financial aid · “money you work for” →students must state interest on the fafsa →funding...
TRANSCRIPT
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Financial Aid
FUTURE ROADRUNNERS
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Will Moody
Hey, I’m
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StateAid
FederalAid
UTSA Institutional
Aid
Grants → Scholarships → Work Study → Loans
Financial AidTypes of
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FA L L T E R M
DeadlinesFinancial Aid
January 15Priority Deadline
S P R I N G T E R M November 11Priority Deadline
Oct 1FAFSA Opens
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Apply for a
FSA IDFill out the
FAFSAFile FAFSA
Every Yearstudentaid.ed.gov www.fafsa.ed.gov Opens Oct 1
Financial AidApplying for
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Income Tax1040, 1040A, 1040EZ
IdentificationFSA IDs, SSN,
Birthdate, Name
Bank AccountsSaving & Checking
Information
Real EstateBusiness, farm, real
estate records (not the home you live in)
InvestmentRecords of stocks, bonds, investments
W-2sWage and Salary
What you NeedInfo to Gather
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Online
FAFSAApplication
IRS
TaxForms
Retrieval ToolIRS Data
An Easier Way to Fill out your FAFSA!
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Special Circumstancesand Professional JudgmentSee your institution’s Financial Aid Office
Dependent vs
Independent
Age of Oldest Parent
Income & Assets
Household Size
Number in College
What is EFC?Expected Family Contribution
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Cost of Attendance
(COA)
Financial Need
Expected Family
Contribution(EFC)
Financial NeedDetermining Your
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Tuition and Fees $9,900
On-Campus Housing & Meals $11,578
Books + Supplies $1,500
Transportation $676
Personal Expenses $1,836
Total Estimates COA $25,490
18-19 ESTIMATED FULL-TIME (Fall/Spring)Texas Resident, Living on Campus
Costof Attendance
Your costs will vary but
this is what UTSA uses
to determine Financial
Aid Awards.
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Must Submit a FAFSA!
GrantsType of Aid
“Free Money”
→ Federal Pell Grant
→ Federal SEOG Grant
→ Texas Public Education Grant (TPEG)
→ Texas Excellence Grant
→ UTSA Grant
→ TEACH Grant
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Merit vsNeed-Based
ScholarshipsType of Aid
“Free Money”
→ UTSA General Scholarship Application
→ On ApplyTexas!
→ Deadline: Jan 1 (freshmen) Feb 15 (transfer)
→ Major/College Specific
→ utsa.edu/scholarships
→ Local/Outside Scholarships
→ High School or Community
→ fastweb.com
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“Money You Work For”
→ Students must state interest on the FAFSA
→ Funding based on demonstrated financial need
→ Eligible students should coordinate with the
Career Center to find on-campus employment
→ Positions are not guaranteed.
→ May not work more than 15 hours per week
→ Funds are limited and paid as earned
Work-StudyType of Aid
Make sure to Tell us!
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LoansType of Aid
“Money You Pay Back”
→ Federal Subsidized Stafford Loan
→ Federal Unsubsidized Stafford Loan
Separate Application Required
→ Federal Parent PLUS Loan
→ Alternative Loan
Think Financial Literacy
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Reduce Amount
Borrowed
Responsible Borrowing
Loan Portfolio
Borrow What you
Need
Exhaust Federal Aid
First
Money SmartsFinancial Literacy
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Graduate on TimeFinish in 4 Years
Course CompletionComplete your Classes!
Make the GradesMaintain 2.0 GPA
Keep EligibilitySatisfactory Academic Progress
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One StopUTSA