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Financial Aid

Financial Aid. The Process of Applying. Cost of Attendance. * Total cost is based on full-time enrollment of 15 credit hours per semester. FASFA Free Application for Federal Student Aid www.fasfa.ed.gov For US Citizens. TASFA www.collegeforalltexans.org

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Financial Aid

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  1. Financial Aid The Process of Applying

  2. Cost of Attendance * Total cost is based on full-time enrollment of 15 credit hours per semester.

  3. FASFA Free Application for Federal Student Aid www.fasfa.ed.gov For US Citizens • TASFA • www.collegeforalltexans.org • Student without citizenship documentation • Lived in Texas 36 months prior to high school graduation • Graduated from an accredited public or private high school or GED program • Complete an affidavit stating your intent to apply for Permanent Resident status OR Students should NEVER pay to apply for federal or state aid

  4. Types of Federal/State Aid • Loans • Borrowed money that must be repaid. • Types of Federal/State Aid • Types of Federal Loans • Subsidized • Unsubsidized • Parent PLUS • (Parent Loans for Undergraduate Students • Grants Need based funds the student does not repay. • Work Study Need based award which allows the student to participate actively in meeting the cost of their education while gaining valuable work experience. *All Federal loans accrue interest by each type differs in how and when interest is accrued

  5. When to apply Applications available JANUARY 1 every year • Additional Forms may be required • UNT Dallas requires students to be admitted before a financial aid package will be determined Student s check with their school of choice for deadlines and processing procedures

  6. FASFA Obtain a PIN: www.pin.gov Complete the Free Application for Federal Student Aid (FAFSA) www.fafsa.gov APPLY For A PIN The PIN is the student and parents electronic signature for Federal aid purposes Data Retrieval tool Free Tax Return Transcript www.irs.gov 1-800-908-9946

  7. Common FAFSA errors • Parent /Student Social Security Numbers • Parent w/o Social Security Number should enter all zero • Divorced/Remarried parental information • Income earned by parents/students • Untaxed income • Household size • Filing Status • Parents who are married; must file a married status

  8. SPECIAL CIRCUMSTANCES Used to assist with circumstances not taken into consideration by FAFSA • Loss of income • Death of Spouse • Divorced after filing FASFA • Made payment on Title IV loans • Private School tuition • Medical expenses FASFA must be completed Using tax information reported The institution will make any Necessary adjustments Manually

  9. UNDOCUMENTED NON-CITIZENS AVAILABLE AID University Scholarships Tuition Grant Texas Public Education Grant Alternative Loan APPLICATION TASFA (Texas Application for Student Financial Aid) *Do Not Complete a FASFA

  10. TASFA • Paper application submitted directly to the Financial Aid office • Manually processed • Males must apply for Selective Service www.sss.gov • Must provide a “Free Tax Transcript” • Must list all members of household (additional page maybe needed) • Signatures required www.collegeforalltexans.org Free Tax Return Transcript www.irs.gov 1-800-908-9946

  11. Federal and State Grants Available to Students

  12. Loan Aggregate Amounts INDEPENDENT DEPENDENT

  13. Scholarships ADMISSION APPLICATION =SCHOLARSHIP APPLICATION Transfer Freshman Board of Regents Scholarships Board of Regents Excellence $5000 1400 SAT/32 ACT Board of Regents $4000 1300 SAT/ 29 ACT Board of Regents Chancellors $2000 1250 SAT/ 28 ACT Board of Regents President $1500 Jaguar Cornerstone Scholar Pell eligible; 2.5 GPA; $1000 -$5000 Achievement Scholarship Top 50%; 950 SAT/20 ACT; or 3.0 GPA; $4000 AT &T College High School Scholarship (EARLY COLLEGE GRAD) Top 50%; 3.0 GPA; minimum $3000 Complete the Dream Scholarship 2.7 GPA; SAP; $3000 Phi Theta Kappa Scholarship **must submit PTK certificate/card 3.0 GPA; SAP; $4000 General Academic Scholarship **continuing students only 2.25 GPA; SAP; $2000 **application deadline May 16th of each year • For scholarship's • Must enroll in 12 hours • Must meet SAP requirements • Must submit all required documents SCHOLARSHIPS DO NOT STACK ** only the BOR and Achievement

  14. Receiving Your Awards Your Student Portal This gives you access to: • To Do List • Accept/Decline Awards • My Loan Debt • Loan Entrance & Management Counseling • View Pending Aid • Summer Financial Aid Application

  15. Expected Cost of Attendance

  16. Receiving Your Awards Pending Aid Scholarships the student has been awarded and/or financial aid the student has "Accepted" on a . Pending Aid does NOT include Parent (PLUS) Loans that have been denied due to adverse credit history by the lender or College Work-Study. Parent (PLUS) Loans will count toward Pending Aid if SFAS has received a credit approval from the lender.

  17. Receiving Your Awards Tuition & Fees - Pending Aid Remaining Balance You can pay the remaining balance by cash, check or credit card OR you can utilize theInstallment Planand/or Short Term Loanoptions offered through Student Accounting. *Credit Not Approved

  18. Receiving Your Awards • Your financial aid will be ready to disburse to your UNT student account once you have: • Accepted your awards • Completed all To Do List items • Registered for sufficient hours Fall & Spring awards begin disbursing to UNT a week before classes begin. Pending Aid that has disbursed will be viewed as Financial Aid. Summer aid will disburse once attendance requirements are met.

  19. Receiving Your Awards Disbursement of Aid • Funds disburse to Student Accounting and University Cashiering Services (SAUCS) to pay current tuition and fee charges. • SAUCS will then issue a refund to student via the student’s selected method: • HigherOne Debit Card (Obtained through the University) • Direct Deposit into another personal bank account • Paper Check You are responsible for paying your books, transportation, school supplies and any personal expenses

  20. Maintaining Your Eligibility • What can affect a student’s eligibility to receive financial aid? • Satisfactory Academic Progress (SAP) • Dropping classes • Withdrawing from classes • Exceeding loan limits • Defaulting on loans • Owing a prior year balance

  21. REMINDERS • File your taxes early • Complete your FAFSA/TASFA early and thoroughly • Apply for Financial Aid & Scholarships separately • Don’t pay someone for assistance with the FAFSA/TASFA or researching scholarship opportunities • Keep copies of all correspondence with the Federal Processor and the financial aid office • Check your student portal and university e-mail regularly

  22. QUESTIONS????????

  23. Contact Information University of North Texas at Dallas Student Financial Aid and Scholarships 7300 University Hills Blvd Dallas, Texas 75241 Direct: 972-780-3662 Toll Free: 877.UNT.DALS Fax: 972-780-3636 dallas.financialaid@unt.edu

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