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. . . www.umbc.edu/orientation . . . . . Access to Student Information. Family Educational Rights and Privacy Act (FERPA) Combined form for FA/SBSAvailable on our WebsiteUnder

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1. Good Afternoon, introduce yourself and the staff from our office We will be doing the first part of the presentation, introduce co-presenter from SBS and explain that they will be doing 2nd part of presentation The handout is from SBS – our part of the presentation can be found on our home page Invite general questions throughout presentation, but be mindful that you only have 20 minutes for your part. Ask that specific questions be directed to the student’s counselor. If there are too many questions and you are running out of time, ask that questions be held until the end to allow time to get through entire presentation. Be sure to repeat the question before responding.Good Afternoon, introduce yourself and the staff from our office We will be doing the first part of the presentation, introduce co-presenter from SBS and explain that they will be doing 2nd part of presentation The handout is from SBS – our part of the presentation can be found on our home page Invite general questions throughout presentation, but be mindful that you only have 20 minutes for your part. Ask that specific questions be directed to the student’s counselor. If there are too many questions and you are running out of time, ask that questions be held until the end to allow time to get through entire presentation. Be sure to repeat the question before responding.

2. This is our office Web site and is the best source of the most current information. Show where our presentation can be found (arrows appear and disappear when the mouse is clicked) First Arrow – the link: information for New Freshman is a resource that provides a step by step guide application to the payment of the bill. Second Arrow – the link: “Forms” under “quick links” provides on-line access to all required forms. Third Arrow – the link: “Calculate Costs” is a tool that allows you to estimate your out of pocket costs by providing an estimate of your charges and allows you to deduct the financial aid you expect to receive. Fourth Arrow – the link: “Contact Us” is a listing of all staff in the office and provides their direct phone line and email address. Students are assigned to a counselor by their last name. General inquiries and submission of documents can be done during our regular office hours. For specific inquiries about your financial aid file, please contact your financial aid counselor to set an appointment. Please note that the office is closed to the public for processing on Tuesdays during the summer months. This is our office Web site and is the best source of the most current information. Show where our presentation can be found (arrows appear and disappear when the mouse is clicked) First Arrow – the link: information for New Freshman is a resource that provides a step by step guide application to the payment of the bill. Second Arrow – the link: “Forms” under “quick links” provides on-line access to all required forms. Third Arrow – the link: “Calculate Costs” is a tool that allows you to estimate your out of pocket costs by providing an estimate of your charges and allows you to deduct the financial aid you expect to receive. Fourth Arrow – the link: “Contact Us” is a listing of all staff in the office and provides their direct phone line and email address. Students are assigned to a counselor by their last name. General inquiries and submission of documents can be done during our regular office hours. For specific inquiries about your financial aid file, please contact your financial aid counselor to set an appointment. Please note that the office is closed to the public for processing on Tuesdays during the summer months.

3. Access to Student Information Family Educational Rights and Privacy Act (FERPA) Combined form for FA/SBS Available on our Website Under “Quick Links” and “Forms” Students are strongly encouraged to remain an integral part of the financial aid & billing process A federal law that protects the educational records of students. Applies to all universities. Students must complete the form and list those who are authorized to contact our offices regarding their financial aid and billing. A federal law that protects the educational records of students. Applies to all universities. Students must complete the form and list those who are authorized to contact our offices regarding their financial aid and billing.

4. Application Process Must submit a FAFSA for each academic year “Apply on-line by Valentine’s” If you haven’t submitted a FAFSA for the current academic year, it’s not too late! File Today! February 14th is our priority filing date. You must complete the FAFSA each year by this date to be considered for some limited grants and scholarships.February 14th is our priority filing date. You must complete the FAFSA each year by this date to be considered for some limited grants and scholarships.

5. Keeping in Touch myUMBC Check your Alerts Click to see your “To Do” list and take action Submit all documents ASAP to prevent delays in processing! All correspondence is by email and through the student’s myUMBC account An alert is posted on the student’s main page on myUMBC to notify them that there is information that is needed or action is requiredAll correspondence is by email and through the student’s myUMBC account An alert is posted on the student’s main page on myUMBC to notify them that there is information that is needed or action is required

6. Types of Aid Offered at UMBC Grants/Scholarships - Do not have to be repaid Federal – need-based Pell and SEOG* Grants TEACH Grant (may need to be repaid) http://studentaid.ed.gov State – need and merit-based Awarded by MD Higher Education Commission (MHEC), not UMBC In-state residents only (student and parents) Must file FAFSA by March 1st each year to be eligible for most awards Some MHEC scholarships require additional applications Visit their web site at www.mhec.state.md.us for more information UMBC – need and merit-based Need-based – UMBC Grant* Merit-based *FAFSA must be filed by UMBC priority filing date of February 14th to be considered for SEOG and UMBC Grant Emphasize that grants/scholarships do not need to be repaid MD State awards review each bullet Reminder must file by February 14th to receive limited funds such as SEOG and UMBC Grant. Can add up to $2000 to your award package. Merit scholarships are awarded at the point of admission. They are based on a combination of SAT/GPA and awarded for 4 years. Students are automatically reviewed for general merit scholarships. All awards have already been made.Emphasize that grants/scholarships do not need to be repaid MD State awards review each bullet Reminder must file by February 14th to receive limited funds such as SEOG and UMBC Grant. Can add up to $2000 to your award package. Merit scholarships are awarded at the point of admission. They are based on a combination of SAT/GPA and awarded for 4 years. Students are automatically reviewed for general merit scholarships. All awards have already been made.

7. Scholarship Search This resource is located on our website – Scholarships > Current Students Click the Retrieve! button to begin your search Access to information on hundreds of different awards Can narrow the search by selecting an area of interest This resource is located on our website – Scholarships > Current Students Click the Retrieve! button to begin your search Access to information on hundreds of different awards Can narrow the search by selecting an area of interest

8. Types of Aid Offered at UMBC Student Loans (Must be Repaid) Federal Loans Perkins FAFSA must be filed by UMBC’s priority filing date of February 14th Need - based loan Stafford Subsidized Need - based Government pays interest – while enrolled at least 6 credits Unsubsidized Non-need based Interest accrues while the student is in school Student loans are available resource – unlike grants and scholarships, must be repaid Review information on slide FAFSA is required to determine eligibility Loans are in the student’s name Maximum eligibility is automatically included in fin aid package Can cancel or decrease loan amount – Loan Decrease/Cancel form from our website Student loans are available resource – unlike grants and scholarships, must be repaid Review information on slide FAFSA is required to determine eligibility Loans are in the student’s name Maximum eligibility is automatically included in fin aid package Can cancel or decrease loan amount – Loan Decrease/Cancel form from our website

9. Additional Options Parent Plus Loan Based on credit worthiness Must have a valid FAFSA on file If parent PLUS Loan is denied Student is eligible for additional Stafford Unsubsidized Select this option on the Parent PLUS Application Alternative Loan Available to students and/or parents Based on credit worthiness Preferred Lenders list on our website or choose your own lender Co-signer may be required Additional financing options- more information about these programs is available on our website PLUS loan is in the parent’s name, not the student’s Only one parent needs to apply Review slide Additional financing options- more information about these programs is available on our website PLUS loan is in the parent’s name, not the student’s Only one parent needs to apply Review slide

10. Accepting Your Loans Stafford, Parent Plus and Alternative Loans On-line application process and available through our website Should be completed by June 30th for priority processing Online Stafford Loan Entrance Counseling must be completed before loans can be disbursed Perkins Loans Student Business Services will notify awardees via their myUMBC email about the steps required to complete the application process Online Perkins Loan Counseling must be completed before funds can be disbursed If you decide to use funds offered through any of the loan programs to assist with costs, there are some additional steps you must take so that the money can be applied to the student’s bill Complete the on-line application process for Stafford, PLUS & Alt loans – link available on our website Review other bullet points If you decide to use funds offered through any of the loan programs to assist with costs, there are some additional steps you must take so that the money can be applied to the student’s bill Complete the on-line application process for Stafford, PLUS & Alt loans – link available on our website Review other bullet points

11. Reminders Complete an Authorization to Release Information form Visit the Office of Financial Aid and Scholarships Web page for forms and the most up to date information Check your myUMBC account regularly Email To Do list Additional Aid Notify the Office of Financial Aid and Scholarships about any outside awards or scholarships Review points on slide Don’t forget to check with your employer – they may have tuition assistance programs available to assist with costsReview points on slide Don’t forget to check with your employer – they may have tuition assistance programs available to assist with costs

12. Campus Contact Information Office of Financial Aid and Scholarships Ph: 410 455 2387 email: [email protected] web: www.umbc.edu/financialaid Library, Pond-side entrance Student Business Services Ph: 410 455 2288 email: [email protected] web: www.umbc.edu/sbs Administration Building, Third Floor Undergraduate Admissions Ph: 410 455 2291 email: [email protected] web: www.umbc.edu/undergraduate Library, Pond-side entrance Registrar’s Office Ph: 410 455 3158 email: [email protected] web: www.umbc.edu/registrar Academic Services Building

13. Questions??

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