Georgia’s Financial Aid Programs

Georgia’s Financial Aid Programs
Hal J. Wilkinson K-12 Outreach Representative

Agenda GAfutures.org HOPE Program Overview HOPE Scholarship
Zell Miller Scholarship HOPE Grant and Zell Miller Grant HOPE Career Grant and HOPE GED Grant Dual Credit Enrollment: Move On When Ready Student Access Loan Program Other State Programs Today I will be providing information on the different programs that are a part of HOPE, the Student Access Loan Program and some other state financial aid programs that are available and administered by GSFC. Before I jump into the various programs, I want to give you a brief introduction to GSFC’s website – GAfutures.org

GAfutures.org

GAfutures.org Georgia’s primary resource to help students plan, apply and find affordable ways to pay for college GAfutures supports GSFC’s mission to increase access to education beyond high school for Georgia students

GAfutures.org Financial Aid Information College Planning Tools
The basics, state and federal programs, calculators, repayment options, financial literacy tips, national scholarship search College Planning Tools Timeline, test prep, College Money Matters, calculators, applications (admissions, financial aid), HOPE-eligible institutions highlighted, national college search Career Exploration Career assessments, interest profiler, Career Clusters and Pathways, skilled trades My GAfutures for Students Request high school transcripts, check HOPE GPA

HOPE & State Aid Programs
All of the programs GSFC administers are highlighted under the HOPE & State Aid Programs tab. You can find all of our applications, explore eligibility requirements, view award amounts, locate participating institutions and find other program-specific information in this section.

GSFAPPS The GSFAPPS is a Georgia-specific financial application that students will need to complete if you choose not to complete the FAFSA but are eligible for state aid, like HOPE. And again, you can find this under HOPE & State Aid Programs, Applications.

HOPE Program Overview

Zell Miller Scholarship
HOPE Overview HOPE - Helping Outstanding Pupils Educationally - is Georgia's unique scholarship and grant program that rewards students with financial assistance in degree, diploma and certificate programs at eligible Georgia public and private colleges and universities and public technical colleges. HOPE Program HOPE Scholarship Zell Miller Scholarship HOPE Grant Zell Miller Grant HOPE GED Grant HOPE Career Grant HOPE stands for Helping Outstanding Pupils Educationally. Since it’s inception 25 years ago, Georgia’s HOPE program has become a national model for merit-based student financial aid. HOPE consists of five different aid programs: the HOPE Scholarship the Zell Miller Scholarship the HOPE Grant the Zell Miller Grant and the HOPE GED Grant The HOPE Career Grant can provide additional aid to recipients of the HOPE Grant and the Zell Miller Grant.

September 1993 through July 2017
Giving HOPE September 1993 through July 2017 Students Amount Awarded University System 783,287 $6,537,995,760 Technical Colleges 929,037 $1,967,111,823 Private Colleges and Universities 184,711 $917,792,288 Totals 1,897,035 $9,422,899,870 *Students who transfer to another eligible institution are duplicated in this count. HOPE Program includes: HOPE Scholarship, Zell Miller Scholarship, HOPE Grant, Zell Miller Grant, HOPE Career Grant, and HOPE GED Grant. Source: Scholarships & Grants Database, GSFC, August 2017 The HOPE Program has been extremely successful in helping students pay for their postsecondary education for 23 years. More than $9 billion have been awarded to almost 2 million students all over Georgia.

The Future of HOPE HOPE Scholarship Zell Miller Scholarship Grant HOPE GED Grant HOPE Career Grant Zell Miller Grant The HOPE program is more stable now that the award amounts are tied to the amount of funding the Georgia Lottery for Education provides. The HOPE family of programs will continue to be a significant financial aid resource for Georgia students and their families.

The Future of HOPE Award amounts set each year by the Governor and the General Assembly Monitor the HOPE Program award amounts to plan for college expenses Consider opening a Path2College (529) savings and investment account to save for college expenses – path2college529.com While the funds for the HOPE program come from the Lottery, the award amounts are set each year by the Governor and General Assembly. We encourage everyone to monitor these amounts so they can plan accordingly when it comes to saving and paying for college. We also encourage everyone to consider opening a 529 plan to help save for college. Path2College is Georgia’s 529 savings plan and has been endorsed by Clark Howard and Governor Deal.

The HOPE Program Basic Eligibility
U.S. citizen or eligible non-citizen Georgia resident Graduated from a HOPE eligible high school Graduated from a HOPE eligible home study program Attending a University System of Georgia (USG) or Technical College System of Georgia (TCSG) postsecondary institution Attending an eligible private non-profit postsecondary institution or an eligible private proprietary (for-profit) institution These are the basic eligibility requirements for all of the HOPE Program’s scholarships and grants.

HOPE Program HOPE Scholarship

HOPE Scholarship Eligibility 3.0 HOPE GPA Core curriculum courses
GSFC must receive an official high school transcript Including graduation date Electronic or paper based on school status The HOPE GPA is a calculation of CORE curriculum courses. It doesn’t matter how many core courses are taken. GSFC calculates all core courses to determine a student’s HOPE GPA. GSFC must receive an official high school transcript which includes the student’s graduation date. The transcript can be electronic or paper based on the status of the school. NOTE: The HOPE Program requirements for home study students are slightly different. I will be happy to address any questions you may have regarding that or you are welcome to visit our website – GAfutures – or give us a call at GSFC(4732).

HOPE Scholarship Rigor Requirements Advanced math Advanced science
Advanced Placement (AP) courses in core subjects International Baccalaureate (IB) courses in core subjects Dual credit courses in core subjects taken during Dual Credit Enrollment Core courses taken at eligible postsecondary institutions Foreign language All high school students are required to receive credit for at least four courses deemed academically rigorous (rigor requirements) to be eligible for the HOPE Scholarship. GSFC will provide a list of eligible courses each year to the high schools as soon as they are received from Georgia DOE. Students must take and pass the designated number of rigor credits at some point before graduating from high school. Rigor classes include: Advanced Math Advanced Algebra Trigonometry Math III Advanced Science Chemistry Physics Biology III A list of approved courses are available on GAfutures

HOPE Scholarship Award Amounts Georgia public institutions
Portion of standard tuition Award amount per college available on GAfutures Georgia private institutions Full-time student $2,028 per semester (summer, fall, spring) $1,353 per quarter (summer, fall, winter, spring) Half-time student $1,014 per semester (summer, fall, spring) $677 per quarter (summer, fall, winter, spring) Award amounts for public institutions is a portion of the current year’s standard tuition, up to 15 credit hours. Award amounts for private institutions depend on enrollment status and whether a school is on a semester or quarter system.

Award Amount Example Here is an example of how the HOPE award amount looks for Georgia Southern University using the Award Amounts search tool on GAfutures. The number of hours taken, determines the HOPE Award Amount. A number of factors actually go into calculating the HOPE Award Amount. First is the Factor Rate. The Factor Rate is determined annually by GSFC against which the previous year’s HOPE Award Rate amount is multiplied. Then there is the HOPE Award Rate. This rate is equal to the previous year’s HOPE Award Amount multiplied by the Factor Rate. Then, finally, there is the HOPE Award Amount which you see here. The HOPE Award Rate is multiplied by the number of credit hours, up to a maximum of 15 hours.

HOPE Scholarship Maintaining HOPE 3.0 GPA at checkpoints Checkpoints
End of every spring semester/quarter 30/45 attempted semester/quarter hours 60/90 attempted semester/quarter hours 90/135 attempted semester/quarter hours Students can only regain the HOPE Scholarship ONCE Students will lose their HOPE Scholarship if they do not have a 3.0 GPA at any of the following checkpoints: End of every spring semester 30 attempted semester hours 60 attempted semester hours 90 attempted semester hours Students can regain HOPE if they have a 3.0 GPA at the following checkpoints: To help explain, here are two scenarios: The first scenario: You meet the eligibility requirements for HOPE in high school and will be receiving HOPE to help pay for college. At the end of your first spring semester, which is the first checkpoint, your GPA is reviewed and you have a 3.0. You maintain your HOPE Scholarship. At the next checkpoint, either 30 attempted hours or the following spring, your GPA is reviewed and you have a 3.0. As long as you maintain that 3.0 at each and every checkpoint, you will maintain your HOPE Scholarship. The second scenario is a little more involved. At the end of your first spring semester, your GPA is reviewed and you have a 2.9 or below. You have lost your HOPE funds for the first time. Generally, things can go one of two ways: At the next checkpoint, either 30 attempted hours or the following spring, your GPA is reviewed and you still have 2.9 or below. You have not regained HOPE. Your GPA will continue to be reviewed at each of the checkpoints. Should you raise your GPA to 3.0 or higher, you will regain HOPE. OR At the next checkpoint, your GPA is reviewed and you have a 3.0. You have regained HOPE. Your GPA is reviewed at the next checkpoint, 60 hours and the following spring, your GPA is 2.9 or below. You have lost HOPE for the second time. You are no longer eligible to regain HOPE. Please keep in mind there are other scenarios that may cause you to lose or regain your funding. These are meant to give you an idea of how the checkpoints and eligibility work.

HOPE Program Zell Miller Scholarship

Eligibility Rigor Requirements and one of the following: Designated valedictorian or salutatorian 3.7 high school GPA as calculated by GSFC in core curriculum courses AND 1200 SAT combined score (Critical Reading and Math) OR 26 ACT composite score All eligibility requirements for the Zell Miller Scholarship must be met at the time of graduation. The HOPE GPA also determines eligibility for the Zell Miller Scholarship. In addition to the basic HOPE Scholarship eligibility and Rigor Requirements, there are two other ways a student can be eligible for the Zell Miller Scholarship: Chosen valedictorian or salutatorian. Only ONE valedictorian and one salutatorian per school. Vals and sals must meet the basic qualifications for the HOPE Scholarship which includes your core courses and a 3.0 GPA OR Have a 3.7 HOPE GPA AND Receive a 1200 combined score in Critical Reading & Math in one SAT seating OR a 26 ACT composite score

Award Amounts Georgia public institutions Standard undergraduate tuition for current academic year Georgia private institutions Full-time student $2,240 per semester (summer, fall, spring) $1,494 per quarter (fall, winter, spring, summer) Half-time student $1,120 per semester (summer, fall, spring) $748 per quarter (fall, winter, spring, summer) Award amounts for public institutions is the current year’s standard tuition, up to 15 credit hours. As with the HOPE Scholarship, award amounts for private institutions depend on enrollment status and whether a school is on a semester or quarter system. You can use the same award amounts search tool on GAfutures for the Zell Miller Scholarship.

Maintaining Zell Miller 3.3 GPA at checkpoints Checkpoints End of every spring semester/quarter 30/45 attempted semester/quarter hours 60/90 attempted semester/quarter hours 90/135 attempted semester/quarter hours Students can only regain Zell Miller ONCE May still be eligible for HOPE Scholarship Students will lose Zell Miller if they do not have a 3.3 GPA at any of the following checkpoints End of every spring semester 30 attempted semester hours 60 attempted semester hours 90 attempted semester hours Students can regain Zell Miller if they have a 3.3 GPA at the following checkpoints The same logic behind losing and regaining the HOPE Scholarship applies to the Zell Miller Scholarship. So, we can refer back to the scenarios outlined for HOPE for Zell: The first scenario: You meet the eligibility requirements for the Zell Miller Scholarship in high school and will be receiving Zell to help pay for college. At the end of your first spring semester, which is the first checkpoint, your GPA is reviewed and you have a 3.3. You maintain your Zell Miller Scholarship. At the next checkpoint, either 30 attempted hours or the following spring, your GPA is reviewed and you have a 3.3. As long as you maintain that 3.3 at each and every checkpoint, you will maintain your Zell Miller Scholarship. The second scenario again is a little more involved. At the end of your first spring semester, your GPA is reviewed and you have below a 3.3. You have lost your Zell funds for the first time. Generally, things can go one of two ways: At the next checkpoint, either 30/60/90 attempted hours, your GPA is reviewed and you still have below a 3.3. You have not regained Zell. Your GPA will continue to be reviewed at each of the checkpoints. Should you raise your GPA back to 3.3 or above, you will regain Zell. OR At the next checkpoint, your GPA is reviewed and you have a 3.3. You have regained Zell. Your GPA is reviewed at the next checkpoint, 60 hours and the following spring, your GPA is below a 3.3. You have lost Zell for the second time. You are no longer eligible to regain Zell. And, as with HOPE, there are other scenarios that may cause you to lose or regain your funding. Now the good news is that you may have lost Zell but if you meet the basic eligibility requirements for the HOPE Scholarship, you can receive or gain the HOPE Scholarship. The same checkpoints and criteria to maintain the HOPE Scholarship we discussed earlier apply in this situation as well.

HOPE & Zell Miller Scholarships
Students lose eligibility due to one of the following: GPA requirement not met (3.0 for HOPE; 3.3 for Zell Miller) Reaching maximum attempted hours 127 semester 190 quarter Failing to use funds within seven years of high school graduation or equivalent Exception for military service time Received a bachelor’s degree Received first professional degree There are a few ways students can lose their eligibility for the HOPE Scholarship and Zell Miller Scholarship: Not maintaining your GPA Reaching the maximum hours allowed Failing to use your award within seven years and receiving a bachelor’s or professional degree.

HOPE Grant and Zell Miller Grant
HOPE Program HOPE Grant and Zell Miller Grant

HOPE Grant Eligibility Award Amount
High school GPA and/or test scores not considered Enrolled in a certificate or diploma program High school graduation not required Award Amount Portion of the standard tuition Award amount per college available on GAfutures The HOPE Grant is available for students looking to complete a certificate or diploma program from a University System of Georgia (USG) or Technical College System of Georgia (TCSG) school. In addition to the basic eligibility requirements for the HOPE Program Students must be enrolled in a certificate or diploma program But there is no GPA or test score requirements and you don’t have to have graduated from high school. The award amount is a portion of the current year’s standard tuition (up to 15 credit hours) and a complete award chart is available on GAfutures.

HOPE Grant Maintaining HOPE Grant
2.0 GPA at checkpoints 30/45 paid semester/quarter hours 60/90 paid semester/quarter hours Students lose eligibility due to one of the following: 2.0 GPA requirement not met Paid hours 63 semester/95 quarter Received a bachelor’s degree Joint or Dual Credit Enrollment students are not eligible The GPA requirement to maintain the HOPE Grant is 2.0. At each checkpoint, students must have at least a 2.0 to remain eligible for the HOPE Grant. And like the HOPE Scholarship and the Zell Miller Scholarship, you may only regain the HOPE Grant once before becoming ineligible for the program.

Zell Miller Grant Eligibility Award Amount
Enrolled in a certificate or diploma program High school GPA and/or test scores not considered High school graduation not required Minimum 3.5 cumulative postsecondary GPA Award Amount Standard undergraduate tuition, up to 15 hours Award for first term of enrollment will be paid retroactively if student has required 3.5 GPA To be eligible for the Zell Miller Grant a student must be enrolled in a certificate or diploma program at USG or TCSG. There are no high school requirements for Zell Miller Grant. Once you are enrolled in a certificate or diploma program you must maintain a minimum 3.5 cumulative GPA. The award amount is the standard undergraduate tuition, up to 15 hours. And the award is paid retroactively if you meet the minimum 3.5 GPA during your first term.

Zell Miller Grant Maintaining Zell Miller Grant
3.5 GPA checked at the end of each term Students that lose the Zell Miller Grant at the end-of-term checkpoint, may regain it if they have the required minimum cumulative 3.5 GPA at the end of the next term Students lose eligibility due to one of the following: 3.5 GPA requirement not met 63 paid or combined paid hours (HOPE Grant and Zell Miller Grant) met Joint or Dual Credit Enrollment students are not eligible Zell Miller Grant recipients eligible for HOPE Career Grant To maintain the Zell Miller Grant, the student must have the 3.5 cumulative GPA at the end of each semester. If your GPA goes below 3.5, you lose the Zell Miller Grant. Students can regain the Zell Miller Grant at the end of the next term if they have the required minimum 3.5 GPA. Students can regain the Zell Miller Grant multiple times. Students lose eligibility by not meeting the GPA requirement or meeting the 63 paid or combined paid hours. Joint or Dual Credit enrollment students are not eligible for the Zell Miller Grant but they are eligible for the HOPE Career Grant.

HOPE Grant vs Zell Miller Grant
Minimum 2.0 cumulative GPA Checkpoints: 30/60 paid hours Award Amount: Portion of tuition based on per credit hour rate, up to 15 hours Joint or Dual Credit Enrollment students are not eligible First term paid immediately if requirements met Eligible for HOPE Career Grant Zell Miller Grant Minimum 3.5 cumulative GPA Checkpoints: End of term Award Amount: Full standard tuition, up to 15 hours Joint or Dual Credit Enrollment students are not eligible First term is paid retroactively if student has the required 3.5 GPA Eligible for HOPE Career Grant

HOPE Career Grant and HOPE GED grant
HOPE Program HOPE Career Grant and HOPE GED grant

HOPE Career Grant HOPE Grant and Zell Miller Grant recipients eligible for HOPE Career Grant 226 certificate and diploma programs Complete list of approved programs on GAfutures Joint or Dual Credit Enrollment students are not eligible Enrolled Hours Award Amount 9 or more $500 per term 3 – 8 $250 per term 1 – 2 $125 per term The HOPE Career Grant (formerly the Strategic Industries Workforce Development Grant) was introduced three years ago and has become a great financial resource for many students. Students receiving the HOPE Grant or the Zell Miller Grant may also be eligible for additional financial assistance from this program. This program was created to boost enrollment in high-demand certificate and diploma programs such as Commercial Trucking, Early Childhood Care/Education and Practical Nursing. There are now 226 approved certificate and diploma programs eligible for the HOPE Career Grant. The award is a fixed amount depending on the program and number of hours the student is enrolled. You can find a list of approved programs and award amounts on GAfutures. This program is not available for dual enrollment students. Note: Commercial truck driving – enrolled 9+ hours; $1,000 one-time award.

HOPE GED Grant Eligibility Award Amount
Must be a Georgia resident for 12 consecutive months immediately prior to the first day of classes of the school term If not a Georgia resident on the date of the GED, must be a Georgia resident 24 consecutive months immediately prior to the first day of classes of the school term Award Amount $500 voucher Expires 24 consecutive months after receipt of award Per 2013 legislation, if a GED is awarded while the student is incarcerated, the voucher expires 24 consecutive months after release from incarceration The HOPE GED grant is available to students who earned a GED diploma from the Technical College System of Georgia. Student must be a resident for 12 consecutive months immediately prior to the first day of classes of the school term for which the HOPE GED Grant is sought. Full-time enrollment is not required. The HOPE GED Grant is a one time, $500 award that can be used toward the cost of a student’s education.

GSFC Representative Map
We have representatives across the state. Please do not hesitate to contact any of us.

Dual Credit Enrollment
Move On When Ready One way students can get a jump on earning college credits is to participate in a dual enrollment program. Move On When Ready is Georgia’s dual credit enrollment program.

Dual Credit Enrollment
Opportunity for students to earn credit hours toward a certificate, degree or diploma while they meet their high school graduation requirements Dual credit enrollment enables students to earn college credits while they meet their high school graduation requirements. Move On When Ready aims to expand dual enrollment opportunities by increasing the number of courses students can take for college credit and removing financial barriers to student participation. The goal of Move On When Ready is to increase college access and completion, and prepare students to enter the workforce with the skills they need to succeed.

Move On When Ready Eligibility 9th – 12th grade students
Beginning with the fall term of the 9th grade year Attending an eligible and participating high school or home study program Accepted for admission to an eligible and participating postsecondary institution All high school students (9th – 12th grade) attending a public or private high school in Georgia or home study program operated in accordance with O.C.G.A (c) can participate in Move On When Ready. Students should begin receiving program information and materials in 8th grade in preparation for high school. To participate in Move On When Ready, students sign an advisement form with their high school or home study program, meet the admissions requirements at the postsecondary institution of their choice and make satisfactory academic progress.

Move On When Ready Course Options
Students select courses from the Move On When Ready Course Directory available on GAfutures The Course Directory includes comparable required courses Degree/non-degree level core courses (English, math, science, social studies, foreign language) Career, technical and agricultural education courses Electives Move On When Ready offers a number of course options for students. All courses can be found in the Move On When Ready Course on GAfutures. Courses available include degree and non-degree level courses in core subjects (English, math, science, social studies and foreign language); career, technical and agricultural education courses, as well as electives.

Move On When Ready Applying for MOWR
Online application (GAfutures) to be completed by students attending an eligible public or private high school Paper application (printed from GAfutures) to be completed by home study students and students with no Social Security number Application has three parts Students and parents complete Part A High school counselors/home study instructors complete Part B Postsecondary institutions complete Part C All three sections must be completed and submitted to GSFC Students attending an eligible public or private high school or participating in the GAMES Academy or the Advanced Academy of Georgia should complete the Move On When Ready online application which can be found on GAfutures. Home study students must complete the paper application which can be printed from GAfutures. The application has three parts: Students and parents complete Part A High school counselors or home study instructors complete Part B Postsecondary institutions complete Part C All three sections of the application must be completed and submitted to GSFC.

Move On When Ready Application Deadlines
Student, high school/home study program or parent and postsecondary institution must complete the MOWR application and submit it to GSFC by the last day of the term in which MOWR is sought or date of withdrawal, whichever occurs first High schools and colleges may also have a MOWR procedure including earlier term deadlines Students must be approved and classified as a MOWR student

Move On When Ready Awards
Specific award amounts will vary based on the postsecondary institution and the number of credit hours In most cases, awards will cover All required standard tuition Mandatory fees Required book expenses In some instances, students may be responsible for lost/damaged books, books considered optional, or specific course-related fees, such as a lab fee Complete MOWR award amounts available on GAfutures Students who meet all eligibility requirements will receive a student-specific award amount to be applied to tuition, mandatory fees and books. The postsecondary institution cannot charge the student any additional tuition or mandatory fee costs for approved MOWR courses. The postsecondary institution must provide the required textbooks for the approved MOWR courses. How the books are provided to the MOWR student is determined by the postsecondary institution. The aid is paid to the postsecondary institution. The award chart for Move On When Ready can be found on GAfutures. Students may incur expenses for course related fees and supplies required for a particular course or optional fee charged by the postsecondary institution. If the postsecondary institution provided the textbooks through a lending program, the student may be charged a lost or damaged book fee if the book is not returned in the required condition. The student is responsible for tuition and fees for any course taken that is not on the MOWR Approved Course Directory and the student’s MOWR application.

Student Access Loan Program
One of the loan programs administered by GSFC is the Student Access Loan Program or SAL.

Student Access Loan Program
5/14/2018 Includes Student Access Loan at USG or private postsecondary institutions and Student Access Loan at TCSG postsecondary institutions Fixed interest rate 1% for the life of the loan, including repayment In the event of default, interest rate reverts irrevocably to 5% Monthly Keep In Touch (KIT) payment Monthly minimum KIT payments of $10 while enrolled at least half-time (6 hours or more) and in grace period First KIT payment due approximately sixty (60) days after first disbursement date Requirement communicated through website, application and s The Student Access Loan Program is available and USG or private postsecondary as well as TCSG schools. There is a 1% interest rate for the life of the loan unless you default. Then the interest rate goes to 5% and remains at 5% for the life of the loan. There is a monthly Keep In Touch or KIT payment of $10 while enrolled at least half-time and during the grace period. The SAL program is considered “gap” financing after all other financial aid options have been exhausted.

Student Access Loan Program USG and Private Postsecondary Institutions
Application Process Current HOPE and Zell Miller Scholarship recipients in a random selection based on available funds Followed by a random selection of the remaining applicants based on available funds Loan Amounts $500 minimum; $8,000 maximum; $36,000 aggregate limit $4,000 maximum term amount Eligible Programs Certificate, diploma and degree at an eligible postsecondary institution For the application process for SAL at USG and private postsecondary institutions, Current HOPE and Zell Miller Scholarship recipients are chosen in a random selection based on available funds Then there is a random selection from the remaining applicants based on available funds The minimum award amount is $500. The maximum award amount is $10,000 annually. And a student cannot exceed $36,000. There is also a $4,000 max per term. To be eligible, a student must be enrolled in an approved certificate, diploma or degree program at an eligible postsecondary.

Student Access Loan Program USG and Private Postsecondary Institutions
Other Requirements Must meet Satisfactory Academic Progress (SAP) and residency requirements May not decline other state and federal aid or VA educational benefits May decline federal and institutional work-study Parent Plus loan may also be declined Service Cancellation Options STEM teachers Public service Other requirements for SAL at USG and private postsecondary institutions include: Student must meet SAP and residency requirements You may not decline other state and federal aid or VA educational benefits You may decline federal or institutional work-study aid A portion or all of your Student Access Loan at USG and private postsecondary institutions can be forgiven if you choose to be a STEM teacher or accept a position in public service.

Student Access Loan Program TCSG Postsecondary Institutions
Application Process Current HOPE and Zell Miller Scholarship recipients in a random selection based on available funds Followed by a random selection of the remaining applicants based on available funds Loan Amounts $300 minimum; $3,000 maximum; $12,000 aggregate limit $1,500 maximum term Eligible Programs Certificate, diploma and degree at eligible postsecondary institution For SAL at TCSG postsecondary institutions, the applications are chosen the same as for SAL at USG and private postsecondary institutions. The loan amounts are Minimum $300 Maximum $3,000 annually And an aggregate limit of $12,000 and per term limit of $1,500 Again, students must be enrolled in a certificate, diploma and degree program at an eligible postsecondary institutions.

Student Access Loan Program TCSG Postsecondary Institutions
Other Requirements Must meet Satisfactory Academic Progress (SAP) and residency requirements May not decline federal or state scholarships, grants or VA educational benefits May decline federal loans or federal or institutional work-study Loan Discharge Option Graduate from the program of study for which SAL at TCSG was received with a cumulative GPA of 3.5 or higher Other requirements for the SAL at TCSG schools include: Student must meet SAP and residency requirements You may not decline other state and federal aid or VA educational benefits You may decline federal loans or federal or institutional work-study aid If you graduate from the program of study for which you received Student Access Loan funds with a cumulative GPA of 3.5 or higher, your loan will be forgiven.

SAL Application and Selection Cycles
5/14/2018 Application cycle date(s) announced annually Application cycle will be open while funds are available Schools will be notified and certify the selections Schools will notify students Each year, usually in the spring, application cycle dates are announced for SAL. Depending on funding, additional cycles may be announced. Four random selection dates take place during the designated cycle. Schools are notified which applicants have been chosen, the schools certify and then notify the student.

Other State Programs GSFC also administers several other state financial aid programs

Other State Programs Georgia Military College State Service Scholarship Georgia National Guard Service Cancelable Loan HERO Scholarship Public Safety Memorial Grant REACH Scholarship Scholarship for Engineering Education (SEE) Scholarship for Engineering Education for Minorities (MSEE) Tuition Equalization Grant (TEG) University of North Georgia Military Scholarship University of North Georgia ROTC Grant University of North Georgia ROTC Grant for Future Officers The Georgia Student Finance Commission administers a number of other state programs to help Georgians pay for college. More information and eligibility requirements for all of these programs can be found on GAfutures.

Additional Resources GAfutures.org Georgia’s College Connector
GSFC.org FAFSA.gov StudentAid.gov Prepare for College Types of Aid Who Gets Aid Apply for Aid Repay Your Loans Here are some additional resources to help you in the financial aid process. GAfutures has sections dedicated to state and federal financial aid. StudentAid.gov and it’s affiliated sites have a wealth of information about federal financial aid.

Contact Us 800.505.4732 outreach@gsfc.org
You can also call our 800 number or our Outreach Services with any questions you may have.

Be Social You can follow us on our GAfutures Facebook, Twitter and You Tube for all the latest and greatest information about financial aid – tips, resources, reminders, and more.

OUR MISSION To promote and increase access to education beyond high school for Georgians. OUR VISION To be the premier provider of student financial aid and educational services for Georgians.

Georgia’s Financial Aid Programs

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