graduate keys to financial aid scholarships & financial aid

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Graduate Keys to Financial Aid SCHOLARSHIPS & FINANCIAL AID

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Applying for Financial Aid Information provided is used to calculate the Expected Family Contribution (EFC). Must be completed annually  Free Application for Federal Student Aid (FAFSA) fafsa.ed.gov School Code  International Student Financial Aid Application (ISFAA)*  Texas Application for State Financial Aid (TASFA)* financialaid.tamu.edu * Funding programs are very limited. Submission of an application does not guarantee that aid will be awarded

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Page 1: Graduate Keys to Financial Aid SCHOLARSHIPS & FINANCIAL AID

Graduate Keys to Financial Aid

SCHOLARSHIPS & FINANCIAL AID

Page 2: Graduate Keys to Financial Aid SCHOLARSHIPS & FINANCIAL AID

Services We Provide

Advising on student aid Scholarships Grants Student employment Federal, state, institutional

and alternative loans Short-term loans Money management 24/7 access to financial aid

information Veteran Services

Page 3: Graduate Keys to Financial Aid SCHOLARSHIPS & FINANCIAL AID

Applying for Financial Aid

Information provided is used to calculate the Expected Family Contribution (EFC). Must be completed annually

Free Application for Federal Student Aid (FAFSA) fafsa.ed.govSchool Code 003632

International Student Financial Aid Application (ISFAA)*

Texas Application for State Financial Aid (TASFA)*

financialaid.tamu.edu

* Funding programs are very limited. Submission of an application does not guarantee that aid will be awarded

Page 4: Graduate Keys to Financial Aid SCHOLARSHIPS & FINANCIAL AID

Extenuating Circumstances

Adjusting the Expected Family Contribution Loss of employment or reduction of income Death or illness Medical or dental expenses not covered by

insurance Adjusting Cost of Attendance

Based on averages, may adjust to actual costs with documentation and justification

Other circumstances that result in a change in financial status

Contact our office for more information.

Page 5: Graduate Keys to Financial Aid SCHOLARSHIPS & FINANCIAL AID

Cost of Attendance Fall & Spring Semester 2015-16*

Resident Non-Resident

Tuition & Fees $6,726 13,872Loan Fees 146 146

Room & Board 10,950 10,950

Books & Supplies 1,066 1,066

Travel 622 1,150

Miscellaneous 2,574 2,574

$22,084 $29,758

*Based on 9 graduate credit hours per semester.

Must be adjusted for students enrolled less than full-time

Page 6: Graduate Keys to Financial Aid SCHOLARSHIPS & FINANCIAL AID

What else impacts my aid eligibility?

Financial aid eligibility is impacted by any funds that are provided to assist with educational expenses, including, but not limited to Fellowships Tuition payments Non-resident tuition waivers Veteran or other educational benefits

Page 7: Graduate Keys to Financial Aid SCHOLARSHIPS & FINANCIAL AID

howdy.tamu.eduMy Finances

Check the status of your aid Obtain and complete forms Accept or reject and process aid Calculate your loan payments

Page 8: Graduate Keys to Financial Aid SCHOLARSHIPS & FINANCIAL AID

Release of Funds

Financial aid can apply to the billing statement no sooner than 10 days before the first class day each semester, dependent upon your enrollment/registration.

Page 9: Graduate Keys to Financial Aid SCHOLARSHIPS & FINANCIAL AID

Financial Aid Refunds

Required: Direct deposit Financial aid, scholarships, and

fellowships in excess of balance owed to the University will be refunded to the student

Assistantships are not paid through this process, they are processed through Payroll.

Student Business Services processes all refunds. Be sure to sign up for direct deposit at howdy.tamu.edu

Page 10: Graduate Keys to Financial Aid SCHOLARSHIPS & FINANCIAL AID

Fellowship Disbursement Dates

Spring 2016    1/4/2016   January

1/22/2016   February2/22/2016   March3/24/2016   April 4/22/2016   May

Visit scholarships.tamu.edu for a list of these dates

Page 11: Graduate Keys to Financial Aid SCHOLARSHIPS & FINANCIAL AID

Financial Aid Delays

Incomplete file/missing documents Loan Entrance Counseling not complete Loan Master Promissory Note not complete Not enrolled in enough hours at Texas A&M

Full-time = 9 hours fall/spring, 6 summer Half-time = 5 hours fall/spring, 3 summer

Fellowship not yet posted by college/department Scholarship funds yet not received from donor

Page 12: Graduate Keys to Financial Aid SCHOLARSHIPS & FINANCIAL AID

Short-term Loans

Apply online at financialaid.tamu.edu

Short-term Loan FundsProvide assistance to students who experience temporary financial difficulty in connection with educational or educationally related expenses other than tuition and required fees.

Help students pay Texas A&M University tuition and required fees. This 90 day loan will be applied directly to the tuition and fee account.

Emergency Tuition & Fees Loans (ETFL)

Page 13: Graduate Keys to Financial Aid SCHOLARSHIPS & FINANCIAL AID

Maintaining Financial Aid Eligibility

Satisfactory Academic Progress (SAP)

Reviewed semesterly Policy and appeal process at

financialaid.tamu.edu General Requirements:

Cumulative GPR of 3.0

Must successfully complete 67% of all courses attempted*

Cannot exceed 150% of minimum hours required for admitted degree program*

* includes both TAMU and transfer coursework

Page 14: Graduate Keys to Financial Aid SCHOLARSHIPS & FINANCIAL AID

Looking Ahead

2016-2017 Apply for scholarships Renew your financial aid application Check your financial aid status online

and fulfill all requirements

Continuing Student Scholarships Apply at scholarships.tamu.edu Opens in October each year Deadline is February 1 each year

Make sure to check with your college or department

Page 15: Graduate Keys to Financial Aid SCHOLARSHIPS & FINANCIAL AID

Military Admissions, VSO and VRSC

Military Admissions: Responsible for helping veterans and their dependents

become admitted to the University. Koldus, Room 112

The Veteran Services Office (VSO): Responsible for veteran educational benefits,

scholarship and financial aid advising. Pavilion, Room 205

The Veteran Resource & Support Center (VRSC): Identifies, develops & provides uniquely tailored

resources for military affiliated students & their families Koldus, room 112.

For more information, visit veterans.tamu.edu

Page 16: Graduate Keys to Financial Aid SCHOLARSHIPS & FINANCIAL AID

Five Tips to Remember

It is not too late to apply Apply every year Check status online and A&M

email often Be aware of deadlines Interest rates on student loans

are lower than that of credit cards

Page 17: Graduate Keys to Financial Aid SCHOLARSHIPS & FINANCIAL AID

Contact Us

Scholarships & Financial Aid Texas A&M UniversitySecond Floor, The PavilionP.O. Box 30016College Station, TX 77842-3016(979) 845-3236Email: [email protected]: financialaid.tamu.edu

Counselors of the Day available from 8:00 a.m. to 5:00 p.m., Monday through Friday

FAFSA School Code: 003632

Page 18: Graduate Keys to Financial Aid SCHOLARSHIPS & FINANCIAL AID