FINANCIAL AID TRIO CONNECTIONS OF CENTRAL FLORIDA BREAK Financial - - PowerPoint PPT Presentation
FINANCIAL AID TRIO CONNECTIONS OF CENTRAL FLORIDA BREAK Financial aid is money received from state and federal DOWN governments, private sources and non-profit organizations that is awarded to assist students in paying for college tuition
TRIO CONNECTIONS OF CENTRAL FLORIDA
Financial aid is money received from state and federal governments, private sources and non-profit organizations that is awarded to assist students in paying for college tuition and
U.S. citizen or eligible noncitizen High school diploma
Eligible degree/certificate program in college/career school Valid Social Security number Males registered for Selective Service Satisfactory academic progress in college/career school
Grants ants – Do not need to be repaid *
Student Loa ent Loans ns – Must be repaid, plus interest
ederal al Wor
k Study – Money is earned in the form
campus
school’s Work Study office and apply
Scholar holarships ships – Merit or need based. Do not need to be repaid
Fed eder eral P al Pell ell Gr Gran ant t Awar ards ds
undergraduates to promote access to higher education.
enrollment status and whether or not the student attends for a full academic year or less. Fed eder eral Supp al Supplemen lemental Educ tal Educationa tional l Op Oppo portun tunity ity Gr Gran ant t (F (FSEOG) SEOG)
intended to college to see if they offer it.
Perkins Loans Direct Subsidized Direct Unsubsidized Direct Plus Direct PLUS for Graduate and Professional Students
Subsidiz Subsidized ed Loans Loans
who demonstrate financial need.
pays the interest while you are enrolled in school and for certain designated periods. Unsubsidiz Unsubsidized ed Loans Loans
graduate students.
Not based on financial need.
throughout the duration of the loan.
Repayment of federal loans begins 6 months after graduation!
Par aren ent PL t PLUS US
for their children’s educational expenses.
student aid eligibility. Pr Prof
essiona ional l De Degree ee/ / Gr Grad adua uate te Stu Stude dents nts
degree seeking students to borrow towards their education.
requirements.
Academic (Based on GPA) Athletic (Awarded to student athletes by colleges) Career Oriented Private Donor Foundation or school scholarships
BRIGHT FUTURES REQUIREMENTS
Earn a standard HS diploma
Florida resident
Enroll in an eligible degree program at an eligible Florida postsecondary institution
Be enrolled in at least 6 non- remedial credit hours Funding for summer terms
Science, 2 World Language
Florida Academic Scholars (FAS)
Science, 2 World Language
Florida Medallion Scholars (FMS) Gold Seal Vocational (GSV)
education programs and have a 3.5 GPA in those classes
BRIGHT FUTURES REQUIREMENTS
Florida Academic Scholars (FAS)
Florida Medallion Scholars (FMS)
BRIGHT FUTURES AWARD AMOUNTS
Bright Futures funding is available for nonpublic, private institutions
FREE APPLICATION FOR FEDERAL STUDENT AID OR FAFSA IS THE GATEWAY TO FEDERAL AID WWW.FAFSA.ED.GOV
Create a FSA ID at FSAID.ed.gov Gather the documents you need to apply Complete a FAFSA at fafsa.ed.gov Receive confirmation FAFSA has been processed
Apply for Scholarships
WHAT DO YOU NEED TO COMPLETE A FAFSA?
STUDENT
date of birth
(if you are not a U.S. citizen)
income tax returns, W-2s and
PARENT
you are not a U.S. citizen)
W-2s and other records of money earned
changes
USING THE DATA RETRIEVAL TOOL
information directly from the IRS.
use.
the DRT when completing a FAFSA.
USING THE DATA RETRIEVAL TOOL
address from the tax return exactly how it appears.
you will need to enter tax information manually.
school if they have a deadline.
information does not reflect current financial status, meet with your FA office.
and spelling of names for both the student and parent to avoid delays.
will need to fill out 2 financial aid applications.
If you are unable to use the DRT, request a tax transcript from the IRS to have in the event you get selected for verification.
match.
year, you will be required to include financial information about new spouse or step parent. Be prepared to submit marital license to your schools FA office.
COMPLETE A FAFSA EVERY YEAR THAT YOU NEED TO USE FINANCIAL AID!
MAKE SURE TO CHECK YOUR CONFIRMATION PAGE AFTER COMPLETION!
STUDENT AID REPORT
your aid.
provided on the FAFSA.
instructions on how to access your SAR.
may want to see your SAR.
Compare your financial aid packages from each school
Calculate how much you will
your FAFSA is correct. This can be random or caused by certain questions on the FAFSA.
student account.
Transcript for the year used.
tax office print one.
delays in your aid.
process easier.
FINANCIAL AID DISBURSEMENT
your FA will be processed by the school you are attending.
your payment, this will extend your due date to pay for classes.
pay for any tuition and eligible fees on your account and notify you if you still owe a balance.
the school’s FA office will disburse any remaining aid in the form of a refund.
information does not reflect current financial status, meet with your FA office.
will need to meet with your FA office.
foster care, you will need to turn that documentation into the school and answer FAFSA questions accordingly.
MAINTAINING YOUR FINANCIAL AID OR STANDARDS OF ACADEMIC PROGRESS (SAP)
Maintain a minimum 67% completion rate of attempted classes Maintain a minimum 2.0 GPA Do not exceed the maximum time frame for completion of degree Do not exceed the maximum credit hours for degree or 150% of credits needed
TRIO Connections of Central Florida
(407) 708 - 2665 TRIO@seminolestate.edu Make an appointment at: SeminoleState.edu/TRIO