THE FINANCIAL AID JOURNEY
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Transcript of THE FINANCIAL AID JOURNEY
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THE FINANCIAL AID JOURNEY
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FAFSAFree Application for Federal Student
Completed for each school year
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STEPS TO TAKE FAFSA VERIFICATION CORRECTIONS MASTER PROMISSORY NOTE ENTRANCE COUNSELING ACCEPT AWARD TUITION/FEES PAID REFUND DISBURSED
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VERIFICATION- additional documents are required
CORRECTIONS- student will correct information on application and re-submit to FAFSA
AWARD NOTICE SENT- student will receive an email notice sent to the UTHSC email account
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MASTER PROMISSORY NOTE-legal document all student loan borrowers must complete promising to repay loan
ENTRANCE COUNSELING- loan information session explaining rights &responsibilities
TUITION/FEES PAID- the date financial aid is applied to student’s account
REFUND DISBURSED- the date excess aid is processed
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FINANCIAL AID AWARDS Loans Scholarships Grants Cost of Attendance Budgets Forms College Work-Study
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Types of Loans Unsubsidized Direct Loan Perkins Loan Graduate Plus Loan Private/Alternative Loan
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LOAN AMOUNTS UNSUBSIDIZED STAFFORD$44,944
PERKINS$4,000
GRADUATE PLUSCost of Attendance Minus Other Aid
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2014-15 Out-of-State Cost of Attendance
Estimate
Tuition $66,070 Fees $ 17,713 Books and Supplies $ 1,746 Living Expenses $21,318 Total $106,847
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Out-of-State Packaging ExampleCOA = $106,847 $44,944 Direct Unsubsidized Loan $57,903 Graduate Plus $ 4,000 Perkins Loan $106,847
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2014-15In-State Cost of Attendance
Estimate Tuition $ 27,900 Fees $ 17,713 Books and Supplies $ 1,746 Living Expenses $21,318 Total $68,677
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In-State Packaging ExampleCOA = $68,677 Direct Unsubsidized $ 44,944 Graduate Plus $19,733 Perkins Loan $ 4,000 Total $68,677
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Additional
Funds Request
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One on One Counseling A scheduled counseling with your
financial aid counselor
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Applying for Financial Aid
PIN: www.pin.ed.gov
FAFSA Application:www.fafsa.ed.gov (School code: 006725)
Loan History:www.nslds.ed.gov
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Contact InformationGloria DobbsFinancial Aid CounselorCollege Of Health Professions(901) [email protected] Skype: glor.dob90