Accepting Your Award Offer: Returning Students

First, log on to Banner Web. In Banner Web, you can accept or decline any aid offered. You will probably want to accept all your grants and scholarships! You will also have the opportunity to accept/decline any loans or work study offered. To accept your award offer please follow the following links:

Financial Aid
Award
Award for Aid Year
Select Aid Year: Financial Aid Year 2009-2010
Accept Award Offer (Tab found near top of page)

Second, while at the Accept Award Offer tab please review any unsatisfied requirements found at the bottom of the page. Requirements are forms or other paperwork needed to finalize your financial aid award. Many of them can be completed from the website by clicking on the hyperlink associated with the requirement.

Third, if you or your parents want to borrow the Stafford and/or PLUS Loan(s), accept the loans in BannerWeb, visit our lender list found at www.presby.edu/finaid to choose a lender and complete the necessary Promissory note(s).

ONLY First time Stafford Loan borrowers must also complete an entrance interview which outlines your rights and responsibilities as a borrower and complete a Master Promissory Note. You can complete an entrance interview at Mapping Your Future’s.org website. Parents should return to their previous lender and apply for a PLUS Loan if accepted.

LIFE and PALMETTO FELLOW ENHANCEMENTS

To maintain eligibility for LIFE or Palmetto Fellow Scholarship, you must earn 14 credit hours of instruction in math or life and physical sciences or a combination of both by the end of your college freshman year. Maintain or declare an eligible Major in Math/Science prior to Fall semester 2009/2010. Eligible majors at PC are: Computer Science, Biology, Mathematics, Chemistry, Physics, or Medical Physics.

More Information

Tuition and Fees for 2009-2010

Resident Students $37,225.00
Tuition $26,436.00
General Fee $ 2,038.00
Technology Fee $ 406.00
Room-Typical Double $ 4,080.00
Any 17 Meal Plan $ 4,265.00

Calculating loans to pay balance:

Prospective students can borrow up to $5,500 in a Stafford Loan to assist in financing the balance. Please remember that most lenders have 1.5% in fees. Typically, this translates to a net of $5,417 that is applied to the balance.

Parents who borrow a PLUS Loan can calculate the amount needed by taking the balance owed after all grants, scholarships, student loans and other aid (except work-study) are subtracted. This remaining balance can be multiplied by lender fees of 3% to calculate the amount needed to borrow.

Payment Plan Option

Parents/Students wishing to participate in a payment plan can begin in April or June and spread out any balance owed over 12 or 10 months, interest free.

Many parents find this an attractive alternative to borrowing a PLUS Loan.

To register for a payment plan, please visit the website <https://www.ecsi.net/tpp/f8-index.html>.
Presbyterian College has a long and prosperous relationship with ECSI. We believe you will be pleased with their level of service.

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