1. Financial Aid
at CU Boulder

2. Beginning your journey…
Application for admission
Scholarship applications
CU Boulder Scholarship Application Due: February 15
Opens October 1st
Federal Financial Aid Application– FAFSA

3. Agenda
Cost of CU Boulder
FAFSA
Grants
Work-Study
Loans
Scholarships

4. 2017-18 Cost of Attendance Residents Anticipated Cost Notes
Tuition & Fees
$12,086
Arts & Sciences
Fulltime
COF Applied
On-Campus Housing
$13,998
Standard Double Room
Transportation
$936
Not Billed
Books and Supplies
$1,800
Personal
$1,358
TOTAL
$30,178

5. Evaluating Offers Understand Net Price Estimated vs. Actual
Research Other Expenses
College Expenses
Gift Aid
NET PRICE

6. Apply for Financial Aid
Complete the FAFSA online at
You must complete a new FAFSA each school year and most scholarships will require one to be completed!

7. FSA ID
Create an FSA ID to electronically sign the FAFSA
Parents and students need a separate FSA ID

8. What will I be asked? General Information School Information
Student/Parent 2016 Income
Untaxed Income
Assets
Sign with your FSA ID

9. FAFSA Tips
Use the IRS Data Retrieval Tool

10. FAFSA Tips 2. Know which parent’s info to use
If custodial parent is remarried, must include step-parent’s information
3. Try to complete the FAFSA in one sitting
Take your time and enter data correctly the first time!
Correcting mistakes is significantly difficult

11. We might need more info…
Tax Return Transcript
Non-filer Form
Household Verification
Asset Verification
Every school is different!
Make sure to check your . That’s how we will be communicating with you!

12. MAY 1- Confirmation Deadline
Anticipated Timeline
Mid-January
Financial Aid Estimates
Early February
Formal Awarding
February 15
CU Scholarship Deadline
Early March
Institutional Scholarship Decisions
MAY 1- Confirmation Deadline

13. Standard FAFSA Calendar
Halloween
Have FAFSA completed
Fall Break/Thanksgiving
Talk to the school, make sure file is complete
Fall Finals
You should never take a final without having financial aid in place for the upcoming school year!

14. Grants Gift Aid First Come, First Served
High Financial Need
Gift Aid
First Come, First Served
Usually designated for students who have high financial need as demonstrated by the FAFSA

15. Work Study Pays just like a normal job Most jobs are on-campus
High Financial Need
Pays just like a normal job
Most jobs are on-campus
Great for resumes!

16. Everyone can get student loans
Interest Rate: 4.45%
Fixed rate
Origination Fee: 1.069%
Limited dollar amounts!
6 month grace period

17. Private Student Loans When should I apply for a private loan?
Research your options
When should I apply for a private loan?
If you need additional resources after receiving your financial aid package
Compare & Contrast
Interest Rate
Origination Fee
Terms of Repayment

18. Parent Loans Research your options
Parent PLUS Loan is through Department of Education
Parents can borrow up to full Cost Of Attendance (COA)
Apply online at StudentLoans.gov
Interest Rate: 7.00%
Origination Fee: %

19. CU Boulder Scholarships

20. Automatic Consideration: Esteemed Scholars
CU Boulder Admissions Application is the application for Esteemed Scholars
Apply by January 15
Confirm by May 1

21. CU Boulder Scholarship Application
October 1st – February 15th
Located on your CU Portal
Apply every year

22. CU Boulder Scholarship Application
There are both need-based and merit-based awards, so everyone should apply
One general essay and resume automatically matches you to opportunities for which you are eligible
Some opportunities require additional essays or letters of recommendation. You may be able to apply for these additional scholarships after submitting the general application.

23. Tips and Tricks Limited time? Stay close to home and apply local
Apply, apply, apply! Don’t get discouraged
If you spend 10 hours working on one $1,000 application and get it – that’s $100/ hour!
Keep a calendar or set reminders for deadlines
Check with your references ahead of time before sending them a reference request.
Develop your resume
Be unique, but answer the prompt
Proofread your application
Beware of scams

24. Take Home Messages Start considering costs now
*Plan ahead
Apply for scholarships early
*Apply every year
Complete the FAFSA every year
*Many scholarships require the FAFSA

25. Something Change?
If something changes in your financial circumstance, we are always here to help!
We will be able to better serve you if you have two applications on file each year:
FAFSA Application
CU-Boulder Scholarship Application

26. Have questions? Walk-In Appointments: Phone: 303-492-5091
Regent Administrative Center
Monday-Friday 9am-5pm
Phone:
Website: colorado.edu/financialaid