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A Longhorn's Guide to Financial Aid: Summer Orientation 2015

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OSFS Outreach

on 30 June 2015

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Transcript of A Longhorn's Guide to Financial Aid: Summer Orientation 2015

Know Your Costs
Texas Resident
OSFS Services
Financial Aid Counseling & Processing
A Longhorn's Guide to
Financial Aid

Office of Student Financial Services
Know How You Will Cover Your Costs
Sources of Financial Aid
UT Austin's Continuing Student Scholarship Application
Free Application for Federal Student Aid
Complete your new FAFSA each year at
Hire-a-Longhorn: Student Employment Job Bank
2015-2016 Estimated Cost of Attendance
Tuition & Fees:
Room & Board:
$9,346 - $10,738
$25,862 - $27,254
$26,614 - $30,502
$43,130 - $47,018
Free Money!
Work Study
Need Based
Low Interest
Access the application at:

Available online in November 2015

Deadline: April 1, 2016
Community Scholarships
Academic Department Scholarships
Online Scholarship Databases
Free, Safe, Reliable
Complete the FAFSA each year by March 15!
Student Loans
Loan Type
Interest Rate
Credit Check
DL Subsidized
DL Unsubsidized
Begins 6 months after graduation, leaving UT, or dropping below half-time enrollment
DL Parent PLUS
Begins 60 days after final disbursement or 6 months after graduation, leaving UT, or dropping below half-time enrollment
State & Private
Varies by
Loan & Lender
Get a Job
Find Part-Time Jobs
Near Campus
Resume Building
They pay well!
CASH: Check Aid Status Here
Student Loans: Getting Started
Use Your FAFSA PIN to Gain Access
Requirements Listed on "My Profile"
Complete Entrance Loan Counseling
Takes 20-30 minutes to complete
Loans will NOT activate until the counseling requirement is satisfied
Subsidized & Unsubsidized Direct Loans
Master Promissory Note
Parent PLUS Loan: 2 Steps
Step 1: Complete PLUS Request
Step 2: Complete PLUS MPN
Tuition Bill: How Will You Pay For It?
See your "My Tuition Bill" page on UT Direct
Due August 12 by 5:00pm
Must select a payment arrangement
Installment Plan (3 Installments)

Check: Electronic Funds Transfer (EFT)

Credit Card: MasterCard, Discover & AMEX Only

90-Day Tuition Loan

Financial Aid
"My Tuition Bill" via UT Direct
You MUST select a payment option in order to secure your classes
Red means classes are NOT secured
Green means classes ARE secured
How Do I Receive My Funds?
Aid will release approximately 10 days prior to the first day of class
See "Funds Release" via CASH Page
Disbursement of Aid
Outstanding University debt is paid first (i.e. Tuition and On-Campus housing bills)
See "Where's My Check" via UT Direct or "Funds Release" via CASH
Direct Deposit: to update go to "My Bank Info" via UT Direct
Paper Check: to update go to "My Addresses" via UT Direct
Financial Aid & Academics
Satisfactory Academic Progress (SAP)
Maintain a cumulative GPA of 2.0 or better
Have a completion rate (PACE) of 75% or better
Complete your degree program in no more than 134% of the program length by credit hour
How to calculate PACE
# of hours successfully completed
# of hours attempted
Things to Remember
Submit your FAFSA each year by the priority deadline
Complete a FERPA privacy release authorization
Always check your CASH page
Read ALL email correspondences
Submit ALL required documentation
Complete Direct Loan requirements
Contact Us
Monday, Tuesday, Thursday & Friday: 8:30am - 4:30pm
3rd Floor Student Services Building (SSB)
Wednesday: 9:00am - 4:30pm
Questions? Email us at:
Full transcript