SNEWS % re Financial Aid
ffie fr S for Gators
Office for Student Financial Affairs s z Spring 2007
for the Best Aid
At UF, applying for financial aid is done by
filling out the Free Application for Federal
Student Aid (FAFSA). All UF aid packages are
based on FAFSA results, and the U.S.
Department of Education uses this form to
determine eligibility for federal student aid
programs, including Pell Grants, Perkins
Loans, and Direct Loans.
Apply "On-Time"-March 15
Apply by early February to meet the "on-
time" application deadline-March 15, 2007.
Applications received after March 15th are
awarded after on-time financial aid applicants
are awarded, which means you may not get
some desirable aid for which you qualify.
For your application to be considered "on-
time," the Student Financial Affairs (SFA) must
receive your paper or electronic FAFSA/ Renewal
FAFSA results, with a calculated Estimated
Family Contribution, from the federal processor
by March 15. Students whose financial aid files
become complete after the deadline will be
awarded funds still available.
NEW This Year on the FAFSA:
Question 54 allows students serving on active
duty in the U.S. Armed Forces for purposes
other than training to file as independent on
their aid FAFSA.
Questions 71-75 and 92-96 may provide a
simplified EFC calculation for students if any
household member received benefits from any
of five federal means-tested benefit programs
(such as SSI or Food Stamps) in 2006.
About 94 percent of aid applicants nationally
now apply online. We recommend filing
online with FAFSA on the Web. Filing an online
FAFSA can save you weeks of processing
time. It also has edit checks to catch errors. To
apply online, go to www.fafsa.ed.gov and
follow the instructions. For assistance, stop by
the SFA Student Resource Center in S-107
You must reappLy each year to receive financiaL
aid. Student aid is not renewed automaticaLLy!
Keep a FINANCIAL AID FILE
Include: photocopies of your IRS forms and
W-2s; photocopy or printout of your FAFSA;
your Federal Student Aid Report; photocopies of
documents you use to complete your FAFSA;
borrower copy of promissory notes; financial
aid correspondence; your Gator Aid Application
Guide and FAFSA instruction booklet.
AID HELP SESSIONS AROUND CAMPUS
Need help applying for aid? Just walk up!
Financial aid staff will answer general questions
and assist with completing the FAFSA.
Feb 6 Beaty Towers 9-11, Jennings 11-1,
Feb 13 Graham Area 9-12, Tolbert Area 1-4
Feb 20 Murphree Area 9-4
Feb 27 Mallory Area 9-11,
Broward 11-1, Rawlini- 2-4
Mar 6 Lakeside 9-11; a'
Springs 11-1; Keys 2-4
Congress Proposes Student Relief Acts
The U.S. Congress recently proposed legislation of
to benefit students. In January, the House of
Representatives passed the College Student Relief
Act of 2007, which would cut federally subsidized
student loans interest rates for undergraduate
students in half over five years. In the Senate,
Student Debt Relief Act of 2007 proposals include
an increase in Pell Grants; halving student loan
interest rates over five years; education tax breaks
such as increasing the tuition deduction from
$4,000 to $8,000 in tax year 2007, up to $12,000 in
2008; and phasing out Direct Loan origination
fees. To follow the progress of these bills, check at
www.house.gov and www.senate.gov.
JANUARY 2, 2007
2007-08 Financial Aid
MARCH 1, 2007
"On-Time" Deadline for Spring
'07 Federal Direct Loans
MARCH 15, 2007
UF "On-Time" 2007-08 Financial
Aid Application Deadline
MARCH 23, 2007
Spring Deferred Fee Payment
APRIL 1, 2007
Spring Short-Term Loan
APRIL 16, 2007
"On-Time" Deadline for Summer
'07 Federal Direct Loans
SFA WEB SITE
* Federal Direct PLUS/Grad PLUS
* After Applying: What Next
* Factors That Can Affect Aid
-Receiving Outside Scholarships
-Changes in Family Circumstances
Filing as Independent
* Summer Aid Checklist
-UF Summer Enrollment Policy
Summer Enrollment to Receive Aid
Study Abroad & Financial Aid
* Financial Aid in the News
Florida Minimum Wage Increases
* Florida Opportunity Scholar
Financial Literacy Workshops
* Don't Forget Scholarships
* Financial Aid FAQ
* Spring '07 Aid Available
* Deferred Fee Payment Deadline
* Florida Bright Futures Info
* Financial Aid Addresses &
* Satellite Aid Offices
U F UNIVERSITY of
The Foundation for The Gator Nation
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Federal Direct PLUS/
Grad PLUS Loans
better option than private loans?
The Federal Direct PLUS/Graduate
PLUS loan program offers attractive
low-interest educational loans. The
appealing terms of these loans, as well
as the convenient loan servicing, make
them a good choice for students who
need additional funding.
The Federal Direct PLUS Loan is
available to the parents of
undergraduate students to help pay for
the cost of education. The Graduate
PLUS is available to graduate and
professional students who have
reached their Federal Direct Subsidized
and Unsubsidized Loan limits.
Students will find that PLUS loans are a
better option than alternative private
loans, which can be expensive,
sometimes with hidden terms. PLUS
loans have a fixed interest rate of 7.9%.
Borrowers have the benefit of complete
online account management 24 hours a
day, seven days a week, as well as a
single contact-the U.S. Department of
Education -for everything related to
repayment of all Direct loans. For more
information on PLUS Loan benefits,
visit SFA's Web site at:
www.sfa.ufl.edu / programs/ loans.html;
or contact your aid adviser.
You are responsible for following up
on your application after you submit
your FAFSA here's what happens!
Federal Student Aid Report (SAR):
The federal processor sends you an SAR.
It indicates your expected family
contribution and is used to determine
your eligibility for financial aid. If you
apply online or provide your email
address, you'll get an online SAR as soon
as 24 hours after the FAFSA is processed.
Make any indicated corrections.
Check Your Aid Status on ISIS:
Check your application and award status
on ISIS at www.isis.ufl.edu, before and
after you receive your aid award. Under
"Financial Aid," choose "Financial Aid
Status" for the correct year.
"Verification" is the federal process of
checking accuracy of information students
provide on FAFSAs. If your application is
selected, you will get an email from us
alerting you to check your "Financial Aid
Status" on ISIS. Send all requested
Notification of Financial Aid Award:
When UF receives your FAFSA
information from the federal processor
and you are admitted to UF, if you are
eligible for aid, SFA will award you an
aid package. You will get a paper
award notice or an email to your
GatorLink address. Read it carefully.
Follow all instructions, including
instructions on ISIS.
Federal Direct Loan Promissory
Notes and Loan Acceptance:
If you are awarded a student loan, to
receive funds you must:
1. accept your loan(s) on ISIS
2. complete a Master Promissory Note at
www.dlenote.ed.gov or on ISIS; and
3. if you are a first-time borrower,
complete Direct Loan Entrance
Counseling on ISIS under "Financial
Services." You may also reduce or cancel
Stafford loan amounts on ISIS.
Federal Direct PLUS/Graduate
To apply, get an application from SFA's
Web site under Forms at:
Factors That Can
Affect Your Aid
Scholarships or Fellowships
Notify us immediately of all assistance you
receive from sources other than SFA (such
as fellowships, fee waivers, and outside
scholarships). Some programs require
repayment of aid if you receive more than
the amount of your documented financial
aid eligibility. If you notify us late of this
resource, you may end up having to repay
some aid. Report all outside resources on
the Additional Aid Reporting page on ISIS
at www.isis.ufl.edu. You can also report
additional aid on ISIS through the Awards
& Disbursements page.
Changes in Your Family or
After filing your FAFSA, if any of the
following circumstances apply to you or
your family, check with your financial aid
adviser to see if this might affect your
application. Late spring is the primary
time period to petition your aid award.
1. Divorce of parents, or you/your spouse.
2. Death of a major wage earner.
3. Lost employment of a major wage
4. Loss of other income or benefits (such as
Social Security or child support), by
you, your parents, or your spouse.
Filing as "Independent"
You can file as "independent" for financial
aid purposes if you are able to check
"YES" to any item in Step Three on the
2007-08 FAFSA. If classified independent,
your need is evaluated on your own and
(if applicable) your spouse's income and
assets. If you are classified dependent,
your parents' assets and income are
considered as well as your own when
your financial need is determined.
Under extenuating circumstances, you may
petition to become "independent." To be
classified independent because of marriage,
you must be married at the time you
complete the FAFSA. Graduate students
must be enrolled in an accredited graduate
program working towards a graduate-level
degree. Post-baccalaureate classes do not
entitle one to graduate status.
Financial/ Aid NEWS
After Applying: What Next? www.isis.ufl.edu
Summer Aid CHECKLIST
Contact a financial aid adviser in S-107 Criser Hall by March 1
if you wish to receive summer aid. To be considered for a
summer 2007 Stafford or PLUS Loan, be sure to apply by
April 16, 2007.
If you need summer funds:
1. Check with your aid adviser to see if you qualify for loans.
2. Line up a part-time summer job; or work in the spring to
save for the summer.
3. Apply now for a private scholarship. Check our
scholarship bulletin board at:
http: / /www.sfa.ufl.edu/ programs /otheraid.html
UF Summer Enrollment Policy
An academic year at UF consists of three semesters: fall,
spring, and summer. Freshmen and sophomores entering the
State University System must complete at least nine credit
hours during a summer session to graduate, with the
exception of students who earn nine credit hours via the Bright
Futures acceleration mechanism. Summer money may be
offered to qualified students if:
1. funds are available for summer awards after fall and spring
term awards are met; or
2. you choose to use aid originally awarded for the fall or
spring term during the summer.
Summer Enrollment to Receive Aid
The sessions) for which you enroll-Summer A, B, and/or
C-and the number of hours you enroll determine WHEN
you receive your aid, Summer A or B. To receive funds in
Summer A (exception: Pell Grant), undergraduates must
enroll for at least six credit hours in Summer A and/or C, and
graduate students for at least four credit hours in Summer A
and/or C. For Federal Work-Study (FWS), you must enroll for
at least six credit hours Summer A and/or C to be eligible to
work Summer A, or be enrolled for at least three credit hours
in Summer A and preregistered for at least three credit hours
in Summer B. Disbursement of aid except Pell Grant and FWS
is delayed until Summer B, regardless of preregistration for
Summer B. For complete information, go to:
http:/ /www.sfa.ufl.edu / receiving / summer id.h t ml AL
Summer Study Abroad
& Financial Aid
The UF International Center's Study Abroad
Services (SAS) in 123 Grinter Hall offers many -
overseas study programs. Students awarded
financial aid (including scholarships) may t
continue to receive it while studying overseas,
as long as they meet enrollment requirements
during the semester(s) they are abroad. SFA
coordinates with SAS to help students receive their financial aid.
Federal Direct Stafford Loans and PLUS Loans are the primary
funds available for study abroad. The application deadline for
summer programs is March 1. For more information, go to:
http: / /www.sfa.ufl.edu/programs/studyingabroad.html
Financial Aid in the News
Florida's Minimum Wage Increases
(Tampa Bay Business Journal, 12/29/06)
"Florida's minimum wage is $6.67 an hour, effective Jan. 1,
2007, a 27-cent increase from the $6.40 an hour minimum
wage in 2006.
A constitutional amendment approved by voters in
November 2004 created a $6.15 an hour minimum wage in
the state and required the Agency for Workforce Innovation
to perform an annual calculation to establish a new minimum
wage each year. The constitution also requires the adjusted
minimum wage to be published." For more information, go to:
http: / /www.bizjournals.com /tampabay /stories /2006 /12 /25
Florida Opportunity Scholar
Financial Literacy Workshops
Florida Opportunity Scholarships, first awarded in fall 2006,
are designed to ensure that recipients will not have to work or
borrow to attend UF, but rather will have their need fully met
with grants and scholarships. Awards go to Florida residents
in college for the first time admitted to an undergraduate
program beginning summer 2006 or later.
Last fall, as a service to the scholars, Student Financial
Affairs began a series of "Financial Literacy Workshops." Fall
topics were budgeting and debt management. Spring topics
will familiarize the scholars with financial aid policies that can
affect their scholarships and answer questions about the
FAFSA, State of Florida Programs, and academic progress
requirements associated with financial aid. The workshop
series will eventually be offered to all UF aid recipients.
Watch the SFA Web site at www.sfa.ufl.edu for spring
Don't forget scholarships
Apply for scholarships. The following tips provide basic
guidelines for your search. Be sure to use SFA's Scholarship
Finder at www.sfa.ufl.edu / 101/scholarshipfinder.htm.
Use free online scholarship searches.
If you meet basic requirements, APPLY! Don't apply for
scholarships with qualifications you don't match.
Apply as far in advance as possible.
Apply to as many sources as possible. Always apply for
need-based aid first. Don't talk yourself out of applying!
Be complete and concise, but also creative, in your
Avoid spelling and grammatical errors; ALWAYS have
someone else read and proofread your application.
Get a large calendar and plot application deadlines; look at it
Set up a scholarship file with copies of your letters,
transcripts, and personal statements.
NEVER get discouraged or take rejection personally.
Office for Student Financial Affairs
S-107 Criser Hall, P. O. Box 114025
Gainesville, FL 32611-4025
NEWS Financial Aid for Gators is produced
once a semester by the Information/Publication
Services section of the Office for Student
Financial Affairs, to inform students about
financial aid programs and services that help
UF students meet educational costs.
Director: Karen Fooks
Editor: Susan Mickelberry
NEWS Financial Aid for Gators is available in
other formats for students with documented,
print-related disabilities. Contact Student
Financial Affairs' telephone line for students
with disabilities: (352) 392-1272 (V/TED);
Florida Relay Service: Dial 711; or 1 (800)
392-3008 (TED). Online at:
The University of Florida is committed to equal
treatment of students without regard to race,
creed, color, religion, age, disability, sex,
sexual orientation, marital status, national
origin, political opinions or affiliations, or
Florida Bright Futures
For current information about
application, renewal requirements,
reinstatements, appeals, summer awards,
and other topics, go to the
Web site at:
Send questions by e-mail to:
Send mail to:
Florida Department of Education
Turlington Building, Suite 1514
325 West Gaines Street
Tallahassee, FL 32399
College of Dentistry
Dental Tower, D3-#17A
Health Sciences Center
College of Law
164 Holland Hall
Financial Aid FAQ
Q. Can you afford more loans?
A. Some day you will graduate and need
to repay what you are borrowing now.
Recent data indicates that students are
graduating with record loan debts. One
way to keep track of your loan debt is
to monitor your total debt when you
accept your loan on ISIS. You might also
consult Consumer Credit Counseling
Service of Mid-Florida, a United Way
agency that offers free budget and
Deadline: March 23
If you were awarded spring financial aid
and qualified for a fee deferment,
University Financial Services in S-108
Criser Hall automatically deferred your
fees until the Deferred Fee Payment
Deadline: March 23, at 3:30 p.m. For more
information contact University Financial
Services in S108 Criser.
Spring 2007 Aid
If you need financial aid for Spring or
Summer 2007 term, apply immediately!
Financial aid applications and 2006-07
Gator Aid Application Guides are still
available at SFA in S-107 Criser Hall. We
encourage students to apply online using
FAFSA on the Web available with complete
instructions at: www.fafsa.ed.gov.
credit counseling on how to prevent
future problems. For information, call 1-
800-245-1865 or (352) 371-2227; or go to:
Q. I have a scholarship check made
out jointly to me and to UF What
do I need to do?
A. Contact Student Financial Affairs (SFA).
You will need to endorse the check and
bring it to SFA in S-107 Criser Hall.
Your Aid Status on ISIS:
U.S. Department of Education
Student Aid Information Center
P. O. Box 84
Washington DC 20044-0084
(800) 433-3243 / (800) 730-8913 (TTY)
http: / /www.ed.gov / finaid / landing.jhtml
Federal Direct Loan Servicing
1 (800) 848-0979; 1 (800) 848-0983 (TTY)
https:/ / www.dlssonline.com /borrower /B
Federal Direct Loan Consolidation
1 (800) 557-7392; 1 (800) 557-7395 (TTY)
"Don't Get Scammed on Your
Way to College, and more"
http: / /studentaid.ed.gov/PORTALSWeb
App / students /english /publications.jsp
Office: Student Financial Affairs S-107 Criser Hall P. O. Box 114025 Gainesville, FL 32611-4025 (352) 392-1275
College of Medicine Public Health and Health Masters in Business
Eileen Parris Professions; Nursing; Pharmacy; Administration (MBA)
M-128 Health Sciences & Veterinary Medicine Erica Beard
Center HPNP Bldg P-102-I Peabody Hall
(352) 392-7800 G208 Student Services Ctr. (353) 392-1275 (ext.3386)
Finance/ Aid NEWS