estimate fafsa

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Shared by: Crisologa Lapuz
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Definitions Financial Aid – financial aid is an umbrella term which includes ALL of the following: federal and state grants, student and parent loans, federal work study, university and private scholarships, athletic scholarships, tuition and fee waivers, fellowships, assistantships, tuition reimbursement, ROTC awards, veteran’s benefits, and prepaid tuition programs. FAFSA (Free Application for Federal Student Aid) – The FAFSA is the first step to receiving financial aid, and can be accessed online at Dates & Deadlines January 1, 2007 – First day to file a 2007–2008 FAFSA February 11, 2007 – College goal Sunday: Get free help filling out your FAFSA. For more information, please visit http://www.fafsa.ed.gov/ COA (Cost of Attendance) – The COA is an estimate of expenses for one year at college. This estimate takes the following into consideration: fees and books, living expenses, meals, transportation, personal expenses, dependent care, computer purchase, costs related to a disability, costs for eligible study abroad program, and entertainment http://www.collegegoalsunday.co m/ March 1, 2007 – UA priority service deadline for filing a 2007–2008 FAFSA EFC (Estimated Family Contribution) – The Expected Family July 1, 2008 – Last day to file a Contribution (EFC) measures your family's financial strength, and is used to 2007-2008 FAFSA determine your eligibility for federal student aid during one school year. You receive an EFC based on the processing results of your Free Application for Federal Student Aid (FAFSA). Need – Need is determined by the following calculation COA – EFC = need Academic year – the normal academic year consists of fall and spring semester. For example, August 2007-May 2008. Campus Contacts Admissions 520–621–3237 FD (Fee Deferment) – a fee deferment is a hold placed on your account by the financial aid office to prevent you from being dropped from your classes or charged a late payment fee while waiting on financial aid funds. It does not exempt you from the past due balance charge or census fee if you add or drop units after the census date. Consortium – A consortium agreement allows you to be considered full time at the UA while taking some classes here and some classes at another institution http://admissions.arizona.ed u/ admissions@arizona.edu Bursar’s Office 520–621–3232 Useful Links UA NetID http://www.bursar.arizona.e du/ http://www.bursar.arizona.e du/office/e-mail/e-mail.asp Financial Aid 520–621–1858 http://netid.arizona.edu/ If you have not yet set up your university email account, you can do so through this website. Financial Aid Estimator https://financialaid.arizona.edu/ You can use this estimator to get an idea of the kinds of financial aid you can expect from the UA. FAFSA https://financialaid.arizona.e du/ askaid@email.arizona.edu Registrar’s Office 520-621-3113 http://www.fafsa.ed.gov/ For fastest processing, file your FAFSA online. Always use this address to access http://registrar.arizona.edu/ reghelp@email.arizona.edu the FAFSA website. Other websites may try to charge you to file a FAFSA, but the FAFSA is always FREE. Department of Education Pin Site http://www.pin.ed.gov/ For fastest processing, sign your FAFSA electronically. You (and your parents if you are a dependent student) will need a PIN number to sign electronically. You can apply for and retrieve a lost PIN from the Department of Education PIN site. Student Link https://sl.arizona.edu/student_link/ Check your financial aid progress often. Log in to student link, click on Financial, then click on Financial Aid. From this menu you can view your award letters, your missing information letters, and check your financial aid status. Financial Aid Forms https://financialaid.arizona.edu/forms/ Save a trip to our office—download the forms you need from our website! Repayment of Unearned Aid Policy http://www.registrar.arizona.edu/schedule071/aidrepayment.htm This website explains the repayment of unearned aid policy for federal financial aid recipients who withdraw from the university. You should familiarize yourself with this policy if you are considering a complete withdrawal. Financial Aid Tips        File your FAFSA early! You can start as early as January 1st of the year you will enter college. Remember, the FAFSA is FREE! Never pay to apply for financial aid. Made a mistake on your FAFSA? No problem. Just go to http://www.fafsa.ed.gov/ and click "Make Corrections to a Processed FAFSA" Add askaid@email.arizona.edu to your address book so important messages from the Office of Student Financial Aid do not accidentally wind up in your spam folder. If your financial situation has changed since you filed your taxes, you may want to file a resource re-evaluation with our office. A resource re-evaluation allows us to take a loss of income into consideration when determining your financial aid package. Need more financial aid than you were offered? You can increase your total financial aid by filing a budget reevaluation form. This form allows us to increase your cost of attendance so that you may receive additional aid. Finally, check your financial aid status often. We can’t say this enough. By monitoring your financial aid progress closely, you can catch problems early that would otherwise delay the process. A number of things including missing signatures, typos, and incomplete forms can delay your aid. Additional Reading   For basic information about Financial Aid, please go to http://studentaid.ed.gov/. We suggest that you read the Student Guide (click on Publications, then Student Guide). After you are awarded financial aid, familiarize yourself with the award conditions and satisfactory academic progress standards at http://financialaid.arizona.edu/awardcond.html. Updates

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