Free Application for Federal Student Aid (FAFSA)

Download Report

Transcript Free Application for Federal Student Aid (FAFSA)

Spring 2010 Student Teaching Presentation

Office of Student Financial Aid and Enrollment Services

The State of Texas Says…

 UTSA may only allow 6 hours of credit for student teaching  6 hours = Half-time status • UTSA

FAFSA Requirements

 Enrollment on the FAFSA must be at half-time status  If the FAFSA was submitted with a different status, come by Enrollment Services to fill out an Enrollment Change Form in April  FAFSA is available @ www.fafsa.ed.gov

Grants

 Half-time enrollment will result in the loss of the SMART Grant and the Texas Excellence Grant – Students are required to be enrolled in 12 hours and 9 hours, respectively, to continue receiving these two grants  Other Grants will be pro-rated and pay out at half the total amount

Loans

 Loans must be pro-rated at 20% of the yearly award  6 hours ÷ 30 hours = 20% – 30 hours = Full-time Academic Load based on annual Cost of Attendance

Scholarships

 Most donors are understanding about half-time status  Letter from Academic Advisor detailing student teaching requirements  Letters are turned into the awarding source – General Scholarships – Office of Student Financial Aid – – College or Department Outside Donors  Donors may pay out in full or pro-rate the award

Loss of Income

 If you decide not to work while student teaching, fill out the Loss of Income Form  Financial Aid will compare income from last year (2008-2009 FAFSA) with the current year  Loss of Income Forms available in April

Education Loan Forgiveness Program

 Read the Education Loan Forgiveness Program fact sheet distributed by the Office of Student Teaching  Submit application to Janet Scott ASAP

Contact Information

University of Texas at San Antonio Office of Student Financial Aid and Enrollment Services One UTSA Circle San Antonio, TX 78249 (210) 458-8000 1-800-669-0919 [email protected]

www.utsa.edu/financialaid