Florida Atlantic University Transfer Expo The Financial Aid Process Presented by Derek Phillips, Coordinator Financial Aid Office

What is Financial Aid? Money to pay for college or career school Scholarships Scholarships Grants Grants Employment opportunities Employment opportunities Loans Loans

Who can get federal student aid? General Student Eligibility Criteria: General Student Eligibility Criteria: Must be enrolled or accepted for enrollment in eligible program of study Must be enrolled or accepted for enrollment in eligible program of study Must be pursuing degree, certificate, or other recognized credential Must be pursuing degree, certificate, or other recognized credential Must be U.S. citizen or eligible noncitizen Must be U.S. citizen or eligible noncitizen Must be registered with Selective Service (if male and required) Must be registered with Selective Service (if male and required) May not have eligibility suspended or terminated due to drug-related conviction May not have eligibility suspended or terminated due to drug-related conviction

Free Application for Federal Student Aid (FAFSA)  Required by ALL financial aid offices  Required to obtain federal and most state aid  Deadlines vary from school to school  Several filing methods: − Mail – obtain form through high school guidance counselor or the college financial aid office; − Web – − Tip: Filing online will speed processing by 1 to 2 weeks and will help you avoid making common errors.

What information do I need to complete a FAFSA accurately? Your Social Security number and parents’ numbers, if you’re a dependent student. Your Social Security number and parents’ numbers, if you’re a dependent student W-2 forms and other records of money earned by you and your parents W-2 forms and other records of money earned by you and your parents. Your 2011 Federal Income Tax return. Your 2011 Federal Income Tax return. Your parents 2011 Federal Income Tax Return (if you’re a dependent student). Your parents 2011 Federal Income Tax Return (if you’re a dependent student). Your 2011 untaxed income records (i.e., social security payments) Your 2011 untaxed income records (i.e., social security payments) Your current bank statements and investment records. Your current bank statements and investment records. Your alien registration card (if you are not a U.S. citizen). Your alien registration card (if you are not a U.S. citizen).

Student Financial Aid PIN Registration Web site: Web site: Can get PIN before January 1, 2012 Can get PIN before January 1, 2012 Not required, but speeds processing Not required, but speeds processing May be used by students and parents throughout aid process, including subsequent school years May be used by students and parents throughout aid process, including subsequent school years

FAFSA on the Web Web site: Web site: FAFSA available on or after January 1, FAFSA available on or after January 1, 2012 Pre-Application Worksheet & built-in edits to help prevent costly errors Pre-Application Worksheet & built-in edits to help prevent costly errors

7 Easy Steps for Transferring Students Complete Admissions process & meet with a Academic advisor Complete Admissions process & meet with a Academic advisor Contact your old & new financial aid office Contact your old & new financial aid office Contact the lender (or holder) of your student loans Contact the lender (or holder) of your student loans Maintain Continuous Enrollment Maintain Continuous Enrollment Transfer your FAFSA (FAU School Code E00584) Transfer your FAFSA (FAU School Code E00584) Transfer your Bright Futures File (FAU School Code 501) Transfer your Bright Futures File (FAU School Code 501) Familiarize yourself with the university website (MyFau) and deadline dates Familiarize yourself with the university website (MyFau) and deadline dates

Basic Application Flow 1. Student and school receive FAFSA information from federal processor (student receives the Student Aid Report (SAR) and school receives information electronically) 2. School matches admission records for financial aid application and determines eligibility 3. FAU s award notification to student’s FAU address. 4. Student accepts or declines awards using online process by logging into MyFAU.

FEDERAL PROGRAMS Federal Pell Grant Federal Pell Grant Federal Supplemental Educational Opportunity Grant (SEOG) Federal Supplemental Educational Opportunity Grant (SEOG) Teach Grant ( Teach Grant ( Iraq & Afghanistan Service Grant Iraq & Afghanistan Service Grant Federal Perkins Loan Federal Perkins Loan Federal Direct Loans Federal Direct Loans Federal Work Study Federal Work Study

STATE PROGRAMS FINANCIAL AID SOURCES FOR FLORIDA STUDENTS FINANCIAL AID SOURCES FOR FLORIDA STUDENTS –Florida Student Assistant Grant (FSAG) –Florida Resident Access Grant (FRAG) –Bright Futures Scholarship –First Generation Matching Grant Program –Florida Fund for Minority Teachers Program –Jose Marti Scholarship Challenge Grant Fund –Rosewood Family Scholarship Fund –Mary McLeod Bethune Scholarship –Scholarships for Children of Deceased or Disabled Veterans

BRIGHT FUTURES Change of Information An applicant must notify the Office of Student Financial Assistance of any change in name, address, or institution attended. A student may update information in the following ways: By accessing and updating the student record on the Office of Student Financial Assistance website at By accessing and updating the student record on the Florida Bright Futures Scholarship Program website at using the assigned Bright Futures Logon ID and PIN numbers; or By calling the Office of Student Financial Assistance toll free at

FAU Scholarships There are a host of scholarships available to assist students with their educational expenses. Review scholarships at and fau.edu/admissions There are a host of scholarships available to assist students with their educational expenses. Review scholarships at and fau.edu/admissions 1. Freshman/Transfer/International Scholarships 1. Freshman/Transfer/International ScholarshipsFreshman/Transfer/International ScholarshipsFreshman/Transfer/International Scholarships 2. General Scholarships 2. General ScholarshipsGeneral ScholarshipsGeneral Scholarships 3. Other Scholarships 3. Other ScholarshipsOther ScholarshipsOther Scholarships 4. Pepsi Cola Scholarships 4. Pepsi Cola ScholarshipsPepsi Cola ScholarshipsPepsi Cola Scholarships 5. Prestige Scholarships 5. Prestige ScholarshipsPrestige ScholarshipsPrestige Scholarships 6. Community Foundation Scholarship Program (Broward County) 6. Community Foundation Scholarship Program (Broward County)Community Foundation Scholarship ProgramCommunity Foundation Scholarship Program 7. Community Foundation Scholarship Program (Miami-Dade County) 7. Community Foundation Scholarship Program (Miami-Dade County)Community Foundation Scholarship ProgramCommunity Foundation Scholarship Program 8. Scholarship Search Engine (Student Aid on the Web) 8. Scholarship Search Engine (Student Aid on the Web)Scholarship Search EngineScholarship Search Engine

Private Scholarship Search Free Internet scholarship search engines: FinAid on the Web: FinAid on the Web: FastWeb: FastWeb: College Board: College Board: FAU: FAU: fau.edu/finaid State Financial Aid Resources: 2college.org State Financial Aid Resources: 2college.org 2college. 2college.

INTERNATIONAL STUDENT SCHOLARSHIPS International Education Financial Aid International Education Financial Aid Edupass Edupass General Information General Information Leo S. Rowe Pan American Fund (Interest Free Loans for Latin American and Caribbean Students) Leo S. Rowe Pan American Fund (Interest Free Loans for Latin American and Caribbean Students)

Military If you are in the armed forces or have family members in the service, visit these sites to find out more about grants, repayment, and forgiveness options. If you are in the armed forces or have family members in the service, visit these sites to find out more about grants, repayment, and forgiveness options

Stafford Loans Subsidized: Must demonstrate “need” Subsidized: Must demonstrate “need” Unsubsidized: Not based on “need” Unsubsidized: Not based on “need” Base annual loan limits (combined subsidized and unsubsidized): Base annual loan limits (combined subsidized and unsubsidized): –$3,500 for 1st year undergraduates –$4,500 for 2nd year undergraduates –$5,500 for each remaining undergraduate year –$8,500 for each year of graduate/professional study

Stafford Loans Additional unsubsidized loan eligibility for independent undergraduate, graduate, and dependent students whose parents are unable to borrow PLUS: Additional unsubsidized loan eligibility for independent undergraduate, graduate, and dependent students whose parents are unable to borrow PLUS: –$6,000 per year for 1st and 2nd year undergraduates –$7,000 per year for remaining years of undergraduate study –$12,000 per year for graduate/professional study

Things you should know about FAU MyFAU To View Financial Aid Information: To View Financial Aid Information: Log on to MyFAU Log on to MyFAU Click on the Money Matters tab Click on the Money Matters tab Click on “View Financial Aid Information Click on “View Financial Aid Information Short Term Advance You must be a currently enrolled degree- seeking half-time FAU student. Funds will be directly deposited into the student's bank account. Direct Deposit of funds is preferred to go to Bank Atlantic accounts. However, FAU is able to directly deposit your Short Term Advance into your existing financial institution. Short Term Advance You must be a currently enrolled degree- seeking half-time FAU student. Funds will be directly deposited into the student's bank account. Direct Deposit of funds is preferred to go to Bank Atlantic accounts. However, FAU is able to directly deposit your Short Term Advance into your existing financial institution.Short Term Advance Short Term Advance No Paper-Checks will be issued. No Paper-Checks will be issued.

SUMMARY REMEMBER! APPLY EARLY APPLY EARLY BE ACCURATE BE ACCURATE ASK QUESTIONS ASK QUESTIONS FOLLOW UP FOLLOW UP REVIEW STATUS ON ONLINE REVIEW STATUS ON ONLINE

Good Luck!