Well, a lot of you may be wondering "now what?". I have answers...
In case you thought your summer before you start MIT would be calm and relaxing, there are a lot of things coming "down the pike" (and I don't mean the MassPike) that you need to be aware of: some academic, some financial, some just plain old fun...
So without furtther ado, here is my (absolutely not complete, but everything I could think of) list of items you need to be planning for:
1. If you are a financial aid recipient and you haven't already done this, you need to return your Self Help and Outside Award Reply Form and your Student Information Review Form. We use these forms in the following way: the Self Help form is used to help us match the right loan and work options to your financial aid package (particularly the amount known as "Self Help"), and the Student Information Review form helps us match your MIT scholarship with a donor who may fund part of all of it. The forms are available online; make sure you choose the versions for freshmen for academic year 2007-08.
2. If your parents plan to apply for a loan to help cover your expenses, it's time to start working on their loan applications. Many families use private or Federal financing to help cover the cost of the MIT tuition and fees. Now is the time to get these applications in to your prospective lenders so that they have time to review your applications, prepare loan notes, and get things settled prior to your arrival on campus. There is an innumerable number (is that unnecessarily redundent?) of private loan options available. We have listed the most commonly used loans at MIT here.
3. If you have been awarded a Federal Perkins loan, Federal Stafford Loan or MIT Subsidized Technology Loan, keep looking here for more information on where and when to sign your loan notes. This will be coming by July 1!
Now let's turn to the more academic / computing side of the house. You will soon be receiving a large mailing packet from MIT (which RockStar Ben Jones refers to as the NBM - the Next Big Mailing -- note that Ben's post is from 2005, but much of the information is still valid). This mailing will contain your Kerberos certificate information so that you can set up to access all of the password protected stuff (technical term) you will need to enable your MIT email, your WEBSIS record, your student account bill... all of that jazz! Much of the information in the mailing can be found here and here, so if you want to get an early jump, read away.
While you are browsing these sites, look for information on housing, Freshmen advising, orientation, and just some general preparation. May I be so bold as to suggest, when you are looking at Freshmen advising possibilities, you consider a brand new Freshman Advising Seminar which features two folks you know well as your Advisor and Associate Advisor?
Comments (Closed after 30 days to reduce spam)
Posted by: Awet '11 on May 7, 2007
Posted by: Jazz '11 on May 7, 2007
Thank you for all the information above. I would like to ask you a question. I am a recipient of financial aid from MIT and a month ago I have received an award notification from your office. In that form it is written that "the above financial aid award is tentative pending on receipt of the following items". I sent you those additional items and I thought that after you receive them you will send me a final award notification. Until now I haven't received anything new from your office and decided to ask, are you really going to send me a final award notification?
I am worried about this because I am an international student and I have to present documentations concerning my financial abilities to the ISO (International Students Organization) at MIT along with award notification from you, and I thought that if I send them the form I presently hold they may have questions about the ward "tentative" in it.
Please, answer me as soon as you can because I don't want to be late with sending the documents to the ISO (if I do, I may fail to obtain a US visa :().
Regards,
Tigran
Posted by: Tiks'11 on May 7, 2007
(No need to refer to me in the Mr. form... Daniel is fine with me).
If the only two documents missing on your award letter were the Student Information Review Form and the Self Help and Outside Award Reply Form, then no worries. The ISO (international student's office) is savvy enough to know that award letters which say "tentative" and are missing only these two documents are in fact not "tentative" at all.
If any other document is missing, we must receive this document before confirming your award.
We will be sending new award letters out indicating that they are final, but probably not until closer to July 1 (at this point, our attention turns to upperclass and graduate financial aid applications).
Posted by: Daniel T. Barkowitz on May 7, 2007
My question, then, is if I receive outside scholarships, what part of my package will be reduced? Is there any reason to be applying for scholarships if they will just reduce the package I have already received?
Posted by: Kari on May 7, 2007
Posted by: John on May 7, 2007
Posted by: Kai Cao on May 8, 2007
John, The packets are being worked on now, according to my colleagues in the Admissions and UAAP offices. They should be forthcoming in a week or so I think!
Kai, no not too late! But get cracking!
Posted by: Daniel T. Barkowitz on May 8, 2007
I received a large grant plus work study. I was just saying I don't feel the need to reduce my work-study offer, and I don't want to waste my time applying for scholarships if all they will do is reduce my grants.
thanks a lot.
Posted by: Kari on May 8, 2007
This is what I want:
I want to be able to use my scholarship money to fill the gap between what I was awarded and the total cost of tuition.
This is what I don't want:
I don't want to work really hard on scholarship applications only to find out that all the money I win just reduces the grant that I already had received from MIT.
Posted by: Kari on May 8, 2007
Just to be clear: when we receive an outside award, the first thing we reduce is your self-help portion of your award. Next we reduce your student contribution. Then (and only then) do we reduce your MIT scholarship. Only after all of your aid has been reduced would we reduce the parent contribution.
Posted by: Daniel T. Barkowitz on May 8, 2007
Posted by: Kai on May 9, 2007
Posted by: David on May 11, 2007
Posted by: elena on May 11, 2007
Posted by: elena on May 11, 2007
Posted by: praveenkumar on May 14, 2007
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