2008-2009Financial Aid Information on Banner Office of Admissions and Financial Aid Staff Training Customer Service Specialists October 17, 2008
UALR Financial Aid Deadlines – Fall Semester • February1 – Academic Scholarship Application Deadline • March 1 – UALR Private Scholarship Deadline • March 1 – Financial Aid PriorityDeadline (complete FAFSA by this date for best chance of receiving SEOG and Work Study funds) • July 1 – Financial Aid PreferredDeadline for the Fall (all financial aid and admission requirements must be complete by this date, or the student may not learn about aid eligibility until after October 1) • November 1 - Financial Aid FinalDeadline for the Fall Semester (students cannot receive financial aid for the fall term after this date).
UALR Financial Aid Deadlines – Spring Semester • November 1 – Financial Aid PriorityDeadline (complete FAFSA by this date for best chance of receiving SEOG and Work Study funds) • December 1 – Financial Aid PreferredDeadline for the Spring term (all financial aid and admission requirements must be complete by this date, or the student may not learn about aid eligibility until after February 1) • April 1 - Financial Aid FinalDeadline for the Spring Semester (students cannot receive financial aid for the spring term after this date).
Definition of Need Definition of Financial Need Cost of Attendance -Expected Family Contribution =Financial Need
ROARMAN EFC Cost of Attendance (BUDGET) NEED
ROASTAT Verification Information
ROASTAT Most recent SAP status
SAP Status Ineligible for financial aid • ACSUSP -Academic Suspension • CANCEL -Unsatisfactory Progress • CANCHR – Cancel Due to Cumulative Hours • CANCTM – Unsatisfactory Progress for Term (no hours completed) Eligible for financial aid • REGULR – Good Standing • PROBTN – Probation • CONDPR – Probation with Conditions • CONDAP – Appeal Approved with Conditions • COMAPP – Committee Decision Eligible for Non-Federal Awards Only • NONFED – Eligible for alternative loans and some scholarships
ROASTAT Satisfactory Academic Progress (SAP) status is determined at the end of the term and is effective beginning the next term. For example, SAP for Spring 200810 was determined on 05/15/08 and was effective beginning the Summer Term 200830 PLEASE REFER SAP QUESTIONS TO AN AID ADVISOR
ROAIMMP “IMMEDIATE PROCESS” SCREEN - USED TO PERFORM ON-LINE ROCEDURES
ROAENRL Based on student’s enrollment as of the financial aid “censusdate” – usually the last day of “schedule adjust.” This value remains constant for the term. Actual “registered” hours This fields will be displayed as soon as student has registered for the term, and values will change if the student adds or drops classes.
ROAPELL Schedule Award – Maximum Eligibility Expected Disbursement – Amount Expected to Receive
RNANA09 FAFSA Data
RPAARSC “Third Party” Payments posted directly to student’s UALR account
RPAAWRD OFRD – offered ACPT – accepted APRD – approved (automatic accept OR adjusted by AFA) DECL – declined by student CNCL – cancelled by AFA
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