1 / 41

Senior Parent Meeting

Senior Parent Meeting. August 31, 2015. Senior Year Checklist. Fall Semester Take and retake the ACT/SAT Apply to several colleges (admissions, institutional aid, etc ) and utilize their net price calculators Complete local/private scholarship applications Spring Semester

jacob
Download Presentation

Senior Parent Meeting

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Senior Parent Meeting August 31, 2015

  2. Senior Year Checklist Fall Semester • Take and retake the ACT/SAT • Apply to several colleges (admissions, institutional aid, etc) and utilize their net price calculators • Complete local/private scholarship applications Spring Semester • Complete 2016-17 FAFSA available January 1, 2016 • Continue completing local/private scholarship applications • Review college acceptances, compare financial aid packages, ask questions, and follow up as needed

  3. Basic Steps: College Admission • Apply for admission online • Fill out a transcript request form in guidance • Vocational Schools (TCAT-Hartsville) paper application

  4. College Information • Application Deadlines • Fee requirements (all figures based on 2015-2016) • Admission requirements • Cost of attendance • Scholarship information • Information subject to change; students’ responsibility to visit websites and gather pertinent information • Schedule fall preview dates

  5. Remember: Deadlines are Important!! • Some colleges have a November 1st deadline for admission and scholarships • If you miss a deadline, nothing can be done. • It is the students’ responsibility to research deadlines for their school of choice. • Get housing applications in early (online).

  6. Questions?

  7. Financial Aid 101 Funding a College Education

  8. Cost of Attendance

  9. Cost of Attendance

  10. Financial Aid Sources

  11. FAFSA • 2016-17 FAFSA on the Web • Available January 1, 2016 • www.fafsa.gov (VERY IMPORTANT!) • Priority deadline is as soon as possible after January 1, 2016!

  12. FAFSA • 2012-13 FAFSA on the Web • Available now • www.fafsa.gov (VERY IMPORTANT!) • Priority deadline is as soon as possible after January 1, 2012!

  13. TN Promise Checklist • Apply to the Tennessee Promise program at www.TNPromise.gov by November 2, 2015 • Complete 2016-17 FAFSA at www.FAFSA.gov by February 15, 2016 • Attend first mandatory meeting coordinated by TN Achieves on January 19, 2016 @ 5:30 • Attend second mandatory meeting coordinated by TN Achieves on April 12, 2016 @ 5:30 • Complete 8 hours of community service between January 1, 2016 – August 1, 2016

  14. TN Promise

  15. State Aid (2-yr) *All courses calculated on a 4.0 scale per the Uniform Grading Policy

  16. State Aid (4-yr) *All courses calculated on a 4.0 scale per the Uniform Grading Policy

  17. State Aid *All courses calculated on a 4.0 scale per the Uniform Grading Policy

  18. Online Applications *All courses calculated on a 4.0 scale per the Uniform Grading Policy

  19. Social Media Like us on Facebook at: Tennessee Student Assistance CorporationFollow us on Twitter:@TNFinancialAidCheck out our website at:www.TN.gov/collegepays

  20. Financial Aid Terms • COA – cost of attendance; varies by institution • EFC – expected family contribution; number derived from the FAFSA and used to determine need based aid eligibility • FAFSA – Free Application for Federal Student Aid • PIN – personal identification number; used to electronically sign the FAFSA • SAR – student aid report; summary of FAFSA information • Grant – free money based on need • Loan – money borrowed that must be paid back with interest • Scholarship – free money awarded on the basis of merit, skill, or unique characteristic • Verification – random “audit” of FAFSA • Work study – money received from on campus employment

  21. Paying for College

  22. Institutional Aid

  23. ACT

  24. SAT

  25. Private Aid

  26. FAFSA Checklist • Student’s Social Security number • Parent(s)’ Social Security number(s) • Student’s driver’s license number if you have one • 2015 tax information for student and parent(s) • To complete and submit FAFSA in January, use estimated tax information (i.e. 2014 tax return, 2015 W-2 information, or last paystub) • Records of your untaxed income, such as child support and veterans noneducation benefits for student and parent(s) • Information on checking and savings account balances; investments; and business and farm assets

  27. Student Demographics • Last Name, First Name, SSN – must match social security card • Length of residency question • E-mail – leave blank if you prefer to receive information by postal mail • Selective Service – males only; register me • Grade level – never attended college/1st yr. • Degree – 1st bachelor’s degree, associate degree, certificate or diploma • Work-study – yes

  28. Dependency Status • If all “no” responses, student is dependent; parental information needed • If “yes” to any question, student is independent; parental information is not needed • If you have a special circumstance and cannot provide parental information, contact the financial aid office at the college(s) you plan to attend in order to complete the FAFSA; professional judgment

  29. Parent Demographics • Parent – adoptive or biological • Divorced/separated – answer questions about parent whom you lived with more during the past 12 months • Remarried – answer questions about parent you live with and your stepparent • Last Name, 1st initial of 1st name, SSN – must match social security card • Length of residency question • # in college – do not include your parents in this number

  30. Financial Information • 2015 IRS tax return – already completed, will file, or not going to file • Will file – 2014 tax return, 2015 W-2 forms, or last pay stub • Income tax – amount paid; should not be the same as the AGI • IRS Data Retrieval Tool – once 2015 tax return is completed, return to FAFSA to make corrections; tax information imported directly from IRS; simplifies verification

  31. FAFSA Investments • Include • Rental property • Trust funds • Money market funds • Mutual funds • Certificates of deposit • Stocks • Stock options • 529 college savings plans • Do NOT Include • Primary place of residence • 401[k] plans • Pension funds • Annuities • Non-education IRAs • UTMA/UGMA accounts for which you are the custodian but not the owner

  32. Confirmation • Pell Grant estimate (0 – 5157 EFC) and info on student loan eligibility • Detailed college information (grad, retention, and transfer rates) • Begin a new application with parents’ info link

  33. Student Aid Report • Notification of FAFSA processing results via e-mail (if provided on FAFSA) or paper (if e-mail not provided on FAFSA) or online • Review data for accuracy • Institutional Student Information Report (ISIR) sent to colleges listed on FAFSA two weeks after initial FAFSA submission • Additional documentation may be requested by institution; verification

  34. Federal Aid

  35. Federal Aid

  36. Award Letter

  37. Award Letter

  38. FAFSA Assistance • FAFSA Workshop – January 12 @ WHS • Volunteer State Community College offers assistance no matter where the student may be attending school

  39. COLLEGE NIGHT @ VOL STATE COMMUNITY COLLEGE SEPTEMBER 23, 2015 6 – 8 PM

  40. Contact Info jason.seay@TN.gov 615.253.7459 (o) 615.319.1740 (c) tabitha.pardue@sumnerschools.org jamie.wallace@sumnerschools.org kevin.harrison@tcathartsville.edu

  41. Contact Info sam.mullins@tn.gov 931.303.3296 (c)

More Related