1 Financial Aid Jacobs University Bremen Online Application Information A university education is a major investment of time and financial resources that involves many partners you, your family, government or private funding sources, and Jacobs University Bremen. Please submit the financial aid application online to the Office of Student Financial Services. You can find more information on how to fill out the online form at the following website: The deadlines to submit the financial aid application are one month after the admission deadlines for a respective round or by June 15 for rolling admission applicants. If you are not admitted to Jacobs University, your financial aid application will be destroyed at the end of the admission cycle. Once you have been admitted to Jacobs University Bremen, your financial aid application will be reviewed. Financial aid packages may consist of: expected family contribution, scholarships, grants, and tuition postponements. There is a limited number of highly competitive campus jobs available which may provide additional funding. Our assessment of your financial need will be based on the information that you provide. Therefore, the accurate and timely completion of the Jacobs University Financial Aid Application is essential if you want to be considered for financial aid. In addition to your online application, you need to submit the following supporting documents: 1.) Declaration and Signature page (attached) 2.) Sibling s Enrollment Verification (if applicable; attached) 3.) Bank Statement confirming that a minimum of EUR are at your disposal for the first semester 4.) Your parents most recent tax statements 5.) Your parents most recent pay slips or a letter of employment 6.) Additional documents might be required depending on your individual situation All photocopied documents must be certified and accompanied by official translations into either English or German. We will not accept simple copies of any documents. Without the supporting documents, your financial aid application cannot be processed. In addition, the Financial Aid Office reserves the right to request additional information to verify the figures you listed. Please send all required documents to: Jacobs University Bremen Student Financial Services Campus Ring 1 D Bremen Germany Please ensure that you write Financial Aid Application and your name on the outside of the envelope. You may want to send scanned copies of your documents in advance to accelerate processing. However, we reserve the right to request the original documents once financial aid is released. Take some extra time to double check the information you are submitting. If your application is incomplete, processing will be delayed. Access to financial aid applications is limited to financial aid staff. FINANCIAL AID DEADLINES Early Decision / Transfer Students: December 1 Early Action: January 1 Early Action II: March 1 Rolling Admission: June 15 Online Application Instructions SECTIONs Student Information, Family Information and Education Information are completed through the admissions application. You cannot change any information in these sections. SECTION Family Financial Resources Currency When completing Sections Family Financial Resources and Student Financial Resources, please use the same currency as is used on your supporting documents. Income Please include all income from all types of sources (taxable and non-taxable). There are a number of examples listed on the financial aid form, but this list cannot be considered exhaustive. SECTION Student Financial Resources If you are single and have not been employed, please disregard the Annual Income and Annual Expenses sections and complete just the Assets & Liabilities section. Then include your expenses in Section III, Your Family s Financial Resources. If you are married, please complete this section and include your spouse s income, expenses, assets, and liabilities. SECTION Educational Support Please list how much funding you are able to contribute each year to your Jacobs University tuition, room and board. The amount listed should not include any additional costs that you will incur. Please take the time to study the Estimated Student Budget before determining how much funding you will be able to provide to your Jacobs University tuition, room and board expenses. CHECKLIST: Did you complete all the items applicable to you? Did you include certified copies of all necessary documentation? (tax statements, pay slips, letters of employment, bank statement) Did you enclose English or German translations of your documents? If you have unusual or exceptional circumstances, did you enclose a letter outlining the details? Did you and your parents sign the Declaration and Signatures Page and send it? Did you print a copy before submitting the form?
2 Declaration and Signatures DECLARATION I declare that: the information on the submitted online financial aid application form is accurate, true and complete. I agree: a) to notify Student Financial Services in writing if I change my address, marital or financial status, or if my parents, guardian s, sponsor s, or spouse s address or financial status changes. b) that all Student Financial Services records (records include: balance and fee information, financial aid award information, satisfactory academic progress standing and loan status) may be forwarded to my parents and/or legal guardians. Name of Parent(s): I understand that: a) my financial aid application and supporting documentation cannot be returned to me. b) if I am not admitted, my financial aid application will be destroyed at the end of the admission cycle. c) the information I have provided will be verified and audited. d) any omissions or inaccurate information could jeopardize my admission at Jacobs University Bremen and entitle Jacobs University Bremen to claim the repayment of all financial aid provided. e) the information supplied in this application will be stored in Jacobs University Bremen s financial aid database and the information will be used for determining financial need. f) I may be denied financial assistance if: I make a false or misleading statement in this application or I do not comply with a request from Student Financial Services to provide information or documents so that the information in this application may be verified. SIGNATURES Student s Name (please print): Student s Signature I/We declare that we will be responsible for all expenses, as indicated in the Estimated Student Budget attached, of our daughter/son/spouse during her/his studies at Jacobs University Bremen. I/We declare that the information we have provided on the online financial aid application is accurate, true, and complete. Parent s Signature Parent s Signature Spouse s Signature Please upload your signed form to your online financial aid application AND send it in addition by regular mail to: Jacobs University Bremen, Student Financial Services, P.O. Box , Bremen, Germany
3 Cost of Attendance Academic Year 2015/2016 Direct / Billed Charges* Tuition** Room & Board University Fee 120 Semester Tickets 312 Broadcasting Fee 54 Enrollment Deposit (one time only) 500 Total Indirect Estimated Expenses* Residence Permit 100 Health Insurance 945 Total *All fees are subject to change and this information sheet should be considered a guide only. ** Medical Natural Sciences = tuition only and Medical Preparatory Program = tuition, room and board Your direct charges for tuition, room and board may be highly reduced by a Jacobs University scholarship and/or by our financial aid program. Apply now! Before you arrive, please ensure you have sufficient funds for all costs that exceed any financial aid package you may have. These costs include but are not limited to the stated indirect estimated expenses and of course, the amount anyone spends depends greatly on his or her own personal situation and individual choices. Tuition for one academic year Room & Board covers the cost for your college room, basic utility expenses like heating, water, electricity, internet access, plus three meals per day for nine months (September to May) University Fee for campus activities, graduation, etc. Semester Ticket allows you to travel on local public transportation at no additional cost for the entire year (including local trains to neighboring cities like Hannover, Hamburg, Osnabrück, and Oldenburg) Broadcasting Fee this fee is mandatory for all residents of Germany and covers the cost of public television and radio broadcastings Enrollment Deposit in order to confirm your acceptance of our offer of admission, you must pay a one-time enrollment deposit of 500 Residence Permit required of all non-german students studying in Germany Health Insurance required of all students! You may be able to find less expensive health insurance from home, but you need to make sure that the insurance will cover all applicable costs in Germany. You also need verification of your health insurance in order to register.
4 Jacobs University Bremen ggmbh Student Financial Services Campus Ring 1 D Bremen Phone: Fax: Sibling s College/University Enrollment Verification In your financial aid application for the 2015/2016 academic year, you indicated that one or more of your siblings are also attending college. This information needs to be verified. Please fill out section I. and II. of this form. Section III. must be filled out by the Financial Aid Office at your sibling s college/university and returned to our office. Note: Please complete a separate form for each sibling enrolled in college/university. ************************************************************************************************************************ Section I. Jacobs University Applicant Information Name: Matriculation Number (if applicable): Section II. Sibling s Information I hereby authorize (name of sibling s institution) to release the information requested below to Jacobs University to verify my college/university enrollment and financial aid status. Sibling s Name: Date of Birth: Sibling s Signature: Date: ************************************************************************************************************************ Section III. College/University Certification Expected date of Graduation: (month/year) / Enrollment Status: full time undergraduate half time graduate not enrolled Costs and Financial Aid for the current Academic Year: Tuition & Fees Room & Board Total Cost of Attendance Grant Scholarship Student Loan Other Aid Authorized Personnel: Signature: Title: Date: College/University Stamp: Please return this form to the above address or fax to +49 (0)
5 Applicant s Full Name and DOB: Financial Aid Application - Required supporting documents Please send all documents which apply to you. Please check them off on the checklist below and attach the list to your documents. Declaration and Signatures Page* Bank statement confirming that a minimum of EUR are at your disposal for the first semester* Sibling s Enrollment Verification (if siblings are enrolled at a college or university at the same time as the applicant) If your parents are employed: AND Your parents most recent tax returns Your parents most recent pay slips or a letter of employment confirming your parents income for the previous 12 months or the previous calendar year In case of self employment or company ownership: Business documents (balance sheet or business/corporate tax return) Other type of income: Rental income statement (contract or appendixes attached to tax return) In case of a lay-off or pre-retirement: did parent(s) receive a severance package from the employer? Unemployment verification and confirmation of unemployment benefits received Worker s compensation due to job-related illness or injuries Child support due to divorce, separation or legal requirement Retirement benefits All documents need to be certified and officially translated into either English or German. We cannot accept simple, faxed or scanned copies of any documents. * required from all applicants Please send this form and all supporting documents to: Jacobs University Bremen, Student Financial Services, P.O. Box , Bremen, Germany
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