UW-Superior Financial Aid Office News and Events

2013 Summer Financial Aid Application

Thu, 09 May 2013 13:27:13 +0000

You will need to submit a summer financial aid application by the end of the day on May 17, 2013 in order to meet the deadline to apply. You can find the applicaton on the Financial Aid Website at http://www.uwsuper.edu/finaid/forms/upload/2012-Summer-Application.pdf or pick one up in the Financial Aid Office.

Again, the deadline to apply is May 17, 2013. Summer applications will NOT be processed after this date.

Please stop by the Financial Aid Office in Old Main 110 if you have any questions.

Foundation Scholarship for Financial Aid Applicants

Thu, 09 May 2013 13:01:04 +0000

You can find the scholarship application at http://www.uwsuper.edu/finaid/forms/upload/2013-14-FA-Scholarship-Application-Form.pdf or you can pick one up in the Financial Aid Office, Old Main 110.

You must have a 2013-2014 FAFSA on file in order to apply.

Don't miss your opportunity to apply for these scholarships. The application deadline is May 17, 2013.

Please stop by the Financial Aid Office if you have any questions.

Credit: What You Need to Know - A CashCourse Workshop for Students

Thu, 21 Feb 2013 21:39:04 +0000

Show Me the Money Quiz Bowl Winner

Mon, 19 Nov 2012 19:30:08 +0000

"Show Me the Money" Quiz Bowl

Thu, 01 Nov 2012 18:35:11 +0000

Tools for Making Financial Decisions

Thu, 27 Sep 2012 16:48:47 +0000

Understanding finances and money management are vital skills for anyone - especially college students faced with a multitude of financial choices. Financial Aid and First Year Experience have partnered with the National Endowment for Financial Education (NEFE), to make CashCourse available to UW-Superior students, alumni, faculty and staff.

The CashCourse website provides FREE information that will help you make informed financial decisions throughout your college years and/or into your professional life. Despite the name, this is NOT an actual course, but rather a wealth of information about managing finances that you can access at anytime by visiting cashcourse.org/uwsuper. CashCourse features unbiased content with no advertising and no connections to commercial entities. No registration or login is required.

Included in the website:

Creating a budget
Checking and savings accounts "How To"
Dealing with debit and credit cards
Choosing and repaying loans
Preventing identity theft
And much more!

We encourage you to visit this website often as you encounter having to make different financial decisions ranging from managing checking/savings accounts and credit cards, to budgeting, as well as planning for loan payments.

Learn more aboutThe National Endowment for Financial Education (NEFE ®)

UWS FAFSA Priority Deadline Changed

Mon, 24 Sep 2012 21:09:12 +0000

Please be aware that UW-Superior's priority deadline for completing the FAFSA has changed. UW-Superior's priority deadline for the 2013-2014 school year is now March 15th, 2013.

Students whose applications are processed and completed by this date will receive the best financial aid package available to them. In order to have your application processed and completed by this date, we recommend that you file your FAFSA for the upcoming academic year by February 15, 2013.

Change to subsidized loan rate

Wed, 11 Jul 2012 13:49:37 +0000

On July 6, 2012, President Obama signed Public Law 112-141 that included a one-year extension of the 3.4 percent interest rate that has applied to Direct Subsidized Loans made to undergraduate students since July 1, 2011. With this action, the interest rate on any Direct Subsidized Loan first disbursed on or after July 1, 2012 and before July 1, 2013 will be 3.4 percent.

The 3.4 percent interest rate applies only to Direct Subsidized Loans made to undergraduate students. The interest rate on Direct Unsubsidized Loans made to both undergraduate and to graduate or professional students remains at 6.8 percent. Graduate and professional students are not eligible for Direct Subsidized Loans for loan periods beginning on or after July 1, 2012.

Final Fall/Spring Semester Loan Disbursements

Thu, 03 May 2012 18:59:15 +0000

If there are any changes that need to be made to your financial aid loans for the spring semester, we will need to know of them by May 14, 2012. We will not be able to disburse any loans that are accepted after the deadline of May 14, 2012 either.

Please let us know if you have any questions about this.

Recent changes to federal student aid

Sat, 28 Apr 2012 16:58:32 +0000

As a result of recent legislative changes, you should be aware of a number of new requirements for the federal student aid programs. Most of these changes are effective with the 2012-13 school year (July 1, 2012 through June 30, 2013):

Federal Pell Grant Program - Duration of Eligibility

Once you have received a Pell Grant for 12 semesters, or the equivalent, you will no longer be eligible for additional Pell Grants.

· You are eligible to receive a Pell Grant for up to 12 semesters or the equivalent. If you have exceeded the 12-semester maximum, you will lose eligibility for additional Pell Grants beginning in 2012-13 school year. Equivalency is calculated by adding together the percentage of your Pell eligibility that you received each year to determine whether the total amount exceeds 600%.

· For example, if your maximum Pell Grant award amount for the 2010-2011 school year was $5,550, but you only receive $2,775 because you were only enrolled for one semester, you would have used 50% of your maximum award for that year. If in the following school year, you were enrolled only three-quarter time, you would have used 75% of your maximum award for that year. Together, you would have received 125% out of the total 600% lifetime limit.

Direct Student Loan Changes

Direct Subsidized loans will not be eligible for an interest subsidy during the six-month grace period.

· Subsidized loans are loans for which the borrower is not responsible for the interest while the student is enrolled in college on at least a half-time basis, when the loan is in the six-month grace period after the student is no longer enrolled at least half time, or if the loan is in a deferment status. This provision eliminates the interest subsidy provided during the six-month grace period for subsidized loans for which the first disbursement is made on or after July 1, 2012, and before July 1, 2014. If you receive a subsidized loan during this timeframe, you will be responsible for the interest that accrues while your loan is in the grace period. You do not have to make payments during the grace period (unless you choose to) but the interest will be added (capitalized) to the principal amount of your loan when the grace period ends. This provision does not eliminate the interest subsidy while the borrower is in school or during eligible periods of deferment.

All subsidized loans made to undergraduate students will have a fixed interest rate of 6.8%.

· Subsidized loans for which the first disbursement is on or after July 1, 2012, will have a 6.8% fixed interest rate. Note: In the President's FY2013 budget request, the Administration has proposed maintaining the interest rate on subsidized loans at the current rate of 3.4% for the 2012-2013 school year.

Graduate and professional students are no longer eligible to receive subsidized loans.

· Effective for loans made for payment periods that begin on or after July 1, 2012, graduate and professional students are no longer eligible to receive subsidized loans. However, if you are a graduate or professional student, you may still qualify for up to $20,500 in unsubsidized loans each year.

The U.S. Department of Education can no longer offer borrowers repayment incentives.

· Effective for loans first disbursed on or after July 1, 2012, the Department of Education is prohibited from offering any repayment incentives to Direct Loan borrowers, except interest rate reductions to borrowers who agree to have payments automatically electronically debited from their bank account).

More info is available on the FSA website at http://studentaid.ed.gov/PORTALSWebApp/students/english/recentChangesSA.jsp.

Financial Aid Scholarships

Mon, 09 Apr 2012 15:18:51 +0000

The application for the financial aid scholarships is available in the financial aid office, Old Main 110, or on our website under Financial Aid Scholarship Form 2012-2013. You must have a 2012-2013 FAFSA on file with UW-Superior in order to be eligible for the scholarships.

Please bring your completed financial aid scholarship application to the financial aid office. The deadline is approaching quickly. The deadline to apply for these scholarships is May 18, 2012.

2012 Summer Financial Aid Application

Tue, 06 Mar 2012 18:47:04 +0000

The application is available in the financial aid office, Old Main 110, or on our website at http://www.uwsuper.edu/finaid/forms/.

For us to determine your financial aid eligibility for 2012 Summer College, you must be degree seeking, enrolled at least half-time (undergraduate at least 6 credits for aid types other than the Pell grant or 4.5 graduate credits), and have filed the 2011-2012 Free Application for Federal Student Aid (FAFSA) that lists UW-Superior's school code information.

Please return your completed application to the financial aid office in Old Main 110. You must submit your Summer 2012 Financial Aid Application by our deadline of May 18, 2012. Applications received after this date will NOT be processed.

If you have any questions or concerns, please contact us at 715-394-8200 or email us at finaid@uwsuper.edu.

College Goal Wisconsin

Thu, 09 Feb 2012 18:45:57 +0000

The Free Application for Federal Student Aid (FAFSA) is a form every student needs to complete if they plan to attend college in the fall of 2012 if they would like financial aid. With our help, you can complete the FAFSA in about an hour and eliminate any possible confusion. At College Goal Wisconsin, we walk you through the process step-by-step.

College Goal Wisconsin will be held in the Library Computer Lab at Superior High School from 2:00 p.m. to 4:00 p.m. on Sunday, February 19, 2012. This is a free event. Please arrive at 2:00p.m.

Some items that you should bring with you are:

Correct social security number
Driver's license (if any)
2011 W-2's
2011 federal tax forms
2011 untaxed income records (Temporary Assistance to Needy Families, welfare or veterans benefits records)
Most recent bank statements
2011 busines and investment mortgage information, business and farm records, and stock, bond, and other investment records
Alien registration card (if you are not a U.S. citizen)

**Dependent students will need their parents' 2011 tax information

One attendee will leave with a scholarship to be used at the instituion of their choice.

Please be aware that you can still attend even if your 2011 income information is incomplete or you forget something. You many complete your FAFSA after the event once you do have the materials. You don't want to miss out on the valuable instruction provided at College Goal Wisconsin.

NEW Student Employment Contract Forms

Thu, 25 Aug 2011 15:57:22 +0000

Student employment contract forms have changed, and we are no longer accepting the old forms. Please complete new contract forms and submit them to the Financial Aid Office for processing. Our new forms are available on our website: www.uwsuper.edu/finaid under the "Supervisor Resources" link. Please note that lump sums now have their own contract, along with payment vouchers, and may no longer be submitted on a student assist contract.

Please discard any old forms that you may have. Thank you for your cooperation.

Information about Student Employment Contracts

Mon, 01 Aug 2011 21:53:43 +0000

Under no circumstances may a student may begin working until their contract has been entered. As a supervisor, you will be notifed when the contract has been entered and your student may begin working.

To help speed the process, please submit as many completed contracts as possible to the Financial Aid Office by August 15th. We understand you may not be able to do this if your student is not on campus to sign their contract and/or complete other paperwork. But if you can, please submit them as early as possible. We appreciate your assistance during this very busy time!