Financing the Road to Higher Education

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Admissions

• Overview
• Factors in choosing a college
• The STETSON process
• University Profile

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Factors in Choosing a College

• SIZE

Stetson University is a small private liberal
arts college with 2,300 undergraduate students
from all around the world.
SIZE
SIZE
SIZE
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Factors in Choosing a College

• Major

Stetson University offers over 60 majors and
minors in the schools of Music and Business
Administration as well as the College of Arts and
Sciences with a dedicated faculty of professors
who work one on one with students to achieve
their goals.
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Factors in Choosing a College

• Location

Stetson University is located in Volusia County
in the central part of Florida. It sits 30
minutes west from the Daytona beaches and 45
minutes north east of the Orlando metropolitan
area.
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Factors in Choosing a College

• Cost

2009-2010 Estimated
Costs Tuition 30,450 Fees 1,850 Room 5,01
4 Meals 3,920 Total Cost 41,234
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Factors in Choosing a College

• Extracurricular Activities
• Stetson offers over one hundred clubs
• and organizations.

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The Stetson University Process

• Application
• Online application
• Hard Copy Application
• CommonApp.org
• Exclusive Application
• Application Fee (40)
• Official High School Transcript
• Official ACT/SAT Scores
• High School Counselor Recommendation
• Essay or Graded Writing Sample
• Original Graded Paper from 2nd Semester Junior or
  Senior Year
• Or
• 2-3 page personal statement

Stetson offers admission on a Rolling Admissions
basis. This means that students are evaluated on
a standard and find out decisions in as early as
two weeks from file completion.
Timetable November 1 Early Decision
Deadline November 15 Early Decision
Notification December 1 Exclusive App
Deadline January 1 Send in FAFSA form March
15 Admissions Priority Deadline
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2008-2009 Profile

• Average H.S. GPA
• 3.76
• Average SAT Scores
• Combined 1131
• Average ACT Score
• 23
• Average Class Size
• 20

• Student to Professor Ratio
• 111
• Gender
• 58 Female
• 42 Male
• 97 of Professors have a PhD
• 93 of Students receive Financial Aid

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Financial Aid

• Goal of Financial Aid
• To assist students in paying for their education
  and is achieved by
• Evaluating familys ability to pay for
  educational costs
• Distributing limited resources in an equitable
  manner

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Overview

• Application Process
• Definitions
• Cost of Attendance
• Family Contribution
• Eligibility/need
• Types of Financial Assistance
• Sources of Financial Assistance
• Deadlines, Notices, Decisions

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Free Application for Federal Student Aid (FAFSA)

• Drives the financial aid process
• Single application required to apply for federal
  student aid programs
• Usually sufficient for institutional and state
  aid
• Processed free of charge to the student
• Student files after January 1
• file via the internet at www.fafsa.ed.gov

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Tips on Completing the FAFSA

• Try to complete the FAFSA by March 15th
• Estimate tax information rather than delay the
  filing of the form
• Make sure the school of your choice is listed as
  recipient of the information
• Avoid common mistakes - make sure Social Security
  Number is correct

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Watch your Email

• Federal processor will notify you within 2-4
  weeks that your FAFSA has been processed
• Your processed FAFSA is your Student Aid Report
  (SAR).
• Once your FAFSA has been processed, you can view
  it on www.fafsa.ed.gov
• If you need to make corrections, you can make
  them here.

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Cost of Attendance

• Annual charges for tuition and fees
• Living expenses (room and food)
• Books and supplies
• Transportation costs
• Other personal expenses relative to period of
  attendance

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Expected Family Contribution

• Family contribution derived from
• Income, assets, family size, number in college
• Parents Contribution
• Students Contribution
• Total Family Contribution

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Types of Financial Aid

• Money- Not to be repaid
• Scholarships (Merit, Athletic, Music, etc.)
• Grants
• Loans (not free money)
• Stafford
• Perkins
• PLUS (Parent)
• Work-Study

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Sources of Aid

• State Programs
• FRAG, FSAG, Bright Futures, etc..
• Stetson Programs
• Grants, Scholarships
• Outside scholarships
• Church, organizations, employer
• www.fastweb.com

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Early Estimator

• Estimated Financial Aid Package using your 2007
  tax return
• Located online http//www.stetson.edu/financialai
  d/media/earlyestimator.pdf

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Florida Bright Futures Scholarships

• FL Academic Scholars (100)
• 4,138 for 2008-2009
• FL Medallion Scholars/FL Vocational Gold Seal
  (75)
• 2,824 for 2008-2009
• Contact your guidance counselor for eligibility
  requirements
• Bright Futures 1-888-827-2004
• www.MyFloridaEducation.com/brfuture

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Florida Prepaid College Plan

• Can be used at a private college
• Rates based on Florida public institutions
• 4 year public tuition 2726.70/year at private
• 4 year public fees 822.30/year at private
• 2 2 year community/public college tuition
  2099.70/year at private
• Dormitory program 4367.66/year at private
• Florida Prepaid 1-800-552-4723
• http//www.florida529plans.com

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Questions and Answers

• Federal Student Aid Information
• 800 4-FED-AID or 1-800-433-3243
• 2008-2009 Student Guide
• www.ed.gov
• Stetson University
• 386-822-7120 or http//www.stetson.edu/financialai
  d/