Paying for College

Office of Student Financial Aid

University of North Florida
 What is financial aid?
Financial Aid is any resource that can assist in off-
setting the cost of attending college.

What are the sources of financial aid?

Federal government
States
Schools/Institutions
Private sources
 Types of Financial Aid

Self-help
Gift aid
aid

Scholarships and grants Work-study and loans

Repayment is not required Part-time on- or off-campus jobs

Applications may be necessary Repayment is required for loans

Categories of financial aid

Need-based Talent-based
Pell Athletic
FSAG Musical
Subsidized Artistic
loan

Merit-based
Bright Futures Non-need-based
UNF Presidential Everything else
 Self-help
Self-help aidaid
Need-based award that allows a
FWS student to work part-time for an
institution or within the community.

Direct Need-based (subsidized) and

non-need-based (unsubsidized)
loans loans that have to be repaid.

PLUS Non-need-based credit loans for

loans which parents can apply.
 College COA
COA, Cost of Attendance, varies from
Institution to institution
In state vs. out of state
On campus vs. off campus

COA = Direct costs + Indirect costs

Tuition and fees
Books and supplies
Housing
Meals
Transportation
Miscellaneous
 College Cost
Tuition and fees, only:
Public 2-year college, in-state: $3,440
Public 4-year college, in-state: $9,410
Public 4-year college, out of state: $23,890
Private, 4-year: $32,410
 Applying for federal aid
FAFSA Free Application for Federal Student Aid

2018/2019 application: Available October 1

Takes approximately 30 minutes to complete

Needs to be renewed each year

Priority consideration is October 15

www.FAFSA.ed.gov
 Applying for federal aid

Number of
Household
Income Assets college
size students

Adjusted gross Cash, savings, Parents Exclude parents

income checking who are in college
Siblings
Investments, Include siblings
Taxes paid excluding Others for whom who are in college
retirement and parents provide at least half-time
IRAs more than 50
Some untaxed
income percent of support
Real estate, financially for the
excluding aid year in question
Use the IRS
primary
Data Retrieval
residence
Tool to link to
the IRS
Applying for state financial aid

Florida Financial Aid Application (FFAA)

Takes approximately 15 minutes to complete

www.floridastudentfinancialaid.org

Application opens October 1 of the senior year

Must complete application before August 31 of

high school graduation year
 State financial aid
2017-2018 Bright Futures initial eligibility

Florida Academic Scholars (FAS)

High school weighted GPA of 3.5
29 ACT/1290 SAT
100 community service hours

Florida Medallion Scholars (FMS)

High school weighted GPA of 3.0
26 ACT/1170 SAT
75 community service hours
Automatic UNF merit-based scholarships
Presidential Scholarship Program
2018-2019 Presidential Scholarship Program

Students can be awarded up to $24,000 over four years

Must have a GPA of at least 3.8 (weighted) and
acceptable corresponding ACT/SAT test scores
Monetary values are determined by combination of
students grades and test scores
Awards are provided on a funds-available basis
Apply early for admission to UNF
Once admitted, students are eligible for review for
merit awards
 Applying for private
financial aid

Civic
Private Private
groups/
corporations organizations
Unions

Private scholarships come from a variety of sources

Dont pay for an online scholarship website

Chamber
High Religious School
of
school organizations district
Commerce
 Financial aid timeline
July Apply for admission
October 1 FAFSA opens
October 1 Florida application for financial aid
opens
October 15 Priority consideration for need-
based financial aid
October 15 Scholarship priority deadline
December Estimated financial aid packaging
May/June New Student Orientation
June Start of summer classes
August Start of fall classes
 Financial aid websites

www.FAFSA4caster.ed.gov

www.StudentAid.gov

www.StudentLoans.gov
 Financial aid websites

www.facebook.com/FederalStudentAid

Twitter.com/FAFSA

www.youtube.com/FederalStudentAid

osfa@fldoe.org (1-888-827-2004)
Questions?