Paying for College – Financial Aid Summer Orientation Program
FINANCIAL AID OVERVIEW FAFSA SCHOLARSHIPS & GRANTS LOANS EMPLOYMENT OPPORTUNITIES S.A.P.
FAFSA What is the FAFSA? Free Application for Federal Student Aid www.fafsa.ed.gov Why should I complete the FAFSA? Determines if you can receive Federal Assistance – PELL GRANTS, SEOG, Federal Work Study and LOANS (Sub/Unsub) Don’t leave money on the table
FAFSA Completion SOUTHEASTERN’S SCHOOL CODE: 002024 HELP LINE: 1-(800)-433-3243 APPLY ONLINE: www.fafsa.ed.gov Fall 2018 – Complete the 2018 -2019 FAFSA Renew each Oct 1st
Federal Aid Need Based Aid - Federal Pell Grant – Fall 2018 max $3,048 Federal Supplemental Education Opportunity Grant (SEOG) Subsidized Loans Not Need Based - Unsubsided Loans Parent Plus Loans
Loans Beginning Freshmen can only receive $5,500 in loans their first year, $6,500 as a sophomore, then $7,500 thereafter. All first time borrowers must complete an Entrance Interview and a Master Promissory Note. Information on these may be found on-line at studentloans.gov Students have a six month grace period for sub and unsubsidized loans
Percentage of Completion Satisfactory Academic Progress G.P.A. Must maintain at least a 1.75 cumulative G.P.A. (freshmen) or at least a 2.0 cumulative G.P.A. (sophomore, junior, senior) Percentage of Completion Must complete at least 67% of courses enrolled Maximum Time Frame Must not exceed 180 credit hours for first undergraduate degree
To-Do List Items Under the Student Center To Do List: 1/3 of students are selected for verification and will have items Account Inquiry View Financial Aid Accept/Decline Awards Make a Payment
TOPS TOPS recipients have until the end of summer semester to earn the required 24 credit hours. Failure to do so suspends all future eligibility unless an extenuating circumstance applies. Must be continuously enrolled and full-time through the census date each semester. Check with the Scholarship Office before dropping a class. TOPS Opportunity $5,652 per year No stipend included - Total: $2,826.10 Fall 2018 20-22 ACT/Retention 2.30 for the first year and 2.50 GPA every year after that TOPS Performance $200 stipend Fall 2018 - Total: $3,026.10 for semester 23-26 ACT/Retention 3.00 GPA TOPS Honors $400 stipend Fall 2018 - Total: $3,226.10 for semester 27+ ACT/Retention 3.00 GPA
Scholarships Where do I get scholarships? Southeastern offers Priority/Honor Scholarships as well as other Department Scholarships. Contact Scholarship Office (985) 549 - 5116 Private companies found at www.osfa.la.gov, www.fastweb.com and www.lela.org Don’t just apply for one. It takes many applications to receive one award. LOSFA (800) 259-5626 or email at custserv@la.gov
Southeastern Promise No Cost of Tuition Increases Graduate in four years or we pay your final classes (Four-Year Graduation Plan) Academic Success Southeastern.edu/Promise No developmental courses
Work Study Student will be considered either Federal (based on financial need) or State (not based on need) Student may work up to 25 hours per week Networking within departments Departments work around student’s schedule *To view current openings, visit the Student Employment Network at www.southeastern.edu/sen Call 985-549-5311
Contact Information General questions to FinAid@southeastern.edu Scholarship Services: (985) 549 - 5116, Room 120 Assistant Director, Scholarships & Work Study – Terry Garner Assistant Director, Information Systems and Veterans Services – Sophie Dagro A – D Vantanee Sangpu - vantanee sangpu@southeastern.edu E – L Jessica McMillian - jessica.mcmillian@southeastern.edu M – R Jacob Rester – jacob.rester@southeastern.edu S – Z Katie Delaneuville - katie.delaneuville@southeastern.edu Financial Aid Director, Charles D. Cambre www.southeastern.edu/financialaid/ Location: North Campus, Financial Aid Building Financial Aid: (985) 549-2244
Questions?