Fall 2017 Freshman Orientation Presentation
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The document provides information about university scholarships at East Carolina University, including eligibility requirements, the application process, and contact information. It states that scholarships are available to both incoming and continuing students, that applications are typically due in December through February, and that students can check the scholarship management system or individual college websites for scholarship opportunities and application methods. It concludes by providing contact information for the Office of University Scholarships.
Fall 2017 Freshman Orientation Presentation
- 2. Eligibility Requirements The student must be…. Enrolled or accepted for enrollment Typically enrolled in at least 12 hours of classes (12 hours is considered full time. 15/16 hours per semester is needed to graduate in 4 years) The scholarship may be…. Merit based Need based Or a combination of the two
- 3. Application Process Scholarships opportunities are available throughout a student’s college career….whether you are an incoming freshman or a continuing student. College and Departmental Scholarships ECU Alumni Association Scholarships Division of Student Affairs Scholarships Annual competitive application process is held each year – typically in the December – February timeframe. However, there are a variety of deadlines so make sure to learn the requirements and deadlines.
- 4. Application Process There are a number of different application processes. Each college on our campus has flexibility in how it operates its scholarship process: Some areas will have paper applications Some areas will have on-line applications Some areas will list their offerings on the scholarship management system @ https://ecu.academicworks.com Make sure you check all avenues and know how to apply – when in doubt – ASK!
- 5. Office of University Scholarships Melonie Bryan – Director 101 Whichard Building Phone: 252-328-5816 Fax: 252-737-4816 bryanm@ecu.edu or scholarships@ecu.edu
- 6. East Carolina University Pirates Aboard! FREQUENTLY ASKED QUESTIONS – FALL 2017
- 7. How Do I Apply For Financial Aid Students desiring to receive financial assistance need to complete the Free Application for Federal Student Aid each year. You can complete the FAFSA as early as October 1st prior to the academic year that begins in August. Priority filing date is March 1st each year. However, we do not have a deadline for applications. Applications received after the priority deadline may not be completed in time before the payment deadline. You may complete the FAFSA online at www.fafsa.gov and the ECU school code is 002923-00
- 8. Things to Remember Read emails regularly - Respond promptly to requests for information – Financial Aid is a PROCESS Banner ID – KNOW IT – Include it on all documents Buckley – Student must complete this to give us permission for Parent/Guardian/Other to get specific student financial information Students must authorize Financial Aid to pay for expenses other than Direct Costs, this release must be completed in order for Federal aid to cover other charges on the Cashier’s student account (health service fees, parking fines, etc…) This is called a Title IV Authorization Form and the student will receive information from the University Cashier on how to complete this process
- 9. Why Am I Being Asked for Additional Information As required by federal regulation, each year a number of financial aid applications are selected at random for detailed review. If you are applying for financial aid through federal programs, you may be selected for an in-depth review of your application. Applicants who are selected will be notified by email and may be required to submit additional documentation to confirm/correct selected information (e.g. family size, number of family members enrolled in postsecondary education, adjusted gross income) which may affect the aid award. Weekly email reminders are sent to students who have outstanding requirements. Failure to provide the required information will result in the all aid processing being held and possibly all aid being cancelled for the academic year. It can take 4 -6 weeks from receipt of the verification documents for them to be reviewed, processed and completed. *Please make sure to submit requested information in time to meet payment deadlines*
- 10. How Do Outside Scholarships Affect My Award If you receive additional scholarships/grants from outside sources, please complete the Additional Aid form located on the Financial Aid forms page and submit to the Office The scholarships you receive from sources other than East Carolina University will be added to your student account and may reduce the monies we offered, but only if these additional funds create an over award situation (either over financial need or cost of attendance) Loans are reduced before grants/scholarships if possible Students will receive a revised award notice via ECU email any time changes are made to the aid award
- 11. How Do I Find Out What I Have Been Awarded The Office of Student Financial Aid will send out Award Notifications ONLY to the ECU email address when there are new awards or any changes are made to the award package. Students may also log into Pirate Port Banner Self Service and Select Financial Aid to view/accept the award(s) at any time. The amount of aid the student accepts is for the full academic year, please keep that in mind when accepting student loans. Financial Aid awards are completed for the full academic year. Students will receive their funds in 2 disbursements, once at the beginning of each term. Funds are transferred to the Office of the Cashier approximately 3 business days before the first day of class.
- 12. Am I Required to Accept Loans No student is required to accept a student loan. Students may accept all or some portion of the loan as needed based on other financial resources available to the student. Students who find they need more than the maximum Stafford Loan amount for the year may apply for the Plus loan for a dependent student, or an alternative loan. Information about these types of loan can be located on our web page at www.ecu.edu/financial Monitor your loan debt at www.nlsds.ed.gov – create a student account.
- 13. How to Complete the Student Loan Process Students who have accepted a Federal Stafford Loan will be required to complete a Master Promissory Note the first time they borrow from this program. First time loan borrowers must also complete Federal Student Loan Entrance Counseling. The student may do both at www.studentloans.gov Students will receive emails from Financial Aid with instructions on how to complete these processes *This must be completed prior to loan funds being posted to student accounts – it can take 7 – 10 business days for us to receive confirmation from the US Department of Education that these processes are complete. Please make sure to allow adequate time to meet payment deadlines
- 14. Parent or Alternative Loan Borrowing If you have a ‘gap’ between the aid offered to your student and the costs above you may: a) decide to use the Tuition Payment Plan via the Office of the Cashier; b) decide to borrow a parent loan, the PLUS; c) decide that the student will borrow a private loan and the parents will co-sign that loan; d) some combination of these three. The Parent and/or Alternative Loan Process takes a MINIMUM of 30 days to complete. Please begin the process in time to meet payment deadlines.
- 15. I Need To Change The Loan Amount I Accepted If you originally decline or only accept a portion of your loan, accept more loan that you determine is needed and decide that you would like to make a change - you must contact the Office of Student Financial Aid at faques@ecu.edu . In the email subject line put your Name and “Loan Adjustment” Please include your Banner ID in the body of the email. Tell us what you would like to do: State the loan and the amount of loan you would like to receive for the year; If you are not certain of the amount, you may ask us to reoffer the loans in full so you may accept the amount you need. All requests for adjustments in student loan amounts MUST come from the student’s ECU official email address
- 16. Federal Work Study Federal Work Study (FWS) is an employment program for students with a demonstrated financial need and who are qualified by the ECU Financial Aid office. • Work on-campus with ECU departments or off-campus with approved community service agencies • Undergraduates earn $8-$10/hour based on experience • Student employees are paid twice a month through direct deposit. *Credit is not received for FWS funds until hours are worked.* • Students who do not qualify for FWS or did not receive an FWS award, there are other employment opportunities available through the Office of Student Employment • Search part-time job opportunities (on and off campus) via our online jobs database at www.ecu.edu/hireapirate.
- 17. How And When Will I Receive The Funds I Have Accepted Financial aid monies are released at the start of each semester. Your financial aid funds are sent first to the student account in the Office of the Cashier to pay your tuition/fees, any other charges on your student account. After all your University charges are paid for the term, any remaining funds will be sent from the Office of the Cashier through the E-Refund process If you have not set up your E-Refund preference you may do so by going to the Cashier’s web page and following the steps for this process. We strongly encourage you to do this as soon as possible to avoid delays at the beginning of the semester. Please note that refunds are based on charges posted to the student account at the time the refund process begins.
- 18. Important Dates Fall bills will be generated by the Office of Cashier on July 10th. Students will receive the e-bill via the ECU email account. Thursday, August 3rd – The Office of the Cashier will cancel all schedules for non-payment after 5:00 p.m. this day Note: The on-line payment system will not be available between 5:00 p.m. and 12:00 a.m. Beginning Friday, August 4th – A $25.00 processing fee will be charged to all student accounts who re-register after being purged or who late register for the first time It is imperative that all Financial Aid paperwork be completed a minimum of 4 weeks prior to this date to ensure that the award package will be complete and funds available before the schedule cancellation date
- 19. How to Finish in Four Years Many Financial Aid programs have limitations on the number of semesters your may receive funding. Students need to take 15/16 hours a semester to graduate in 4 years Work closely with your advisor to make sure you are meeting your goal to graduation
- 20. SALTMONEY.ORG – Take Control of Your Finances
- 21. Why Use Salt? Student loan advice from expert counselors Scholarship, internship and job searches Tools to take care of your finances Tips on building smart financial aid And it is FREE… you can use this program from the time you enroll until you are a graduate and alum! Saltmoney.org what are you waiting for? Students will have a chance to sign up in the Computer Lab later today!
- 22. Contact Information ECU Office of Student Financial Aid 2103 Old Cafeteria Complex, MS 510 Greenville, NC 27858 FAX – 252-328-4347 PHONE – 252-328-6610 EMAIL – faques@ecu.edu Walk in hours – Monday – Friday, 10:00 am to 5:00 pm Phone hours – Monday – Friday, 8:00 am to 5:00pm