New College

Tuition costs at New College are comparable to those of other schools in the State University System of Florida. Students and their families do not pay extra for New College’s low faculty-student ratio or individualized curriculum. But a college education is still a major expense for most families, and New College works to assist students and their families who demonstrate financial need as determined by the federal financial aid application process. In addition, New College considers students who present backgrounds of exemplary achievement for scholarship awards. Sections on financial aid and scholarships follow a discussion of tuition and fees.

Pursuant to section 1009.24, (Florida Statutes), tuition includes fees assessed to students for enrollment in credit courses at the College. As defined in Rule 6C-7.005, F.A.C, tuition consists of the several fee components, depending on whether a student is a resident or a non-resident.

For purpose of fee assessment only, a one-semester academic contract at New College is equated with sixteen credit hours; an independent study project (ISP) is equated with four credit hours.

The following tuition & fees amounts were approved by the New College Board of Trustees for the 2007-2008 Academic Year:

Fee per Student Credit Hour (SCH)	Resident	Non-Resident
Matriculation	$ 73.71	$ 73.71
Non-Resident Fee	$ 0.00	$ 472.31
Student Financial Aid Fee	$ 3.68	$ 3.68
Non-Resident Student Financial Aid Fee	$ 0.00	$ 23.61
Capital Improvement Fee	$ 2.44	$ 2.44
Building Fee	$ 2.32	$ 2.32
Activities and Service Fee	$ 15.86	$ 15.86
Health Fee	$ 4.36	$ 4.36
Athletic Fee	$ 2.41	$ 2.41
Total Per SCH	$ 104.78	$ 600.70

Fall Semester – 20 SCH	$ 2,095.60	$ 12,014.00
Spring Semester – 16 SCH	$ 1,676.48	$ 9,611.20
Total Annual Tuition	$ 3,772.08	$ 21,625.20

Application Fee: Individuals who make application for admission to the College shall pay a non-refundable application Fee of $30 for Fall 2008 Semester and beyond.

Late Registration Fee: A $100 late registration fee is assessed for late registration or late academic contract submission.

Late Payment Fee: A $50 late payment fee will be assessed on nondeferred registration fees unpaid at the end of the first week of classes (Tuesday). A late payment fee (as well as a returned check charge of $15) will be assessed if a check is returned by the bank or has not cleared by the end of the first week of classes.

Students who have not paid their registration fees in full by the last day (Tuesday) of the first week of classes may have their registration canceled for that semester. Cancellation of a student's registration means that the student is no longer enrolled. A student may request reinstatement only during the three weeks following the cancellation deadline, and all fees must be paid at the time of the request.

Since all fees are subject to change by action of the Florida Legislature without notice, the fees appearing herein should be used only as guidelines. New College will make every effort to advertise any fee changes as they occur, but students should be prepared for variations at the time of registration. All fees are due and payable by 5:00 p.m. on the last day (Tuesday) of the first week of classes. Invoices are available online through NewCLEIS. Students receive a computer-generated invoice at the time of registration; invoices are not provided in advance of registration. This invoice must be presented when payment is made. Payment may be made at the Cashier's Office, during normal working hours, or mailed to New College, Cashier's Office (PMD-123), 5800 Bay Shore Road, Sarasota, FL 34243-2109. Note that on Tuesday, the Cashier's Office closes at 5:00 p.m. Checks mailed must be postmarked on or before the payment deadline. Checks should be made payable to the New College of Florida for the correct amount, and must include the student's New College Student Identification number on the face of the check.

All students, as a part of their tuition, pay A & S fees. These fees are governed by the New College Student Alliance (student government), subject to the New College Board of Trustees, and used only for student-related services and activities. A & S funds cover the costs of operation and maintenance of Hamilton Center, the swimming pool, the Fitness Center, and other recreational facilities, plus programs, publications, theatrical events, student clubs and organizations, and other activities sponsored by the student government.

Housing and meal plan fees are due and payable by the Friday of the first week of classes. Payments should be made by 5:00 p.m. on the last day (Tuesday) of the first week of classes. Invoices are available online through NewCLEIS. Payments may be made at the Cashier’s Office during normal working hours, or mailed to New College, Cashier’s office (PMD 123), 5800 Bay Shore Road, Sarasota, FL 34243-2109 and may include tuition and fees. The student's name and New College Identification number should appear on the check. If not paid in person, a statement should accompany the check explaining the type and amount of payments included in the remittance. The Office of Residential Life and Food Service recommends that payments be mailed certified or registered and that the sender retain the receipt as proof of date mailed. The fee shown below is subject to change.

The 07-08 estimated cost of specific housing options and a range of food service plans can be found at: http://www.ncf.edu/housing/

Notes: Students may make optional additions of $50 (plus sales tax) increments to the food plan. Other housing options and food plans are available; consult the Office of Residential Life and Food Service for further details. Students, who register for fall semester, plan an off-campus ISP, and plan to return for spring semester, are required to pay the entire fall semester fee. Students not returning spring semester may request a partial refund of fall housing fees. Contact the Business Office for payment options.

A health and accident insurance plan with a private insurance underwriter is available to students who have paid their health fee (and to their dependents-spouses and unmarried children under age 19). A current description of rates, enrollment procedures, and benefits is available at Parkview House.

WITHDRAWAL

Officially requested and documented refunds will be made according to the following schedule:

You may withdraw from New College prior to graduation by completing a Withdrawal Form, obtained from the Office of the Registrar, and obtaining the required signatures. The form requires a statement of the reason for withdrawal, an exit interview with the Dean of Students, a signature that the exit interview has taken place and notes from the interview. The form requires two additional signatures, one from the Director of Financial Aid certifying that all financial aid requirements have been met and a second from the Director of Residential Life and Housing certifying that all housing obligations have been met.

If withdrawing during the semester, the official date of withdrawal will be the date the Withdrawal Form is received by the Office of the Registrar. If withdrawing after the end of the semester, the official date of withdrawal will be the last day of the semester. To be eligible for a 100% refund of tuition and fees, you must withdraw prior to, or during, the first week of classes of a given semester. Students who withdraw during the 2^nd to 4^th week of classes can receive a 25% refund of tuition and fees, minus any late payment fees, a late registration fee of $100, and capital improvement and building fees. Students who have prepaid for an ISP are eligible for refund of the payment if they withdraw by the end of the semester preceding the ISP period for which the ISP was paid.

New College of Florida’s financial aid program sources include federal, state, and institutional funding. Financial aid may be provided in the form of scholarships, grants, loans, and/or employment opportunities. All grant assignments are based upon need. Scholarship funding may not be available to students who enter in the spring term.

New College Of Florida Scholarships: These scholarships are funded by New College of Florida and the New College Foundation. Each admitted first-time-in-college student will be offered a scholarship based upon institutional rating and residency classification. Transfer students will be considered for scholarship funding based upon GPA, residency classification, and time of admission.

New College Excellence Award: This scholarship is funded by New College of Florida and awarded on the basis of national merit or national achievement finalist status, or national Hispanic scholar status. National merit and national achievement finalists must select New College as their first-choice school according to national merit scholarship corporation procedures. Florida residents are awarded $2,500 per year plus a $1,000 first year stipend. Non-Florida residents are awarded $17,500 per year.

IB Scholar Award: This scholarship is funded by New College of Florida and awarded to International Baccalaureate students who received the New College Junior Scholar Award in the junior year of high school. Twenty IB scholar awards are reserved for each year, in the amount of $2,500 per year.

Affinity Awards: This scholarship is funded by New College of Florida. The Dean of Admissions and Financial Aid selects recipients. Those considered for eligibility are students who graduated from a diploma program for the Advanced International Certificate of Education or the full IB diploma programme; are a member of the FEF National Achievers Society or a Ventures Scholar; or are graduating from a member program in the National Consortium for Specialized Secondary Schools of Mathematics, Science and Technology. Florida residents are awarded $250 per year. Non-Florida residents are awarded $2,500 per year.

Florida Bright Futures Scholarship: The Florida Bright Futures Scholarship (BFS) Program provides three types of lottery-funded scholarships to reward Florida high school graduates for academic achievement. The Florida BFS Program comprises the following three awards:

For further information on the Florida Bright Futures Scholarship Program, call
1-888-827-2004 (toll-free), or visit the BFS website at www.MyFloridaEducation.com/brfuture for detailed eligibility information.

New College of Florida Grant. This grant is funded by New College of Florida, and awarded on the basis of financial need. Eligibility is based upon information provided on the Free Application for Federal Student Aid (FAFSA).

Federal Pell Grant. This grant is funded by the federal government, with eligibility determined by the Department of Education on the basis of information provided on the FAFSA. For the 2007-2008 academic year, the maximum Pell Grant amount is $4,310.

Federal Supplemental Opportunity Grant. This grant is funded by the federal government, with eligibility for all Pell Grant recipients. The FSEOG Grant amounts range from $100 - $2,000 depending upon the availability of funding.

Federal Academic Competitiveness Grant. This grant is funded by the federal government, with eligibility for all Pell Grant recipients who are US Citizens, enrolled in their first or second year of college, and have completed a rigorous secondary school program as determined by the Department of Education. The ACG Grant amount is $750 for first-year students and $1,300 for second-year students.

Florida Student Assistance Grant. This grant is funded by the State of Florida and available to Florida students who demonstrate substantial financial need. Eligibility is determined by the Florida Office of Student Financial Assistance (OSFA) on the basis of information submitted on the FAFSA.

Florida First Generation Grant. This grant is funded by the New College of Florida Foundation and the State of Florida and is available to Florida students whose parents have not earned a baccalaureate degree and who demonstrate financial need. Students must submit an application to be considered for this grant. Eligibility is determined by the Financial Aid Office on the basis of information submitted on the FAFSA. Grant amounts range from $200 to the Cost of Attendance and may be renewed annually depending upon the availability of funding.

Federal Stafford Loan. This federal loan has a variable interest rate that will not exceed 8.25%. Eligibility is determined by New College, based on the information provided on the FAFSA. Loan funds are provided by private lenders participating in the Federal Stafford Loan program. Repayment begins six months after you cease to be enrolled in school at least half time. (All New College students enroll full time.) Loans are either subsidized or unsubsidized. A subsidized loan is awarded on the basis of need, and the federal government pays all interest on the loan until the student enters repayment. An unsubsidized loan is not based on financial need, and the student is responsible for all interest associated with the loan. Federal regulations limit students’ annual borrowing amount. The annual loan limit for freshmen is $3,500, sophomores is $4,500, and juniors and seniors remain is $5,500. The aggregate amount that may be borrowed for all undergraduate study is $23,000. If you are an independent student as determined by the FAFSA, or a dependent undergraduate whose parents are unable to borrow under the Parent Loan for Undergraduate Students (PLUS) program, you may be eligible to borrow additional amounts under the unsubsidized Federal Stafford Loan program. Contact the Office of Financial Aid for additional information.

Plus Loan. The Parent Loan for Undergraduate Students (PLUS) is not packaged as a component of the financial aid package, but is available to families who wish to borrow to finance all or a portion of their expected family contribution. The PLUS loan is a non-need based federal program that enables parents with good credit histories to borrow to pay the educational expenses of their dependent college students. Parents may borrow up to the Cost of Attendance minus any other financial aid. The interest rate on this loan is variable, but will not exceed 9%. Repayment begins within 60 days of disbursement with a maximum repayment period of 10 years. There is no federal interest subsidy on the PLUS Loan.

Alternative Loan. Alternative loans are loans from a lending institution; they are not a part of the federal government guaranteed loan programs. Alternative loans are more expensive than federal government loans and should be used only when all other options have been exhausted. It is important for you to check with the New College Office of Financial Aid for all federal loan programs and possibilities before you borrow from an alternative loan program. Most alternative loans require a good credit history and/or a credit worthy co-signer. An alternative loan is not based on need. Students may borrow up to the Cost of Attendance minus any other financial aid.

New College Work Study. This employment program is administered by New College of Florida and awarded on the basis of financial need. Students may seek jobs on campus through a variety of offices. Eligibility is determined on the basis of information provided on the FAFSA.

Federal College Work Study. This employment program is administered by New College of Florida and awarded on the basis of financial need. The program is funded by the federal government and New College of Florida. Students may seek jobs on campus through a variety of offices. Eligibility is determined on the basis of information provided on the FAFSA.

Most financial aid programs require students to file a Free Application for Federal Student Aid (FAFSA). The Free Application for Federal Student Aid (FAFSA) can be completed online at www.FAFSA.ed.gov. This is the only application necessary to apply for financial aid at NCF. The financial aid application process must be completed each academic year. There is a March 1 priority deadline for need-based funding consideration. The application will remain in effect for both the fall and spring semesters. Students who did not apply for the fall semester may still apply for the spring.

All financial aid funds, except work-study, are applied directly to the student’s New College account, established through the Business Office. The NCF account consists of all educational fees, room and board, and any other school charges. One-half of the student’s financial aid is credited to the account for the fall semester and the other half is credited for the spring semester. If the financial aid exceeds the school charges, the balance is paid to the student by refund check. Work-study students will receive their work-study funds as they earn them through the College’s bi-weekly payroll system.

Federal regulations require all schools participating in Title IV federal financial aid programs to have a Standard of Satisfactory Progress, which applies to all applicants/recipients of financial aid as one determinant of eligibility.

Students’ academic progress will be measured by both a qualitative and quantitative component.

The Maximum Time-Frame for New College of Florida students allows a total of 186 attempted credit hours.

The Completion Ratio requires students to successfully complete a minimum of 67% of all coursework/contracts attempted.

Initial Review – Satisfactory academic progress is initially reviewed prior to financial aid being awarded.

Semester Review – Satisfactory academic progress is reviewed at the end of each semester, after contract evaluations are submitted.

If you have attempted the maximum allowable credit hours but have not graduated, your eligibility for federal financial aid will be terminated.

Note: Academic Dismissal – Academic Dismissal prevents financial aid from being disbursed until you are permitted to re-enroll at New College. Petitions for readmission must be made through the Student Academic Status Committee by contacting the New College of Florida Registrar’s Office.

Students who receive federal financial aid and withdraw or stop attending all classes are subject to the Return of Title IV Funds calculation. Those students who have completely withdrawn prior to the 60% point in the semester and have received federal funds from loans or Pell, FSEOG, or ACG grants are subject to a recalculation of their federal awards.

NCF will calculate the earned portion of such awards based upon the number of calendar days completed vs. the number of calendar days in the semester. Any unearned portion will be returned to the Department of Education.

In addition, the student must repay the difference, if any, between the amount of unearned assistance and the amount that the school must return. In most cases, when a student receives Title IV assistance greater than the amount of institutional charges, (s)he will most likely be subject to return some of those funds. However, students who must return grant funds are given additional consideration: the student’s grant repayment is reduced by half.

Regular attendance is required of all financial aid recipients. Students who never attend their classes will not receive financial aid, even if their application is complete and eligibility was determined.

For assistance with matters pertaining to payment of fees, please see the appropriate offices:

Financial Aid, ROB 202, is responsible for determining your eligibility, offering you financial assistance, posting the funds to your student account, and processing expense and student loans. If your question pertains to any of these categories, you may call (941-487-5001), make an appointment, or e-mail Financial Aid at ncfinaid@ncf.edu.

Registrar’s Office, PMD 115, is responsible for maintaining your registration status, address information, release of academic holds, determining your Florida residency status, and completion and submission of enrollment verification forms to your lender. If your question pertains to any of these categories, you may call (941-487-4230) or e-mail the Registrar at records@ncf.edu.

Business Office, PMD 123, is responsible for charges placed on your student account, receipt of payments to your student account, financial holds, disbursing funds and any outside scholarship checks. If your question pertains to any of these categories, you may call the Business Office at (941) 487-4625.

Registration procedures are described the academic regulations section of the catalog. To be registered, students must pay all assessed tuition and fees or arrange a payment agreement to include satisfaction of all amounts due and delinquent to the College. Registration periods are defined in the New College of Florida Catalog and other College publications. See the academic calendar on the Registrar’s Web page at www.ncf.edu/Registrar/index.html.

A student who initiates registration after an applicable registration period shall incur a $100.00 late registration fee. Registration may be initiated, on an exceptional basis, after the end of a late registration period if:

As described in the Academic Regulations section of the catalog, registration at New College also includes “The Educational Contract Submission.” The contract submission period begins on the first day of classes for the term and end as specified in the College catalog, but not later than the tenth day of classes. An educational contract may be accepted on an exceptional basis after the end of the Educational Contract Submission Period if:

1. Tuition and fees for the term shall be based on the educational contract and Independent Study Projects remaining on the record at the close of the Educational Contract Submission Period.

2. No tuition and fees shall be assessed, and no credit shall be awarded, for an educational contract or Independent Study Project dropped during the Educational Contract Submission Period.

3. If a student adds an independent study project on an exceptional basis, tuition and fees for the added independent study project shall be assessed.

Tuition and fees must be paid by the close of the late registration period to avoid assessment of a $50.00 late payment fee unless appropriate arrangements for payment of tuition and fees have been made i.e., installment payment and deferment, respectively. Failure to satisfy this requirement will result in cancellation of the educational contract and independent study project. Payment of tuition and fees may be made during scheduled office hours published in the New College of Florida Catalog and other College publications for each term. Payments that are made by mail must be postmarked by a U.S. Post Office by the respective tuition payment deadline listed in the Academic Calendar in order to be considered timely paid.

When a student experiences an unexpected financial hardship that makes it impossible to make full payment of assessed tuition and fees by the payment deadline, the student may request approval to pay in installments. Approval of this request will require the payment of at least 50% of the tuition and fee liability and the execution of a promissory note by the end of the late registration period. The remaining amount shall be paid no later than the beginning of the second half of the academic term. Such requests should be made to the New College Business Office, PMD123.

1. Recipients of VA Benefits – Upon application by the student, the President or President's designee may award to eligible VA benefit recipients one 60-day payment deferment each academic year.

2. Delay of Financial Aid – Students who have completed and submitted the required documents for financial aid by the last day of the late registration period for the term and who appear to be eligible for financial aid, may request a tuition and fees deferment contract from the New College Business Office.

3. Third Party Agreements – Tuition and fees will be deferred for any student when a third party has agreed in writing to pay them. The written agreement must identify the student, the third party and billing address and amount(s) to be paid. Arrangements for such deferment will be made with eh New College Business Office.

Reinstatement of a Student's Cancelled Educational Contract or Independent Study Project

A student whose educational contract or independent study project has been cancelled for financial reasons may request reinstatement through the fourth week of classes. Upon approval for reinstatement, tuition and fees, the late registration fee, if applicable, the late payment fee and other debts owed the College must be paid in full by cash, money order or cashier's check before reinstatement will be effected. After the fourth week of classes, a request for reinstatement must be made to the Registrar. Approval will be granted only when extraordinary circumstances warrant such approval.

The College authorizes certain refunds of tuition and fees, less deductions for unpaid debts to the College. The late registration fee and late payment fee are non-refundable fees. To initiate the refund process, a written refund request must be completed and presented to the Registrar. Forms and instructions such as the Refund Request Form are available from the Registrar’s website: www.ncf.edu/Registrar/index.html .

1. 100% of the applicable tuition and fees will be refunded if the student cancels an educational contract or drops an independent study project or causes his/her enrollment at the College to be terminated by the Registrar's Office prior to the end of the late registration period and submits a completed Refund Request Form.

2. 25% of tuition and fees, less building and capital improvement fees, will be refunded if the student cancels an educational contract or drops an independent study project or causes his/her enrollment at the College to be terminated by the Registrar's Office prior to the end of the fourth week of classes, or at an appropriate time as designated by the College for summer sessions, and submits a completed refund request.

3. 100% of tuition and fees will be refunded when a student withdraws or cancels an educational contract or drops an independent study project due to circumstances determined by the Registrar's Office to be exceptional and beyond the control of the student. Determination will be based on review of a completed written refund request submitted by the student to the Registrar's Office. These circumstances include but are not limited to:

a. Illness of a student of such severity or duration, as confirmed in writing by a physician, to preclude completion of the course(s),

b. Death of the student or death in the immediate family (parent, spouse, child, or sibling),

A written request for refund must be presented to the Registrar within six (6) months of the close of the term to which the refund is applicable.

Students attending the College for the first time who withdraw may be entitled to a pro rata refund of tuition, fees, room and board. A student, who receives financial aid and subsequently changes the enrollment status that results in a refund in accordance with this section, will have the appropriate share of the refund returned to the College's financial aid programs in accordance with the Financial Aid Policy on Refunds and Repayments. See the above section on financial aid refunds.

Cancellation of Registration for Nonpayment of Tuition and Fees and Returned Checks in Payment of Tuition and Fees

A student's current term registration may be cancelled for nonpayment of tuition and fees and for returned checks in payment of tuition and fees, if financial aid or VA benefits were not received for the term.

The Registrar’s Office will attempt to notify students by certified mail of possible registration cancellation for nonpayment of tuition and fees and for returned checks in payment of tuition and fees. This notification must include the specific reason for proposed cancellation and the deadline for payment before cancellation will be made. In addition, the notice of possible cancellation must inform the student that cancellation of registration will result in his/her record appearing as if he/she had never attended the College during that term and that he/she will receive no credit for the educational activities engaged in during that term. Notice should be sent to the student's last known address. Students will also be placed on pending for future registrations, transcripts, diplomas, etc. until the Registrar’s Office has completed the cancellation.