presented by: office of financial aid. a4400 university center tallahassee, fl 32306 office hours...

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Presented by: Office of Financial Aid

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Presented by:Office of Financial Aid

A4400 UNIVERSITY CENTER TALLAHASSEE, FL 32306

Office Hours 8:30 AM-5:00 PMPHONE – (850) 644-0539

FAX - (850) 644-6404www.financialaid.fsu.edu

Email: Email: [email protected] school code: 001489FAFSA school code: 001489

What is financial aid? Who is eligible? How do you apply? Award types? How were my awards determined? How do I view my awards? How do I accept my awards? What about Scholarships and outside

resources? Are JOBS available? What is the bottom line, How much should my

check be? Financial aid tips!

Money used to assist you with funding your education.

Everyone!

Complete the Free Application for Federal Student Aid online at www.fafsa.ed.gov

Early, January 1 (funds are limited) Renewal your application every January 1

A Federal Pin number is needed for electronic signature on the FAFSA for both student and parent. Apply at www.pin.ed.gov

Estimated Tax information is accepted

WWW.FAFSA.ED.GOV WWW.PIN.ED.GOV

Federal Grants (financial need) Pell SEOG TEACH

Federal Work Study (financial need) Federal Loans

Perkins (financial need) Stafford

Subsidized (financial need) Unsubsidized

State Grants (financial need) FSAG First Generation (CARE STUDENTS ONLY)

University Grants

The federal processor collected all of your information provided on the FAFSA such as; you and your parent’s income,

number of people in the household, number of students in college, etc. and

established your Family’s Expected Contribution to your education cost.

EFC

The expected family contribution received from completing the FAFSA is subtracted from the students cost of

attendance to determine the financial need.COA-EFC

FINANCIAL NEED

Summer 2011

2010-2011 FAFSA+

FSU institutional summer financial aid application located

on your financial aid student toolkit on

blackboard

Fall 2011 and Spring 2012

2011-2012 FAFSA

Your financial aid status is available online through the FSU Blackboard system. Check it anytime, from anywhere that you have secure internet access.

Follow these simple directions: Log on to Blackboard at http://campus.fsu.edu Select "Secure Apps" Located along the top

furthest to the right. Select "Financial Aid Student Toolkit"

Incoming and Prospective students who have applied for admission should log in using the FSUID provided during the admissions process.

Sum

me

r

Awards

are

post

ed

HERE!

View your financial aid status via financial aid student toolkit

READ Terms and Conditions for financial aid

Check for outstanding documents Print and submit to the office of financial aid

ASAP View & BUDGET Accept, Decline, or Reduce your awards

You may contact our office for changes Click on SAVE CHANGES

1 out of 3 students is selected for verification and will be required to submit additional documents to OFA, please submit documents ASAP.

All awards are estimated pending the verification process and therefore are subject to change

Your outside resources could affect your current awards, please report them via your student tool ASAP

You must be enrolled in at least 6 credit hours to receive financial aid.

You must have an Accounts Refund Setup completed to receive your financial aid, please complete this via your student toolkit. EFT is highly recommended!

Accept loan via office of financial aid student toolkit Complete

Loan Entrance Counseling Master Promissory Note

www.StudentLoans.gov Federal Parent Plus Loan

Complete: FAFSA (if not all ready of file) Direct Loan Federal Plus Loan Application online at

www.studentloans.gov Direct Loan Master Promissory note for parents Parent Authorization Statement (must be on file before

disbursement)For more details please visit our website.

http://financialaid.fsu.edu/aid/loans/Plus.html

Florida State University Scholarships Automatically reviewed when you applied for

admissions to the university Private Scholarships

Report to OFA via student’s financial aid toolkit

Research will continue while you are enrolled FSU financial aid website at: www.finaid.fsu.edu Local organization (rotary clubs, Kiwanis clubs,

fraternities, sororities, churches, and banks) Academic department of interest Ask other students Google Search

Florida Bright Futures Scholarships Academic pays $101 per credit hour

Maintain a 3.0 cumulative GPA and complete 24 credit hour per year Medallion/Gold Seal pays $76 per credit hour

Maintain a 2.75 cumulative GPA and complete 24 credit hours per year Offer amount based on 15 credits per term

actual payment based on enrolled hours All Classes dropped after drop and add MUST be

REPAID Does NOT pay for Summer

*Rates are based on 2011 legislative action – pending final action

Federal Work Study Will be awarded via your financial aid file

based on demonstrated financial need and available funds.

Not Awarded Work Study Visit the FSU Career Center online job

board at: http://www.career.fsu.edu Part-time job fair being held September 1, 2011

check the site for more details.

YOU TELL US: WHAT ARE YOUR FINANCIAL AID AWARDS?

How many hours are you taking? ______

What is your housing choice? ______

What is your dining choice? ______

How much is your health insurance? _______

How much are your books? _______

Bottom Line Total _______

Apply EARLY, January 1st using estimated tax info Check your financial aid status Submit requested documents ASAP Know YOUR Cost Set a realistic budget and stick to it Exhaust all other alternatives before borrowing Only borrow what you need Keep records of your loan debt www.nslds.gov Avoid credit card debt If financial circumstances change contact the

office of financial aid

Questions?