money doesn't grow on trees. 2 -increased communications -email notification -note-box -e-chats...
TRANSCRIPT
Money Doesn't Grow On
Trees
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- Increased Communications- Email Notification
- Note-Box
- E-Chats
- Maintaining OSFS Mailbox - Addressing students’ concerns and queries
Building Relationships with Students
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- Enhancing One-On-One Interviews- Providing Options and Alternatives
- Examining In-House Student Practices Each student leaving with a referral in hand
- Web-Site- Web-Based Document Tracking
- Goal To reduce frequent calls and visits by having increased relevant information available on the site
Building Relationships (con’t)
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- Out-Reach Programs- Professional Speakers
- Murray Baker, author of “The Debt-Free Graduate” spoke at last year’s orientation
- Participation in Fall/Winter Orientation Sessions
- Recruitment Fairs and Parent Orientation- SFS always remains aware of the admissions
cycle
Building Relationships (con’t)
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- Student Client Services- SFS Goal for SCS
- Goal Facilitated By…
- Colleges- Facilitated Orientation Sessions
- SFS Goal for Colleges
- SFS Continued Plan
Building Relationships (con’t)
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- Keenness
- Entrepreneurship
- Excellence
- Perseverance
Encourage Students to KEEP…
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Keenness
As far as awards and scholarships are concerned:
- Look Early- Millennium Excellence Entrance Awards- York Undergraduate Entrance Award
- Prep Early- Write, re-write and re-write.
- Submit Early- Don’t wait until the last minute.
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Entrepreneurship
- Look into different sources of funding.
- A combination of different sources of funding is now required: personal and family savings, loans, grants, bursaries, scholarships, work income
- Where to look:- Internet search, i.e. External Awards webpage at www.yorku.ca/osfs- Future Students page
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Excellence
Strive for Excellence
- In all their current and remaining high school courses, to the very last final exam.- York Entrance Scholarships – based on final averages
- In their leadership, volunteer and extracurricular activities.
- In completing their scholarship applications.
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Perseverance
- Continue to search for financial aid opportunities- After admission to preferred program- Once registered for courses- Throughout university career
- Where to look- Awards web search at www.yorku.ca/osfs
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- $49 million in 06-07
- $41 million in 07-08
- $32 million in 08-09
- $44 million in 09-10
Student Assistance Enhancements
Benefits to 135,000 Low and Middle Income Students
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- Increase in loan limits
- Canada Access Grants
- Computer allowance as costs
- Reduced parental contribution
- Frozen tuition for 05-06
Harmonized Federal & Provincial Initiatives for
2005-06
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Single = $ 350 $350 x 34 = $11,900 Married = $ 545 $545 x 34 = $18,530 Sole Support = $ 545
Ontario Student Opportunity Grant levels remain unchanged$7000 for two-terms $10,500 for three-terms
1) Increase in Weekly Loan Limits
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- Millennium/Ontario Access Grants up to $3000 (1st year)
- Canada Access Grants up to $3000 (1st year )
- Ontario Access Grants up to $3000 (2nd year)
- Based on net family 2004 income
- Replaces loan assistance
2) Access Grants for 1st and 2nd Year Dependent Students for Low Income
Family
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Canada Access Grant for Students with a Permanent
Disability – Up to $2000
Family Net Income Thresholds (2005-2006 Loan Year)Access Grants for Students from Low-Income Families (1)
Number ofdependent
children thatparents have (2) 1 - 3 4 5 6 7 8 9 10
Parents' net income(
3) $35,595 $39,912 $44,228 $48,544 $52,860 $57,176 $61,492 $65,808
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Single dependent 1st year student
Living in residenceFamily of 4, 2 dependentsParental income of $28,000
Results 2005-06 2004-05Canada Access Grant $ 1,750 n/aFederal loan $ 5,390 $ 5,610Millennium/Ontario Access Grant $ 1,750 n/aProvincial loan $ 3,010 $ 3,730
Totals $ 11,900 $ 9,340
Example 1
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Single Dependent 2nd Year Student
Living in residenceFamily of 4, 2 dependentsNet family income = $34,000Permanent disability
Results 2005-06 2004-05Canada Access Grant – Permanent Disability $ 2,000 $2,000Federal loan $ 5,995 $ 5,610Millennium Bursary $ 3,000 $ 3,000Ontario Access Grant $1,560 n/aProvincial loan $ 200 $ 740
Totals $ 12,755 $ 11,350
Example 2
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Family of 4, one child in postsecondary, attending a 34-week program of study
Gross Parental Income 2004-2005
Expected Contributions 2004-2005
Expected Contributions2005-2006
Reduction2005-06
$50,000 or less 0 0 0
$60,000 $1,107 $584 $ 523
$70,000 $4,307 $2,315 $1,992
$80,000 $7,434 $4,884 $2,550
$90,000 $10,791 $8,241 $2,550
3) Computer Allowance of $500 Considered as Costs
4) Reduced Expected Contribution from Parents
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Contact Information
Nevia Jelenic – [email protected]
Marcia Howell – [email protected]
Jiffin Arboleda – [email protected]