2008-2009Financial Aid Information on

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Staff TrainingCustomer Service Specialists

October 17, 2008

Office of Admissions and Financial

Aid

UALR Financial Aid Deadlines – Fall Semester

• February1 – Academic Scholarship Application Deadline• March 1 – UALR Private Scholarship Deadline

• March 1 – Financial Aid Priority Deadline (complete FAFSA by this date for best chance of receiving SEOG and Work Study funds)

• July 1 – Financial Aid Preferred Deadline for the Fall (all financial aid and admission requirements must be complete by this date, or the student may not learn about aid eligibility until after October 1)

• November 1 - Financial Aid Final Deadline for the Fall Semester (students cannot receive financial aid for the fall term after this date).

UALR Financial Aid Deadlines – Spring Semester

• November 1 – Financial Aid Priority Deadline (complete FAFSA by this date for best chance of receiving SEOG and Work Study funds)

• December 1 – Financial Aid Preferred Deadline for the Spring term (all financial aid and admission requirements must be complete by this date, or the student may not learn about aid eligibility until after February 1)

• April 1 - Financial Aid Final Deadline for the Spring Semester (students cannot receive financial aid for the spring term after this date).

ROARMAN

Definition of Need

Cost of Attendance

-Expected Family Contribution

=Financial NeedFinancial Need

Definition of Financial Need

ROARMAN

Cost of Attendance(BUDGET)

EFC

NEED

ROARMAN

AWARDS

ROARMAN

ROASTAT

ROASTAT

Verification Information

ROARMAN

Most recent SAP status

ROASTAT

SAP Status

Ineligible for financial aid

• ACSUSP -Academic Suspension

• CANCEL -Unsatisfactory Progress

• CANCHR – Cancel Due to Cumulative Hours

• CANCTM – Unsatisfactory Progress for Term (no hours completed)

Eligible for financial aid

• REGULR – Good Standing

• PROBTN – Probation

• CONDPR – Probation with Conditions

• CONDAP – Appeal Approved with Conditions

• COMAPP – Committee Decision

Eligible for Non-Federal Awards Only

• NONFED – Eligible for alternative loans and some scholarships

Satisfactory Academic Progress (SAP) status is determined at the end of the term and is effective beginning the next term. For example, SAP for Spring 200810 was determined on 05/15/08 and was effective beginning the Summer Term 200830

PLEASE REFER SAP QUESTIONS TO AN AID ADVISOR

ROASTAT

ROARMAN

“IMMEDIATE PROCESS” SCREEN

- USED TO PERFORM ON-LINE ROCEDURES

ROAIMMP

ROARMAN

Based on student’s enrollment as of the financial aid “census date” – usually the last day of “schedule adjust.” This value remains constant for the term.

ROAENRL

Actual “registered” hoursThis fields will be displayed as soon as student has registered for the term, and values will change if the student adds or drops classes.

ROAENRL

ROARMAN

RBAABUD

ROARMAN

RRAAREQ

ROARMAN

Schedule Award – Maximum Eligibility

Expected Disbursement – Amount Expected to Receive

ROAPELL

ROARMAN

FAFSA Data

RNANA09

RNANA09

ROARMAN

RPAARCS

ROARMAN

RPAARCS

RPAARSC

“Third Party” Payments posted directly to student’s UALR account

ROARMAN

RPAAWRD

OFRD – offeredACPT – acceptedAPRD – approved (automatic accept OR adjusted by AFA)DECL – declined by studentCNCL – cancelled by AFA

RPAAWRD

QUESTIONS?

Thanks for

your time!