Financial Aid 101金融援助的101.ppt

What factors can impact a students’ award? Note that these are just some factors that are considered in awarding and that some factors (like ‘Financial Need’) have factors within them (COA and EFC) that can make an impact on a student’s award New First Year Student - Financial Aid Presentation Student Financial Aid Student Financial Aid Financial Aid 101 Summer Orientation 2013 An Overview of the Financial Aid Process for New Students Josh Luke, Assistant Director of Financial Aid The Financial Aid Process So Far… Viewing Your Student Financial Aid Information Access Your “Student Center” Using your OSU Internet Username and Password, log in to the Student Center at: To view Financial Aid info and awards, under “Finances”, click on “View Financial Aid”. Select the award year “2014” Account Summary Example Financial Aid Tabs To Do List Documentation Needed Entrance Counseling Master Promissory Note Exit Counseling Independent Status Review SFA Status FAFSA Received? EFC, Cost of Attendance and Financial Need based on FAFSA results OSU Scholarship Apps Received? PLUS Loan Decisions SAP Status Award Summary Financial Aid Awards PLUS/Private Loan eligibility Accept/Decline Loans and Work Study Grants and Scholarship already accepted Print Award Notice Award Summary Example Accepting/Declining Awards Exmaple Accepting Loans Accepting loans is a 3-step process! 1. Officially Accept the Loan or Loans. Accept on the “Award Summary” tab 2. Complete Master Promissory Note. Located on the “To Do List” tab 3. Complete Loan Entrance Counseling. Located on the “To Do List” tab Financial Aid Essentials Verification – What is it? * If a student is selected for verification (located on the To Do List), their information as well as their parents’ information (when applicable) will be requested. Verification – What is it? OSU is required by law to randomly select students for FAFSA verification. If selected, the Financial Aid office will reque