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Where’s the Money?

Financial Aid and Scholarships McTarnaghan Hall (239) 590-7920 or 1-800-590-FGCU FASO@fgcu.edu Monday - Thursday: 8:00 a.m. - 5:30 p.m. Friday: 8:00 a.m. - 5:00 p.m. www.fgcu.edu/as/financialaid. Where’s the Money?. Federal Aid (grants, work-study & loans) U. S. Department of Education

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Where’s the Money?

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  1. Financial Aid and Scholarships McTarnaghan Hall (239) 590-7920 or 1-800-590-FGCU FASO@fgcu.eduMonday - Thursday: 8:00 a.m. - 5:30 p.m. Friday: 8:00 a.m. - 5:00 p.m.www.fgcu.edu/as/financialaid

  2. Where’s the Money? • Federal Aid (grants, work-study & loans) U. S. Department of Education • State Aid (grants & scholarships) Florida Department of Education • Institutional Aid (grants & scholarships) Florida Gulf Coast University • Private Aid (scholarships) Private organizations

  3. Federal & State Aid • Federal Aid U. S. Dept. of Education www.fafsa.ed.gov • Federal Pell Grant • Federal Work-Study • Federal SEOG (Supplemental Educational Opportunity Grant) • Federal Stafford Loans: Subsidized (Student) Loans @ 6.0%; unsubsidized @ 6.8% PLUS (Parent) Loans @ 8.5% • State Aid Florida Dept. of Education www.fldoe.org • Florida Student Assistance Grant • Florida Bright Futures Awards (must qualify as high school senior)

  4. Institutional Aid • FGCU Institutional Aid FGCU Waivers http://enrollment.fgcu.edu/admissions/Waiver.htm • FGCU In-State Tuition Waivers (check deadlines semi-annually) • FGCU Out-of-State Tuition Waivers (check deadlines semi-annually) FGCU Grantswww.fafsa.ed.gov • FGCU Housing, Undergraduate and Graduate Grants (annual priority deadline for FAFSA completion is March 1st) • Other grants also available - please see our web pages FGCU Scholarshipswww.fgcu.edu/AS/financialaid • Foundation Scholarships from FGCU Donors • Based on merit, financial need and/or academic major 08-09 priority deadline – March 1st (final deadline - March 31st) * items in red indicate priority deadlines impact eligibility *

  5. Private Aid • Private Aid (scholarships) Check our link at www.fgcu.edu/as/financialaid These three categories are updated regularly: • Scholarships Applications from Outside Sources • Direct Links to Specific Outside Scholarships • Scholarship Search Engines Other private resources can include: • Past and present employers, unions, religious and professional organizations (Rotary, Kiwanis, American Legion), and foundations • Send checks to the Financial Aid Office with student’s UIN

  6. Free Application for Federal Student Aid (FAFSA) File annually by the priority deadline! www.fafsa.ed.gov FGCU’s School Code: 032553 Student & one parent must sign the FAFSA with pin numbers! www.pin.ed.gov

  7. How is the FAFSA used? Expected Family Contribution (EFC) • The result of income and asset information provided on the FAFSA • First the school sets the budget or “cost of attendance” (COA) • Varies from school to school • Based on student’s housing status and number of hours • The EFC is then deducted from COA to determine the student’s financial need • EFC is constant – does not vary • EFC is portable – can take to another school

  8. Financial Aid& Gulfline How can I see my award? • Login to Gulfline @ gulfline.fgcu.edu • Enter User ID & PIN • Click Student & Financial Aid • My Electronic Award Information Update mailing addresses, e-mail addresses and cell phone numbers in the Registrar’s Office

  9. Financial Aid& Gulfline What can I do on Gulfline? • Check documentation requirements • Verification Worksheets • Federal Tax Returns • Select a Lender for your Student Loan • Required Entrance Loan Counseling • Register for classes • Review your bill & make payments • See your grades

  10. Financial Aid& Books Can I purchase books or meals with excess financial aid funds? • Yes, if you have a credit balance • Up to a maximum of $1000 total (any combo) • Fall & Spring only • Dates: to be announced • All outstanding requirements must be satisfied (i.e. MPN must be received for loans)

  11. Financial Aid & Academic Progress What is Satisfactory Academic Progress (SAP)? • Qualitative Measure • Quantitative Measure • Students must complete a minimum of 70% of the total hours attempted at FGCU

  12. Financial Aid Penalties What happens if I withdraw from all of my classes after add/drop? Talk to someone in Financial Aid first! • You may have to repay some (or all) of the aid you received • You may lose eligibility for future semesters

  13. Financial AidSummary What are the highlights of this presentation? • File the FAFSA • Apply for FGCU Foundation Scholarships • Review all e-mail and correspondence • Adhere to all priority deadlines

  14. Financial Aid Contact Information General Questions: • Main Line: faso@fgcu.edu 590-7920 Specific Questions: • Bright Futures (Barbara) bfont@fgcu.edu 590-7972 • First Generation (Vicki) vmendez@fgcu.edu 590-7919 • Scholarships (Barbara) bpeterso@fgcu.edu 590-7699 • Stafford Loans (Wanda) wburkey@fgcu.edu 590-7917 • Work-Study (Sandy) smurphy@fgcu.edu 590-7970 • Verification (Vicki) vmendez@fgcu.edu 590-7919 We make every effort to respond within 48 hours!

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