Welcome to Enrollment Services We offer one-stop service for the administration of Financial Aid and Registrar services Hours of Operation Monday-Friday.

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Presentation transcript:

Welcome to Enrollment Services We offer one-stop service for the administration of Financial Aid and Registrar services Hours of Operation Monday-Friday 8:00 a.m. - 5:00 p.m. (except on official holidays) Ashbel Smith (Old Red)

APPLYING FOR FINANCIAL AID AT UTMB - GALVESTON STEP 1: Fill out the FAFSA (Free Application for Federal Student Aid) STEP 1: Fill out the FAFSA (Free Application for Federal Student Aid) STEP 2: Processing of Information from Department of Education to UTMB STEP 2: Processing of Information from Department of Education to UTMB STEP 3: Package Student STEP 3: Package Student STEP 4: Award Letter STEP 4: Award Letter STEP 5: Disbursement of Funds STEP 5: Disbursement of Funds

STEP 1: FILL OUT FAFSA Fill out FAFSA at Fill out FAFSA at UTMB – Galveston School Code: UTMB – Galveston School Code: Must have prior year’s tax return Must have prior year’s tax return –If filling out application must use 04 tax returns (Fall 2005, Spring 2006, Summer 2006) –If filling out application must use 05 tax returns (Fall 2006, Spring 2007, Summer 2007) PRIORITY DEADLINE: March 31 of every year PRIORITY DEADLINE: March 31 of every year

PARENTAL INFORMATION Institutional “need-based” Grants & Scholarships Must provide, on the FAFSA, parents’ information Must provide, on the FAFSA, parents’ information –If parental information is provided notification is sent from UTMB to the student indicating the next step(s) require. For consideration, every student is looked at as a DEPENDENT STUDENT regardless of dependency status For consideration, every student is looked at as a DEPENDENT STUDENT regardless of dependency status ***ONLY WAY TO DETERMINE THE DIFFERENCE BETWEEN STUDENTS WHOSE FAMILIES CAN CONTRIBUTE IF THEY WANT TO AND THOSE WHOSE CANNOT EVEN IF THEY WANT TO***

PARENTAL INFORMATION Cont. REMEMBER  Parent information for independent students is ONLY required to be considered for the institutional (UTMB) need-based grants and scholarships.  Students will still be awarded according to Federal Regulations and their independent status.

OH NO…I FORGOT! NOW WHAT DO I DO?

LAST MINUTE PROCESSING Renewal FAFSA and FAFSA (paper or web-based applications) must be submitted by midnight Central Daylight time, June 30 of every year. Renewal FAFSA and FAFSA (paper or web-based applications) must be submitted by midnight Central Daylight time, June 30 of every year.

STEP 2: PROCESSING OF INFORMATION Information is sent to UTMB from the Department of Education Information is sent to UTMB from the Department of Education UTMB sends to student asking them to fill out the UTMB Application for Financial Aid UTMB sends to student asking them to fill out the UTMB Application for Financial Aid

UTMB APPLICATION FOR FINANCIAL AID Helps us build students’ COA (Cost Of Attendance) Students’ COA includes: Students’ COA includes: –Tuition & Fees –Books –Living Expenses Three budgets to choose from: low, medium, high Three budgets to choose from: low, medium, high –“Other Expenses” as determined by the school

STEP 3: PACKAGING Student is packaged based on COA Student is packaged based on COA –Loans (Federal, State and Private) –Grants (Federal, State and Institutional) –Scholarships (Institutional, Need Based, Academic, Competitive, Outside- ) –Federal Work Study (FWS) –Tuition Exemption (Hinson Hazlewood, 3 rd Party Pay, etc.)

STEP 4: AWARD LETTER FINALLY, WHAT YOU HAVE BEEN WAITING FOR

STEP 4: AWARD LETTER cont. UTMB sends to student indicating there is an award letter to review UTMB sends to student indicating there is an award letter to review Student has opportunity to: Student has opportunity to: –Accept –Decline –Manipulate

STEP 5: $$$ DISBURSEMENT OF FUNDS $$$ Funds are sent to UTMB Funds are sent to UTMB UTMB disburses funds to students UTMB disburses funds to students –Direct Deposit (ACH) – forms available at Bursar’s Office, 2 nd Floor of the Administration Building Should sign up for this 2 to 3 weeks prior to first class day or 2 to 3 weeks prior to first disbursement Should sign up for this 2 to 3 weeks prior to first class day or 2 to 3 weeks prior to first disbursement –Via “Snail Mail” USPS Not recommended Not recommended

BUDGETING: Less Is More Room & Board Room & Board Tuition & Fees Tuition & Fees Books & Supplies Books & Supplies Food Food Clothes Clothes Toiletries Toiletries Car Maintenance Car Maintenance Emergencies Emergencies

BUDGETING cont. Do not have to take all up-front Do not have to take all up-front Can always come back and ask for more…up to your full cost of attendance Can always come back and ask for more…up to your full cost of attendance REMEMBER: You Will Be Responsible For Paying Your Loans Back REMEMBER: You Will Be Responsible For Paying Your Loans Back

ENROLLMENT SERVICES SPECIALISTS Bronwyn Thibodeaux Jay Cromie Lori Kocian Anthony Berry