University of Georgia Orientation to Financial Information

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Transcript University of Georgia Orientation to Financial Information

Student Financial Aid Information Provided by the Office of Student Financial Aid at the University of Georgia

Office Contact Information

Our address: 220 Holmes/Hunter Academic Building Athens, GA 30602-6114 (It is the big building behind the Arch.) Telephone (706) 542-6147 Fax (706) 542-8217 Web site: www.uga.edu/osfa E-mail: [email protected]

Estimated Cost of Attendance for Fall 2011 & Spring 2012 combined Tuition & Fees Books/ Supplies Room & Board Transportation Living Expenses

Total GA Resident On Campus

9472 1078 8708 320 1242

20,820 Non Resident On Campus

27,682 1078 8708 320 1242

39,030

Estimated Breakdown of Expenses That Must Be Paid in August for Fall 2011

Flat Rate Tuition for 7+ Hours

Student Fees Average Cost of Residence Hall Seven Day Meal Plan Average Cost of Books

In-State: $3641 Out-of-State: $12,746

$1095 $2458 $1896 $539 Estimated Total for In-State: $9629 Estimated Total for Out-of-State: $18,734

Types of Financial Aid

Scholarships (Including HOPE & Zell Miller Scholarship) Grants Federal Work Study Federal Student Loans Federal Parent Loans

How to Apply for Aid

To apply for federal aid complete the:

2011-12

Free Application For Federal Student Aid (FAFSA)

www.fafsa.gov

Save your PIN, and use it next year!

How to Apply for HOPE

www.gacollege411.org

Am I required to reapply for HOPE each year?

If you apply via the FAFSA, the FAFSA must be completed each year.

Applying for HOPE continued…  If you apply for HOPE via GAcollege411.org

, you do not have to reapply for HOPE each year…

As Long As You Do Not Have a Prolonged Break In Enrollment!

We highly encourage all HOPE eligible students to apply for HOPE via www.gacollege411.org!

Your Financial Aid Award

Once your Award has been created, OSFA will notify you via e-mail

Your Award will be available for viewing in OASIS at oasisweb.uga.edu

How to Access Your Award in OASIS

Sample Award

Pre-accepted Aid Defined

Any type of gift aid that does not require students to repay the aid or to work to earn the aid.

Examples: Scholarships HOPE or Zell Grants (Federal Pell, FSEOG, etc) We automatically accept these types of aid for the student

.

Unaccepted Aid Defined

Non-gift aid that requires student action.

Examples: Federal Loans/ Federal Work Study

These types of non-gift aid are indicated with a blank line (______) under “Amount You Accept” on the Award screen.

How to Accept Unaccepted Aid

For each type of aid requiring an action by you, enter an “AMT YOU ACCEPT”. Enter 0 if you do not wish to accept this type of aid.

HOPE Scholarship

What will HOPE pay?

For the 2011-2012 academic year, it pays $212.10 per credit hour for up to 15 hours.

HOPE does not pay for student fees or books

Zell Miller Scholarship

What will the Zell Miller Scholarship pay?

100% current year, standard rate tuition

Zell does not pay for student fees or books

Zell Miller Eligibility Requirements  Must have graduated from an eligible high school in 2007 or later  High school HOPE GPA of 3.70, and  Sat score of 1200 or ACT score of 26 in one test administration; or  Valedictorian or Salutatorian (must be HOPE eligible)  **If a student is not eligible out of high school, he or she is NEVER eligible

Test Scores for Zell Miller Scholarship  Test must be taken in single administration  Test must be taken by last day of high school 

Exception for class of 2011 who have until June 30

HOPE Eligibility Checkpoints

OSFA must check for a 3.0 HOPE GPA at the 30 , 60 and Benchmarks 90 HOPE attempted hour Students either: (1) maintain (2) gain or (3) lose HOPE at these Benchmarks

Spring HOPE Checkpoint

OSFA must also check for a 3.0 HOPE GPA after every Spring Semester

Students either (1) maintain or (2) lose HOPE eligibility at the Spring checkpoint.

Students cannot (re)gain HOPE unless Spring is also their 30, 60 or 90 Benchmark.

Loss of the HOPE Scholarship

Student can only lose & regain HOPE once during their academic career

Maintaining the Zell Miller Scholarship 

Must maintain a 3.30 HOPE GPA

Same GPA calculation, benchmarks, and caps as HOPE

Can only lose & regain Zell once. Students that have a GPA below a 3.00 at a checkpoint are considered to have a loss for both HOPE and Zell.

Plus/ Minus & HOPE

Plus/ minuses are not considered when calculating a student’s HOPE GPA!

Hard 127 Attempted/ Paid Hour Cap

HOPE & Zell will now only pay up to 127 attempted or paid hours.

Seven Year Limit

A student who has NOT received HOPE Scholarship payment prior to Summer 2011 may receive HOPE until 7 years after his or her high school graduation date, GED test date, Home Study Completion date, or date student stopped pursuing a diploma.

Outside Scholarship Checks

All outside scholarship checks should be mailed to OSFA

Include student’s full name and last 4 digits of SSN or full 810 # on the check

Scholarship checks must be received by OSFA no later than July 15!

(If you wish to have the check processed in time to be applied toward Fall 2011 charges)

Scholarship Reporting Form 

Each year many UGA students are awarded scholarships by private (outside) sources such as high schools, civic organizations, charitable foundations, businesses, etc.

All awards from sources outside UGA must be reported to OSFA to ensure we have the most accurate picture of your financial assistance.

How to Access the Scholarship Reporting Form

Freshman Loan Limits

Dependent Students Annual Subsidized/ Unsubsidized Maximum Freshman $3500 Sub or Unsub based on need + $2000 Unsub Total: $5500

Federal Parent PLUS Loan

To apply for the Parent PLUS Loan, a student MUST complete the FAFSA, even if the only federal aid being requested is the Parent PLUS Loan.

If the FAFSA application process has been completed and the PLUS Loan is not listed on the student’s Official Award, you may request the PLUS Loan by having the student complete a Change in Aid Request via our Web site.

Change in Aid Request

See You at the Resource Fair!