1. Financial Aid for College The Application Process Financial Aid Programs

2. Academic Preparation Does the campus have my major? Campus Climate Is this campus a good fit? Financial Preparation Can I afford to go to this college? Do I have any money saved? What will the net price (cost minus financial aid) be? Check out the campus’ Net Price Calculator More information at studentaid.ed.gov Going to College is Exciting!

3. Tuition Required Fees Room Meals (Board) Books & Supplies Transportation Personal & Miscellaneous Loan Fees

4. General Eligibility Requirements for Financial Aid Regular student enrolled in a eligible program at an eligible college as a regular student Have high school diploma or equivalent or complete a homeschool program approved under state law Be a US citizen or eligible noncitizen Have a valid Social Security number If male, must be registered with Selective Service

5. General Eligibility Requirements for Financial Aid Not be in default on federal loan Not owe a repayment on a federal grant Not have property subject to lien for debt owed to US Not have been convicted or pled no contest to a crime involving fraud in obtaining federal aid funds Not have borrowed in excess of annual or cumulative loan limits Make satisfactory academic progress

6. Free Application for Federal Student Aid (FAFSA) – fafsa.gov College Scholarship Service Profile Form –collegeboard.com Institutional Financial Aid Application Scholarship Applications Common Financial Aid Forms

7. Free Application for Federal Student Aid (FAFSA)

8. Students and at least one parent whose information will be listed on the FAFSA need to sign electronic documents using the FSA ID. Apply for your FSA ID before completing the FAFSA

9. Which year’s FAFSA do I need? Enrolling for this termUse this FAFSA Spring 20172016-17 FAFSA Summer 2017Check with your campus – you may need the 2016-17 FAFSA or the 2017-18 FAFSA Fall 20172017-18 FAFSA

10. Student Demographics School Selection Dependency Status Parent Demographics Financial Information (both the student and parent(s) Signature and Confirmation

11. Dependent student: Student and parent(s) Independent student: Student (and spouse if married) Who Provides information on the FAFSA?

12. Name must match Social Security Administration records Correct and valid SS# Date of Birth must match Social Security Administration records Gender Permanent address Student Demographics

13. U.S. citizen or U.S. National Eligible Noncitizen –U.S. permanent residents –Citizens of Freely Associated States, Federated States of Micronesia, Republics of Palau and Marshall Islands –Asylum Granted –Parolee for at least one year –Refugees –Victim of Human Trafficking –Battered immigrants-qualified aliens –Conditional entrants –Cuban-Haitian entrant Citizenship Requirements

14. Students who are citizens or eligible noncitizens can still receive federal and state financial aid Parents who are not citizens should –Include their income and assets on the FAFSA –Use nine zeros as their Social Security numbers I’m a citizen, but my parents...

15. Born before 1/1/1994 Graduate or Professional Student Provide the support for your own children or other dependents Active Duty or Veteran If you answer “No” you are dependent for financial aid purposes

16. Any time since age 13 -Both parents deceased -Dependent or Ward of the Court In foster care any time age 13 or older Emancipated Minor Has a legal guardian other than parent or stepparent Unaccompanied youth who are homeless or at risk of homelessness – after July 1, 2016 If you answer “No” you are dependent for financial aid purposes

17. What is your parent’s marital status as of the day you complete the FAFSA? Married or Remarried Never Married Divorced or Separated Widowed Unmarried and both parents living together Parent Marital Status

18. Biological or adoptive parents married to each other Biological or adoptive parents who are not married to each other and are living together A single parent who is widowed or never married Separated/Divorced parents not living together – list the parent with whom the student lived most often – include stepparent information if the parent has remarried Don’t forget your stepparent’s information Who are your “FAFSA” Parents?

19. Student Student’s parent(s) Parent(s)’ other children if they will receive more than half of their support from the parent(s) from July 1, 2017 through June 30, 2018 or would be considered “dependent” if they filed a FAFSA Other people who now live with the parent(s) and who will receive more than half of their support from the parent(s) and will continue to receive that support between July 1, 2017 and June 30, 2018 Household Information

20. Students and parents provide information about taxable and untaxed income and benefits when filing the FAFSA Some tax filers may transfer data directly from the IRS using the IRS Data Retrieval Tool (IRS DRT) Student and Parent Income Information

21. If you, your parents, or anyone in your parents’ household receive benefits from any of these federal programs, you may not need to provide a lot of income information on the FAFSA Means-Tested Benefits Questions Supplemental Security IncomeMedicaid Free or Reduced School LunchSNAP TANFWIC

22. Common FAFSA Errors Mismatch on parent and student names, Social Security numbers, and dates of birth Misreporting divorced and remarried parental information Missing some income earned by parents or stepparents Missing some untaxed income Misreporting U.S. federal income taxes paid Household size errors Number of household members enrolled in college

23. Student Aid Report –Includes an estimate for Federal Pell Grant and Federal Direct Loan eligibility –Links to College Navigator for detailed information about the institutions selected, including graduation, retention and transfer- out rates Campus financial aid office gets your information After you submit your FAFSA

24. Saturday, October 29, 2016 9:00 a.m. to 12:00 p.m. at most locations Register at CFNC.org or call 866-866- CFNCCFNC.org FAFSA Day

25. Apply Early (after October 1) Meet your college’s deadlines Do not wait until you are admitted Complete all questions accurately Save your FAFSA answers for your own records Save your Confirmation Page for your own records Additional Tips

26. Federal Pell Grant –For the students with the lowest Expected Family Contribution Federal Supplemental Grant (FSEOG) –For students who also receive a Federal Pell Grant Federal Work Study –Need-based employment on campus or off campus in a community service setting TEACH Grant –You must meet certain teaching obligations or this grant becomes an Unsubsidized Loan. Federal Financial Aid Programs

27. Subsidized Loans are available, based on need, to undergraduate students only Unsubsidized Loans are not based on financial need, and are available to undergraduate and graduate/professional students PLUS can be borrowed by the parents of dependent undergraduate students or grad/professional students Federal Direct Loans

28. Interest Rates as of 7/1/2016 Undergraduate Students – 3.76% Graduate students – 5.31% PLUS (and GradPLUS) - 6.31%

29. *If not eligible for the Subsidized loan, you can borrow this amount in Unsubsidized loan. Independent students in the 1 st & 2 nd year can borrow an additional $4,000 Unsubsidized Loan. Independent students in the 3 rd & 4 th year can borrow an additional $5,000 Unsubsidized Loan Grade LevelSubsidized*UnsubsidizedAnnual Limit 1 st Year Undergraduate $3500$2000$5500 2 nd Year Undergraduate $4500$2000$6500 3 rd and 4 th Year Undergraduate $5500$2000$7500 Federal Direct Loans

30. Post 911 GI Bill Check with office designated to work with veterans on campus Other Federal Programs

31. UNC Need-Based Grant NC Community College Grant NC Education Lottery Scholarship for students attending either a community college or one of the UNC campuses Need-Based Scholarship for students attending independent, non-profit campuses North Carolina Grants

32. Questions?