- Slides: 10
GMS FINANCIAL AID AND BUDGET APPEAL 2015 – 2016
BREAKDOWN OF COSTS Taken from http: //admissions. berkel ey. edu/costofattendance
BUDGET APPEAL (n): • A budget appeal is a statement that tells your institution and GMSP that your financial aid need has increased. When you submit the document, you may be eligible for additional funding from the GMS scholarship and other grant/aid.
BUDGET APPEAL PROCESS • Fill out the Financial Aid Office’s (FAO) budget appeal form. This form is available online at http: //financialaid. berkeley. edu/forms • Submit this document before March 1 st with the words “GATES MILLENNIUM SCHOLAR” written clearly at the top. Please note that most budget appeal requests take about 3 weeks to process and that the month of February is the shortest month of the year* So submit in January! • Submit a request for a budget appeal from http: //www. gmsp. org/ at the same time that you submit your appeal form to Berkeley’s FAO. • Only ONE award allocation may be considered for each academic year.
GMS • DOES COVER: education-related expenses such as tuition, educational fees, room and board, books and/or supplies • DOES NOT COVER: medical insurance (if SHIP is waived) and personal • Common appeals include rent and utilities (but excludes high-rise dorm double and triples as well as triple mini suite) as well as two round trip flights home (for example, in the case of an emergency)
Continued • GMS DOES NOT REPLACE family contributions (EFC/FC) or institution loans • Effective April 2009, GMS will NOT provide funding for computer related expenses
aren’t work-study (i. e. Cal Dining, Library). However, be aware that your financial aid packet for next year can change if you earn a lot. • So…Can I get a laptop? In the past, people have done budget appeals for a laptop so it might be possible, however, usually those appeals do NOT get approved. • I’m an architecture major, can I appeal for supplies? YES! Make sure you keep your receipts because GMS will ask for them? • I need to make a payment now, but my appeal money hasn’t come in. What should I do? It really depends! Talk to someone in Sproul Hall for options and always remember that small emergency loans are available! Frequently Asked Questions • Can I work? YES! There are even tons of on-campus jobs that
QUESTION “HIERARCHY” If you have any questions please: • First, direct them to any Gates scholars/GMS Board members. Chances are they/we have experienced something similar and are familiar with the processes associate with your question. • If no luck, direct them to Cal Student Central in Sproul Hall. (Regular hours of operation are M-F from 9 am to 4 pm. ) • Lastly, please direct questions that cannot be resolves by neither peers nor Cal Student Central and/or are GMS-specific to Lanna Zhou: E-mail: [email protected] edu