|
Applying for
Financial Aid
How do I apply for financial aid at UTPA?
-
You can apply via FAFSA on the Web at
www.fafsa.ed.gov
-
Complete the FAFSA (Free Application for Federal
Student Aid) or the renewal FAFSA and mail it to the processor as soon
as possible after January 1 for the coming academic year.
-
If you applied last year, you may receive a Renewal
FAFSA in the mail, complete that form. FAFSA forms are available from
high school guidance offices, college and university financial aid
offices.
-
Read the application instructions carefully.
-
Mail the FAFSA to the processor by February 28th or
as soon after each year or visit our website
www.panam.edu/finaid to get a
listing of times and dates available for FAFSA completion at our
"Express Lab".
-
List UTPA's school code 003599 in Part 6, so your
information will be sent to UTPA by the processor.
-
When in doubt, call or visit the Student Financial
Services office for assistance.
Back to TOP.
What are some of the mistakes people make when applying for financial aid?
Four of the most common mistakes are:
-
Not filing early enough
-
Not reading the instructions
-
Not fully completing the application, and
-
Not using the correct social securing number
Back to
TOP.
Can I take the FAFSA to the Financial Aid Office and have it processed
there?
The normal procedure is to mail the
application in the self-addressed envelope provided with the application. At
UTPA, you may sign up for an Application Express Workshop and receive
assistance in completing the application and mail the application
electronically. Students are encouraged to attend an Application Express
Workshop. Please come by the Student Financial Services office for workshop
dates or visit our website at
http://www.panam.edu/finaid.
Back to
TOP.
Do I have
to apply every year? When are the deadlines?
Yes, a new FAFSA must be submitted to the
processor every year. It is necessary to apply each year to ensure that any
changes to your and/or your parent's financial aid situation is given proper
consideration. The priority deadline to submit your FAFSA to the Department
of Educations is:
February 28th - Fall
September 15th - Spring
December 15th - Summer
Back to
TOP.
Am I
required to use my parent's information on the FAFSA?
The instructions in step 3 of the FAFSA
will explain whether or not you must include parent information.
If you have been declared independent by a financial aid administrator in
the past, or if you think your special situation merits a review, request
and come by the Student Financial Services office and ask to have your
application reviewed by a financial aid advisor.
Note: Complete the review prior to filing the FAFSA or Renewal FAFSA
whenever possible.
Back to
TOP.
If I do not live with my parents why am I still considered a dependent
student?
Section D of the FAFSA is that section of the application
that is used to determine dependency status. If you can legitimately answer
"YES" to any of the questions in this section, then you can be considered
independent.
If you answer "NO" to all these questions but have
extenuating circumstance that you feel would qualify you as an independent
student, then you should address it with a UTPA financial aid advisor.
Back to
TOP.
Is the FAFSA the only application I need?
The FAFSA or the Renewal FAFSA are the
only forms you need to apply for federal aid at UTPA.
If you would like to be considered for UTPA Scholarships, there is a
separate application available at the Student Financial Aid website at
http://www.panam.edu/scholarships.
Deadline is December 1st of every year.
Back to
TOP.
Do I need to submit
other documents to UTPA?
Only if they are requested by the Student
Financial Services office. This office will contact you if additional
information is needed to complete your file. Remember to include your social
security number on all documentation submitted, including parent documents.
Back to
TOP.
When do
I apply for financial aid?
Apply for financial aid as soon as your tax return is complete.
Feb 28th - Priority date to file FAFSA with the Federal Processor. Meeting
the priority date enables you to participate in the first financial aid
packaging run. Subsequent packaging runs may have less grant money
available.
April 15 - Priority date to turn in any requested documents to the Financial
Aid Office.
Back to TOP.
How do I know my FAFSA was processed? How will I know that UTPA has received
my financial aid information?
If
you mailed the FAFSA, you should receive a Student Aid Report (SAR) in the
mail about four to six weeks from the date it was mailed. If you transmitted
you FAFSA electronically, you should receive a Student Aid Acknowledgement
statement in the mail two weeks after transmitting.
Check to make sure UT-Pan American is one of the schools listed on the form.
Questions about FAFSA processing can be directed to the Federal Student Aid
Information Center (1-319-337-5665).
Back to TOP.
My SAR is not
accurate. Do I need to correct it?
Students who are concerned with only
UT-Pan American receiving corrections can submit the SAR directly to the
Student Financial Services office for correcting. Students who want
corrections sent to schools besides UT-Pan American schools that are listed
on the SAR should process corrections through the Central Processor, by
mailing back their SAR or making corrections on-line through the Department
of Education website -
http://www.fafsa.ed.gov/
Back to
TOP.
I turned in my SAR to another school, but I'll be coming to UT-Pan American.
What should I do?
If you indicated release of data to UT-Pan American on
your FAFSA, then UT-Pan American will receive your information. If you did
not indicate UT-Pan American, then it will be necessary to request a
duplicate SAR from the Federal Student aid Information Center (call
1-319-337-5665). Make sure you request that your data be released to UT-Pan
American and that the address they have for you is correct. The SAR will be
mailed to you. Upon receiving your updated SAR, contact the Financial Aid
Office.
Back to
TOP.
What if I want to attend summer school?
You should go online and complete the
Summer
Notification
application as soon as possible starting in early January. The deadline
to apply for summer financial aid is February 15th.
In
order to qualify for a loan, you may not exceed the maximum loan limits
for the academic year.
Back to
TOP.
Can I make corrections to my Free Application for Federal Student Aid
(FAFSA) on the web?
Corrections on the Web at
http://www.fafsa.ed.gov will allow you
to correct your FAFSA information regardless of the original FAFSA form
type. You can also make the corrections on a paper Student Aid Report (SAR).
You need a PIN (formerly known as your EAC) to access the FAFSA Corrections
on the Web application. Your PIN is your signature, and the Dept of
Education does not require a separate signature page if you change only your
own information.
To request a PIN, login to http://pin.ed.gov
If you change information about your
parents, the Dept of Education will need to collect your parents' signature.
Your parents can sign your application with a signature page or
electronically with a PIN.
Back to
TOP.
What is the UTPA Federal school code for applying for financial aid?
UTPA's Federal School Code is 003599
Back to TOP.
How
can I tell if I am an independent or dependent student?
When you apply for federal student
financial aid, your answers to certain questions will determine whether
you're considered dependent on your parents or independent. If you are
considered dependent on your parents, you must report their income and
assets as well as your own. If you are independent, you must report only
your own income and assets (and those of your spouse, if you're married).
Students are classified as dependent or independent because federal student
aid programs are based on the idea that students (and their parents or
spouse, if applicable) have the primary responsibility for paying for their
postsecondary education.
For the 2004-2005 school year, you're an independent student if at least one
of the following applies to you:
-
you were born
before January 1, 1981;
-
you're
married;
-
you will be
working on a degree beyond a bachelor's degree;
-
you have
children or legal dependents other than a spouse that received at least
50% of their support from you, now and through June 30, 1005
-
you are an
orphan or ward of the court (or were a ward of the court until age 18);
or
-
you're a
veteran of the U.S. Armed Forces ("veteran" includes a student who
attended a U.S. military academy who was released under a condition
other than dishonorable).
If you think you
have unusual circumstances that would make you independent even though none
of the above criteria apply to you, make an appointment to see your
financial aid advisor. He or she can change your status if he or she thinks
your circumstances warrant it based on the documentation you provide.
Remember, the financial aid advisor won't automatically do this. That
decision is based on his or her professional judgment, and it's final--you
can't appeal it to the U.S. Department of Education or to anyone else. Your
dependency status cannot be changed solely on the basis that you don’t live
with your parents.
Back to TOP.
I have received a paper Renewal FAFSA (Free Application for Federal Student
Aid) in the mail. Can I file an original FAFSA instead of a Renewal FAFSA?
-
You can file an original FAFSA instead of your Renewal FAFSA. However,
since an original FAFSA will probably take much longer to fill out than
a Renewal FAFSA, we strongly encourage you to file a Renewal FAFSA. You
do not have to complete the renewal application.
-
You can login to
www.panam.edu/finaid to
find dates and times of the FAFSA preparation sessions provided by the
Student Financial Services office to assist with the application
process.
-
You can also complete the FAFSA on the web by logging into
www.fafsa.ed.gov.
Back to TOP.
Do I need to keep copies of any documents and/or forms turned into the
Student Financial Services office?
Yes! Keep copies of all forms completed
and any materials used to prepare the FAFSA, such as, tax returns.
Back to
TOP.
How do I get a Federal Personal Identification Number (PIN) number?
If you don't have a Federal PIN and you
are eligible to receive one, select "Request a PIN (first-time)" from the
Federal PIN home page at http://pin.ed.gov.
If you have lost your PIN or think it has
been compromised, select "Change my PIN" from the PIN home page.
To complete a PIN request, you will be asked to provide your Social Security
Number, the first two (2) letters of your last name, and your date of birth.
Once you have completed the form, select "Submit Request." You will then be
asked to confirm that you live at the address that is listed in our
database. If you select "Yes" at the bottom of the page, a PIN will be
mailed to you via the U.S. Postal Service. It will take approximately 7-10
days after you request your PIN for you to receive it in the mail.
If you provide an email address, a PIN will be emailed to you within 24
hours.
Back to
TOP.
What information do I need to fill out the Free Application for Federal
Student Aid (FAFSA)form?
You will need to request a PIN for you and
parents (for dependent students). To request a PIN, log into
http://pin.ed.gov
You will also need records for income earned in the year prior to when you
will start school.
For the 2004-2005 school year, you will need 2003 calendar year information.
You will need to refer to:
• Your Social
Security card and driver's license
• W-2 Forms
or other records of income earned
• Your (and
your spouse's, if you are married) Federal Income Tax Return
• Your
parent's Federal Income Tax Return
• Records of
other untaxed income received such as welfare benefits, social security
benefits, TANF,
veteran's benefits, or military or clergy allowances, child support
• Current
bank statements and records of stocks, bonds, and other investments
• Business or
farm records, if applicable
• Your alien
registration card (if you are not a U.S. citizen)
The Student Financial Services office offers assistance in completing the
FAFSA On-line. For dates on our regular scheduled express workshops, please
refer to our website at http://www.panam.edu/finaid or come by our office
located at SSB 186 or call us at (956) 381-2501.
Processing time depends on whether the application was submitted
electronically or if it was mailed.
If completed
electronically, you should get a response from the Department of Education
within 10 days.
If mailed, you
will get a response with 4- 6 weeks.
Back to
TOP.
Can I complete a Free Application for Federal Student Aid (FAFSA) Renewal
application on-line?
Go to the Department of Education website
at www.fafsa.ed.gov to see if a
renewal application is available for you to complete. If not, you should not
delay in completing the regular FAFSA for 2002-03.
Remember that the Free Application for Federal Student Aid (FAFSA) needs to
be completed every year. It is suggested that you apply by February 28th in
order to have your aid eligibility reviewed with enough time for the new
academic year.
Back to
TOP.
Where can I get information on Financial Aid Available through the US
Department of Education?
This information is available in The Financial Aid
Student Guide provided by the U S Department of Education. You can pick one
up at the Student Financial Services Office at the Student Services
Building, Rm. 186.
You can also log into their website at
www.studentaid.ed.gov.
Back to TOP.
How do I register with the Selective Service so that I can qualify for
financial aid?
If you are a male (age 18 through 25) and
you have not registered with the Selective Service, you can give the
Selective Service permission to register you by checking a box on your
FAFSA. You can also register through the Internet at:
http://www.sss.gov
Back to
TOP.
What is financial
need and how is it determined?
When you apply for financial aid, the
information you report on your Free Application for Federal Student Aid
(FAFSA) is used in a formula established by the U.S. Congress to determine
your Expected Family Contribution (EFC).
Your Expected Family Contribution is the amount you and your family are
expected to contribute toward your education (although this amount may not
exactly match the amount you and your family end up actually contributing).
If you are an undergraduate student and your EFC is below a certain amount
(determined yearly by Department of Education), you'll be eligible for a
Federal Pell Grant, assuming you meet all other eligibility requirements for
the program.
There isn't a maximum EFC that defines eligibility for the other financial
aid programs. Instead, your EFC is used in the following equation to
determine your financial need:
The Student Financial Services office calculates your cost of attendance
(COA) and subtracts the amount you and your family are expected to
contribute (EFC) toward that cost. If there's anything remaining, you're
considered to have financial need.
• COA – EFC = Need
The College Board has a calculator that you can use to ESTIMATE your EFC. It
is located at
http://cbweb9p.collegeboard.org/EFC/. In determining your need for aid
from other need-based programs, the Student Financial Services office must
first consider other aid or resources that you are receiving (such as
scholarships, waivers, fellowships, VA benefits, ROTC and athletic awards,
tuition prepayment, employer assistance, etc.). If you are receiving
assistance that is not reflected on your financial aid award letter, you
must report it to the Office of Financial Aid.
The Student Financial Services office puts together a package of grants,
loans, and work in an attempt to come as close as possible to meeting your
need. However, because funds are limited, the amount awarded to you may fall
short of the amount for which you are eligible.
You can make an appointment to see a financial aid advisor, if you feel you
have any other special circumstances that might affect your dependency
status, the amount you and your family are expected to contribute, or your
cost of attendance. All documents turned into that advisor will be reviewed
by a Financial Aid Support Committee and they will make a decision based on
federal and institutional guidelines.
But remember, there has to be very good reasons for the financial aid
committee to make any adjustments, and you'll have to provide adequate proof
to support those adjustments.
The financial aid committee’s decision is final and cannot be appealed to
the U.S. Department of Education or anyone else.
Return to
TOP. |