bachelor of general studies open house - financial aid session
DESCRIPTION
Presentation made at the Bachelor of General Studies Open House on financial aid.TRANSCRIPT
Financial Aid Information Session
Bachelor of General Studies
Open House
June 21, 2014 - Joanne Brown, Director of Financial Aid
APPLYING FOR FINANCIAL AID
Free Application for Federal Student Aid (FAFSA)
New: Data Retrieval Tool for income reporting*
Certificate of FL Residency Application (FL Residents only)
FINANCIAL AID PROGRAMS
Federal Aid(FAFSA required each year)
• Federal Pell Grant - $0 to $2865/sem (note: disburses after drop/add-census date)
• Federal Supplemental Education Opportunity Grant (FSEOG) * - $0 to $2000/sem
*Funding limited – apply early
Federal Aid(FAFSA required each year)
• Federal Direct Loans– Subsidized 4.66% eff 7-1-14
– Unsubsidized 4.66% eff 7-1-14
– Parent PLUS 7.21% eff 7-1-14
• Federal Perkins Loan* 5.00% *Funding limited – apply early
State of Florida Aid(FL Residency & FT enrollment required)
• FL Resident Access Grant (FRAG)• FL Bright Futures
– FL Academic Scholarship– FL Medallion– FL Gold Seal Voc Ed
FINANCIAL AID AWARD PROCESS
CaneLink – student portal
CaneLink – student portal
CaneLink – student portal
#4 - Accept/Decline Awards to accept student loans offered
Student Loan Borrower Process : (MPN & Entrance Counseling)
Parent PLUS Loan Process (Dependent students only)
Calculating Financial Need
Cost of Attendance- Expected Family Contribution- Other AidFinancial Need
Satisfactory Academic Progress
Satisfactory Academic Progress (SAP)
Federal SAP is measured each semester!
Apply for Financial Aid Early & Each Year!
New Transfer – March 1st
Continuing Students – April 15th
Office Hours:Mon-Fri 8:30 am – 5:00 pm
Phone: 305-284-5212Email: [email protected]
Website: www.miami.edu/ofas