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LONGHORNS GUIDE TO FINANCIAL AID http://finaid.utexas.edu
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www.fafsa.ed.gov Complete FAFSA each year by the priority deadline: March 31st
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Check Finaid Status Online via CASH http://finaid.utexas.edu/cash Review & submit your Financial Aid award notice Complete any requirements: Entrance Counseling Documentation needed FERPA privacy release Direct deposit authorization Report scholarships Review the status of your funds release
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EFAN = Award letter Cost of Attendance (COA) Program cost Financial aid assists you in paying this cost
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Type of Aid Available LOANS ONLY! If awarded grants, contact Linda Morgan (512-475-6244) immediately!
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Student Loans - Getting Started Use your FAFSA PIN to gain access Requirements listed on “My Profile”
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Complete Entrance Loan Counseling Takes 20-30 minutes to complete Loans will NOT voucher until the counseling requirement is satisfied
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Subsidized/Unsubsidized Direct Loans – Master Promissory Notes
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Remain Eligible for Financial Aid Maintain at least half-time enrollment (6 hours/semester). Maintain 3.0 cumulative GPA. Report scholarships. Report tuition assistance received from employer. Use employer reimbursement to pay following semester’s cost.
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Fall T&F bill How Will You Pay For It? See your “My Tuition Bill” page UT Direct Click “Confirm Attendance” Due August 30 th by 5:00pm
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“My Tuition Bill “ via UT Direct After You must select a payment option in order to secure your classes Red means classes are not secured Green means classes are secured Before
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Disbursement of Aid When is aid released? At the start of each semester See “Funds release” via CASH page What is paid? Any outstanding UT debt (i.e. program fee) Where does remaining aid go? See “Where’s my Check” via UT Direct or “Funds Release” via CASH NOTE: In most cases, there are no remaining funds
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Things to Remember Apply for FAFSA each year by March 31 FERPA privacy release authorization Always check your CASH page Read all mail / e-mail Submit all required documentation Complete Direct Loan promissory notes & entrance counseling online at: https://studentloans.gov
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http://finaid.utexas.edu Find us on Facebook: University of Texas at Austin Financial Aid Office Longhorns Guide to Financial Aid Linda Morgan (512) 475 - 6244 Student Services Building (SSB) 3 rd Floor
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