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The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/111 Financial Aid 101 Office of Student Financial Aid and Enrollment.

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Presentation on theme: "The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/111 Financial Aid 101 Office of Student Financial Aid and Enrollment."— Presentation transcript:

1 The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/111 Financial Aid 101 Office of Student Financial Aid and Enrollment Services

2 The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/112 Institutional Aid State Aid Federal Aid Grants Scholarships Work Study Loans Types of Aid

3 The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/113 Applying for Financial Aid Apply for a PIN www.pin.ed.gov Fill out the FAFSA www.fafsa.ed.gov File FAFSA every year January 1 st – March 15 th

4 The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/114 Income Tax (1040, 1040A, 1040EZ) W-2’sPIN numbers, SSN, date of birth, name Saving and checking account information Records of stocks, bonds, investment Business, farm, real estate records (Not the home you live in) Information to Gather

5 The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/115 Submit FAFSA Using Estimated Figures

6 The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/116 Financial Information-IRS Data Retrieval Tool

7 The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/117 Special Circumstances & Professional Judgment See your institution’s Financial Aid Office Information Used to Determine the EFC Dependent Vs. Independent Income & Assets Household Size Number in College Age of Oldest Parent

8 The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/118 Full Time Fall / Spring UndergraduateLiving On-Campus Tuition and Fees (based on 15 hours per term) $9082 Books (based on 15 hours per term)$1000 Room and Board (average)$9635 Transportation (average)$670 Personal / Miscellaneous (average)$1836 Total Estimated Cost of Attendance$22,223 Cost of Attendance (COA)

9 The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/119 Grants Scholarships Work Study Loans How Schools Determine Awards

10 The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/1110 UTSA Awarding Philosophy Availability of Funds Demonstrated Financial Need Academic Performance New Student Admittance to the University by March 15 for Fall Semesters UTSA's Receipt of a FAFSA by March 15 For General Scholarships: Receipt of the General Scholarship Application by February 15

11 The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/1111 Texas Excellence Grant: First degree-seeking Undergraduates Date of FAFSA is considered Graduated HS recommended or distinguished Have EFC of $4000 or less Must be a Texas resident Must enroll at least ¾ time Making Satisfactory Academic Progress UTSA Grant: Date of FAFSA is considered Must be a Texas Resident Need based Grants

12 The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/1112 High School or Community Specific College Specific UTSA- February 15 th www.applytexas.org Major Specific www.utsa.edu/scholarships Outside Scholarships www.fastweb.com Merit, Need Based Scholarships

13 The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/1113 Must state interest on FAFSA Awarded to students with demonstrated need Funds are limited and paid as earned Student should coordinate with the Career Center to find on-campus employment Positions not guaranteed Work Study

14 The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/1114  Subsidized Stafford Loan: Interest is paid by Department of Education while you are in school  Maximum for freshman year = $3500  Unsubsidized Stafford Loan: Interest begins to accrue when the loan is taken out, so students must decide to make interest payments or allow interest to roll into principle balance  Maximum Sub/Unsub combined per year = $5500  Parent PLUS Loan: Parent credit worthiness is assessed; repayment begins 60 days after the second disbursement  Alternative Loan: Credit worthiness; Variable credit Loans

15 The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/1115 Responsible Borrowing Reduce Amount Borrowed Exhaust Federal Aid First Borrow Only What You Need Loan Portfolio

16 The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/1116 GPA Maintain a 2.0 cumulative GPA Course Completion 67% completion rate of attempted hours Maximum hours Maximum hours attempted must not exceed 150% of attempted hours 120 hours x 1.5 = 180! Satisfactory Academic Progress

17 The University of Texas at San Antonio, One UTSA Circle, San Antonio, TX 78249 1/3/1117 The University of Texas at San Antonio Office of Student Financial Aid and Enrollment Services One UTSA Circle San Antonio, TX 78249 (210) 458-8000 1-800-669-0919 financialaid@utsa.edu www.utsa.edu/financialaid Contact Us!


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