counseling only if you are requesting loans. The Entrance Loan Counseling application basically covers how federal education loans work and your responsibilities when borrowing a Direct Loan. You can complete this task by logging into

33 Tuition & Direct Loan Master Promissory Note You will need to complete the Master Promissory Note only if you are requesting loans. This is your agreement with Direct Loans promising to repay any federal education loans borrowed and will also cover your repayment options. Loan Amounts

34 Tuition & Loan Amounts iontuition (Optional) Ashford University encourages all students to register for an iontuition account through iontuition is a Web-based tool provided by Ashford University to students at no cost to help manage your loans through a single portal. iontuition gives you easy access to the student loan information, important messages regarding your loans, access to personal budgeting software, and access to important financial literacy topics. We recommend that you register immediately if you have not done so already to gain access to this valuable information.

35 Tuition & Loan Amounts Verification There is a possibility that additional documents may be requested of you. If anything else is needed, you will receive an from Ashford University outlining the documents you will need to complete the process. Avoid delays in your financial aid processing by completing any documents requested of you right away. Award Letter After you have submitted all required documentation it take a few weeks for us to process your financial aid after your documents are complete. Once this process is complete, we will send you and titled, Your Package is Ready. The award letter will give you an idea of how much you will be receiving in loans and grants. Remember that Ashford University encourages responsible borrowing. We advise that you only request a loan amount needed to cover your actual cost of tuition, fees, and school expenses, such as living expenses and books.

36 Tuition & Loan Amounts Stipend checks are distributed through our partner, Tuition Management Solutions (TMS). You have the option to receive your stipend through direct deposit or by receiving a paper check. If you choose a paper check, the check will come from TMS and will be delivered to the address we have on file for you. If you sign up for direct deposit, please wait until you receive an invitation from TMS toward the end of your first class. It can take up to three business days to verify your routing and account information. If you are eligible for a stipend, it will be delivered directly to your bank soon after appearing in your account information section of the Student Portal. If your account is not verified before your stipend is issued, a paper check will be mailed to the address we have on file for you. This is also the default method if you do not choose an option. If you wish to change your option at a later date, you can use the link within your Student Portal.

37 Tuition & Loan Amounts Catalog Student Portal >My Finances Tab > Entrance Loan Counseling & Master Promissory Note FAFSA Federal Student Aid ID (FSA ID) Student Portal Payments Student Loan History Ashford University Catalog LDG Policy

38 Tuition & Loan Amounts FA Tracker (Mobile App) Access your Student Profile in the Ashford University mobile app to check the status of your financial aid. You can do this by touching My Finances, FA Status, then touch the event for notification information for more information. Iontuition iontuition is a web-based tool provided by Ashford University to students at no cost to help manage your loans through a single portal. Students can register for an iontuition account through Net Price Calculator The Net Price Calculator is designed for full-time undergraduate students who are seeking their first degree. It will give you a clear estimate of how much it costs to graduate from Ashford University.