Financial Aid · “Money You Work For” →Students must state interest on the FAFSA →Funding...
Transcript of Financial Aid · “Money You Work For” →Students must state interest on the FAFSA →Funding...
Financial Aid
FUTURE ROADRUNNERS
Will Moody
Hey, I’m
StateAid
FederalAid
UTSA Institutional
Aid
Grants → Scholarships → Work Study → Loans
Financial AidTypes of
FA L L T E R M
DeadlinesFinancial Aid
January 15Priority Deadline
S P R I N G T E R M November 11Priority Deadline
Oct 1FAFSA Opens
Apply for a
FSA IDFill out the
FAFSAFile FAFSA
Every Yearstudentaid.ed.gov www.fafsa.ed.gov Opens Oct 1
Financial AidApplying for
Income Tax1040, 1040A, 1040EZ
IdentificationFSA IDs, SSN,
Birthdate, Name
Bank AccountsSaving & Checking
Information
Real EstateBusiness, farm, real
estate records (not the home you live in)
InvestmentRecords of stocks, bonds, investments
W-2sWage and Salary
What you NeedInfo to Gather
Online
FAFSAApplication
IRS
TaxForms
Retrieval ToolIRS Data
An Easier Way to Fill out your FAFSA!
Special Circumstancesand Professional JudgmentSee 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
Cost of Attendance
(COA)
Financial Need
Expected Family
Contribution(EFC)
Financial NeedDetermining Your
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
Costof Attendance
Your costs will vary but
this is what UTSA uses
to determine Financial
Aid Awards.
Must Submit a FAFSA!
GrantsType of Aid
“Free Money”
→ Federal Pell Grant
→ Federal SEOG Grant
→ Texas Public Education Grant (TPEG)
→ Texas Excellence Grant
→ UTSA Grant
→ TEACH Grant
Merit vsNeed-Based
ScholarshipsType 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
“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-StudyType of Aid
Make sure to Tell us!
LoansType 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
Reduce Amount
Borrowed
Responsible Borrowing
Loan Portfolio
Borrow What you
Need
Exhaust Federal Aid
First
Money SmartsFinancial Literacy
Graduate on TimeFinish in 4 Years
Course CompletionComplete your Classes!
Make the GradesMaintain 2.0 GPA
Keep EligibilitySatisfactory Academic Progress
One StopUTSA