Financial Literacy Marcy Gage Greg Reed Going to

Financial Literacy Marcy Gage Greg Reed

• Going to College is a Job. • Communication, Budget and Credibility • Financial Benefits & Repercussions • Grants, Scholarships, Student Loans • SAP • Payment Plans • AR Refund Checks • SALT • NSLDS • Collections & Maine State Taxation • Steps for Next Semester • FAFSA 2015 -16 • Deadlines Why Are We Here?

https: //www. youtube. com/watch? v=K 8 Jua. YVJ_LE Myths About Financial Aid

• Pell Grants • Maine State Grant • Scholarships • Federal Student Loans Financial Aid For School

• https: //www. youtube. com/watch? feature=player_detailpage&li st=PL 5164 CE 4355 C 66 FCB&v=m. THtn 0 FRMWw Responsible Borrowing

• The National Student Loan Data System (NSLDS) is the U. S. Department of Education's central database for student aid. It receives data from schools, agencies that guaranty loans, the Direct Loan program, and other U. S. Department of Education programs. • www. nslds. ed. gov National Student Loan Data System (NSLDS)

• https: //www. youtube. com/watch? feature=player_detailpa ge&v=fl. G 4 g. FIi. Zz. U How to Manage Your Student Loans

Program Length **Maximum Eligibility Period 5 -Year Bachelor’s Degree 7. 50 Years 4 -Year Bachelor’s Degree 6. 00 Years 2 -Year Associate’s Degree 3. 00 Years 2 -Year Certificate 3. 00 Years 1 -Year Certificate 1. 50 years 18 -Week Certificate 27 Weeks 10 -Week Certificate 15 Weeks **Years listed are for Full-time students, generally prorated for less than full-time enrollment. 150% Rule Chart

https: //www. youtube. com/watch? v=2 uml 3 Ktkxm. U Satisfactory Academic Progress

A “No-show” (N) is: • A student who does not attend class. • Online class: A student who doesn’t complete the first required assignment by the due date during the 1 st full week of the semester. • You are expected to attend class beginning the first day of the semester. • All financial aid awards based on courses that students do not attend will be cancelled, and the student will be responsible for any applicable charges. “No Show” Status

• https: //www. youtube. com/watch? feature=player_detailpage&v =6 Ib-bdko 5 c. E Budgeting

• Payment Plans • Insurance Waivers • AR Refund Checks • Collections & Maine State Taxation Business Office

• https: //www. youtube. com/watch? x-yt-ts=1421914688&x-ytcl=84503534&feature=player_detailpage&v=6 KTe. G 0303 -Y SALT

• Professionalism • “Treat everyone with respect” • • Student Portal Document tracking E-mail (KVCC e-mail) Notify Enrollment Services of any and all life changes pertaining to school. Communication

Fill out your FAFSA for the next school year (2015 -16). www. fafsa. ed. gov FAFSA 2015 -16

• Insurance Waiver • Payment Plan (Fall, Spring & Summer) • Maine State Grant – May 1 st • Add & Drop Date deadlines Deadlines

Questions/Remarks?