1. Enrollment Management:
Admissions
Financial Aid
Scholarships
Marketing

2. Jonathan Boleratz, Director of Financial Aid
Webinar Series
Financial Aid Presentation
Jonathan Boleratz, Director of Financial Aid

3. Agenda Allegheny Scholarships Financial Aid Packages Payment Options
Next Steps

4. Allegheny Scholarships
Merit-Based
Amount Guaranteed
No Minimum GPA Requirement
Automatically Renewed

5. Financial Aid Packages
Listing of Financial Aid Options
Includes Merit and Need-Based Eligibility
Grant Assistance
Scholarships & Need-Based Grants
Self Help
Employment and Loans
Every student here this weekend will have a financial aid package.
No FAFSA -- Trustee Scholarship Only
FAFSA -- Trustee Scholarship + Stafford Loan + ?

6. FAFSA Application for need-based consideration
Federal, State, Allegheny Aid
Loan Options
Work Eligibility
FAFSA only form required
Used to determine eligibility for aid from a number of sources
File the FAFSA as soon after
January 1 as possible (on-line).

7. FAFSA – Update IRS Data Retrieval Tool Links federal tax info to FAFSA
Provides most accurate data
Recommended for everyone
Required for verification
FAFSA only form required
Used to determine eligibility for aid from a number of sources
Go to

8. Grant Assistance Federal Pell Grant State Grants Allegheny Grant
Federal SEOG
State Grants
PHEAA Grant (need-based) – estimated maximum for award is $3,928
DE ($1,000) , MA ($300), OH ($600), VT ($700), WV ($600)
Allegheny Grant
Pell -- Lower Income, Higher Need students
Robert C. Byrd, Academic Excellence Scholarship, Sci-Tech Scholarship

9. Student Employment Federal Work Study Campus Employment Need-Based
Jobs Available On- and Off-Campus
Given Preference in the Hiring Process
Campus Employment
Jobs Available On-Campus Only

10. Student Loans Federal Direct Stafford Loan
Subsidized and Unsubsidized (4.29% for )
Origination fee 1.068%
Federal Perkins Loan – 2 Years Left
Subsidized – 5% Fixed (no origination fee)
Private (Alternative) Student Loan
Co-Signer Required ~ Variable or Fixed Rates
Interest Rates Vary Based on Co-Signer Credit Worthiness

11. Private Scholarships Quick Stats (per student) Mean $4,973.45 Median
$3,000
Range
$120-$43,410
Quick Facts
20 students had 4 or more private scholarships
One student had 8 private scholarships
331 Total Students

12. Payment Options Pay Balance Due Each Semester
5-Month Semester Payment Plan
No Interest – $45 enrollment fee/semester

14. Payment Options Federal Direct PLUS Loan
Payments Begin After Full Disbursement or Deferred until after Graduation
6.84% Fixed for
Origination fee 4.272%
Combination of two or more payment options

15. Next Steps Review Financial Aid Package Ask Questions Visit Campus
Submit Deposit No Later Than May 1
Use IRS Data Retrieval Tool
Submit Verification Information (if required)

16. Next Steps Apply For Loans (June, July)
Choose Payment Options (June, July)
Review Statement of Account (July)
Complete Employment Paperwork (July)
Become part of the Allegheny Community! (August)

17. Reminders File Forms on Time FAFSA Needs Renewed Each Year
Call or with Questions
Financial Aid is a Team Endeavor
Student, Parent, Financial Aid Staff

18. Questions?
(800)

19. Enrollment Management:
Admissions
Financial Aid
Scholarships
Marketing