LONGHORNS GUIDE TO FINANCIAL AID 

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Presentation transcript:

LONGHORNS GUIDE TO FINANCIAL AID 

Complete FAFSA each year by the priority deadline: March 31st

Check Finaid Status Online via CASH  Review & submit your Financial Aid award notice  Complete any requirements: Entrance Counseling Documentation needed FERPA privacy release Direct deposit authorization  Report scholarships  Review the status of your funds release

EFAN = Award letter  Cost of Attendance (COA) Program cost  Financial aid assists you in paying this cost

Type of Aid Available  LOANS ONLY!  If awarded grants, contact Linda Morgan ( ) immediately!

Student Loans - Getting Started Use your FAFSA PIN to gain access Requirements listed on “My Profile”

Complete Entrance Loan Counseling  Takes minutes to complete  Loans will NOT voucher until the counseling requirement is satisfied

Subsidized/Unsubsidized Direct Loans – Master Promissory Notes

Remain Eligible for Financial Aid  Maintain at least half-time enrollment (6 hours/semester).  Maintain 3.0 cumulative GPA.  Report scholarships.  Report tuition assistance received from employer.  Use employer reimbursement to pay following semester’s cost.

Fall T&F bill How Will You Pay For It?  See your “My Tuition Bill” page UT Direct  Click “Confirm Attendance”  Due August 30 th by 5:00pm

“My Tuition Bill “ via UT Direct After You must select a payment option in order to secure your classes Red means classes are not secured Green means classes are secured Before

Disbursement of Aid  When is aid released? At the start of each semester See “Funds release” via CASH page  What is paid? Any outstanding UT debt (i.e. program fee)  Where does remaining aid go? See “Where’s my Check” via UT Direct or “Funds Release” via CASH NOTE: In most cases, there are no remaining funds

Things to Remember  Apply for FAFSA each year by March 31  FERPA privacy release authorization  Always check your CASH page  Read all mail /  Submit all required documentation  Complete Direct Loan promissory notes & entrance counseling online at:

 Find us on Facebook: University of Texas at Austin Financial Aid Office Longhorns Guide to Financial Aid Linda Morgan (512) Student Services Building (SSB) 3 rd Floor

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