The award letter issued by the
Financial Aid Office details the type and amount of aid for which a student is
eligible. You will receive a bill mailed separately from the Business Office
detailing the amounts charged to you. Before receiving your bill, you can
estimate what you will owe for a year’s attendance at the Museum School by following the steps below. Keep
in mind that the figures you calculate are only estimates; the Business Office
will send you the actual amounts.
Note: The Financial Aid Office
does not assess charges or issue bills. Direct all questions regarding what you
owe, payment options, specific charges on your bill, or other payment issues to
the Business Office at the Museum School:
617-369-3631.
Calculate your estimated total charges for a year’s
attendance at the Museum School. Be sure to include the following
charges:• Full-time studio tuition
• Art
history courses
• Academic courses
• Mandatory health insurance fee (unless waived)
• Comprehensive Fee
•
Orientation fee (first-time students only)
• Graduation fee (graduating
students only)
• Housing fee(s)
• Room and board
Calculate your
estimated total credits. These include all types of financial aid (with the
exception of Federal College Work-Study) that are listed on your award letter
and that you intend to accept. • Add together all the types of financial
aid listed on your award letter other than any loans or college work-study.
Because the Federal College Work-Study award represents earning potential and is
paid to you as you earn it throughout the year, it is not considered an actual
awarded amount and may not be added to your estimated total
credits. • Add together any Stafford Loans, PLUS
Loans, or alternative loans listed on your award letter. Keep in mind that the
federal government and their guarantor agencies deduct fees of 3 percent to 4
percent before the Stafford or PLUS Loans are
disbursed. Subtract the loan fees before adding the loan amount that will be
received by the School.
If your estimated total credits are less than
your estimated total charges, a balance will be due each semester that must be
paid before the semester starts.
If your estimated total credits are
equal to or greater than your estimated total charges, the amount of your
financial aid should cover the costs of your attendance at the Museum School.
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