Understanding Your Financial Aid Package

Good evening and thank you so much for joining us here in full free Hall at Swanee, University of the South. My name is Beth Craiger Anne. I'm from the financial aid office and wanted to spend a little bit of time with you tonight to tell you more about your financial aid information that many of you have already received.

We anticipate the remainder of our notifications going out within the next 2 weeks.

I looked this afternoon and I think there are approximately 312 of you that we have not been able to finish. We had so many of you students completing the process on time. We appreciate that it did make for a little bit of a challenge to get everything out the door immediately, so it could give us just a few more days. We should have everything in place for those of you that already have your award notification. What we've sent you is a comprehensive.

Financial aid notification. This encompasses any type of academic award that you would have received that was noted. He were notified from admission right after they told you were admitted, and then we've incorporated for those students who applied for need based aid. Any institutional need based aid. Federal aid stay an if you were eligible for loan or work. So all of that is on your notification.

If you have that, or if you just wanna call along with the screenshots, I'd tell you that there's some nice help text when you look at those. Anything that has a little I buy it that has information, so it goes into a little bit more detail about that data element an our contact information is there. We know you're still going to have questions. Be hopefully answer a lot tonight, but those things are really helpful as you're going through that.

The notifications were sent via email to the email that was on your common application. So if for any reason you think you should already have one.

Please double check your email. We've had some go to spam folders so it is there. We can always resend it. If you need us to do that. So just contact us.

The cost of attendance is the very first piece that box at the top and what you see broken out or two different pieces of cost of attendance for a financial aid notification. The direct costs, tuition, fees, room and board, and those are the things you would be build this summer as you see your student account information.

The other costs are what we call indirect costs. We know you're going to have those expenses while you're at school, and we do use all of that information when we're calculating your eligibility for need based aid. 'cause you are going to have to have books and they have some personal expenses. And we do know there's travel. The travel on the sample we have there. That's from one of our test cases when we were doing all our formatting. I'm afraid Leonard Hofstetter may have.

Travel to a Galaxy far far away because we don't really have travel allowances that are that high, but that just happens to be the one we used for our test case.

Just to let you know, in case you don't, our tuition is a flat rate. So if you take 16 hours, if you take 18 hours, if you take 20 hours, you're still going to be build the same tuition rate. The board. Sometimes people don't recognize that that is the meal plan.

And students have pretty much what we almost call continuous dining dining Halls Open.

A very long period so they can go in and out, eat, and that's unlimited. So the other piece of that would be your fees that encompass is a post office box be an activity fee and students voted in a green feed. It's not to go play golf, it is. We get that question, I promise.

Off camera kind of smiled. Real big at that one. But that is for recycling and things of that nature. I literally had someone call and say, but my son doesn't play golf, but is not a green speed.

So there's your cost for the entire year. Below that, you'll see where we've broken out your financial aid information by semester, so you got three columns, one for first semester. What we call here, advent, fall, spring, what we call Easter and then your total. The very first thing there. We've reflected his Gift Aid. Now some students may have Tennessee State information in there. You may have a Pell Grant. There could be other information other than what Leonard received.

He did receive one of our academic scholarships, uncertain that Sheldon would have been up.

Showing him his scholarship that might have been larger, but he received a scholarship and he was also eligible for some need based aid. So that's where the University grant funds come in.

You'll notice that that one on your award notification has an asterisk by it. That means that you have to reapply for that fund each and every year. It's need based the funds that do not have an astrik.

You don't need to reapply for those.

After that we're showing you the Student Loans. Those are most certainly optional.

In case you don't know about this piece, what I like to make sure families understand is the difference between a subsidized and unsubsidized loan for students borrowing a subsidized loan. You do not have any interest accruing while you're enrolled in school. Pretty important, the unsubsidized does accrue interest in. Currently that interest rate is at four point five 3%.

There is also an origination fee associated with federal loans, so it's important to know that if a student borrowed the full amount of both of those loans, what actually applies to your account is $3463 for the year on the subsidized loan and 1900 and $80.00 on the oven. Subsidized wild.

So just something to be aware of because you look a little bit further down the page where the balance information is not going to be quite that much. It'll be a little bit less because of those loan origination fees at the student chooses to use the loan.

After that, if a student was eligible for work study, you'll see that work study is reflected there. One of the questions we get every single year is all the totals, not right. You didn't subtract my work study and we don't do that because students are paid directly for the amount of hours that they work each month. Your own campus.

Students will actually apply for those positions later in the summer for all of our deposited students. They'll get information on how to apply for positions we have over 500 positions on campus. Those can be an academic Department, administrative departments, their community service options, so there's a wide variety of positions for our students.

But I would also tell parents you might be listening. Students work approximately 8 hours a week, so there's sometimes some concern about how students will manage their coursework and on campus job.

Most students manage that very well and the eight hours is something that very rarely do. We see a student unless they just have decided they're not interested in work study, which is optional as balones.

They can manage this and it does give them a paycheck every month so that they have some spending money while there. Here on campus. Most of our jobs are at minimum wage $7.25 an hour for Tennessee. We do have some skilled positions, so a student who could potentially tutoring language would be paid at a higher rate for upper class when there are some advanced leadership positions that pay it. It even higher rate.

Those students are still working about 8 hours, sometimes less a week.

And what I'd stress for you is that our supervisors now are students. Are students first, so they're more than willing to work with our students, work on those schedules, make sure that they have an opportunity to earn their wages if they choose to, but that it's not interfering with class time. We do ask our students to be mindful of contacting supervisor, letting them know that you know I have this big paper.

I'm sick doing those things in a timely fashion. The exact same way we would do in a job, but that is the work study.

Process at this point.

An some of you will not have all of these things on your award notification. Everything that we have added after the academic award is need based so that had to deal with the information that you provided through the application process in financial aid. So if you don't have those items you did not qualify for those just letting you know that that might be everyone's awards going to be different. The information is different that you fill out on the FAFSA.

A free application for federal student.

Goodnight and we've evaluated those literally tell folks that there is not an easy button in financial aid. Actually, there is one. I've taken the battery out and will periodically go. Yeah, it it doesn't work, and that's simply because of the fact that we have looked at each and every one of these facts is one of the things we do is we double check to make sure you haven't made a mistake that reduced your eligibility for need based aid.

The typical mistake I see is where families have reported their retirement account and we've contacted families or we've reached out. We've got documentation so that we can accurately reflect your eligibility. That's really important to us here that you have the best information possible. So while it may take a little bit longer than some other school who's using the automatic packaging, and all of those great tools, I'd love to use them. I'd also hate to send you something that was inaccurate.

So we have reviewed each and every one of those documents that you sent in a person has looked at him on our campus.

After we look at those two pieces, I want to also point out that if you have your information available, if you're just following along, there's some links over there on the right hand side of the page. Those boxes that say, enroll, visit, learn more, keep your aid, why those are all links to additional information. Obviously the enroll will take you two years where you pay your deposit, so if you're ready to do that, just click the link, it's.

Easy if you were looking to schedule a visit, we are most certainly still open here. It's morning so there are no issues with coronavirus on campus and we're here at work, so if you're interested in a visit.

Please contact the office of admission. You can start that process through that link. Learn more as my favorite link an it's the one that has all the details about financial aid. There's a lot of information there. It goes into more detail about loads about work, study about our financing options. All of those things so it's pretty dense. Read, but there's some very important information there.

When we talk about keeping your aid, we're talking about a term that we call in financial aid, SAP or satisfactory academic progress. So there are some requirements to keeping your aid. Students must maintain a specific GPA. They must be progressing toward their degree, and all of those details are in that link. There's a nice PDF there that will walk you through again another dense read. Sorry, that's.

Kind of what happens in financial aid. The last one is a little bit more fun. It is why Sony and that piece gives you some information from our careers. Leadership development office tells you about outcomes. What other students have done have attendants morning. It's a really interesting piece to understand how you can take an English degree and do just about anything. So I little bit partial to that when it comes in. Just second under all my financial aid information. I need you guys to read.

But

Once you've gone through all of that information down at the bottom, we've broken out for you. What we anticipate. It's an estimated balance. So like I said, those loans have some origination fees. Students may add an art class that has an additional fee, so this is what we are anticipating the balance to be for the family over the course of the year. The balance is due for first semester July 31st.

And then December 31st is when you pay for second semester.

Underneath that we have a box that has some financing options an at the very next screen. I don't know that that one is up yet. I actually included it simply because I like the goat picture.

You're gone, but that was fun. And that was one of the ones we chose to include, but it also has the disclaimers explaining to you that you're applying for need based aid annually, and it's important to know that that can fluctuate based on your circumstances. One of the things I like for families to know, especially when I have an opportunity to talk to you face real face to face.

To walk a family through the data elements on their FAFSA and understand some of the driving factors that could change your need based aid moving forward. And the two main pieces of that Fasa when you filled it out, it asks for your parents adjusted gross income.

So anything that changes that can change your need based aid in subsequent years.

So a job change that increases wages dramatically, or job change that decreases wages. Those things can change the other piece of the puzzle that makes the most dramatic change is the number of students you have attending college. So if for any reason this year you were family size of five and three students will be enrolled in college next year, you the student who's coming to Swanee as a freshman.

Anne, your siblings who are Twins and will be seniors someplace at college during the 2000 twenty 21 academic year.

When they graduate and your family is now a household size of maybe still five that come home, they don't know what they're going to do just yet. Or their exploring Graduate School. And you're the only one in college next year. It's important to know that just so you understand how things can fluctuate, I don't like for our families to have surprises.

When you have a surprise, you're usually mad at me. So am I don't like surprises. I want you to have this information. If you have questions about these things, we are open. You can always call us. Reach us via email if the first person that gets that email or phone call doesn't have any answer, they will get you to the right person. So don't worry about that. We're also going to save a little bit of time at the end, so if you have some questions that are not.

Um, very personal in nature. With regard to your finances were not gonna answer those questions in a group setting. Please reach out to us individually for those if you have some general questions, we're going to leave some time at the end to cover those.

I want to return to the financing options peace, and as I understand we have at least one international student who registered for tonight. what I would tell you is your notification would not quite look like this. That piece at the bottom because there are some limitations on what we can offer for international students. That payment plan is available to all families.

So there is a payment plan that allows families to do this. Literally pay as you go.

So you can potentially do a four or five month payment for each semester. There's no credit check. There's no interest. There is an application fee of currently $40 per semester, so that gives us as parents an option to pay our portion without writing to relatively large checks each semester. We can do it in four to five months if we choose.

The next piece an on the notification it says studentloans.gov and what I would tell you is that the nice folks in the federal government in the Department of Education have combined all of their websites and it's now studentaid.gov. So if you go to studentaid.gov.

You can fill out a FAFSA. You can take care of loan information. All of that is now been combined in that condensed set so that you don't have to look for different websites. So studentaid.gov is the federal site.

And this is where if your student chooses to use alone, they will complete the necessary requirements for the federal process there.

Very first thing students going to do. It's actually through their admitted student portal. You're going to accept or decline that well, so we need the students to tell us that it's not up and ready yet. We're going to wait a little bit longer, be closer to May 1, when the deposit deadline looms, an let all of our students start that process at the same time. But that applicant checklist that your students have been monitoring.

That's where they will see these students. Specific financial aid items. So if you don't have allowed, you don't have work any of those things you won't see those items. They're very student specific, but the student will, first and foremost, except the loan.

On the applicant status page and then they can go in late late April. We don't need you to do this just yet. I know we've got a lot of over achievers out there an our applicant pool. There were some amazing students that were admitted and we're excited to have you joining us. But the federal government system is not ready for 2021 just yet.

So we need you to hold off on that part once it's up and running you can wait till late April, beginning of May. Every student who borrows a student loan has to complete a master promissory note and they also have to complete entrance counseling. This is all done at studentaid.gov.

So that information is readily available out there. If you wanna look at it now, if you want to learn more about loans, you can be exploring that there. But do wait first, accept it with us.

If you accept it first with us, then when you do the information on studentloans.gov, all that flows into our system. If you haven't accepted the loan, then it's kind of out there. It's not really in Limbo, but we have to manually match it. So except first or decline more than happy, if that's the way you want to do that, we don't have to take out a loan, and certainly most certainly do not borrow anymore than you absolutely need to pay your bill. We do not advocate for.

Over borrowing in any fashion, so we want students to be responsible about the debt that they assume for their education. So sit down, look at that. Make sure you know exactly what you need.

The other thing I would tell you about loans that's pretty important.

If you're applying for outside scholarships at Walmart scholarship, that Kiwanis Club anything that is not something that's coming from Swanee. If you want to use that to reduce your loan, please do.

That way you can reduce your debt burden at the end of your time with us or any other institution. So whatever you decide to do, please pay attention to your borrowing and make sure you only borrow what you absolutely need.

The other piece on our loan information at studentaid.gov is all about parent borrowers.

And this is an option that as parents we have to borrow a parent plus loan.

So this is a parent loan for undergraduate students and as parents we have the option to borrow up to cost of attendance less any other aid the student is receiving.

Parents also have to complete a master prom note and you have to complete the plus application online. At studentaid.gov, there's a tab that says for parents so you could start there again. You can be researching this now if you choose to.

And get that information. Do not do this until late April early May. I know a lot of families want to know in advance if they're going to qualify for the loan.

Typically, most of our families, as long as you do not have an adverse credit rating out there would qualify, but the system is not set up. The federal system is not ready for that just yet, so give us just a little while. Let the feds get that ready and rolling and then you could go out and start that process.

So we have our payment plan. We have our parent plus loan. There's another piece that we've also included that allows families to borrow in a different fashion. We've not used this before and this one is a private loan option.

And one of the reasons we have included this is simply because of the way that the private loans are structured.

Some of our parents can now borrow with part of our lenders. Not all of them have parent loves.

An I don't necessarily advocate for student private loans simply because of the interest rate that students see unless they have a creditworthy cosigner.

Those interest rates can be pretty brutal for our students.

It's just in the last two years and I've been in Swanee for my gosh 30 three years and 30 of that in financial aid. It is just in the last two years that we have included private loans in this process.

Here's the reason.

Some of our parents, based on their credit rating can get a better interest rate.

With the private educational loan, then they can with the feds.

In addition.

There is an origination fee on the plus loan which is actually.

A little bit more than what it is on that student loan.

So let's say it family had absolutely no way whatsoever, and they wanted to borrow the full cost of attendance.

So I think in Leonards case we were looking at $66,000 because of that crazy travel budget he has.

So his mom is going to borrow the full amount in a plus loan to pay for his freshman year. It's warning.

And with the origination fee.

She would actually still oh over $2800 because of the origination fee with held by the federal government.

So there is a big difference in.

No origination fee in a lower interest rate for our families.

Again, it's the only reason I included private loans in the past two years.

I think it's very important for our students to be mindful of what their borrowing has to be. A good financial fit for the family all the way around an IFA students looking at borrowing twenty $30,000 in their own name.

Maybe that's not the best financial fit.

So those are the process, the options that we have here to help you pay for your portion.

There are two different groups of people I could potentially actually, since we have an international is probably 3 different groups of people were talking to at the moment I have an international student, at least one, and then I probably have some families who have already received that notification. Again, it went to email, so if for some reason you did not receive that, let us know. We can very quickly resend it.

And I'm sure part of that list of 312 people I still need to review and they have someone like that in the audience tonight. So what are the next steps? If you're that student and you haven't received a notification?

Well, hopefully and there's a few people like this out there, you have actually finished the financial aid process. I have some that had not. It's a small small group. But some people have not so if you need to finish the egg process. Where do you start? What do you do? We need you to go ahead and if you haven't done so fill out that FAFSA again. It is it studentaid.gov.

And you start that right there. Make sure you give up. Give the feds are school code when you complete the form and our school code is 00.

3534

We also need you to complete the CSS S profile.

And that ends at.

Uhm, I don't know if we have that screen up. The one that has 'cause I'm gonna good. 'cause I wasn't remembering that website. Yeah some of them. I know by hard I can tell you exactly where to go to get an IRS tax transcript if you were selected for verification, but I was blanking on that actual URL so we need to make sure you completed the CSS S profile.

Once we receive the FAFSA here, it's morning in great process. It is our financial aid portal and this allows you to do any verification items that you need to do on line. We finally got away from the whole faxing and emailing paper to us so you can do all of this online, and that portal is smorning.verifymyfafsa.com. So once your fax is completed and it's.

Submitted to us. You can create. It's a standalone portal. You can create your account there.

The information you set up for an email and a password doesn't have to be anything else. It's not linked to your admitted student portal. Any of those things. This is a standalone secure portal specifically for financial aid.

What does have to match to create your portal account is the data you reported on the FAFSA, so you need to make sure that your Social Security number, date of birth, and the name you put in the system for your fav set is what you use to create that account, otherwise it's not going to work and then simply to ensure that you are the person accessing your information on the portal. We don't want someone accessing.

Your financial data, so make sure that you have all that correct. Otherwise you'll have a little bit of a challenge with that. The other thing I would caution an I'm guilty of this myself. My son was not happy with me back when he was 16.

He applied for a job here on campus and after the interview he said, well, that would have been nice mom. If I'd known how long I could work all summer.

I held just a little bit.

Please don't do that.

The student needs to complete the portal. There are some challenges if we start putting a parent email in when it should be the student account so the student is going to complete that step.

If for any reason whatsoever we need a parent signature on a verification form, then what happens is the student initiates a signature request.

And that peace will generate an email to you so that you can create your parent account, but that's only necessary if the student was selected for verification.

So remember, please have your student complete that portal account.

Once we have all that information, will move him into the queue and ensure that we have your data sent out as quickly as possible. So for those students that need to finish the process, those are the steps. So what if you're in the audience and you already have your notification? Yeah, you thank you again for completing all it was it was tough this year. I have never I believe that as many people complete on time.

And we had a 7% increase in people applying for financial aid.

In addition to an increase in the number of applications, so that's late nights a Luckily for me. I'm on that person who likes to stay up at night. I'm not a morning person, but so we've had a lot of students complete the process and that has resulted in us moving these quickly, but not as quickly as we would have anticipated.

So if you have received your notification.

Monitor that applicant status page as soon as all of the enrollment checklist items are ready and we are moving forward with that. If you have deposited those checklist items will start appearing. I understand that even for students have already deposited there already creating their emails and things like that for August.

After that, they'll start getting information in May, and that's where student will have an opportunity to go ahead and accept or decline their loan if it was offered again, please do that before you do the other steps, and it's definitely an acceptor decline. So tell us one way or the other so we know whether or not you want to pursue that loan.

It's also where students will accept or decline their work study.

So please let us know that as well that helps us as we are.

Working with our supervisors across campus to ensure that there's enough students for those positions or trying to fill. Maybe a Department that only needs one or two students and it's very crucial as opposed to a Department that's asked for 20 students. So it really helps us in ensuring that we have students that are available to assist the Department and that we have departments that have positions for our students. One of the pieces of this puzzle.

Is really changed in the past few years and that as I said earlier, students apply for these jobs. They will actually go out to a site and be able to see real life job descriptions for each position. They will submit a resume that will be reviewed by our career. They've changed the name. I'm saying career leadership development and it's shorter now, but I've been here along time so it's Gonna take me longer to transition to the new name. But it's careers, leadership, development.

Now known as careers, something else.

Set up if students will watch for that information will be setting up an account there.

The nice colleagues in that office will actually review that very first resume. It doesn't have to be perfect. It doesn't have to be outstanding, it's a resume. It's a starting point, and it let's students go through a job application process. An interesting way on campus here. But they're building a relationship with our colleagues in that office who will help them with a resume each and every year. An help them identify strengths an.

Open identify job skills and competences that they may not even realize their learning in a work study position. So we think that's been one of the major transitions for our office as opposed to us just asking students. Well, what are you interested in? OK, well we can play some here, here and here. We just don't play students anymore. We actually let them go through that process to apply for a position. So it also teaches them some really interesting things.

Notice is.

That students are now having to figure out how to navigate multiple job offers.

So what do you do with the very top choice? Isn't the first one that reaches out to you? And how do you learn to navigate that in a very safe environment where we're still going to get a job? It's not going to be a problem, but those are skills that we all need to have when we leave college, so we're excited about the way this has actually changed our work study program here on campus and encouraged more real life.

Student employment process. So be watching for that.

I would also tell you that there are some fun things that come up on the applicant checklist so students get to start looking at course selection. Residential life will send out their questionnaire so that they don't put me in a room with the morning person because I'm the night owl, so all of those things come up on the student applicant status page. Your checklist and again those things start after a student has deposited, so we're excited for the students have already chosen Swanee.

And we're excited for those who will be choosing Swanee between now and May 1.

Of repeated may wanna thank at least one other time that is the national candidate replied deadline. So every so often a school may encourage you to deposit early. We love that. That's fine. You can deposit tonight. Awesome, but we do respect the May 1 deadline. So you do have until that time to make a decision. We want you to find the best fit. It has to be a good fit for you. It's the same thing with employment.

When we're hiring people in the financial aid office, we want it to be a good fit both ways so that that relationship can stay for more than four years. We like for employees to stay a little bit longer than four years. I don't ask them all to stay 30, three years, but.

We want a student to come to Swanee. We want them to be successful here and we want this to be a full 4 year journey for them. We don't want them to find that.

Yeah, maybe I should have done something else. So do you do diligence through this? Make sure that you've explored what you need to explore. Ask questions if you have questions about the financial aid process I talked to.

Parent today, who was really, really excited about one piece.

Once students have enrolled at Swanee, all those hoops that you jump through for the CSS S profile, we don't ask for that for continuing students, so I'll share that bit of information with you now. Continuing students only complete the FAFSA and then moving forward, unless their selected for verification by the federal processing system, the fast is all we need. So some of you are still working through that verification process.

It is selected by the federal government, so typically what they're looking for anomalies or it's not that you did anything wrong, or that they think that you've misled them. It's just that based on historical data, some of the data elements might be inaccurate. An that could be inaccurate. Actually, in your favor. As I mentioned earlier, we run into those families who have inadvertently put.

Information wrong on the Fasa. One of the reasons we asked for the CSS S profile starting the first year is it allows us to compare that data. The Fasa asked some questions better. The CSS S profile as some other questions better they just word it in a way where families go. Oh, this is what I'm supposed to enter and that's where we find those problems I've watched where the Fasa says the household size is 3 and one.

And the CSS S profile says four and two.

FAFSA just ask you to put in numbers. There's nothing else about household size number in college except hitting that key for that number.

And the profile actually has she put in a name and the relay.

Ship to the student and that person's age.

An when all of a sudden I see it, you know.

Another 19 year old and it lists where they are attending college. You know, maybe it was a data entry error. I don't know what happened on the Fasa, but that family did not have 3 in one. They had four in the household and chewing college so that made a big difference in their eligibility and those are the things we look for that first year. It's what we asked for a little bit more information, but it does help us ensure that we've accurately evaluated your eligibility for funding.

One other thing I'd like to tell you, and then we'll just leave the rest of it open for questions so you understand how we put together your comprehensive notification. The first thing, of course, was if you received any type of academic funding.

Then we look to see if the student was eligible for federal aid in the form of the Pell Grant because of Pell Grant is free money students do not have to pay that back. We've been asked that question before then. We looked at our Tennessee residents to see if they were eligible for hope scholarship if they were eligible for the General Assembly Merit Award. If they were eligible for Tennessee State Grant. So we wanted to get all of the free money in there, we possibly could.

After we did all of that, if there was still eligibility, we added work study. After that we looked at the student loan and put in the maximum amount of student loan that the student can borrow as a freshman. That 5500 is an annual federal loan limit for first year students.

And then our last dollar in was are need based scholarship from Swanee. So any grant money there is need based and we've included that as our last dollar in.

We do not on the notification List, A Parent plus loan. We could do that. We could show you a parent plus loan for the remainder and then show your balance is zero and zero. But that assumes that you're going to borrow that loan and we will not make that assumption. We will let you make that decision, but we will not make that assumption. We're here to help you with the process, but that would definitely be a very personal decision on your part. And again, if the student is bringing in.

Any type of outside scholarships we can use those to eliminate the loan. We can use those to eliminate the work study.

If the students only receiving an academic award as long as those outside scholarships do not exceed our total cost of attendance.

Go get all of 'em you can find.

And if the student does have need based aid, you would have to bring in more than $7350 in outside scholarships before it would impact your needs based funding from Swanee. And we do that to ensure that we can help as many students as possible. This is a really exciting time for us to be able to move back to meeting full need for students. I'm very happy an honor to be here when we got back to that place.

Because that's how I started my career and financial aid here. And this is awesome. We're thrilled to be able to do it, but again, to do that for all of our students. If you bring in more than 7350 and have needs based funding, that is the only time we would be looking at are need based buns and make an adjustment there because our dollar is the last dollar in for those.

That's dumb.

30 years of experience in 45 minutes.

It's a lot of information. I know that, so if you have questions, have some great colleagues here from admissions who were monitoring the chat room and we can always answer very detailed questions via email or call the office tomorrow or contact information is available there.

Wonderful how everyone this is Taylor Bear off screen. I know we have one question that's come in and it's about similarly to work study. But I think more getting at the point.

Since you might not be eligible for federal work study, so seems an international student has asked as everyone even their national students, get the option to apply for student employment. So wins. And that's kind of multifaceted. So for our international students, some students, if they had demonstrated need in that process, which is totally different for international students, an I would tell you that I work as a.

Very well compensated data entry clerk for that process. All of that is decided through admissions through the information you sent to them. We don't receive that, but if you were not eligible for federal or you would not be eligible for federal work study. But if you are not eligible for institutional work as an international student, we do have some what we call budget jobs on campus. There are some departments that have needs over and above what we can fill through our student employment.

And those jobs would open up later in the process. an A student would be able to apply for those. So that is one way of student would have an opportunity. I would not.

Be telling you the truth, I told you know there's hundreds of them. There are not, but they're also not hundreds of students looking for them, so.

Our coffee house is one place that typically hires students through budget money, their departmental funds. So that's one way other students have an opportunity to work on campus that cover it. Taylor, I think so awesome as I put in the chat that if they were not eligible for federal works in position that there are other student jobs, I think that that this is more helpful.

So I don't see any other questions at the moment, so if you guys are being shy let us know. Again, a lot of these questions is Beth mentioned might really tailor to your particular letter or situation so.

It had been recorded, so if you want to reference this once you do receive your letter, you can come back or email, ask, give us a call.

So yeah, questions going in right now.

Last advice or part?

Definitely. If you haven't finished the process, please please, please do that. I always worry about our families who may have been a little bit overwhelmed in the process.

I'll just tell you a quick little story of when I assumed this role. I've literally worked at every desk in the financial aid office in the past 30 years.

And one of the first high school presentations I went to do I was driving to Chattanooga, TN. It's about an hour from here and on the way there I'm thinking I've been doing this for how long this is going to be easy.

And then I kept thinking, which may have been my downfall.

And I remembered that I was talking to students who were not simply applying to Swanee. It's one thing when you visit here and we do a face to face in your honest to goodness talking about How do I come to Swanee? How do I have for this? How can I pay for it? What do I need to do? But I was talking to a group of high school seniors in their parents who were applying to multiple schools with different deadlines other than the Fasa being.

Carmen

At that point, a lot of schools were using their own institutional application, so they might be doing 10 different applications for financial aid with different deadlines, with different scholarship opportunities.

All of this being.

Overwhelming and that was what hit me really hard was that I wasn't thinking about the fact that not everyone was just going to apply to Swanee. It didn't understand why, but.

That piece of it worries me for our families because I want students to find the best fit out there. And if you don't complete the process with us or with another school, you don't have the full picture when you're making your decision.

So please finish the process. Make sure that Swanee make sure that your other schools have all the information they need so that when you're sitting down with your family and making a decision by May one, I refer to it as the dining room table conversation, which I'm kind of feel like I'm sitting at the dining room table.

But you have all the offers from your schools. You know what type of aid there?

Providing and what makes the best sense for you as a family? Ask questions from us from your other schools. Make sure you know what type of aid you're receiving and what is required to keep it.

Is it an academic award an you don't have to apply for anything ever again, but it has a different GPA requirement than some other funds on your award.

Make sure you ask those questions an ask.

That was too, you know, is there something that I didn't ask that you think I'm?

You need to know so if you have an opportunity to meet with someone face to face, go ahead and ask those questions an for us. If you can't get here face to face, it is FINAID at swanee.edu. That email address is monitored by the entire team in our office, so no matter who might be out that day, someone is paying attention to that account. And whoever answers it if they're looking at it going.

Wow, this one is a little bit more detailed. I haven't encountered it yet. I promise you they will get it to someone in the office that knows or they will just give it to me and I will respond. So ask those questions. Make sure that you're making an informed decision that's in your best interest. Don't leave anything out there on the table that you don't.

You know you don't wanna leave free money on the table, finish the aid process.

So I think that is going to wrap up our session. Thank you. Best you are fantastic. Thank you to all our viewers who tuned in. If you didn't get your questions answered and you would like further clarification, again the contact information is right on the screen. Feel free to email or call us or more than happy to walk you through that process and so I hope you all have a wonderful night. Enjoy your Wednesday and we'll see you next time. Thank you.