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Please shut off all cell phones and pagers, or set to vibrate. Thank You!. Welcome to the 2010 Counselor Workshop. Sponsored by PHEAA and PASFAA. Today’s presenters. PHEAA presenter: PASFAA presenter:. About the workshop. Jointly sponsored by PHEAA and PASFAA
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Please shut off all cell phones and pagers, or set to vibrate. • Thank You!
Welcome to the 2010 Counselor Workshop Sponsored by PHEAA and PASFAA
Today’s presenters • PHEAA presenter: • PASFAA presenter:
About the workshop • Jointly sponsored by PHEAA and PASFAA • Created to provide the latest in FA info. • Provides overview of FA process • Quizzes will be given for Act 48 credits • We welcome questions…ask away! • But first, who are PHEAA and PASFAA?
PA State Grant • Must meet eligibility requirements • In state max.: • Community College…. = $1,884 • State University………. = $3,014 • State Related………….. = $3,240 • Private Institution..... = $3,541 • Out of state amount is reduced • Application deadlines
Other PHEAA administered programs • State Work-Study Program (SWSP) • New Economy Tech. Scholar. (NETS) • Educational Assistance Grant (EAP) • Postsec. Ed. Gratuity Program (PEGP) • Robert Byrd Honors Scholar. • Chaffee Ed. and Training Grant • GEAR UP • Partnerships for Access to Higher Ed. (PATH)
Primary programs • Pell Grant–foundation of financial aid • Campus-Based Aid: • Federal Supplemental Opportunity Grant • Federal Perkins Loan • Federal Work-Study • Direct Loans: • Direct Stafford loans • Direct PLUS loans • Direct GRAD PLUS • Direct Consolidation
Additional federal programs • ACG • SMART • TEACH • Post 9/11 GI Bill Benefits • American Opportunity Tax Credit • Loan Forgiveness Programs
The FAFSA • Free Application for Federal Student Aid • Used to apply for federal, state, and school aid • When to apply – deadlines • How to apply – online?... paper? • Renewal FAFSA • Ways to sign…PIN?...paper?
Overview and tips • General guidelines • Changes for 2011-2012 • Helpful resources: • FAFSA4caster • FAFSA demo site • FSA4counselors • Federal publications
Additional applications • PA State Grant Form (SGF) • CSS Financial Aid Profile • College/Institutional application
Financial need • Need analysis • Cost of attendance (COA) • Expected Family Contribution (EFC) • Special processing: • Simplified formula • Automatic zero EFC
Calculating financial need • Determining financial need • The packaging process • Financial aid award letters • Professional judgment
Questions and evaluations • Please complete evaluation form • Thank you for your attendance!