the university of toledo financial aid sherri jiannuzzi assistant director, loans

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The University of Toledo Financial Aid Sherri Jiannuzzi Assistant Director, Loans

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Page 1: The University of Toledo Financial Aid Sherri Jiannuzzi Assistant Director, Loans

The University of Toledo

Financial Aid

Sherri Jiannuzzi

Assistant Director, Loans

Page 2: The University of Toledo Financial Aid Sherri Jiannuzzi Assistant Director, Loans

Complete the FAFSA

FAFSA.ed.gov School code – 003131 PIN.ed.gov

Page 3: The University of Toledo Financial Aid Sherri Jiannuzzi Assistant Director, Loans

Additional Documentation

Once your FAFSA is reviewed, additional information may be required.

Some examples of needed documentation would be signed copies of your federal tax returns, W2s, proof of citizenship, household size.

Page 4: The University of Toledo Financial Aid Sherri Jiannuzzi Assistant Director, Loans

Award Notification

Receive first notification through the mail, any changes via email

Accept, decline or reduce online through the MyUT portal or by signing your award notification and returning a copy

GradPLUS cannot be accepted on-line, it requires a paper application

Page 5: The University of Toledo Financial Aid Sherri Jiannuzzi Assistant Director, Loans

Loan Process

Complete the Master Promissory Note (MPN) Separate MPN for Stafford, GradPLUS and

Perkins Complete Entrance Counseling

Separate Counseling for Stafford, GradPLUS and Perkins

Page 6: The University of Toledo Financial Aid Sherri Jiannuzzi Assistant Director, Loans

Summer Financial Aid

Next summer will be a part of the 2010-2011 academic year. There is a summer application required to

receive an award package to include the summer term.

Page 7: The University of Toledo Financial Aid Sherri Jiannuzzi Assistant Director, Loans

Provisional or Special Student Admission Status To be eligible for federal financial aid, you

must be admitted in an degree-seeking program. If you have been admitted under “provisional” or “special student” status, you will not be eligible for federal financial aid.

Page 8: The University of Toledo Financial Aid Sherri Jiannuzzi Assistant Director, Loans

Enrollment Status

If you intend to enroll in undergraduate or mixed level (both graduate and undergraduate) courses, it could affect your eligibility for federal financial aid.

Page 9: The University of Toledo Financial Aid Sherri Jiannuzzi Assistant Director, Loans

GradPLUS vs. Alternative Loans

GradPLUS Loans Interest Rate is fixed

at 7.9% Credit Based, may

use an endorser (cosigner) if denied

Federal loan

Alternative Loans Variable Interest

Rates Credit Based, most

require a cosigner NOT a federal Loan

Page 10: The University of Toledo Financial Aid Sherri Jiannuzzi Assistant Director, Loans

Questions?

For additional information:

http:financialaid.utoledo.edu

Or contact the Rocket Solution Central Office at 419-530-8700