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TCNJ Financial Aid Process educational opportunity fund Junior and Senior year . October 21, 2013 By Dionne L. Hallback . Online application: www.fafsa.ed.gov 2014-2015 FAFSA available on or after January 1, 2014 Application completed each academic year .
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TCNJ Financial Aid Processeducational opportunity fundJunior and Senior year October 21, 2013 By Dionne L. Hallback
Online application: www.fafsa.ed.gov • 2014-2015 FAFSA available on or after January 1, 2014 • Application completed each academic year. • FAFSA on the Web Worksheet- Get a P.I.N. at www.pin.ed.gov. • Complete the ‘state application’ for New Jersey on the FAFA confirmation page. • Do not pay for help completing the FAFSA!
New Jersey Additional Information Questions Higher Education Student Assistance Authority (HESAA) • New Jersey requires additional data elements, other than what is reported on the FAFSA, to determine a student’s eligibility for a Tuition Aid Grant (TAG) award, NJ STARS & NJ STARS II and Governor’s Urban Scholarship. • These elements include: • Driver license information • Veterans education benefits (independent students) • Untaxed Social Security benefits • Earned income credit • Once students have completed the FOTW, they must select the second option on the confirmation page to report this information to HESAA.
Grants • Pell Grant: Federal grant awarded on the basis of need and college costs. • Current year minimum/maximum: $749 - $5645 • Tuition Aid Grant (TAG): State grant awarded on the basis of need, cost of attendance and available funding. • Current year minimum/maximum: $2516 - $8768 • NJ ED Opportunity Fund (EOF): Standard EOF grant awarded to all students in the program. • Current year awards: $1150 (commuter) and $1400 (on campus) • Supplemental Opportunity Grant (SEOG): Awarded to the neediest students as defined by the FAFSA. • Current year: $1500
EOF Incentive Scholarship Junior Year Senior Year Questions regarding the EOF Incentive Scholarship can be directed to Joan Pageau at pageau@tcnj.edu or 609-771-3142
Private Scholarships • FinAid.org • www.finaid.org • The College Board • www.collegeboard.com • FastWeb.com • www.fastweb.com • GoCollege.com - The Collegiate Websource • www.gocollege.com
Loan Programs *Students must complete a separate application for these loan programs. Application should be completed in June/July to ensure the loan is processed and awarded by August.
Direct Stafford Loans Dependent Students Independent Student
Alternative Loans(TCNJ does not certify any alternative and/or private loan unless a FAFSA is on file.) • SallieMae www.SallieMae.com/tcnj • Citizens www.CitizensBank.com/trufitstudentloan • Discover www.DiscoverStudentLoans.com • Wells Fargo www.WellsFargo.com/student • See the Financial Aid website for Alternative Loan List & • Online Loan Comparison Tool
Books Reminder your EOF Promise Book Stipend ends your Sophomore year!
2014/2015 changes • Major Changes • Mother/Stepfather & Father/Stepmother changed to “Parent 1”and “Parent 2”, new wording #88 and #89 • Parents unmarried and both living together, new response in question #59 • IRS Data Retrieval option is not available for married parents filing separately and not available for unmarried parents who are both living together. • Revised Question #59 to read, “As of today, what is the marital status of your legal parents?” • Revised “Single” to “Never Married” • Added a new response, “Unmarried and both parents living together”
Financial aid and Budgeting on campus EXAMPLE Any financial aid awarded after the Initial Award the student must apply for except the EOFP Incentive Award.
Financial aid and budgetingliving off campus EXAMPLE What are your expenses for living off campus? Example: Fall semester (5 months)
Contact Information The Office of Student Financial Assistance Green Hall – Room 101 Dionne L. Hallback 609-771-2211 osfa@tcnj.edu www.tcnj.edu/~sfs/aid/