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Welcome to

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Florida State University. Money Matters! Florida State ... Federal Work-Study. Federal Stafford Loans. Federal Perkins Loans. How to complete the FAFSA? ... – PowerPoint PPT presentation

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Title: Welcome to


1
Welcome to
  • Florida State University
  • Money Matters!

2
Florida State University Office of Financial Aid
  • A4400 UNIVERSITY CENTER
  • TALLAHASSEE, FL 32306
  • Office Hours 830 AM-500 PM
  • PHONE (850) 644-0539
  • FAX - (850) 644-6404
  • www.financialaid.fsu.edu
  • Email ofacs_at_admin.fsu.edu
  • FAFSA school code 001489

3
What is Financial Aid?
  • Money given to assist you in funding your
    education beyond high school.

4
Who is eligible for Financial Aid?
Everyone!
  • Thats the secret?......

5
Apply Early!
Every year complete the Free Application for
Federal Student Aid (FAFSA) as soon as it becomes
available which is January 2nd
Why ?
Many funds are limited. Once a school starts to
award aid, funding can quickly become exhausted.
You want to be in line to be considered as soon
as awarding starts.
6
What are you applying for through the FAFSA?
  • Federal Grants (Pell, ACG, SMART, SEOG, TEACH)
  • Federal Work-Study
  • Federal Stafford Loans
  • Federal Perkins Loans

7
How to complete the FAFSA?
  • Apply for a PIN at www.pin.ed.gov
  • Both parents and student need a pin to sign FAFSA
    electronically .

8
How to complete the FAFSA?
  • Apply on-line at www.fafsa.ed.gov
  • Use previous years tax information or estimated
    tax information if taxes are not already
    completed

9
Which FAFSA do I complete?
  • Summer 2009?
  • 2008-2009 FAFSA
  • 2007 taxes
  • Institutional Summer Application
    www.finaid.fsu.edu
  • Fall 2009/Spring 2010/
  • Summer 2010?
  • 2009-2010 FAFSA
  • 2008 taxes

10
What happens once you have completed the FAFSA?
  • School receives ISIR (student receives Student
    Aid Report)
  • Student may be selected for Verification and
    additional documents will be required (30)
  • Check your status at www.finaid.fsu.edu
  • Accept or decline award(s) via the Office of
    Financial Aid student toolkit.

11
Office of Financial Aid Student Toolkit, view
your status!
12
Accepting Loans
  • Accept awards via office of financial aid student
    toolkit
  • Complete loan entrance counseling at
    www.finaid.fsu.edu
  • Complete Master Promissory Note at
    https//dlenote.ed.gov/empn/index.jsp
  • Parents needing additional funding can apply for
    a Federal Parent Plus Loan by completing a FAFSA
    (if not all ready of file), a Direct Loan
    Federal Plus Loan Application, and a Direct Loan
    Master Promissory note for parents. To print an
    application and for more details please visit our
    website at www.finaid.fsu.edu

13
Bright FuturesSomething NEW!
  • Students must complete all registered hours or
    they will be required to repay bright futures
    funds for any courses dropped!

14
Scholarships
  • Online Web search (Google scholarships)
  • Local organization such at Rotary Clubs
  • Churches
  • Local Banks and Credit Unions

15
Debt Management
Estimated Continuing Undergraduate Costs for
2009-10 Academic Year On/Off Campus  
  • Set a realistic budget and stick to it.
  • Exhaust all other alternatives before borrowing.
  • Only borrow what you need.
  • Avoid credit card debt.

16
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