1 Applying for Financial Aid Academic Year Sean Martin Director of Financial Aid Services Telephone:
2 Where do I start? Visit college websites for: application requirements and DEADLINES Net Price Calculator On the College s website to help you determine your estimated expected family contribution (EFC) Each calculator is unique to that college s awarding policies. Outcome is a ball park -- not an offer admission or financial aid.
3 NET PRICE CALCULATOR TIPS Carefully read all instructions and pop ups. If necessary, try to guesstimate income as close as possible. OK to use calculator more than once. Don t forget untaxed income What to do if parents are divorced -- Combine income but results will not be completely accurate. Be careful what assets you put in the calculator.
4 What goes into paying for Education? Family s ability to pay Federal and State government funding College endowment size and awarding policies Outside scholarships i.e. from the community Does the college offer merit or athletic scholarships? Were the financial aid applications and supporting documentation submitted by the deadline date?
5 Definition of Financial Need Cost of Attendance LESS Expected family contribution (EFC) LESS Other financial assistance EQUALS Financial need
6 Cost of Attendance Ø Tuition Ø Room & Board Ø Books & Class Supplies Ø Transportation Ø Miscellaneous and Personal Expenses (i.e. purchase of a computer, sometimes health insurance fee, dorm room items needed)
7 Comparison of Need by Cost (Assumes full-time enrollment) 4 Year Private 4 Year Public 2 Year Public Cost of Educa,on $60,000 $25,000 $ 7,000 Expected Family Contribu,on (EFC) $10,000 $10,000 $10,000 Need $50,000 $15,000 0
8 Meeting the Full Need or Gapping College A B Cost of Education $60,000 $60,000 Expected Family Contribution (EFC) $ 10,000 $ 10,000 Need $50,000 $50,000 Aid Awarded $50,000 $35,000 Unmet Need 0 $15,000 Add this to EFC!
9 Family Contribution Components q Parent(s) 2015 income q Student s 2015 income q Parent s assets value at the time of the application Ø Exclude retirement account balance or primary residence home equity Ø Include trusts, equity value of investment properties, business net worth Ø Include 529 plans set up by parents (not UGMA/UTMA* accounts) q Student s assets value at the time of the application Ø Include trusts, if student is beneficiary and UGMA/UTMA* accounts Ø 529 plans set up by someone other than a parent q # of household members: must provide at least 50% support q # of dependents attending college (at least half-time) *UGMA/UTMA: uniform gifts to minors act/uniform transfers to minors act where the student owns the account but the parent is the custodian or administrator of the account
10 Untaxed Income Where do I find these? FROM THE FEDERAL INCOME TAX RETURN, FORM 1040 Education Credits (1040, line 50) Health Savings Account deduction (1040, line 25) Tax Exempt Interest (1040, line 8b) Untaxed portions of Pension/Annuity withdrawals (1040, line 16a 16b) Untaxed portions of Retirement account withdrawals (1040, line15a 15b) Untaxed portion of Social Security benefits (1040, line 20a 20b) IRA or SEP/SIMPLE/Qualified Plan contributions (1040, line 28 & 32) Earned Income Credit (1040, line 66a), possibly Additional Child Tax Credit (1040, line 67), possibly Maybe: depreciation from 1040, Schedule C, E or Business Income Tax Return
11 Untaxed Income Where do I find these? ADDITIONAL ITEMS NOT FOUND ON THE FEDERAL INCOME TAX RETURN, FORM 1040 Child Support Received (not on 1040) Military/Clergy* housing allowance benefit (not on 1040) Pension contributions (W2 box 12 D, E, F, G, H & S) Make sure you don t put untaxed income /assets in multiple places because it looks like extra income/assets! (i.e. retirement funds in retirement balances and in investment balances) *This includes any employer paid housing; i.e. school employees required to live on campus and not charged for that housing.
12 Federal Aid Eligibility Determined Using the FAFSA (Free Application for Federal Student Aid) q FAFSA available 01/01/2016 on q Must be a U.S. Citizen or an Eligible Non-Citizen q Formula determined by Congress q EXCLUDE: q Home Equity in your primary residence q Information about the noncustodial parent q Custodial parent and stepparent incomes are included q Parent contribution is divided by the # in college q parents in college are NOT included in this number q Must be a dependent enrolled at least half time in undergraduate or graduate studies q Unmarried but living together/same sex marriages: Income from both partners is used. q One parent & the student must create a user name and password for the FAFSA at
14 Helpful Tips When Completing the FAFSA q Print out the FAFSA on the Web Worksheet q Use your 2015 federal tax return and W2 statements. q You can also use your 2014 federal tax return IF income will be similar to Be careful! q Can use estimates in order to meet application deadline. q State of Connecticut deadline: 2/15/2016 q College Goal Sunday for help with the FAFSA January 31, 2016, 1:30-4:30 (There are some Saturday sites too.)
15 Helpful Tips When Completing the FAFSA Make sure you use your LEGAL NAME (cross checked w/ SSA) Parents and students must provide their SSNs and DOB if a parent does not have a SSN, enter zeros. When reporting assets, in addition to savings/checking and liquid (non retirement) investments, remember to include: Ø Investment (non primary residence) real estate property equity (value minus mortgage) Ø If renting out a portion of primary residence, include that % only. Ø % of ownership in legal trusts (Remember wills are not trusts.) Ø 529 College Savings Plans: Ø in parent s name -- include in parent s investment balances. Ø in name of other than parent include in student s investments. Ø Business/investment farm net worth (value minus debt) Ø not if more than 50% family owned and with less than 100 employees
16 Changing the FAFSA You can update the FAFSA for the following: adding a college updating income i.e. after income tax return is filed correcting errors It is recommended (and may be required) to use the IRS Data Retrieval tool on the FAFSA to update your income if you filed a federal income tax return.
17 CSS Profile (not used by all schools) determines Institutional Grant Eligibility Ø CSS Profile: on College Board website cost: $25 + $16 for every additional school listed Ø College Board website has a list of those schools that use the CSS Profile Ø Completed using custodial parent and student information Ø The non-custodial parent information required Ø By completing the Non Custodial Parent Statement on College Board website Ø Items that may be included: Ø Primary residence equity Ø Losses on federal income tax return or depreciation associated with a business or investment property may be added back Ø Parent contribution might not be divided equally for # in college: Ø no allowance for dependents in graduate school Ø reduced allowance for a lower cost institution (i.e. community college) Ø Reduced or no allowance for siblings receiving substantial merit/athletic aid Ø Minimum student contribution: anywhere from $1,000 to $2,200
19 CSS Profile Tips In addition to the assets reported on the FAFSA, you will also be required to report: Primary Residence Equity (value minus mortgage balance) (not necessarily used in formula) Value of your retirement accounts (although not used in formula) Business net worth (value minus debt) Also, use the comment section to relay special circumstances --i.e. a loss of income, one time income or unusual expenses.
20 CSS Profile Tips Once the Profile has been submitted, you will not be able to make corrections. So be careful! Contact your school for instructions. Many colleges participate in the College Board s IDOC document imaging service. You send your federal income tax returns, W2 forms, income statements and other required documents to IDOC Participating colleges listed on your profile can then access the docs electronically. Saves you multiple copying /mailing time and expense.
21 Remember! Ø Grants/Scholarships do not have to be repaid Ø unless a student withdraws during a term. Ø May be considered taxable income -- any amount of grants/scholarships over the cost of tuition and books. Ø Student loans must be repaid. Ø Additional online requirements must be completed. Ø Federal Work Study provides income from a campus job Ø This does not go toward the tuition bill. Ø This is paid to the student in the form of a paycheck or direct deposit.
22 Sources of Need Based Aid Federal Grants q Federal Pell Grant up to $5,775 q Federal SEOG Grant up to $4,000 q Federal TEACH Grant up to $4,000 q Funding for has not yet been determined. for detailed information about these programs.
23 Sources of Need Based Aid Federal Student Loans and Workstudy q Federal Perkin Loans up to $5,500 q Interest rate is 5% fixed, no origination fees q Program was cancelled by US Congress as of 9/30/2015. Stay tuned for updates. q Federal Direct Loan dependent student levels (online requirements apply) Ø 1 st year = up to $5,500 ($3,500 maximum subsidized) Ø 2 nd year = up to $6,500 ($4,500 maximum subsidized) Ø 3 rd -5 th year = up to $7,500 ($5,500 maximum subsidized) Ø Current interest rates/fees Ø 4.29% interest rate Ø 1.068% origination fee Ø For more information go to: q Federal workstudy limits usually between $1,400-2,500.
24 Sources of Need Based Aid State Grants q For CT residents attending a college in CT Ø Ø Ranges from $2,000 or $4,000 (approx.) FUNDING NOT DETERMINED FOR YET Ø Governor s Scholarship Program: Ø FAFSA required must file by February 15, 2016 Ø Need based: EFC less than $11,000 Ø Merit based: Class rank: top 20%, testing scores of at least 1800 or higher for SAT or 27 or higher for ACT
25 Sources of Institutional Grants and Outside Resources q Institutional Grants/Scholarships come from the college s endowment funds. q Outside Resources such as: Ø Employee Tuition Benefit Ø Contributions from relatives Ø National Merit, Rotary, Lions Club etc. Scholarships Ø Use High school guidance office as a resource Ø Ask companies that are in the field of your major Ø Search:
26 Student Federal Aid Eligibility Requirements U.S. Citizen or Eligible non-citizen Additional documentation may be needed to prove eligibility. Males, 18 and older, must register for Selective Service; Have a valid social security number; Must be enrolled, full time, in an eligible degree or certificate program; Must have a high school diploma or an equivalent (i.e. if home schooled); While enrolled in college, must make satisfactory academic progress (including # of credits and GPA).
27 What is the Federal Definition of a Parent? If your parents are divorced or separated, answer the FAFSA questions about the parent you lived with more during the past 12 months. If you did not live with one parent more than the other, give answers about the parent who provided more financial support during the past 12 months. Parents who are together but unmarried or same sex marriages: the incomes will need to be combined for FAFSA filing purposes.
28 What is the Federal Definition of a Parent? If your parent has remarried, you must include information about the stepparent on the FAFSA. The following people are not your parents unless they have adopted you: grandparents, foster parents, legal guardians, older brothers or sisters, or uncles or aunts Other unrelated persons that you may be living with.
29 What if parent information is not available? If (among a few other reasons) the student has no contact with the parent(s) and does not know where they are and the student has not been adopted by someone else or the student has left home due to an abusive situation or can be considered an unaccompanied youth / homeless, then the College will ask you to provide: third party documentation to verify your living situation from: i.e. an attorney, court officer, social worker. Some colleges also require that you complete their own waiver form in addition to submitting the 3 rd party docs.
30 Sample Financial Aid Award Tuition & Fees $45,000 Room & Board 13,000 Expected Family Contribution (EFC): $4000 Books & Supplies 1,000 Miscellaneous 500 Transportation 500 Total Cost $60,000 Federal Pell Grant $ 2,500 Federal Supplemental Educational Opp. Grant $ 2,500 Connecticut Governor s Scholarship Grant $ 2,500 College Grant $ 41,600 Federal Direct Subsidized Student Loan $ 3,500 Federal Direct Unsubsidized Student Loan $ 2,000 Federal Work Study $ 1,400 Other options: Parent Payment Plan Parent PLUS loan Private alternative loan
31 What if my family contribution seems unreasonable? Compare aid awards from similar colleges. If the family contribution is significantly different: Ask how the contribution was determined Ø Is there a contribution expected from the non-custodial parent? Ø Were losses reported on the tax return added back? Ø What is the minimum student contribution? Ø How were number of family members in college treated? Ø Was home equity included in the analysis? Has there been a change in family dynamics since the FAFSA was filed re: # in college, income, expenses? If you have special circumstances, request procedures for an Appeal or Review and ask what the deadline is.
32 Aid Award in Subsequent Years The Four Year Plan q Most Colleges make you apply every year for financial aid. q But ask: Is this award for just this year? q Loan amounts increase as the student advances to the next grade level (causing grants to decrease). q Increases/decreases in the family income and/or assets will cause the family contribution to increase/decrease. q If the number of dependents enrolled in college changes, the family contribution will change. q Remember that only for federal purpose is a sibling attending graduate school included in number in college q If the number in family changes, the family contribution will change. q Federal and state funding levels change from year to year
33 How do I pay the rest of the bill? q Withdrawals from Savings / Investments / 529 Plans q The College s Installment Payment Plan (not a loan) q Home Equity loans, 401K loans, Stock loans q Alternative Student Loans through private lenders (i.e. banks, credit unions, state institutions and national student loan lenders) q Federal PLUS program (Parent Loan for Undergraduate Student) q Apply for other outside scholarships q Check with your financial planner or CPA for other options open to you specifically.
34 Federal PLUS Program q PLUS = Parent loan to undergraduate student (student must be a dependent) q offered by the Department of Education to custodial and non custodial parents q Annual loan limit: cost of attendance minus other aid q Fixed interest rate 6.84%, Loan origination fees 4.272% q Repayment begins 60 days after the full loan is disbursed. q Can defer payments (interest will still accrue) while student is enrolled at least half-time.
35 Resources High School Guidance Office Financial Aid Offices College s Websites
36 Thank you for your attention. What questions can I answer for you? Good Luck in your College journey!
Applying for Financial Aid 2016-2017 Academic Year Erica Cummins Associate Director of Financial Aid Services Telephone: 860-439-2058 E-Mail: email@example.com Where do I start? Visit college websites
Financial Aid 101 What You Need to Know About the College Financial Aid Process Presented by Jack Zegeer Northern Virginia Community College Topics Why is college important? What is Financial Aid? What
FINANCIAL AID The Basics and then some Presented by: Bonnie Lee Behm Director of Financial Assistance Villanova University Before we start. Begin with a positive attitude Involve your child in the admission
Mike Johnson, Director of Financial Aid Pacific University Community Colleges $ 4,200 tuition, $16,000 total Public Colleges and Universities $ 8,300 tuition, $22,800 total Private Colleges and Universities
Financial Aid: What You Need to Know South High School December 15, 2014 Sandy Sundstrom St. Olaf College Agenda General Overview and Philosophy of Financial Aid Family Contribution Financial Need Types
Financial Aid: What You Need to Know Presented by: Michelle Anderson Associate Vice President for Enrollment Washington & Jefferson College Presentation Topics What is financial aid? Financial need calculation
#$%& Trends Costs How Colleges Determine Aid Awards Forms Award Letters Appeals What s Next? Percent Changes In CPI 2003-2013 100 80 60 40 20 How Fast Has College Tuition Grown? 22.8 5.6 6 0 Women s Men
Financial Aid Tips Applying for and Receiving College Assistance What is Financial Aid? Financial aid is money intended to help students pay for their educational expenses. Typically, aid packages contain
The SAMFund Presents: Going Back to School Post-Cancer: The Pros, Cons and Hows Sherri Avery Director of Financial Aid and Student Employment Brandeis University firstname.lastname@example.org Agenda Pros and cons
Filling Out the FAFSA Free Application for Federal Student Aid The Path to Financial Aid Starts Here FAFSA What s Inside? Federal student aid is provided by the U.S. government to help you pay for college.
JESUIT HIGH SCHOOL COLLEGE FINANCIAL AID NIGHT PRESENTED BY UNIVERSITY OF PORTLAND S OFFICE OF FINANCIAL AID RUSSELL SEIDELMAN MOLLY WALSH NOVEMBER 19, 2015 HOW WILL I PAY FOR IT? Family support Grants
Financial Aid 101 What You Need To Know About Financial Aid Jevita Rogers, Director, UCCS Financial Aid Branden Williams, Counselor, UCCS Financial Aid All information in this presentation is general and
Student Financial Services: Understanding Financial Aid Employee Financial Aid Night 2011 Overview What is Financial Aid? Free Application for Federal Student Aid (FAFSA) CSS PROFILE How do colleges give
Financing Your Education What is financial aid? Where does it come from? What aid is available? Who is eligible? How do I apply? What is Financial Aid? Grants Money that does not have to be paid back Loans
CHRISTENDOM COLLEGE Financial Aid Application for Academic Year 2015-16 Financial Aid Office 134 Christendom Drive Front Royal, Virginia 22630 800.877.5456 ~ email@example.com www.christendom.edu The
Financial Aid High School Presentation New Jersey Higher Education Student Assistance Authority 2013/2014 Award Year The Mission The Higher Education Student Assistance Authority is the only State agency
APPLYING FOR FINANCIAL ASSISTANCE The Office of Financial Aid is dedicated to responding to the needs of our students. We are committed to assisting our students achieve their educational goals by providing
AGENDA Costs Types of Aid Tips for Being a Wise Consumer How Need Based Aid is Calculated Forms Award Letters Rules for Survival 1 Prices Before Financial Aid University of CT Resident University of RI
The Financial Aid Application Process and Frequently Asked Questions Step 1 - To apply for financial aid, a student must complete the Free Application for Federal Student Aid (FAFSA) each year. Students
What is Financial Aid What is Financial Aid Provides access to postsecondary education. Helps pay expenses such as tuition and fees, room and board, books and supplies, and transportation. Cost of Attendance
Financial Aid Overview ww.fafsa.ed.gov Presented by: Dorothy Nacita Santa Ana College Financial Aid Office Financial Aid Myths Students with highest GPAs get all the aid Not in full time, won t qualify
College Financial Aid 101 The information contained in this presentation is subject to change and does not constitute legal advice. Always consult a financial planner or a tax advisor for detailed information.
Crystal Bonds, Principal HSMSE FINANCIAL AID PRESENTATION Presented by: Wade A. Klein HSMSE Director of College Services & School Counselor Overview Overview of the Financial Aid Process Steps to Submitting
College Financial Aid Night M O R G A N A. K E L L Y D I R E C T O R, S T U D E N T F I N A N C I A L A S S I S T A N C E S A C R E D H E A R T U N I V E R S I T Y Tonight s Agenda Sources and Types of
Financial Aid 38 - Financial Aid The West Shore Community College Financial Aid Office encourages all students to apply for financial aid and will assist all students with the process of applying for financial
A Guide to Financial Aid 2016-17 The bottom line and how to pay for it. The Financial Aid Basics We re glad you are interested in attending Anderson University. Perhaps you have already received your acceptance
Funding Your Education Wisely Taking A Closer Look at the Various Types of Aid and the Financial Aid Process Discussion Topics! Financial Aid Overview ª Types and sources of aid ª Federal and state programs
Ohio Wesleyan University High School Financial Aid Presentation November 5 th, 2015 Contact Us for Help Your best source for FREE financial aid information and assistance Assist students with the application
FAFSA (Free Application for Federal Student Aid) Financial Aid 101 UNDERSTANDING THE BASICS Electronic Application developed by US Dept. Education o Application can be found at www.fafsa.ed.gov Evaluates
What types of financial aid are available and in what order are they awarded? 1. Scholarships and Fee Waivers 2. Grants 3. Work-Study 4. Student Loans: Subsidized, Unsubsidized, Perkins, Parent PLUS How
FINANCIAL AID NIGHT 2015 2016 1 Understanding the College and Financial Aid Application Process Be patient, thorough, and organized as you go through the college admission and financial aid application
Financial Aid 101 Seminole State College How Can I Apply for Financial Aid? Complete a FAFSA (Free Application for Federal Student Aid) each school year in summer before fall starts (www.fafsa.ed.gov or
Financial Aid Basics Leslie Limper Director of Financial Aid Reed College Tonight s Agenda Overview of The Financial Aid Process How do I apply? What is financial need? Cost of Attendance (COA) The Expected
An Introduction to Financial Aid Colby McCarthy University Director of Financial Assistance Drew University Madison, NJ firstname.lastname@example.org What We Will Discuss Applying for Financial Aid FAFSA How, Where,
Presented by: Hayato Suzuki Director of Financial Aid Types and sources of aid When and how to apply Completing the FAFSA How to recognize and avoid scams Other college financing options Determine financial
Financial Aid High School Presentation Presented by: Wil Casaine, Executive Director of Financial Aid, Tutoring & The Center for Student Success at The College of New Jersey For The New Jersey Higher Education
FINANCIAL AID 101 Kristen Isaksen Associate Director of Financial Aid Monmouth University What is Financial Aid? Financial aid is money that helps a student pay for education expenses at a postsecondary
Financial Aid Workshop Vicki Hendrickson, Director The University of Tulsa Vicki-Hendrickson@utulsa.edu 1 Different Types of Financial Assistance Outside Scholarship: Outside scholarships are various forms
Financing a University of Delaware Education Academic Year 2012-2013 Estimated Cost-of-Attendance Budget* Below is the estimated 2012-2013 educational budget. Official rates are announced in early July
USC CENTER FOR HIGHER EDUCATION POLICY ANALYSIS COLLEGE COSTS: A CALIFORNIA STUDENT GUIDE TO PAYING FOR COLLEGE Are you concerned about paying for college? Do you think that attending your college of choice
THE SOLUTION CENTER Financial Aid Registrar Student Financial Services YOUR GUIDE TO FINANCIAL AID 2016-2017 //////////////////////////////////////////////////////////////////////////////////////// 1 The
Financial Aid at To our students and their families: Boston College remains committed to the practice of admitting students solely on the basis of the strength of their academic and personal accomplishments,
2 Minnesota Office of Higher Education REE APPLICATION OR FEDERAL STUDENT AID FAFSA) & MN DREAM ACT You can complete the FAFSA at www.fafsa.gov. There is also an online chat function to answer any questions
WELCOME Parents and Students to The Financial Aid Game Principia NP s Mission Statement: The primary mission of Principia NP is to educate parents and students about the Presentation Outline The Good The
Education Lights the Way at UC Irvine Today s Topics Sources of Financial Aid General Eligibility Criteria Cost of Education Application Process Needs Analysis Types of Financial Aid Comparing Aid Offers
Getting Started: 2015 2016 Undergraduate Financing Options All information is accurate as of December 2014 and subject to change without notice. Everything You Ever Wanted to Know, But Didn t Know What
Financial Aid 101 UNDERSTANDING THE BASICS Sarah Everitt Associate Director, Financial Aid Gonzaga University Goal of Financial Aid Primary goal: Assist students in paying for college and is achieved by:
Learning About Financial Aid Katherine Allen Financial Aid Workshop November 14, 2015 Topics for Today College Costs Types of Financial Aid All About the FAFSA What Happens Next? Direct Cost Expenses paid
FINANCIAL AID 2015 INTRODUCTION Below is a brief overview of both federal and state financial aid programs, along with a guide to filing the proper forms. You'll also find a glossary of terms, a list of
Financial Aid Planning for College Presented by: OMH Partner Group, Inc. We Would Like to Welcome You to Our Workshop! OMH Partner Group, Inc. provides financial aid consultation services for a fee. Our
How to Use this Guide Thank you for downloading MEFA s Guide to College Financing. This Guide has been created to help you understand and navigate the entire college financing process. Topics include basic
Financial Aid 101 Q: What is Financial aid? A: Any form of monetary assistance that helps pay for college This includes, scholarships, need-based grants, loans, work-study, etc. It is not just gift aid.
Learning Today, Leading Tomorrow STUDENT FINANCIAL AID SUCCESSFULLY NAVIGATING THE STUDENT FINANCIAL AID PROCESS The Northern Illinois University Student Financial Aid Office (SFAO) is pleased to assist
YOUR GUIDE TO FINDING THE FUNDS FOR COLLEGE Funded by the Education Services Foundation, our mission is to help Mississippi students plan and pay for college. Jackson: 601.321.5533 Gulf Coast: 228.875.4441
Financial Aid Consumer Information In accordance with federal regulations set forth by the Higher Education Act of 1965, as amended, NCE provides this Student Disclosures Schedule as means to disseminate
A Guide to Financial Aid 2015-16 The bottom line and how to pay for it. The Financial Aid Basics We re glad you are interested in attending Anderson University. Perhaps you have already received your acceptance
Helping Yourself. Helping Your Parents. Helping Your Children. By the numbers WINNING AT THE COLLEGE FINANCIAL AID GAME With college expenses having risen significantly, financial aid can be a critical
Financing a College Education After this program, you should know The types of aid available to students How and when to apply for financial aid How financial aid eligibility is calculated Sources of Financial
Financing a University of Delaware Education Academic Year 2014-2015 Notification Process Merit Scholarships In Progress Students eligible for merit scholarship will generally hear a few weeks after receiving
Financial Aid Information Night Welcome to Tonight's Agenda The role of Financial Aid Types of Financial Aid Financial Aid Application Process Lifetime Grant and Loan Limits Financial Aid Need Financial
Financing a University of Delaware Education for non Delawareans Academic Year 2015-2016 Topics to be Covered Overview of financial aid available (scholarships, grants, and loans) at the University and
TO IMPORTANT FINANCIAL AID INFORMATION Frequently Asked Questions & Answers for Parents of College Students Welcome to Red Rocks Community College and the Financial Aid Office. We hope that your students
Financial Aid at Sarah Lawrence From the Director of Financial Aid Dear Students and Parents: Perhaps the best advice any college can give to a prospective student is: Make your educational choice first,
Financing Education Beyond High School Claudia A. Wenzel John Carroll University Director of Financial Assistance Topics We Will Discuss The Basics of Understanding the process including: Expected Family
Understanding Your Offer of Financial Aid 2015-2016 Understanding Your Offer of Financial Aid Along with your financial aid award, we are pleased to provide this guide to understanding your award as well
Winning at the college financial aid game By the numbers Average tuition and fees per year for four-year colleges in 2006-07: 1 Private institutions: $30,367, up 4.6% from the previous year Public colleges:
Office of Financial Aid (OFA) Frequently Asked Questions Who should apply for Financial Aid? The USD OFA recommends that every eligible* student apply for financial aid. Even if you believe you won t qualify
An introduction to college financial aid Advice for getting the help your child or grandchild needs With the pace of higher-education costs consistently rising faster than inflation, as measured by the
Award Letter Notification of the terms and requirements of the financial aid package offered by a college. College Scholarship Service (CSS) Profile A financial aid application, in addition to the FAFSA,
Introduction to Financial Aid: An Overview for High School Students and Parents presented by: Hayato Suzuki Director of Financial Aid Tonight s Topics Types and sources of aid How financial need is determined
Filing Your Free Application for Federal Student Aid (FAFSA) Academic Year 2015-2016 Federal Student Aid PIN Obtain a Federal Student Aid PIN Available online at www.pin.ed.gov Required for students and
Office of Student Financial Aid University of Akron Tammi Sawyer Associate Director email@example.com 330-972- 5471 Today s Topics Ø Applying for Financial Aid Ø Award Proposals Ø Accepting and Disbursement
College Outreach YOUR FUTURE Preparing for education beyond high school Anyone considering college has a lot to think about. Let this guide be a resource as you gather the facts on getting the degree or
Glossary of Financial Aid Terms Accrued Interest --- interest that has accumulated on the unpaid balance of a loan. Adjusted Gross Income (AGI) gross income minus deductions. This figure appears on IRS
GLOSSARY OF FINANCIAL AID TERMS Candidates Reply Date Agreement: A college subscribing to this nationally-recognized agreement will not require any applicant offered admission as a first-year student to
Your Guide to Financial Aid www.umassd.edu/financialaid Table of Contents 2 Determining Your Financial Aid Eligibility 4 Your Financial Aid Award 5 Grants, Scholarships & Waivers 6 Federal Work-Study &
2015-2016 ABCs of Financial Aid 1 What s Inside General Eligibility Requirements for Federal Financial Aid...2 Dependency Status...2 Applying for Financial Aid and the Need Analysis Process...3 Need Analysis
Awarding Financial Aid The Financial Aid Office has developed an institutional packaging philosophy to ensure consistent, equitable, and fair distribution of financial aid funds. Federal and State need-based
SUNY Financial Aid Day University at Buffalo February 22, 2014 Agenda SESSION 1: Presentation and Q&A 9:00 9:45 am Complete your on-line FAFSA and TAP applications 9:45 10:45 SESSION 2: Presentation and
How do I apply for financial aid? To apply for financial aid, a student must fill out a FAFSA. FAFSA stands for the Free Application for Federal Student Aid and can be completed at www.fafsa.gov. You should
Sponsored by: Greenville County School Counseling and the Sirrine Scholarship Program With cooperation from: Anderson University Clemson University Furman University Greenville Technical College 1 Sirrine