Text HereFY16 Annual Report

Office of Financial Aid and Scholarships

EARLY AID APPLICATION

FY16 FACTS

FINANCIAL AID PROGRAMS

TEACH GRANT SUCCESS

STUDENT LOAN INDEBTEDNESS

PROCESSING AND ADVISING

SAMPLE AID PACKAGES

FINANCIAL LITERACY EXPANDING

TEACHING FINANCIAL LITERACY

SCHOLARSHIP & GRANT CHARTS

Office of Financial Aid and Scholarships105 Gilchrist Hall

Cedar Falls, Iowa 50614-0024319-273-2700

Fax: 319-273-2320www.uni.edu/finaid

Nondiscrimination Policy StatementThe University of Northern Iowa does not discriminate in employment or education. Visit uni.edu/policies/1303 for additional information.

Joyce Morrow

WHAT’S INSIDEDear Colleagues,

The Office of Financial Aid and Scholarships is pleased to present the “FY16 Annual Review”. This edition covers the 2015-2016 financial aid year (fall 2015, spring 2016, and summer 2016). The financial aid programs offered at the University of Northern Iowa (UNI) are dedicated to preserving student access to the university through need-based aid, recruiting academically talented students through merit-based aid, and supporting the institution’s recruitment and retention efforts.

The office has more than 115 years of experience with 14 staff, two graduate assistants, and 30+ student employees. More than $112.5 million in aid is awarded to 10,000+ students; processing over 19,000 financial aid application transactions with the U.S. Department of Education.

QUICK FACTS

• 11,180 FAFSA applications • $112.5 million in aid awarded • 88% of all students receive aid • Indebtedness upon graduation is $22,993 • Default rate of 2.9% • 28% of undergraduate students receive Pell grants • More than 3,900 student employees • 24% first-generation students

UNI serves the heart of Iowa. Our students come from all spectrums of socioeconomic status. Financial aid is a highly regulated and sometimes complicated process. Our staff takes great pride in assisting students and families through this process with professionalism, respect, and confidentiality. This annual report is available on line at www.uni.edu/finaid in the sidebar on the left of each page. Feel free to contact me directly with questions regarding the information in this report.

Joyce Morrow Director, Financial Aid and Scholarships

1ABOUT THE OFFICE

MISSIONThe mission of the Office of Financial Aid and Scholarships is to provide access to financial resources in a fair, sensitive, and confidential manner; to inform and educate students and families about their financial options; and to continually improve services so students may take full advantage of their educational opportunities. The Office of Financial Aid and Scholarships is committed to promoting and maintaining integrity, accuracy, and timeliness in compliance with applicable laws, regulations, and policies that govern federal, state, institutional, and private funds to serve the maximum number of UNI students.

NEW EMPLOYEESKristin Peiffer joined our staff in April 2016 as the Customer Service Specialist. Kristin oversees the customer service team and serves as the lead counselor on Unusual Circumstances. She counsels students and parents on financial aid programs and presents to large and small groups during outreach events. She also participates in multicultural student recruitment and retention activities. Kristin is a bi-lingual counselor, fluent in Spanish. Kristin can be reached at Kristin.Peiffer@uni.edu or 319-273-6856.

Marcy Gosse, Clerk III, joined our staff in January 2016. She came to our office from the UNI Academic Learning Center. Marcy is involved in customer service and welcomes students and parents at the front desk. She handles the Pell grant program, awarding, revisions and resolving student issues. Marcy also assists with advising parents and student during outreach events on campus. Marcy can be reached at Marcy.Gosse@uni.edu or 319-273-3055.

Tiffany Aronson, Clerk III, joined our staff in June 2016. Tiffany works in the application processing area of financial aid. She performs verification tasks and awarding of students. Tiffany will also assist the loan area in revisions and reports. During outreach events she helps to advise students and parents. Tiffany can be reached at Tiffany.Aronson@uni.edu or 319-273-6218.

2 FINANCIAL AID NEWS

Students and parents will be able to complete and file the 2017-2018 Free Application for Federal Students Aid (FAFSA) as early as October 1, 2016. The 2017-2018 FAFSA will be completed using 2015 calendar year income, the same income used for the 2016-2017 academic year. President Barack Obama took executive action to allow the use of prior-prior year (PPY) tax information on the FAFSA, a move long called for by the aid administrators and others in the higher education community. Using two-years prior tax information on the FAFSA (as opposed to one-year prior information) will increase the form’s accuracy and give families an earlier and more accurate idea of their anticipated financial aid and college costs. All students will be strongly encouraged to use the Internal Revenue Service (IRS) Data Retrieval Tool (DRT). The FAFSA data elements related to family assets, number of family members, number of family dependents enrolled in higher education full time, as well as other family information will need to be updated.

With the switch to PPY, students and families will be able to:

• File the FAFSA earlier. The FAFSA was made available January 1 of each calendar year, yet it is uncommon for a family or individual to be prepared to file an income tax return in the month of January. Under the new PPY system, the 2017-18 FAFSA will be available in October 2016, rather than January 1, 2017, and students can use the PPY’s completed income tax return.

• More easily submit a FAFSA. The IRS Data Retrieval Tool (DRT), which allows automatic population of a student’s FAFSA with tax return data and decreases the need for additional documentation, can be used by millions more students and families under PPY, since tax data from two-years prior would be readily available upon application.

• Receive earlier notification of financial aid packages. If students apply for aid earlier, colleges can in turn provide financial aid notifications to students earlier, ensuring that students and families have more time to prepare for college costs. Early notification also means more time for financial aid administrators to counsel students and families.

Institutional Considerations as a result of the early aid application:

• Finalizing Institutional Cost of Attendance. The tuition, fees, room and board charges are vital in preparing an accurate cost of attendance. Those amounts will need to be available much earlier.

• Changing the State date for sending 2017-2018 award notifications. Anticipated start date for awarding incoming new students is December 15, 2016.

• Developing Communication Strategies. Timely and accurate communication strategies to inform prospective students and their families; high school counselors and administration; state agencies involved in awarding state aid; community partners; currently enrolled students and their families; select faculty and staff in colleges, departments and administrative offices.

2

EARLY AID APPLICATION

Undergraduate Graduate All StudentsFirst-time, Full-time

FreshmenNew Transfers

Total Aid Disbursed $99,269,105 $13,259,411 $112,528,516 $21,482,030 $12,231,489

Percentage of Aid Disbursed 88% 12% 100%

Aid Recipients (Unduplicated) 9,364 1,237 10,601 1,789 1209

Resident 8,353 1,078 9,431 1,647 1119

Non-Resident 1,011 159 1,170 142 90

Percentage of Students Receiving Aid 92% 68% 89% 94% 86%

Average Aid Accepted $10,601 $10,710 $10,614 $12,008 $10,117

Median Expected Family Contribution $7,866 $177 $10,339 $6,376

Number of Students with No Financial Need

2,051 31 538 327

Median Student AGI $3,744 $14,248 $0 $6,516

Median Parent AGI $85,750 $88,534 $80,772

Percent with Gift Aid (Grants/Scholarships) 68% 50% 65% 84% 74%

Percent with Pell Grants 28% 28% 31%

Average Grant/Scholarship $5,335 $3,068 $5,075 $6,198 $3,364

Percent with Student Loans 61% 32% 56% 62% 64%

Average Student Loan $6,953 $12,780 $7,460 $6,326 $7,318

Average Parent Loan $8,579 $9,134 $8,193

Number of Parent Borrowers 1,334 340 169

Average Debt Upon Graduation $22,993 $21,924

Percent Employed on Campus 35% 23% 33% 37% 22%

10,2

00

10,5

69

10,9

78

11,0

56

11,2

88

10,9

84

10,2

87

10,5

71

10,4

99

10,6

02

2,06

0

2,04

0

1,93

0

2,02

4

1,91

3

2,18

4

1,98

6

1,58

8

1,42

9

1,37

9

12,260 12,609 12,908 13,080 13,201 13,168 12,273 12,159 11,928 11,981

83% 84% 85% 85% 86% 83% 84% 87% 88% 88%

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Receiving Aid Not Receiving Aid Total Enrollment

10,4

09

10,2

00

10,5

69

10,9

78

11,0

56

11,2

88

10,9

84

10,2

87

10,5

71

10,4

99

2,10

4

2,06

0

2,04

0

1,93

0

2,02

4

1,91

3

2,18

4

1,98

6

1,58

8

1,42

9

12,513 12,260 12,609 12,908 13,080 13,201 13,168 12,273 12,159 11,928

83% 83% 84% 85% 85% 86% 83% 84% 87% 88%

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

Receiving Aid Not Receiving Aid Total Enrollment

3FY16 FACTS

PERCENTAGE OF STUDENTS RECEIVING AID

2015-16 FACTS

Grants & Scholarships

35%

Loans 54%

Work Study 1%

Employment 10%

$10 $10 $11 $11 $11 $12 $12 $11 $11 $12

$25 $26 $29 $32

$37 $40 $39 $38 $37 $40

$74 $74 $76 $81 $81 $81

$76

$68 $65

$61

$-

$10

$20

$30

$40

$50

$60

$70

$80

$90

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

Millions

Student Employment Grants/Scholarships Loans

4 $112.5 MILLION IN AID

CATEGORIES OF FUNDSLoans . . . . . . . . . . . . . . . . . . . . . . . . . . . . $61,287,019Grants & Scholarships. . . . . . . . . . . . . . . . . . $39,791,881Employment . . . . . . . . . . . . . . . . . . . . . . . $10,768,628Work Study . . . . . . . . . . . . . . . . . . . . . . . . . .$680,988

SOURCE OF FUNDSFederal . . . . . . . . . . . . . . . . . . . . . . . . . . . $71,832,115Institutional . . . . . . . . . . . . . . . . . . . . . . . . $26,537,875 Private . . . . . . . . . . . . . . . . . . . . . . . . . . . . $7,801,779Foundation . . . . . . . . . . . . . . . . . . . . . . . . $4,644,950 State. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,711,797

Federal 64%

State 1%

Institutional 24%

Foundation 4%

Other Sources 7%

10 YEAR HISTORY

5FINANCIAL AID PROGRAMS

2014-2015 2015-2016*Number of

Awards Amount Mean*Number of

Awards Amount MeanTOTAL 39,387 $112,525,868 $2,857 35,278 $112,528,516 $3,190Institutional & Private Gift Aid 14,420 $23,155,343 $1,606 11,857 $24,230,287 $2,044Institutional Scholarships/Grants 8,446 $12,788,821 $1,514 7,898 $13,550,746 $1,716Corporate/Private Scholarships 5,662 $6,872,951 $1,214 3,642 $7,158,119 $1,965Athletic Scholarships 312 $3,493,571 $11,197 317 $3,521,422 $11,109Federal & State Grants 5,624 $16,625,485 $2,956 5,068 $15,561,594 $3,071Federal Pell Grant 2,850 $10,697,581 $3,754 2,811 $10,664,883 $3,794Supplemental Education Opportunity Grant 492 $461,066 $937 478 $424,452 $888TEACH Grant 541 $1,727,315 $3,193 403 $1,279,822 $3,176Other Federal Grant/Scholarship Programs 856 $1,644,321 $1,921 768 $1,509,176 $1,965All Iowa Opportunity Scholarship 51 $365,820 $7,173 47 $259,863 $5,529Iowa Foster Child Grant 9 $32,038 $3,560 10 $32,142 $3,214Iowa Grant 111 $89,726 $808 0 $0 $808National Guard 96 $503,762 $5,248 93 $461,070 $4,958Vocational Rehabilitation 144 $458,247 $3,182 144 $421,669 $2,928Commission for the Blind 3 $19,662 $6,554 3 $22,541 $7,514Gear Up 148 $336,156 $2,271 124 $263,644 $2,126.16Other State Grants 323 $289,791 $897 187 $222,332 $1,189Loans 14,959 $61,221,728 $4,093 13,995 $61,287,019 $4,379Federal Perkins 1,052 $1,810,025 $1,721 1,051 $1,997,332 $1,900Direct Loans 13,342 $55,770,767 $4,180 12,306 $55,183,498 $4,484Private Education Loans 565 $3,640,936 $6,444 638 $4,106,189 $6,436Employment 4,384 $11,523,312 $2,628 4,358 $11,449,616 $2,627Federal Work Study 451 $659,036 $1,461 452 $680,989 $1,507Graduate Teaching, Research Assistantships 333 $2,398,862 $7,204 311 $2,303,877 $7,408UNI Employment 3,600 $8,465,414 $2,352 3,595 $8,464,750 $2,355

*Number of awards NOT head count

65% (1,692)

74% (1,788)

85% (2,221)

89% (2,138)

26% (2,604)

24% (2,410)

10,142

10,169

2014-2015

2015-2016

All Undergraduate Students

1st Generation

1st Generation Receiving Aid

1st Generation with Need

Federal 64%

State 1%

Institutional 24%

Foundation 4%

Other Sources 7%

FIRST GENERATIONSTUDENTS

6 FINANCIAL AID PROGRAMS

Scholarships are coordinated by several offices, including Office of Financial Aid and Scholarships, Admissions and individual departments and colleges. The University Scholarship Application is the application used by students to apply for all undergraduate scholarships.

• 5,407 UNI Scholarship Applications submitted

• 979 different scholarship accounts

• 3,141 hometown scholarships

• 410 athletes reviewed for NCAA compliance

SCHOLARSHIPS BY SOURCEInstitutional . . . . . . . . . . . .$11,385,590Foundation . . . . . . . . . . . . $4,644,950Private . . . . . . . . . . . . . . . $3,462,529State. . . . . . . . . . . . . . . . . $1,683,261Federal . . . . . . . . . . . . . . . .$1,509,176

Grants are gift aid (no repayment required) generally awarded to undergraduate students who demonstrate financial need based on filing the FAFSA.

Federal Pell Grant . . . . . $10,664,883University Grants . . . . . . $4,737,218Federal TEACH Grant . . . . $1,279,822SEOG . . . . . . . . . . . . . . . $424,452

11,522 awards totaling $22.6 million 5,682 recipients

7,281 awards totaling $17.1 million 4,070 recipients

A TEACH grant becomes an Unsubsidized Loan when a student cannot fulfill the teaching obligation (e.g. changes majors from a high-need field of study, unable to teach in a low-income school, decides not to teach)

The University of Northern Iowa (UNI) has actively participated in the Federal Teacher Education Assistance for College and Higher Education (TEACH) Grant since its inception eight years ago. The program is designed for students planning to teach in a high-need field in a low-income school, and provides up to $4,000 per year, four years as an undergraduate student and two years as a graduate student. Since the program began, 1,576 UNI students have received more than $12.8 million. During FY16, 369 students took advantage of the program, totaling $1.2 million. Some of the high-need fields of study being pursued are Math, Sciences, Foreign Languages, TESOL, Technology Education, and Special Education. At the national level, UNI is the #8 public university in administering the TEACH Grant. The grant has played a vital role in providing access to higher education at UNI. Unlike the national trends, UNI students are fulfilling their TEACH Grant service obligations and/or paying the TEACH loan in full (see data below).

Data as of 9-2-2016 Head Count Percentage of Total

Currently With Grant (either in school or

working on teaching obligation)1068 67.8%

Completed Teaching Obligation 53 3.4%

Converted to Loan 325 20.6%

Paid Loan in Full 117 7.4%

Defaulted Loan 13 0.8%

Total Head Count 1576 100%

Contact the Office of Financial Aid and Scholarships at 273-2700 for more information about the TEACH Grant.

TEACH Grants!

If you’ll be teaching in a high-need field of study and in a low–income school, you need to know about:

Teaching Majors!

TEACH Grant recipients can receive up to $4,000/year for four years as an undergraduate and two years as a graduate.

To qualify for a federal TEACH Grant you must:• Be a U.S. citizen or eligible non-citizen• Complete the FAFSA • Score above the 75th percentile on college admissions test (ACT or SAT) or maintain a GPA of at least 3.25

• Be enrolled as an undergraduate (first B.A. only) or graduate• Be enrolled in coursework that is necessary to begin a career in teaching in an identified high-need field

• Be in a qualifying major or minor • Sign an agreement to teach full-time in a low-income school and in a high-need field for four academic years within eight calendar years after graduation

TEACHER EDUCATION ASSISTANCE FOR COLLEGE AND HIGHER EDUCATION GRANT

2016-2017Undergraduate UNI Major & Minor Codes that qualify for TEACH Grant consideration21B *Basic Science (K-8)21I *Mathematics (K-8)22J *Instructional Strategist22K *Early Childhood Special Education22T *Teach Students With Visual Impairments

33K Technology & Engineering Education33Y *Technology Education-Teaching629 ^Teach English to Speakers of Other Languages692 TESOL/French694 TESOL/German

697 TESOL/Russian698 TESOL/Spanish780 ^Spanish800 ^Mathematics82J Middle/Junior High School Science82A All Science Teaching844 ^Biology865 Chemistry870 ^Earth Science880 Physics88H Physics Teaching - Honors Research

Graduate UNI Major Codes that qualify for TEACH Grant consideration21Q Literacy Education22S Special Education241 Teacher/Students With Visual Impairments242 Special Education: Field Specialization244 Special Education: Career/Vocational Programming & Transition353 School Library Studies62T Teaching English to Speakers of Other Languages

696 TESOL/Spanish78T Spanish: Teaching Emphasis80A Math for Middle Grades (4-8)80K Mathematics: Secondary821 Science Education

827 Science Education: Earth Science Education828 Science Education: Physics Education

*Indicates Minor only ^Indicates Major or Minor

TEACH GRANTSCHOLARSHIPS

GRANTS

7IMPACTING LIVES

The number of UNI graduates that take advantage of the TEACH Grant grows each year. Our students are making an impact in high-need schools every day. Read on for highlights from two UNI graduates.

TEACH GRANT RECIPIENTS

ERIN HARRITYYEAR GRADUATED: 2013

HOW MANY YEARS I RECEIVED THE TEACH GRANT: 2 years

MAJOR/MINOR: English Teaching

HOW LONG I’VE BEEN TEACHING: 4 years

WHERE I TEACH: Denver Middle School

WHAT I TEACH: 6th Grade English/Language Arts & 6th Grade English Enrichment

HOW THE TEACH GRANT HELPED ME: The TEACH Grant helped me to not worry as much about my college expenses, let me work less hours and spend more time focusing on my studies and field experiences.

WHAT I WOULD TELL OTHERS ABOUT THE TEACH GRANT: The TEACH Grant is an excellent tool in helping you pay for your college education, and I would highly recommend getting it!

SAM BROWNYEAR GRADUATED: 2014

HOW MANY YEARS I RECEIVED THE TEACH GRANT: All 4 years I was able to

MAJOR/ MINOR: Spanish Teaching major with a minor in Coaching

HOW LONG I’VE BEEN TEACHING: I am just starting my second year of teaching

WHERE I TEACH: Nashua-Plainfield High School

WHAT I TEACH: Spanish and Leadership

HOW THE TEACH GRANT HELPED ME: The TEACH Grant program was an enormous help to me because it was money I received for something I was already studying! I was able to attend college for $16,000 less than if I wouldn’t have gotten the TEACH Grant, and that’s a huge help! I am so thankful that this program exists and I want to make sure that more people are able to take advantage of it!

8

FINANCIAL AID PROGRAMS8

Federal Work Study (FWS) is funded 75% by the federal government and 25% by the institution. Awards are based on financial need. FWS includes the Federal Community Service Learning (CSL) component. CSL allows students to work at various community nonprofit agencies dedicated to improving community living. Students are paid through UNI. The nonprofit organizations handle 25% percent of the earnings. The program is available in the fall and spring semesters only.

STUDENT EMPLOYMENT TYPES$11,449,616 earned by 3,942 studentsDepartmental Employment * . . . . . . . . . . . . $8,464,750Graduate Assistantships . . . . . . . . . . . . . . . $2,303,878Federal Work Study . . . . . . . . . . . . . . . . . . . $680,988

*Departmental Employment is available to students regardless of financial need and paid entirely by the hiring department.

Undergraduate Student Employment Averages• Average hours worked per week . . . . . . . . . . . . . . . . 8.8 hrs.• Average wage per hour . . . . . . . . . . . . . . . . . . . . . . . $8.16• Average wages earned per academic year . . . . . . . . . . $2,377

Federal Direct Unsubsidized . . . . . . . . . . $26,528,349Federal Direct Subsidized . . . . . . . . . . . . $16,929,195Federal Parent Loan (PLUS) . . . . . . . . . . . $11,443,874Private Education Loan . . . . . . . . . . . . . . . $4,106,189Federal Perkins . . . . . . . . . . . . . . . . . . . . $1,997,332Federal Graduate PLUS Loan . . . . . . . . . . . . $282,080

Percent of Undergraduates GraduatingWith debt . . . . . . . . . . . . . . . . . . . . . . . . . . 69.6%Without debt . . . . . . . . . . . . . . . . . . . . . . . . 30.1%

Undergraduate Student Loan IndebtednessAverage . . . . . . . . . . . . . . . . . . . . . . . . . . $22,993Median . . . . . . . . . . . . . . . . . . . . . . . . . . . $22,432

0%

20%

40%

60%

2006-07

2009-10

2012-13

2015-16

Percentage of Work Study Dollars Used for CSL

13,995 awards totaling$61.2 Million6,761 recipients

0%

5%

10%

15%

2.9%

11.9% 11.3%

7.3%

Three-Year Default Rate

UNI

STATE

NATIONAL

PUBLIC 4-YR

LOANS

FEDERAL WORK STUDY

9STUDENT LOAN INDEBTEDNESS

IOWA’S MOST AFFORDABLE UNIVERSITY WITH $22,993 AVERAGE DEBT AT GRADUATIONBreaking away from national trends in student borrowing, the University of Northern Iowa has seen its average student loan indebtedness decrease by 10.7% over the past seven years. The average UNI undergraduate student now graduates having borrowed $22,993, down from $25,735 in 2010. The overall decline in borrowing can be attributed to: additional private loan counseling, TEACH Grant recipients, financial literacy efforts, and more students completing degree programs in four years.

PRIVATE LOAN COUNSELINGIn 2007-08, the Office of Financial Aid & Scholarships started one-on-one counseling for students seeking private loans. Private education loan borrowing has decreased from $15.3 million in 2007-08 to $4.1 million today (73% decrease). The average private education loan debt upon graduation is $15,896 compared to $17,892 in 2009-10 (11% decrease). The number of students borrowing private education loans has also decreased; 167 students graduated with private education loan debt compared to 597 in 2009-10 (72% decrease).

$23

$24 $24

$26 $26

$24

$23 $23

$22

$23

20

21

22

23

24

25

26

27

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

$22,541 $24,176 $24,123 $25,735 $25,523 $23,575 $23,151 $23,163 $22,313 $22,993

Thou

sand

s

$2,742 (10.7%) decrease in debt since 2010

Loan Indebtedness

15.1 15.3

7.4

3.9 3.0 3.0 3.4 3.7 3.6 4.1

$0

$2

$4

$6

$8

$10

$12

$14

$16

$18

2007 2010 2013 2016

Mill

ions

Private Education Loan History

Financial Literacy

Private Loan Counseling

TEACH Grants

15 Credits per Term

Lower Debt

10

PROCESSSING AND ADVISING10

FACTsLEARN THE

Want to earn a scholarship while learning

the FACTs about your finances? The Federal Student Aid has recently developed the Financial Awareness Counseling

Tool (FACT) to assist students with managing finances and understanding student loans.

The FACT is a comprehensive online resource providing students with basic money

management tools, information about existing student loans and assistance with

loan balances and repayment options (using future earning potential).

The UNI Office of Financial Aid and Scholarships is offering

TWO $500 SCHOLARSHIPS to two students who complete

the FACT. To be eligible, please complete the FACT at

www.studentloans.govDEADLINE: FRIDAY, APRIL 24, 2015 AT 5 P.M.Steps to complete the FACT:

1. Sign in to www.studentloans.gov. (You will need your FAFSA PIN.)

2. Click “Complete Counseling.”3. Select “Start” under Financial Awareness Counseling.*To officially be entered into the contest, you must add

the University of Northern Iowa as the school to notify of

completion.

Winners will be drawn the week of April 27 and the $500 prize will be added to your

Financial Aid Award Notification as a scholarship.

Office of Financial Aidand Scholarships

Office of Financial Aidand Scholarships

Office of Financial Aidand Scholarships

Office of Financial Aidand Scholarships

Office of Financial Aidand Scholarships

Office of Financial Aidand Scholarships

Once a student completes the Free Application for Federal Student Aid (FAFSA), results are transmitted electronically to the university. Verification is completed on files identified by the federal processor and any applicant with special situations. Typically 90% of initial awards are made by the first day of the fall semester. Revisions and aid adjustments continue throughout the academic year.

• 11,180 FAFSA applications

• 19,455 FAFSA transactions

• 2,463 applications selected for verification

• 10,229 students offered aid

• 10,602 students with paid aid

• 10,198 award revisions (e.g. additional aid, loan adjustments)

• 13,918 documents requested with 11,826 submitted

• 132 requests for aid adjustments due to unusual circumstances. Primary situations:

• 20 with medical issues

• 71 with natural disaster/loss of income

• 1,965 students awarded summer aid

• 341 student records reviewed for return of Title IV aid or repeated coursework

• 126 students completing consortium agreements for aid eligibility

Financial Aid 2016-17

REFERENCE AND RESOURCES GUIDE

ACADEMIC PROGRESSTo comply with federal regulations, all federal aid recipients must maintain satisfactory academic progress (SAP). Students who fail to meet specified standards are suspended from financial aid eligibility.

• 1,082 students suspended from aid

• 248 appeals reviewed

FINANCIAL AID ADVISINGStudent employees handle the majority of the telephone calls, reception visits and emails.

• 22,171 telephone calls to the general office number

• Roughly 6,000 reception visits

• Approximately 5,102 emails answered on published email address

• 2,000+ scheduled counseling appointments (does not include walk ins)

WEB STATS Top five financial aid web pages with the most unique page views:

1. Scholarships. . . . . . . . . . . . . . . . . . . . . . . . . . . 40,9112. Reference & Resource Guide . . . . . . . . . . . . . . . . 16,1653. Incoming Freshmen Aid . . . . . . . . . . . . . . . . . . . 4,5594. Loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,3525. Grants. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,565

WEB ADVISING TOOLSThe Office of Financial Aid and Scholarships website provides an overview of all financial aid programs and opportunities for students and their families.

The Net Price Calculator is a valuable planning tool for prospective students to learn more about their potential cost of attendance at UNI. By following a few simple steps, a family can gain an estimated net cost to attend UNI. The Reference & Resource Guide provides the most comprehensive printable resource available to students and parents. It is included as a link within all award notifications and is available on the website throughout the year. How Much Aid to Accept is a budgeting worksheet designed to assist students in determining how much aid they should accept from their award notification. This tool allows users to consider all family contributions and gift assistance prior to borrowing student loans. The Student Loan Management Site provides links to federal loan balances, loan repayment estimator, loan servicer information and the FACT tool. The Financial Awareness Counseling Tool (FACT) is an extremely effective tool which provides information to help students understand their financial aid and help manage their

AID PROCESSING

11SAMPLE AID PACKAGES

The following are financial aid packages for full-time, Iowa resident, dependent students. Families might receive more or less aid than shown, depending on their financial circumstances. EFC refers to Expected Family Contribution as determined by the completion of the Free Application for Federal Student Aid (FAFSA).

FAMILY INCOME FROM $30,000 TO $60,000

1,026 students had family incomes from $30,000 to $60,000. For families in this income range, the mean EFC was $3,614 and the median EFC was $2,172.

FAMILY INCOME <$30,000

543 students had family incomes of less than $30,000. For families in this income range, the mean EFC was $583 and the median EFC was $0.

FAMILY INCOME FROM $60,000 TO $90,000

1,341 students had family incomes from $60,000 to $90,000. For families in this income range, the mean EFC was $9,746 and the median EFC was $7,684.

2015-16 COST OF ATTENDINGTuition/Fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . $7,818Room/Board . . . . . . . . . . . . . . . . . . . . . . . . . . $8,320Books/Supplies . . . . . . . . . . . . . . . . . . . . . . . . . . .$900Personal Expenses/Transportation . . . . . . . . . . . . .$2,100TOTAL . . . . . . . . . . . . . . . . . . . . . . . . . . . $19,138

35%

29%

10%

26%

Contribution to Total Cost

Grants/Scholarships… $6,755 Student Loans . . $5,500 Student Work . . $2,000 Parent Loan/Other Resources . . $4,883

23%

29% 10%

38%

Grants/Scholarships… $4,419Student Loans . . $5,500 Student Work . . $2,000 Parent Loan/Other Resources . . $7,219

Contribution to Total Cost

46%

29%

10%

15%

Contribution to Total Cost

Grants/Scholarships… $8,730 Student Loans . . $5,500 Student Work . . $2,000 Parent Loan/Other Resources . . $2,908

12

12 FINANCIAL LITERACY EXPANDING

TRANSFER FINANCIAL SUCCESS COUNSELINGGiven the particular challenges identified relative to financial aid for transfer students, the Office of Financial Aid and Scholarships has undertaken a pilot initiative involving mandatory face-to-face counseling with all new transfer students. Students sign up for counseling at orientation. Any students who do not sign up at orientation are contacted. Counseling sessions are held by professional staff, peer counselors, and graduate assistants. The sessions cover, but are not limited to, budgeting, pitfalls to avoid, action items, resources, and important loan information. Depending on the impact of the effort, it will be considered for full and continued implementation.

Transfer Financial

Success Counseling

Sign up during orientation or

at the Office of Financial Aid

& Scholarships within the

first two months at UNI.

Scholarship drawings are

held for participants.

Office of Financial Aid

and Scholarships

Office of Financial Aid

and Scholarships

Office of Financial Aid

and Scholarships

Office of Financial Aid

and Scholarships

Office of Financial Aid

and Scholarships

Office of Financial Aid

and Scholarships

30 MINUTE APPOINTMENT INCLUDES:

• Budgeting Tips

• How to Avoid Financial Pitfalls

• Must-Have Resources

• Ins-and-Outs of Student Loans

• Important “To-Dos”

A required session for ALL new transfer students with

a financial aid counselor.

New

THE MONEY GAME 13

ADAM CARROLL ON THE MONEY GAMEAdam Carroll, motivational speaker and co-author of Winning the Money Game, delivered an excellent message to 150 students, faculty and staff. The goal is to change the way students look at money by openly, candidly and honestly talking about the subject still largely considered taboo. Adam believes that by learning and understanding the “rules”, you can win the game we all play with money.

14 FINANCIAL LITERACY

When they started their graduate assistantships in the Office of Financial Aid & Scholarships in fall 2014, neither Jenny Lynes nor Kris Czerwiec had worked previously in financial aid. Both were beginning their graduate studies in the Postsecondary Education: Student Affairs master’s program here at UNI. “I was excited for this new opportunity to help support students, especially since financial aid and financial literacy can be a confusing subject for students and their families,” said Lynes. Lynes, a 2014 Wartburg College History Education graduate, had experience in Admissions and Orientation as an undergraduate and originally planned to teach upon graduation. However, her experiences in college and influence from family encouraged her to choose a career in higher education. Czerwiec, a 2013 UNI Psychology graduate, was going to study Clinical Psychology in graduate school before falling into this field.

From their first day in the office, Lynes and Czerwiec jumped head first into their new roles as Financial Literacy Outreach Coordinators. One of their major tasks was teaching Live Like a Student (LLS), a free, non-credit financial literacy course offered to all students at the University. Students taking the course learn about budgeting, financial aid, credit, credit cards, and identity protection. Czerwiec explained how they try and make the class fun for students through daily check-ins through Kahoot!, a game-based application, stories from their own personal experiences, and videos. “Budgeting and the topic of money in general can be a difficult conversation for some students, so we try to create a fun atmosphere while reviewing credit reports

and highlighting key information about protecting one’s financial information.” The highlight was when students in their class signed up due to a good recommendation from a friend who previously took Live Like a Student. “I had students tell me that their friend had taken LLS the previous session and had really enjoyed it. It was very fulfilling knowing students were sharing what they had learned in class with their friends and encouraging their friends to take it,” said Lynes. Over the past two years, Lynes and Czerwiec have had over 2,200 contact hours with students through teaching Live Like a Student. “It has been rewarding to help students learn how to manage their money and prepare for their financial futures while in college,” Lynes said. “While they might not fully appreciate the information and skills they learned in the class right now, it will definitely benefit them throughout their college and professional careers.” Czerwiec, who was a nontraditional student, always made sure to mention in his courses how he wished he had taken LLS as an undergraduate student at UNI and that what they learn in the course will set them up for future success wherever their journeys may take them. “No matter what field of study students select in college and what field of work they enter into post-college, students will leave UNI with the tools to help them be successful,” said Czerwiec.

Besides teaching Live Like a Student, Lynes and Czerwiec also organized programs throughout the school year to provide additional financial literacy information to UNI students. The events they planned included University Scholarship Application workshops, Holidays on a Budget

Teaching the way to “live within your means”

15GRADUATE ASSISTANT SUCCESS

presentations, and mini sections of LLS classes. Just weeks before graduating with their master’s degrees, Lynes and Czerwiec even developed a new presentation for undergraduate seniors preparing to graduate from UNI and begin their professional careers titled “Adulting – Financial Life After College.” The first offering of it was filled with students with questions related to comparing job offers, understanding one’s benefits, preparing for their move, and understanding how to budget to ensure savings. “I had several students come up to me after the class and ask to schedule a budgeting appointment with me before graduation. They wanted to be prepared for the next step in their lives, specifically the financial aspect of moving to a new city and starting their careers,” Lynes said. “I hope the Office of Financial Aid & Scholarships continues to grow this new program because I believe it will be incredibly helpful for graduating seniors.”

The culmination of their work every year was Financial Literacy Month in April. According to Czerwiec, “It is a great part of the financial literacy agenda that we help push, and it enables us to have all of the things we worked towards throughout the year culminate into one event.” Programs they organized for Financial Literacy Month the last two years included a financial wellness trivia game that was the result of a partnership between the Office of Financial Aid & Scholarships and Student Wellness Services, and scholarship drawings for students who completed Financial Awareness Counseling online. Adam Carroll, a UNI graduate and author of Winning the Money Game, came to campus the last two years to speak to the UNI and Cedar Valley community on how they could make their money work for them and educate themselves on financial decisions they will be making, like buying a house or paying off student loans. This year, Lynes and Czerwiec created

and organized the inaugural Panthers Achieving Financial Success Conference at the beginning of April. The conference was aimed at both students and faculty and staff members with sessions on the psychology of money, what students should know about their first job, and how to shape one’s retire-mentality. “After months of planning and preparing for the event, I was excited for this new opportunity for the UNI community. We mainly focus on students with our financial literacy programs, but we were able to engage faculty and staff members from across campus with the conference,” Lynes explained. “In the future, I believe the next graduate assistants will be able to further develop this event and continue to bring in individuals who we do not always reach during the rest of the academic year.” Lynes and Czerwiec have had many wonderful experiences over the last two years while working in the office. For Czerwiec, his favorite part has been connecting with students and helping them learn and grow. “We are the frontline when it comes to financial literacy, and by working so closely with students on a daily basis, it allowed me to observe firsthand the positive effects our office can bring,” Czerwiec said. For Lynes, she has loved bringing the knowledge and tools she has gained through her work with financial literacy to other positions on campus, from Student Disability Services to Student Support Services. “I always like to compare financial literacy to a second language. Not everyone is fluent in it, so the rewarding part of my job is taking what I have learned and helping both students but also staff members in other departments at UNI better understand it,” Lynes explained. “I have been able to incorporate financial literacy into conversations I have had with students, even when the meetings originally were focused on developing academic goals or

creating a Plan of Study. Financial literacy can connect to every aspect of a student’s experience in college.”

As they prepare for their professional careers after graduate school, Lynes and Czerwiec are excited to bringing their experiences as Financial Literacy Outreach Coordinators to their new positions. Lynes is the Program Assistant in Student Disability Services here at UNI, while Czerwiec has moved to Omaha to be the Director of Student Leadership & Organizations at the College of St. Mary. They both will miss the wonderful student employees and staff members they had the privilege of working with during their tenure. “I had the pleasure of working with outstanding and knowledgeable staff that assisted me in learning and being successful in my role here. I will take that with me in my next role, knowing that success is measured by the assistance of those around you as well as your own personal drive,” Czerwiec said. “I have grown immensely as a student affairs professional due to the support I was given by my supervisor, Tim Bakula. He saw the potential Kris and I had when we first started and provided opportunities for the two of us to develop into the professionals we want to be in our careers,” Lynes explained. “I am grateful to have worked with Tim and Kris the last two years, and I will miss them when I start my new position.” The real reward for Lynes and Czerwiec has been working with a team of professionals always dedicated to doing what they can to help UNI students be successful. Czerwiec summed it up by saying, “The staff here has helped not only myself succeed, but they do their best to assure that every student that comes in to the office succeeds as well.”

Jenny and Kris did a remarkable job for the Office of Financial Aid and Scholarships and will be greatly missed! However, what they have created and have done for financial literacy will live on. They are two amazing individuals!

16

16 FRESHMEN SCHOLARSHIPS

The following are awarded at the time of admission and do not require a separate application.

Institutional Scholarships Annual Award Eligibility Criteria

Out-of-State Legacy Scholar Award• Available to new graduates from an out-of state

high school for four years• Must maintain out-of-state residency for continued

eligibility• Renewable with a college GPA of 2.5 or above

$1,000 • Must be a non-resident of Iowa• Must have a parent, grandparent or sibling who graduated from UNI or a

sibling currently enrolled at UNI• Must answer “yes” to question on Application for Admission regarding

parent, grandparent or sibling

Out-of-State Good Neighbor Award• Available to new graduates from specified out-of-

state counties for four years• Renewable with a college GPA of 2.5 or above

$2,500 • Must reside in one of the Illinois counties of Jo Daviess, Carroll, Whiteside, Henry or Rock Island

• Must maintain Illinois resident status

Distinguished Scholars AwardThree levels: $1,000, $1,500 or $2,000 (annually)

• Must be an Iowa resident• Must be a new high school graduate• If applicants do not meet the minimum GPA

and test score, they can qualify for the $1,000 level with a RAI score of 320 or higher

Multicultural Scholars Award*Three levels: $1,000, $1,500 or $2,000 (annually)

• Must be a new high school graduate• Requires ethnic or racial status of African

American/Black, Hispanic/Latino/Spanish, Alaskan Native or American Indian, Asian, Native Hawaiian or other Pacific Islander

• If applicants do not meet the minimum GPA and test score, they can qualify for the $1,000 level with a RAI score of 290 or higher

Out-of-State Scholars AwardThree levels: $1,000, $2,000 or $3,000 (annually)

• Must maintain out-of-state residency for continued eligibility

• Must be a new high school graduate• If applicants do not meet the minimum GPA

and test score, they can qualify for the $1,000 level with a RAI score of 320 or higher

SCHOLARSHIP CRITERIA Applicants applying directly from high school for fall 2017 will be automatically considered for these four year scholarships:

GPA

4 3.9 3.8 3.7 3.6 3.5 3.4 3.3 3.2 3.1 3.03635343332313029282726252423222120

ACT

COM

POSI

TE

$2,000($8,000 total)

$1,500($6,000 total)

$1,000($4,000 total)

4 3.9 3.8 3.7 3.6 3.5 3.4 3.3 3.2 3.1 3.03635343332313029282726252423222120

ACT

COM

POSI

TE

$3,000($12,000 total)

$2,000($8,000 total)

$1,000($4,000 total)

GPA

ACT

COM

POSI

TE

4 3.9 3.8 3.7 3.6 3.5 3.4 3.33635343332313029282726252423

$2,000($8,000 total)

$1,500($6,000 total)

$1,000($4,000 total)

RAI = Regents Admission Index. See www.uni.edu/admissions and click on New Freshmen Admission Requirements.

Admitted students who have been recognized as a semifinalist or finalist with National Merit or National Achievement scholarship competitions or a National Hispanic Scholar are eligible for the top level awards for the Distinguished Scholars Award, Multicultural Scholars Award, and/or the Out-of-State Scholars Award. Students must notify the Office of Admissions and submit official documentation of their status with these organization(s).

*Must be a U.S. citizen or permanent resident.

17FRESHMEN SCHOLARSHIPS

The following require completion of the UNI Scholarship Application or specific website as listed.

Presidential Scholar Award• Renewable with a college GPA of 3.5 or above• 20 awards• Four year award

$8,000 • Must meet two of the following three criteria:1. ACT composite of 29 or higher

(SAT EWR+M of 1340 or higher) 2. GPA of 3.80 or higher3. National Merit Semi-Finalist

• Selection based on campus interview

Bright Scholars of Iowa• Renewable with a college GPA of 2.5 or above

Tuition & fees, room & board and books

• Must rank in the top 10 percent of high school graduating class, or RAI of 299 or above, or composite ACT of 28 or above

• Commitment to learning and community service• Must demonstrate success in face of adversity• Must qualify for Federal Pell Grant• Priority to a child for whom neither parent has earned a four-year college degree

UNI Residents of Iowa Excellence Award (UNI RISE Award)• 25 Awards• Four year award• Renewable

• Full-time, consecutive enrollment at UNI• A minimum 2.5 cumulative GPA

$4,000 • Be an Iowa resident entering UNI directly from high school.• Have an ethnic or racial status of African American/Black, Hispanic/Latino, Alaskan

Native or American Indian, Asian, Native Hawaiian or other Pacific Islander.• Have an ACT composite score of 23 or higher, or SAT EWR+M of 1140 or higher

(Students who do not meet the ACT or SAT score may be considered if they have a Regents Admissions Index (RAI) score of 290 or higher).

• Demonstrated involvement in activities outside of the classroom, which could include community service, and display leadership or potential for future leadership.

• Apply for admission and submit the UNI Scholarship Application by January 15.

Note: Preference will be given to students who demonstrate financial need as determined by the FAFSA, and/or first-generation students. $2,000 to be applied towards summer tuition during one summer term at UNI. The summer would be optional to students, and could be used for summer study abroad.

Ben and Pat Allen Scholarships $4,000 • Minimum of 2.5 high school GPA• Preference to Iowa residents

COLLEGE OF BUSINESS ADMINISTRATION (CBA)

CBA Scholars Awards $500 to $7,000 • Plan to major in one of the CBA degree programs• ACT of 27 or higher on both math and composite scores

COLLEGE OF EDUCATION (COE)

COE Scholarships $3,000 to $5,000 • Plan to major in one of the COE degree programs• ACT of 26 or higher and rank in top 25% of high school graduating class

COE Dean’s Teacher of Color Scholar Awards $4,000 • Plan to major in one of the COE degree programs• Ethnic or racial status of African-American/Black, Hispanic/Latino, Alaskan

Native or American Indian, Asian, Native Hawaiian Pacific Islander or blended heritage

• Minimum ACT of 23 or SAT EWR+M of 1140 or RAI of 290 or above

Benjamin J. Allen Teacher Education Scholar Awards

Up to in-state tuition • Plan to major in one of the COE degree programs• Minimum ACT of 26• Iowa resident

Strottman Scholarship• One new student each year is selected• Renewable each year criteria are met

$10,000 • Preference given to incoming freshmen from Northeast Iowa* who demonstrate financial need

• Major in Elementary Education• Have an ACT score of 26 or greater OR RAI of 325 or greater• Must be involved in extracurricular activities, which may include volunteer service• Provide two references; these may be school personnel and/or UNI alumni• Must complete an essay on why he/she is interested in pursuing a degree in

Elementary Education• Must maintain a minimum number of 30 credit hours for the academic year

*Includes Allamakee, Black Hawk, Bremer, Buchanan, Butler, Cerro Gordo, Chickasaw, Clayton, Delaware, Dubuque, Fayette, Floyd, Franklin, Grundy, Hardin, Howard, Mitchell, Winneshiek and Worth

NOTE: Most scholarships are renewable, offer letter will contain details.

Departmental scholarships are

competitive. Awards are determined by committee review.

18

18

COLLEGE OF HUMANITIES, ARTS AND SCIENCES (CHAS)

Dean’s Scholarships Up to $6,000 • Minimum ACT of 27• Rank in the upper 15% of high school graduating class• Plan to major in one of the following: Art, Communication Studies,

Communication Sciences & Disorders, Languages & Literatures, Music, Philosophy & World Religions or Theatre

Art Scholarships Up to $6,000 • Portfolio review; visit the UNI Scholarship Application for details

School of Music (SOM) Scholarships Up to $6,000 • Admission to the SOM; visit the UNI Scholarship Application for details

Theatre Activity Scholarships Up to $2,500 • “B” average or rank in upper 30% of high school graduating class

• See UNI Scholarship Application for details

Science Technology & Mathematics Scholarships

Up to $8,000 • Plan to major in one of the following: Biology, Chemistry & Biochemistry, Computer Science, Earth Science, Technology, Mathematics or Physics

James E. Kercheval Memorial Scholarships $5,000 to $8,000 • Serious interest in pursuing a major in Chemistry or Biochemistry

COLLEGE OF SOCIAL AND BEHAVIORAL SCIENCES (CSBS)

CSBS Scholar Awards Up to $6,000 • Academic achievement• Plan to major in one of the CSBS degree programs

CSBS Multicultural Scholar Awards $500 to $5,000 • Underrepresented racial, cultural or ethnic background• Plan to major in one of the CSBS degree programs• Academic achievement• Financial need may be considered

Alderman Scholarships Up to $6,000 • Good academic standing• Plan to major in one of the CSBS degree programs• Awarded to needy, worthy and appreciative students who have experienced difficulties

STATE OF IOWA AWARDS

All Iowa Opportunity Scholarship• Awards prorated for less than full-time enrollment• One year award

Up to the average tuition and fees at Iowa’s Regent

Universities

• Must complete the FAFSA and Iowa Financial Aid application• Demonstrate high level of financial need

All Iowa Opportunity Foster Care Grant• Awards prorated for less than full-time enrollment

Please visit www.iowacollegeaid.gov for

amounts

• In a licensed foster care placement under a court order as described in Iowa Code chapter 232 under the care and custody of the Department of Human Services or Juvenile Court Services on the date the youth reached the age of 18 or during the 30 calendar days before or after that date;

• Under court order under Iowa Code chapter 232 to live with a relative or other suitable person on the date the youth reached the age of 18 or during the 30 calendar days before or after that date;

GEAR UP Iowa Scholarship• Awards prorated for less than full-time enrollment

Please visit www.iowacollegeaid.gov for

amounts

• United States citizens or nationals, or• U.S. permanent residents or other eligible noncitizens (as stipulated for Federal Student Aid

Eligibility).• Enrolled or planning to enroll at least part-time (3 hours minimum) in a Title IV-eligible

United States citizens or nationals, or diploma, certificate, associate or undergraduate degree program at an institution of higher education.

• File a Free Application for Federal Student Aid (FAFSA).• Be under the age of 22 the first time they receive a GEAR UP Scholarship award. • Students must be making Satisfactory Academic Progress (SAP) as defined by college or

university standards. • Students can’t be in default on Federal Family Education Loans, Federal Direct Student

Loans, Perkins/National Direct/National Defense Student Loans or any other federal student loans, or owe repayment on any Title IV assistance.

Education and Training Voucher• Awards prorated for less than full-time enrollment

Please visit www.iowacollegeaid.gov for

amounts

• In a licensed foster care placement under a court order as described in Iowa Code chapter 232 under the care and custody of the Department of Human Services or Juvenile Court Services on the date the youth reached the age of 18 or during the 30 calendar days before or after that date;

• Under court order under Iowa Code chapter 232 to live with a relative or other suitable person on the date the youth reached the age of 18 or during the 30 calendar days before or after that date;

• In a licensed foster care placement under an order entered under Iowa Code chapter 232 prior to being legally adopted after reaching the age of 16; or,

• In a court-ordered Subsidized Guardianship after the age of 16• Must complete the FAFSA and Iowa Financial Aid application

Music scholarships

have early deadlines!

18 FRESHMEN SCHOLARSHIPS

19TRANSFER SCHOLARSHIPSTRANSFER SCHOLARSHIPS

The following are awarded at the time of admission and do not require a separate application.Priority is given to students admitted by March 1. Any remaining allocations will be awarded on a first-come, first served basis.

Institutional Scholarships Annual Award

Eligibility Criteria

Transfer Scholar Award• Available for one year

$1,000 • Must have 30 transferable hours (after high school graduation) with minimum 3.25 GPA or above

*Phi Theta Kappa (PTK) Award• Available to transfers for two years• Renewable for one year with a college GPA of 3.0 or above

$1,000 • Member of or will be inducted into the Phi Theta Kappa International Honor Society at the community college

• Must have earned 30 transferable hours (after high school graduation) with a minimum 3.5 GPA

*Phi Theta Kappa (PTK) All-Iowa Academic Team Award• Renewable for one year with college GPA of 3.0 or above

$2,000 • Send copy of your All-Iowa Academic Team award certificate or confirmation letter to: UNI Office of Admissions

002 Gilchrist HallCedar Falls, IA 50614-0018

*PTK All-USA Academic Team Award• Available to transfer students for two years• Renewable for one year with a college GPA of 3.0 or above

$5,000 • Send copy of your All-USA Academic Team award or Coca-Cola All-State Team certificate/confirmation letter to:

UNI Office of Admissions002 Gilchrist HallCedar Falls, IA 50614-0018

*Not awarded in combination Phi Theta Kappa (PTK) Award, Phi Theta Kappa (PTK) All-Iowa Academic Team Award, and All-USA Academic Team. Note: All PTK awards may be combined with the Transfer Scholar Award.

Out-of-State Legacy Scholar Award• Must maintain out-of-state residency for continued eligibility• Renewable for one year with a college GPA of 2.5 or above

$1,000 • Must be a non-resident of Iowa• Must have a parent, grandparent or sibling who graduated from UNI or a sibling

currently enrolled at UNI• Must answer “yes” to question on Application for Admission regarding parent,

grandparent or sibling

Out-of-State Good Neighbor Award• Available to transfers from specified out-of-state counties• Renewable for one year with a college GPA of 2.5 or above

$2,500 • Must reside in one of the Illinois counties of Jo Daviess, Carroll, Whiteside, Henry or Rock Island

• Must maintain Illinois resident status

Multicultural Scholar Award• Renewable for one year with a college GPA of 2.5 or above

$2,000 • Requires ethnic or racial status of African American/Black, Hispanic/Latino/Spanish, Alaskan Native or American Indian, Asian, Native Hawaiian or other Pacific Islander

• Must be U.S. citizen or permanent resident• Must have 30 transferable hours (after high school graduation) with minimum

3.0 GPA or above

Scholarships are awarded for an academic year (fall and spring). College scholarships have a January 15th deadline unless noted otherwise.

The following scholarships require completion of the UNI Scholarship Application or specific website as listed.

Roy J. Carver Scholarship• Apply at carvertrust.org• Students of all majors can apply

$5,200 • Sophomore students attending an Iowa community college• Must be a junior at UNI in the fall semester of the award year• Full time enrollment• Must be a U.S. Citizen and have graduated from an Iowa high school or have

been an Iowa resident at least 5 consecutive years prior to application• Must demonstrate financial need• Minimum 2.8 GPA

UNIBusiness Transfer Scholarship• Apply through the UNI Scholarship Application• Renewable with a college GPA of 3.0 or above• Must be UNIBusiness student

$1,000 • Top five incoming transfer students based on current GPA• Must maintain 3.0 GPA• Must take ALEKS test upon admission• Must be a declared business major

CSBS Transfer Scholarship $1,000 • Preference to declared majors within College of Social and Behavioral Sciences

• Must have 30 credits• Renewable for one year with college GPA of 3.0 or higher

20

20 GRANTS

Grants Annual Award Eligibility Criteria

Federal Pell Grant• Awards prorated for less than full-time enrollment• Future eligibility based on upcoming year FAFSA results• Maximum Lifetime Eligibility Use (LEU) of 600%.

(One scheduled award is equal to 100%)

Up to $5,815

• An EFC of 5,234 or less as determined on the FAFSA• U.S. citizen or eligible non-citizen• Undergraduate working towards first bachelor’s degree

Federal Supplemental Educational Opportunity Grant• Awards prorated for less than full-time enrollment• Future eligibility based on upcoming year FAFSA results and

availability of funding

$1,000

• An EFC of 1,000 or less as determined on the FAFSA• U.S. citizen or eligible non-citizen• Undergraduate working towards first bachelor’s degree• Funds limited, awarded on first-come, first-serve basis

Federal TEACH Grant• Awards prorated for less than full-time enrollment• Renewable with 3.25 GPA or eligible ACT score• Maximum aggregate limit of $16,000 for undergraduate

students and $8,000 for graduate students• More information at teachgrant.ed.gov Up to $4,000

• U.S. citizen or eligible non-citizen• Complete FAFSA; however, not based on financial need• Score above the 75th percentile on ACT or SAT; or maintain a GPA

of 3.25 or higher• Enrolled as a first bachelor’s or master’s degree student in an

academic program necessary to begin a career in teaching in an identified high-need field

• Sign a TEACH Grant Agreement to Serve (ATS) to teach in a high-need field in a low-income school for four academic years within eight calendar years after completing or withdrawing from the academic program. (If service obligation is not met, the grant converts to a Federal Direct Unsubsidized Loan that must be repaid.)

IMAGES Grant• Awards prorated for less than full-time enrollment• Renewable for four years for new graduate from Iowa high

school (two years for transfer student) and based on financial need of upcoming year FAFSA

Up to $2,000

• Demonstrate financial need as determined on the FAFSA• Iowa resident• Undergraduate working towards first bachelor’s degree• Ethnic or racial status of African American/Black, Hispanic/Latino/

Spanish, Alaskan Native, American Indian, Asian, Native Hawaiian or other Pacific Islander

• Priority given to students who participated in College Bound activities

• Funds limited, awarded on first-come, first-serve basis

All Iowa Opportunity Foster Care Grant• Renewable with FAFSA completion and Iowa Financial Aid

Application by March 1 $2,442 to $8,815

• Complete FAFSA• Aged out of Iowa’s foster care system or aged out of Iowa state

training school or adopted from Iowa foster care after the age of 16. (See eligibility criteria at the Iowa College Student Aid Commission website at iowacollegeaid.gov)

Tuition Guarantee Program for Iowans• Four-year commitment provided through a combination of

federal, state and institutional grants and scholarshipsTuition and Fees

• New graduate from an Iowa high school• Iowa resident • An EFC of 1,000 or less as determined on the FAFSA each year

Tuition Guarantee Program for Iowa Community College Multicultural Iowans • Two-year commitment provided through a combination of

federal, state and institutional grants and scholarshipsTuition and Fees

• Iowa resident• Have 30 transferable hours from an Iowa community college • Pell Grant-eligible as determined by the FAFSA• Ethnic or racial status of African American/Black, Hispanic/Latino/

Spanish, Alaskan Native, American Indian, Asian, Native Hawaiian or other Pacific Islander

Tuition Assistance Grant• Awards prorated for less than full-time enrollment• Future eligibility based on upcoming year FAFSA results and

availability of funding$1,000 to $1,600

• An EFC of 8,000 or less as determined on the FAFSA for undergraduate students; EFC of 5,234 or less for post baccalaureate; EFC of 0 for graduate students

• Funds limited, awarded on first-come, first-serve basis

College of Business Grant• Awards prorated for less than full-time enrollment• Future eligibility based on upcoming year FAFSA results and

availability of funding$1,000

• Pell Grant-eligible as determined by the FAFSA• College of Business junior or senior undergraduate student• College GPA of 2.5 or higher

FAFSA Required for

all Grants

21STAFF

STUDENT STAFF(Left to right) Front row: Maddy Miller, Ali Holtz, Jaimie Thier, Ange Rehnstrom, Isaac Ehlers, Jared Riter, Rachael Smith, Jordan Hoefer. Back row: Shaley Landt, Emily Janett, Jack Murphy, Santiago Villafona, Jill Omtvedt, Elizabeth Thomas, Katie Brooks, Emily Eickert, Alex Maravetz, Rylan Johnson, Alyssa McKeone, Maranda Bear. Not pictured: Natalie Dunham, Sydney Bartling, Taija Tucker

PROFESSIONAL STAFF(Left to right) Back row: April Schmiesing, department secretary; Renae Carrillo, assistant director; Tim Bakula, associate director; Eric Carlson, financial aid counselor; Marcy Gosse, processing clerk; Heather Soesbe, associate director. Front row: Tiffany Aronson, processing clerk; Kristin Peiffer, customer service specialist; Nicole Lehman, financial aid counselor; Andrea Krafka, processing clerk; Elizabeth Minard, assistant director; Jill Bevard, processing clerk; Joyce Morrow, director.

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