Title: Financial aid news
Full Citation
Permanent Link: http://ufdc.ufl.edu/UF00087108/00016
 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: Spring 2005
 Record Information
Bibliographic ID: UF00087108
Volume ID: VID00016
Source Institution: University of Florida
Rights Management: All rights reserved by the source institution and holding location.


This item has the following downloads:

spr05 ( PDF )

Full Text

U n i v e rs i t y o f Florida a

Of f i c e f or St u d e n t F i n a n c i a l A f fa i r s

1 Spring 2005

NEW: Watch for Electronic Financial

Aid Announcements in 2005-06
aid award notices, newsletters, document requests
TAKE NOTE! Student Financial Affairs communication. All future versions will be
(SFA) will use email as the primary mode of electronic.
communication with financial aid applicants If you are reading this newsletter in the paper
starting with the 2005-06 application period. version and have not received an email with a link
SFA will begin sending important financial aid to the electronic version, please verify that your
announcements, including critical documents GatorLink email address is correctly configured
such as Financial Aid Award Notices, follow-up for receiving UF business correspondence. If
letters, notifications of selection for verification, you do not check GatorLink email daily, you
newsletters, and requests for additional may not get important financial aid
documentation, directly to financial aid correspondence. Go to: www.gatorlink.ufl.edu/.
recipients to their GatorLink email addresses. /
The emails will provide a link to ISIS where
students can view their financial aid documents.
This issue of Financial Aid News has been
published in both paper and electronic versions
as a trial run for the new method of

Apply NOW for 2005-06 Aid
"On-time" Deadline: March 15 application
This year, why not make it your resolution to prevent app
get the best financial aid package you may it, you may
FAFSA on th
qualify for by applying on time for financial
aid? Try attending a Financial Aid Workshop! is available
Gator Ai
What do we mean by "On-Time?" Applications,
March 15, 2005, is UF's "on-time" financial the 2005-06
aid application deadline this year. On time SFA lobby ir
means making sure SFA receives the processed
results of your Free Application for Federal Finan
Student Aid (FAFSA) or Renewal FAFSA from he goa
the federal processor by the deadline. To make I Worksl
sure this happens, either you or your parents of student
should complete the FAFSA by mid-February. correctly. I
Students whose application information is questions
not received from the federal processor until forms. Tw
after March 15 will be considered for aid that completion
remains available. online app
If you need assistance applying, you can
take advantage of SFA's Student Resource Center PAPEF
adjacent to the lobby, or you can attend a 2005-06 Feb
Application Help Session in February (see below). (287 R
Most UF students are applying online ONLII
in the new millennium, and SFA strongly
encourages this trend. Applying online using
FAFSA on the Web is usually faster, and the (Building

UF Federal School Code
has built-in edits that helps
location errors. If you haven't tried
be surprised at how easy it is.
e Web, with complete instructions,
at: www.fafsa.ed.gov.
d Application Guides and paper Free
for Federal Student Aid (FAFSA) for
academic year are available in the
S-107 Criser Hall.

cial Aid Workshops
I of 2005-06 Financial Aid
hops is to increase the number
s who complete the FAFSA
Financial aid staff will answer
and assist with completing
o sessions are for students
g a paper FAFSA, and one is for
ilicants (computers available).
Application Workshops
ruary 8 and February 15
,eitz Union, 6:30-8:00 p.m.)
IE Application Workshop
February 17
110, Rm. 105, 6:30-8:00 p.m.)

04-05, volume 1

January 3, 2005
2005-06 Financial Aid
Applications Available
March 1, 2005
Last day to be considered for
Spring 2005 Federal Direct Loans
March 15, 2005
"On-Time" UF 2005-06 Financial
Aid Application Deadline
March 18, 2005
Spring Deferred Fee Payment
April 1, 2005
Spring Short-Term Loan
Repayment Deadline
April 15, 2005
Last day to be considered for
Summer '05 Federal Direct Loans

* Application Tips
* Follow Up After You Apply
* Summer Aid in 2005
* Financial Aid for Summer
Study Abroad
* Florida Bright Futures
* Spring 2005 Aid Still Available
* In the News
* Student Resource Center
* Your Federal PIN
* Federal Direct Student Loan
Web Site
* 3-Step Loan Checklist
* Update Your Addresses &
Phone Numbers
* Scholarship Bulletin Board
* NSLDS Student Access Web Site
* Financial Aid Addresses &
Phone Numbers
* Satellite Aid Offices

o f S t u d e n t

D i v i s i o n

A ff a i r s


1. Update Your Address With the Feds!
If your address changes, update it
immediately with the federal processor.
They use it to mail Student Aid Reports,
electronic PINs, and other notices. You can
change your address: (1) online at
www.fafsa.ed.gov/ (2) by using your
Federal Student Aid Report (SAR), (3) by
calling 1-800-433-3243, or (4) by writing to
Federal Processor, P. O. Box 4021, Iowa
City, IA 52243.
2, Apply Accurately and Read the
Instructions. Incorrectly completing the
FAFSA/Renewal FAFSA can delay your aid.
3. Enter your Social Security number
CORRECTLY to get aid on time!
4. Photocopy Your Application and IRS
Forms and Save W-2s. If we ask you for
copies of tax forms for verification, it can
take six weeks to get copies from the IRS.
5. Ask Questions. For questions about
applying or help completing the FAFSA,
call us at (352) 392-1275; call the federal
processor: 1 (800) 433-3243 / (319) 337-5665;
or come by our office at S-107 Criser Hall.

You must reappLy for financiaL
aid each year!


6. Keep a Financial Aid File. Include:
Photocopy of your federal income tax
return and W-2s.
Photocopy or printout of your
completed FAFSA/Renewal FAFSA.
Your Federal Student Aid Report.
Photocopies of forms or information
used to complete your aid application
and correspondence with aid agencies.
Borrower copy of promissory notes.
Your Gator Aid Application Guide and
FAFSA/Renewal FAFSA instruction
Your Federal PIN
Your State of Florida PIN and
7. Attend a Financial Aid Workshop.
See page 1.
8. Use the SFA Resource Center. Center
staff help students research and apply for
financial aid, including scholarships and
part-time jobs. The Center in S-107 Criser
Hall is open from 8:00 a.m.-4:30 p.m.,
Monday through Friday.

Student Financial
Affairs Web Site

After you complete your FAFSA, check the www.fafsa.ed.gov/. You will need your
status of your UF financial aid file regularly Federal PIN to access your information.

onUll Ull Lll VVU IL. U LU
After you apply, you will receive the
following responses from our office and
other agencies.
1. Federal Student Aid Report (SAR)
After processing your electronic or paper
FAFSA, the federal processor will send you
an SAR. The SAR indicates your "Expected
Family Contribution," which is used to
determine your eligibility for aid. The SAR
also lists information you recorded on your
FAFSA, so you can check it for accuracy. If
you supply your email address on the
FAFSA, you will receive online SAR
information as soon as 24 hours after your
FAFSA is processed. Follow the instructions
on the SAR when you receive it.
If you don't receive an SAR, or need to
change information you listed on the
FAFSA, you can do this online by going to

2. Verification
Your application may be selected for
"verification," the federally required process
of checking the accuracy of information
students supply on aid applications. If
selected, you will be asked by email from
SFA to provide documentation before your
aid can be disbursed. Reply quickly to all
requests. Don't wait until fall to respond.
3. Financial Aid Award
When UF receives your FAFSA information
from the federal processor and you have
been admitted to UF, if you are eligible for
aid, SFA will award you an aid package
based on your demonstrated need. We will
send an email to your Gatorlink account to
tell you that your Financial Aid Award Letter
is available on ISIS. The Award Letter states
the terms of aid programs awarded to you.
You can expect an Award Letter email by
late spring if you applied by the March
15th "on-time" deadline.

IN 2005
To receive aid this summer, contact a
financial aid adviser in S-107 Criser
Hall by March 1. Be aware that summer
Bright Futures awards are not available
for the summer term 2005
Summer Funds Checklist:
1. Read the UF Policy on Summer and
Summer Enrollment Requirements below.
2. Check with your aid adviser to see if
you qualify for loans. To be considered
for a summer 2005 Federal Direct Stafford
or PLUS Loan, be sure to apply for it by
April 15, 2005.
3. Line up a summer job; or get work in the
spring to save for the summer.
4. Check our online scholarship bulletin
board at: www.sfa.ufl.edu / programs/

UF Policy on Summer
A UF academic year 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.
SFA supports this requirement. Summer
money may be offered to qualified
students if: (1) funds are available for
summer awards after fall and spring
semester awards are met; or (2) you
choose to use aid originally awarded for
fall or spring term during summer.

Summer Enrollment
The sessions) for which you enroll-
Summer A, B, and/or C-and the number
of hours that 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.
Otherwise, disbursement of aid except Pell
Grants is delayed until Summer B,
regardless of preregistration for Summer B.
Summer Pell Grant eligibility is calculated
only once, so be sure to preregister for all
summer classes including summer B before
Summer A/C begins. For Federal Work-
Study, you must enroll at least six credit
hours Summer A and/or C to be eligible to
work Summer A, or be enrolled in Summer
A and preregistered for at least three credit
hours in Summer B. See:
www.sfa.ufl.edu / receiving /summeraid.html

Financial Aid NEWS
Spring 2005

IN the News Financial Aid for

Left-Handed? There's College
Money for You: Many niche
scholarships are available to Students
(SanDiego Union Tribune, Jan. 3, 2005)
"The common perception is that there is tons
of [scholarship] money that goes unclaimed
each year," the San Diego Union Tribune
reports. Not true, say experts, "but there are
more opportunities than you might think."
Read more at:
http: //www.NASFAA.org/publications/
2005/ awunusualscholarships010405.html
Ask for Aid, Starting Now
(USA Today, 1/17/2005)
It costs nothing to fill out a FAFSA, not even
a stamp, if you do it online. Yet, every year,
thousands of families forsake the FAFSA,
depriving themselves of thousands of dollars
in grants and low-cost loans. Read more at:
http:/ /www.usatoday.com/money/perfi/
New Tuition Plan May Speed
Students To Graduation
(Palm Beach, January 24, 2005)
Florida schools must implement "block
tuition"--a fixed four-year tuition rate for
up to 30 credits per year--by August, the
Palm Beach Post reports. Read more at:
http: / /www.palmbeachpost.com/news/
content/news/epaper/2005/01 /24/mla_
BLOCK 0124.html

Florida Bright Futures
For current information about
application, renewal requirements,
reinstatements, appeals, summer awards,
and other topics, go to the
Florida Department of
Education (FDEP)
Web site at: www.firn.edu/doe/
Send questions by e-mail to:
Send mail to:
Florida Department of Education
Turlington Building, Suite 1514
325 West Gaines Street
Tallahassee, FL 32399
Toll-Free Hotline:1-888-827-2005
General Info:1-800-366-3475

Summer Study
The UF International Center's Study
Abroad Services (SAS) in 123 Grinter
Hall offers many programs for overseas
study. Students who are awarded
financial aid (including scholarships)
may continue to receive it while studying
overseas, as long as they meet minimum
enrollment requirements during the
semester(s) they are studying overseas.
SFA coordinates with Study Abroad
Services to help students receive their
financial aid. Federal Direct Stafford Loans
and Federal Direct PLUS Loans (for
parents of dependent undergraduate
students) are the primary funds available
for study abroad students. Overseas
packages exclude employment. The
application deadline for summer
programs is March 1. For more
information, go to:
www.sfa.ufl.edu / programs / special.html

SFA Student
Resource Center
SFA's Student Resource Center is located
in S-107 Criser Hall. If you need assistance
applying online or completing your online
Master Promissory Note or Stafford Loan
Confirmation, our student staff is
available to assist you.
You can access: the U. S. Department
of Education's FAFSA on the Web site; UF's
Federal Direct Loan Confirmation Site;
ISIS; e-mail; UF's online student job lists;
free scholarship searches, and more. The
Resource Center also provides scholarship
applications and financial aid
The SFA Student Resource Center is
open and staffed from 8:00 a.m.-4:30 p.m.,
Monday through Friday.

Spring 2005 Aid
Still Available
If you need financial aid for spring or
Summer 2005, apply immediately!
Financial aid applications and 2004-05
Gator Aid Application Guides are also
available at SFA in S-107 Criser Hall. We
encourage you to apply online using
FAFSA on the Web available with complete
instructions at: www.fafsa.ed.gov/ .

Your Federal PIN
Your PIN gives you access to personal
information in various U.S. Department
of Education (USDOE) systems,
including applying for federal student
aid. Keep it safe: you will use it year
after year. You can request a PIN or
replacement PIN, or update your PIN
mailing address, at the USDOE's PIN Site
at: www.pin.ed.gov/
Use your PIN to:
1. use FAFS f ,, ,I FAFSA on the Web;
2. sign your FAFSA electronically or obtain
a copy of your FAFSA information;
3. complete your federal student loan
(Federal Direct and/or Perkins Loans)
electronic Master Promissory Notes;
4. make online corrections to your FAFSA;
5. and review your grant and loan history
on the National Student Loan Data
System (NSLDS).

Federal Direct Loan
Web Site
The Federal Department of Education's
Web site is a student loan information
hub. Students can, for example, get help
applying for Federal Direct loans, learn
about repayment options, use interactive
calculators, download loan deferment
and forbearance forms, get information
on Direct Consolidation loans, use FAFSA
on the Web, and access the Direct Loan
Servicing Center and the National
Student Loan Data System (NSLDS).

3-Step Loan Checklist
Federal Direct Stafford Loan borrowers
must complete three steps to get their
loans. Step 1 must be completed each time
you receive a loan, Steps 2 and 3 only once.
1. UF Direct Loan Confirmation Process
Confirm you will accept loans awarded to
you. Go to ISIS at: www.isis.ufl.edu/.
2. Electronic Master Promissory Note
Complete a federal Master Promissory Note
(MPN) agreeing to pay back their loans.
Go to: http://dlenote.ed.gov .
3. Direct Loan Entrance Counseling
First-time borrowers must complete
entrance counseling sessions. Go to ISIS
at: www.isis.ufl.edu/ .

Financial Aid NEWS
Spring 2005'


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

Financial Aid NEWS 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
Financial Aid NEWS 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/TDD); Florida
Relay Service: Dial 711; or 1 (800) 392-
3008 (TDD). Online at: 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.

Update Your Address
& Phone Nos. on ISIS
You are responsible for keeping your email
address, home addresses, and phone
numbers current with UF at all times. The
financial aid office and other UF offices use
this information to contact you, so it is
critical that your information is up to date if
you expect to receive important UF business
mail. Go to ISIS: www.isis.ufl.edu/.

Online Scholarship Board
SFA maintains an Online Scholarship Board
through our Student Resource Center. If
you are interested in a scholarship many
have applications available in the SFA
Resource Room in S-107 Criser. You can
also contact the donor directly at the
address or web site listed. Go to:
www.sfa.ufl.edu /programs /otheraid.html

NSLDS Student
Access Web Site
The National Student Loan Data
System (NSLDS) is the U.S.
Department of Education's student
aid database. Students can use the
Web site to make inquiries about their
Title IV loans and/or Pell Grant
records. The site displays information
on loan and/or grant amounts,
outstanding balances, loan statuses,
and disbursements.
To access the NSLDS Student
Access Web site, you will need to
provide your Social Security number,
the first two digits of your last name,
your date of birth, and your Federal
www.nslds.ed.gov /

Li.S. Department of Education
Student Aid Intormation Center
P. O. Bo\ %4
\\amhington DC 200754-i00S4
Ssi 4i 24
1. .. 1 -

Federal Direct Loan Ser icing Center
I e I s i -,, -,, -I -" I "1 1-' '.l-' 1, -I I1
(choose FAQ)
Federal Direct Loan Consolidation
1 (800) 557-7392; 1 (800) 557-7395 (TDD)
Info on Scholarship Scams and
Identity Theft
www.ed.gov /misused
Online Student Guide
http: / /studentaid.ed.gov/students/publicat
ions/ studentguide /index.html

Satellite Aid
College of Dentistry
Tom Kolb
Dental Tower, D3-#17A
Health Sciences Center
(352) 846-1384

Offices Main
College of Law
Carol Huber
164 Holland Hall
(352) 392-0421

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 Bill Watson
Center eneee P-102-I Peabody Hall
Center HPNP Blg. P
(352) 392-7800 G208 Student Services Ctr. (353) 392-1275 (ext.3386)
(352) 273-6202

Financial Aid NEWS
Spring 2005

University of Florida Home Page
© 2004 - 2010 University of Florida George A. Smathers Libraries.
All rights reserved.

Acceptable Use, Copyright, and Disclaimer Statement
Last updated October 10, 2010 - - mvs