Financial Aid Profile Day 2013 209.946.2421 

Slides:



Advertisements
Similar presentations
Financial Aid Preview Days Fall 
Advertisements

Student Financial Services SOAR/Family Orientation 2014.
Financing a Michigan Tech Education Presented by the Michigan Tech Financial Aid Office.
Financial Aid Financial Literacy Spring 
Financial Assistance Overview Presented by Joanne Graziano Executive Director for Enrollment Services LIU Post.
Presented by: Office of Financial Aid. A4400 UNIVERSITY CENTER TALLAHASSEE, FL Office Hours 8:30 AM-5:00 PM PHONE – (850) FAX - (850)
What You Need to Know about Financial Aid Financial aid is funds provided to students and families to help pay for postsecondary educational expenses.
Welcome to Make Neumann Your Choice….  Visit the website Not Not
Provided by Discussion Topics  Types of Aid  How to Apply  How aid is awarded.
Financial Aid University of Akron Wayne College. What is financial aid? Any assistance used to reduce the amount you must pay Grants Loans Work-Study.
Welcome To FIN AID 101.  Visit the website Not Not
Paying for college Financial aid overview
Applying for Financial Aid Is it Worth the Trouble? Yes! More than $3 billion was awarded to students attending college in Texas.
FINANCIAL AID Professional Pharmacy Program University of the Pacific
FINANCIAL AID APPLICATION PROCESS Six Steps to Financial Aid.
THE FINANCIAL AID JOURNEY. FAFSA  Free Application for Federal Student  Completed for each school year.
N EXT S TEPS TO C OMPLETE THE F INANCIAL A ID P ROCESS 2012 Parent Programs.
Financial Aid Preview Days Fall 
Financial Aid Information Award Year Admitted Student Day 1.
Fall 2012 Open House. Scholarships Institutional aid Federal student aid The aid application process Topics for Discussion:
What You Need to Know About Financial Aid. Topics We Will Discuss Tonight What is financial aid? How do you apply? Forms? Deadlines? How is eligibility.
UNM-Valencia Financial Aid. What Is Financial Aid? Scholarships Grants Loans Student Employment opportunities.
2014 Open House Financial Aid. Overview LMU at a glance Types of available aid The aid application process Connecting with the Financial Aid Office Additional.
 Principles of Financial Aid  Key Concepts  Completing the FAFSA  Types of Aid Available  Comparing Aid Offers & Net Price Calculators.
1 What College Bound Students Need to Know After They File the FAFSA 2013.
FREE APPLICATION FOR FEDERAL STUDENT AID FAFSA. WHAT IS THE FAFSA? Free Application for Federal Student Aid Administered by the office of Federal Student.
Financial Aid 101 EVERYTHING YOU NEED TO KNOW ABOUT FINANCIAL AID.
Financial Aid Workshop Ms. Medina CAP Advisor John A. Ferguson Senior High.
Family Orientation: Money Matters for Families  Office of Student Financial Services  Office of the Bursar.
Scholarships & Financial Aid Whitney Hall Office of Financial Aid,UAB INFORMATION IN THIS PRESENTATION IS TIME-SENSITIVE Please note that the websites,
 To assist students in paying for college.  To provide opportunity and access to higher education.  To help “bridge” the gap between what the family.
Free Application for Federal Student Aid (FAFSA)
THE FINANCIAL AID JOURNEY. FAFSA  Free Application for Federal Student  Completed for each school year.
Understanding Financial Aid Grafton High School Margaret Zitzer Monday, January 13, 2014.
Financial Aid / Student Loans. Student Loans  a loan obtained to pay for education bills in which the payments are delayed until after graduation.
WHAT YOU NEED TO KNOW ABOUT FINANCIAL AID
Monticello High School College Planning Night September 2014.
Financial Aid Workshop
Financial Aid Profile Day Spring 
Visit Your School’s Financial Aid Website! Contact the Financial Aid Office if You Need Additional Information! Complete ALL Paperwork Carefully. Read.
National Association of Student Financial Aid Administrators © NASFAA 2008 What You Need to Know About Financial Aid.
MORGAN A. KELLY DIRECTOR, STUDENT FINANCIAL ASSISTANCE SACRED HEART UNIVERSITY College Financial Aid Night.
College Cost UNDERSTANDING THE FINANCIAL AID PROCESS.
Financial Aid Preview Days Fall 
University of Missouri Financial Aid 11 Jesse Hall Columbia, MO / (MO,KS,IL)
Financing your Education How am I going to pay for this? The Free Application for Federal Student Aid (FAFSA) If applying for Financial Aid, this form.
FINDING MONEY FOR COLLEGE Financial Aid High School Night At Eastwood High School Eric Bucks Student Financial Aid Bowling Green State University.
Financial Aid 101 EVERYTHING YOU NEED TO KNOW ABOUT FINANCIAL AID.
Presented by: Beth Howard Financial Assistance Meredith College.
FINANCIAL AID 3 EASY STEPS Amy Gooden- Muskingum University.
Financial Aid Information Award Year Admitted Student Day 1.
Hands on Banking ® Financial Education Paying for College © 2016 Wells Fargo Bank, N.A. All rights reserved.
Financial Aid Dominican Financial Aid Awards Federal, State and Dominican Grants Merit Award Student Employment Stafford Loans.
WELCOME Financial Aid Overview Office of Student Financial Aid 0210 Beardshear Hall (515)
Interpreting Financial Aid Awards Presented by: Laura Meek Director of Financial Aid Ohio Dominican University.
Welcome to.  Visit the website Not Not
Financial Aid 101 Valerie Jensen Assistant Director, Counseling and Outreach Office of Student Financial Services.
Taking Care of Business Financial Aid & Student Accounts.
Torrance Unified School District Financial Aid Workshop Presented by: Catherine Graham Director of Financial Aid Loyola Marymount University.
University of the Pacific
Appalachian State University Office of Student Financial Aid
Everything you need to know about paying for college!
Welcome to Financial Aid Information Night
Southern Oregon University Financial Aid Office
Professional Pharmacy Program University of the Pacific
Direct Costs Per Semester
The Financial Aid Process
An Overview of Financial Aid
Admitted Transfer Day Financial Aid & Scholarships
Student Aid Report (SAR)
Presentation transcript:

Financial Aid Profile Day 

Financial Aid at Pacific  Total Aid: >$150 million (Stockton campus, )  Includes over $70 million in University funds  More than 80% of our students receive financial aid  Financial aid includes  Scholarships and grants  Loans  Work-study

Need-Based Grants & Scholarships  Federal Pell Grant  Federal SEOG  Cal Grant A / Cal Grant B (California residents)  University Grants/ UOP GRANT

Federal Student Loans & Work-Study  Federal student loans  Low interest rates and generous repayment terms  Repayment begins after the student leaves school and the grace period has expired  Federal work-study  Part-time employment during the school year

Parent Resource  Federal PLUS Loan (Application Online)  For parents of dependent undergraduate students  Loans are approved based on credit history  7.9% interest rate  FAFSA is required  If the loan is denied: We can offer the student additional Unsubsidized Loan eligibility up to $ Obtain a co-signer/endorser

Financial Eligibility Estimated academic year Costs of Attendance  Tuition and other actual and estimated costs (minus) Expected Family Contribution (EFC)  Calculated on the basis of FAFSA information using formulas prescribed by the federal government = Financial Need  Most aid is for students who demonstrate financial need  Exceptions: PLUS Loan (parents), Unsubsidized Stafford Loan Your eligibility can vary from school to school!

In summary...  Financial aid “package”  Students often qualify for funds from more than one financial aid program, thus a financial aid package  Scholarship recipients may qualify for aid in addition to the academic award

Documentation  Federal Student Aid Report (SAR)  Check carefully against completed 2012 tax returns and submit corrections if necessary  California Aid Report (CAR)  Notifies Cal Grant recipients of award value  Financial Aid Award  Pacific has started sending award letters via the Student Pacific .  Follow all instructions for receiving the funds awarded

2012 Verification : Pacific is a 100% verification institution. Documentation is required for all incoming students to verify aid eligibility and ultimately the disbursement of financial aid. Once your 2012 Federal Taxes have been filed, you may opt to use the IRS data retrieval tool to update your FAFSA. Copies of W-2 forms (if any) will still be required to complete the student’s file. A “non-filers statement” is available online for those parents and students who are not required to file a tax return.

2012 Verification (cont.) Once your 2012 Federal Taxes have been filed, order a copy of the 2012 Federal Tax Return Transcript at: under “Order a return of Account Transcript”. The Transcript will be mailed to you. Please provide Pacific a copy of the transcript and W-2 forms. If taxes will not be filed students and parents will have the opportunity to compl ete a “non-filers statement” online via insidePacific

Student Award Notification

Your Financial Aid Information

Financial Aid Tab Under Academic Services

The Financial Aid Menu

Financial Aid Detail All free money will be noted as “accepted” all other programs will require student action to accept or decline

Required Documents

Additional Information About Loans Student and Parent A master promissory note and an entrance counseling session will be required of all new borrowers. These requirements are completed online at: First day to complete will be July 1.

Importance of Accepting your FA Affects billing Impacts University Payment plans Loans take time (2-3 Business days) Master Promissory Note Entrance Counseling Disbursement

Financial Literacy The University of the Pacific has developed a series of workshops to provide students a foundation for a balanced financial future. Topics include: Developing a realistic budget Knowing student loan rights and responsibilities Make the most of the student loan grace period Paying the interest that accrues on your loans during periods when payments aren’t required Understanding and limiting credit card use

Need help? Contact us: Financial Aid Office  Knoles Hall Open Monday–Friday, 8:30–5:00 Counselors available (except Wednesday mornings) 9:30–12:00 and 1:00–4: