The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/11 1

Financial Aid 101

Office of Undergraduate

Admissions

The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/11 2

Institutional Aid

State Aid

Federal Aid

Grants Scholarships Work Study Loans

Types of Aid

The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/11 3

Applying for Financial Aid

Apply for a FSA ID

• www.studentaid.ed.gov

Fill out the FAFSA

• www.fafsa.ed.gov

File FAFSA every year

• October 1st – March 15th

The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/11 4

Financial Information-IRS Data Retrieval Tool

The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/11 5

Financial Information-IRS Data Retrieval Tool

The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/11 6

Cost of Attendance (COA) Full Time Fall / Spring Undergraduate Resident Student

Living On Campus

Tuition & Fees (based on 15 hours per term) $9,677

Books (based on 15 hours – 5 classes) $1,000

Room & Board (average) $11,090

Transportation (average) $676

Personal / Miscellaneous $1,836

Loan Fees $70

Total Estimated Cost of Attendance $24,349

The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/11 7

Special Circumstances & Professional Judgment

See your institution’s Financial Aid Office

Information Used to Determine the EFC

Dependent Vs.

Independent

Income & Assets

Household Size

Number in College

Age of Oldest Parent

The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/11 8

Grants Scholarships Work Study Loans

How Schools Determine Awards

The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/11 9

• Federal Pell Grant • Federal Supplemental Educational

Opportunity Grant (SEOG) • Texas Public Education Grant (TPEG) • Texas Excellence Grant (TEXAS) • UTSA Grant • TEACH Grant

Grants

The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/11 10

High School or Community Specific

UTSA Institutional Specific

Incoming Freshmen – December 1st

www.applytexas.org

Major Specific www.utsa.edu/scholarships

Outside Scholarships

www.fastweb.com

Merit, Need Based

Scholarships

The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/11 11

• Generally fall into three categories: Need, Merit, or a combination of both. Other factors may be included such as first generation, region, language, economic hardships, athletic ability, musical talent, just to name a few.

• Merit scholarships are usually based on standardized test scores, rank in class, grade point average, essays, letters of recommendation.

• Need-based scholarships rely on financial aid obtained from the FAFSA.

Scholarship Eligibility

The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/11 12

• Must state interest on FAFSA • Awarded to students with demonstrated need • Funds are limited and paid as earned • Student should coordinate with the Career Center to find on-campus employment • Positions not guaranteed

Work Study

The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/11 13

Subsidized Stafford Loan: Interest is paid by Department of Education while you are in school Maximum for freshman year = $3500

Unsubsidized Stafford Loan: Interest begins to accrue when the loan is taken out, so students must decide to make interest payments or allow interest to roll into principle balance Maximum Sub/Unsub combined per year = $5500

Parent PLUS Loan: Parent credit worthiness is assessed; repayment begins 60 days after the second disbursement

Alternative Loan: Credit worthiness; Variable credit

Loans

The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/11 14

Responsible Borrowing

Reduce Amount

Borrowed

Exhaust Federal Aid

First

Borrow Only What You Need

Loan Portfolio

The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/11 15

Awarding Timeline

The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/11 16

• UTSA’s Top Scholar Program is the first of its kind in San Antonio to offer a merit-based scholarship combined with personalized experiences in academics, leadership, and community service.

• The scholarship covers the entire Cost of Attendance.

• The competition for slots in the program is very competitive, with only a few students selected.

Top Scholars Program

The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/11 17

• Eligibility Requirements:

– 1400 or higher on the two part SAT (critical reading and math)

– 2100 or higher on the three part SAT

– 32 or higher on the ACT

– Class rank in the top five percent of their graduating class

– Record of community volunteerism and leadership in school

– Texas residency

• Apply at www.utsa.edu/topscholars.

Top Scholars Program

The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/11 18

• Will be awarded to recognize students’ academic credentials (i.e., standardized test scores and/or high school class rank). Scholarships are valued up to $24,000 over 4 years.

• Automatic consideration will be given to Fall 2017 students fully admitted to UTSA by December 1, 2016 and who meet the class rank and score requirements stated below based on fund availability.

Distinguished Presidential Scholarships

The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/11 19

Award Value Award Amount per Year (4 years)

Qualifying Class rank

Qualifying Scores (oSAT/nSAT/ACT)

Renewal Criteria (4.0 Scale)

$24,000 $6,000 Top 10% 1400/1450/32 3.00 GPA / 30 hours per year

$16,000 $4,000 Top 15% 1300/1360/29 3.00 GPA / 30 hours per year

$12,000 $3,000 Top 20% 1200/1270/26 3.00 GPA / 30 hours per year

$8,000 $2,000 Top 25% 1200/1270/26 3.00 GPA / 30 hours per year

Distinguished Presidential Scholarships

Participants in the UT-Austin Coordinated Admission Program (CAP) are not eligible for these scholarships

The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/11 20

Distinguished Transfer Scholarship

Award Value Amount per Year (2 years)

GPA Requirement Renewal Criteria (4.0 Scale)

$6,000 $3,000 3.75 (4.0 Scale) 12 hours by the end of each semester and a cumulative 3.0 GPA

• Automatic consideration for students fully admitted to UTSA by: – Fall (February 15)

– Spring (October 15)

• Transfer 24-66 semester credits of academic coursework from a community college or university – Dual credit from high school and work in progress is not included

The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/11 21

• UTSA Colleges/Departments offer scholarships using their own applications. Some deadlines may vary.

• Utilize External Scholarships from companies, organizations, community, etc.

• All Outside scholarships awarded must be reported to Financial Aid using the UTSA External Scholarship Notification Form.

• For more information go to: www.utsa.edu/scholarships

Other Scholarship Sources

The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/11 22

• If you have to pay a fee to get money or apply for a scholarship, it’s probably a scam.

• Avoid financial aid seminars that “guarantee” a scholarship.

• NEVER give out social security number, credit card or bank account information.

Beware of Scams

The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/11 23

One Stop Enrollment Center – Questions about undergraduate admissions

– All financial aid questions (from application to disbursement)

– Registration/records questions

– Transcripts

– Verifications of enrollment

(210) 458-8000

1-800-669-0919

JPL 1.01.04 at Main Campus

FS 1.500 at Downtown Campus

onestop@utsa.edu

General question? Ask Rowdy! http://askrowdy.utsa.edu/

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