Education Opportunity Programs: Best Practices Christina Schmidt Katie Brown Sean Sherwood Senior Counselor Financial Aid Specialist Financial aid counselor University of Rochester Genesee community college Binghamton university - suny

Topics Discussed Overview of the structure of each school’s office pertaining to EOP/HEOP Importance of having positive relationships with other offices on campus Budgets and packaging policies Considerations when renewing the Request for Funding Proposal Common challenges faced and ways to counsel Strategies to minimize loans and 5th year funding

Cost of Attendance Budget Full Time Tuition $4,150 Mandatory Fees $490 Books & Supplies $1,275 Personal $1,115 Room (off campus) $6,400 Board $2,320 Transportation $660 Total $16,410 Aid Source Total Educ. Opp Grant $600 Subsidized Loan $4,500 Unsubsidized Loan $1,110 SEOG $100 Pell Grant $6,095 NYS TAP $4,005 $16,410

Cost of Attendance Budget Tuition $52,974 Mandatory Fees $1,252 Room $9,776 Board $6,162 Books/Supplies $1,310 Travel $300 Personal $1,080 Health Insurance $2,448 Total $75,302 Aid Source Total Pell Grant $6,095 NYS TAP $5,065 Subsidized Loan $3,500 SEOG $600 NYS Bundy Grant $1,000 Educ. Opp. Grant $4,167 Book Grant $1,310 Federal Work Study $1,300 Rochester Grant $52,200 $75,237

Cost of Attendance Budget Tuition $6,870 Mandatory Fees $2,938 Room $9,900 Board $5,158 Books/Supplies $1,000 Travel $250 Personal $750 Total $26,866 Aid Source Total Pell Grant $6,095 NYS TAP $5,065 Subsidized Loan $3,500 Unsubsidized Loan $2,000 SEOG $500 SUNY Tuition Credit $1,930 EOP Grant $1,400 EOP Book Grant $1,050 Federal Work Study $23,540

Request for Funding Proposal Renewal every five years Relationship between HEOP/EOP office and aid office in developing aid policy and packaging procedures Explain needs analysis Any policy unique to HEOP/EOP for students – i.e. SAP, packaging Self-help policy – treatment of loans, FWS and EFC Institution policy for discretionary funds – SEOG, FWS Institutional policy regarding effects of outside scholarships on aid package Award letter time tables for incoming and returning students Disbursement procedures and timetables Exit counseling procedures