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Volume I

Issue III

December 2010

PEGACENTS A University of Central Florida Office of Student Financial Assistance Publication

FAFSA Updates for 2011-2012 When the Free Application for Federal Student Aid (FAFSA) is updated for the new aid year, there are normally changes. These changes can be based on regulatory changes that require adding new questions, adjusting old ones, or omitting questions completely. In addition, the FAFSA is also updated to make it easier for students and parents to interpret the questions and navigate the application process. The following is a summary of the major changes for the 2011-2012 FAFSA: • Two questions were deleted. o When you begin the 20XX-20XX school year, what do you expect your enrollment status to be? o Are you planning to complete course work necessary to become an elementary or secondary school teacher, either now or in the future? • One question was added. o High School Information, Question 27 o The new question collects the name, city, and state of the applicant’s high school if he or she reported receiving a high school diploma. • One question was revised. o Types of Aid Interested in Receiving, Question 31 o The question no longer asks if the student is interested in student loans. o It now reads, “Are you interested in being considered for work-study?” o The responses are now Yes, No, and Don’t Know.

The above FAFSA changes are in line with the Office of Student Financial Assistance (SFA) processing protocols. The two questions that were deleted were not acknowledged by SFA since there are other, more accurate, ways of determining the information that was being collected. Also, SFA offers all eligible students with the appropriate student loan amount and gives them the opportunity to accept, decline or reduce the loan prior to processing. Therefore, the student is empowered with complete information before making their decision. The new question requesting high school information may require new monitoring processes in the future. However, it is not anticipated to be a major concern since the University of Central Florida has rigorous admissions requirements.

Verification Statistics

FAFSA on the Web

The Office of Student Financial Assistance (SFA) tracks a number of statistics throughout the year. The cumulative year-to-date statistics for verification are tallied regularly. Based on the most recent report, SFA has loaded over 97 percent of the number of Institutional Student Information Reports (ISIR) loaded in all of the 2010 aid year. Also, more students have already been verified this year than in all of last year.

In addition to the content changes, there will be changes to FAFSA on the Web. The new design is intended to streamline the process and allow for a single point for entry. This will allow the applicant to log in and :

Information in this chart is accurate as of December 7, 2010.

• • • • • • • •

Start a FAFSA Continue a FAFSA Complete a FAFSA Check the status of a submitted FAFSA View or print processed results Correct FAFSA information Print signature pages Review and update his or her correction history

To familiarize yourself with the new design, you should visit the FAFSA on the Web Demonstration site (fafsademo.test.ed.gov) after mid-December. The user name is “eddemo” and the password is “fafsatest.”


Knights Helping Knights Pantry

College Goal Sunday

The Office of Student Financial Assistance has been participating in a food and toiletry drive organized by Senior Financial Aid Specialist Yee Lui. All items collected will be donated to the on-campus food and clothing pantry, Knights Helping Knights Pantry. The Knights Helping Knights Pantry is located in the UCF Ferrell Commons and open to all UCF students. Their hours of operation are Monday through Friday 1:00PM to 6:00PM. To assist everyone in selecting items to donate, the Knights Helping Knights Pantry has provided a list of essential items and items which they have in abundance.

The University of Central Florida is a site for College Goal Sunday this year. College Goal Sunday is an event which offers free professional assistance to students and their families with completing the Free Application for Federal Student Aid (FAFSA). This helps to ensure that every potential or returning student has the opportunity to file the FAFSA in an accurate and timely manner.

Needed

Not Needed

Tuna

Green beans

Clothing items (including shoes)

Ramen noodles

Hygiene items (toothbrushes, etc.)

Chicken noodle soup

Other canned proteins

Canned corn

Napkins Glad storage bins Ziploc bags Plastic wear (forks, spoons, knives)

Tomato soup

Donations will be accepted until Friday, January 7, 2010. The donation box is located on the back counter of the appointment desk. If you have any large donation that will not fit in the box, please contact Yee to make arrangements.

Second PELL: Phase 2 During 2009-2010, the Office of Student Financial Assistance (SFA) began awarding eligible students with a second Pell Grant based on a provision in the Higher Education Opportunity Act of 2008. In effect, this allows students to receive a Pell Grant in the summer even if they received their Pell Grant based on full-time enrollment in the fall and spring semesters. To be eligible to receive a second Pell Grant, students must continue to meet all general eligibility criteria. Also, they must use all of their first Pell Grant before receiving a second Pell, and they are required to be enrolled in at least six credit hours. For 2010-2011, all of the previous requirements will continue to be in place. However, there are two new aspects SFA will need to factor in when giving a student a second Pell Grant.

The event will take place on Sunday, February 20th. Based on previous experiences, a large turnout is expected. If you are available, please volunteer to help make this a positive experience for as many students and families as possible. Volunteers will do various jobs from helping to complete the FAFSA to directing students to the appropriate location. No matter what your expertise, your help will be greatly appreciated. Volunteers are needed for the day of the event from 1:00PM to 5:30PM, please sign-up with Nina Shurdom or e-mail her at nshurdom@mail.ucf.edu.. Students must demonstrate Acceleration. To do so, the student must have at least one hour attributable to the second academic year. Since 12 credit hours is considered full-time enrollment at UCF, the student would need to have completed 24 credit hours and be working on the 25th to demonstrate Acceleration. For students that are successfully completing their attempted hours, this should not be too much of an issue. However, counselors should not assume that a student will successfully complete their hours when they are advising a student about funding for the summer session. The second factor coming into play during 2010-2011 is Crossover Payments. Since the summer semester at UCF contains a crossover period (a payment period containing both June 30 and July 1), SFA must compare the Pell payment for the current and upcoming award year to determine which year would entitle the student to a higher award/payment. To assist the student and ease the burden of reprocessing, counselors should advise new and returning students to complete the 2011-2012 FAFSA as soon as possible.

MISSION STATEMENT To provide UCF students and the university community comprehensive quality service by offering options for financial assistance and efficient delivery of aid. The Office of Student Financial Assistance, a unit of Strategy, Marketing, Communications and Admissions, is dedicated to the attainment of UCF’s mission and goals.


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