Student Financial Services SOAR/Family Orientation 2013

Complete the 2013-2014 Free Application for Federal Student Aid (FAFSA)

Will need to have filed 2012 income tax returns

Use IRS Data Retrieval when filing FAFSA UNA priority date for FAFSA filing WAS June 1,

2013

Go to www.fafsa.gov to complete online application

Grants

Loans- parent and student loans

Work study

• Student Aid Report (SAR) is produced in 3 business days

• It is emailed or mailed to student by Department of Education’s processor

• SFS will receive student’s electronic FAFSA record and notify student via UNA Portal email/Self-Service of unsatisfied requirements or problems with FAFSA

SFS will calculate loan eligibility and notify student via UNA Portal email/Self-Service

Student will accept, decline or reduce loan amount offer in UNA Portal Financial Aid Self-Service

Student must sign Master Promissory Note (MPN) with the federal Department of Education via UNA Self-Service or at www.studentloans.gov

Freshmen are eligible for up to $5,500 in Stafford loans per academic year ($2,750/semester)

This amount of loan money by itself will not be sufficient to pay all tuition and fee charges

Freshmen may be eligible for an additional $4,000 in unsubsidized Stafford loan if parent applies for and is denied a PLUS loan (Parent Loan for Undergraduate Students)

Complete PLUS application for 1314 year at www.studentloans.gov

13 hours (Alabama resident)= $7,000

Includes tuition, fees, room, board and books

This projection is for one semester

13 hours (Non-resident)= $10,000

Includes tuition, fees, room, board and books

This projection is for one semester

There is a 30-day delay of the first loan disbursement for new freshmen. This delay applies to the first semester of attendance ONLY

A refund check will be issued to the student and mailed to student’s campus mailbox if the financial aid amount is greater than the student account balance

NOTE: The UNA bookstore does NOT bill through UNA Student Accounts. Students should be prepared to purchase required textbooks

Scholarship deadline for 2013-2014 WAS February 1, 2013

Your student may next apply for scholarships in UNA’s Endowed Scholarship program

Application will be available on the Student Financial Services website November 25, 2013

Deadline for application is February 3, 2014

Student must make satisfactory academic progress in order to continue to receive aid

Student’s progress is evaluated after each semester

Student must ◦ Complete at least 75% of all attempted courses

◦ Must have the required UNA GPA for their classification

◦ Must not attempt over 172 hours in their first degree

◦ Students who do not meet these requirements will be in danger of losing financial aid eligibility

Scholarship recipients must meet the following criteria in order for scholarship to be renewed ◦ Must have at least 3.0 UNA GPA and at least 24

earned hours within the year for Academic Scholarships

◦ Must have at least a 2.75 UNA GPA and at least 24 hours within the year for Leadership Scholarships

Student must indicate interest in work-study program on FAFSA application

Federal work-study is need-based University work-study is NOT need-based. All

students are eligible for UWS Go to our website- www.una.edu/financial-aid Click on “Work-study” Click the link to “Career Planning and

Development” Please read the instructions on how to apply

Student makes contact as directed in the job listing

Student is hired by the office or department

Student completes required employment documents

Pay for work-study jobs is NOT applied to the student account

Students are issued paychecks monthly

Students may work up to 20 hours per week

Rate of pay is generally minimum wage

Some students may begin working as early as August 1, 2013

UNA Portal is the official means of communication to the student

The student will be notified of his or her federal aid application status and awards through UNA Portal email and Self-Service ONLY

We will not notify the parent of the student’s financial aid status nor will we notify student or parent by postal mail

Via phone: 1-800-TALK-UNA or 256-765-4278

In person: Room 226, Bibb Graves Hall

8:00 a.m.- 4:30 p.m., Monday- Friday

Via e-mail: sfins@una.edu

For more information, visit our website: www.una.edu/financial-aid

Check us out on Facebook! ◦ Search “UNA Student Financial Services”