HOKIE FOCUS 2007 Office of University Scholarships and Financial Aid (USFA)

CONTACT USFA Monday thru Friday, 8:00am to 5:00pm Website Preferred Contact Phone (540) /calls returned in 72 business hours Allow Assistant Counselors to assist

FLASH.MAIL Electronic USFA newsletter Announcements, updates, changes Scholarship opportunities Parents encouraged to subscribe Free, no spamming FLASH. MAIL

APPLICATIONS AND DEADLINES Complete FAFSA –Priority Deadline - 3/11/07 General Scholarship –Deadline - 3/11/07 Presidential Campus Enrichment Grant –Deadline – 6/1/07 Departmental/College Scholarships –Deadline – Check w/Departments Honors – Closed until Spring 2008

AWARDS Letter notification to view on the web Aid types and amounts displayed on web Including: $ Grants/Scholarships---free money $ Work-Study---must work to earn $ Student Loans---to be repaid

Module # 1 – Budgets Module # 2 – Account Management Module # 3 – Credit Cards Module # 4 – Debt Management Module # 5 – Other Benefits Available Module # 6 – Loan Management Module # 7 – Consumer Rights and Responsibilities

What Would You Like Your Future To Look Like?

YOUR FUTURE AT VT Accept Offer of Admission Pay the deposit Activate VT PID Attend VT Orientation in July E-bills sent around July 15 th Complete Authorization to Release Confidential Information (multiple)

TYPICAL COSTS Yearly Costs In StateOut of State Tuition & Fees$7397$19775 Est. Room & Board $5306 Est Due Per Year $12703$25081 Est Due Per Term $6352$12541

WHAT DO I PAY? Fall charges Spring Charges - Fall aid - Spring aid Amount due Amount due *Any balance due must be covered by payment deadline*

BILL AND PAYMENT OPTIONS E-Bills - Set Up Authorized Payers (goes to student VT address and authorized payers) and then available approximately July 15 and December 15 Payment Options *E-Check Preferred *Cash/PaperCheck *Budget Tuition Plan *Parent PLUS Loan *Outside Sources/529 Plans

Payment Options (continued) MasterCard American Express Provided as an optional convenience…a 2.75% service charge will be assessed Remember, E-Checks Preferred

IMPORTANT REQUIREMENTS Set Up Authorized Payer(s) Report outside/community scholarships Complete the Authorization to Release Confidential Information Loan recipients must complete: On-line Master Promissory Note (MPN) On-line Entrance Interview On-line Questionnaire (Perkins only) Remember to file FAFSA each year

SPECIAL CIRCUMSTANCES Loss of Income Loss of Child Support Loss of Social Security Benefits Death of a Parent Divorced/Separated Unusual Medical Expenses

USFA CONTACTS: USFA Contact Information (540) Presentation available at hokiefocus07