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University of Georgia Orientation to Financial Information
Provided by the Office of Student Financial Aidat theUniversity of Georgia
Student Financial Aid Information
1Office Contact InformationOur address:220 Holmes/Hunter Academic BuildingAthens, GA 30602-6114(It is the big building behind the Arch.)
Telephone (706) 542-6147 Fax (706) 542-8217
Web site: www.uga.edu/osfaE-mail: [email protected]
Types of Financial AidScholarships (Including HOPE & Zell Miller Scholarship)
Grants
Federal Work Study
Federal Student Loans
Federal Parent Loans
How to Apply for AidTo apply for federal aid complete the: 2011-12 Free Application For Federal Student Aid (FAFSA) www.fafsa.govSave your PIN, and use it next year!
How to Apply for HOPE
www.gacollege411.org
Am I required to reapply for HOPE each year?If you apply via the FAFSA, the FAFSA must be completed each year.
Applying for HOPE continuedIf you apply for HOPE via GAcollege411.org, you do not have to reapply for HOPE each year
As Long As You Do Not Have a Prolonged Break In Enrollment!
We highly encourage all HOPE eligible students to apply for HOPEvia www.gacollege411.org!
Your Financial Aid AwardOnce your Award has been created, OSFA will notify you via e-mail
Your Award will be available for viewing in OASIS at oasisweb.uga.edu
How to Access Your Award in OASIS
Sample Award
Pre-accepted Aid DefinedAny type of gift aid that does not require students to repay the aid or to work to earn the aid.Examples: Scholarships HOPE or Zell Grants (Federal Pell, FSEOG, etc)
We automatically accept these types of aid for the student. Unaccepted Aid DefinedNon-gift aid that requires student action.Examples: Federal Loans/ Federal Work Study
These types of non-gift aid are indicated with a blank line (______) under Amount You Accept on the Award screen.
How to Accept Unaccepted Aid
For each type of aid requiring an action by you, enter an AMT YOU ACCEPT. Enter 0 if you do not wish to accept this type of aid.
HOPE ScholarshipWhat will HOPE pay?
For the 2011-2012 academic year, it pays $212.10 per credit hour for up to 15 hours.
HOPE does not pay for student fees or booksZell Miller ScholarshipWhat will the Zell Miller Scholarship pay?
100% current year, standard rate tuition
Zell does not pay for student fees or books
Zell Miller Eligibility RequirementsMust have graduated from an eligible high school in 2007 or later
High school HOPE GPA of 3.70, and
Sat score of 1200 or ACT score of 26 in one test administration; or
Valedictorian or Salutatorian (must be HOPE eligible)
**If a student is not eligible out of high school, he or she is NEVER eligibleTest Scores for Zell Miller ScholarshipTest must be taken in single administration
Test must be taken by last day of high school
Exception for class of 2011 who have until June 30
30, 60, 90HOPE Eligibility CheckpointsOSFA must check for a 3.0 HOPE GPA at the 30, 60 and 90 HOPE attempted hour Benchmarks
Students either: (1) maintain (2) gain or (3) lose HOPE at these Benchmarks
Spring CheckpointSpring HOPE CheckpointOSFA must also check for a 3.0 HOPE GPA after every Spring Semester
Students either (1) maintain or (2) lose HOPE eligibility at the Spring checkpoint.
Students cannot (re)gain HOPE unless Spring is also their 30, 60 or 90 Benchmark.
Loss of the HOPE ScholarshipStudent can only lose & regain HOPE once during their academic career
Maintaining the Zell Miller ScholarshipMust maintain a 3.30 HOPE GPA
Same GPA calculation, benchmarks, and caps as HOPE
Can only lose & regain Zell once. Students that have a GPA below a 3.00 at a checkpoint are considered to have a loss for both HOPE and Zell.
Plus/ Minus & HOPE Plus/ minuses are not considered when calculating a students HOPE GPA!
Hard 127 Attempted/ Paid Hour CapHOPE & Zell will now only pay up to 127 attempted or paid hours.Seven Year LimitA student who has NOT received HOPE Scholarship payment prior to Summer 2011 may receive HOPE until 7 years after his or her high school graduation date, GED test date, Home Study Completion date, or date student stopped pursuing a diploma.
Outside Scholarship ChecksAll outside scholarship checks should be mailed to OSFA
Include students full name and last 4 digits of SSN or full 810 # on the check
Scholarship checks must be received by OSFA no later than July 15!
(If you wish to have the check processed in time to be applied toward Fall 2011 charges)
Scholarship Reporting FormEach year many UGA students are awarded scholarships by private (outside) sources such as high schools, civic organizations, charitable foundations, businesses, etc.
All awards from sources outside UGA must be reported to OSFA to ensure we have the most accurate picture of your financial assistance.
How to Access theScholarship Reporting Form
Satisfactory Academic Progress (SAP)67% of all the credit hours students attempt at and transfer to UGA must be successfully completed and a minimum overall 2.0 GPA maintained in order to remain eligible for financial aid!
Freshman Loan LimitsDependent StudentsAnnual Subsidized/Unsubsidized MaximumFreshman $3500 Sub or Unsubbased on need +$2000 UnsubTotal: $5500
See You at the Resource Fair!Welcome to UGA