Title: Financial aid news
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Permanent Link: http://ufdc.ufl.edu/UF00087108/00006
 Material Information
Title: Financial aid news
Series Title: Financial aid news
Physical Description: Serial
Language: English
Creator: Office for Student Financial Affairs, University of Florida
Publisher: University of Florida Office for Student Financial Affairs
Place of Publication: Gainesville, Fla.
Publication Date: Summer 2000
 Record Information
Bibliographic ID: UF00087108
Volume ID: VID00006
Source Institution: University of Florida
Rights Management: All rights reserved by the source institution and holding location.

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Financial Aid News


Financial August 2000
Aid


jUNVLKrTY OfNEWS
v FLORIDA. Office for Student Financial Affairs


Aid
Calendar
August 14 -
September 5,
2000
Registration
Period Office
Hours: 8:15 a.m.-
5:00 p.m.
Phones: 8:00
a.m.-4:45 p.m.

August 23, 2000
Fall Classes
Begin
SEPTEMBER 1,
2000
Fall Fee Payment
Deadline
October 15, 2000
Last day to be
considered for fall
2000 Federal
Direct Loans
November 17,
2000
Fall Deferred Fee
Payment Deadline

DECEMBER 1,
2000
Fall Short-Term
Loan Repayment
Deadline


SFA Student Resource Center


Student Financial Affairs maintains a financial aid resource center in S-107 Criser Hall for
students and potential UF students to enable students to research and apply for financial
aid, including scholarships and part-time jobs. Students can access (to name just a few
resources): the U. S. Department of Education's "FAFSA on the Web" site; e-mail; and ISIS
(UF's integrated student information system). The Resource Center is staffed by Federal
Work-Study students available to help with use of the screens. The room is open from
approximately 8:30 a.m. to 4:30 p.m. weekdays (except on state holidays). You can also
access the Resource Center here.


2000-2001 Direct Loan Interest Rates & Fees




Interest rates for new loans disbursed on or after July 1, 2000:

Stafford Loans 7.59%
PLUS Loans 8.99%
An additional bonus this year

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8/3/01 11:40 AM






Financial Aid News


www.students.gov
The U. S. government has created a valuable student web portal to the
U.S. government. Atwww.students.qov you can: register to vote, apply
for federal student aid, buy savings bonds, e-file taxes, get a passport
or a driver's license, register for the Selective Service, or contact your
congressmen. Students.gov also provides you an Access America
Student Account, an automated system that provides a simple, accurate
way for students to access up-to-date information about their federal
financial aid via the internet or phone.


check aid status on ISIS
Financial aid info- the status of your financial
aid file, documents still needed, your aid award,
deferment status, and disbursement status-is
available on the internet through ISIS-UF's
online Integrated Student Information System.
Use ISIS regularly to keep track of your financial
aid file status. ISIS: www.isis.ufl.edu

Select More ISIS Services,
Select Financial Information
Select Financial Aid 2000-01


Page 2 of 6


NEW REQUIRED FEDERAL DIRECT LOAN CONFIRMATION PROCESS

If you are awarded a Federal Direct Stafford Loan as part of your financial aid award package, beginning this year you
must confirm that you will accept your loan before it can be disbursed. This keeps us from disbursing, and you from
subsequently having to return, money you do not want.

We urge you to complete this requirement as soon as possible to ensure that your funds are disbursed at the
beginning of the fall term. No loan funds will be paid to you until you go to the confirmation site and accept your loan.

The new requirement, instituted to encourage to encourage students to become actively involved in the loan process
and to make informed decisions about the amount they borrow, is now in effect for both subsidized and unsubsidized
Federal Stafford Loans, as a reminder to students that borrowing is a serious financial obligation.

To make the new requirement easy to complete, UF has added the confirmation site to ISIS. At this site, you will accept,
reject, or reduce the amount of the loan offered to you.

Since last year year, students have needed to sign only one promissory note-the Master Promissory Note-for all their
Stafford Loans, including subsidized and unsubsidized loans, for multiple academic years. "Signing Stafford Loan
promissory notes annually used to be the trigger for students to review their loan indebtedness and confirm that they
actually wanted to borrow the amount of money offered", said Karen Fooks, Director for Student Financial Affairs.
"Without a new note each year, it would be easy for students to lose track of how much they are borrowing and, at
graduation, end up very surprised at the amount of their loan indebtedness. We want students to be in control of the
amount they borrow."

To complete the confirmation process, go to the Federal Direct Stafford Loan Confirmation Site on ISIS.


8/3/01 11:40 AM






Financial Aid News


What Do You Know About: Fee Payment, Deferments, & Financial Aid?


Fee Payment & Deferments
Fact 1-Students do not receive a bill from UF before the fee
payment deadline detailing how much they owe for classes. After
registering, students must calculate and pay fees using the
"Tuition and Fee" brochure mailed to them before the term begins
by University Financial Services (UFS). Students can also check
their tuition fee debt and other university debts: using TeleGator
(at 37GATOR); or using ISIS on the web by selecting "More ISIS
Services," then "Financial Information."
Fact 3-You will NOT receive a notice that your fees are deferred.
To check your deferment status, use:

1. ISIS on the web-deferments become visible on ISIS just
before each term begins;
2. SFA TIPS 3. TeleGator Fact 5-When you calculate your fees, if your financial aid won't be
enough to cover your fees, you must pay the difference before the
fee payment deadline.


Fact 2-If you have a financial aid award (scholarships,
grants, loans) and do not owe tuition/fees from a
previous term, your fees will be automatically
deferred



Fact 4-If you do not have a fee deferment but think you
should, come to Student Financial Affairs, S-107 Criser
Hall. Otherwise, you must pay your fees by the fee
payment deadline to avoid being charged a $100 late
payment fee.


Fact 6-After the fee payment deadline, you will receive a
Statement of Account from UFS summarizing the status
of your UF account. The statement will reflect ONLY
debts still owed the university; it will not reflect either
your deferment or any other financial aid credits. If you
have a fee deferment, receiving your statement does
not mean you have to pay these fees right away! See
Fact No. 2. You have until the deferred fee deadline to


Financial Aid Disbursement
Students generally receive financial aid beginning in the first week of classes, by direct deposit or by mail at their
local address from UFS. Some programs (such as Pell Grant and Florida Bright Futures) require that disbursement
be delayed until after the end of drop/add period.
All unpaid UF debts (except prior-term fees) are deducted from financial aid before it is disbursed. Prior-term fees
must be paid before aid can be disbursed.
UFS disburses aid only after verifying your enrollment status and making sure you have no academic or financial
hold (for prior-term fees).

Sign up for DIRECT DEPOSIT of aid on the Web:
1. Go to:www.isis.ufl.edu
2. Under "Financial Information," choose EFT Sign-up





online forms may help if you are selected for verification


If you are chosen for verificationthe federal process of confirming
data supplied by students on aid applications When you receive a request from us for documentation, gather the
materials requested (mail away for them if necessary) and send
them to us.


Forms you may need during verification are
available on our web site. Generally, we mail you
the forms, but you may be asked to complete one
and find it faster to download than wait for mail.
For photocopies of your IRS forms: call 1-800-829-
1040; or go to 104 N. Main Street, Suite 301,
Gainesville.


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8/3/01 11:40 AM






Financial Aid News


Payment Options


You have several ways to pay your UF tuition fees
and other debts. No matter what method of payment
you use, all payments are applied on the basis of
age of the debt. The oldest debt is always paid first.

1. In person at UFS at S-108 Criser Hall: by cash,
personal check, cashier's check, money order,
or debit/ATM card.
2. At blue student kiosks around campus: by
debit/ATM card or credit card.*
3. Using TeleGator: by credit card.* To use
TeleGator, dial 37GATOR.
4. Using ISIS on the Web: by credit card*:


Need Help Managing Debt? try consumer credit counseling
service
Maybe you've just acquired your first credit card and are itching to
use it. Maybe your credit card or other debt has become
overwhelming to the point that you've resorted to working more
and studying less to pay the bills.
Consumer Credit Counseling Service of Mid-Florida, a nonprofit,
United Way agency offers free budget and credit counseling that
can help students understand how to get out of debt and prevent
future financial problems.
Counseling is available 24 hours per day by phone or in the office
by appointment. As well as counseling, the agency offers a debt
repayment plan, working with clients' creditors.
The agency has nine locations in the mid-Florida area. The
Gainesville office is located at 1227 NW 16th Avenue. For more
information, or counseling, call 1-800-245-1865 or (352) 371-
2227; or visit the website at: www.cccsmidflorida.com


Florida Bright Futures:M
ACCESS Your Bright Futures Award Eligibility Online
Every high school student or renewal student receives a Florida Bright Futures award letter or ineligibility letter from the
Stateof Florida. To view your eligibility status, you can access your record on the Web using the SYSTEM ID and PIN
number provided in the letter sent to you by the state. Access the FBFS site at: nwrdc.fsu.edu/fnbdmenu
Using your SYSTEM ID and PIN you can also update demographic information such as: name, address, date of birth,
gender, Social Security Number, phone number, and e-mail address. You can also change your post-secondary institution
(please note that UF's institutional code is 011.
You can also view eligible hours remaining on for both the academic year and entire scholarship, correspondence history,
and current-year disbursement info (hours and dollars disbursed).
If you misplace your SYSTEM ID and PIN number, contact the state toll-free number (1-888-827-2004 to request
replacement numbers, which will be mailed to you).
State of Florida Programs Academic Progress Appeals
Florida law provides an appeal process for students who do not meet academic progress requirements for renewal of
state financial aid. The law allows exceptions to be made when students fall below the minimum grade pont average and/
or credit hours earned for a state award. Appeals may be filed under the following two circumstances: illness or
emergency. Appeal forms are available from SFA and on the SFA website. Appeals must be received or postmarked within
30 days of the date you receive a Notice of Ineligibility from the State of Florida.
Access/update your FBFS information on the Florida Department of Education (FDE) web site at: nwrdc.fsu.edu/fnbdmenu
Send questions by e-mail to: osfabf(@mail.doe.state.fl.us.
Write to: FDE, 325 West Gaines St., Room 255 Collins, Tallahassee, FL 32399-0400 (1-888-827-2004).






Toll-Free Federal Student Aid Info
The Federal Student Aid Information Center toll-free number is 1-800-4 FED AID (1-800-433-3243) for all services,
including application status checks, duplicate Student Aid Report (SAR) requests, changes to institutions listed on the
SAR, and loan tracking. Application status checks and duplicate SAR requests can also be made, through an automated
phone feature (select option 1).



Academic Progress for Aid Recipients
Federal regulations require UF to review the academic progress of all students who receive federal student aid. Student
Financial Affairs (SFA) notifies students who do not meet the required standards of academic progress after grades are


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8/3/01 11:40 AM








posted each semester, including students on warning and probation. Students may submit an appeal form, available from
S-107 Criser. Postbaccalaureates must petition to receive financial aid.
Students receiving financial aid should become familiar with UF's Financial Aid Academic Progress Policy, available on
this website, in the Undergraduate Catalog, the Gator Aid Handbook, and as a handout available from customer service in
S-107 Criser.



GRE Fee Waivers
The Educational Testing Service of Princeton, NJ, and UF offer qualified students a waiver of fees for taking the Graduate
Record Examination (GRE) each year. Fee waivers are available to financial aid applicants who meet fee waiver eligibility
requirements, and they can be used for both the General and Subject GRE tests. GRE waivers are available to seniors
only. Waivers for testing dates after October 2000 will be available at SFA in late August 2000. Waivers are given on a first-
come, first-serve basis, and the supply is limited.


Off-Campus Federal Community Service Jobs
Did you know that, in addition to hundreds of on-campus jobs, the Federal Work-Study (FWS) program also offers students
the opportunity to use their FWS award to work off-campus? Off-campus FWS employers must be nonprofit or government
agencies that perform work in the public interest. If this type of work appeals to you, check the online job board and look
under Federal Community Service. New organizations are added each semester, so check back. If you have an FWS
award, one of these jobs might be for you!

Q&A

What is a "transient student?"
Transient students are UF students who elect to attend another school in the State University System for one term.
Financial aid awarded at UF is processed here and sent to the other school. To receive aid as a transient student, you
must (1) be enrolled at least half-time at an SUS school and (2) provide a competed signed copy of a Transient Form to
Student Financial Affairs by the following deadlines: fall term, August 1; spring term, December 1; summer term, April 1.
See your financial aid adviser for more information!

Can I get financial aid for correspondence courses?
Yes, if the following conditions are met:

the class must apply toward your degree or be remedial work taken to help you in your course of study.
the class must be enrolled for and completed in the semester in which the hours are used to increase your
enrollment status for financial aid purposes.
the total hours cannot be more than the number of hours you are enrolled for through regular registration.


See your financial aid adviser for more information.



You Can Still Apply!
Financial aid is still available-take advantage of faster application time and instant editing of your 06*8"*
application: use FAFSA on the Web available from the Federal Department of Education.
You will need an Electronic Access Code (EAC). If you have one from last year, use it. To request one,
go to FAFSA on the Web. You will receive your EAC in seven to ten days by mail. j
FAFSA on the Web (Macintosh-, PC-, and UNIX-compatible) is available using the domestic version of AB
Netscape Navigator 3.0-4.05, and Internet Explorer 4.0 and 4.01 with Service Pack 1. Download these "'""'''*"
free from the site. To use FAFSA on the Web, go to: www.fafsa.ed.gov/


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Financial Aid News


8/3/01 11:40 AM







Financial Aid News


Financial Aid Phone Numbers


Federal Student Aid Info
Questions on federal student aid; help filling out FAFSAs or correcting
applications;
questions on your application status (select option 1);
requests for duplicate SARs (select option 1):


1 (800) 433-3243
1 (800) 730-8913 (TDD)

Florida Dept. of Education
Bureau of Student Financial Assistance
325 W. Gaines Street, Room 255 Collins
Tallahassee, FL 32399-0400
1 (888) 827-2004 toll free


Federal Direct Loan Applicant
Services
1 (800) 557-7394


Office for Student Financial Affairs
S-107 Criser Hall, P. O. Box 114025
Gainesville, FL 32611-4025
(352) 392-1275


Main Office:Student Financial Affairs, S-107 Criser Hall, P. O. Box 114025, Gainesville, FL 32611-4025, (352) 392-
1275
Satellite Aid Offices


College of
Dentistry
Tom Kolb
Dental Tower D3-
#17A
Health Sciences Ctr.
(352) 846-1384



Back to index


College of Law
Trish Varnes
164 Holland Hall
(352) 392-0421


College of
Medicine
Eileen Parris
M-128 Health
Sciences Ctr.
(352) 392-7800


Health
Professions,
Nursing,
Pharmacy, &
Veterinary
Medicine
Mike Menefee
CG-96, Health
Sciences Ctr.
(352) 392-6631


Master's in
Business
Administration
(MBA)
Bill Watson
P-102-1 Peabody
Hall
(353) 392-1275
(ext. 3386)


Financial Aid NEWS is produced by the Information/ Publication Services section of the Office for Student Financial Affairs, S-107 Criser Hall,
which provides financial aid services to help UF students meet educational costs. Editor: Susan Mickelberry
Web conversion: Michael Daube

The University of Florida is committed to equal treatment of students without regard to race, sex, color, age, religion, creed, marital status,
national origin, disability, or veteran status.

Financial Aid NEWS is available in alternative formats for students with documented, print-related disabilities. For information, contact Student
Financial Affairs' telephone line for students with disabilities: (352) 392-1272 (V/TDD); Florida Relay Service: 1 (800) 392-3008 (TDD).

This page last revised on August 28, 2000 at 3:40 pm by Michael Daube.


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