1. Office of Student Financial Aid and Enrollment Services

2. Types of Aid Institutional Aid State Aid Federal Aid
Grants Scholarships Work Study Loans

3. Applying for Financial Aid
Apply for a PIN
Fill out the FAFSA
File FAFSA every year
January 1st – March 15th

4. Information to Gather Income Tax (1040, 1040A, 1040EZ) W-2’s
PIN numbers, SSN, date of birth, name
Saving and checking account information
Records of stocks, bonds, investment
Business, farm, real estate records (Not the home you live in)

5. Submit FAFSA Using Estimated Figures

6. Financial Information-IRS Data Retrieval Tool

7. Information Used to Determine the EFC
Dependent Vs. Independent
Income & Assets
Household Size
Number in College
Age of Oldest Parent
Special Circumstances & Professional Judgment
See your institution’s Financial Aid Office

8. Cost of Attendance (COA)
Full Time Fall / Spring Undergraduate
Living On-Campus
Tuition and Fees (based on 15 hours per term)
$9082
Books (based on 15 hours per term)
$1000
Room and Board (average)
$9635
Transportation (average)
$670
Personal / Miscellaneous (average)
$1836
Total Estimated Cost of Attendance
$22,223
Every school has COA
Most costs the same except Tuition and Fees
Control costs (examples)
So how do you get financial aid?

9. How Schools Determine Awards need= types of aid awarded
Grants Scholarships Work Study Loans
Once submit FAFSA, govn’t determines EFC
School takes COA (the costs we just talked about) minus the EFC to determine need
Need determines type of aid
Remember? Grants/scholarships… __ __
___
COA-EFC=NEED
need= types of aid awarded

10. UTSA Awarding Philosophy
Availability of Funds
Demonstrated Financial Need
Academic Performance
New Student Admittance to the University by March 15 for Fall Semesters
UTSA's Receipt of a FAFSA by March 15
For General Scholarships: Receipt of the General Scholarship Application by February 15
Once submit FAFSA, govn’t determines EFC
School takes COA (the costs we just talked about) minus the EFC to determine need
Need determines type of aid
Remember? Grants/scholarships…

11. Grants Texas Excellence Grant: UTSA Grant:
First degree-seeking Undergraduates
Date of FAFSA is considered
Graduated HS recommended or distinguished
Have EFC of $4000 or less
Must be a Texas resident
Must enroll at least ¾ time
Making Satisfactory Academic Progress
UTSA Grant:
Must be a Texas Resident
Need based

12. Scholarships www.applytexas.org College Specific UTSA- February 15th
Merit, Need Based
High School or Community Specific
College Specific
UTSA- February 15th
Major Specific
Outside Scholarships

13. Work Study Must state interest on FAFSA
Awarded to students with demonstrated need
Funds are limited and paid as earned
Student should coordinate with the Career Center to find
on-campus employment
Positions not guaranteed

14. Loans
Subsidized Stafford Loan: Interest is paid by Department of Education while you are in school
Maximum for freshman year = $3500
Unsubsidized Stafford Loan: Interest begins to accrue when the loan is taken out, so students must decide to make interest payments or allow interest to roll into principle balance
Maximum Sub/Unsub combined per year = $5500
Parent PLUS Loan: Parent credit worthiness is assessed; repayment begins 60 days after the second disbursement
Alternative Loan: Credit worthiness; Variable credit

15. Responsible Borrowing
Reduce Amount Borrowed
Exhaust Federal Aid First
Borrow Only What You Need
Loan Portfolio
Reduce the amount of loan money needed
Submit FAFSA early  by March 15th increases opportunity for GRANT funding!
Search and apply for scholarships, fellowships, etc.
Exhaust Federal Aid first
Federal Subsidized / Unsubsidized Stafford Loans
Federal Parent PLUS
Borrow only what you need
Keep a loan portfolio
Types of loans borrowed, and from what lender
Cost of loans (principal, interest, and frequency of capitalization)

16. Satisfactory Academic Progress
GPA
Maintain a 2.0 cumulative GPA
Course Completion
67% completion rate of attempted hours
Maximum hours
Maximum hours attempted must not exceed 150% of attempted hours
120 hours
x 1.5 =
180!
The ability to obtain Financial Aid is great, but it’s not an entitlement. To keep aid, you must meet SAP.

17. Contact Us! The University of Texas at San Antonio
Office of Student Financial Aid and Enrollment Services
One UTSA Circle
San Antonio, TX
(210)