Featuring. Please save your questions for the end! Parking USFSP Bookstore Financial Aid. Tuition and Fees On-Campus Housing Meal Plans

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3 Featuring Tuition and Fees On-Campus Housing Meal Plans Parking USFSP Bookstore Financial Aid Please save your questions for the end!

4 Use Our Cost Calculator to Help Budget! What is the Cost Calculator? Online tool which estimates the bill before payments are due Why should we use the Cost Calculator? The Controllers Office does not send bills How much is my student s bill? Online version: Go to Under College Planning, click on the appropriate Cost Calculator link Do we have to do all the math? Nope! Just enter all of the costs (drop-down s are built in with actual amounts) and let the calculator do the rest!

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7 Tuition and Fees Tuition is charged per credit hour. Plus $5 Athletic fee per semester. Additional fees depend on field of study as well as distance learning.

8 USFSP Tuition Florida resident = $ per credit hour Non-resident = $ per credit hour Amounts based on academic year Fees for academic year may be updated prior to first week of Fall classes.

9 Tuition Payment Deadlines Tuition is due on the 5 th day of each term by 5:00pm unless they have a tuition deferment. Please Note: Student will not receive bills for tuition owed. Students are responsible for knowing payment deadlines.

10 Tuition Payment Deadlines For Students Without a Financial Aid Deferment: Summer B 2016 : July 1, 2016 Fall 2016: August 20, 2016

11 Tuition Payment Deadlines For Students With a Financial Aid Deferment: A Deferment is an extension for payment Prevents Class Cancellations Temporarily prevents assessment of late fees (until after deferment deadline) The deferment date is approximately 60 days after classes begin, date will be listed on OASIS More information will be provided in the Financial Aid Presentation

12 Florida Prepaid College Program Students who participate in the Florida Prepaid College Program are responsible for the local portion of fees. Payment deadlines are the same as regular tuition payment, unless students have received a financial aid tuition deferment. Check with Florida Prepaid for specific plan information.

13 Florida Prepaid College Program Tuition Automatically updated using student s SSN. Do not need to notify the Cashier s Office. After registration, Prepaid will apply. Housing Please make note on your Housing and Dining Application of your Florida Prepaid dormitory account number, this is not automatically updated.

14 4 Ways to Pay! 1. Online: By Credit Cards MasterCard, AMEX and Discover (a convenience fee will apply) or by E- check payments ($0 fee) through OASIS 2. Cashier s Office: BAY 132 (no phone payments) Tuition: checks, cashier s check, money order or cash only Housing/Meal Plan: cash, checks, credit/debit, money order

15 4 Ways to Pay! 3. By mail: include USF ID number on check. Personal check, cashier s check, or money order payable to USF. 4. Drop Box: (on or before respective deadlines), located on the East side of Bayboro Hall.

16 Waivers If you have received a third party waiver (separate from the Admissions Deposit Waiver), you will need to submit the original to the Cashier s Office.

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19 How to Apply Applications available now! Go to Click Housing & Dining Application Sign-in and follow the instructions Pay $400 Housing and Dining Pre-Payment online, Submit Immunizations to Health Services

20 Summer B Housing & Dining Cost June 25 August 6, 2016 Housing: Residence Hall One (RHO): 4-person private bedroom suite - $1, Meal Plan: Declining Balance: $ Summer Move-In: June 25!

21 Fall 2016 Housing Cost August 19 December 10, 2016 University Student Center (USC) 2-person shared room - $3, person shared room- $3, Residence Hall One (RHO) 4-person private bedroom suite - $4, person shared bedroom studio - $3, /4-person shared bedroom suite - $3, Fall Move-In: August 19!

22 Fall 2016 Dining Cost August 19 December 10, 2016 Gold Plus with $100 Flex Dining Dollars: $2, Gold with $100 Flex Dining Dollars: $1, Gold Plus: $2, Gold: $1,857.91

23 Spring 2017 Housing Cost January 8 May 6, 2017 University Student Center (USC) 2-person shared room - $3, person shared room- $3, Residence Hall One (RHO) 4-person private bedroom suite - $4, person shared bedroom studio - $3, /4-person shared bedroom suite - $3,120.00

24 Spring 2017 Dining Cost January 8 May 6, 2017 Gold Plus with $100 Flex Dining Dollars: $2, Gold with $100 Flex Dining Dollars: $1, Gold Plus: $2, Gold: $1,857.91

25 Other Costs to Consider Start of the year cost Linens (Twin X-long) Room Accessories On-going Cost Snacks/Toiletries/Etc. Laundry ($1.25 per Wash/Dry)

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28 Meal Plans All Meal Plans are based on a Declining Dollar Balance. Exempt from tax All resident students are required to purchase a meal plan

29 Meal Plan Deadline Balance of Payment due IN FULL: The 5 th day of each semester.

30 Additional Meal Plan Info Need smaller quantities? Flex Dining Dollars Quantities of $50 Can be used at: The Reef Campus Grind Tavern at Bayboro USFSP Bookstore Café Can be purchased any time, no expiration date Purchase online or Cashiers office, BAY 132

31 We are so glad to have you live & dine with us!

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34 Parking Permits Summer B 2016: Available June 15, Fall 2016 Semester and Annual permits:, 201 Available August 1,

35 Parking Rates Type Duration Price Student commuter Semester $ Annual $ Summer B $ Monthly $ Daily $ 5.00 Resident student Semester $ Annual $ Summer B $ Motorcycle Annual $ Rates may change for Academic Year

36 Ways to Buy a Parking Permit 1. On-line: Visa, MasterCard, Discover, American Express or E-check 2. At Cashier s Office (Parking Window): All forms of payment accepted (no phone payments).

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38 How much should I budget for textbooks? What is the most cost effective way to purchase textbooks? usfstpete.bncollege.com

39 Enter course information Ex: BSC View textbook options and prices in one place Order early for best availability of used books Pick-up in store or ship to you BAPP, credit card, debit card and Barnes & Noble gift cards usfstpete.bncollege.com

40 Rentals Most cost effective option Order early for best availability of used books Write and highlight in your rentals Loved it? Useful? You can buy your rental

41 Textbook Budgeting 101 Know your course numbers Ex: ACG Obtain your syllabus if available Visit our website or come into the USFSP bookstore Order books early Caution: Know the difference between course-packs, bundles, package-components, and access codes. Choose Used or Rental Used for greatest savings (Up to 80%!) Keep your receipts!

42 My College Bookstore Available on Android and Apple devices Source and place textbook orders Track your orders Receive rental reminders Exclusive offers Coupons for dollars off spirit apparel and merchandise

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44 Who Gets Financial Aid? Every student, who meets some basic eligibility requirements, can get some type of financial aid regardless of age or family income. More than $150 billion of aid is available every year to students to help cover tuition and fees, room and board, books and supplies, transportation, and other educationrelated expenses.

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46 Online Access Student Information System (OASIS) Answers questions about your student s financial aid 24/7! Accessed through My USF logon on the main webpage:

47 Online Access Student Information System (OASIS) Students can use OASIS to: Check for unsatisfied requirements Check for deferments Check Satisfactory Academic Progress (SAP) View and accept financial aid awards

48 Where Do I Start? FREE Application for Federal Student Aid (FAFSA) The FAFSA is a form that parents and students must annually complete to apply for federal student aid School code:

49 Which FAFSA is Needed? When do you start at USFSP? Summer 2016 Complete the following FAFSA(s): & Fall

50 Summer 2016 (15-16 Academic Year) 1516 FAFSA: Uses 2014 Tax information for student and parent (**use IRS import)

51 Fall/Spring (16-17 Academic Year) 1617 FAFSA: Uses 2015 Tax information for student and parent (use estimated tax information to complete, then use IRS import after taxes are completed)

52 How Do I Apply? Fill out the online FAFSA, to apply for federal, state and institutional financial aid. The simplified online application is available at As part of the process, the student (and a parent if dependent) will need to create an FSA ID to electronically sign the application.

53 How Do I Apply? You can use the FAFSA On the Web Worksheet (FOTW) to practice on paper what needs to be filled in online.

54 FAFSA Points to Remember Use the name that is on the student s Social Security Card as well as the correct SS Number Students under age 24 are considered dependent. You must report both parent and student information on FAFSA Student of divorced parents must use information of parent they lived with most in the last 12 months. If parent is remarried, must also use step-parent s income

55 When Do I Apply? To be considered for the maximum amounts and types of aid, apply for the Annual application as soon as possible between January 1 st and March 1 st of every year. Note: Beginning Academic Year, there are two MAJOR changes to FAFSA: FAFSA application will be available in October 2016 instead of January Income information will be from 2 years prior, not 1 year prior.

56 I ve done the FAFSA Now What? Results of the FAFSA SAR, or Student Aid Report delivered to you by 3-5 days after your FAFSA has been processed, if you provided an address when you applied. Your SAR summarizes all the information you provided on your FAFSA.

57 I ve done the FAFSA Now What? Make corrections if necessary and submit online. USFSP receives your electronic FAFSA approximately 2 weeks after you receive a confirmation.

58 SAR Contains: Two important numbers: 1. DRN (Data Release Number) 4 digit number that uniquely identifies your FAFSA. 2. EFC (Estimated Family Contribution) Calculation using the student and parent tax information provided to the federal processor on the FAFSA. The resulting federal formula is the Expected Family Contribution (EFC). USFSP will use your official EFC to determine how much financial aid you are eligible to receive, based on our cost of attendance

59 Factors that affect EFC Student Income Student Assets Parent Income (if the student is dependent) Parent Assets (if the student is dependent) Spouse Income (if the student is married) Spouse Assets (if the student is married) Household Size Number of Family Members in College (excluding the parents) Age of the Older Parent Student Characteristics Used to Determine the Student s Dependency Status

60 How Does a School Determine What Types of Financial Aid a Student Receives? PART 1: Federal Formula ESTIMATED FAMILY CONTRIBUTION The EFC calculation is the minimum amount a family is expected to contribute toward a student s education.

61 How Does a School Determine What Types of Financial Aid a Student Receives? PART 2: Estimated College Costs COST OF ATTENDANCE (Inflated Budget) Tuition and Fees + Room and Board + Books and Supplies + Transportation + Miscellaneous Living Expenses = Cost of Attendance

62 Estimated Cost of Attendance (COA or Budgets) Summer 2016 Financial Aid Budget Florida Resident, On/Off-Campus Summer B (6 weeks) Books & Supplies $240 Tuition & Fees $1,167 Room & Board $1,734 Personal Expenses $469 Transportation $300 TOTAL COA $3,910 Financial Aid Budget Non-Resident, On/Off-Campus Summer B (6 weeks) Books & Supplies $240 Tuition & Fees $3,350 Room & Board $1,734 Personal Expenses $469 Transportation $300 TOTAL COA $6,093

63 Estimated Cost of Attendance (COA or Budgets) Fall 2016 or Spring 2016 (per semester) Financial Aid Budget Florida Resident, On/Off-Campus Full-time (12+ hours) Books & Supplies $600 Tuition & Fees $2,911 Room & Board $4,700 Personal Expenses $1,250 Transportation $800 TOTAL COA $10,261 Financial Aid Budget Non-Resident, On/Off-Campus Full-time (12+ hours) Books & Supplies $600 Tuition & Fees $8,368 Room & Board $4,700 Personal Expenses $1,250 Transportation $800 TOTAL COA $15,718

64 So, Financial Need-Based Aid is: The difference between the standard Cost of Attendance and the EFC COST OF ATTENDANCE - EXPECTED FAMILY CONTRIBUTION (EFC) = FINANCIAL NEED

65 Forms of Financial Aid There are two forms of financial aid: gift aid and self-help aid: Gift aid includes grants and scholarships gifts of money to pay for college that don t have to be repaid Self-help aid includes employment, such as on-campus part-time jobs that help curb college expenses, and loans that you will need to repay Gift Aid is based on demonstrated need and is designed to help students who cannot afford the cost of attending college

66 As a Result, You Can Receive: GRANTS (need-based) SCHOLARSHIPS (both need & non-need ) STUDENT EMPLOYMENT (need-based) LOANS (both need & non-need) Student Loans Parent Loan for Undergraduate Students (PLUS)

67 Grants Money that does not have to be paid back Need-based award that depends on priority FAFSA application deadlines (before every March 1 st for USF) Exception to the priority date is the Pell Grant.

68 Scholarships Money that does not have to be paid back Based on merit, skill, financial need. Apply for other Scholarship Opportunities (priority deadline for 1617 scholarships was January 29, however, we are still accepting applications for the USFSP Privately Funded Scholarships until April 15, 2016)

69 Student Employment Federal Work Study Need-based award Allows student to earn money via a paycheck paid twice/month Flexible work schedule Doesn t count against Financial Aid awards

70 Federal Direct Stafford Loans Subsidized and Unsubsidized Repayment does not begin until after graduation or when the student drops below 6 credit hours in a semester. Subsidized (need-based) Government pays the interest while in school Unsubsidized Charged interest from the time loan is disbursed until it is paid in full

71 Loans Money that parent or student borrows Money students and parents can borrow to help pay educational expenses Repayment usually begins after education is finished, or student drops below half-time enrollment Only borrow what is really needed Look at loans as an investment in the future: they help to establish positive credit

72 Deferments Provided to financial aid students to postpone payments for: Tuition and Fees: Automatically offered to students enrolled half-time who have: Incoming Scholarship or Bright Futures or FAFSA on file 10 days before classes Housing: Requires acceptance of a certain amount of financial aid Term Tuition Payment Date Deferment Payment Date Check OASIS to see if either deferment has been posted BEFORE classes begin each semester Summer B July 1 st July 15 th Fall August 26 th October 21 st

73 Financial Aid, Bright Futures and Florida Prepaid Payments At the end of the first week of classes, any financial aid, scholarships and Florida Bright Futures (FBF) funds are applied to the charges on a students account. Florida Prepaid will be applied approximately 30 days into the semester. Any disbursements will be applied to pay the remaining tuition charges before being applied to any additional charges owed to USF and posted to your student account.

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76 Questions?

77 Thank You!