Welcome to STAR

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Tuition and Billing
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Tuition, University Housing, and meal plan
charges will appear on your PAWS account.
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All Fall 2008 tuition and fees are due August
25, 2008
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Room and meal plan charges have two separate due
dates, August 1 and August 25
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No paper bills will be sent to currently
registered students.

• An Online Statement of Account is available on
  your PAWS account.

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All students must sign a University Credit
Agreement.
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Financial Aid
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• Websites
• PIN.ed.gov
• FAFSA.ed.gov
• Apply online
• It is Free and Fast!
• UWM Department of Financial Aid
• www4.uwm.edu/financialaid

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Best Advice

• APPLY!

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Remember

• Re-apply every year between January 1st and March
  1st

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• What is Financial Aid?
• Gift Aid (Grants and Scholarships)
• Federal Work Study
• Loans

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FFELP Stafford Loans

• Subsidized
• Non-interest bearing while in school

• Unsubsidized
• Interest bearing while in school

• Interest rates 2008-09
• 6 Sub and 3500 FR max
• 6.8 Unsub and 2000 FR max
• 5500 total maximum loan

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Self-Service
Each student must Accept all work study and
loan awards through their PAWS account
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• Additional Options
• PLUS (interest 8.5 fixed)
• Alternative Education Loans (interest varies)
• Which is better?
• Apply for both from our website
• www4.uwm.edu/financialaid

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How do I make sure my financial aid will be
disbursed on time?

• 1) Accept any work study and loan awards
  through PAWS account Self-Service feature
• 2) Report Credit Level if less than 12 credits
• 3)Complete a Master Promissory Note
• Entrance Loan counseling from Website
• 4)Report any additional funding

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• Master Promissory Note Entrance Loan
  Counseling
• www4.uwm.edu/finaincialaid
• Click Online Loan Processing

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Choose a Lender

• Several different suggested lenders on our
  website
• Look at borrower benefits and origination fees
  (should be no more than 1)
• For additional lender options visit
  www.wasfaa.net

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Payment of Financial Aid

• First disbursement of financial aid is August
  23rd

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Use of financial aid funds

• Tuition and/or housing is automatically paid,
  excess cash is mailed

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• What is my balance DUE?
• Tuition Aid Balance Due
• If balance positive, that is amount due
• If balance negative, that is your excess cash

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• Example
• Freshman loan 5500/year
• 2750 fall / 2750 spring semester
• Remove Loan Fees 1
• 2750 - 27.50 2692.50

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What is my balance due?

• 3788 2692.50 1095.50
• Tuition Aid Balance Due
• Balance due 1095.50

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• Unusual Circumstances
• Divorce, unemployment, death, high medical
  bills
• Meet with an Advisor to gather information
• Dont wait to pay your tuition

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Questions? Thank You for your time!