WHAT YOU WILL LEARN TODAY

Welcome to Cal State Fullerton Day 2015

Funding Your Education

Office of Financial Aid & Student Financial Services April 11, 2015

WHAT YOU WILL LEARN TODAY



Next Steps After Filing Applications



Eligibility & Types of Aid Available by

Application



Payments & Student Financial Services



FERPA



Important Takeaways



Financial Aid Websites & Resources

I FILED MY APPLICATION.

NOW WHAT?

NEXT STEPS: FINANCIAL AID ANNUAL CYCLE

1. Apply 2. Student Portal & Student Center 3. To‐Do List 4. Submit Documents 5. Review, Award & Receive $

NEXT STEPS: STUDENT PORTAL



Student Portal login @

fullerton.edu

homepage

NEXT STEPS: STUDENT CENTER

 After logging in, students can click on Titan Online to access the Student Center. Students are also encouraged to check their campus email regularly for emails from us.

NEXT STEPS: TO‐DO LIST

 On the right hand side of the Student Center, the “To Do List” will show any documents requested of the student.  Click on “more” to download the forms & note any deadlines!

NEXT STEPS: SUBMIT DOCUMENTS

 All forms on the To Do List need to be completed and submitted with any additional documentation to the Office of Financial Aid in order to consider your file complete and ready for review  Priority document submission deadline of June 11, 2015  Failure to meet the priority document deadline may result in reduced eligibility, delayed processing times, and late payment of financial aid funds

NEXT STEPS: GOOD NEWS HOLD

Once your file is considered complete and ready for review, you may be eligible for a Financial Aid Good News Hold – Protects your enrollment – Allows you to delay the payment of your tuition fees until financial aid is disbursed until the 4th_{week of the semester, at} which time you will be considered responsible for paying your own tuition fees – (Not applicable to housing charges)

NEXT STEPS: REVIEW, AWARD & RECEIVE $



After file completion, the Office of Financial Aid

will review your application, documents, and

eligibility. The review process takes approx. 4‐6

weeks.



At the end of the review process, you will

receive an actual award offer of financial aid in

your Student Portal.



You will receive an email to your campus email

account asking you to view, accept or decline

your actual awards.

NEXT STEPS: REVIEW, AWARD & RECEIVE $

 Estimated aid is posted for incoming students in the Student Center. The estimated award offer is subject to change depending on final eligibility. Actual award offers will not say “estimated.”

NEXT STEPS: REVIEW, AWARD & RECEIVE $

The Office of Financial Aid works in conjunction with Student Financial Services to pay accepted financial aid awards to students. These payments are called “disbursements” and begin the week before classes start each semester. All financial aid, including Parent PLUS loans, will first be applied to institutional charges, which include: mandatory state, campus fees, and housing charges (if residing in on‐campus housing). Any remaining financial aid after institutional charges are paid will then be refunded to the student. Financial Aid

Disbursement Institutional Charges

Housing Charges (If applicable) Financial Aid Refund OR Out‐of‐Pocket Expenses

1. Apply 2. Student  Portal &  Student Center 3. To‐Do List 4. Submit  Documents 5. Review,  Award &  Receive $

NEXT STEPS: CYCLE BACK AROUND!

• Remember that financial aid must be applied for every year to remain eligible for financial aid starting in January. The cycle continues…

SO… WHICH APPLICATIONS 

SHOULD I FILE?

Application Option 1. • FAFSA • Cal Grant Application Option 2. • CA Dream Act • Cal Grant

FINANCIAL AID APPLICATIONS

OR

Option 1: FAFSA + CAL GRANT

Types of aid you may qualify for by filing a FAFSA: – Federal Aid Programs • Pell Grant • Federal Supplemental Educational Opportunity Grant (FSEOG) • Direct Loans • Parent Loans for Undergraduate Students (PLUS) • Federal Work‐Study (FWS) – State Aid Programs • Cal Grant • State University Grant (SUG) • Educational Opportunity Program Grant (EOPG) • Middle Class Scholarshipnew! – Scholarships *NOTE: All financial aid programs have various limits! Check your handout for more information.

Types of aid you may qualify for by filing a CA

Dream Act Application:

–State Aid Programs • Cal Grant • State University Grant (SUG) • Middle Class Scholarship new! –Scholarships *NOTE: All financial aid programs have various limits! Check your handout for more information.

Option 2: CA DREAM ACT + CAL GRANT

AID TYPES BY APPLICATION

FAFSA + CAL GRANT Option 1 Pell Grant FSEOG EOP Direct Loans PLUS Loans FWS CA DREAM ACT + CAL GRANT  Option 2 Cal Grants* SUG Middle Class Scholarship Various Scholarships*

APPLICATIONS: FAFSA

In order to file a FAFSA, you must:

–Be a high school graduate or equivalent –Be a U.S. citizen or an eligible non‐citizen –Have a valid SSN –Be registered with Selective Service if you are male between ages 18‐26

Reminder: Complete your FAFSA online @

fafsa.gov

by March 2

nd

_{of every year to meet}

the priority filing date!

APPLICATIONS: CA DREAM ACT

In order to file a CA Dream Act Application, you: – Must be an AB540 student • CA High School graduate or equivalent • Attended CA High School for minimum of 3 years – If attended less than 3 years, MUST have earned 3 years worth of credit AND – Attended a CA elementary and secondary school for a total of 3 years • Enrolled at a public CA college • File an affidavit with college certifying that they have or will file to legalize immigration status, if student does not currently have lawful immigration status – Do not have a valid SSN or have a temporary SSN issued through Deferred Action for Childhood Arrivals (DACA) – Be registered with Selective Service if you are male between ages 18‐26 Reminder: Complete your Dream Application online @

caldreamact.orgby March 2nd_{of every year to meet the priority}

APPLICATIONS: CAL GRANT

In order to be considered for a Cal Grant, you:

– Must file either a FAFSA or CA Dream Act application by the priority filing date – Be a California Resident or have AB540 status – File a GPA Verification form completed by your high school or college if you’ve earned 24 units – Meet the income/asset ceilings defined by the California Student Aid Commission (CSAC) annually

Reminder: If you haven’t been awarded a Cal

Grant, file your GPA Verification form by March

2

nd

_{to meet the priority filing date!}

APPLICATIONS: CAL GRANT

If you’ve already been awarded a Cal Grant, all

you have to do to requalify each year is to

complete a FAFSA or CA Dream Act application

before the priority filing date.

•

You will not have to complete another GPA

Verification form.

However, if you haven’t been awarded a Cal

Grant, you can reapply for consideration by

completing application option one or two.

APPLICATIONS: SCHOLARSHIPS

Scholarship requirements and deadlines vary, so students will be responsible for researching and applying for each scholarship through our website fullerton.edu/financialaid/ scholar You may also want to check out Online Scholarship Management on your Student Portal!

HOW DO I PAY FOR MY TUITION 

FEES?

Student Financial Services (SFS) presents…

SFS: Overview

•

Payment Due Dates

•

Financial Aid Refunds

•

Installment Payment Plans (IPP)

•

Payment Options

PAYMENT DUE DATES

•

July 6, 2015 through August 21, 2015

–Register for classes first –Payment is due in full within 3 days or you will be subject to disenrollment

•

August 22, 2015 and after

–Register for classes first –Payment is due in full immediately or you will be subject to disenrollment

FINANCIAL AID REFUNDS

• Direct Deposit • Funds are directly deposited into a checking/savings account of your choice (after financial aid has been applied to institutional charges) • Receive funds quickly and more securely • Free to sign up • How do I sign up? • Log into your Student Portal in Titan Online and click on the Student Center link • Select Direct Deposit • Follow steps to enter your bank account information • Approximately 10 business days to be implemented by your bank If your banking information changes, update your information immediately on the Student Portal

FINANCIAL AID REFUNDS

•

Check

• Mailed out after financial aid has been applied to institutional charges • Funds will be automatically sent by check if you do not sign up for Direct Deposit • Make sure your address is current in your Titan Online ‐ Student Center! • Lost check may take up to six weeks to replace

INSTALLMENT PAYMENT PLAN (IPP)

• Pay Tuition Fee or Non‐Resident Tuition Fee in 3 monthly installments • You must enroll in the plan each semester • Not available after September 8, 2015 • DO NOT sign up for IPP until after you register for your classes otherwise your account will not calculate correctly – Students 18 years of age and over • Apply for IPP immediately after registering in Titan Online – Students under 18 years of age • Complete, sign (both student & parent), and submit IPP application to SFS (UH‐180) immediately after registering

ONLINE PAYMENT OPTIONS

•

Online Payment Options via your Titan Online >

Student Center

– e‐Check (ACH) – Credit Cards Accepted: VISA, MasterCard, American Express, Discover • 2.75% non‐refundable credit card processing fee is charged on all credit card payment transactions – Debit Cards • 2.75% non‐refundable credit card processing fee is charged. All ATM/Debit Cards processed online are processed as credit card transactions

PAYMENT OPTIONS (CONT.)

• In Person Payments at Cashiers Office • * Personal Checks • * Cashier’s Check, * Money Order, or * Traveler’s Check • * Cash • Debit Cards with PIN number • Drop box located at window #10 • Other Options • International Fund Transfer (IFT) Payments through Western Union Business Solutions * Must be in U.S. Dollars

Educational Savings Plan Payments

• Also referred to as 529 Plans • Please send an email to: [email protected] title subject as “529 Plan” or call  657‐278‐2495 and ask for the Cashier Supervisor

I have a payment 

due for tuition fees, 

but I don’t have my 

financial aid yet!

Don’t forget to double check your Titan Online > Student Center > Holds for a “Financial Aid Good News Hold”! This hold protects your enrollment and delays the payment of your tuition fees until the 4th week of the semester.

WHAT IS FERPA & HOW DOES IT  

AFFECT MY FINANCIAL AID?

FERPA & FINANCIAL AID

FERPA stands for the Family Educational

Rights & Privacy Act:

–Prohibits us from sharing student information with anyone other then the student –Students may authorize access each academic year by filing a PEEK form with the Office of Financial Aid –#1 source of information for students is in‐ person (with photo ID) or on Titan Online –Limited information available via phone

SO, REAL QUICK…

IMPORTANT TAKEAWAYS

1. Reapply every year by March 2nd 2. Check campus email & Student Center regularly 3. Submit required documents before the deadline

WHERE CAN I FIND MORE FINANCIAL 

AID INFORMATION ONLINE?

OTHER RESOURCES

CSUF Office of Financial Aid – fullerton.edu/financialaid – (657) 278‐3125 CSUF Student Financial Services – sfs.fullerton.edu – (657) 278‐2495 – Tuition & Refund Questions CSUF Family Housing Obligation Calculator – fullerton.edu/housing/2014‐ 15obligationCalculator.asp Direct Loans – studentloans.gov California Student Aid Commission – csac.ca.gov – (888) 224‐7268 Dept. of Education/FAFSA – fafsa.gov – (800) 433‐3243 Dept. of Education/Student Aid – studentaid.gov California Dream Act – caldreamact.org Office of Financial Aid (657) 278‐3125 | University Hall 146 Open M‐F 8am‐5pm & Counseling Available M‐Th 9am‐4pm Student Financial Services (657) 278‐2495 | University Hall 180 Open M‐F 8am‐5pm