2018-2019 Stay, Stop or Drop? Office of Student Financial Assistance.

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Presentation transcript:

2018-2019 Stay, Stop or Drop? Office of Student Financial Assistance

2018-2019 Stay, Stop or Drop? How your decision may impact your financial future: Today This Semester/Quarter Next Semester/Quarter Next Academic Year

2018-2019 Goal Participants will gain an understanding of assistance available for each decision: Stay in school Stop attending school for a period of time Drop out of school

2018-2019 Why the decision? Common reasons student must decide whether to stay in, stop or drop out of school: Health issues Family burdens Employment demands Lack of academic progress Attendance issues

Seek Key People for Advice 2018-2019 Seek Key People for Advice Academic Advisors Financial Aid Staff Student Service Counselors

If you decide to stay in school 2018-2019 If you decide to stay in school Financial Aid Childcare Transportation Tutoring Employment

If you decide to stop temporarily 2018-2019 If you decide to stop temporarily Temporary Leave of Absence Medical Leave Military Leave Changes in Employment Schedule Special Circumstances

If you decide to drop from school: Step 1 2018-2019 If you decide to drop from school: Step 1 Visit the financial aid office How will this affect your future aid eligibility? Will you need to pay back money to the school? Do you have student loans? When will you enter repayment? studentaid.ed.gov/sa

If you decide to drop from school: Step 2 2018-2019 If you decide to drop from school: Step 2 Visit the Registrar’s office to complete the formal withdrawal process.

If you decide to drop from school: Step 3 2018-2019 If you decide to drop from school: Step 3 Contact your student loan servicer to update contact information and notify of change in enrollment status.

2018-2019 Resources to Assist For more information about budgeting, credit, repayment of student loan debt and servicers visit: www.NavigatingYourFuture.org www.NSLDS.ed.gov www.StudentAid.ed.gov www.MappingYourFuture.org www.FinAid.org

Resources to Assist www.NavigatingYourFuture.org 2018-2019 Resources to Assist Download our brochure: Stay, Stop, or Drop? Visit Navigating Your Financial Future: www.NavigatingYourFuture.org

2014/2015 Contact Us Email: osfa@fldoe.org Telephone: 888-827-2004 OSFA Outreach: Pedro “Pete” Hernandez (850)245-1821 Pedro.Hernandez@fldoe.org

2018-2019 Questions?