Financial Aid Information

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Slide 1:

Presented by: University Scholarships & Financial Aid Services (USFAS) Money Matters: Part 1: Financial Aid Process

Agenda-Money Matters Part 1:

Agenda-Money Matters Part 1 USFAS website to understand the financial aid process, policies and more… Using OASIS to find answers and monitor your student’s financial aid status… Tools to help students budget for college costs Florida Bright Futures

Part 1:Financial Basics :

Part 1:Financial Basics Let’s get started…

usf.edu/finaid:

usf.edu/ finaid

OASIS: Answers to your questions available 24/7! :

OASIS : Answers to your questions available 24/7!

OASIS Main Menu :

OASIS Main Menu After login, select the ‘Financial Aid’ tab

Financial Aid Year Selection Menu :

Financial Aid Year Selection Menu Select 1011 for summer 2011 or Select 1112 for fall 2011/spring 2012

Financial Aid Main Menu :

Financial Aid Main Menu

Slide 9:

Florida Bright Futures Scholarships

Florida Bright Futures :

Florida Bright Futures Florida Academic Scholars - $125 per credit hour Florida Medallion Scholarship - $94 per credit hour Gold Seal Vocational Scholars - $94 per credit hour You will receive Bright Futures even if you have other types of aid that pay your tuition/fees, including Florida Pre-Paid Plans

Florida Bright Futures (cont.):

Florida Bright Futures (cont.) Students must repay the university for any courses dropped or withdrawn from that were paid with Bright Futures funds Bright Futures funds are not available during the summer

Slide 12:

Tuition & Fee Deferments

Tuition Deferments:

Tuition Deferments Tuition Deferments for financial aid recipients Automatically provided if you have Bright Futures and/or an Undergraduate Admissions scholarship or if you have a FAFSA on file by the deadline announced on the USFAS website Prevents cancellation for non-payment After you register, check OASIS to see if you qualify; remember check each term Provides temporary extension to pay tuition

Why You Want a Tuition Deferment:

Why You Want a Tuition Deferment Tuition is due at the end of the fifth day of classes each term Financial aid is paid on the sixth day of classes Without a tuition deferment, your tuition payment would be late & your classes would be dropped

Be A Smart Borrower!:

Be A Smart Borrower! Your financial aid awards may include student loans which have: Low interest rates Deferred repayments Borrow only what you need! Remember to use our cost calculators!

USFAS College Planning Website:

USFAS College Planning Website

Next Steps:

Next Steps Register! Complete aid file and unsatisfied requirements Read and accept Terms &Conditions and accept awards Complete MPN & Entrance Interview if loans are accepted

Next Steps (continued):

Next Steps (continued) Pay close attention to emails you receive/keep email address current in OASIS Sign up for eDeposit in OASIS Notify UCO of 3 rd party payments Pay your bill by the deadline if not receiving a deferment

Thank You!:

Thank You!

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