Graduate Student Financial Information |
Tuition and Matriculation Maintenance Tuition for graduate
courses for the 2004-2005 academic year for courses offered by the
School of Engineering (SOE) and the School of Sciences and
Arts (SSA), as well as all courses
in the Executive Master of Technology Management (EMTM), is $875 per
credit hour (not inclusive of other mandatory fees). Tuition and fees for a
typical 3-credit-hour graduate course is $2,745. Tuition for graduate courses
for the 2004-2005 academic year for courses offered by the
School of Technology Management (STM) other than the EMTM program
is $750 per credit hour. The tuition and fees for a
typical 3-credit-hour graduate course is $2,370. Students who have completed all
required credits, and who need to maintain matriculation while completing a
thesis, special problem, dissertation, project or other degree requirements,
must enroll for Maintenance for Matriculation (D999) and
pay a $160 fee per semester in addition to any other required fees.
Other Fees For the
2004-2005 academic year you are required to pay a $95 graduate
enrollment fee for each semester you are enrolled in classes, part
of which is used to support graduate activities. All
graduate students must also pay a Technology
Fee of $8.33 per credit, to a maximum of $100 per
semester. Certain classes may have additional lab fees and course materials fees. The
amounts of those fees vary and are individual to the
departments and locations. A fee for binding three copies of the thesis is
required in advance of the last term of study for the master’s and
Ph.D. degree. A microfilming fee is also required for the Ph.D. degree.
There is a $65 late fee for Change of Enrollment forms
submitted after the Add/Drop deadline (withdrawals are excluded), and a $55 fee if
you submit your Application for Candidacy after the due date.
Stevens requires all degree-seeking graduating students to pay a $185 graduation fee
($55 for students seeking a graduate certificate). There is a
$35 fee for checks that are returned by the bank. There is a $10
fee to replace full-time student ID cards. There is a $250 late
payment fee and various deferred payment fees, depending on the option chosen.
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Transcripts Stevens will release
your transcript to
anyone you request, provided that your
student account is not overdue. You should allow approximately one (1)
week to process the transcript. The transcript will be sent directly
by Stevens in a sealed envelope to the party that you request
it to be sent. Stevens will only release an official transcript to you in
a sealed envelope. There is no fee for transcripts.
Health Insurance All
full-time students are
required by the State of New Jersey to have health insurance. Copies
of the insurance brochure are provided to all students. All
full-time students (9 credits or more) are charged for health
insurance unless they have equivalent coverage. You may go to www.universityhealthplans.com
and click on “Stevens Institute of
Technology” to submit an online waiver of the Institute coverage.
Optional Health Insurance is also available to all part-time
students. The brochure and rate information is available on the Web
at http://www.stevens.edu/chs/insurance.htm.
Books and Supplies You
can purchase all your required textbooks at the Campus Store or
through the Campus Store Web site at www.stevenscampusstore.com.
They will ship your textbooks via UPS directly to any address you
request, for the cost of the textbooks plus the UPS charge. The
Campus Store accepts American Express, MasterCard and Visa.
Graduate Student Housing If you
would like to live in Stevens Graduate Housing, please contact the
Office of Residence Life at (201) 216-5128 for a housing
application. You may also download one from the web (www.stevens.edu/housing)
and fax it to our office at (201) 216-8324. A $350 deposit must
accompany all completed applications. The deposit will be applied
to the housing costs. If you decide not to occupy your room, your
deposit will be forfeited.
Graduate residences are all off campus.
The rates per semester for the 2004 - 2005 academic year are:
1036 Park Avenue, shared occupancy |
$1,835 |
1036 Park Avenue, single occupancy |
$2,205 |
110 Washington Street, shared occupancy |
$2,465 |
110 Washington Street, single occupancy |
$3,465 |
Please note: there is an additional charge for summer and
winter session housing. Please contact the Office of Residence Life
for additional details.
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Meal Plans
Graduate students are not required to be
on a meal plan unless they live in undergraduate housing. There
are commuter and apartment resident meal plans available. Please
contact the Office of Residence Life at (201) 216-5128 for additional
information
Account Statements Account statements are
sent to your permanent address. Stevens will mail statements to
another address of your choice if a written request is submitted to
Student Financial Services. Students may also change their address
in Stevens’ records at www.stevens.edu/es/student
.
Payment Stevens will send a
bill to your permanent adress at the begining of
each semester with a due date approximately three weeks after the date
of the bill. Students not making the full payment at that time
will receive a bill for the amount due approximately three weeks after
the semester begins. Payment may be made in US dollars either by
cash, check or credit card. Stevens accepts American Express, MasterCard
and Visa. Checks should be made payable to Stevens
Institute of Technology. Your Social Security number should be
included on the check. You can also pay your bill on the Web at http://www.stevens.edu/es/student
from any browser.
Prompt payment of student account balances
ensures students keep the classes they selected and their advance
housing selections. Grade reports and transcripts will be withheld
if any balance remains unpaid. Balances paid after the due date
or paid with checks returned by the bank will result in additional
fees.
Deferred Payments If
you are not able to pay your bill in full when you register, you are
required to meet with a representative from Student Financial
Services. There is a $50 fee to defer up to 50 percent of the
tuition and fees for six weeks. If your employer is assuming
responsibility for payment of tuition and fees following the end of
the semester, students may remain registered
without payment by selecting the Extended Payment Plan. There is
an additional $100 fee per semester for selecting this option. An enrollment
form is required each term, to be submitted along with documentation from
the student’s employer verifying payment at the end of that term.
Students with unmet financial obligations
are not considered to have valid registrations. They are not allowed
to attend classes, receive transcripts or grades, participate in
graduation ceremonies or receive their diploma. If you withdraw
or graduate from Stevens with a balance due, Stevens will actively
try to collect the unpaid balance. This may include referring the
delinquent account to a credit reporting agency and/or collection
agency.
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Late Payment Fees
There is a $250 fee assessed if your payment
is received late unless you are enrolled in a deferred payment
plan or have made other arrangements with a Student Financial Services
representative. If you are enrolled in a deferred payment plan
or have made other arrangements, and that payment is received late,
you will be assessed the $250 late fee. This late fee cannot be
waived. Please refer all questions to the Director of Student Financial
Services at (201) 216-5555.
Withdrawals
and Refunds Students who enroll and
decide not to attend class for any reason must officially withdraw
from classes online at www.stevens.edu/es/student
, or by completing
the drop section of the Change of Enrollment form. The Change of
Enrollment form must be submitted to the Student Service Center.
Depending upon the date of withdrawal, professors’ approval
and/or the Dean of Graduate Studies’ approval may be required
prior to dropping a class (please refer to the current Academic
Calendar). The date submitted to the Student Service Center will
determine the official withdrawal date for tuition and fees. Students
must officially withdraw from housing and/or meal plans in writing
to the Office of Residence Life. They will determine the official
withdrawal date for housing and meal plans (which may be different
than the date submitted to the Student Service Center). All tuition,
fees and student housing and meal plan charges will be reversed
based on the official withdrawal date and will be calculated from
the official opening date of classes in accordance with the following
schedules:
Regular academic semester for continuing students
Through the first day of classes |
100% |
After the first day of classes through the second week of
classes |
90% |
After the second week of classes through the fourth week of
classes |
50% |
After the fourth week of classes through the eighth week of
classes |
25% |
Thereafter |
0% |
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Summer Session for continuing students
Through the first day of classes |
100% |
After the first day of classes through the first week of classes |
90% |
After the first week of classes through the second week of
classes |
50% |
After the second week of classes through the third week of
classes |
25% |
Thereafter |
0% |
Student Responsibilities Any loss occasioned by
damage to Institute property will be charged to the student or
students responsible, but if we do not know the students causing the
damage, the costs may be assessed equally upon all members of the
student body. The Institute reserves the right to exclude a student
at any time if conduct or academic standing is regarded as undesirable,
without assigning any further reasons. In such cases, fees will not
be refunded or remitted in whole or part, and neither the
Institute nor any of its officers shall be under any
liability for such exclusion.
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Financial Aid
Many sources of
financial aid are available to graduate students.
These include fellowships, assistantships, federal work-study positions,
on-campus employment, employer tuition assistance plans, loan funds and
deferred payment plans. Fellowships and assistantships are granted on a
competitive basis to outstanding full-time graduate students. Applicants
should consult their department for more information regarding assistantships.
Continuing students may become eligible for additional sources of aid as
they progress through the program and should consult with their department
at regular intervals.
Graduate Assistantships
and Fellowships
Graduate Assistantships
(teaching, research or other) are available in every academic department and
in some non-academic departments. Graduate Assistants are
appointed based on recommendation by the appropriate department director
or principal investigator of a grant or contract. Graduate Assistants
may carry a reduced course load but still complete the master’s
degree in two years or less.
For the 2004-2005 academic year, Graduate Assistants
with a bachelor’s degree earn $15,120 for the academic year,
plus tuition and fees. Graduate Assistants with a master’s degree
earn $16,170 for the academic year, plus tuition and fees. Graduate
Assistants who have completed 30 credits and have successfully completed
the qualifying examination for the doctoral degree receive $17,220
for the academic year, plus tuition and fees. For a Graduate Assistant
carrying a typical academic load (18 credits per year exclusive
of summer session activity), the value of the assistantship is
greater than $30,000. Additional support may also be available
for the summer sessions.
Research
Assistantships:
Research Assistantships generally provide graduate tuition and fee
support and a monthly stipend (see above) for services on sponsored
research contracts. Appointments are reviewed and made by the Office
of Graduate Studies after recommendation by the academic department
director or principal investigator.
Teaching Assistantships:
Teaching Assistantships generally provide graduate tuition and fee
support and a monthly stipend (see above) for teaching assistant
services in the academic departments. Appointments are reviewed
and made by the Dean of Graduate Studies after recommendation by
the academic department director.
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Robert Crooks Stanley Graduate Fellowships
provide tuition plus living allowance for graduate students pursuing
a Ph.D. degree. The fellowships are endowed through the generosity
of the late Mrs. Robert C. Stanley and her children as a memorial
to Dr. Stanley, Class of 1899 and former chairman of the Board of
Trustees. A committee appointed by the Board of Trustees makes the
selections.
Loans and Work-Study
Graduate students enrolled in a degree-granting
program on at least a half-time basis (a minimum of six credits
per semester) may apply for federal student loans and/or Federal
Work-Study (FWS) by submitting the Free Application for Federal
Student Aid (FAFSA). The results of this standardized application
will allow the Financial Aid Office to determine eligibility for
federal aid. Only U.S. citizens or permanent residents may file
the FAFSA; international students do not qualify for federal assistance.
The FAFSA should be
completed and submitted to the processing center at least eight
weeks prior to the beginning of the semester in which the student
plans to enroll. The forms are available upon request from the
Student Service Center in the lobby of the Howe Center, (201)
216-5555, or can be submitted via the Web at www.fafsa.ed.gov. Additional
information about graduate financial aid, including free, on-line
scholarship search services, as well as alternative financing
sources, may also be accessed through the Financial Aid Office’s
home page (http://www.stevens.edu/finaid/).
Eligible graduate
students may qualify for up to $18,500 annually under the Federal Direct Stafford Loan
Program. Additional loans are available for students in need of further
funding, including the Federal Perkins Loan, the CitiAssist Loan, the
Sallie Mae Signature Loan, the Business Access Loan and the
New Jersey CLASS Loan (available to both NJ and non-NJ residents).
A limited number of on-campus employment opportunities are available
under the Federal Work-Study Program. No student can be considered
for these types of assistance without submitting the FAFSA.
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