Senior Parent Meeting - PowerPoint PPT Presentation

jacob
senior parent meeting n.
Skip this Video
Loading SlideShow in 5 Seconds..
Senior Parent Meeting PowerPoint Presentation
Download Presentation
Senior Parent Meeting

play fullscreen
1 / 41
Download Presentation
Senior Parent Meeting
341 Views
Download Presentation

Senior Parent Meeting

- - - - - - - - - - - - - - - - - - - - - - - - - - - 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)