Presentation on theme: "Where excellence and opportunity meet. Financial Aid Office Fall 2012 Preview Days."— Presentation transcript:
Where excellence and opportunity meet. Financial Aid Office Fall 2012 Preview Days
Financial Aid Office FINANCIAL AID PROCESS GETTING STARTED The Financial Aid Basics & Applying for Financial Aid! Types of Financial Aid Programs & Applying for Scholarships!
Financial Aid Office WHAT IS FINANCIAL AID? Federal and state government funds in the form of grants, loans, and work-study to help finance your education. My family income is too high to qualify for financial aid! Financial aid is determined by more than just income. It is recommended that all students apply for financial aid! Myth:
Financial Aid Office FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA) www.fafsa.gov UW Oshkosh Federal School Code: 003920
Financial Aid Office WHEN SHOULD I APPLY? 2013-2014 FAFSA becomes available January 1 st March 15 th priority date (for students with high need) Request PIN (Personal Identification Number) for student and parent at www.pin.ed.govwww.pin.ed.gov File the FAFSA by March 15 th priority date, if possible, to be considered for limited funded financial aid programs Check email frequently as we may request additional information that must be completed in a timely manner!
Financial Aid Office HOW IS FINANCIAL AID AWARDED? Estimated Cost of Attendance (COA) (Determined by UW Oshkosh) – Expected Family Contribution (EFC) (Determined by FAFSA) __________________________________________________________________________________________________________________ = Financial Need *Total Financial Aid awards cannot exceed COA and need based awards cannot exceed financial need (outside scholarships may be an exception) Not all financial aid programs require Financial Need
Financial Aid Office REVIEWING COSTS 2012-2013 Costs for Wisconsin Residents* Tuition$7,360 Room/Board$6,926 Books$1,000 2012-2013 Costs for Non-Residents* Tuition$14,934 Room/Board$6,926 Books$1,000 A students individual budget should also include personal expenses and transportation expenses. *based on prior years and subject to change
Financial Aid Office FUNDING AT A GLANCE Scholarships & Grants Awarded funds that typically do not require repayment Federal Work-Study Awarded funds earned through part-time employment Loans Awarded funds that are borrowed and are to be paid back, sometimes with interest (available to both students and parents)
Financial Aid Office WHERE CAN I FIND SCHOLARSHIPS? www.uwosh.edu/fin_aid Types of Aid > Scholarships > Available Scholarships In addition, look to community resources: Service clubs, corporations, foundations, high school counseling office, employers, etc.
Financial Aid Office SEARCHING FOR SCHOLARSHIPS
Financial Aid Office COLLEGE GOAL WISCONSIN Free assistance in filing the FAFSA online, question by question! February 23 & 24, 2013 at locations across the state Oshkosh: Saturday, Feb. 23 rd in Reeve Union www.collegegoalwi.org