Title: Financial aid news
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Permanent Link: http://ufdc.ufl.edu/UF00087108/00027
 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: Office for Student Financial Affairs
Place of Publication: Gainesville, Fla.
Publication Date: Spring 2009
 Record Information
Bibliographic ID: UF00087108
Volume ID: VID00027
Source Institution: University of Florida
Holding Location: University of Florida
Rights Management: All rights reserved by the source institution and holding location.

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SNEVW SS Wl Financial Aid

Sfor Gators
Office for Student Financial Affairs Spring 2009


UF Financial Aid


Make Your $$$ Last

budgeting is the key
It only takes a glance at the headlines to see
that these are challenging economic times.
Students today face a tightening credit
market, ever-increasing education costs, and a
rising cost of living. With these challenges, it's
all the more important that students budget
their money wisely. SFA's Financial Literacy
Workshops offer practical advice for students.
Watch for our e-mail announcements with
dates/times.
Some more tips from SFA:
Develop a budget. Calculate your estimated
monthly income, taking into account: savings,
earnings from a job, financial aid, etc. Then
calculate your estimated monthly expenses,
including: rent, meals, Internet access, cell
phone, utilities, clothes, books, etc. If your
total expenses exceed your total income,
you've got some budget cuts to make.
Buy used. Gainesville has a plethora of stores
that specialize in used stuff-used bikes, used
books, and used clothing are all cheap and in
good supply. Buying used isn't just
inexpensive, it's environmentally responsible.
Watch your debt load. Students are having to
rely more and more on student loans to help
pay for college. Consider carefully whether or
not to borrow the full amount for which you
are eligible. Consider your debt load
carefully-for most students, your student
loan is probably the beginning of your credit
history. Don't borrow more than you can
comfortably repay.
Be careful. Students need to be especially
vigilant in their electronic dealings. Why?
7, of undergraduates have at least one
credit card and carry an average balance of
$2,478; .I1 of identity-theft victims fall into
the 18-29 age group. SFA will be presenting
present several workshops in the spring for
students highlighting safe credit practices and
how best to avoid identity theft. Watch our
Web site for details.


It All Starts with the

FAFSA
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

for the Best Aid
Apply by early February to meet the "on-time"
application deadline-March 15, 2009. Financial
aid is awarded first-come, first-served. Late
applicants are considered for aid that remains after
"on-time" applicants have been awarded. Don't
settle for leftovers.
For your application to be considered "on-time,"
Student Financial Affairs (SFA) must receive your
paper or electronic 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 at that time.


Apply Online

Upwards of 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 http:/ /www.fafsa.ed.gov and
follow the instructions. For assistance, stop by the
SFA Student Resource Center in S-107 Criser Hall.


UF Fdera Schol Cde: 0153


CALENDAR
JANUARY 5, 2009
2009-10 Financial Aid
Applications Available
MARCH 15, 2009
UF "On-Time" 2009-10 Financial
Aid Application Deadline
MARCH 20, 2009
Spring Deferred Fee Payment
Deadline
APRIL 1, 2009
Spring Short-Term Loan
Repayment Deadline


SFA WEB SITE
http://www.sfa.ufl.edu


INSIDE:
* Financial Aid in the News
* After Applying: What Next
-Your SAR
-Follow up on ISIS
-Your award
* 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

* Stay Connected @ UF
-UFID
-my.UFL
-SFA e-mail
* Spring '09 Aid Available
* Deferred Fee Payment Deadline
* Florida Bright Futures Info
* Financial Aid Addresses &
Phone Numbers
* Satellite Aid Offices


Te F UNIVERSITY of
UF FLORIDA
The Foundation for The Gator Nation


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Financial Aid in the News


Coming in 2009:

New GI Bill
Post 9/1 1 GI Bill greatly expands benefits

Beginning August 1, 2009, U.S. veterans
have a powerful new source of financial
aid-the Webb Bill. Also known as the
Post 9/11 GI Bill, it offers
unprecedented aid to individuals who
served on active duty on or after
September 11, 2001. Benefits are also
extended to certain individuals who
were discharged with a service-
connected disability. Here are some
specifics:
- The new GI Bill now extends benefits
to those in the National Guard and
Reserve.


- Benefits are prorated, based on length
of service. Between 40 and 100
percent of college costs are covered.
- Qualified individuals will receive
between 40 and 100 percent of costs
in the following three categories:
1. Tuition: based on public, in-state
institution
2. Housing: a monthly housing
allowance
3. Expenses: a yearly stipend of up to
$1000 per year to cover books
and supplies
- Benefits cover four academic years
and expire 15 years from the date of
discharge.
- There are no enrollment fees as with
the Montgomery GI Bill.

For more information, go to the U.S.
Department of Veteran Affairs Web site,
http:/ /www.gibill.va.gov.


You are responsible for following up on
your application after you submit your
FAFSA. Here's how:
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 http:/ /www.isis.ufl.edu, before
and after you receive your aid award.
Under "Financial Aid," choose "Financial
Aid Status" for the correct year.
Verification:
"Verification"is the federal process of
checking the accuracy of information
students provide on FAFSAs. If your
application is selected, you will get an
e-mail from us prompting you to check
your "Financial Aid Status" on ISIS. Send
all requested documents promptly.

Notification of Financial Aid Award:
When UF receives your FAFSA

Financial/ Aid NEWS
Spring 2009


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
either http:/ /www.dlenote.ed.gov or on
ISIS;
3. complete Direct Loan Entrance
Counseling on ISIS under "Financial
Services," if you are a first-time borrower.
You may also reduce or cancel Stafford
loan amounts on ISIS.


Factors That Can

Affect Your Aid


Receiving Outside
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 http:/ /www.isis.ufl.edu. You can also
report additional aid on ISIS through the
Awards & Disbursements page.

Changes in Your Family or
Financial Circumstances
After filing your FAFSA, your financial
situation might change. If any of the
following circumstances apply to you or
your family, check with your financial aid
adviser to see how they might affect your
application:
1. Divorce of parents, or you/your spouse.
2. Death of a major wage earner.
3. Lost employment of a major wage earner.
4. Loss of other income or benefits (such as
Social Security or child support), by you,
your parents, or your spouse.
Late spring is the primary time period to
petition your aid award.

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 2009-10
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.


Use ISIS:
After Applying: What Next? www.isis.ufl.edu






Summer Aid CHECKLIST

Contact a financial aid adviser in S-107 Criser Hall if you wish
to receive summer aid.
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 /summeraid.html. A s,


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
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. For more information, go to:
http: / /www.sfa.ufl.edu/programs/studyingabroad.html.


STAY CONNECTED


@ UF


Your UFID & Gatorlink

Your UFID (University of Florida ID Number), assigned to
you by the university, is your primary identifier for all
your UF records and transactions. It is printed on your
Gator 1 ID card. You can also find out your UFID online at
http: //www.it.ufl.edu/ufid.
Use your UFID to conduct UF business. For instance, you
will use it in conjunction with your GatorLink ID and
password to access my.UFL and ISIS. To get a GatorLink
account, go to http:/ /www.gatorlink.ufl.edu.

Your UFID vs. Your Social Security Number (SSN)
Please note that when you apply for financial aid you will
also be asked for your SSN. Your SSN does not function as
an ID at UF; however, it is required by the federal
government to process your financial aid application.


my.UFL: the UF Web Portal
Students can conduct most UF business through
http: / /my.UFL.edu, including ISIS access, updating your
mailing address, applying for on-campus student jobs, and
accessing Gator Tickets for athletic events. Fees, fines, and
other UF bills can be paid directly using my.UFL. You can
also read daily UF announcements under Student News.

To access my.UFL, sign in using your GatorLink username
and password.

To update Your Mailing Address to Receive UF Business
Correspondence:
Sign in with your GatorLink ID and password, choose
"My Account," then "Update My Directory Profile."


e-mail from SFA


Check your GatorLink e-mail daily for important financial
aid correspondence. SFA uses e-mail as the primary way to
communicate with financial aid applicants and recipients.

SFA also generates e-mails directly from students' financial
aid files to inform them of requirements they still must
complete to receive aid, including loans. Financial aid
e-mails often provide a link directly to ISIS.
GatorLink Accounts
SFA sends business e-mails directly to your GatorLink
e-mail address. Make sure your GatorLink address is up to
date and correctly configured to receive UF business
correspondence. To check your GatorLink configurations,
go to http:/ /www.gatorlink.ufl.edu.

Finance/ Aid NEWS
Spring 2009






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

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: Harry Monkhorst
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). SFA's Website is at
http://www.sfa.ufl.edu.
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
veteran status.




Florida Bright Futures
For current information about
application, renewal requirements,
reinstatements, appeals, summer awards,
and other topics, go to the
Florida Department
of Education
Web site at http://www.fldoe.orgq
Send questions by e-mail to:
OSFA@fldoe.org
Send mail to:
Florida Department of Education
Turlington Building, Suite 1514
325 West Gaines Street
Tallahassee, FL 32399

Toll-Free Hotline:1 -888-827-2004
General Info:1-800-366-3475


APPLY NOW "^'ON-TIME" DEADLINE:


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SFA Forms on the Web
SFA forms such as Budget Petitions, Academic
Progress Petitions, and verification forms are
available on our Web site,
http:/ /www.sfa.ufl.edu/pub/publications.html.
These forms are in .pdf format and require
Adobe Reader 5.0 or higher. Check with your
aid adviser before printing verification forms.

Spring 2009 Aid
Still Available
If you need financial aid for Spring or
Summer 2009 term, apply immediately.
Financial aid applications and copies of the
2008-09 Gator Aid Application Guide are still
available at SFA in S-107 Criser Hall. We
encourage students to apply online using
FAFSA on the Web at
http: //www.fafsa.ed.gov.
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FREE
Scholarship Searches
Use the following free scholarship
searches to find scholarships tailored
specifically to you. Please note that
SFA cannot guarantee results from
these sources.
fastWEB: http: //www.fastweb.com

College Board Scholarship Search:
http: //www.collegeboard.com /pay

College Toolkit:
htt: //CollegeToolkit.com

BrokeScholar:
http: / /www.brokescholar.com


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 /
Federal Direct Loan Servicing Online
1 (800) 848-0979; 1 (800) 848-0983 (TTY)
https:/ /www.dlssonline.com/borrower/B
orrowerWelcomePage.jsp
Federal Direct Loan Consolidation
1 (800) 557-7392; 1 (800) 557-7395 (TTY)
http:/ /loanconsolidation.ed.gov
"Don't Get Scammed on Your
Way to College," and more
http: / /studentaid.ed.gov /PORTALSWeb
App / students / english / publications.jsp


Satellite Aid
College of Dentistry
Tom Kolb
Dental Tower, D3-#19E
Health Sciences Center
(352) 273-5999


Offices Mai,
College of Law
Carol Huber
164 Holland Hall
(352) 273-0620


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 Connie Reed
Mike Menefee
Center HPNP Bldg P-102-I Peabody Hall
(352) 273-7939 G208 Student Services Ctr. (353) 392-1275 (ext.3386)
(352) 273-6202


Financial/ Ad NEWS
Spring 2009


~ I




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