SIUE Paying For College 2013

2013-2014

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 for you 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 you educational excellence that is affordable.

For the third consecutive year, Washington Monthly ranks SIUE among the top 50 out of the 682 master’s universities in the nation. SIUE is 25th 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 2013 lists SIUE among the top 15 public universities in the best Regional Universities Midwest (master’s

granting) category for the ninth 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

$9,666.40

$8,531.00

$18,197.40

Governors State University

$9,386.00

on-campus housing not available

on-campus housing not available

Chicago State University

$10,020.00

$8,470.00

$18,490.00

Northeastern Illinois University

$10,338.00

on-campus housing not available

on-campus housing not available

Western Illinois University

$10,940.10

$9,190.00

$20,130.10

Eastern Illinois University

$11,144.00

$8,996.00

$20,140.00

University of Illinois – Springfield

$11,135.50

$9,300.00

$20,435.50

SIU Carbondale

$12,104.00

$9,527.00

$21,631.00

Northern Illinois University

$12,852.66

$8,998.00

$21,850.66

Illinois State University

$13,009.60

$9,624.00

$22,633.60

University of Illinois – Chicago

$16,472.44

$9,492.00

$25,964.44

University of Illinois – Urbana/Champaign

$17,379.00

$10,636.00

$28,015.00

Source: Institutional websites June 2013

At SIUE, the average financial aid package from all sources is $11,416.

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 21st in the nation among its Top 50 Safest Colleges.

Newly enrolled SIUE freshmen or transfer undergraduate students lock in a guaranteed tuition rate for four continuous academic years.

72% of the SIUE student body receives financial aid.

SIUE awarded more than $147 million in grants, loans, tuition waivers, scholarships and student employment to students last year.

Out-of-state residents with a 23 ACT or better can save nearly $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 $147 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/ Premier Scholars

GEO Scholars

Out-of-State Residents

Tuition

$7,296.00

$8,755.50

$18,240.00

Fees*

$2,370.40

$2,370.40

$2,370.40

Room & Board**

$8,531.00

$8,531.00

$8,531.00

$18,197.40 $19,656.90

$29,141.40

Total

* U ndergraduate, two semesters, 15 semester hours each. Prices reflect academic year 2013-2014. ** 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.

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 your student fees.

Don’t forget to budget for recreation, supplies, personal items and other expenses, which are not paid directly to the University.

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Tuition and Fees

$9,666

Room and meal plan

$8,531

Recreation, supplies, personal items and other expenses* $4,872* Estimated cost of attendance

$23,069

*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

$7,045

Federal Grants

$0

State Grants

$3,990

State Grants

$0

SIUE Scholarship

$3,000

SIUE Scholarship

$3,000 $7,500

Total Aid

$22,535

Total Aid

2013-14 Cost of Attendance

$23,069

2013-14 Cost of Attendance

Federal PLUS Parent Loan

$534

Remaining Costs

$0

Federal PLUS Parent Loan

$23,069 $14,569

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

$4,195

Federal Grants

$0

State Grants

$3,990

State Grants

$0

SIUE Scholarship

$3,000

SIUE Scholarship

$3,000 $8,500

Total Aid

$19,685

Total Aid

2013-14 Cost of Attendance

$23,069

2013-14 Cost of Attendance

Federal PLUS Parent Loan Remaining Costs

$3,384 $0

Federal PLUS Parent Loan Remaining Costs

$34,309 $5,500

$23,069 $14,569 $0

These examples show costs for the 2013-2014 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 you cover the cost of your college education.

Scholarship/Award Opportunities and Application Deadlines

Award Amount

Meridian Full Tuition, Fees, Room and Scholarship Board as funding is available 12/2/2013 including submitting the Meridian Profile online: siue.edu/meridian

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Criteria

Admitted freshmen with a composite ACT score of ≥ 27 (1210 SAT) will be considered.

Cougar Pride Scholarship 12/2/2013

Up to $16,000 over 4 years as funding is available

Admitted freshmen with a composite ACT ≥ 23 (1050 SAT) and transfers (3.0 GPA in at least 24 semester hours of transferable coursework) will be considered.

Johnetta Haley Scholarship 12/2/2013

Up to $16,000 over 4 years as funding is available

Admitted freshmen with a composite ACT ≥ 23 (1050 SAT) and transfers (3.0 GPA in at least 24 semester hours of transferable coursework) will be considered. This scholarship is designed to support enrollment of students who are underrepresented in their anticipated field of study.

Premier Scholarship 12/2/2013

Eligible out-of-state freshmen and transfers receive the in-state tuition rate. The scholarship equates to an annual reduction in tuition of approximately $11,000 (based on 15 semester hours of credit) as funding is available.

First-time, full-time out-of-state freshmen with a composite ACT ≥ 27 (1210 SAT) and transfers (3.0 cumulative college GPA in at least 24 hours of transferable course work).

Geographic Enhancement Opportunity Scholarship (GEO) 12/2/2013

Eligible out-of-state freshmen and transfers can receive up to $9,400 (based on 15 semester hours of credit) as funding is available.

First-time, full-time out-of-state freshmen with a composite ACT score 23-26 (1050-1200 SAT) and transfers (2.50-2.99 cumulative college GPA in at least 24 hours of transferable course work), or who have been recognized through a competitive departmental process.

e-Guarantee Limited funding.

Preferential consideration will be given to students completing the application for admission on or before 12/2/2013 and filing the FAFSA as soon as possible after 1/1/14.

Amounts will vary. After completion of the Free Application for Federal Student Aid (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.

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 2. 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 2. 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 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 2013 federal tax return information. You do not have to have completed your tax return to file the FAFSA. 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: $11,416

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

$605-$5,645

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 3.86%; interest rate for unsubsidized loans is 3.86%.

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 6.41% Repayment of loan can be deferred until student has been out of school six months May defer payments while enrolled at least half time

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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 200 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.

of and undergraduate 177 areas 43 undergraduate 67 graduate study programs professional programs 56minors

Student/faculty ratio of 17 to 1 Average class size is 24 students 2,660 Nearly 14,000 students from 37 states and 40 nations More than 70% of the student body receives financial aid: $147 million (AY13)

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, 8/13, 30m, 14070136

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:

18 trees

7.8 million BTUs

Greenhouse gases prevented:

Wastewater reduction:

Solid waste reduction:

1,852 lbs.

8,352 gallons

529 lbs.