Student Financial Aid Student Financial Aid College Night Longview, - - PowerPoint PPT Presentation
Student Financial Aid Student Financial Aid College Night Longview, Texas November 8, 2010 Presented by the Texas Association of Developing Colleges East Texas Educational Opportunity Center East Texas Educational Opportunity Center A
Presented by the Texas Association of Developing Colleges
East Texas Educational Opportunity Center East Texas Educational Opportunity Center
A Federal TRIO Program funded by the US Department of Education
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– Pell Grant Supplemental Educational Opportunity – Supplemental Educational Opportunity Grant (SEOG) – Academic Competiveness Grant (ACG) Academic Competiveness Grant (ACG) – Science/Math Access to Retain Talent Grant (SMART) – Work Study – Subsidized Direct Loan – Perkins Loan
Non need based – Unsubsidized Direct Loan/Parent Loan
2007 – 2008 Financial Aid Distribution Undergraduate Students
7% 2% 4%
Veteran Benefits
50% 37% 7% Grants Loans Workstudy
Grants
Workstudy Veteran Benefits Parent PLUS
Loans
Source: Institute of Education Sciences US Department of Education – NCES 2009
Financial Academic Financial Need Academic Excellence Artistic Talents Athletic Talents Talents
Tuition and fees
and miscellaneous personal expenses
X Y 1 2 Y Z 2 3 EFC EFC Cost of Expected Family Need Attendance Contribution (Variable) (Variable) (V ariable)
(Constant)
To Complete the 2011 – 2012 FAFSA
Remarriage, Separation, Divorce, Widow Status, if applicable
for Parents, if applicable
applicable applicable
EZ) along with W-2s and Schedules for both Student and Parents
Benefits, Workers Comp, etc. received
, , , estate, businesses, etc.
Saving accounts.
Selective Service for Males/First Generation College Status Selective Service for Males/First Generation College Status
NEW TO FAFSA 2011-2012 NEW TO FAFSA 2011 2012 (Name of High School)
Questions to Determine Student’s Dependency Status
You must use Parent Information if you cannot answer yes to any of the questions.
More about “Parents” in Completing the FAFSA
58-59
Parent’s Tax Status and “Dislocated Worker” Status Parent s Tax Status and Dislocated Worker Status
Knowing whether or not the Tax Payer is eligible to file a 1040A
financial contributions are calculated. Ask your tax preparer if you do not know.
(Student: Questions 35-39; Parents: Questions 83 – 87)
(Student: Questions 40 - 42; Parents: Questions 88 – 89)
(Student: Question 43; Parents: Question 91)
(Student: Questions 44; Parents: Questions 92)
List of Colleges to Receive FAFSA Information List of Colleges to Receive FAFSA Information (Up to 10 Colleges Can Be Listed Online)
ill i SAR (St d t Aid R t) ith t l
receive an Electronic SAR (ISIR).
FAFSA (the process is called “VERIFICATION”), you will be asked to forward copies of signed Tax Returns, printouts of Child Support, Workers Comp, Veterans Benefits, etc. to show that the FAFSA was properly completed.
by mail or through their on line services to specify the by mail or through their on-line services to specify the source(s) and the amount(s) of financial aid you will receive.
BE SURE T BE SURE TO RESPOND QUICKL RESPOND QUICKLY T Y TO REQUESTS FOR REQUESTS FOR BE SURE T BE SURE TO RESPOND QUICKL RESPOND QUICKLY T Y TO REQUESTS FOR REQUESTS FOR ADDITION ADDITIONAL AL INFORMA INFORMATION OR FORMS COMPLETION ION OR FORMS COMPLETION.
2009 C S th M bb l 2009-C South Mobberly
( Next door to Manly’s Discount Furniture Store/Tex-Mex Restaurant
d h f L T U i i ) and across the street from LeTourneau University)
Longview, Texas 75602 Phone: 903.757.9660 Fax: 903.757.9663