The webinar held Sept. 8 discusses the different types of financial aid for students, how to apply for financial aid and details about how financial aid works. Marla Lewis, assistant director of financial aid, reviews FAFSA, scholarships, grants, loans, the University’s federal work study program as well as important dates to remember for the process. Here are some key points in case you didn’t get to tune in to the live event.
What is financial aid?
Financial aid is any resource used to pay for educational charges that helps to offset the expense of attending college. Financial aid can come in the form of grants, scholarships, loans or work study programs. There is state, federal, institutional and private financial aid.
- FAFSA stands for the Free Application for Federal Student Aid
- Begins October 1
- Must be renewed every year
- Must be completed on government website
Once your FAFSA is complete it will provide you with an Expected Family Contribution (EFC). This amount will be subtracted from your Cost of Attendance (COA) resulting in the amount of need-based financial aid for which you are eligible.
- FFAA stands for Florida Financial Aid Application
- The FFAA is used to apply for Bright Futures as well as other state grants
- Must be completed prior to high school graduation
The requirements for Florida Bright Futures are subject to change. Please visit www.floridastudentfinancialaid.org
The University of North Florida offers their own grants and scholarships to eligible students. Students who have been admitted to the University will automatically be considered for merit-based aid and will be notified if they qualify via post. Students with an error-free FAFSA will also be considered for need-based funding.
Private financial aid can come from a variety of sources.
- Private corporations
- Civic groups/unions
- Private organizations
- High School PTAs
- Religious organizations
- Chamber of Commerce
- School districts
Financial aid websites
Any questions regarding financial aid can be directed to One-Stop Student Services at (904) 620-5555.
General information is provided on the University’s website www.unf.edu.
Frequently asked questions
What is the deadline to apply for financial aid?
The FAFSA opened Oct. 1 and students can now begin to apply for financial aid. The University begins packaging financial aid in December and will continue to offer students financial aid awards as long as funding is available.
What are the requirements to maintain financial aid?
You must maintain satisfactory academic progress: complete at least 67% of your attempted coursework and maintain a GPA of 2.0.
Will financial aid have any effect on my admission to UNF?
No. The FAFSA is not considered until after a student has already been admitted to the University.
You can watch this webinar and many others on our YouTube channel!