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Texas Application for State Financial Aid Texas A&M University

Texas Application for State Financial Aid Texas A&M University. Topics for Discussion. TASFA at Texas A&M About Texas A&M Staff Timeline Documentation Needs Analysis Professional Judgment Awarding Campus Collaborations Education & Training Awareness & Marketing Materials.

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Texas Application for State Financial Aid Texas A&M University

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  1. Texas Application for State Financial AidTexas A&M University

  2. Topics for Discussion • TASFA at Texas A&M • About Texas A&M • Staff • Timeline • Documentation • Needs Analysis • Professional Judgment • Awarding • Campus Collaborations • Education & Training • Awareness & Marketing Materials

  3. About Texas A&M University • Fall 2011 College Station campus enrollment: 50,054 • 80% undergraduate • 20% graduate/professional • 8,271 freshman (25% first generation) • 53.6% male 46.4% female • 15% Hispanic 3.4% African American Nearly 80% receive scholarships and/or financial aid

  4. About Texas A&M University Texas A&M disburses $513 million in financial aid annually • 23% in Scholarships • 13% in Grants • 36% in Loans • 19% in Student Employment • 9% in Tuition Waivers

  5. About Texas A&M University Undergraduate Cost of Attendance Based on 15 SCH

  6. About Texas A&M University Office of Scholarships & Financial Aid • 62 full-time staff • 30+ student assistants/graduate assistants • Scholarships Teams (3) • Focus on awarding, donors, and student development • Financial Aid Teams (4) • Focus on processing, service, advising, student employment, financial literacy, short-term loans, compliance, athletic aid, and veteran services

  7. About Texas A&M University Who processes the TASFA forms? • Team Service • 5 full-time advisors,1 associate, 16 peer advisors- led by an Assistant Director • Intake and review forms and documentation submitted in-person • Team Processing • 7 full-time advisors, 2 associates/assistants, 5 student assistants, led by and Assistant Director • Receive information submitted in-person, via mail/fax Review, assign tracking group, creates requirements, notates received requirements, image to enter into workflow

  8. About Texas A&M University Who processes the TASFA forms? • Team Advising • 7 full-time advisors led by an Assistant Director • Evaluate application, request additional documentation, data enter information, calculate EFC, prepare for awarding, process professional judgment/counselor review form requests * Awarding is automated

  9. About Texas A&M University TASFA Students Processed for 2011-12 • 440 Dependent student applications received • 31 Independent students applications received • 355 Awarded (new and continuing)

  10. Basic Timeline • January • Application posted to financialaid.tamu.edu/forms • Students begin to submit TASFA and supporting documentation • Advisors review applications for completeness and contact students as needed • February • Begin entry into Banner, once new aid year is setup • March • TAMU priority deadline: March 1 • Begin awarding mid-March

  11. Procedure • Needs Analysis is completed within Banner using federal methodology • TASFA Worksheet • Documentation required: • TASFA Form • Selective Service (if applicable) • Student and Parent Tax Returns • Student and Parent W2s • Documentation of untaxed income

  12. Procedure • Missing documentation notification • Portal (tracking) • Advisor contacts (telephone and email) • 3 contact attempts made within first two weeks of receipt • Missing information letters • Admissions staff monitoring/reports

  13. Awarding Auto Package for 2011-12 Institutional grants are awarded to match TEXAS Grant as required.

  14. Collaboration • Office of Admissions • Regional Prospective Student Center Staff • International Student Services • Office of the Registrar (Residency)

  15. Education and Training • Annual review of policies and job aids • SFA New Advisor Training Program • SFA Staff Training • Annual updates for all staff (including remote staff) • Team training once new aid year is set up

  16. Awareness & Marketing • Email campaigns to new students • Top 10% admits • Non Top-10% admits • Email campaigns to continuing students • Top 10% Scholarship recipients • Non Top-10% Scholarship recipients • Prospective Student Center Staff • Scholarships & Financial Aid website • Scholarships & Financial Aid portal- directs students to correct application based on student residency type in Banner

  17. Texas Application for State Financial AidTexas A&M University

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