1. Financial Aid

2. Visit us at: FINANCIALAID.UWM.EDU All your answers and more! PAWS tutorial Handbook

3. Everything Electronic FAFSA.gov FSAID.gov Studentloans.gov PAWS Email Website ePanther ID At UWM, from start to finish, the financial aid process is done electronically. Use your PAWS account and Email account regularly.

4. My FSA ID https://fsaid.ed.govhttps://fsaid.ed.gov New signature process for federal aid Must create your own personal account Electronic signature for FAFSA on the Web Can also be used for:  Renewal on the Web  Corrections on the Web  National Student Loan Database  Signing promissory notes for student loans (Perkins, Stafford, PLUS) 4

5. National Student Loan Database www.nslds.ed.gov www.nslds.ed.gov

6. Federal Stafford Student Loan Annual Loan Limits for Students  Graduate students are eligible for a total of $20,500 in unsubsidized loans per academic year  Graduate students may borrow up to $138,500 (includes undergraduate loans) Unsubsidized  Unsubsidized: need is not a consideration Interest Rate 5.31% for 2016-17 (changes every year)  Interest paid by student while in college  Interest payments can be deferred

7. Additional Financing Options  Scholarships  Fellowships  Assistantships Some outside sources of funding may affect your Financial Aid Award and must be reported to the Financial Aid Office  Grad PLUS Loan  Must Apply for separately  Based on Credit  Interest 6.31%  Similar to Unsubsidized loan  Can Consolidate with other Stafford loans

8. Credit Level We award on the assumption of 8 or more credits Students can still receive aid at as low as 4 graduate credits, but you need to update us about the planned credit level Aid will not disburse if credit level does not match  This protects students from over-awarding and under- awarding

9. Entrance Loan Counseling and Master Promissory Note » Required of all first time borrowers of Direct/Stafford Loan Program » Both completed online at www.studentloans.gov » Sign in with your FSA ID » Complete both Entrance Counseling and Master Promissory Note

10. Repayment of your Student Loans Studentloans.gov  Several repayment plans to consider: Length of Time, Ability to repay, Amounts Must complete Exit Counseling to sign up for repayment Consolidation Loan Forgiveness

11. S ATISFACTORY A CADEMIC P ROGRESS o Timeframe (credits attempted) of 200% o Pace (completion rate) of 50% o Please contact the Financial Aid Department if you are contemplating withdrawal of one course or all courses o Sometimes there is a negative impact on Financial Aid and students want to weigh their options

12. Questions? Stop In: Mellencamp Hall, Room 162 Department of Financial Aid, Student Employment, and Military Education Benefits Email: finaid.uwm.edu Call: (414) 229-4541 Website: Financialaid.uwm.edu Facebook: UW Milwaukee Financial Aid Department Twitter: @UWMfinaid Hours: Monday 8a-6p Tuesday-Friday 8a-4:30p Phone Advising and In-person advising: By appointment, call or stop in to set up.