TaKing ThE nExT STEp
3 Ready to confirm your attendance and complete the admission and financial aid process?
1 2 3
Just complete a few more steps.
What is PAWS?
PAWS (Panther Access Web
To confirm your attendance and accept your financial award offer, please:
System) allows students to view HERE IS YOUR 2010–11 Easy steps to financial aid
Complete and return the attendance confirmation form that came with your acceptance letter
their financial aid award and pay
tuition and housing deposits
Financial aid aWaRd lETTER
by May 1 and submit your $300 tuition deposit check or money order. Your tuition deposit is online. You must use your TRACKS
subtracted from your first semester tuition and holds your place at the university. username and password (which
was e-mailed to the address you On behalf of the Office of Financial aid,
You can pay your deposit online: provided on your admission welcome once again to Florida Tech. now more
> Go to www.fit.edu/paws
application) to log into PAWS. than ever, affording a priceless university
> Log in using your TRACKS username and password education is within your reach.
> Select Payment Options (make general payments or housing deposits)
> Select Tuition Deposit for new students (Credit card payment accepted for tuition deposit only)
You will receive a confirmation page after successfully submitting your credit card information.
i hope you will take the next step and
accept the enclosed financial aid award
complete Your panther pass Online check-in offer. after that, we can help you
Panther Pass (https://pantherpass.fit.edu) is an orientation Web portal allowing you to complete required tasks online prior to your arrival explore a variety of smart payment
on campus. It includes:
options so you may confidently
> Links to confirm or pay your tuition and housing deposits (via PAWS) complete the process. i look
> Housing and meal plan registration (only available online) Contact Us forward to seeing you on
> Health insurance registration or waiver request Financial aid officers are
> Parking pass registration committed to making Florida Tech campus next semester.
> Placement exams for math and English composition affordable for you and your family.
> A required health history form We are also here to help you Sincerely,
and much more ...
through the process and answer Jay lally
any questions you may have.
Stafford loan acceptance director of
To accept your Stafford Loan (student loan) offer: Financial aid
24/7 Message Line:
> Go to www.fit.edu/paws
> Log in using your TRACKS username and password (800) 666-4348
> Click on the Financial Aid tab
> Click on Award and then Award for Aid Year Phone: (321) 674-8070
> Select Aid Year 2010–2011
> Click on the Accept Award Offer tab Fax: (321) 724-2778
> E-mail us at firstname.lastname@example.org and we will help you E-mail: email@example.com
Next, you must select a lender, complete a Master Promissory Note and complete a Stafford
For more information, go to www.fit.edu/financialaid and click on Loan Providers in the left navigation panel.
Florida data Form TaKE a clOSER lOOK inSidE
Florida residents are required to complete and return the enclosed Florida data form with appropriate documentation.
FOR YOUR PERSONAL INVESTMENT
Verification Worksheets CALCULATOR WORKSHEET
If this packet includes a Dependent or Independent Verification Worksheet, your application has been selected for verification by the
federal government. Please complete the form and return it to us, along with appropriate documents, as soon as possible.
Office of Financial Aid
150 W. University Blvd.
Melbourne, FL 32901-6975
Florida Institute of Technology does not discriminate on the basis of race, gender, color, religion, creed, national origin, ancestry, marital status, age, disability, sexual orientation,
Vietnam-era veterans status or any other discrimination prohibited by law in the admission of students, administration of its educational policies, scholarship and loan programs,
employment policies, and athletic or other university sponsored programs or activities.
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calculaTE ThE OuT-OF-pOcKET inVESTmEnT YOu muST maKE and ExplORE diFFEREnT WaYS TO paY.
1 pERSOnal inVESTmEnT calculaTOR
Use this worksheet to figure out your personal investment after your aid money is tallied.
2 paYmEnT planS and lOan OpTiOnS
You may pay your remaining personal investment in a variety of ways.
all figures listed are annual amounts
half and half payment plan
Budget and pay half of the remaining personal investment for fall semester (August) and half for spring semester (January) directly
Engineering and Science Majors $31,734 to university accounting.
Aeronautics, Business, Liberal Arts and Psychology Majors $28,910
housing and meal plan + monthly payment plan What will my monthly payment be?
Freshmen may choose one of two options: Because Florida Tech is committed to making education affordable for Remaining Personal Investment = $
Double Room Residence Hall with Meal Plan $ 9,336 all students, the university offers a convenient 10-month, interest free 10
Or $ payment option. This allows students to make smaller, more manageable
monthly payments instead of a single lump sum.
Columbia Village Quad Suite with Meal Plan $11,210
Sign up begins in May. Your first payment is due in July, so remember to
Students interested in Columbia Village should submit their tuition deposit, housing sign up early if you are interested. More information is available at:
deposit and completed housing and meal plan registration form as soon as possible, www.fit.edu/sfs/paymentplans.php
as rooms are assigned on a first come, first served basis.
Transfer students may use the enclosed sheet to determine the combined cost of
+ There is a set-up fee of $30 per semester and online sign-up* is easy:
their preferred housing option and meal plan. • Login to PAWS using your TRACKS username and password
• Select the Student tab
Florida Tech has a two-year residency requirement for first-year students. Students • Select the Payment/Student Account Information option
whose legal guardians reside within 50 miles of campus can apply to have this • Click on the Make A Payment button (this will take you to the new
requirement waived. Student Account Center)
• Once in the Student Account Center, select the Payment Plans tab from
health insurance the tab bar under the Florida Tech logo at the top of your screen
University Plan (estimate) $ 1,100 • Click on Sign Up For a New Payment Plan under the Payment Plans tab
$ • From the View Payment Plans For Term drop box, select the term of the
Students who have their own health insurance or are on their parent’s plan may plan in which you wish to enroll
apply to have this charge waived. These students may leave the fee out of + • Review the plan outline and select Continue
their calculation. • Follow further instructions as provided
Student activities Fee $ 60 $ parent pluS loan
Facilities Fee (full-time undergraduates) $ 500 $ A Federal Parent PLUS Loan is a loan borrowed by a parent on behalf of a child to help supplement a student’s other sources of financial
aid, giving parents the flexibility to cover 100% of their student’s college expenses. PLUS Loans offer a low interest rate of 8.25% and an
ToTal BillaBle Charges* $ extra 0.25% interest rate credit when payments are set up for automatic debit from a bank account. For more information, go to www.fit.
edu/financialaid and click on Loan Providers in the left navigation panel .
ToTal FinanCial aid (subtract from Billable Charges) – $
(Do not include Work-Study, which is paid when earned.)
TuiTion deposiT (if paid, subtract $300) – $
Families are welcome to explore other alternative private loan options. Go to www.fit.edu/financialaid and click on Loan Providers in the
left navigation panel for a list of commonly used services.
REmaining pERSOnal inVESTmEnT $
*Don’t forget to budget for other non-billable college expenses, like books and supplies, vehicle parking, applicable flight training fees and other personal expenses.
FlighT FEES MAKING SENSE OF THE DOLLARS AND CENTS Federal work-study Acceptance of awards
The university recommends flight option students budget a minimum of Scholarships, grants and loans
$15,000 per year for flight fees. Flight students are required to make an initial
Federal work-study awards are not credited to your account in a lump By submitting your attendance confirmation form and tuition deposit
Scholarships and grants are typically referred to as “gift aid.” These sum. You receive these funds as payment for hours worked in a part- to Florida Tech, you’re accepting all scholarships and grants offered
deposit of $4,000 into the flight training account portion of their Panther Card. funds—awarded to you by Florida Tech, the state of Florida, the
Flight fees are charged to this account based on the actual cost of the aircraft, time, on-campus job on a biweekly basis. Because you don’t receive in your award letter. However, you must take further action to accept
federal government or other external sources—do not need to be this money upfront to help pay tuition, it’s best to think of work-study and secure (or decline) any Federal Stafford Loans you’ve been offered.
instructor and fuel at the time of the student’s use (“pay as you go”). Total flight
costs may vary depending on a student’s rate of flight skills comprehension repaid. Loans are monies you must pay back after you graduate. as spending money for books or other expenses. (The back page of this booklet outlines the important steps to do this.)
and fluctuations in the price of fuel. See Flight Facts and Fees brochure for
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