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2008-2009 Financial Aid Information on Banner Staff Training Customer Service Specialists October 17, 2008 Office of Admissions and Financial Aid.

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Presentation on theme: "2008-2009 Financial Aid Information on Banner Staff Training Customer Service Specialists October 17, 2008 Office of Admissions and Financial Aid."— Presentation transcript:

1 2008-2009 Financial Aid Information on Banner Staff Training Customer Service Specialists October 17, 2008 Office of Admissions and Financial Aid

2 UALR Financial Aid Deadlines – Fall Semester February1 – Academic Scholarship Application Deadline March 1 – UALR Private Scholarship Deadline March 1 – Financial Aid Priority Deadline (complete FAFSA by this date for best chance of receiving SEOG and Work Study funds) July 1 – Financial Aid Preferred Deadline for the Fall (all financial aid and admission requirements must be complete by this date, or the student may not learn about aid eligibility until after October 1) November 1 - Financial Aid Final Deadline for the Fall Semester (students cannot receive financial aid for the fall term after this date).

3 UALR Financial Aid Deadlines – Spring Semester November 1 – Financial Aid Priority Deadline (complete FAFSA by this date for best chance of receiving SEOG and Work Study funds) December 1 – Financial Aid Preferred Deadline for the Spring term (all financial aid and admission requirements must be complete by this date, or the student may not learn about aid eligibility until after February 1) April 1 - Financial Aid Final Deadline for the Spring Semester (students cannot receive financial aid for the spring term after this date).

4 ROARMAN

5 Definition of Need Cost of Attendance -Expected Family Contribution Financial Need =Financial Need Definition of Financial Need

6 ROARMAN Cost of Attendance (BUDGET) EFC NEED

7 ROARMAN AWARDS

8 ROARMAN

9 ROASTAT

10 Verification Information

11 ROARMAN

12 Most recent SAP status ROASTAT

13 SAP Status Ineligible for financial aid ACSUSP -Academic Suspension CANCEL -Unsatisfactory Progress CANCHR – Cancel Due to Cumulative Hours CANCTM – Unsatisfactory Progress for Term (no hours completed) Eligible for financial aid REGULR – Good Standing PROBTN – Probation CONDPR – Probation with Conditions CONDAP – Appeal Approved with Conditions COMAPP – Committee Decision Eligible for Non-Federal Awards Only NONFED – Eligible for alternative loans and some scholarships

14 Satisfactory Academic Progress (SAP) status is determined at the end of the term and is effective beginning the next term. For example, SAP for Spring 200810 was determined on 05/15/08 and was effective beginning the Summer Term 200830 PLEASE REFER SAP QUESTIONS TO AN AID ADVISOR ROASTAT

15 ROARMAN

16 “IMMEDIATE PROCESS” SCREEN - USED TO PERFORM ON-LINE ROCEDURES ROAIMMP

17 ROARMAN

18 Based on student’s enrollment as of the financial aid “census date” – usually the last day of “schedule adjust.” This value remains constant for the term. ROAENRL Actual “registered” hours This fields will be displayed as soon as student has registered for the term, and values will change if the student adds or drops classes.

19 ROAENRL

20 ROARMAN

21 RBAABUD

22 ROARMAN

23 RRAAREQ

24 ROARMAN

25 Schedule Award – Maximum Eligibility Expected Disbursement – Amount Expected to Receive ROAPELL

26 ROARMAN

27 FAFSA Data RNANA09

28

29 ROARMAN

30 RPAARCS

31 ROARMAN

32 RPAARCS

33 RPAARSC “Third Party” Payments posted directly to student’s UALR account

34 ROARMAN

35 RPAAWRD OFRD – offered ACPT – accepted APRD – approved (automatic accept OR adjusted by AFA) DECL – declined by student CNCL – cancelled by AFA

36 RPAAWRD

37 QUESTIONS?

38 Thanks for your time!


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