Hoosier Link Essential Information for Students and Parents

Transcription

1 Hoosier Link Essential Information for Students and Parents

2 About Ivy Tech Community College The state s largest public postsecondary institution and the nation s largest singly accredited statewide community college system. Courses and programs transfer to other colleges and universities in Indiana including Indiana University. Accredited by the Higher Learning Commission and is a member of the North Central Association.

3 Academic Advising All new students will meet with an academic advisor before registering for classes. Your advisor will help you determine which courses to take to transfer back to Indiana University. We will provide you with information to prepare for your advising appointment.

4 Ivy Tech Orientation Overview Advising, Registration, and Campus Connect Campus Resources, Support, and Services Financial Aid How to Pay your Bill Student Life Follett Bookstore Parking Tags Student ID s

5 All Financial Aid is Processed through Ivy Tech This is a special program that links Ivy Tech students to Indiana University. All Grants, Loans, Work Study and other financial aid are awarded through Ivy Tech Community College. IU does not process your grants or loans. Hoosier Link participants are Ivy Tech students for Financial Aid

6 Sample Costs of Attending Ivy Tech for a Full Year Expenses Academic Year IU - Room & Board* $ 9,795 IU Additional Fees* $ 500 Ivy Tech - Tuition & Fees (32 Cr Hrs)* $ 4,261 Other Expenses** $ 4,996 Total $ 19,522 *Based on a double room with a standard meal plan. Estimated amount based on the academic year. **Estimates for Books, Supplies, Personal Expenses & Transportation. Hoosier Link participants are Ivy Tech students for Financial Aid

7 Sample Student Full Need Financial Aid Scenario Financial Aid Academic Year Pell Grant $ 5,815 Higher Education Grant $ 3,100 Supplemental Grant $ 800 Stafford Loan $ 5,500 Total $ 15,215 Hoosier Link participants are Ivy Tech students for Financial Aid

8 Sample Student Full Need Financial Aid Scenario Expenses: $ 19,552 Financial Aid: $ 15,215 Difference: $ 4,337 Suggestions for Paying this Difference: Out-of-Pocket or other Private Loan (e.g. Home Equity) May appeal for more PLUS or Private Education loan Hoosier Link participants are Ivy Tech students for Financial Aid

9 Sample Student Least Need Financial Aid Scenario Financial Aid Academic Year Pell Grant $ 0 Higher Education Grant $ 0 Supplemental Grant $ 0 Stafford Loan $ 5, Total $ 5, Hoosier Link participants are Ivy Tech students for Financial Aid

10 Sample Student Least Need Financial Aid Scenario Expenses: $ 19,744 Financial Aid: $ 5,500 Difference: $ 14,022 Suggestions for Paying this Difference: Out-of-Pocket, a Parent PLUS Loan, a Private Educational Loan or some other Private Loan (e.g. Home Equity) Hoosier Link participants are Ivy Tech students for Financial Aid

11 Transferring to IU Mid-Year Tuition is more at Indiana University $10,388 for the year compared to $4261 for the year at Ivy Tech If attending one term at Ivy Tech and one at IU the overall cost would be approximately $22,470 for the year. Compared to $19,522 for one year as an Ivy Tech student. Be prepared for the additional expenses. Financial aid does not automatically transfer when you do. Twenty-first Century Scholars- Award covers tuition and fees and does not cover any other college expense (housing, books, personal, transportation) Instructions for applying for aid mid-year will be provided at orientation.

12 Your College Bills: Ivy Tech & IU (1) TUITION AND FEES..IVY TECH COMMUNITY COLLEGE (2) ROOM AND BOARD.INDIANA UNIVERSITY BOOKS..FOLLET BOOKSTORE OR OTHER PERSONAL EXPENSES: --- you control amount TRANSPORTATION: --- you control amount 1) IVY TECH WILL ELECTRONICALLY INVOICE YOU FOR YOUR TUITION AND FEES 2) INDIANA UNIVERSITY WILL ELECTRONICALLY INVOICE YOU FOR HOUSING, MEAL PLAN, AND FEES THESE ARE TWO SEPARATE BILLS AND MUST BE TAKEN CARE OF SEPARATELY.

13 Paying Your Bills at IU You must pay Indiana University for your Housing, Meal Plan & Fees Key Points You Need to Know You will NOT receive your FA refund before your bills are due at IU. Financial Aid at Ivy Tech will NOT directly pay your bill at IU. Your Financial Aid at Ivy Tech will NOT defer your bill at IU. For Loans Parent or student loans must be applied for through Ivy Tech. The IU Financial Aid Office cannot process loans for housing bills. Hoosier Link participants are Ivy Tech Students for Financial Aid

14 Your Financial Aid Communications Campus Connect This is your portal to ALL Ivy Tech communication. (Parents do not have access to Campus Connect.) Financial Aid Notices, Announcements, and Alerts These are sent to your Campus Connect (Ivy Tech) account. Personal Messages to You about Your Financial Aid These are sent to your Campus Connect (Ivy Tech) account. Payment Notices and Messages These are sent and viewable in your Campus Connect account. FERPA Federal Education Rights and Privacy Act For your parents or others to have access to your student information with Ivy Tech, you need to complete a FERPA Release Form with Ivy Tech. Hoosier Link participants are Ivy Tech Students for Financial Aid

15 Financial Aid Information General Financial Aid Information Review information at General Questions Answered (Financial Aid TV videos) Visit FAFSA: State Aid: Set up estudent account Student and Parent Loans: Student s Aid History: Hoosier Link participants are Ivy Tech Students for Financial Aid

16 Ivy Tech Financial Aid Office Walk-in Appointments: Monday-Thursday 8 am 6 pm Friday 8 am 5 pm bloomington-finaid@ivytech.edu Phone: Fax: AS OF TODAY. No aid has been packaged for the school year. Hoosier Link participants are Ivy Tech Students for Financial Aid

17 Q & A Hoosier Link participants are Ivy Tech Students for Financial Aid