1. Financial Aid Profile Day Spring 2012 209.946.2421  financialaid@pacific.edu www.pacific.edu/financialaid

2. Financial Aid at Pacific  Total Aid: >$150 million (Stockton campus, 2011-2012)  Includes over $50 million in University funds  More than 80% of our students receive financial aid  Financial aid includes  Scholarships and grants  Loans  Work-study

3. Need-Based Grants & Scholarships  Federal Pell Grant  Federal SEOG  Cal Grant A / Cal Grant B (California residents)  Pacific matches Cal Grants, provided that the student qualifies financially and the combined awards are not in excess of the student’s actual tuition charges.  University awards www.pacific.edu/financialaid

4. Cal Grants: “It takes two forms ”  Financial eligibility (FAFSA)  Verified Cal Grant GPA  Some schools submit GPAs electronically  Others have students use the paper GPA form (available at California Student Aid Commission Web site)  Ask your high school for instructions!  Application Deadline (FAFSA & GPA): March 2 www.csac.ca.gov

5. Federal Student Loans & Work-Study  Federal student loans  Low interest rates and generous repayment terms  Repayment begins after the student leaves school and the grace period has expired  Federal work-study  Part-time employment during the school year www.pacific.edu/financialaid

6. Financial Eligibility  Estimated academic year Costs of Attendance  Tuition and other actual and estimated costs  Expected Family Contribution (EFC)  Calculated on the basis of FAFSA information using formulas prescribed by the federal government  Financial Need  Most aid is for students who demonstrate financial need  Exceptions: PLUS Loan (parents), Unsubsidized Stafford Loan Your eligibility can vary from school to school!

7. In summary...  Financial aid “package”  Students often qualify for funds from more than one financial aid program, thus a financial aid package  Scholarship recipients may qualify for aid in addition to the academic award  Federal PLUS Loan (Application Online)  For parents of dependent undergraduate students  FAFSA required - 7.9% interest rate  Presented loan amount is not actual or actual loan www.pacific.edu/financialaid

8. FAFSA (Free Application for Federal Student Aid)  Collects information about finances and other circumstances  Used to determine financial eligibility for federal, state, and University aid  Submit through Federal Student Aid processor  File online at www.fafsa.gov (FAFSA on the Web)  No charge to file! www.studentaid.ed.gov

9. FAFSA (continued)  List at least one California college or university  Sign with student and parent PINs  Eliminates need to print and mail a signature page  Pacific’s FAFSA school code: 001329 Keep a copy of your completed FAFSA. Online filers, be sure to print and save the confirmation page. If you file a paper FAFSA, get a Certificate of Mailing at the post office. www.fafsa.ed.gov

10. Application Checklist: Now  Get PINs: www.pin.govwww.pin.gov  Cal Grant GPA Verification  Mail completed form or confirm that school will submit GPA  2012-2013 FAFSA Worksheet Estimate eligibility for federal aid: FAFSA4caster Scholarship search: www.collegeboard.com, www.fastweb.comwww.collegeboard.comwww.fastweb.com

11. After you apply...  Federal Student Aid Report (SAR)  Check carefully against completed 2011 tax returns and submit corrections if necessary  California Aid Report (CAR)  Notifies Cal Grant recipients of award value  Financial Aid Award  Pacific will begin sending award notices by April 1.  Follow all instructions for receiving the funds awarded To make sure SAR email isn’t blocked add FederalStudentAid to address book

12. 2011 Income Documentation  U.S. income tax returns  Complete, signed copies of parent and student 2011 tax returns or 2011 IRS Transcript  All schedules and attachments, including W-2 forms  Send copies to Pacific Financial Aid Office Non-filer’s Statement  Submit this form if you will not file a 2011 income tax return Not part of initial application process but required for disbursement

13. Viewing your FA package Prospective students: Step 1 - Go to insidepacific.pacific.edu Step 2 - Enter your PacificNet ID and password Step 3 - Go to the Undergraduate Financial Aid Awards and Requirements section and select the access link Step 4 - Select the Financial Aid Options - Click Here link to navigate to the Financial Aid main menu Step 5 - Select the Award By Aid Year link Step 6 - Select 2012-13 Financial Aid Year from the drop down menu and click the "submit” button Step 7 - Select the Award Overview tab Note: Your PacificNet ID and initial default password is located on the second page of your Admission offer letter.

14. Accepting your FA award How to Accept your FA award Step 1 - Click on View Financial Aid Award Step 2 - Click on Award By Aid Year, select the aid year and click Submit Step 3 - Click on Accept Award Offer tab Step 4 - Click the arrow on the drop-down box by the loan you want to accept and select Accept Step 5 - Click on the Submit Decision button Note: If you want to accept the full amount of all of your awards click on the Accept Full Amount All Awards button.

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18. Importance of Accepting your FA Affects billing Impacts University Payment plans Loans take time (2-3 Business days) Master Promissory Note Entrance Counseling https://studentloans.gov Disbursement (& Refund?)

19. Need help? Contact us: Financial Aid Office  Knoles Hall Open Monday–Friday, 8:30–5:00 Counselors available (except Wednesday mornings) 9:30–12:00 and 1:00–4:00 209.946.2421 financialaid@pacific.edu www.pacific.edu/financialaid