For many new students, Financial Aid is one of the most important and least-understood aspects of going to College. With forms, regulations, and deadlines at every turn, it’s no wonder new students are often confused! The Financial Aid Office is here to help you! We can be reached by email at email@example.com or by phone at 770-534-6152.
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Important Notes & Changes Regarding Financial Aid
IRS Tax Transcripts: Did you know that the IRS will now let student and parents print copies of their Tax Transcripts directly from their website. For more information visit the IRS webpage at: http://www.irs.gov/Individuals/Get-Transcript
How Course Load and Course Timing Affect Aid Eligibility: Are you registered for the number of credit hours and for the full time frame on which your financial aid award is based? If not, your financial aid award could be adjusted. Click here to read more.
IRS Tax Tips: The IRS offers a look at Five Ways to Offset Education Costs including the American Opportunity Credit, the Hope Credit, the Lifetime Learning Credit, 529 College Savings Plans benefits, and Tuition and Fee deductions. For more information and to read the IRS Article visit www.IRS.gov
Summer Financial Aid: Please contact our office if you have questions about Summer Financial Aid. The 2014 Summer Financial Aid Procedures & Request form is now available on the financial aid forms page.
Aggregate Loan Limits: Students borrowing a Federal Direct Student Loan are subject to maximum allowable loan limits. The Aggregate Maximum Loan Limit restricts the amount of Federal Student Loans that may be borrowed over a student’s college career. For additional information about federal student loans including aggregate loan limits and interest rates please visit: www.studentaid.ed.gov
SunTrust Scholarship: For the tenth consecutive year, SunTrust is pleased to offer the “Off To College” Scholarship Sweepstakes where students can win a $500 scholarship for education expenses at a private college/university located in the U.S. A total of 30 individual $500 scholarships will be awarded for education expenses. Two winners will be randomly chosen every two weeks from Oct. 31, 2014 – May 15, 2015. For more information, visit: https://www.suntrusteducation.com/scholarshipsweepstakes/index.html
|Aggregate Loan Limits – Federal Student Loans|
|Dependent Undergraduate Students||$31,000 *No more than $23,000 can be in subsidized loans|
|Independent Undergraduate Students (and dependent students whose parents were denied a parent PLUS loan)||$57,500 *No more than $23,000 can be in subsidized loans|
|Graduate and Professional Students||$138,500 *This includes undergraduate loans, graduate students are only able to obtain unsubsidized loans|