2015-2016
Paying for College Scholarships & Financial Aid
siue.edu
– A Valuable Education When taking into account the price tag of a college education, it’s important to consider the value of the education you will receive. An SIUE education is an extraordinary investment—one that comes with a lifetime of benefits. With one of the lowest tuition and required fees of all four-year institutions in Illinois, SIUE offers educational excellence that is affordable. For the fourth consecutive year, Washington Monthly ranks SIUE among the top 60 out of the 684 master’s universities in the nation. SIUE is 23rd among public institutions on that list. Unlike conventional college rankings, Washington Monthly evaluates an institution’s “contribution to the public good” in three broad categories: social mobility, research and service. U.S.News & World Report Best Colleges of 2014 lists SIUE among the top 10 public universities in the best Regional Universities Midwest
(master’s granting) category for the tenth consecutive year. SIUE faculty are committed to translating innovative research into student learning opportunities and success. SIUE’s Undergraduate Research and Creative Activities program allows students to enrich their undergraduate academic experience and career through research collaborations with faculty. Students design, conduct and assist with scholarly projects in virtually every field of study.
SIUE has one of the lowest tuition and required fees of all four-year institutions in Illinois. University
Tuition & Fees
Room & Board
Total Cost
SIUE
$9,738.00
$8,781.00
$18,519.00
Governors State University
$9,386.00
*$5,238.00
$14,624.00
Chicago State University
$10,020.00
$8,723.00
$18,743.00
Northeastern Illinois University
$10,436.00
Western Illinois University
$11,282.00
$9,450.00
$20,732.00
Eastern Illinois University
$11,108.00
$8,996.00
$20,104.00
University of Illinois- Springfield
$11,367.00
$9,600.00
$20,967.00
SIUC
$12,247.00
$9,694.00
$21,941.00
Northern Illinois University
$11,992.00
$9,670.00
$21,662.00
Illinois State University
$13,126.00
$9,816.00
$22,942.00
University of Illinois- Chicago
$16,588.00
$10,026.00
$26,614.00
University of Illinois Urbana/Champaign
$18,104.00
$10,848.00
$28,952.00
*Cost of Room only; does not include meal plan
Source: Institutional websites June 2014
on-campus housing not available
At SIUE, the average financial aid package from all sources is $11,950. SIUE prepares students for more than just a successful career. Built on the foundation of a broad-based liberal education, and enhanced by hands-on research and real-world experiences, an SIUE education equips students to thrive in the global marketplace and make their communities better places to live.
Paying for College Quick Facts More than
Rest assured, SIUE students live and learn in an environment that is not only academically inspiring, but safe, as well. The nationally recognized online news magazine, The Daily Beast, ranks SIUE among the safest colleges in the nation.
Newly enrolled SIUE freshmen or transfer undergraduate students lock in a guaranteed tuition rate for four continuous academic years.
70% of the SIUE student body receives financial aid.
SIUE awarded more than $148 million in grants, loans, tuition waivers, scholarships and student employment to students last year.
Out-of-state residents qualifying for special tuition rates can save more than $40,000 over four years at SIUE.
2,300 competitive merit-based scholarships with a four-year value ranging from $8,000 to full tuition. Last year, SIUE awarded more than
Paying for College Now that you have decided SIUE is the right place for you, the next step is to make a plan to pay for college. Financing your education doesn’t have to be a mystery. The SIUE Office of Financial Aid will work with you to put together a combination of scholarships, grants, student loans, parent loans and student employment to help you fund your education. Last year alone, SIUE administered more than $148 million in student financial aid. No matter what your financial circumstances, the SIUE Office of Financial Aid is here to help you afford a quality education.
What Does it Cost to Attend SIUE? ***In-State Residents/ High Achievers Scholars
GEO Scholars
Out-of-State/ International Residents
Tuition*
$7,296.00
$8,755.50
$18,240.00
Fees*
$2,442.10
$2,442.10
$2,442.10
Room & Board**
$8,781.00
$8,781.00
$8,781.00
$18,519.10
$19,978.60
$29,463.10
Total
* U ndergraduate, two semesters, 15 semester hours each. Prices reflect academic year 2014-2015. ** B ased on a shared room in freshman residence hall, meal plan A, and includes campus housing activity fee. Undergraduate fees include the cost of renting basic textbooks. This program allows you to rent books instead of buying them. *** Newly entering freshmen, transfer students and master’s-level graduate students from Arkansas, Iowa, Indiana, Kentucky, Missouri., Tennessee and Wisconsin will pay the same in-state tuition rate as students from Illinois (siue.edu/instatetuition)
New student estimated expenses We have estimated what it will cost for Illinois residents to live and learn at SIUE. Estimates are for an undergraduate student who takes 15 credit hours each semester, lives on campus, and has a five-day meal plan. SIUE’s textbook rental program is an economical alternative to purchasing most textbooks. The rental fee ($12.30 per credit hour) is included in student fees. Don’t forget to budget for recreation, supplies, personal items and other expenses, which are not paid directly to the University. 2
Tuition and Fees
$9,738
Room and meal plan
$8,781
Recreation, supplies, personal items and other expenses* $5,105* Estimated cost of attendance
$23,624
*An allowance, not a billed cost
What SIUE costs might look like for you There are many factors that will impact your financial aid package—savings, number of family members, number of students in college, student earnings. Here are some examples of what financial aid might look like for you. These scenarios do not include the maximum amount available from SIUE merit scholarships (see page 4), external scholarships, or student employment other than federal work study. Lower Income Family of Four, One Child in College
Middle Income Family of Four, One Child in College
Adjusted Gross Income
Adjusted Gross Income
$12,779
Estimated Family Contribution
$0
$56,319
Estimated Family Contribution
$5,447 $5,500
Federal Student Loans
$5,500
Federal Student Loans
Federal Work Study
$3,000
Federal Work Study
$0
Federal Grants
$7,130
Federal Grants
$0
State Grants
$3,990
State Grants
$0
SIUE Scholarship
$3,000
SIUE Scholarship
$3,000 $8,500
Total Aid
$22,620
Total Aid
2013-14 Cost of Attendance
$23,625
2013-14 Cost of Attendance
Federal PLUS Parent Loan
$1,005
Remaining Costs
$0
Federal PLUS Parent Loan
$23,625 $15,125
Remaining Costs
$0
Middle Income Family of Four, One Child in College
Higher Income Family of Four, One Child in College
Adjusted Gross Income
Adjusted Gross Income
$33,169
$125,242
Estimated Family Contribution
$1,459
Estimated Family Contribution
Federal Student Loans
$5,500
Federal Student Loans
Federal Work Study
$3,000
Federal Work Study
$0
Federal Grants
$4,280
Federal Grants
$0
State Grants
$3,990
State Grants
$0
SIUE Scholarship
$3,000
SIUE Scholarship
$3,000 $8,500
Total Aid
$19,770
Total Aid
2013-14 Cost of Attendance
$23,625
2013-14 Cost of Attendance
Federal PLUS Parent Loan Remaining Costs
$3,855 $0
Federal PLUS Parent Loan Remaining Costs
$34,309 $5,500
$23,625 $15,125 $0
These examples show costs for the 2014-2015 academic year and are for reference only. You will have to complete your Free Application for Federal Student Aid (FAFSA) and receive your award notice to know exactly how much aid you will receive from SIUE. Applying for scholarships may further reduce your cost.
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Consider Your Options: SIUE Scholarships SIUE is committed to supporting exceptional academic talent and offers several scholarships to recognize and reward academically talented students while helping to cover the cost of your college education. Scholarship/Award Opportunities and Application Deadlines Fall Entry Only
Award Amount
Criteria
Meridian Scholarship 12/1/2014 including submitting the Supplemental Profile online: siue.edu/ meridian; International students eligible
Full tuition, fees, room and board as funding is available
Admitted freshmen with a composite ACT ≥ 27 (1210 SAT) will be considered.
Cougar Pride Scholarship 12/1/2014
Up to $16,000 over 4 years as funding is available
Admitted freshmen with a composite ACT ≥ 23 (1050 SAT) and transfers with a 3.0 GPA in at least 24 semester hours in transferable coursework will be considered.
Johnetta Haley Scholarship 12/1/2014
Up to $16,000 over 4 years as funding is available
Admitted freshmen with a composite ACT ≥ 23 (1050 SAT) and transfers with a 3.0 GPA in at least 24 semester hours in transferable coursework will be considered. This scholarship is designed to support enrollment of students who are underrepresented in their anticipated field of study.
e-Guarantee Limited funding. Preferential consideration will be given to students completing the application for admission on or before 12/1/2014 and filing the FAFSA as soon as possible after 1/1/15.
Amounts vary. After completing the FAFSA, and applying all available State and Federal programs to a student’s account, SIUE will assist families with filling remaining unmet financial need. Awards will be made as funding is available.
Admitted Illinois freshmen with an ACT ≥ 19 (900 SAT), $0 Expected Family Contribution (EFC) and family income levels at or below federal poverty guidelines.
In- state tuition available to residents of: Arkansas, Indiana, Iowa, Kentucky, Missouri, Tennessee and Wisconsin; children, grandchildren, siblings, step-children of SIUE alumni; students with an ACT score of 27 or above (SAT 1210-1240).
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High-Achiever Scholarship 12/1/2014
Eligible out-of-state freshmen receive the in-state tuition rate. The scholarship equates to an annual reduction in tuition of approximately $11,000 (based on15 semester hours of credit) as funding is available.
First-time, full-time, out-of-state freshmen with a composite ACT ≥ 27 (1210 SAT).
Geographic Enhancement Opportunity Scholarship (GEO) 12/1/2014 International students eligible
Freshmen and transfers meeting criteria are eligible for up to $9,400 (based on 15 semester hours of credit) as funding is available.
First-time, full-time admitted out-ofstate freshmen with a composite ACT ≥ 23 (1050 SAT); transfers with a 3.0 GPA in at least 24 hours in transferable coursework; international students with a 2.9 GPA and 79 TOEFL, or equivalent, or who have been recognized through a competitive departmental process.
Other scholarship opportunities University/Foundation Scholarships: A variety of scholarships are made possible by gracious gifts from alumni, faculty, staff and community supporters. Department Scholarships: SIUE offers several academic scholarships in specific areas of study. For complete details on all scholarships and tuition awards, please visit siue.edu/financialaid.
Paying for college checklist for entering students n S cholarships are awarded at the beginning of each fall semester only. To be
considered for most SIUE scholarships, submit your completed admission application and all supporting documents postmarked by December 1. n E ntering freshmen only: To be considered for Meridian Scholarships, submit
the Meridian Supplemental Profile which includes a resume and essay postmarked by December 1. The profile can be found at siue.edu/meridian. n I n December, go to pin.ed.gov to obtain a federal PIN which is necessary
to complete the Free Application for Federal Student Aid (FAFSA). For dependent students, obtain a parent PIN and a student PIN. n A s soon after January 1 as possible, complete a FAFSA online at fafsa.gov
and have your processed financial aid information sent to SIUE (Title IV code 001759). You do not have to have your taxes completed before you submit the FAFSA; you may estimate income information and return to the FAFSA later, after your taxes are completed, and make corrections. n P repare your tax returns as soon as possible. n B eginning in April, watch your SIUE email for notification of your financial
aid award from SIUE. You may receive a request for additional information to complete the verification process. n O nce you are an enrolled SIUE student, you can check on your personal
student records through CougarNet at siue.edu/cougarnet or find a student job at siue.edu/studentemployment.
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Consider Your Options: Financial Aid We know that paying for college can be stressful. At SIUE, our financial aid office is ready to help you find options to finance your education and realize your dreams. We will work with you to manage college costs, regardless of your financial circumstances. SIUE offers state and federal grants, a variety of federal loan options, and student employment to assist in providing you a most competitive financial aid package. It may not be easy, but consider it an investment in your future. The first step is to complete the FAFSA. You can link from the SIUE financial aid website at siue.edu/financialaid or directly at fafsa.gov. Complete the FAFSA as soon as possible after January 1 of your high school senior year. To qualify for financial aid at SIUE, you must: nB e
admitted as a degreeseeking student nE nroll at least half-time each term (six hours for undergraduates, five hours for graduates) nM aintain satisfactory academic progress nN ot be in default on other student loans or owe a grant refund
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How to apply for financial aid Getting started is easier than you might think.
1. Go to pin.ed.gov to obtain a PIN
(personal identification number) for yourself and one parent, if needed. 2. Use your PIN as your identifier and electronic signature when you complete your FAFSA online at fafsa.gov. 3. Complete your FAFSA online. You will be asked for your 2014 federal tax return information. You can file your FAFSA before completing your tax return. You may estimate your tax information and when your taxes have been submitted, return to the FAFSA website and make corrections. About three weeks after you have submitted your federal taxes, you may use the IRS Data Retrieval Tool on the FAFSA to enter your income information. The SIUE Federal School Code is 001759.
Average award for an in-state undergraduate student receiving aid: $11,950
Loans
34% Grants and scholarships
Grants and scholarships
65% Loans
Work Study 1% Work study
Grants Annual Amount
Eligibility Criteria
How to Apply
Basis for Award
Federal Pell Grant
$602-$5,730
U.S. citizen or permanent resident with financial need
File FAFSA online as soon after January 1 as you can
Need as defined in federal formula
Federal Supplemental Educational Opportunity Grant (SEOG)
$1,400-$2,200
U.S. citizen or permanent resident with financial need
File FAFSA online as soon after January 1 as you can
Need as defined in federal formula (limited funds)
Monetary Award Program (MAP)
Partial Illinois tuition/fees (depending on state appropriations)
Illinois resident with financial need
File FAFSA online as soon after January 1 as you can
Need as defined in state formula (limited funds)
Student-toStudent Grants
Up to $1,000
Illinois resident with financial need
File FAFSA online as soon after January 1 as you can
Need as defined in federal formula (limited funds)
Name
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Student Loans Name
Annual Amount
Eligibility Criteria
How to Apply
Loan Terms
Federal Stafford Direct Loan
Freshman (Dependent) $5,500 max (up to $3,500 subsidized) Freshman (Independent) $9,500 max (up to $3,500 subsidized)
U.S. citizen or permanent resident
File FAFSA online
Interest rate for subsidized loans is 4.66%*; interest rate for unsubsidized loans is 4.66%*. Subsidized loans do not accrue interest as long as the student is enrolled at least half-time. Interest starts accruing as soon as the student drops below half-time. Unsubsidized loans start accruing interest as soon as the loan is disbursed. For both the subsidized and unsubsidized loans, repayment begins six months after the student drops below halftime or leaves school.
Sophomore (Dependent) $6,500 max (up to $4,500 subsidized) Sophomore (Independent) $10,500 max (up to $4,500 subsidized) Junior/Senior (Dependent) $7,500 max (up to $5,500 subsidized) Junior/Senior (Independent) $12,500 max (up to $5,500 subsidized)
Federal PLUS Loan (parent and graduate student loan)
Up to total cost of education less other financial aid
Creditworthy parent of dependent student or graduate student
File FAFSA online and complete PLUS application
Interest rate 7.21%* Repayment of loan can be deferred until student has been out of school six months. May defer payments while enrolled at least half-time.
*2014-2015 student loan interest rates. Percents may change for 2015-2016.
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Student Employment Part-time employment is an easy option to help finance your education. Nearly 1,500 students work in various departments on campus and hundreds are placed in off-campus positions. You can work in the library, admissions and enrollment, financial aid, food service, the student newspaper, fitness and recreation, and various academic departments.
SIUE offers three types of student employment nF ederal
Student Employment - Part-time student job, usually on campus - Some off-campus community service jobs are available - Awarded based on financial need - Completed FAFSA application required
nR egular
Student Employment (RSE) - Part-time, on-campus student jobs - Not based on financial need
n J ob
Locator and Development (JLD) - Part-time, off-campus student jobs - Not based on financial need
If you are entering SIUE in the fall, you are eligible to begin looking for jobs around the last week of July. To learn more about student employment at SIUE, or to apply for employment, use the Student Job Finder at siue.edu/studentemployment.
About Founded in 1957, SIUE is a fully accredited public institution—beautifully situated in Edwardsville on 2,660 acres just 25 minutes from downtown St. Louis. Nearly 14,000 students choose SIUE for our enriching programs and engaging faculty. Our vibrant campus offers students modern residence halls, more than 250 student organizations and state-of-the-art learning environments. The University offers majors in nursing, engineering, education, business, arts and sciences, pharmacy, and dental medicine. Check out our full list of programs at siue.edu/academics. of undergraduate 226areas 90 undergraduate 59 graduate 6 doctoral 15 graduate study certificates 56minors
Student/faculty ratio of 16 to 1 Average class size is 23 students 2,660 Nearly 14,000 students from 39 states and 43 nations More than 70% of the student body receives financial aid: $148 million (AY14)
acre campus
25 minutes from downtown St. Louis 3,500 students live on campus NCAA Division I Athletics Ohio Valley Conference Missouri Valley Conference (men’s soccer) Southern Conference (men’s wrestling)
Printed by authority of the State of Illinois, 8/14, 30m, 15060030
Get started today at siue.edu/financialaid We’re here to help. SIUE Financial Aid Call us: 618-650-3880 Email us: finaid@siue.edu Visit us online: siue.edu/financialaid
SIUE is proud to support responsible use of forest resources. See below for some interesting statistics based on the selection of 100% recycled fiber materials used in this publication. Number of trees saved:
Total energy saved:
55 trees
50 million BTUs
Greenhouse gases prevented:
Wastewater reduction:
Solid waste reduction:
8,037 lbs.
26,469 gallons
2,664 lbs.