SOUTHEASTERN LOUISIANA UNIVERSITY FINANCIAL AID Scholars Orientation April

SOUTHEASTERN LOUISIANA UNIVERSITY FINANCIAL AID Scholars Orientation April 5, 2018

FINANCIAL AID OVERVIEW FAFSA SCHOLARSHIPS & GRANTS LOANS EMPLOYMENT OPPORTUNITIES S. A. P.

FAFSA What is the FAFSA? • Free Application for Federal Student Aid • www. fafsa. gov Why should I complete the FAFSA? • Determines if you can receive Federal Assistance – PELL GRANTS, SEOG, Federal Work Study and LOANS (Sub/Unsub) • Required for TOPS recipients • Don’t leave money on the table

GENERAL INFORMATION WHAT IT STANDS FOR! EFC: Expected Family Contribution COA: Cost of Attendance LOSFA: Louisiana Office of Student Financial Assistance SOUTHEASTERN’S SCHOOL CODE: CODE 002024 HELP LINE: LINE 1 -(800)-433 -3243 APPLY ONLINE: ONLINE www. fafsa. gov

FAFSA & FSA ID SOUTHEASTERN’S SCHOOL CODE: CODE 002024 HELP LINE: LINE 1 -(800)-433 -3243 APPLY ONLINE: ONLINE www. fafsa. gov

TOPS recipients have until the end of summer semester to earn the required 24 credit hours. Failure to do so suspends all future eligibility unless an extenuating circumstance applies. Must be continuously enrolled and full-time through the census date each semester. Check with the Scholarship office before dropping a class. TOPS Opportunity No stipend included - Total: $2, 826. 10 Fall 2018 20 -22 ACT/Retention 2. 30 for the first year and 2. 50 GPA every year after that TOPS Performance $200 stipend Fall 2018 - Total: $3, 026. 10 for semester 23 -26 ACT/Retention 3. 00 GPA TOPS Honors $400 stipend Fall 2018 - Total: $3, 226. 10 for semester 27+ ACT/Retention 3. 00 GPA

Scholarships Where do I get scholarships? 1. Southeastern offers Honor Scholarships as well as other Department Scholarships. Contact Scholarship Office (985)549 -5116 2. Private companies found at www. losfa. gov , www. fastweb. com and www. lela. org 3. Don’t just apply for one. It takes many applications to receive one award. We care, you SUCCEED

BEGINNING FRESHMAN PRIORITY SCHOLARSHIP • The Priority Scholarship is to be awarded to a student entering Southeastern as a beginning freshman if they applied by January 15 th for the fall semester • Any beginning freshman student admitted with a 23 ACT composite and a minimum 3. 5 cumulative or ACT 24+ and a minimum 3. 0 cumulative high school grade point average (on a 4. 0 scale) qualifies for a scholarship at Southeastern. • Housing supplement only available to students living on campus. • All scholarships are awarded for eight semesters. • The application for admissions serves as the application for scholarships. • Eligibility is based on full-time status. For additional information about scholarships or TOPS, students can visit our website at www. southeastern. edu/scholarships or call the Scholarship Services at (985)549 -5116. Retention Requirements: • The student must earn a MINIMUM 3. 0 SEMESTER & CUMULATIVE GPA • The student must be continuously enrolled full-time each semester (minimum 12 hours). • The student must attempt and pass no less than 30 hours per academic year. The academic year is defined as the combination of the Fall, Spring and Summer semesters.

Summer Start Students must have an ACT 23+ Cumulative GPA of 3. 0+ Scholarship to assist cover tuition and some fees is available for up to six credit hours per semester More information at: www. southeastern. edu/apply/high_school/

Summer Smart Available to all undergraduate students enrolled in the summer (except those only in a study abroad program) Pays $300 toward the tuition cost

SCHOLARSHIPS DUAL ENROLLMENT 15+ Completion Scholarship Criteria: riteria Student must have at least 15 hours of Dual Enrollment credits with a “C” or better from Southeastern and graduated in May 2018 Scholarship Amount: Amount $1, 000 split into 2 semesters Semester Awarded: Awarded 1 year (two semesters) only $500 for Spring 2019 and $500 for Fall 2018 We care, you SUCCEED

LEONET Student Center To Do List: 1/3 of students are selected for verification and will have items Account Inquiry View Financial Aid Accept/Decline Awards Make a Payment

Student Self Service

GRANTS MONEY YOU DON’T REPAY! Federal Pell Grant Federal Supplemental Education Opportunity Grant (SEOG) Louisiana Go Grant Program

LOANS FEDERAL DIRECT LOANS Subsidized – Government pays interest while in school (4. 45%) Unsubsidized – Government does not pay interest while in school (4. 45%) Basic Loan Limits (dependent students) $5, 500 1 st year undergraduates – Of which, $3, 500 can be subsidized $6, 500 2 nd year undergraduates – Of which, $4, 500 can be subsidized $7, 500 for remaining undergraduate – Of which, $5, 500 can be subsidized

LOANS FEDERAL DIRECT LOANS Only borrow what you need

LOANS PLUS LOAN Parent loan program for parents of dependent undergraduate students, apply online at studentloans. gov Fixed interest rate of 7% Repayment begins 60 days after the loan is fully disbursed If parent applies for PLUS Loan and is subsequently denied, student may then receive additional Unsubsidized loan funds In order to receive either PLUS or PLUS denial funds, student must submit a request with Office of Financial Aid

LOANS LOAN TIPS All first time borrowers must complete an Entrance Interview and a Master Promissory Note. Information on these may be found online at studentloans. gov. Students have a six month grace period.

WORK STUDY Student will be considered either Federal (based on financial need) or State (not based on need) Student may work up to 25 hours per week BENEFITS Networking within departments Departments work around student’s schedule *To view current openings, visit the Student Employment Network at www. southeastern. edu/sen.

SATISFACTORY ACADEMIC PROGRESS (SAP): HOW DO I KEEP MY AID? G. P. A. • Must maintain at least a 1. 75 cumulative G. P. A. (freshmen) or at least a 2. 0 cumulative G. P. A. (sophomore, junior, senior) Percentage of Completion • Must complete at least 67% of courses enrolled Maximum Time Frame • Must not exceed 180 credit hours for first undergraduate degree

CONTACT INFORMATION SCHOLARSHIP OFFICE: (985)549 -5116, Room 120 FINANCIAL AID COUNSELORS Assistant Director - Tara Laborde A – D Mary Gaye Savant- mgsavant@southeastern. edu E–L Jessica Mc. Millian - jessica. mcmillian@southeastern. edu M – R Jacob Rester – jacob. rester@southeastern. edu S – Z & Veterans Sophie Dagro – sophie. dagro@southeastern. edu Assistant Director, Scholarships & Work Study – Terry Garner Financial Aid Director - Charles D Cambre Location: North Campus, Financial Aid Building Financial Aid: (985) 549 -2244 or (800) 222 -SELU(7358)