Your Morning Brain Work Out Campus Based Programs

1. Your Morning Brain Work OutCampus Based Programs April Gonzales UTSA

2. Warm-Up • It’s time to stretch your bodies and your brains • Agenda for this session • Federal Supplemental Educational Opportunity Grant (FSEOG) • Federal College Work-Study (FWS) • Federal Perkins • Prepare you for the 2010 BRAIN BOWL!

3. Warm-Up Calculate the following: # of full days for NAOW x the freshmen annual subsidized Stafford loan limit divided by the # of hours required to be FT during the fall/spring terms

4. Strength Training – Building the core muscles • Campus-Based Programs • Funds managed by the institution • Matching requirements (75/25): waived for Hispanic serving institutions • 25% transfer option from FWS or Perkins to FSEOG • 3-5% Administrative allowance to offset costs • Required FISAP reporting • Report previous year’s expenditures • Request funds for the next year • Due no later than October 1st each year

5. The Treadmill: FSEOGSteady Pace • FSEOG Eligibility • Undergraduate students only • Cannot have received a bachelor’s degree • Reasonable portions to non-traditional students • Exceptional need • Award in EFC order (start with $0) • PELL recipients given priority

6. The Treadmill: FSEOGSteady Pace • FSEOG Awards • $100 annual minimum • $4000 annual maximum • $4400 annual maximum for approved study abroad programs

7. Elliptical Machine - FWS • Eligibility • Financial need • Eligibility for other federal programs • No minimums or maximums • Cannot exceed financial need • Consider hours of employment and wage earned • Periods of non-attendance • Summer • Must enroll for next regular session • Earnings must be counted in next term’s aid package

8. Elliptical Machine - FWS • Eligible Employers • On Campus – 75% federal share: institutional match is waived for Hispanic serving • Government/Non-profit agency – politics and lobbying prohibited – 75% federal share • Private, for-profit agency • Max of 25% of FWS allocation per year • Must be related to major • 50% federal share

9. Elliptical Machine - FWS • Eligible Employers – cont • Community Service • 7% of FWS allocation • Health care, child care, education, literacy training, or social services • 75% federal share • No Child Left Behind • Reading tutors of pre-school aged children • 100% federal share

10. Elliptical Machine - FWS • Non School Employers • Contract must be drafted, approved and signed before student begins work • Contract should clarify: • Employer • Who will pay student • Who will pay benefits (unemployment, workers comp, etc.)

11. Elliptical Machine - FWS • Conditions • Must be paid at least minimum wage • Current - $6.55 • July 24, 2009 - $7.25 • Cannot displace regular employees • Must be paid all hours worked • Cannot be paid for receiving classroom instruction • Must be paid at least once a month • Wages paid to student or can be paid toward student account

12. Machine Out of Order -FWS In the event of a major disaster, an eligible school located in any area affected by such major disaster • Continue to make FWS payments to disaster-affected students, for the period of time (not to exceed one academic year)

13. Elliptical Machine - FWS • FWS Overawards • $300 overaward tolerance for all campus-based programs • Tolerance is allowed only if overaward occurred after campus-based aid has been packaged.

14. Stair Climber - Perkins • Perkins Eligibility • Undergraduate or Graduate students • Exceptional financial need (as defined by school) • Entrance and Exit interviews required

15. Stair Climber - Perkins • Perkins Loan Limits • Undergraduate • $4000 annual limit • $20,000 lifetime aggregate • Graduate students • $6000 annual limit • $40,000 lifetime aggregate • $8000 limit for first 2 years of academic work

16. Stair Climber - Perkins • Interest Rate • 0% in school • Fixed, simple 5% out of school • 9-month grace period • 10 year repayment • Deferments, forbearance, and cancellations available

17. Stair Climber - Perkins • Perkins Deferments (no interest) • In school • Attending graduate fellowship program • Graduate or post-graduate study outside US (Fulbright scholar) • Rehabilitation training programs for disabled persons • Seeking but unable to find employment (up to 3 years) • Economic hardship (up to 3 years)

18. Stair Climber - Perkins • Perkins Forbearance (interest accrues) • Temporary postponement of payments, extension of time for making payments, OR acceptance of smaller payment amounts • Economic hardship or lengthy illness • Request in writing with supporting documentation • Not to exceed 3 years

19. Stair Climber - Perkins • Perkins Cancellation • Teaching • Low income school or high need subject matter (math, science, foreign language, special education) • Head Start programs/early intervention child care • Up to 100% • Health care services – up to 100% • Law enforcement – up to 100% • Armed Forces/Peace Corps service • 50% for armed service in hostile area • 70% for Peace Corps service

20. Know your Resources • IFAP- Student Aid Handbook Vol. 6 Managing Campus Based Programs

21. Are You Ready to Compete? IT’S TIME FOR THE BRAIN BOWL Let’s get ready to rumble!