Financial Aid?

Colleges and Universities A-Z University of Virginia
1

<p>I will be an incoming first year upcoming fall, and have no idea about my aid package. I have an EFC of 197 and have not received any institutional/state aid at all. I originally believed it was due to not having turned in my parents' tax return transcript as we just got in in mid May, but I was later told that that was not the problem and it was because my FAFSA and CSS was turned in "late". I faxed over computer images of my filing dates as they were before the deadline and when I called later again to confirm, I was told that my filing dates were not actually late. My preliminary award is </p>

<p>Federal Pell Grant 2014
Grant
5,645.00
Federal Perkins Loan 1
Loan
2,869.00
0.00
Direct Subsidized Loan 1
Loan
3,500.00
0.00
Direct Unsubsidized Loan 1
Loan
2,000.00
0.00
Academic Year Totals</p>

<p>14,014.00
5,645.00</p>

<p>I'm wondering if this is what I should be receiving with an EFC of 197. I've read about the AccessUVA program meeting 100% of need based aid, and I do fall under the income level where a "full grant" is given. I really have no idea about how financial aid works, and financial services has not been very helpful in clarifying what I should and should not be expecting. Could anyone clarify for me if this award package is representative of what I should be getting? I do not mean to be pushy and demanding for money from an university that I would absolutely pay for in full if I had the money. I would just really like some clarification from anyone who has experience with this. </p>

<p>Thanks in advance!</p>

2

<p>The federal loan amounts are the standard maximums for a 1st year student. They go up a little in later years. The Perkins is distributed by UVa and at 5% with no interest accumulated while you are in school, it is a good deal.</p>

<p>I didn’t see a line item for AccessUVa Aid in your list. </p>

<p>I assume you are in-state?</p>

3

<p>Thanks for your reply! Yes, I’m in-state. The problem is whether or not I should be getting any AccessUVA or other institutional/state aid though. If UVA were to meet 100% of my need which I read that they do, wouldn’t the aid package be approximate to the ~25k COA - 197 EFC?</p>

4

<p>From the AccessUVA site:

</p>

<p>The information for the 2012-13 year (the 13-14 year is down) stated that you needed to have the following in by the deadline:

</p>

<p>The Fin Aid site also stated:

</p>

<p>If you only turned in the FAFSA/Profile and not the copies of the tax returns and signature pages by the deadline, UVA may stick to the rules and not award you any institutional aid this year. (Of course, they may not have asked for this information this year; I don’t know).</p>

<p>If you did indeed turn everything in by the deadline, including the faxed copies of the returns (not the transcripts, but just copies of the filed returns sent to the IRS), I would go back to the university. Good luck.</p>

<p><a href=“http://www.virginia.edu/financialaid/enter12-13.php[/url]”>http://www.virginia.edu/financialaid/enter12-13.php&lt;/a&gt;&lt;/p&gt;

5

<p>There is a small, but important distinction. UVa states they will meet 100% ‘demonstrated need’. This is not the same thing as your EFC. It involves a calculation the university makes with the information sent on both the FAFSA and Profile. Simply put, ‘demonstrated need’ as determined by the university does not always match what the family feels they can realistically afford.</p>

6

<p>UVAcav, did you check your To-do list in the SIS? My daughter noticed that the financial aid office does not necessarily list everything they want all at one time.</p>