2011 Money Matters for Students - FSU Film School

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Money Matters for Students
Financial Aid & Student Financial Services
Summer & Fall Orientation
What’s the Difference?
FINANCIAL AID
STUDENT FINANCIAL SERVICES
 We
 We
review the FAFSA once
submitted by the student.
 We handle Bright Futures awarded
to students.
 We award Financial Aid to the
student according to the results of
the FAFSA.
accept payments for tuition and
other University charges.
 We disburse financial aid and
University refunds.
 We process Florida Pre-Paid tuition
plans and other third party billings.
Both offices assist students with debt management.
Location
Financial Aid and Student Financial Services are located in the Stadium
FINANCIAL AID
STUDENT FINANCIAL SERVICES
A4400 University Center
Tallahassee, FL 32306
Phone – (850) 644-0539
Fax - (850) 644-6404
A1500 University Center
Tallahassee, FL 32306
Phone – (850) 644-9452
Fax - (850) 644-5142
Office Hours:
8:30 am-5:00pm
FAFSA school code: 001489
Office Hours:
8:00 am-5:00 pm
Cashier Hours:
8:30am-4:30pm
www.financialaid.fsu.edu
Email: ofacs@admin.fsu.edu
www.sfs.fsu.edu
Email: sfs@fsu.edu
FAFSA
EVERYONE qualifies for some type of financial aid!
•The
•
•
•
•
key is to apply EARLY!
Federal Grants (Pell, ACG, SMART, SEOG, & TEACH)
Federal Work-Study
Federal Stafford Loans
Federal Perkins Loans
Every year complete the Free Application
for Federal Student Aid (FAFSA) as soon
as it becomes available on January 1st.
How to Complete the FAFSA
Apply for a PIN at www.pin.ed.gov
Both parents and student need a pin to sign FAFSA electronically .
How to Complete the FAFSA
Apply on-line at www.fafsa.ed.gov
Use previous years tax information or estimated tax information if taxes
are not already completed.
Your One Stop Shop
https://campus.fsu.edu
View
your Financial Aid Status
 The
Financial Aid Student Toolkit provides status updates and alerts
that need to be taken care of.
Check
your Account Statement
 Provides
Account
up to date billing information and is available 24/7.
Refund Setup
 Tells
FSU how you would like your refund sent.
Mailed to your local address
FSU SunTrust Account
Payments
 Online
Parental
payments are made under the “make a payment” link.
Access
 Parent/Third
information.
Party Access allows others to have access to your account
Secure Apps
Financial Aid Student Toolkit
Account Refund Setup
Account Statement
Payment Methods
In
Office Payments:
 Monday-Friday
• FSU
8:30am-4:30pm
Card
• Cash
• Check
Online
or Money Order
Payments :
• FSU Card
• Debit Card
• All Major Credit Cards
• Electronic Check
$7 convenience fee for all online transactions
Florida Prepaid
Billings
•
are automatically entered
We do not need to see your Prepaid card.
Two
•
•
Types of Florida Prepaid:
Standard Plan
Standard Plan plus the Local Fees Plan
Contact
Information:
• 1-(800)552-4723
• www.florida529plans.com
Florida Prepaid dorm is handled by the Housing Office.
Steps to Accepting Loans
Accept
awards via Office of Financial Aid student toolkit
Complete:
• Loan Entrance Counseling
• Master Promissory Note
• www.studentloans.gov

Federal Parent Plus Loan
• Complete:
• FAFSA (if not all ready of file)
• Direct Loan Federal Plus Loan Application
• Direct Loan Master Promissory note for parents
To
print an application and for more details please visit our
website.
 www.finaid.fsu.edu
Bright Futures
•
Academic Scholarship
• Maintain a 3.0 cumulative GPA and complete 24 credit hour per
academic year.
•
Medallion Scholarship
• Maintain a 2.75 cumulative GPA and complete 24 credit hours
per academic year.
All Classes dropped after drop and add
MUST be REPAID
Scholarships
Florida
•
State University Scholarships
Automatically reviewed when you applied for admissions to the
university
Private
•
•

Scholarships
Report to OFA via student’s financial aid toolkit
Research will continue while you are enrolled
• Local organization (rotary clubs, Kiwanis clubs, fraternities,
sororities, churches, and banks)
• Department of interest
• FSU financial aid website at: www.finaid.fsu.edu
• Google Search
Send private scholarships to Student Financial Services and be sure to
include your student number and the terms and conditions of the
scholarship.
Disbursing Financial Aid
Financial Services disburses financial aid on the 5th day of classes:
 Financial Aid is:
Grants
Loans
Scholarships
Bright Futures
Student
 Tuition
 Once
and Fees are automatically deducted.
all tuition and fees are paid any excess money is refunded
according to the Account Refund Setup.
Important Dates:
Financial
Aid Disbursement:
Summer Session C: Tuesday, July 5th
Fall: Tuesday, September 6th
Tuition
Payment Deadline
Summer: Friday, July 8th
Fall: Friday, September 9th
• A late fee of $100 may be assessed to unpaid
tuition.
• Unpaid tuition may lead to cancelled schedules
and additional fees.
What’s the Bottom Line?
You tell us:
• How many hours are you taking?
• What is your housing choice?
• What is your meal plan choice?
• How much is your health insurance?
• How much are your books?
Bottom Line?
______
______
______
______
______
______
The bottom line is different for every student because of all the choices
they can make!
Debt Management
 Financial
Aid and Student Financial Services are always available for
financial counseling.
Set a realistic budget and stick to it.
Exhaust all other alternatives before borrowing.
Only borrow what you need.
Avoid credit card debt.
If financial circumstances change contact us!
Questions?
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