Campus Based ProgramsApril GonzalesUTSA

TUNE-INAgenda for this sessionFederal Supplemental Educational Opportunity Grant (FSEOG)Federal College Work-Study (FWS)Federal PerkinsPrepare you for the 2011 BRAIN BOWL!

Tune-UpCampus-Based ProgramsFunds managed by the institutionMatching requirements (75/25): waived for Hispanic serving institutions25% transfer option from FWS or Perkins to FSEOG3-5% Administrative allowance to offset costsThe e-Campus-Based System Required FISAP reportingReport previous years expendituresRequest funds for the next yearDue no later than October 1st each year

RequirementsEnrollmentCampus based aid does not require the student to be at half-time Does not apply to teacher certification or professional credential program NEEDAll three programs require student to reflect need

Federal Supplemental Educational Opportunity Grant

FSEOG EligibilityUndergraduate students onlyFirst time bachelors degree

Reasonable portions to non-traditional students

Exceptional needAward in EFC order (start with $0)PELL recipients given priority

FSEOG

FSEOG Awards$100 annual minimum

$4000 annual maximum

$4400 annual maximum for approved study abroad programs

Federal Update: Cuts to SEOG by $20 million, with an additional 0.2 percent cut on top of that

Federal Work-StudyEligibilityFinancial needEligibility for other federal programsUndergraduate or GraduateNo minimumMaximum award is $4,500Cannot exceed financial needConsider hours of employment and wage earnedPeriods of non-attendanceSummerMust enroll for next regular sessionEarnings must be counted in next terms aid package

Federal Work-StudyEligible EmployersOn Campus 75% federal share: institutional match is waived for Hispanic servingGovernment/Non-profit agency politics and lobbying prohibited 75% federal sharePrivate, for-profit agencyMax of 25% of FWS allocation per yearMust be related to major50% federal share

Federal Work-StudyEligible Employers contCommunity Service7% of FWS allocationHealth care, child care, education, literacy training, or social services75% federal shareNo Child Left BehindReading tutors of pre-school aged children100% federal share

Federal Work-StudyNon School EmployersContract must be drafted, approved and signed before student begins workContract should clarify:EmployerWho will pay studentWho will pay benefits (unemployment, workers comp, etc.)

Federal Work-StudyConditionsMust be paid at least minimum wageCurrent- $7.50Cannot displace regular employeesMust be paid all hours workedCannot be paid for receiving classroom instructionMust be paid at least once a monthWages paid to student or can be paid toward student account

Federal Work-StudyIn the event of a major disaster, an eligible school located in any area affected by such major disasterContinue to make FWS payments to disaster-affected students, for the period of time (not to exceed one academic year)

Federal Work-StudyFWS Overawards$300 overaward tolerance for all campus-based programs

Tolerance is allowed only if overaward occurred after campus-based aid has been packaged.Report FWS earnings on the FAFSAQuestions 43c. / 91c.

PerkinsPerkins EligibilityUndergraduate or Graduate students

Exceptional financial need (as defined by school)

Entrance and Exit interviews required

PerkinsPerkins Loan LimitsUndergraduate$4000 annual limit$20,000 lifetime aggregateGraduate students$6000 annual limit$40,000 lifetime aggregate$8000 limit for first 2 years of academic work

PerkinsInterest Rate0% in schoolFixed, simple 5% out of school9-month grace period10 year repaymentDeferments, forbearance, and cancellations available

PerkinsPerkins Deferments (no interest)In schoolAttending graduate fellowship programGraduate or post-graduate study outside US (Fulbright scholar)Rehabilitation training programs for disabled personsSeeking but unable to find employment (up to 3 years)Economic hardship (up to 3 years)

PerkinsPerkins Forbearance (interest accrues)Temporary postponement of payments, extension of time for making payments, OR acceptance of smaller payment amountsEconomic hardship or lengthy illnessRequest in writing with supporting documentationNot to exceed 3 years

PerkinsPerkins CancellationTeachingLow income school or high need subject matter (math, science, foreign language, special education)Head Start programs/early intervention child careUp to 100%Health care services up to 100%Law enforcement up to 100%Armed Forces/Peace Corps service50% for armed service in hostile area70% for Peace Corps service

Know your ResourcesIFAP- Student Aid Handbook Vol. 3 Chapter 7 Awarding Campus-Based AidDear Colleague LettersGEN-11-02The eCampus-Based Systemhttps://cbfisap.ed.gov/ecb/CBSWebApp/

Are You Ready to Compete?ITS TIME FOR THE BRAIN BOWL

Get ready to Rock It Out!