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Financial Aid
FUTURE ROADRUNNERS
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Financial Aid Hey, Im Will ill Moo Moody dy Financial Aid - - PowerPoint PPT Presentation
Financial Aid Hey, Im Will ill Moo Moody dy Financial Aid - - PowerPoint PPT Presentation
FUTURE ROADRUNNERS Financial Aid Hey, Im Will ill Moo Moody dy Financial Aid Types of UTSA State Federal Institutional Aid Aid Aid Grants Scholarships Work Study Loans Deadlines Financial Aid January 15 FA L L T E
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State
Aid
Federal
Aid
UTSA
Institutional Aid Grants → Scholarships → Work Study → Loans
Financial Aid
Types of
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FA L L T E R M
Deadlines
Financial Aid
January 15
Priority Deadline
S P R I N G T E R M
November 11
Priority Deadline
Oct 1 Oct 1 FAFSA Opens
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Apply for a
FSA ID
Fill out the
FAFSA
File FAFSA
Every Year
studentaid.ed.gov www.fafsa.ed.gov Opens Oct 1
Financial Aid
Applying for
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Income Tax
1040, 1040A, 1040EZ
Identification
FSA IDs, SSN, Birthdate, Name
Bank Accounts
Saving & Checking Information
Real Estate
Business, farm, real estate records (not the home you live in)
Investment
Records of stocks, bonds, investments
W-2s
Wage and Salary
What you Need
Info to Gather
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Online
FAFSA Application
IRS
Tax Forms
Retrieval Tool
IRS Data
An Easier Way to Fill out your FAFSA!
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Special Circumstances and Professional Judgment
See your institution’s Financial Aid Office Dependent vs Independent Age of Oldest Parent Income & Assets Household Size Number in College
What is EFC?
Expected Family Contribution
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Cost of Attendance
(COA)
Financial Need Expected Family Contribution
(EFC)
Financial Need
Determining Your
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Tuition and Fees $9,900 On-Campus Housing & Meals $11,578 Books + Supplies $1,500 Transportation $676 Personal Expenses $1,836
Total Estimates COA $25,490
18-19 ESTIMATED FULL-TIME (Fall/Spring)
Texas Resident, Living on Campus
Cost
- f Attendance
Your costs will vary but this is what UTSA uses to determine Financial Aid Awards.
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Must Submit a FAFSA!
Grants
Type of Aid “Free Money”
→ Federal Pell Grant → Federal SEOG Grant → Texas Public Education Grant (TPEG) → Texas Excellence Grant → UTSA Grant → TEACH Grant
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Merit vs Need- Based
Scholarships
Type of Aid “Free Money”
→ UTSA General Scholarship Application
→ On ApplyTexas! → Deadline: Jan 1 (freshmen) Feb 15 (transfer)
→ Major/College Specific
→ utsa.edu/scholarships
→ Local/Outside Scholarships
→ High School or Community → fastweb.com
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“Money You Work For”
→ Students must state interest on the FAFSA → Funding based on demonstrated financial need → Eligible students should coordinate with the Career Center to find on-campus employment → Positions are not guaranteed. → May not work more than 15 hours per week → Funds are limited and paid as earned
Work-Study
Type of Aid
Make sure to Tell us!
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Loans
Type of Aid “Money You Pay Back”
→ Federal Subsidized Stafford Loan → Federal Unsubsidized Stafford Loan
Separate Application Required
→ Federal Parent PLUS Loan → Alternative Loan
Think Financial Literacy
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Reduce Amount Borrowed Responsible Borrowing
Loan Portfolio
Borrow What you Need
Exhaust Federal Aid First
Money Smarts
Financial Literacy
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Graduate
- n Time
Finish in 4 Years
Course Completion
Complete your Classes!
Make the Grades
Maintain 2.0 GPA
Keep Eligibility
Satisfactory Academic Progress
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One Stop
UTSA