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Peer Counseling January Common $ense Workshop

January 16, 2013

Common $ense

on 17 January 2013

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Transcript of Peer Counseling January Common $ense Workshop

Wednesday, January 16
Peer Counseling Financial Aid Basics for Life! GU Financial Aid Peer Counselors Road Map for Financial Aid
Financial Aid Formula
Cost of Attendance & EFC
Types of Financial Aid
Financial Aid @ GU
Applying for Financial Aid @ GU
Who to Contact? Three Forms of
Financial Aid Scholarship & Grants Loans Self-Help: WORK STUDY Georgetown Financial Aid Policy Financial Aid Formula Applying for Aid @ GU FAFSA CSS Profile IDOC Who to Contact? Partnership with the GU Financial Services
Georgetown University and DC high schools
Office Hours
http://www.gufinaidpeercounseling.com/ Federal (FAFSA) vs. Private
Subsidized vs. Unsubsidized
Promissory Note
Entrance and Exit Counseling
National Student Loan Data System (only Federal Student Loans)
http://www.nslds.ed.gov/nslds_SA/ EARNING POTENTIAL: University need based aid
Accept or Decline
No Penalty
No repayment necessary
Finding a Job @ GU: HoyaWorks!
https://seo.georgetown.edu/Cmx_Content.aspx?cpId=18 Free money or gift aid
GU Eligibility Requirement: financial need
Sources of Scholarship:
Federal (FAFSA) ex. Pell Grant
Privately Sponsored: Outside Scholarships
Must be reported to GU! GU meets 100% of demonstrated need
Need based financial aid
Determined by financial documents and applications
Financial Aid Package: diverse combination of aid offered Cost of Attendance Expected Family Contribution
(derived from FAFSA) Parents Income
Student Income
Student Contribution
> $2,000 for first-year students > $2,200 for sophomores > $2,400 for juniors > $2,600 for seniors. Tuition & Fees
Books (varies)
Supplies (varies)
Room & Board (varies)
Transportation (varies)
Personal Expenses (varies) (COA): (EFC): Office of Student Financial Services
A-D John Mutarelli (jam334@georgetown.edu)
E-K Karen Hanley (ksa8@georgetown.edu)
L-Q Jessica Denniston (jad282@georgetown.edu)
R-Z Julie Lundgren (jml274@georgetown.edu) Cost of Attendance (COA) - Expected family Contribution (EFC) Financial Need 1.Free Application for Federal Student Aid (FAFSA)
2.College Scholarship Service Profile (CSS)
3.Institutional Documentation Service (IDOC)
4.Additional Information Priority Deadline: May 1st, 2013 Priority Deadline: May 1st, 2013 * FAFSA Sections
* IRS Retrieval Tool
* PINs: parent and student
* Available in Spanish & English After submitting the CSS...
1. Parent Tax Forms, Student Tax Forms
2. Schedules and W-2 forms
3. IDOC Cover Sheet
4. Mail to:
College Board IDOC
P.O. Box 4017
Mount Vernon, IL 62864 Additional Documentation Self-Employed Parents/Students
Divorce/Separated Parents:
Sibling Enrollment Verification
Report of Special Circumstances
Proof of Citizenship Questions?
Preguntas? GU Fin Aid Peer Counseling:
(also if interested in joining!) * Sections
* Additional information
* Website ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? Common $ense presents...
Full transcript