UNC Wilmington Office of Scholarships & Financial Aid Seahawk Saturday September 2015

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UNC Wilmington
Office of Scholarships & Financial Aid
Seahawk Saturday
September 2015
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Cost of Attendance & Average Award
Applying for aid
Verification
Types of aid
Eligibility
Additional Tips
VA Benefits
Questions
12K
7200 Loans
4800 G/S
Cost of Attendance – UNCW
Tuition and Fees
12K
6K Loans
6K G/S
Resident Non-Resident
$ 6,647
$20,963
9,862
9,862
Books and Supplies
1,082
1,082
Transportation
1,690
1,690
Miscellaneous
1,554
1,554
Health Insurance
1,604
1,604
64
64
$22,503
$36,369
Room and Board
Loan Origination Fee
Total
These figures represent the current 15-16 costs
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The Free Application for Federal Student Aid (FAFSA) is used
to determine your eligibility for federal, state and institutional
need-based aid.
File early to increase chances of receiving funding. The filing
period begins January 1. March 1 is the priority date for
UNCW institutional aid.
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PPY for 2017/18 – apply October 1
http://www.nasfaa.org/ppy_nasfaa_press_release
WWW.FAFSA.ED.GOV
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Student’s & Parent’s Social Security Number
Student’s driver's license number (if any)
Student and parent’s W-2 Forms
Student’s (and spouse, if married) Federal Income Tax Return – IRS Form
1040, 1040A, 1040EZ
Parent's Federal Income Tax Return (if a dependent student)
Student and parent’s current bank statements
Current business and investment mortgage information, business and
farm records, stock, bond, and other investment records
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The Federal Government requires each institution to review files for
verification to ensure that FAFSAs are completed accurately
If selected, you may be required to submit:
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Parent and/or student tax transcripts/professionally prepared tax returns
 Data Retrieval Tool reduces the need for these if selected
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Parent and/or student W2(s)
Household Forms (who lives in the home, who is enrolled in college, untaxed
income, SNAP benefits, etc.)
Marriage/Divorce certificates or decrees
Any other information necessary to resolve any conflicting information
Financial aid is monetary assistance provided to students to pay
for the costs associated with their education.
Grants
Scholarships
Loans
Work study
Employment
UNCW Scholarship Information
Department
Website
Key Dates
General Scholarship
Application
www.uncw.edu/finaid
Feb 1 – May 1
Honors College
www.uncw.edu/honors
Scholarships offered by the Office of Scholarships and Financial Aid are
need-based and require applicants to file the FAFSA.
Honors, Admissions, and Alumni Scholarships are primarily merit-based.
A loan is borrowed money that
must be repaid with interest.
Federal subsidized loans don’t
accrue interest while you are
enrolled, but unsubsidized
loans do. 4.26 Interest Rate
Plus loan denials give the student
additional unsub loan eligibility
($4000 1st/2nd year students;
$5000 3rd/4th year students)
Federal Stafford
Loan
1st year - $5500
2nd year - $6500
Federal Stafford
Loan
3rd year - $7500
4th year - $7500
Loans
Federal Parent
PLUS Loan
*based on credit
application
6.84%
Non-Federal
Student Loan
*credit-worthy cosigner
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Student must complete
Entrance Counseling
Student must complete
Master Promissory Note
Complete both at
www.studentloans.gov
Use FAFSA PIN as
signature
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If the Parent(s) needs a
PLUS Loan, they must Apply at
www.studentloans.gov and
be approved
Complete Master
Promissory Note
Use FAFSA PIN as
signature
Email decision available
within 1-2 business days
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The Federal Work Study (FWS) provides part-time jobs, on
and off campus, for undergraduate and graduate students with
financial need.
Benefits:
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Flexibility
Opportunity to acquire knowledge and employability skills in a
nurturing environment
Insight to campus operations from an administrative perspective
Positions are often available that pertain to the student’s course of
study
Positions available through America Reads and America Counts
(tutoring in local schools)
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Use correct identification numbers (SSN, DOB, DL)
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Ensure that the institution has your correct SSN, DOB, and the
correct spelling of your name
Use the IRS Data Match, if possible
List marital status correctly
Include the appropriate number of household members
Enter the college code information – UNCW 002984
Keep all forms/documents in a file for the student
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Apply for eligibility with the VA if you have not done so already. This is done online at www.gibill.va.gov After applying, you’ll receive your Certificate of Eligibility.
 Submit your Certificate of Eligibility to UNCW FA
 Submit your Class Schedule to UNCW FA each semester
If you have used benefits at a prior school and are continuing with the same
benefit, you need to transfer your eligibility to UNCW at www.gibill.va.gov
If you are using Vocational Rehabilitation, request for change of program
form from your counselor.
Additional assistance: http://www.uncw.edu/finaid/military.html
veterans@uncw.edu or 910-962-3177
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In order to maintain eligibility for federal Financial aid,
students must maintain Satisfactory Academic Progress
(SAP) which involves:
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Maintaining the required grade point average (2.00) and
Successfully completing 67% of the attempted course work, and
Complete program within 150% of program length
SAP is checked at end of each semester
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Federal Educational Rights and Privacy Act (FERPA)
We cannot discuss the student’s financial record with
parents without the expressed written permission of the
student.
Students may voluntarily waive their privacy rights to
individuals they identify by completing the SeaNet Proxy
form on-line
SCROLL DOWN FOR ANNOUNCEMENTS
Office of Scholarships & Financial Aid
Warwick Center
910.962.3177
Office Hours 8:30am – 5pm
finaid@uncw.edu
www.uncw.edu/finaid
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UNCWFINAID - Twitter
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