Week 7 Assignment Insurance Matrix

Only available on StudyMode
  • Topic: Financial aid, Debt, Loan
  • Pages : 7 (1685 words )
  • Download(s) : 71
  • Published : March 7, 2012
Open Document
Text Preview
Financial Aid Office 3157 E. Elwood Street Phoenix, AZ 85034

January 17, 2012

Lashanda K Williams 3148 Grace Miller Rd. Newton, GA 39870

IRN: 9044494993 Campus: Onl Assoc College Univ of Phx Award Year: 2012

Dear Lashanda, Congratulations! You are eligible to receive $5,550.00 in federal financial aid grants, $9,500.00 in federal financial aid loans for a combined to total award of $15,050.00. We provided the calculation to help you understand your need-based aid award amount. The amount of STUDENT REPORTED OTHER AID may affect your award amount. Please confirm that this amount reflects aid directly paid to you and not funds the University receives on your behalf, as these funds are reflected in the OTHER AID ADJUSTMENTS. In addition, please ensure the amount you have or will receive is accurate in the STUDENT REPORTED OTHER AID column. If you have any questions or need to update the amount in STUDENT REPORTED OTHER AID, contact your finance advisor. A Glossary of Terms is provided for your convenience. Please refer to the tables below for details of your financial aid awards. Financial Aid Awards Academic Year Starting: 01/16/2012

AFA cc: Student File

NT6 Page

V2 06/27/2011 1

Financial Aid Office 3157 E. Elwood Street Phoenix, AZ 85034

Cost of Attendance (COA) Expected Family Contribution (EFC) PELL Grant Funds STUDENT REPORTED OTHER AID Tuition Assistance/Reimbursement Other Aid OTHER AID ADJUSTMENTS Oracle Financial Assistance Scholarships State Grants Veterans Assistance Academic Competetiveness/SMART Grant FSEOG Grant Need-Based Institution Grants PERKINS Loan Direct Subsidized Loan Awarded TEACH Grant TOTAL NEED-BASED AID ELIGIBILITY REMAINING COST-BASED AID ELIGIBILITY Montgomery GI Bill Americorps Direct Unsubsidized Loan Awarded PLUS Loan Awarded Grad PLUS Loan Awarded Private Loan Non-Need-based Institution Grants TOTAL REMAINING COST-BASED AID ELIGIBILITY

Amount $19,680.00 $0.00 $5,550.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $3,500.00 $0.00 $10,630.00 $10,630.00 $0.00 $0.00 $6,000.00 $0.00 $0.00 $0.00 $0.00 $4,630.00

AFA cc: Student File

NT6 Page

V2 06/27/2011 2

Financial Aid Office 3157 E. Elwood Street Phoenix, AZ 85034

Credits Earned Weeks of Instructional Time Federal Loan(s) Direct Loan Sub - 1 Direct Loan Unsub - 1 Total Federal Loan(s) Federal Grant(s) PELL

First Disbursement 12 Credits 18 Weeks Minimum

Second Disbursement 12 Credits 18 Weeks Minimum

Total 24 Credits 36 Weeks Minimum

Amount $1,750.00 $3,000.00 $4,750.00

Anticipated Date* Amount 15-FEB-2012 $1,750.00 15-FEB-2012 $3,000.00 $4,750.00

Anticipated Date* 31-MAY-2012 $3,500.00 31-MAY-2012 $6,000.00 $9,500.00

Amount $2,775.00 $2,775.00 $5,550.00

Credits Needed to Complete 12 12

Anticipated Date* Total 26-JAN-2012 31-MAY-2012 $5,550.00 $5,550.00 $15,050.00

Total Federal Grant(s) Total Award(s)

* Financial aid disbursement dates are estimates. Any changes and/or breaks in attendance or failure to start class as scheduled may change the disbursement dates provided and/or prevent your financial aid funds from being disbursed or both. Actual dates are determined by your eligibility at time of disbursement. Changes to the anticipated disbursement dates may be caused by, and not limited to, the following: Changes to your course schedule Changes to your program of study Unsuccessful course completion Satisfactory academic progress (SAP) Lender processing times

Your second disbursement date is determined by the following : - Successful completion of minimum required credits and weeks of instructional time within the first payment period - Attendance in the first course of the second payment period

AFA cc: Student File

NT6 Page

V2 06/27/2011 3

Financial Aid Office 3157 E. Elwood Street Phoenix, AZ 85034

Frequently Asked Questions How will I know when my financial aid award funds are received by the University? If you meet all eligibility...
tracking img