Presentation on theme: "Provided by the Office of Student Financial Aid at the University of Georgia Student Financial Aid Information."— Presentation transcript:
Provided by the Office of Student Financial Aid at the University of Georgia Student Financial Aid Information
Office Contact Information Our address: 220 Holmes/Hunter Academic Building Athens, GA 30602-6114 (It is the big building behind the Arch.) Telephone (706) 542-6147 Fax (706) 542-8217 Web site: www.uga.edu/osfa E-mail: firstname.lastname@example.org@uga.edu
Types of Financial Aid Scholarships (Including HOPE & Zell Miller Scholarship) Grants Federal Work Study Federal Student Loans Federal Parent Loans
How to Apply for Aid To apply for federal aid complete the: 2011-12 Free Application For Federal Student Aid (FAFSA) www.fafsa.gov Save your PIN, and use it next year!
Pre-accepted Aid Defined Any type of gift aid that does not require students to repay the aid or to work to earn the aid. Examples: Scholarships HOPE or Zell Grants (Federal Pell, FSEOG, etc) We automatically accept these types of aid for the student.
Unaccepted Aid Defined Non-gift aid that requires student action. Examples: Federal Loans/ Federal Work Study These types of non-gift aid are indicated with a blank line (______) under “Amount You Accept” on the Award screen.
How to Accept Unaccepted Aid For each type of aid requiring an action by you, enter an “AMT YOU ACCEPT”. Enter 0 if you do not wish to accept this type of aid.
HOPE Scholarship What will HOPE pay? For the 2011-2012 academic year, it pays $212.10 per credit hour for up to 15 hours. HOPE does not pay for student fees or books
Zell Miller Scholarship What will the Zell Miller Scholarship pay? 100% current year, standard rate tuition Zell does not pay for student fees or books
Zell Miller Eligibility Requirements Must have graduated from an eligible high school in 2007 or later High school HOPE GPA of 3.70, and Sat score of 1200 or ACT score of 26 in one test administration; or Valedictorian or Salutatorian (must be HOPE eligible) **If a student is not eligible out of high school, he or she is NEVER eligible
Test Scores for Zell Miller Scholarship Test must be taken in single administration Test must be taken by last day of high school Exception for class of 2011 who have until June 30
Spring HOPE Checkpoint OSFA must also check for a 3.0 HOPE GPA after every Spring Semester Students either (1) maintain or (2) lose HOPE eligibility at the Spring checkpoint. Students cannot (re)gain HOPE unless Spring is also their 30, 60 or 90 Benchmark.
Loss of the HOPE Scholarship Student can only lose & regain HOPE once during their academic career
Maintaining the Zell Miller Scholarship Must maintain a 3.30 HOPE GPA Same GPA calculation, benchmarks, and caps as HOPE Can only lose & regain Zell once. Students that have a GPA below a 3.00 at a checkpoint are considered to have a loss for both HOPE and Zell.
Plus/ Minus & HOPE Plus/ minuses are not considered when calculating a student’s HOPE GPA!
Hard 127 Attempted/ Paid Hour Cap HOPE & Zell will now only pay up to 127 attempted or paid hours.
Seven Year Limit A student who has NOT received HOPE Scholarship payment prior to Summer 2011 may receive HOPE until 7 years after his or her high school graduation date, GED test date, Home Study Completion date, or date student stopped pursuing a diploma.
Outside Scholarship Checks All outside scholarship checks should be mailed to OSFA Include student’s full name and last 4 digits of SSN or full 810 # on the check
Scholarship checks must be received by OSFA no later than July 15! (If you wish to have the check processed in time to be applied toward Fall 2011 charges)
Scholarship Reporting Form Each year many UGA students are awarded scholarships by private (outside) sources such as high schools, civic organizations, charitable foundations, businesses, etc. All awards from sources outside UGA must be reported to OSFA to ensure we have the most accurate picture of your financial assistance.
Satisfactory Academic Progress (SAP) 67% of all the credit hours students attempt at and transfer to UGA must be successfully completed and a minimum overall 2.0 GPA maintained in order to remain eligible for financial aid!
Freshman Loan Limits Dependent StudentsAnnual Subsidized/ Unsubsidized Maximum Freshman$3500 Sub or Unsub based on need + $2000 Unsub Total: $5500