Office Hours:
Monday-Tuesday
8:30 a.m. - 4 p.m.
Wednesday
10:00 a.m. - 4 p.m.
Thursday - Friday
8:30 a.m. - 4 p.m.

How Do I Pay For My PSU Education

Step 1

Determine Your Cost of Attendance

Determine what your average total cost is to attend PSU for an academic year. Please see the Cost of Attendance (2008-09) web page for more detailed information about the costs. Total average estimated costs (billable and non-billable) for the 2008-2009 academic year can be found below. Financial Aid awards are based upon the estimated costs for 2008-2009. Actual rates are established by the University System of New Hampshire Board of Trustees at the end of June and will be reflected in your Fall Semester bill that will be available online at the beginning of July. For specific information about billing, please visit the PSU Bursar's Office Web site.

Category	Avg. COA 08-09	Direct Billed 08-09
NH Resident	$19,900	$16,820
Non-Resident	$27,800	$24,670
New England Regional*	$23,150	$20,120
New England Regional **	$24,800	$21,770
Commuting From Home	$15,200	$8,460

COA=Cost of Attendance

* admitted prior to 2006-07

** admitted for 2006-07 and forward

Step 2

Determine Your Financial Aid Award

Your actual financial aid award can be found by accessing your account through Banner Self Service. For more specific information about the various types of aid, please see the following: Federal/State Grants, Scholarships, Undergraduate Loans or Student Employment. Please remember that Federal Work Study cannot be applied to your bill.

If you plan to use federal loans and are a first-time borrower, you will need to select a lender (PSU has provided a tool to assist you - FASTChoice). Once you have selected a lender, you will be required to complete a one-time online Entrance Counseling session at Mapping-Your-Future. You will then be able to E-sign your Master Promissory Note with your federal PIN number. Funds will then be disbursed to your account in the Bursar's Office at the beginning of each term PSU certified loan eligibility.

Subtract Your Financial Aid Award

Once you have determined your Cost of Attendance and your Financial Aid Award, you may subtract your Financial Aid (except Federal Work-Study) from the Cost of Attendance to determine the amount needed to fund your entire Cost of Attendance for the academic year.

Options for Funding Your Education

There are other options to pay for your education once your Financial Aid Award is subtracted:

Option 1: Payment Plans (This is a great Option!) Visit the Bursar's Office web site for payment options.
Option 2: The Federal Parent Loan for Undergraduate Students (PLUS) loan is a fixed 8.5% interest loan authorized by the Federal government to help pay for dependent student’s education. The maximum eligibility for this optional PARENT loan program was identified on each student's PSU aid award There are fees associated with this loan, and the student’s parent is responsible for repayment of this loan. Please visit our web site for more information about how to apply for the PLUS loan. Deferments may also be possible by contacting the lender.
Option 3: Alternative Loans (USE AS A LAST RESORT-if needed) are loans that are in the name of the student, and most time, sometimes require a cosigner. PSU recommends alternative loans as a last resort to paying the balance of your educational costs due to the high interest rates and potential fees deducted. More information about alternative loans.

Note: You are not restricted to just one of the options above to pay your balance. You may use a combination of any of the above options.