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TASFA Methods

TASFA Methods. University of Texas at Austin. In the Beginning. Types of Applications TASFA Paper FAFSA Electronic FAFSA Accepting Applications Fax Mail In person Reviewing Applications Signed Attached Documents Reported Income. Priority Deadline March 15 th. Processing.

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TASFA Methods

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  1. TASFA Methods University of Texas at Austin

  2. In the Beginning • Types of Applications • TASFA • Paper FAFSA • Electronic FAFSA • Accepting Applications • Fax • Mail • In person • Reviewing Applications • Signed • Attached Documents • Reported Income Priority Deadline March 15th

  3. Processing • Who Handles? • Counselors • Work Study Student • Data Entry • Student contribution • Dependency • Parent contribution • Housing Choice

  4. Verification • Comparing Information • Last Year TASFA • US DH&HS Poverty Guidelines • Verification Forms • Household Size • Income Affidavit • Requesting Documents • Tax Forms • W2s • Selective Service Registration

  5. Calculating EFC withFederal Methodology

  6. Communication • Check Aid Status Here • What do I need to complete? • Financial Aid Notification • Bars • Email • Missing Documents • Verification

  7. Review and Award • Needs Analysis • Need Level • Eligibility • Awarding • Scholarships • State Funds • Institutional Funds • Loans

  8. Awarding • Award by Priority Date Order • Applications filed by completed date • Account for Verification Status • Two Day Lead Time • Manual Awarding • Award before federal students

  9. Campus Collaborations • Residency • Residency Affidavit • Special Residency Assignment • International Office • Student Insurance • Scholarship Processing • Admissions • ApplyTexas Application

  10. Professional Judgment • Dependency Override • Special Circumstance Appeal • Witness statements • Special Over Award • Exceptional need • Dependent on remaining funds • Murray Case Sells Loan • Student must meet eligibility criteria • Funding up to $5000 per semester

  11. Discussion

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