1 What Do Students Need to Know about Federal Student Aid? Jennifer Douglas & Adele Marsh Session 27 Presenters.

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Presentation transcript:

1 What Do Students Need to Know about Federal Student Aid? Jennifer Douglas & Adele Marsh Session 27 Presenters

2 Agenda  Overview of ‘Student Aid on the Web’ and ‘Mapping Your Future’ web sites  Group query about "gaps" - what do students and their families need?  Group prioritization of those needs  Round-robin from the group about how their students interact with self service sites vs. publications, phone.

3

4 Students and their parents have high expectations for fast, accurate and easy access to information and services Schools want to be able to provide students with a web site that would assist students with planning, saving for & attending school FSA wants to streamline service to students and their parents to make data move faster, with greater accuracy and with less reliance upon expensive paper form processes. Why did FSA build ‘Student Aid on the Web’?

5 ‘Student Aid on the Web’ Development & Design Mirrors the ‘life-cycle’ of a student –Preparing –Choosing –Applying –Funding –Attending –Repaying All of the information under the ‘life cycle’ tabs is designed to increase student aid awareness and promote equal access to education.

6 ‘MyFSA’ functionality within Student Aid on the Web Quick and Easy Registration Secure and Private Voluntary Enables Key Features

7 Student-Centered Information from Best-of-the-Web School Search Capability Financial Aid Wizard Scholarship/Grant Search College Savings Calculator On-Line College Applications w/ Pre-pop Pre-population of the FAFSA What are the key features of ‘Student Aid on the Web’?

8

9www.mapping-your-future.org

10 MYF’s vision is to be the leading public- service, collaborative provider of free information and services for schools and for students and families as they consider college, financial aid, careers, and financial literacy options. Vision

11 Chat Events  Live Internet chat sessions – group and one-on-one discussions  Wide variety of topics  Questions matched up to answers  Archives

12 Early Awareness  CareerShip  Make High School Count  Early Awareness E-News  Middle School PowerPoint  High School PowerPoint

13 Default Prevention  Online Student Loan Counseling  Financial Fitness Tools (10 Steps)  Calculators –Repayment –Consolidation –Budget –Debt/salary Wizard

14 Default Prevention  Student loan help –Loan Wizard –Deferment Navigator –Locating Your Loans page –Loan Forgiveness chart –PowerPoint Presentation

15 Online Student Loan Counseling  Stafford and Perkins entrance and exit  Default prevention tool  FAO Access Area  ExitExpress

16  Sponsors and schools: –CariAnne Cutshall Project/Team Coordinator (573) –Cathy Mueller Executive Director (940)  Students: Contact Us feature on site Mapping Your Future Contacts

17 Discussion  What do you wish students knew about financial aid when they first walked into your office?  What's the best way to get that information to them?  How can both FSA and Mapping Your Future better serve your students?

18 Technical Assistance We appreciate your feedback and comments! Jennifer Douglas: Tel: Adele Marsh: Tel: Student Aid on the WebMapping Your Future