Affording MSSM

We are funded directly by a state appropriation, supplemented by Room and Board and other fees collected from each family. Although there is no tuition for Maine residents, all families are responsible for paying Room and Board which has been set at $9,100.00 for the 2017-2018
.

• After being accepted, a non-refundable deposit of $150, which will be credited to your room and board invoice, must be made to reserve your space.
• Initial invoices for enrolled students are issued in July by the Business Office.

There are 3 payment plans available.

1. Pay in full by August 1, 2017.
2. Pay in 10 equal monthly installments. Payments are due on the 1st of the month beginning August 1.
3. Pay ½ on/or before August 1, 2017 and ½ on/or before January 1, 2018.

MSSM accepts electronic fund transfer (ACH) from a checking/savings account, checks or money orders. Checks must be made payable to MSSM. A $ 25.00 fee will be assessed for a returned ACH and checks. Credit card payments are not accepted.

• A $25.00 refundable deposit is required for a keycard*
• A $25.00 refundable deposit is required for a room key*
• A $5.00 refundable deposit is required for mail box key*
• Student must have an appropriate hand-held calculator for mathematics classes
• Various exams (AP, SAT, etc.) have fees
• Personal computers must be configured with a network card and virus protection
• Unless proof of adequate insurance is provided, health insurance must be purchased with entire premium due by August 1, 2017
• MSSM courses for UMPI college credit have a fee

*A deposit is forfeited in the event of loss or destruction. An additional deposit is required to re-issue keys/key cards Deposits will be returned upon receipt of undamaged keys at the end of the year. Once it has been established that a student has lost his/her key and charges have been submitted through the business office, no refunds will be made.”

Your first payment must be made by August 1. The payment will be determined by your choice on the Payment Options Contract. Families not meeting this deadline will not be allowed to register their son/daughter on move in day. Refundable deposits for keys are due with 1st payment. Payments cannot be accepted on move in day.

A $25 late fee will be assessed on payments received after the 15th of each month.

Financial aid at MSSM applies to the Room and Board fee for qualified Maine residents only. Maine families who wish to be considered for financial aid are required to complete a financial aid application with Facts Management. The Facts Grant & Aid assessment process is very similar to the college financial aid process and provides the estimated amount the family should be able to contribute to Room and Board. Facts Management will provide MSSM with a Family Need Report. There is no official deadline for applications but early submission is recommended.

Applications for financial aid may occur at any time; however, MSSM requires verification of data entered via submission of the previous calendar year's tax returns. We recognize the ability to enroll may be based on the decision of a financial aid award. therefore any deadline the Office of Enrollment Management may impose may be extended by contacting us at FinancialAid@MSSM.org. Furthermore, any changes in your finances that may have occurred affecting the estimated family contribution amount may be mitigated by contacting MSSM. This communication should only occur once the application for financial assistance has been completed and verified.

To initiate the process, go online to FACTS

• Create an account or sign in to an existing account
• Select “Begin Application”
• Select “Add School”
• Input Zip Code 04750
• Select “Search”
• Select “Maine School of Science and Mathematics”
• Select “Start Application”

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Maine School of Science and Mathematics

Refund Policy for Student Withdrawals or Early Departures

Current Policy

Students who withdraw from the Maine School of Science and Mathematics prior to the end of the third week of the school year may be due a credit for the unearned portion of the Room and Board (in-state students).

Room and Board (in-state students) and tuition (out-of-state students) for the year is considered fully-earned at the end of the third week of classes. For refund purposes, the school year begins on the first day of class in the year, regardless of the student’s first class day of attendance during week one. The period of time used to calculate the refund is the first day of class in the year to the school’s determination date of official or unofficial withdrawal.

*minus $150 Non-refundable deposit

The MSSM Chief Operating Officer has the authority to make exceptions to this policy when there are extenuating circumstances.

All families are responsible for paying Room and Board. For the 2017-2018 academic year the Room & Board fees are $9,100.00 for all students. Non-resident students must pay for Tuition in addition to Room and Board. The Tuition for 2017-2018 is $32,000. These rates are reviewed by the Board of Trustees in March. There is also a $5,000.00 Non-Resident Student Fee.

Initial invoices for enrolled students are issued in July by the Business Office.

After being accepted, a non-refundable deposit of 10% of the R&B, Tuition & Non Resident Student Fee ($4,610 for the 2017-2018 school year) must be made to reserve your space. The deposit will be credited to your invoice for Room and Board, Tuition and Non-Resident Student Fee.

There are 2 payment plans available.

1. Pay in full by August 1, 2017.
2. Pay ½ on/or before August 1, 2017 and ½ on/or before January 1, 2018.

MSSM accepts electronic fund transfer (ACH) from a checking/savings account, checks or money orders as well as wire transfers. Checks must be made payable to MSSM. A $25.00 fee will be charged for a returned ACH payment and check. Credit card payments are not accepted.

A payment must be made by August 1, 2017. The payment will be determined by your choice on the Payment Options Contract. Refundable deposits for keys are due with 1st payment. Families not meeting this deadline will not be allowed to register their son/daughter on move in day.

*A deposit is forfeited in the event of loss or destruction. An additional deposit is required to reissue keys/key cards. Deposits will be returned upon receipt of undamaged keys at the end of the year. Once it has been established that a student has lost his/her key and charges have been submitted through the business office no refunds will be made.

Payments cannot be accepted on move in day.

A $25 late fee will be assessed on payments received after the 15th of each month.

Current Policy

Students who withdraw from the Maine School of Science and Mathematics prior to the end of the third week of the school year may be due a credit for the unearned portion of the Room and Board comprehensive fee (tuition & nonresident fee) charged.

Room and Board (in-state students) and tuition (out-of-state students) for the year is considered fully-earned at the end of the third week of classes. For refund purposes, the school year begins on the first day of class in the year, regardless of the student’s first class day of attendance during week one. The period of time used to calculate the refund is the first day of class in the year to the school’s determination date of official or unofficial withdrawal.

*minus $4610 Non-refundable deposit

The MSSM Chief Operating Officer has the authority to make exceptions to this policy when there are extenuating circumstances.