Doug Severs, Director of Financial Aid & Scholarships joined us for an information sharing session on Financial Aid and Scholarships. Here are some highlights…
• There are a lot of changes on the pipeline for aid: Perkins Loans may not be re-authorized (up for re-authorization in 2014); Opportunity Grants now have a “blind” deadline in that they advertise a deadline, and then if they have too many applicants, they change what day they “accepted” the applications until in order to change the number of names in the pool; Waited until they knew exactly how much was available before sending award letters.
• Summer Financial Aid: Students can access the necessary form via Online Services; Students will not receive more aid- FA will just split the aid up over 4 terms instead of 3. (NOTE: Pell grants can only span over 3 full-time terms, so students can go half-time for two terms to span the grant over 4 terms if they would prefer.)
• Satisfactory Academic Progress (SAP):
– 67% completion rate
– Related to GPA- can calculate at the end of the term OR at the end of the academic year
– Student notified after two terms of un-SAP (first term is considered a warning); once they get notified of an SAP, they will need to appeal to get FA back.
– 2 “Withdraw from the University for the Term” = un-SAP
– Maximum time frame can cause un-SAP as well: Student has attempted 150% (or 270 credits) and still has no degree.
– Military credits pose a special challenge and this can be dealt with on a case by case basis. Have the student talk to FA.
– There are also generally exceptions made for those in an OSU dual degree program

Questions from Advisors:

Q:Does FA notify students when their choice of home school could be detrimental to the amount of funding that they receive?
A:No, but it’s possible that there can be a note added to Online Services.
Q:How does FA differ for post-bacc students? (And graduate students)
A:PB students cannot receive grants, but they have the same access to loans as any other undergraduate. (Grads can access loans but not grants via FA.) If OSU FA official meets with a student and sees that they have technically reached enough credits to graduate, but have not done so, they will be placed into PB status and their aid may be changed accordingly.

Q:What can you tell us about a waiver for the GRE via Financial Aid? What about the MCAT?
A:There are students who are eligible for waivers for the GRE. Contact Patti Brady-Glassman or have students come into the FA office. This is an underutilized service!! No such thing exists (that Doug is aware of) for the MCAT.

Q:What is the difference between a grant and a loan? Subsidized and un-subsidized loan?
A:Loans need to be repaid, whereas a grant does not. Subsidized loans are interest free while the student is still in school. Unsubsidized loans begin accruing interest right away. Loan rates are climbing to 6.8%. Yikes.

Q:What kinds of scholarships are available through FA?
A:FA only awards scholarships to incoming Freshman and transfer students. Upperclassman should look to their departments and/or colleges for scholarship opportunities. NOTE: Unlike some other schools, OSU will not lessen the amount of aid a student receives if they also end up receiving some sort of external funding. (But they may if they end up receiving more internal funding.)
Q:What is a good scholarship website to refer students to?
A:http://oregonstudentaid.gov/
Q:Can non-degree seeking students receive financial aid?
A:No. If you have students who need “just a couple of classes” for pre-requisites, or whatever, encourage them to still register as “degree-seeking” if they are trying to access financial aid.

And a special thank you to Terina McLachlain for delectable pumpkin chocolate chip cupcakes and banana cake. So yummy!!

Clare Cady from the Human Services Resource Center shared information on services available for students. Check out their new website for more information!

Human Services Resource Center

Here is How the HSRC Helps Students

• Intermediary services between students and agencies that provide rental assistance, utility assistance, food stamps, childcare, food boxes, and health insurance.
• Workshops, seminars, and opportunities for internships and employment.
• Connection to community service opportunities.
• Assistance in maintaining  health insurance through the university.
• Applications for food stamps.

Thanks to the hardworking folks who put together the 2013 DPP Summit. For those of you who couldn’t make it the link to the presentations is below.

2013 Degree Partnership Summit

Our next Coffee Talk will feature Marian Moore from Career Services. We will meet in the new Student Success Center Building Room 138 from 11am – noon. Tasty treats will be provided by Brianna Beene to complement the delicious coffee donated by Peet’s.

Thanks for supporting the OSU Advisors Coffee Talk!

Add the link below to your list of resources for students who are at risk of suicide.

http://oregonstate.edu/counsel/osu-suicide-risk-reduction-program

The Summer Session Advisors’ Luncheon is scheduled for March 21^st.  We plan to have presenters speaking and answering questions about a range of issues pertaining to Summer Session.  If you or your colleagues have suggestions for specific topics of concern, please don’t hesitate to contact me.  We want this to be a valuable experience and networking opportunity, as well as a thank you, to our many campus partners who help make Summer Session successful every year.

Please contact::
Claire Cross
Director of Summer Session
Extended Campus
4943 The Valley Library
Corvallis, OR 97331-4504
Claire.Cross@oregonstate.edu

Please join us on January 17th from 2:00-3:00 pm  for some conversation around disability access and other topics of interest to advisors. Tracy Bentley-Townlin, Associate Dean of Student Life, will be available to give some updates from DAS and answer any question you might have.

Check out the topics for the rest of Winter Term under the menu link for the 2012-2013 Coffee Talk Schedule above.