Accepted Student Day 2016 What’s Next? Congratulations on your acceptance to KU! Next Steps After acceptance… • A non refundable $200 Advanced Registration Deposit (ARD) should be paid by May 1st • After receipt of ARD, you will be: • invited to CONNECTIONS orientation program • able to apply for on campus housing Next up a representative from… Financial Aid Services Financial Aid Services How will I find funding to pay for college? • It all starts with completing the Free Application for Federal Student Aid – FAFSA • www.fafsa.ed.gov • School Code – 003322 • Do not Delay – do this NOW! Contact Us: financialaid@kutztown.edu 610-683-4077 Financial Aid Services You’ve completed the FAFSA, now what? 1. Financial Aid Services receives the data submitted on the FAFSA. 2. Eligibility is determined for all possible aid and we send one (1) paper award letter. Future awards / updates are electronic only. 3. If you are selected for verification, we request additional information sent to us to determine your aid eligibility. Urgency is encouraged on these submissions. Financial Aid Services What is Verification? Students choosing to use Federal Financial Aid (Stafford Loans, Parent PLUS Loans, Pell Grants and more) may be selected for Verification. Verification means that we are being asked to verify that your information processed on the FAFSA is correct. Often mistakes can cause a students aid package to be less than it could be, or more. Common items required include: • Tax Transcripts – student and parents • W-2 copies – student and parents • Verification form – make sure it’s the right one *URGENCY* – If selected for Verification – respond with urgency as aid cannot show as Pending Aid towards your charges until this process is completed and it can take up 2 weeks to review and verify. Financial Aid Services Transfer Students FAFSA (Federal Aid) 1. Notify your current school and ask what they need / cancel your aid there. a) Make sure you withdraw through their Registrar’s Office. 2. Add Kutztown University’s code to your FAFSA – 003322 Already applied for loans for 2016/2017 year with your current school? 1. Notify your current school and ask what they need / cancel your aid there 2. May need to re-apply for PLUS loans or Alternative / Private loans. Have questions? Contact Us: financialaid@kutztown.edu 610-683-4077 Sources of Financial Aid • • • • • • Federal PELL Grant Federal SEOG Grant Federal Perkins Loans Federal Direct Stafford Loans Federal Direct PLUS Loans Scholarships (Institutional and Private, Need and Non Need Based) • State Grant and Special Programs (PA State Grant, PATH Scholarships, Chaffee Grants for foster children) • Private Loans Scholarships A separate application for our scholarships is not required Every student who completes a FAFSA is reviewed for scholarship eligibility. Scholarships include, but are not limited to: • Kutztown University Golden Bear Scholarships (in-state 1st time, 1st year students only) • Board of Governors Tuition Waivers (in-state) • KU Promise Scholarships (open to all STEM majors) • Out-of-State Tuition Reduction Program ** Exception : The Clarence Schock Scholarship is for students from selected counties in southern PA. Applications are available on our website. Firm April 1st deadline. Details on these and other scholarships can be found at www.kutztown.edu/scholarships Scholarships New scholarships for Fall 2016! 1. The Sesquicentennial Academic Honors Scholarship ($7,000/year for 4 years) • • High school seniors with a 3.25 cumulative GPA and 1350 SAT (CR&M) or 30 ACT Renewal requires participation in Honors program, on campus residence for 1st 3 years & minimum of 30 credit completion/year 2. The President's Academic Honors Scholarship ($1,000 /year for 4 years) • • High school seniors with a 3.25 cumulative GPA and 1200 SAT (CR&M) or 26 ACT Renewal requires participation in Honors program, on campus residence for 1st 2 years, & minimum of 30 credit completion/year 3. The Transfer Book Award (One-time book award of $500) • • All first-time transfer students with any Associate's degree Fall or Spring only; must be used in the KU Campus Bookstore Financial Aid Services Important Deadlines • March 1 - encouraged FAFSA deadline – Yes, you can complete this AFTER March 1st • April 15 - FAFSA must be processed and received by KU BY May 1st deadline (PA residents) for PA State Grant consideration – Complete and submit by April 15 th to avoid missing out! • June 1 – Start to apply for additional loans AFTER this date – Credit checks valid for 180 days [PLUS] & 90 days [private] – Federal Direct PLUS loan at www.studentloans.gov (parents apply) – Private loan at www.elmselect.com (students apply with co-signer) • July 1 - Receiving an outside scholarship? – Forward a copy of your letter to the Office of Student Accounts every semester / academic year. The sooner you submit, the sooner we can show on invoice. • MyKU portal –To Do Lists! Next up a representative from… The Office of Student Accounts FERPA Family Education Rights & Privacy Act Student MUST give the school permission to speak to any third parties (including parents). This includes sharing balance due and aid information. Good for one academic year. Students should complete the form in June @ CONNECTIONS! Located on the Registrar’s Office website Who We Are & What We Do • • • • • • Invoicing Posting payments 529 inquiries / deferments Posting Financial Aid after released to us Refunding any overpayments Outside Scholarships – Share award letters each semester / academic year – Have funds mailed to us to disburse • Providing HELP on options to pay and meet deadlines • Payment Plan monitoring Contact Us: studentaccounts@kutztown.edu 610-683-4133 Invoicing Information KU invoices electronically only – no mail! Due Dates: Fall 2016 (invoice July 2016)Spring 2017 (invoice Dec 2016) DUE: 8/5/2016 DUE: 1/3/2017 Summer / Winter Sessions DUE: Within 7 days from registration date Payment Methods • • Cash & check in the Office of Student Accounts Online – in MyKU only – E-check – ACH debit from a checking or savings account. • Cost – FREE (unless returned for NSF, un-locatable account or any other reason) – Credit Card – American Express, Discover, MasterCard and Visa • Cost – non-refundable 2.75% processing fee retained by processing company Invoicing Samples Pending Aid must show here Quick live link Invoicing Samples Invoicing Samples Payment Plans Semester Based Payment Plans - **subject to change** • • • • Tuition Pay administered by Higher One only $35 enrollment fee per plan per semester Special plans exist for summer and winter sessions! Plans can be set up with estimates and adjusted later at no cost! TuitionPaymentPlan.com/Kutztown Spring Plans Fall Plans • 5 Pays • – May, June, July, Aug, Sept • 4 Pays – Oct, Nov, Dec, Jan, Feb • – June, July, Aug, Sept • 3 Pays – July, Aug, Sept 5 Pays 4 Pays – Nov, Dec, Jan, Feb • 3 Pays – Dec, Jan, Feb Military Benefits / Funding • Veteran Enrollment Certification form required in the Registrar’s Office every semester • Required Military Funding • Direct Payments – Funds that come directly to KU • Chapter 31, 33, Yellow Ribbon, Tuition Assistance, EAP • Deferment possible • In-Direct Payments – Funds that go home to the soldier or family • Chapter 35, Chapter 30, 1606/1607, kickers, etc. • Deferment not possible Any balance not covered by Direct Military Benefits must be paid in full by the due date assigned, or we must be able to verify pending aid or satisfactory payment plan. Several double-dipping rules apply when mixing benefits. Bookstore Accounts To help students whose accounts are in good standing, who are expecting a refund based on pending aid, be able to purchase textbooks in our bookstore, we offer Bookstore Accounts. • Apply through the Financial Aid Services one week before school starts. • Fall requests start August 22nd • www.kutztown.edu/studentaccounts - refund link on the left • Eligibility determined by: • Aid status, potential overpayment, required items, good standing (no prior debts or holds), and granted permissions. • KU Bookstore only • ONE account only per semester, per student • Amounts range from $200 - $750 (expected refund will be reduced) • If approved, takes up to 48 hours to use account in bookstore Parental Involvement Joint discussions • Encourage your student to help themself. • Student should log in and complete requirements • Terms & Conditions, Intent to Attend, Entrance Counseling and Master Promissory Notes, etc. • Explain loans, due dates, payments and costs involved • Empower your son and daughter! Website: www.kutztown.edu/studentaccounts Costs Guide for First Time Students! Guide for First Time Students Next up a representative from… CONNECTIONS Orientation Program CONNECTIONS Orientation Program Who must attend? • • CONNECTIONS orientation is a mandatory program for all new students. Optional Parent orientation program offered in June. What happens at CONNECTIONS orientation? • Students receive their fall class schedule, obtain their student ID, meet faculty, staff, fellow students and learn more about life at KU. How do I register to attend? • Pay your $200 Advance Registration Deposit • Register online through your MyKU. Select your orientation date. • Complete all items on the New Student Checklist CONNECTIONS Orientation Program What is the cost to attend orientation? • • There is no charge to the student to attend orientation Parents (per person) - $10 in advance ($15 the day of the program) Where can I find information on how to register? • Instructions are included in your orientation invitation and on our website www.kutztown.edu/CONNECTIONS (610) 683-4088 Visit our table at the Marketplace today! Pay $200 Advanced Registration Deposit by May 1st Register for CONNECTIONS Orientation Apply for housing (if applicable) Complete FAFSA by March 1st Submit verification documents (if selected Send signature page for PA state grant (PA residents) Choose a payment plan (if applicable) http://www2.kutztown.edu/accepted Kutztown Connections KUCONNECTIONS. @KUCONNECTIONS kuconnections1 Follow KU CONNECTIONS via Social Media.