Financial Literacy

Financial LiteracyMarcy GageGreg Reed

Why Are We Here?Going to College is a Job.Communication, Budget and CredibilityFinancial Benefits & RepercussionsGrants, Scholarships, Student LoansSAPPayment PlansAR Refund ChecksSALTNSLDSCollections & Maine State TaxationSteps for Next SemesterFAFSA 2015-16Deadlines

2Myths About Financial Aidhttps://www.youtube.com/watch?v=K8JuaYVJ_LE

Financial Aid For SchoolPell Grants

Maine State Grant

Scholarships

Federal Student Loans

Responsible Borrowinghttps://www.youtube.com/watch?feature=player_detailpage&list=PL5164CE4355C66FCB&v=mTHtn0FRMWw

5National Student Loan Data System (NSLDS)The National Student Loan Data System (NSLDS) is the U.S. Department of Education's central database for student aid. It receives data from schools, agencies that guaranty loans, the Direct Loan program, and other U.S. Department of Education programs.

www.nslds.ed.gov

How to Manage Your Student Loanshttps://www.youtube.com/watch?feature=player_detailpage&v=flG4gFIiZzU

150% Rule ChartProgram Length**Maximum Eligibility Period5-Year Bachelors Degree7.50 Years4-Year Bachelors Degree6.00 Years2-Year Associates Degree3.00 Years2-Year Certificate3.00 Years1-Year Certificate1.50 years18-Week Certificate27 Weeks10-Week Certificate15 Weeks**Years listed are for Full-time students, generally prorated for less than full-time enrollment.Example: Jane attempted 12 credits with a 1.75 GPA. She has met this SAP standard.John attempted 20 credits with a 1.60 GPA. He has not met this SAP standard.8Satisfactory Academic Progresshttps://www.youtube.com/watch?v=2uml3KtkxmU

No Show StatusA student who does not attend class.

Online class: A student who doesnt complete the first required assignment by the due date during the 1st full week of the semester.

You are expected to attend class beginning the first day of the semester.

All financial aid awards based on courses that students do not attend will be cancelled, and the student will be responsible for any applicable charges.A No-show (N) is:Budgetinghttps://www.youtube.com/watch?feature=player_detailpage&v=6Ib-bdko5cE

Business Office Payment Plans

Insurance Waivers

AR Refund Checks

Collections & Maine State TaxationSALThttps://www.youtube.com/watch?x-yt-ts=1421914688&x-yt-cl=84503534&feature=player_detailpage&v=6KTeG0303-Y

CommunicationProfessionalismTreat everyone with respectStudent PortalDocument trackingE-mail (KVCC e-mail)Notify Enrollment Services of any and all life changes pertaining to school.

FAFSA 2015-16Fill out your FAFSA for the next school year (2015-16).

www.fafsa.ed.gov DeadlinesInsurance Waiver

Payment Plan (Fall, Spring & Summer)

Maine State Grant May 1st

Add & Drop Date deadlines

Questions/Remarks?