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Financing the Road to Higher Education

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ADMISSIONS. Factors in choosing a college. The STETSON process. University Profile ... March 15 Admissions Priority Deadline. Stetson offers admission on a ... – PowerPoint PPT presentation

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Title: Financing the Road to Higher Education


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  • ADMISSIONS
  • Factors in choosing a college
  • The STETSON process
  • University Profile

3
Factors in Choosing a College
  • SIZE

Stetson University is a small private liberal
arts univeristy with 2,300 undergraduate
students from all around the world.
SIZE
SIZE
SIZE
4
Factors in Choosing a College
  • Major

Stetson University offers over 60 majors and
minors in the schools of Music and Business
Administration as well as the College of Arts and
Sciences with a dedicated faculty of professors
who work one on one with students to achieve
their goals.
5
Factors in Choosing a College
  • Location

Stetson University is located in Volusia County
in the central part of Florida. It sits 30
minutes west from the Daytona beaches and 45
minutes north east of the Orlando metropolitan
area.
6
Factors in Choosing a College
  • Cost

2009-2010 Estimated
Costs Tuition 30,450 Fees 1,850 Room 5,01
4 Meals 3,920 Total Cost 41,234
7
The Stetson University Process
Stetson offers admission on a Rolling Admissions
basis. This means that students are evaluated on
a standard and find out decisions in as early as
two weeks from file completion.
  • Application
  • Online application
  • Hard Copy Application
  • CommonApp.org
  • Exclusive Application
  • Application Fee (40)
  • Official High School Transcript
  • Official ACT/SAT Scores
  • High School Counselor Recommendation
  • Essay or Graded Writing Sample
  • Original Graded Paper from 2nd Semester Junior or
    Senior Year
  • Or
  • 2-3 page personal statement

Timetable November 1 Early Decision
Deadline November 15 Early Decision
Notification January 1 Send in FAFSA form March
15 Admissions Priority Deadline
8
2008-2009 Profile
  • Average H.S. GPA
  • 3.76
  • Average SAT Scores
  • Math 537
  • Verbal 553
  • Combined 1122
  • Average ACT Score
  • 23
  • Average Class Size
  • 20
  • Student to Professor Ratio
  • 111
  • Gender
  • 57 Female
  • 43 Male
  • 97 of Professors have a PhD
  • 93 of Students receive Financial Aid

9
FINANCIAL AID
Goal of Financial Aid
Primary goal is to assist students in paying for
their education and is achieved by Evaluating
familys ability to pay for educational
costs Distributing limited resources in an
equitable manner
10
Overview
  • Application Process
  • Definitions
  • Cost of Attendance
  • Family Contribution
  • Eligibility/need
  • Types of Financial Assistance
  • Sources of Financial Assistance
  • Deadlines, Notices, Decisions

11
Free Application for Federal Student Aid (FAFSA)
  • Drives the financial aid process
  • Single application required to apply for federal
    student aid programs
  • Usually sufficient for institutional and state
    aid
  • Processed free of charge to the student
  • Student files after January 1
  • file via the internet at www.fafsa.ed.gov

12
Tips on Completing the FAFSA
  • Try to complete the FAFSA by March 15th
  • Estimate tax information rather than delay the
    filing of the form
  • Make sure the school of your choice is listed as
    recipient of the information
  • Avoid common mistakes - make sure Social Security
    Number is correct

13
Watch your Email
  • Federal processor will notify you within 2-4
    weeks that your FAFSA has been processed
  • Your processed FAFSA is your Student Aid Report
    (SAR).
  • Once your FAFSA has been processed, you can view
    it on www.fafsa.ed.gov
  • If you need to make corrections, you can make
    them here.

14
Definitions Cost of Attendance
  • Annual charges for tuition and fees
  • Living expenses (room and food)
  • Books and supplies
  • Transportation costs
  • Other personal expenses relative to period of
    attendance

15
Expected Family Contribution
  • Parents Contribution
  • Students Contribution
  • Total Family Contribution

16
Types of Financial Aid
  • Money- Not to be repaid
  • Scholarships (Merit, Athletic, Music, etc.)
  • Grants
  • Loans (not free money)
  • Stafford
  • Perkins
  • PLUS (Parent)
  • Work-Study

17
Sources of Aid
  • State Programs
  • FRAG, FSAG, Bright Futures, etc..
  • Institutional Programs
  • Grants, Scholarships, Loans
  • Outside scholarships
  • Church, organizations, employer
  • www.fastweb.com

18
Florida Bright Futures Scholarships
  • FL Academic Scholars (100)
  • 4,138 for 2008-2009
  • FL Medallion Scholars/FL Vocational Gold Seal
    (75)
  • 2,824 for 2008-2009
  • Contact your guidance counselor for eligibility
    requirements
  • Bright Futures 1-888-827-2004
  • www.MyFloridaEducation.com/brfuture

19
Florida Prepaid College Plan
  • Can be used at a private college
  • Rates based on Florida public institutions
  • 4 year public tuition 2726.70/year at private
  • 4 year public fees 822.30/year at private
  • 2 2 year community/public college tuition
    2099.70/year at private
  • Dormitory program 4367.66/year at private
  • Florida Prepaid 1-800-552-4723
  • http//www.florida529plans.com

20
Questions and Answers
  • Federal Student Aid Information
  • 800 4-FED-AID or 1-800-433-3243
  • Financial Aid Office at your post-secondary
    institution
  • Stetson University
  • 386-822-7120 or http//www.stetson.edu/financialai
    d/
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