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Stay, Stop, or Drop? 2014/2015 Office of Student Financial Assistance.

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Presentation on theme: "Stay, Stop, or Drop? 2014/2015 Office of Student Financial Assistance."— Presentation transcript:

1 Stay, Stop, or Drop? 2014/2015 Office of Student Financial Assistance

2 Stay, Stop, or Drop?  How your decision may impact your financial future:  Today  This Semester/Quarter  Next Semester /Quarter  Next Academic Year 2014/15 2

3 Goal: Participants will gain an understanding of assistance available for each decision:  Stay in school  Stop attending school for a period of time  Drop out of school 2014/15 3

4 Why the decision?  Common reasons student must decide whether to stay in, stop, or drop school:  Health issues  Family burdens  Employment demands  Lack of academic progress  Attendance issues 2014/15 4

5 Seek Key People for Advice  Academic Advisors  Financial Aid Staff  Student Service Counselors 2014/15 5

6 What is the next step?  Stay in school?  Stop out of school and return later?  Drop out completely? Each of these decisions WILL impact your financial future. 2014/15 6

7 You Decide to Stay in School  Financial Aid  Childcare  Transportation  Tutoring  Employment 2014/15 7

8 If you decide to stop temporarily  Temporary Leave of Absence  Medical Leave  Military Leave  Changes in Employment Schedule  Special Circumstances 2014/15 8

9 If you decide to drop from School: STEP 1  Visit the Financial Aid Office – how will this affect your future aid eligibility?  Will you need to pay back money to the school?  Do you have student loans? When will you enter repayment?  www.NSLDS.ed.gov www.NSLDS.ed.gov 2014/15 9

10 If you decide to drop from School: STEP 2  Visit the Registrar’s office – complete formal withdrawal process. 2014/15 10

11 If you decide to drop from School: STEP 3  Contact your servicer – update contact information and notify of change in enrollment status. 2014/15 11

12 Resources to Assist For more information about Budgeting, Credit, Repayment of Student Loan Debt, and Servicers, please visit:  www.NavigatingYourFuture.org www.NavigatingYourFuture.org  www.NSLDS.ed.gov www.NSLDS.ed.gov  www.StudentAid.ed.gov www.StudentAid.ed.gov  www.MappingYourFuture.org www.MappingYourFuture.org  www.FinAid.org www.FinAid.org 2014/15 12

13 Resources to Assist  Download our brochure: Stay, Stop, or Drop? Navigating Your Financial Future: www.NavigatingYourFuture.org 2014/15 13

14 Contact us  E-mail: osfa@fldoe.orgosfa@fldoe.org  Telephone: 1-888-827-2004  OSFA Outreach:  Representative Name  Representative Number  Representative E-mail 2014/2015 14

15 Questions? 2014/15 15


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