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Financing A Cheyney Education 2016-2017 Office of Financial Aid Cheyney University of Pennsylvania

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Presentation on theme: "Financing A Cheyney Education 2016-2017 Office of Financial Aid Cheyney University of Pennsylvania"— Presentation transcript:

1 Financing A Cheyney Education 2016-2017 Office of Financial Aid Cheyney University of Pennsylvania 610-399-2302FinancialAid@wolf.cheyney.edu

2 Cheyney University of Pennsylvania Financial Aid Office 2 nd Floor Wade Hall 1837 University Circle Hours of Operation 8:30 – 5:00 Mon. – Fri. (610) 399-2302 financialaid@wolf.cheyney.edu www.cheyney.edu/financial-aid/index.cfm financialaid@wolf.cheyney.edu www.cheyney.edu/financial-aid/index.cfm

3 n The Cheyney University PRIORITY DEADLINE IS April 1st !!! n Cheyney University only requires the FAFSA form. Our school code is 003317. n The FASFA USERID will serve as your electronic signature when applying each year and to make corrections. Needed for both Student and or parent. copies or print outs Keep electronic copies or print outs of all documents submitted. espond university and appropriate agencies Respond to all requests for additional information from the university and appropriate agencies. CU verification is handled by The School Servicing Center (www.sscwp.org) n Double check that you are cleared for enrollment in late July/early August. n Maintain Satisfactory Academic Progress. n Reapply for financial aid beginning in October of each year.

4 Special Note to all Pennsylvania State Grant (PHEAA) Applicants ___________________________________________________  The PHEAA deadline is May 1 st of each year.  PHEAA has a separate Satisfactory Academic Progress Standard.  The application has two parts the first year; the FAFSA and a supplemental application. After hat only the FAFSA is required.  PHEAA grants are available for summer school.

5 Cheyney University Direct Charges Approximate Undergraduate Tuition  In-State: $4,700 semester with fees (F/T)  Out-of-State: $7,100 per semester with fees (F/T) Housing and Meal Plan Average  $4,900 – $6,000 per semester depending on meal plan and dorm arrangement

6 Students/Family Members Federal State College/University Private

7 Grants/Scholarships Low Interest Loans Student Employment

8 TYPES OF LOANS Federal Direct Stafford Loan Rate (subsidized and unsubsidized) 4.29 % fixed rate for 2015-16 loans PLUS loan 6.84% fixed rate Other Private Loans (Interest varies, credit check required, loans not eligible for federal consolidation) Deferments are possible on previous loans Master Promissory Note and Entrance interview must be completed once at www.studentloans.gov

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10   FAFSA on the Web www.fafsa.gov     Federal Loan Information www.studentloans.gov   Pennsylvania Higher Education Assistance Agency www.PHEAA.org   Financial Aid Information www.cheyney.edu/financial-aid/index.cfm

11 QUESTIONS? Visit the Financial Aid table in Ada Georges Hall!


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