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