Transcript Slide 1
Financial Aid
Preview Days Fall 2014
209.946.2421
s
www.pacific.edu/financialaid
Net Price Calculator
Using the net price calculator, your information will generate an estimate of the financial aid package awarded to students with similar characteristics. www.pacific.edu/financialaid
Financial Aid at Pacific
Total Aid: >$160 million
(Stockton campus, 2013-2014) Includes over $60 million in University funds More than 85% of our students receive financial aid
Financial aid includes
Scholarships and grants Loans Work-study
Academic Scholarships/Freshmen
Powell Scholars Program $35,000
Additional support for undergraduate research, study abroad Application deadline:
December 1 go.Pacific.edu/PowellScholars
Regents’ Scholarship $10,000.00
President’s Scholarship $6,500.00
Provost’s Scholarship $4,000.00
www.pacific.edu/financialaid
Need-Based Grants & Scholarships
Federal Pell Grant
Federal SEOG
Cal Grant A
/
Cal Grant B
(California residents)
University Grants/ UOP Grants
www.pacific.edu/financialaid
Federal Student Loans & Work-Study
Federal student loans
Low interest rates and flexible 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
Financial Eligibility
Estimated academic year Costs of Attendance
Tuition and other actual and estimated costs Net Price Calculator
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!
In summary . . .
Financial aid “package”
Students often qualify for funds from more than one financial aid program —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
www.pacific.edu/financialaid
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
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 First day to file (online or paper):
January 1, 2015
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
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
Application Checklist: Now
Apply for
admission
Get PINs:
www.pin.gov
Cal Grant GPA Verification
Mail completed form
or
confirm that school will submit GPA Utilize the University of the Pacific Net Price Calculator to estimate potential award package.
Application Checklist: January
File 2015-2016 FAFSA
Pacific’s school code:
001329
Priority FAFSA filing date:
February 15
Apply on time —don’t wait for an admission decision Use
estimated 2014 income
figures if necessary Reminder: Submit Cal Grant GPA by
March 2
After you apply . . .
Federal Student Aid Report (SAR)
Check carefully against completed 2014 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
2014 Income Documentation
U.S. Federal Tax Transcript
2014 Federal Tax Return Transcript Include W-2 forms Send copies to Pacific Financial Aid Office **The FAFSA also offers “data retrieval”
Non filer’s Statement
Submit this form if you
will not
file a 2014 income tax return Not part of initial application process but required for disbursement
MATERIALS NOT RECEIVED BY 7/01/2015 MAY CAUSE A DELAY IN DISBURSEMENT
To contact us . . .
Financial Aid Office
s
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 • [email protected]
www.pacific.edu/financialaid