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2020-2021 COSTS Tiffin University’s tuition, room, board and fees fall below the national average for comparable private four-year colleges. That makes the HIGH-QUALITY EDUCATION YOU RECEIVE AT TIFFIN UNIVERSITY A GREAT VALUE. More than 95 percent of our students qualify for some type of financial assistance. TIFFIN UNIVERSITY COSTS FOR THE 2020-2021 YEAR Full-Time Tuition: $27,210

$38,690 — TIFFIN UNIVERSITY (Tuition: $27,210, Room & Board: $11,080 + Technology Fee: $400)

Technology Fee: $400 Lab Fees/Course Material Fees: Varies Room Options: • Single room with air: $6,950 • Single room without air: $6,590 • Double room with air: $6,180 • Double room without air: $5,560 Meal Plan: • Gold Meal Plan (19 meals a week) - $5,520 (required for all first-year students) • Green Meal Plan (14 meals a week) - $4,660 • Dragon Meal Plan (7 meals a week) - $2,700 • Fire Meal Plan (50 meals a semester) - $1,360

50K

$48,510 — NATIONAL AVERAGE FOR FOUR-YEAR PRIVATE COLLEGES* 50K

Tiffin University’s 2019-2020 average out-of-pocket tuition expense was $13,374. Make sure to file your Free Application for Federal Student Aid at fafsa.ed.gov.

FINANCIAL AID OFFICE . 155 Miami Street, Tiffin, OH 44883 . 419.448.3279 . Fax 419.443.5025 . finaid@tiffin.edu . tiffin.edu/finaid Tiffin University’s Non-Discrimination Policy and reporting information is available at tiffin.edu/institutionaldiversity/

FLEXIBLE, AFFORDABLE EDUCATION

OPTIONS TO HELP COVER YOUR BALANCE 1. Pay balance in full each semester The fall balance is due August 1 and the spring balance is due January 1. Payment can be sent directly to the Office of Student Accounts at 155 Miami Street, Tiffin, OH 44883 or through the self-service portal.

2. Tiffin University payment plan Tiffin University offers a tuition payment plan as an interest-free way to break down your education expenses into easy-to-manage installments, rather than one lumpsum payment. Students will be able to arrange their plan after July 1. When choosing a payment plan, you can have up to 10 payments to cover the annual balance, as long as the first payment is made by August 1. If you need more information, please contact the Director of Student Accounts at 1.800.968.6446, ext. 3409.

3. Private Loans Private alternative loans are offered through various financial institutions. Most students will need a creditworthy co-signor to qualify. The co-signor does not need to be a parent. Private loans are credit-based loans in the student’s name. Most of these loans offer deferment of repayment until six months after graduation or until six months after falling below half-time status as a student. When considering this option, please compare repayment options, interest rates and the origination fees of each loan. Students can choose to borrow from any lender that they prefer, but Tiffin University has chosen these lenders because they have great customer service and a great reputation with working with students.

Preferred Lenders: • Citizens Bank • CU Student loans • Discover Student Loans • Educational First Credit Union • PNC Bank • Sallie Mae • SunTrust Bank • Union Federal • WellsFargo Please visit their websites to compare the lenders, their disclosure terms and conditions to determine which one fits your needs. You can also apply and review these terms and conditions on our website or through FastChoice at choice.fastproducts.org/FastChoice/home/312100/1 Once approved, the Financial Aid Office is notified of the approval and the amount. Most of these funds will be received by the School electronically. * If you will be attending TU in both the fall and spring semesters, please apply for a loan in the amount you would like for the entire academic year (we will split that amount evenly between fall and spring semesters). Please remember to accept your Federal Direct Loans before you decide on an alternative loan.

4. Federal Parent PLUS Loan The Federal Direct PLUS (Parent Loan for Undergraduate Students) is a federal loan available to parents of dependent undergraduate students enrolled at least half time. If a parent is approved, the parent can borrow enough to cover the balance. In this program, parents may borrow up to the full cost of their student’s education, less the amount of any other financial aid received. This loan can be taken only in the parents name and cannot be transferred to student.

FINANCIAL AID OFFICE . 155 Miami Street, Tiffin, OH 44883 . 419.448.3279 . Fax 419.443.5025 . finaid@tiffin.edu . tiffin.edu/finaid

4. Federal Parent PLUS Loan (continued) If a parent applies for and is denied a parent plus loan, the student may qualify for up to an additional $4,000 as a freshman or sophomore and an additional $5,000 as a junior or senior in a regular federal unsubsidized loan. The parent plus loan application can be found at studentloans.gov.

5. On-campus/Off-campus Employment

Tiffin University students can apply for jobs on or off campus to help pay towards a balance. Students can also work during breaks in a semester and during the summer to help pay toward their account.

6. Scholarship Opportunities You should also research scholarship opportunities through local organizations in your community. These may include public libraries, service organizations such as Rotary or VFW, employers and religious organizations. Check with your city or county for scholarships, guidance counselors and the websites fastweb.com, collegeboard.com, finaid.org and facebook.com/TUFinancialAid.

7. Ways to save There are many opportunities to save money on college expenses: • If you are living on campus, choose the most affordable option. • Order your books used or rent them online. Popular sites include chegg.com, ebay.com and bkstr.com/ tiffinstore. • Make sure all of your financial aid documents are completed and you have either paid the balance, set up a payment plan and are up-to-date on payments, completed a parent plus loan, or completed an alternative loan by August 1. • Don’t drop classes – you could end up having to pay to take them again in the future.

8. Meet the Financial Aid Team Andrea Faber, Director faberad@tiffin.edu Beth Leary, Counselor for students with last names that start with A and R-Z learybl@tiffin.edu Krista Swanagan, Counselor for students with last names that start with B-C and athletic scholarships swanagank@tiffin.edu Diane Vassalle, Counselor for students with last names that start with D-K vassalledt@tiffin.edu Tangi Ritchie, Assistant Director for students with last names that start L-Q ritchiet@tiffin.edu

FEDERAL DIRECT LOANS studentloans.gov

YOU MUST COMPLETE THESE TWO ITEMS IN ORDER TO RECEIVE YOUR FEDERAL DIRECT LOANS: Federal Direct Loan Master Promissory Note at studentloans.gov

Federal Direct Loan Entrance Counseling at studentloans.gov

What is a Master Promissory Note (MPN)? A MPN is a legally binding contract that you sign, agreeing to repay the loan money you borrow. The MPN describes your rights and responsibilities as a student loan borrower.

What is Entrance Counseling? Entrance counseling is an online tutorial and quiz session to educate first-time borrowers, and takes roughly 25 minutes to complete. Returning students do not need to complete entrance counseling if they have borrowed a Federal Direct Loan in prior academic years.

Tiffin University participates in the Federal Direct Loan programs, which means all students receiving aid from this loan must complete a Master Promissory Note. Once you sign the MPN, a new MPN will not be required for any new Federal Loans for ten years. Items you will need to help you complete your MPN: 1. 2. 3. 4.

Student’s social security number Federal Student Aid user ID & password Driver’s license number N ames and contact information for two references 5. Student’s date of birth

Items you will need to complete your entrance counseling: 1. Student’s social security number 2. Your Federal Student Aid user ID & password 3. School name **Your MPN and entrance counseling must be completed before your loan will disburse to your student account.

studentloans.gov

FEDERAL DIRECT PARENT PLUS LOANS

Federal Direct PLUS Loans are a credit based loan available to parents of dependent undergraduate students or graduate professional students. The credit check on the PLUS loan is only valid for 180 days. Please submit the PLUS application after May 15th. Learn more about federal student loans at studentaid.gov/loans. What are the eligibility requirements for a parent to get a Direct PLUS Loan?

5. Follow the steps to complete the application and credit check (credit check results are valid for 180 days only).

• You must be the biological or adoptive parent (or, in some cases, the stepparent) of the student for whom you are borrowing.

6. The results of your credit check will be available immediately. If your credit is approved, you will be given instructions for completing a PLUS loan Master Promissory Note. If your credit is not approved, you will have the option to (1) not pursue the loan,* (2) obtain an endorser or (3) appeal the credit decision.

• Your child must be a dependent undergraduate student who is enrolled at least half-time at a school that participates in the Direct Loan Program. • You cannot have an adverse credit history (a credit check will be done). • In addition, you and your child must be U.S. citizens or eligible noncitizens (see StudentAid.gov/noncitizen), not be in default on any federal education loans, not owe an overpayment on a federal education grant and meet other general eligibility requirements for the federal student aid programs.

How to apply for a Parent Plus Loan: 1. The student must submit a Free Application for Federal Student Aid (FAFSA) at fafsa.ed.gov. 2. The parent borrower must complete an online PLUS Loan application at studentloans.gov. 3. To sign in, the parent borrower will need: • A Federal Student Aid ID (FSA ID) and password. To create your Federal Student Aid ID and password go to fsaid.ed.gov. 4. Select APPLY FOR A DIRECT PLUS LOAN on the home page and choose Direct PLUS Loan for Parent.

*If the credit check is declined and the parent borrower wishes

not to pursue the loan, the student is eligible for an additional unsubsidized loan. This additional unsubsidized loan will be awarded to the student and a new award letter will be sent to the student for acceptance. The additional unsubsidized amounts for freshmen and sophomores will be $4,000 and juniors and seniors will be $5,000.

7. If the PLUS loan is approved, you must complete a Parent PLUS Loan Master Promissory Note. • Click on COMPLETE LOAN AGREEMENT (MASTER PROMISSORY NOTE) from the home page, in the center of the page. • Choose PLUS MPN FOR PARENTS and click on the START button to begin. Make sure your name (the parents’ name) is at the top of the page as the borrower. The Department of Education will send notification to Tiffin University once the application and master promissory note have been completed and accepted. QUESTIONS: Please contact the Office of Financial Aid at 419.448.3279 or by email at finaid@tiffin.edu, or contact Federal Direct Loan Borrowing Services at 800.557.7394.

ACCEPTING YOUR FINANCIAL AID Instructions to view and respond to your award letter: 1. Go to: https://finaid.tiffin.edu, Tiffin University’s Online Financial Aid System. 2. Click on “First Time User” to set up your account. If you have already set up your account and can not remember your password, please click on ‘forgot password’ to reset. You may get locked out of your account, if you try unsuccessfully too many times. Then you will need to call or email the Financial Aid Office, to unlock your account. 3. Enter your Student ID number (i.e. P00001234) (referenced in the email/letter notification), complete the questions as prompted to create a password and security questions. Once you have set up your password, re-enter your username and new password and log in. 4. Click on MENU at the top left, and choose “Accept Awards” to respond to your Financial Aid Awards. You will have to agree to the terms and conditions in order to accept/decline your financial aid. Review each award and accept or decline the financial aid offered that is in a PENDING status. Make sure to click on the Submit button in order for you to officially accept/decline your aid. 5. Click on MENU and choose “Required Documents” to review and complete any outstanding items. You can download any missing documents or by clicking on an outstanding document you may be directed to the website in order to complete.

REVOLVING CREDIT AGREEMENT Student No. This Revolving Credit Agreement (“Agreement”), is made by and between student (“Student”), and

, guarantor for Student (“Guarantor”)

residing at

as Debtors, (“Makers”) and Tiffin University, as Creditor (“TU”).

Makers and TU agree as follows: 1. Extension of Credit. TU agrees to extend to Makers credit during the period beginning on the date Makers or Student is accepted by TU and continuing so long as Makers, or Student remains a student of TU, for the payment of fees imposed upon the student by TU for certain goods and all services obtained at or through TU. 2. Promise to Pay. For value received, Makers, promise to pay to TU, for all extensions of credit, charges and interest incurred in accordance with monthly statements from TU. Makers are jointly and severally responsible for performance of the obligations of Agreement including but not limited to any and all costs, fees and expense TU may incur in collection of any amount due to TU from Makers. 3. Credit Limit. TU reserves the right to limit the amount of credit authorized to Makers. Makers shall not incur credit in excess of the amount specifically authorized by TU from time to time. TU reserves the right to refuse to extend credit, for any reason at any time. 4. Payment Schedule. No finance charge will be incurred if the total amount due is paid in full when due. If not so paid, a finance charge will be incurred on the past due balance at a periodic rate not to exceed the maximum amount permitted by law. Payments will be applied as of the date of receipt as follows: first, to previously billed and unpaid finance charges; second, to previously billed and unpaid fees and purchases; and third, to new fees and purchases. The minimum monthly payment shall be the unpaid net charges for the total amount due divided by the number of monthly billing periods remaining in the term of Student’s enrollment as a student at TU. In the event Makers exceed any credit limit as set forth herein, Makers shall pay the minimum payment due on the account plus the amount in excess of the current credit limit. 5. Default. If Makers fail to pay when due any amount payable under this Agreement, TU may immediately exercise any right, power or remedy permitted by law and shall have, in particular, without limiting the generality of the foregoing, the right to declare the entire amount due to be forthwith due and payable, without any presentment, demand, protest or other notice of any kind, all of which are hereby expressly waived by Makers. 6. Waiver. Makers severally waive demand, presentment, notice of dishonor and protest, and consent to any extension or postponement of time of its payment without limit as to the number or period, to the addition of any party, and to the release or discharge of, or suspension of any rights and remedies against, any person who may be liable for the payment under this Agreement. No delay on the part of TU in the exercise of any right or remedy shall operate as a waiver. No single or partial exercise by TU of any right or remedy shall preclude any other future exercise of it or the exercise of any other right or remedy. No waiver or indulgence by TU of any default shall be effective unless in writing and signed by TU, nor shall a waiver on one occasion be construed as a bar to or waiver of that right on any future occasion. 7. Miscellaneous. This Agreement shall be binding on Makers, their successors, assigns, and heirs, and shall inure to the benefit of TU its, heirs, successors and assigns. This Agreement is delivered in the State of Ohio and governed by Ohio law.

Maker (Student) Date

Maker (Obligor of Student) Date ADMISSIONS . 155 Miami Street, Tiffin, OH 44883 . 800.968.6446 . tiffin.edu Tiffin University’s Non-Discrimination Policy and reporting information is available at tiffin.edu/institutionaldiversity/

FEDERAL TITLE IV FINANCIAL AID AUTHORIZATION AGREEMENT

Student Full Name (please print)

Student ID Number or Social Security Number

Title IV funds are federal student aid funds, which are from federal student aid programs administered by the U.S. Department of Education. The U.S. Department of Education regulations only allow schools to use your Federal Student Aid to pay for current academic year institutional charges of tuition, mandatory fees and room and board, unless you have granted permission to apply these funds to non-allowable charge. Title IV funds include direct subsidized/unsubsidized loans, Direct Graduate PLUS Loans, Direct Parent PLUS Loans, Federal Pell Grants, and Federal Supplemental Educational Opportunity Grants (SEOGs). Federal Title IV funds do not include funds from the University, State or other private organizations. Examples of non-allowable charges that you are authorizing your federal financial aid to cover may include but is not limited to prior year charges up to $200, parking fines, bookstore charges, late fees, health insurance. • If you do not sign and return this authorization form, the University must assume that you wish to restrict the use of your financial aid and you would be billed for the non-allowable charges. These charges would be due when billed and must be paid at that time. Your financial aid funds will only cover tuition, mandatory fees and University billed room and board charges. You will be personally responsible for remitting payment for any other charges and fees on your student account. • The authorization is voluntary and remains in effect while you are a student at Tiffin University unless the authorization is rescinded. It may be rescinded by sending a written request to the Office of Student Accounts at Tiffin University, 155 Miami Street, Tiffin, OH 44883. The authorization would be revoked at the time the written request is received. With my signature below, I authorize Tiffin University to apply my federal Title IV financial aid to any and all fees and charges on my student account. I further certify that this authorization when used to apply current financial aid to prior academic year charges up to $200 will not cause me financial hardship. I understand that this authorization will remain in effect as long as I am a student at Tiffin University, unless I rescind the authorization by notifying the Student Accounts Office in writing at 155 Miami Street, Tiffin, OH 44883 of my intention to revoke this authorization.

Student Signature Date

ADMISSIONS . 155 Miami Street, Tiffin, OH 44883 . 800.968.6446 . tiffin.edu Tiffin University’s Non-Discrimination Policy and reporting information is available at tiffin.edu/institutionaldiversity/