Sailing away the winter blues with ISFAA … 2015 Winter Conference Debunking the Financial Aid...

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Sailing away the winter blues with ISFAA …2015 Winter Conference

Debunking the Financial Aid Award Letter (and increasing yield while we’re at it)

The problem

INEXPERIENCE• First gen• 53% Pell

recipients

RED TAPE• Fed level• State level• Institutional level

The solution?Department of Education’s Shopping Sheet

Page 1

Section I: Missing Items

Section II: Cost of Attendance

Section III: Gift AidTuition

+ Housing

+ Books

– Aid =

NET PRICE!

Page 2

Section IV: Self-Help

Net price – Self Help = The Bottom Line

Section V: Alternate Funding Options

Section VI: Payment Options

Outcomes

• As of July 1, 2014, 87% of freshmen applicants completed all disbursement requests

• Enrollment is on pace to set a 10-year record• We have money to hire 14 student peer

advisors

Questions

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