FUTURE ROADRUNNERS Financial Aid
Hey, I’m Will ill Moo Moody dy
Financial Aid Types of UTSA State Federal Institutional Aid Aid Aid Grants → Scholarships → Work Study → Loans
Deadlines Financial Aid January 15 FA L L T E R M Priority Deadline November 11 S P R I N G T E R M Oct 1 Oct 1 Priority Deadline FAFSA Opens
Financial Aid Applying for Apply for a Fill out the File FAFSA FSA ID FAFSA Every Year studentaid.ed.gov www.fafsa.ed.gov Opens Oct 1
What you Need Info to Gather Income Tax W-2s Identification 1040, 1040A, 1040EZ Wage and Salary FSA IDs, SSN, Birthdate, Name Bank Accounts Investment Real Estate Saving & Checking Records of stocks, Business, farm, real Information bonds, investments estate records (not the home you live in)
Retrieval Tool IRS Data IRS Online Tax FAFSA Forms Application An Easier Way to Fill out your FAFSA!
What is EFC? Expected Family Contribution Special Age of Dependent Oldest vs Circumstances Parent Independent and Professional Judgment Number Income in College & Assets See your institution’s Financial Aid Office Household Size
Financial Need Determining Your Expected Cost of Family Financial Attendance Contribution Need (COA) (EFC)
Cost of Attendance 18-19 ESTIMATED FULL-TIME (Fall/Spring) Texas Resident, Living on Campus Tuition and Fees $9,900 On-Campus Housing & Meals $11,578 Your costs will vary but this is what UTSA uses Books + Supplies $1,500 to determine Financial Aid Awards. $676 Transportation $1,836 Personal Expenses $25,490 Total Estimates COA
Grants Type of Aid “Free Money” → Federal Pell Grant Must → Federal SEOG Grant Submit a → Texas Public Education Grant (TPEG) FAFSA! → Texas Excellence Grant → UTSA Grant → TEACH Grant
Scholarships Type of Aid “Free Money” → UTSA General Scholarship Application → On ApplyTexas! → Deadline: Jan 1 (freshmen) Feb 15 (transfer) → Major/College Specific → utsa.edu/scholarships Merit vs → Local/Outside Scholarships Need- → High School or Community Based → fastweb.com
Work-Study Type of Aid “Money You Work For” Make sure to → Students must state interest on the FAFSA Tell us! → Funding based on demonstrated financial need → Eligible students should coordinate with the Career Center to find on-campus employment → Positions are not guaranteed. → May not work more than 15 hours per week → Funds are limited and paid as earned
Loans Type of Aid “Money You Pay Back” → Federal Subsidized Stafford Loan Think → Federal Unsubsidized Stafford Loan Financial Literacy Separate Application Required → Federal Parent PLUS Loan → Alternative Loan
Money Smarts Financial Literacy Exhaust Reduce Federal Aid Loan Amount First Portfolio Borrowed Borrow Responsible What you Borrowing Need
Keep Eligibility Satisfactory Academic Progress Make the Course Graduate Grades Completion on Time Maintain 2.0 GPA Complete your Classes! Finish in 4 Years
One Stop UTSA
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