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Student Financial Services SOAR/Family Orientation 2014
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Complete the 2014-2015 Free Application for Federal Student Aid (FAFSA) Will need to have filed 2013 income tax returns Use IRS Data Retrieval when filing FAFSA UNA priority date for FAFSA filing is June 1, 2014 Go to www.fafsa.gov to complete online application
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Grants Loans- parent and student loans Work study
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Student Aid Report (SAR) is produced in 3 business days It is emailed or mailed to student by Department of Education’s processor SFS will receive student’s electronic FAFSA record and notify student via UNA Portal email/Self-Service of unsatisfied requirements or problems with FAFSA
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SFS will calculate loan eligibility and notify student via UNA Portal email/Self-Service Student will accept, decline or reduce loan amount offer in UNA Portal Financial Aid Self- Service Student must sign Master Promissory Note (MPN) with the federal Department of Education via UNA Self-Service or at www.studentloans.gov
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Freshmen are eligible for up to $5,500 in Stafford loans per academic year ($2,750/semester) This amount of loan money by itself will not be sufficient to pay all tuition and fee charges Freshmen may be eligible for an additional $4,000 in unsubsidized Stafford loan if parent applies for and is denied a PLUS loan (Parent Loan for Undergraduate Students) PLUS application is available on our website
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13 hours (Alabama resident)= $7,100 Includes tuition, fees, room, board and books This projection is for one semester 13 hours (Non-resident)= $10,200 Includes tuition, fees, room, board and books This projection is for one semester
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There is a 30-day delay of the first loan disbursement for new freshmen. This delay applies to the first semester of attendance ONLY A refund check will be issued to the student and mailed to student’s campus mailbox if the financial aid amount is greater than the student account balance NOTE: The UNA bookstore does NOT bill through UNA Student Accounts. Students should be prepared to purchase required textbooks
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Scholarship deadline for 2014-2015 WAS February 3, 2014 Your student may next apply for scholarships in UNA’s Endowed Scholarship program Application will be available on the Student Financial Services website November 25, 2014 Deadline for application is February 2, 2015
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Student must make satisfactory academic progress in order to continue to receive aid Student’s progress is evaluated after each semester Student must ◦ Complete at least 75% of all attempted courses ◦ Must have the required UNA GPA for their classification ◦ Must not attempt over 172 hours in their first degree ◦ Students who do not meet these requirements will be in danger of losing financial aid eligibility
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Scholarship recipients must meet the following criteria in order for scholarship to be renewed ◦ Must have at least 3.0 UNA GPA and at least 27 earned hours within the year for Academic Scholarships ◦ Must have at least a 2.75 UNA GPA and at least 27 hours within the year for Leadership Scholarships
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Student must indicate interest in work-study program on FAFSA application Federal work-study is need-based University work-study is NOT need-based. All students are eligible for UWS Go to our website- www.una.edu/financial-aid Click on “Work-study” Click the link to “Career Planning and Development” Please read the instructions on how to apply
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Student makes contact as directed in the job listing Student is hired by the office or department Student completes required employment documents Pay for work-study jobs is NOT applied to the student account Students are issued paychecks monthly
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Students may work up to 20 hours per week Rate of pay is generally minimum wage Some students may begin working as early as August 1, 2014
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UNA Portal is the official means of communication to the student The student will be notified of his or her federal aid application status and awards through UNA Portal email and Self-Service ONLY We will not notify the parent of the student’s financial aid status nor will we notify student or parent by postal mail
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Via phone: 1-800-TALK-UNA or 256-765- 4278 In person: Room 318, The Commons Building 8:00 a.m.- 4:30 p.m., Monday- Friday Via e-mail: sfins@una.edu For more information, visit our website: www.una.edu/financial-aid www.una.edu/financial-aid Check us out on Facebook! ◦ Search “UNA Student Financial Services”
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