Do the - Student Financial Aid
Transcription
Do the - Student Financial Aid
FAFSA4caster Do the What is the FASFA4caster? Math The FAFSA4caster is an online tool that will help you get an early start on the financial aid process by: 1. Providing an estimate of federal student aid eligibility. 2. Providing an estimate of the cost at selected institutions. 3. Giving an experience similar to the FAFSA on the Web online application. 4. Providing an option to apply for your FSA ID. 5. Increasing knowledge of the financial aid process and providing information about other sources of aid. What’s the Cost? The cost of attendance is a comprehensive planning budget that consists of tuition and fees, housing, meal plan, books, transportation and personal expenses. Of those components, the direct cost owed to Kent State University includes tuition and fees, oncampus housing and a meal plan. Amounts listed below represent average 2015-2016 academic year expenses and are subject to change for 2016-2017. Additional fees may include program fees and special course fees. Kent Undergraduate Regional Undergraduate $ 10,012 $ 5,664 Tuition Ohio Resident $ 18,212 $ 13,864 Tuition Non-Ohio Resident $ 6,464 Standard Double Room —— $ 3,870 Basic Meal Plan —— Graduate $ 10,864 $ 18,380 —— —— – Calculation for Estimated Out-of-Pocket Cost Direct Cost (tuition and fees, on-campus housing and a meal plan) minus Scholarships and Financial Aid = equals Estimated Amount Due Payment Options To view various payment plan options, please visit the Bursar’s Office at www.kent.edu/bursar/payment-options-overview. Discover Financial Aid To access the FAFSA4caster, visit www.fafsa.gov. The online application is under the Thinking About College section of the home page. Summer 2016, Fall 2016, Spring 2017 An Eight-Campus Learning Community Kent Campus Information Mailing Address: Student Financial Aid Office Kent State University P.O. Box 5190 Kent, Ohio 44242-0001 Location: 103 Schwartz Center 800 E. Summit Street Kent, Ohio 44240 Contact Information: Phone: 330-672-2972 Fax: 330-672-4014 www.kent.edu/financialaid Regional Campus Information Federal School Code 003051 Federal School Code Kent State University at Ashtabula • 440-964-4213 • www.kent.edu/ashtabula 003052 Kent State University at East Liverpool • 330-382-7557 • www.kent.edu/columbiana 003056 Kent State University at Geauga • 330-834-4187 • www.kent.edu/geauga 003059 Kent State University at Salem • 330-337-4209 • www.kent.edu/columbiana 003061 Kent State University at Stark • 330-244-3251 • www.kent.edu/stark003054 Kent State University at Trumbull • 330-675-8860 • www.kent.edu/trumbull 003064 Kent State University at Tuscarawas • 330-339-3391 • www.kent.edu/tusc 003062 1 www.kent.edu/financialaid Check it Out September - December April - May www.kent.edu/admissions by Jan. 15 to be considered for incoming freshman scholarships. Begin a comprehensive scholarship search at www.kent.edu/financialaid/scholarships. Review the Student Financial Aid Office website at www.kent.edu/financialaid to gain basic knowledge of financial aid. Estimate your out-of-pocket expenses by using the Net Price Calculator at www.kent.edu/financialaid/calculator. View current direct costs to attend Kent State University, which include: ❑ Tuition: www.kent.edu/bursar ❑ On-campus Housing: www.kent.edu/housing ❑ Meal Plans: www.kent.edu/dining January - March Consider attending a financial aid workshop or a high school financial aid presentation. Create a Federal Student Aid ID at fsaid.ed.gov. If the student is dependent, at least one parent must also apply. The FSA ID will serve as an electronic signature on the FAFSA. File the 2016-2017 Free Application for Federal Student Aid (FAFSA) at www.fafsa.gov by Feb. 15 for priority processing and to ensure maximum financial aid eligibility. View your student financial aid awards and/or any outstanding financial aid requirements via FlashLine at flashline.kent.edu. If you plan to enroll at Kent State University for a summer semester and would like to use your financial aid, complete the Summer Aid Request Form at www.kent.edu/financialaid/summer. Register for Destination Kent State at www.kent.edu/destination. Types of Aid Kent State University Freshman Scholarships Grants Founders ScholarshipHonors Scholarship Oscar Ritchie Memorial Scholarship Trustee Scholarship Federal Supplemental Educational Opportunity Grant (FSEOG) Students must have an Expected Family Contribution (EFC) of zero based on the results of the FAFSA. The dollar amount can vary based on financial need and enrollment status. Students must be enrolled in at least 6 credit hours (half-time) each term. This grant is for undergraduate students only. Kent State University offers scholarships to outstanding incoming freshman students. Students who submit a complete application for admission (including test scores, transcripts and paid application fee) by Jan. 15 and who are admitted to the Kent Campus will automatically be considered for the following scholarships: Student Financial Aid Checklist Apply for admission to Kent State University at Kent Campus Scholarships To make an informed decision about borrowing a student Incoming non-Ohio Residents admitted to the Kent Campus will also be considered for the President’s Grant, University Award and President’s Scholarship. loan, utilize tools and information available on our financial literacy website at www.kent.edu/financialaid/literacy. Students are strongly encouraged to create a budget to project their expenses prior to attending. Loans are funds that must be repaid; so only borrow what you need after careful consideration. If borrowing federal student loans: Students must accept, decline or reduce federal loans via FlashLine. First-time borrowers must complete Entrance Counseling and sign the Master Promissory Note at www.studentloans.gov. Parents can apply for the Federal Direct PLUS by visiting www.studentloans.gov. View information about direct loan interest rates and repayment of federal loans at www.studentaid.gov. If borrowing a private/alternative student loan, compare lender options and apply through www.kent.edu/financialaid/fastchoice. If awarded institutional scholarships from Kent State University, accept via FlashLine. Attend the Financial Aid session and receive the “Your Financial Aid Plan” document at Destination Kent State. • Scholarship awarding is based on cumulative high school GPA and test scores (ACT or SAT taken before Dec. 31 of their senior year). • In some cases, financial need, academic major, extracurricular activities and demonstrated leadership are also considered during the selection process. • Most scholarships are renewable for an additional six consecutive terms, for a total of eight terms, provided students meet specific renewal criteria for each scholarship. • Scholarship offers may include a combination of several scholarship programs. • Visit the Honors College website at www.kent.edu/honors for additional information regarding the admissions process and deadlines. Kent State University Transfer Student Scholarships •T ransfer Students who will attend the Kent Campus should apply and be admitted to Kent State University no later than Jun. 1 to ensure consideration for the following scholarships awarded by the Admissions Office and the Student Financial Aid Office: Transfer Student Scholarship, Kent Bound Scholarship, Phi Theta Kappa Scholarship, the University Award (for non-Ohio residents only) and Honors Academic Achievement Award (requires Honors College membership). • Visit the Admissions Office’s website for specific information about each scholarship. • Scholarship awards are based on academic performance (cumulative GPA from all prior colleges attended) and in some cases students’ academic major, financial need, extracurricular activities and demonstrated leadership. June - August KSU Continuing Student Scholarships Review your Kent State University email account (beginning in Students can research and apply for scholarships awarded by various departments at Kent State University by visiting the Online Scholarship Search Qualifier at www.kent.edu/financialaid/scholarships. July) for email notification regarding your e-bills published by the Bursar’s Office (billing office). Visit the Bursar’s Office at www.kent.edu/bursar for detailed billing and due date information. Review Bursar’s Office FAQ including important information about Authorization of Title IV Aid (federal aid) at www.kent.edu/bursar. Make a refund selection after receiving your KSU Choice Card in the mail by logging in to www.KSUChoiceCard.com. Regional Campus Scholarships Students who will attend a Regional Campus should contact that campus for more information regarding scholarship opportunities and deadlines. Students can visit the Online Scholarship Search Qualifier at www.kent.edu/financialaid/ scholarships to find additional information on Regional Campus scholarships. Regional Campus students who are transitioning to the Kent Campus and want to be considered for the Kent Campus Connection Scholarship can complete the application at www.kent.edu/admissions/transfer-student-financial-aid/. Federal Pell Grant - $581-$5,775* Award eligibility is based on the results of the FAFSA and the student’s enrollment status. This grant is for undergraduate students only. State Grants - For information about grant programs offered by the state of Ohio, please visit the Ohio Department of Higher Education website at www.ohiohighered.org/sgs. Pennsylvania residents should refer to the Pennsylvania Higher Education Assistance Authority website at www.pheaa.org. Students from other states should contact their state grant awarding agency, if applicable, for more information. Teacher Education Assistance for College and Higher Education Grant Program (TEACH) - Amount varies based on enrollment. Students must be enrolled in a TEACH-grant-eligible program and agree to teach in a high-need field in a school serving low-income students as designated by the U.S. Department of Education. For more detailed information, please visit www.studentaid.gov. Work (Student Employment) The Student Financial Aid Office awards Federal Work Study (FWS) to students based on the results of the FAFSA and financial need. The FWS award is not deducted from students’ e-bill. Students receive a bi-weekly paycheck based on hours worked. Limited funding available. Once awarded FWS, students should visit the Career Services Center regarding student-employment requirements and job opportunities at www.kent.edu/career. Students who are not awarded FWS may contact the Career Services Center to apply for a University Funded position. Loans In order to receive federal loans, students must be enrolled at least half-time (6 undergraduate hours, 4 graduate hours). For additional information on federal loans, visit www.studentloans.gov. Federal Direct Student Loans Students are eligible to receive subsidized and/or unsubsidized loans based on their financial need. They must also be enrolled at least half-time (6 undergraduate hours, 4 graduate hours). Subsidized loans (need based) do not accrue interest while the student is enrolled in school. The type of loan awarded varies based on the student’s financial need, up to the amounts listed below. Dependent student maximum: $ 5,500* - Freshman $ 6,500* - Sophomore $ 7,500* - Junior, Senior - pursuing bachelor’s degree Independent student maximum: $ 9,500* - Freshman $ 10,500* - Sophomore $ 12,500* - Junior, Senior - pursuing bachelor’s degree $ 20,500* - Graduate Federal Direct PLUS (For Parents Only) Amount limited to cost of attendance minus financial aid. Available to parents of dependent students and/or the step-parent on the FAFSA. Parent must complete a credit-based PLUS request at www.studentloans.gov. If credit is denied, student becomes eligible for the independent student loan amounts listed above. Federal Direct Graduate PLUS (For Graduate Students Only) Amount limited to cost of attendance minus financial aid. Graduate applicants must exhaust all other Federal Direct Loan eligibility and complete a credit-based Graduate PLUS request at www.studentloans.gov. Federal Nursing Student Loan - Maximum award $3,000*. Available for nursing majors only. Limited funding available. Scholarship Search Qualifier www.kent.edu/financialaid/scholarships 2 •N ew scholarship opportunities are posted year-round. • Contains the most recent scholarship information available. Kent State University, Kent State and KSU are registered trademarks and may not be used without permission. Kent State University is committed to attaining excellence through the recruitment and retention of a diverse student body and workforce. 15-EMSA-00075-014 Private/Alternative Loans Completion of the FAFSA is recommended. Visit www.kent.edu/ financialaid/fastchoice for a list of lenders and comparison chart. Maintaining Eligibility for Financial Aid Students are required to maintain Satisfactory Academic Progress each term to remain eligible for financial aid. Please visit www.kent.edu/financialaid/sap to review the Satisfactory Academic Progress policy. *Amounts are for the 2015-2016 academic year, subject to change for 2016-2017.