HOKIE FOCUS 2007 Office of University Scholarships and Financial Aid (USFA)
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Transcript of HOKIE FOCUS 2007 Office of University Scholarships and Financial Aid (USFA)
HOKIE FOCUS 2007
Office of University Scholarships and Financial Aid
(USFA)
CONTACT USFA
• Monday thru Friday, 8:00am to 5:00pm
• Website www.finaid.vt.edu
• Preferred Contact [email protected]
• Phone (540) 231-5179
• Email/calls returned in 72 business hours
• Allow Assistant Counselors to assist
FLASH.MAIL
• Electronic USFA newsletter• Announcements, updates, changes• Scholarship opportunities• Parents encouraged to subscribe• Free, no spamming• www.finaid.vt.edu/flash/index.php
FLASH.
APPLICATIONS AND DEADLINES
• Complete FAFSA– Priority Deadline - 3/11/07
• General Scholarship– Deadline - 3/11/07
• Presidential Campus Enrichment Grant– Deadline – 6/1/07
• Departmental/College Scholarships– Deadline – Check w/Departments
• Honors – Closed until Spring 2008
2007-08 AWARDS
• Letter notification to view on the web
• Aid types and amounts displayed on web
Including:
$Grants/Scholarships---free money
$Work-Study---must work to earn
$Student Loans---to be repaid
• Module # 1 – Budgets• Module # 2 – Account Management• Module # 3 – Credit Cards• Module # 4 – Debt Management• Module # 5 – Other Benefits Available• Module # 6 – Loan Management• Module # 7 – Consumer Rights and Responsibilities
What Would You Like Your Future To Look Like?
YOUR FUTURE AT VT
• Accept Offer of Admission• Pay the deposit• Activate VT PID• Attend VT Orientation in July• E-bills sent around July 15th • Complete Authorization to Release
Confidential Information (multiple)
TYPICAL COSTS
Yearly Costs In State Out of State
Tuition & Fees $7397 $19775
Est. Room & Board
$5306 $5306
Est Due
Per Year
$12703 $25081
Est Due
Per Term
$6352 $12541
WHAT DO I PAY?
Fall charges Spring Charges
- Fall aid - Spring aid
Amount due Amount due
*Any balance due must be covered by payment deadline*
BILL AND PAYMENT OPTIONSE-Bills - Set Up Authorized Payers (goes to student VT email address and authorized payers) and then available approximately July 15 and December 15
Payment Options*E-Check Preferred*Cash/PaperCheck*Budget Tuition Plan*Parent PLUS Loan*Outside Sources/529 Plans
Payment Options (continued)
• MasterCard
• American Express
Provided as an optional convenience…a 2.75% service charge will be assessed
Remember, E-Checks Preferred
IMPORTANT REQUIREMENTS
Set Up Authorized Payer(s) https://banweb.banner.vt.edu/ssb/prod/twbkwbis.P_WWWLogin
Report outside/community scholarshipshttp://www.finaid.vt.edu/forms/documents/0708_SCHNOT.pdf
Complete the Authorization to Release Confidential Information http://www.finaid.vt.edu/forms/documents/INFRSL.pdf
Loan recipients must complete:• On-line Master Promissory Note (MPN)• On-line Entrance Interview • On-line Questionnaire (Perkins only)
Remember to file FAFSA each year
SPECIAL CIRCUMSTANCES
• Loss of Income
• Loss of Child Support
• Loss of Social Security Benefits
• Death of a Parent
• Divorced/Separated
• Unusual Medical Expenses
USFA CONTACTS:• USFA Contact Information
www.finaid.vt.edu [email protected] (540) 231-5179
• Presentation available at http://www.finaid.vt.edu/Presentations/ hokiefocus07