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 firstname.lastname@example.org 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.
Scholarship Opportunity: The Harriet Fitzgerald Scholarship offered through the Sunflower Initiative in collaboration with the Women’s College Coalition is offering a $10,000 scholarship for the 2014-2015 academic year. Female graduating high school seniors, women who have matriculated at college, but left prior to the completion of the first semester, and early college applicants are eligible to apply. The Harriet Fitzgerald Scholarship is awarded for one year with the possibility of renewal upon request of the recipient and subsequent review of her progress. The application deadline is March 1, 2014. More information and an on-line application form can be found at www.thesunflowerinitiative.com. ~For additional scholarship resources check out our financial aid Links page.
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 Summer F.A. Request Form will be available in March for students to complete to determine amount of aid available to them.
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
|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|