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Explore over $150 million in financial aid, scholarships, grants, loans, work-study, and more at Pacific University! Get an estimate of your aid package with the Net Price Calculator and apply for various scholarships and programs. Learn about eligibility criteria, FAFSA application process, Cal Grants, and important deadlines. Receive expert guidance from our financial aid counselors at Knoles Hall or contact us via email or phone for assistance.
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Financial Aid Preview Days Fall 2013 209.946.2421 s financialaid@pacific.edu www.pacific.edu/financialaid
Net Price Calculator Using the net price calculator, your information will generate an estimate of the financial aid package awarded to students with similar characteristics. www.pacific.edu/financialaid
Financial Aid at Pacific • Total Aid: >$150 million(Stockton campus, 2012-2013) • Includes over $50 million in University funds • More than 80% of our students receive financial aid • Financial aid includes • Scholarships and grants • Loans • Work-study
Academic Scholarships/Freshmen • Powell Scholars Program$35,000 • Additional support for undergraduate research, study abroad • Application deadline: December 1 go.Pacific.edu/PowellScholars • Regents’ Scholarship$10,000 • President’s Scholarship$6,500 www.pacific.edu/financialaid
Need-Based Grants & Scholarships • Federal Pell Grant • Federal SEOG • Cal Grant A / Cal Grant B(California residents) • University Grants/ UOP Grants www.pacific.edu/financialaid
Federal Student Loans & Work-Study • Federal student loans • Low interest rates and flexible repayment terms • Repayment begins after the student leaves school and the grace period has expired • Federal work-study • Part-time employment during the school year www.pacific.edu/financialaid
Financial Eligibility • Estimated academic year Costs of Attendance • Tuition and other actual and estimated costs • Net Price Calculator • Expected Family Contribution (EFC) • Calculated on the basis of FAFSA information using formulas prescribed by the federal government • Financial Need • Most aid is for students who demonstrate financial need • Exceptions:PLUS Loan(parents), Unsubsidized Stafford Loan Your eligibility can vary from school to school!
In summary . . . • Financial aid “package” • Students often qualify for funds from more than one financial aid program—a financial aid package • Scholarship recipients may qualify for aid in addition to the academic award • Federal PLUS Loan (Application Online) • For parents of dependent undergraduate students • FAFSA required www.pacific.edu/financialaid
FAFSA (Free Application for Federal Student Aid) • Collects information about finances and other circumstances • Used to determine financial eligibility for federal, state, and University aid • Submit through Federal Student Aid processor • File online at www.fafsa.gov(FAFSA on the Web) • No charge to file! www.studentaid.ed.gov
FAFSA(continued) • List at least one California college or university • Sign with student and parent PINs • Eliminates need to print and mail a signature page • First day to file (online or paper):January 1, 2014 Keep a copy of your completed FAFSA. Online filers, be sure to print and save the confirmation page. If you file a paper FAFSA, get a Certificate of Mailing at the post office. www.fafsa.ed.gov
Cal Grants: “It takes two forms” • Financial eligibility(FAFSA) • Verified Cal Grant GPA • Some schools submit GPAs electronically • Others have students use the paper GPA form (available at California Student Aid Commission Web site) • Ask your high school for instructions! • Application Deadline(FAFSA & GPA):March 2 www.csac.ca.gov
Application Checklist: Now • Apply for admission • Get PINs: www.pin.gov • Cal Grant GPA Verification • Mail completed form or confirm that school will submit GPA Utilize the University of the Pacific Net Price Calculator to estimate potential award package.
Application Checklist: January • File 2014-2015 FAFSA • Pacific’s school code: 001329 • Priority FAFSA filing date: February 15 • Apply on time—don’t wait for an admission decision • Use estimated2013 income figures if necessary Reminder: Submit Cal Grant GPA by March 2
After you apply . . . • Federal Student Aid Report (SAR) • Check carefully against completed 2013 tax returns and submit corrections if necessary • California Aid Report (CAR) • Notifies Cal Grant recipients of award value • Financial Aid Award • Pacific will begin sending award notices by April 1. • Follow all instructions for receiving the funds awarded To make sure SAR email isn’t blocked add FederalStudentAid to address book
2013 Income Documentation • U.S. Federal Tax Transcript • 2013 Federal Tax Return Transcript • Include W-2 forms • Send copies to Pacific Financial Aid Office **The FAFSA also offers “data retrieval” Non-filer’s Statement • Submit this form if you will not file a 2013 income tax return Not part of initial application process but required for disbursement
To contact us . . . Financial Aid Office s Knoles Hall Open Monday–Friday, 8:30–5:00 Counselors available (except Wednesday mornings) 9:30–12:00 and 1:00–4:00 209.946.2421 • financialaid@pacific.edu www.pacific.edu/financialaid