Financial Aid Application Procedure
Step 1 – Apply
Apply now and submit the $75 application fee before the deadline to receive priority status for admission to the upcoming semester. The priority status deadline for Fall 2012 semester is February 1, 2012 (August 1, 2012 for Spring 2013 semester and January 1, 2013 for Summer 2013 semester). Applications received after this date will be reviewed individually until programs are full. Applicants who meet admission criteria may be placed on a wait list or offered enrollment for a different semester if applying for a program that is at capacity enrollment. Also, download, print, and fill out the Financial Aid Form 2012-13.
Step 2 – Visit
We encourage all prospective students and their families to visit our campus, either at an Open House or by contacting our Admissions Office to schedule a time. For those students unable to visit the campus in person, please explore our website for more information about the campus.
Step 3 – Program Submission
Schedule an audition, entrance exam or submit your demo as applicable to your major.
Step 4 – Documentation
Submit required additional documentation as stated on the application (such as high school transcript, immunization records, and letters of recommendation). If you have credit to transfer from another institution, an official copy of your prior college transcript needs to be sent to our Registrar Office. Consult with the Admissions Office for any further required documentation.
Step 5 – FAFSA
Due by March 1, 2012
Complete a FAFSA to begin the Financial Aid process by March 1, 2012. Go to www.fafsa.gov to initiate an application (the school code for McNally Smith College of Music is 030012). You will receive an award letter in the mail from the McNally Smith Financial Aid Office within two weeks.
Step 6 – Apply for Scholarships
Due by March 1, 2012
Complete and submit the McNally Smith online scholarship application by March 1, 2012.
Step 7 – Acceptance
Following submission of all required documents to the Admissions Office, a formal letter of acceptance or denial will be sent within two weeks by mail.
Step 8 – Finances
Finalize financial aid and tuition payment plan with the McNally Smith Financial Aid Office. All McNally Smith Scholarship award recipients will be notified by April 1, 2012.
Step 9 – Confirm Acceptance
Due by May 1, 2012
Once the applicant receives an offer of acceptance, a confirmation must be sent back along with a non-refundable $200 tuition deposit by May 1, 2012 for Fall 2012 semester applicants and 30 days in advance of semester start date for Spring and Summer applicants. The tuition deposit guarantees your space in our entering class for that semester and will be applied to your first semester tuition bill. Students may request a tuition deposit waiver from the Financial Aid Office if all Financial Aid monies have been approved and are scheduled to cover the entire amount of tuition and fees for the upcoming semester.
Step 10 – Housing
Begin researching local housing options or schedule a visit to our Residence Hall. Space in the Residence Hall is limited and assignments are made on a first come, first serve basis. Students are encouraged to apply early. Please contact reslife@mcnallysmith.edu with questions. The Admissions Office can guide you through your options.
Step 11 – Orientation
Attend new student and parent orientation as scheduled.
Cost of Attendance
Tuition
Tuition at McNally Smith for the 2011-2012 school year is $870 per credit. For full-time attendance (13-17 credits), tuition is $11,310 per semester. Download more detailed information at the links below:
Fees
Student Services Fee $200 and IT Fee $250 each semester. Lab fee for APP courses ($650 per credit) and REC lab courses ($300 per credit) each semester. Total fees range from $900-4800 per school year, depending on major, average of $3500.
Books
Cost of books is estimated at $500 each semester. Books may also be charged to financial aid packages upon individual request. All Financial Aid monies must be approved for disbursement before books can be charged to a student’s account. Books may also be prepaid each semester.
Room & Board
For more information on the cost of Residence Life and Dining Services at McNally Smith, visit the Residence Hall and Sound Bite Café pages.
Transportation
Transportation includes vehicle expenses such as fuel, insurance, parking, and repairs. A student-discounted bus pass may be purchased through the McNally Smith Bookstore each semester at a substantially discounted rate. Taking the bus represents a substantial decrease on the total budgeted transportation expense. Current transportation expense is estimated at $385 per month.
Personal Expense
Additional non-academic expenses, including telephone, clothing, and entertainment expenses are estimated at $730 per month.
Total Estimated Cost of Attendance per school year
(Estimated totals for two semesters, or eight months
| Tuition | $22,620 |
| Fees (avg.) | $3500 |
| Books | $1000 |
| Room & Board | $8258 |
| Transportation | $3090 |
| Personal Expense | $5842 |
| Total | $44,310 |
Net Price Calculator
A Net Price Calculator is provided to assist students in determining how much money can be expected to be paid out-of-pocket each school year. The Net Price represents the total estimated Cost of Attendance less the average amount of grant and scholarship aid to students at McNally Smith College.
Tuition Payments
Tuition for each semester is due the first day of the semester. Payments may be made with cash, personal check, or credit card. In addition, McNally Smith College offers an online payment system. Tuition may be paid in full for the term through the online system or a monthly payment plan may be set up by contacting Natalie Ditter at 651.361.3365 in the Bursar’s Office. We have also added a Tuition Flex payment option that allows tuition for the semester to be paid in up to 12 monthly installments.
Process #1 (Online Payment)
- Log into CampusVue Student Portal
- Select the My Finances tab
- Select Make a Payment Online
- The amount will be listed on this page
- Enter your credit card information and amount you would like to pay
- Select the Pay button in the lower-right side of the page
Process #2 (Up to 12-Month Pay Plan)
- Go to https://mscm.tuitionservices.com
- Register a Username and Password
- Click on the TuitionEase payment option
- Enter payee info
- Enter the amount to be financed from your CampusVue billing statement
- Use a valid credit card to pay the $75 application set-up fee in TuitionEase
- Servicer Fee Chart (.pdf)
- Servicer ACH Form (.pdf)
Financial Aid Office Code of Conduct
McNally Smith College Financial Aid Professionals:
- will refrain from taking any action solely for their personal benefit.
- will refrain from taking any action they believe is contrary to law, regulation, or the best interests of the students and parents they serve.
- will ensure that the information they provide is accurate, unbiased, and does not reflect any preference arising from actual or potential personal gain.
- will be objective in making decisions and advising their institution regarding relationships with any entity involved in any aspect of student financial aid.
- will refrain from soliciting or accepting anything other than nominal value from any entity (other than an institution of higher education or a governmental entity such as the U.S. Department of Education) involved in making, holding, consolidating or processing any student loans, including anything of value (i.e. reimbursement of expenses) for serving on an advisory body or as part of a training activity or sponsored by such entity.
- will disclose any contractual involvement with or interest in any entity involved in any aspect of student financial aid.
- will not accept staffing assistance from any student loan lending or servicing entity.
- will disclose any family relationship with a current or prospective student. The student will be serviced by a different Financial Aid administrator to avoid any conflict of interest.