PAYING FOR COLLEGE. Scholarships & Financial Aid. siue.edu

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1 PAYING FOR COLLEGE Scholarships & Financial Aid siue.edu

2 A VALUABLE EDUCATION When taking into account the price tag of a college education, it s important to consider the value of the education you will receive. With one of the lowest tuition and required fees of all four-year institutions in Illinois, SIUE offers educational excellence that is affordable. Washington Monthly ranks SIUE among the Top 40 master s universities in the nation and first among all master s institutions in Illinois. This is the fifth consecutive year SIUE has been listed. Unlike conventional college rankings, Washington Monthly evaluates an institution s contribution to the public good in three broad categories: social mobility, research and service. U.S.News & World Report Best Colleges of 2015 lists SIUE among the top 15 public universities in the best Regional Universities Midwest (master s granting) category for the tenth consecutive year. SIUE faculty are committed to translating innovative research into student learning opportunities and success. SIUE s Undergraduate Research and Creative Activities program allows students to enrich their undergraduate academic experience and career through research collaborations with faculty. Students design, conduct and assist with scholarly projects in virtually every field of study. SIUE has the lowest tuition and required fees of all four-year institutions in Illinois. University Tuition & Fees Room & Board Total Cost SIUE $10, $9, $19, Governors State University $10, $8, $19, Eastern Illinois University $11, $9, $20, Western Illinois University $11, $9, $21, Chicago State University $13, $8, $22, SIU Carbondale $13, $9, $23, Northern Illinois University $13, $9, $23, University of Illinois-Springfield $13, $9, $23, Illinois State University $14, $9, $24, University of Illinois-Chicago $14,804.00* $10, $25, Northeastern Illinois University $16, $9, $25, University of Illinois - Urbana/Champaign $16, $11, $27, *Tuition and fees data is for the academic year Source: Institutional websites June 2015

3 At SIUE, the average financial aid package from all sources is $12,280. SIUE prepares students for more than just a successful career. Built on the foundation of a broad-based liberal education, and enhanced by hands-on research and real-world experiences, an SIUE education equips students to thrive in the global marketplace and make their communities better places to live. Rest assured, SIUE students live and learn in an environment that is not only academically inspiring, but safe, as well. The nationally recognized online news magazine, The Daily Beast, ranks SIUE among the safest colleges in the nation. Paying for College Quick Facts More than 70% Newly enrolled SIUE freshmen or transfer undergraduate students lock in a guaranteed tuition rate for four continuous academic years. of the SIUE student body receives financial aid. SIUE awarded more than $148 million in grants, loans, tuition waivers, scholarships and student employment to students last year. Out-of-state residents qualifying for special tuition rates can save more than $40,000 over four years at SIUE. Last year, SIUE awarded more than 3,200 competitive merit-based scholarships with a four-year value ranging from $8,000 to full tuition.

4 Paying for College Now that you have decided SIUE is the right place for you, the next step is to make a plan to pay for college. Financing your education doesn t have to be a mystery. The SIUE Office of Financial Aid will work with you to put together a combination of scholarships, grants, student loans, parent loans and student employment to help you fund your education. Last year alone, SIUE administered more than $148 million in student financial aid. No matter what your financial circumstances, the SIUE Office of Financial Aid is here to help you afford a quality education. What Does it Cost to Attend SIUE? ***In-State and Regional Residents/ High-Achiever Scholars GEO Scholars Out-of-State/ International Residents Tuition $7, $9, $19, Fees* $2, $2, $2, Room & Board** $9, $9, $9, Total $19, $20, $30, * Undergraduate, two semesters, 15 semester hours each. Prices reflect academic year ** Based on shared room in freshman residence hall and meal plan A. Includes campus housing activity fee. Undergraduate fees include the cost of renting basic textbooks. This program allows you to rent books instead of buying them. *** Newly entering freshmen and transfer students from Arkansas, Iowa, Indiana, Kentucky, Missouri, Tennessee and Wisconsin will pay the same in-state tuition rate as students from Illinois. New student estimated expenses We have estimated what it will cost for Illinois residents to live and learn at SIUE. Estimates are for an undergraduate student who takes 15 credit hours each semester, lives on campus, and has a five-day meal plan. SIUE s textbook rental program is an economical alternative to purchasing most textbooks. The rental fee ($16.30 per credit hour) is included in student fees. Don t forget to budget for recreation, supplies, personal items and other expenses, which are not paid directly to the University. Tuition and Fees $10,247 Room and meal plan $9,051 Recreation, supplies, personal items and other expenses* $3,697* Estimated cost of attendance $22,995 *An allowance, not a billed cost 2

5 What SIUE costs might look like for you There are many factors that will impact your financial aid package savings, number of family members, number of students in college, student earnings. Here are some examples of what financial aid might look like for you. These scenarios do not include the maximum amount available from SIUE merit scholarships (see page 6), external scholarships, or student employment other than federal work study. Lower Income Family of Four, One Child in College Adjusted Gross Income $12,779 Estimated Family Contribution $0 Federal Student Loans $5,500 Federal Work Study $3,000 Federal Grants $7,175 State Grants $3,990 SIUE Scholarship $3,000 Total Aid $22, Cost of Attendance $22,995 Federal PLUS Parent Loan $330 Middle Income Family of Four, One Child in College Adjusted Gross Income $56,319 Estimated Family Contribution $5,447 Federal Student Loans $5,500 Federal Work Study $0 Federal Grants $0 State Grants $0 SIUE Scholarship $3,000 Total Aid $8, Cost of Attendance $22,995 Federal PLUS Parent Loan $14,495 Remaining Costs $0 Remaining Costs $0 Middle Income Family of Four, One Child in College Adjusted Gross Income $33,169 Estimated Family Contribution $1,459 Federal Student Loans $5,500 Federal Work Study $3,000 Federal Grants $4,325 State Grants $3,990 SIUE Scholarship $3,000 Total Aid $19, Cost of Attendance $22,995 Federal PLUS Parent Loan $3,180 Remaining Costs $0 Higher Income Family of Four, One Child in College Adjusted Gross Income $125,242 Estimated Family Contribution $34,309 Federal Student Loans $5,500 Federal Work Study $0 Federal Grants $0 State Grants $0 SIUE Scholarship $3,000 Total Aid $8, Cost of Attendance $22,995 Federal PLUS Parent Loan $14,495 Remaining Costs $0 These examples show costs for the academic year and are for reference only. You will have to complete your Free Application for Federal Student Aid (FAFSA) and receive your award notice to know exactly how much aid you will receive from SIUE. Applying for scholarships may further reduce your cost. 3

6 Affordable EXCELLENCE Accreditation Accreditation Board for Engineering and Technology (ABET) Accreditation Board for Engineering and Technology: Computing Accreditation Commission (ABET) Accreditation Council for Pharmacy Education Accreditation Council on Education in Journalism and Mass Communications American Art Therapy Association American Chemical Society American Council for Construction Education American Dental Association Commission on Dental Accreditation DDS, DDM American Dental Association Commission on Dental Accreditation - Advanced Dental Education Association to Advance Collegiate Schools of Business (AACSB) International AACSB International - Accounting Commission on Accreditation of Allied Health Education Programs Commission on Collegiate Nursing Education Council for the Accreditation of Educator Preparation Council on Academic Accreditation in Audiology and Speech-Language Pathology of the American Speech-Language-Hearing Association Council of Graduate Schools Council on Accreditation of Nurse Anesthesia Educational Programs Council on Social Work Education National Association of School Psychologists National Association of Schools of Art and Design National Association of Schools of Music National Association of Schools of Public Affairs and Administration National Association of Schools of Theatre: Initial Accreditation undergraduate tuition, fees, room and board* 4-year difference compared to SIUE* *Estimated costs based on in-state tuition 4

7 Compare our top graduate and undergraduate programs to other universities, and you ll see SIUE offers the same or higher quality standards. SIUE Mizzou SIUC Illinois State U of I Chicago U of I Urbana- Champaign Saint Louis University $19,298 $23,326 $23,045 $24,436 $25,532 $27,836 $49,824 $16,112 $14,988 $20,552 $24,936 $34,152 $122,104 5

8 Consider Your Options: SIUE Scholarships SIUE is committed to supporting exceptional academic talent and offers several scholarships to recognize and reward academically talented students while helping to cover the cost of your college education. Scholarship/Award Opportunities and Application Deadlines Fall entry only Meridian Scholarship 12/1/2015 including submitting the Supplemental Profile online: siue.edu/meridian. International students eligible Cougar Pride Scholarship 12/1/2015 Johnetta Haley Scholarship 12/1/2015 Award Amount Full Tuition, Fees, Room and Board as funding is available Up to $16,000 over 4 years as funding is available Up to $8,000 over 4 years as funding is available Criteria Admitted freshmen with a composite ACT 27 (1210 SAT) will be considered Average Profile of Selected Scholars: 31 ACT and 3.97 GPA Admitted freshmen (with a composite ACT 23 and/or 1050 SAT) and transfers (3.0 GPA in at least 24 semester hours in transferable coursework) will be considered Admitted freshmen (with a composite ACT 23 and/or 1050 SAT) and transfers (3.0 GPA in at least 24 semester hours in transferable coursework) will be considered. This scholarship is designed to support enrollment of students who are underrepresented in their anticipated field of study. e-guarantee Limited funding. Preferential consideration will be given to students completing the application for admission on or before 12/1/2015 and filing the FAFSA as soon as possible after 1/1/2016. Amounts vary. After completing the FAFSA, and applying all available State and Federal programs to a student s account, SIUE may assist families with filling remaining unmet financial need. Awards will be made as funding is available. Admitted Illinois freshmen with an ACT 19 (900 SAT), $0 Expected Family Contribution (EFC) and family income levels at or below federal poverty guidelines. In-state tuition available to residents of: Arkansas, Indiana, Iowa, Kentucky, Missouri, Tennessee and Wisconsin; children, grandchildren, siblings, step-children of SIUE alumni; students with an ACT score of 27 or above (SAT ). High-Achiever Scholarship 12/1/2015 Geographic Enhancement Opportunity Scholarship (GEO) 12/1/2015 International students eligible Eligible out-of-state freshmen and transfer students receive the in-state tuition rate. The scholarship equates to an annual reduction in tuition of approximately $11,000 (based on15 semester hours of credit) as funding is available. Freshmen and transfers meeting criteria are eligible for up to $9,400 (based on 15 semester hours of credit) as funding is available. First-time, full-time out-of-state freshmen with a composite ACT 27 (1210 SAT). First-time, fulltime admitted transfers with a 3.5 cumulative GPA in at least 24 hours of transferable coursework. First-time, full-time admitted out-ofstate freshmen (with a composite ACT score 23 and/or 1050 SAT), transfers (3.0 GPA in at least 24 hours of transferable coursework), international students (2.9 GPA and 79 TOEFL, or equivalent), or who have been recognized through a competitive departmental process 6

9 Other scholarship opportunities University/Foundation Scholarships: A variety of scholarships are made possible by gracious gifts from alumni, faculty, staff and community supporters. Department Scholarships: SIUE offers several academic scholarships in specific areas of study. More than 450 scholarship opportunities are available to eligible SIUE students! For more information, and to search and apply for scholarships, please visit siue.edu/academicworks.com. Paying for College checklist for entering students n Scholarships are awarded at the beginning of each fall semester only. To be considered for most SIUE scholarships, submit your completed admission application and all supporting documents postmarked by December 1. n Entering freshmen only: To be considered for Meridian Scholarships, submit the Meridian Supplemental Profile, which includes a resume and essay, postmarked by December 1. The profile can be found at siue.edu/meridian. n Students must obtain an FSA ID for identification purposes. Visit fafsa.gov and click on Start a new FAFSA, then Enter the student s information. Parents may be directed to do the same later in the application process. The FSA ID (a user-created username and password) allows students to electronically access personal information on Federal Student Aid websites and electronically sign the FAFSA. n As soon after January 1 as possible, complete a FAFSA online at fafsa.gov and have your processed financial aid information sent to SIUE (Title IV code ). You do not have to have your taxes completed before you submit the FAFSA; you may estimate income information and return to the FAFSA later, after your taxes are completed, and make corrections. n Prepare your tax returns as soon as possible. n Beginning in April, watch your SIUE for notification of your financial aid award from SIUE. You may receive a request for additional information to complete the verification process. n Once you are an enrolled SIUE student, you can check on your personal student records through CougarNet at siue.edu/cougarnet or find a student job at siue.edu/studentemployment. 7

10 Consider Your Options: Financial Aid We know that paying for college can be stressful. At SIUE, our financial aid office is ready to help you find options to finance your education and realize your dreams. We will work with you to manage college costs, regardless of your financial circumstances. SIUE offers state and federal grants, a variety of federal loan options, and student employment to assist in providing you a most competitive financial aid package. It may not be easy, but consider it an investment in your future. The first step is to complete the FAFSA. You can link from the SIUE financial aid website at siue.edu/financialaid or directly at fafsa.gov. Complete the FAFSA as soon as possible after January 1 of your high school senior year. To qualify for financial aid at SIUE, you must: n Be admitted as a degreeseeking student n Enroll at least half-time each term (six hours for undergraduates, five hours for graduates) n Maintain satisfactory academic progress n Not be in default on other student loans or owe a grant refund SIUE Federal School Code How to apply for financial aid Getting started is easier than you might think. 1. Go to FAFSA website, fafsa.gov; click on Start a New FAFSA. 2. Create an FSA ID. This will be used as your identifier and electronic signature. A parent may also need to apply for an FSA ID. 3. Complete your FAFSA online. You can file your FAFSA before completing your 2015 tax return. You may estimate your tax information and when your taxes have been submitted, return to the FAFSA website and make corrections. You may use the IRS Data Retrieval Tool to enter your income information directly on the FAFSA approximately three weeks after you have submitted your federal taxes. Grants Name Annual Amount Eligibility Criteria How to Apply Basis for Award Federal Pell Grant $626-$5,775 U.S. citizen or permanent resident with financial need File FAFSA online as soon after January 1 as you can Need as defined in federal formula Federal Supplemental Educational Opportunity Grant (SEOG) $1,400-$2,200 U.S. citizen or permanent resident with financial need File FAFSA online as soon after January 1 as you can Need as defined in federal formula (limited funds) Monetary Award Program (MAP) Partial Illinois tuition/fees (depending on state appropriations) Illinois resident with financial need File FAFSA online as soon after January 1 as you can Need as defined in state formula (limited funds) Student-to- Student Grant Up to $1,000 Illinois resident with financial need File FAFSA online as soon after January 1 as you can Need as defined in federal formula (limited funds) 8

11 Student Loans Name Annual Amount Eligibility Criteria How to Apply Loan Terms Federal Stafford Direct Loan Freshman (Dependent) $5,500 max (up to $3,500 subsidized) Freshman (Independent) $9,500 max (up to $3,500 subsidized) Sophomore (Dependent) $6,500 max (up to $4,500 subsidized) Sophomore (Independent) $10,500 max (up to $4,500 subsidized) Junior/Senior (Dependent) $7,500 max (up to $5,500 subsidized) Junior/Senior (Independent) $12,500 max (up to $5,500 subsidized) U.S. citizen or permanent resident File FAFSA online Interest rate for subsidized loans is 4.29%*; interest rate for unsubsidized loans is 4.29%*. Subsidized loans do not accrue interest as long as the student is enrolled at least half-time. Interest starts accruing as soon as the student drops below half-time. Unsubsidized loans start accruing interest as soon as the loan is disbursed. For both the subsidized and unsubsidized loans, repayment begins six months after the student drops below halftime or leaves school. Interest rate 6.84%* Federal PLUS Loan (Parent and Graduate student loan) Up to total cost of education less other financial aid Creditworthy parent of dependent student or graduate student File FAFSA online and complete PLUS application Repayment of loan can be deferred until student has been out of school six months. May defer payments while enrolled at least half-time. * student loan interest rates. Percents may change for Student Employment Part-time employment is an easy option to help finance your education. Nearly 1,500 students work in various departments on campus and hundreds are placed in off-campus positions. If you are entering SIUE in the fall, you are eligible to begin looking for jobs around the last week of July. To learn more about student employment at SIUE, or to apply for employment, use the Student Job Finder at siue.edu/studentemployment.

12 About Founded in 1957, SIUE is a fully accredited public institution beautifully situated in Edwardsville on 2,660 acres just 25 minutes from downtown St. Louis. Nearly 14,000 students choose SIUE for our enriching programs and engaging faculty. Our vibrant campus offers students modern residence halls, more than 250 student organizations and state-of-the-art learning environments. The University offers majors in nursing; engineering; education, health and human behavior; business; arts and sciences; pharmacy; and dental medicine. Check out our full list of programs at siue.edu/academics. 1 of 4 UP AND COMING AMONG MIDWEST REGIONAL UNIVERSITIES by U.S. News & World Report 50% of SIUE students graduate debt-free vs. 30% state/national average. The debt for students who borrow at SIUE is 10% less than the state and national average. (Project on Student Debt) National Recognition! Top 15 U.S. News & World Report Top 40 Washington Monthly of SIUE students secure a job within six 90% months of graduation Get started today at siue.edu/financialaid We re here to help. SIUE Financial Aid Call us: us: finaid@siue.edu Visit us online: siue.edu/financialaid Printed by authority of the State of Illinois, 9/15, 20m, SIUE is proud to support responsible use of forest resources. See below for some interesting statistics based on the selection of 100% recycled fiber materials used in this publication. Number of trees saved: 17 trees Total energy saved: 14 million BTUs Greenhouse gases prevented: 5,504 lbs. Wastewater reduction: 16,399 gallons Solid waste reduction: 1,678 lbs.