Graduate Student Financial Information |
Tuition and Matriculation Maintenance
Tuition for graduate courses for the 2006-2007 academic
year for courses offered by the School of Engineering (SoE) and
the School of Sciences and Arts (ISSA), as well as all courses in
the Executive Master of Technology Management (EMTM), is $965 per
credit hour (not inclusive of other mandatory fees). Tuition and
fees for a typical 3-credit-hour graduate course is $3,005. Tuition
for graduate courses for the 2006-2007 academic year for courses
offered by the School of Technology Management (SoTM) other than
the EMTM program is $825 per credit hour. The tuition and fees for
a typical 3-credit-hour graduate course is $2,585. 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
(D 999) and pay a $185 fee per semester in addition to any other
required fees.
Other Fees
For the 2006-2007 academic year students are required to pay
a $110 graduate enrollment fee for each semester they are enrolled
in classes, part of which is used to support graduate activities.
All graduate students must also pay a Technology Fee of $10 per
credit, to a maximum of $120 per semester. Certain classes may have
additional lab fees and course materials fees. The amounts of those
fees vary and are specific to the departments and locations. A
$90 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. degrees.
A $90 microfilming fee is also required for the Ph.D. degree. There
is a $75 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
$205 graduation fee ($60 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 student ID cards. There is a $500
late payment fee and various deferred payment fees, depending on
the option chosen.
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Transcripts
Stevens will release a student's transcript upon request, provided that his/her account is not overdue and that he/she requests the transcript in writing. Students should allow approximately one week to process the transcript. The transcript is sent directly by Stevens in a sealed envelope to the requested party. Stevens will only release an official transcript directly to the student in a sealed envelope. All transcripts are sent by U.S. mail, unless other arrangements are made. If a student needs the transcript(s) in less than one week, he/she is required to pay for overnight, two-day, or priority mail. All transcript requests must be made in writing over the student’s signature or directly from a Stevens e-mail address. No verbal requests for transcripts will be honored under any circumstances, nor will any requests from a third party unless the student has signed a release for the transcript to that third party.
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 $744 annually for health insurance unless they have equivalent coverage.
Students 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 and to students' spouses and children. The brochure and rate
information is available on the Web at http://www.stevens.edu/chs/insurance.htm.
Books
and Supplies
All required textbooks may be purchased at the Campus Store
or through the Campus Store web site at www.stevenscampusstore.com.
They will ship textbooks via UPS directly to any address requested by the student, for the cost of the textbooks plus the UPS charge. The
Campus Store accepts Duck Bills, American Express, MasterCard, and Visa.
Graduate Student
Housing
If a student wishes to live in Stevens Graduate Housing, he/she may apply online at www.stevens.edu/housing. A $350 non-refundable deposit
must accompany all completed applications. The deposit will be applied
to the housing costs. If a student decides not to occupy his/her room, the deposit will be forfeited.
Graduate residences are all off campus. The rates
per semester for the 2006-2007 academic year are:
1036 Park Avenue, shared occupancy |
$2,025 |
1036 Park Avenue, single occupancy |
$2,425 |
110 Washington Street, shared occupancy |
$2,700 |
110 Washington Street, single occupancy |
$3,750 |
Please note: Other housing options may be offered to graduate students based on availability. Also, there is an additional charge for summer housing. Please contact
the Office of Residence Life for additional details.
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Meal Plans
Graduate students, while not required, are welcome to be on any
meal plan. For more information, please visit www.stevens.edu/housing or contact the Office of Residence Life at (201)
216-5128 or reslife@stevens.edu.
Account Statements
Account statements are sent to the student's permanent address. Stevens will
mail statements to another address of his/her 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 the student's permanent address at the beginning
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 U.S. 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. Students may also pay their bills 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 a student is not able to pay his/her bill in full at the time of registration,
he/she is required to meet with a representative from Student Financial
Services. There is a $55 fee to defer up to 50 percent of the tuition
and fees for six weeks. If an 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. Documentation from the student’s
employer verifying payment at the end of that term is required.
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 a student withdraws or graduates 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 $500 fee assessed on late payments unless
a student is enrolled in a deferred payment plan or has made other arrangements
with a Student Financial Services representative. If the student is enrolled
in a deferred payment plan or has made other arrangements, and
that payment is received late, he/she will be assessed the $500 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
in 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 2006-2007 academic year, Graduate Assistants with a bachelor’s
degree receive a stipend of $16,670 for the academic year, plus
tuition and fees in accordance with the contract from the academic
department. Graduate Assistants with a master’s degree earn
$17,820 for the academic year, and Graduate Assistants who have
completed 30 credits and have successfully completed the qualifying
examination for the doctoral degree receive $18,980 for the academic
year. 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 admissions
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 Academic Administration 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 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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