Financing Your Future

Page 1

Financing

your future

FINANCIAL AID

GRANTS & SCHOLARSHIPS

PELL GRANT

DEBT-FREE

$2,600 LESS

77% of students receive financial aid

60% of students receive grants or scholarships

30% of students receive the federal Pell grant

69% of students are able to pay down their debt post-grad (47% national average)

The average annual cost of attendance at UHM is $2,600 less than the national average

2020 - 2021


The education you’ve been hoping for is within reach! The University of Hawai‘i at Mānoa offers six ways to finance your college education:

1. RESIDENCY manoa.hawaii.edu/admissions/financing/residency.html As a public institution, the University of Hawai‘i at Mānoa determines tuition rates based upon a student’s residency status. For the purposes of this document, type of residency is defined as follows: Resident: WUE: Non-Resident:

Resident of the state of Hawai‘i Resident of a WUE state or territory (see: #4 Western Undergraduate Exchange Tuition Reduction) Resident from a location outside of the state of Hawai‘i or a WUE state or territory

2. SCHOLARSHIPS A scholarship is a gift aid that is awarded based on a variety of factors such as academic achievement, athletic ability, leadership, field of study and/or financial need. Scholarships do not need to be repaid. The University of Hawai‘i at Mānoa offers a multitude of scholarships that are found in the seven areas below:

New Warrior Scholarships (see table below): hawaii.edu/fas/info/nws.php The New Warrior Scholarships are scholarships created for the New Warrior in mind and comprised of the Regents, Provost Achievement, Mānoa Excellence, Mānoa International Excellence, and Presidential scholarships.

Deadline: January 15 Applicant: Freshman / Junior Resident Status: Resident or Non-Resident (including WUE) NEW WARRIOR SCHOLARSHIPS

AWARD AMOUNT

RESIDENCY STATUS

CLASS STANDING

GRADE POINT AVERAGE

SAT or SCORE

ACT SCORE

Regents Scholarship

Full tuition (for 4 years) + $4,000 per year stipend + $2,000 one time travel grant

Resident

Freshman

3.5

1340

29

Provost Achievement Scholarship

$10,000/year (for 4 years)

Resident

Freshman

3.5

1310

28

U.S. Non-Resident (including WUE)

Freshman

3.5

1310

28

~$22,032/year (for 4 years) (U.S. Non-Resident) * Ma-noa Excellence Scholarship ~$5,652/year (for 4 years) (WUE) * Ma-noa International Excellence Scholarship

~$22,032/year (for 4 years)

International Non-Resident

Freshman

3.5

“High” SAT

“High” ACT

Presidential Scholarship

Full tuition (for 2 years) + $4,000 per year stipend + $2,000 one time travel grant

Resident

Junior

3.7

N/A

N/A

*This scholarship allows students to pay the In-State tuition rate [ Scholarship rubric is based on the ACT/SAT Concordance ]

Automatic Admissions Scholarships: hawaii.edu/fas/info/automatic_admissions_scholarships.php Mānoa Academic Merit Scholarship The Mānoa Academic Merit Scholarship is an automatic $2,000 scholarship (per year) for four years of undergraduate study. This scholarship is for first-time, degree-seeking students who enroll the semester after high school graduation. This scholarship is applied to a recipient’s tuition costs. Scholarship eligibility is determined when an Admissions Application is submitted. Students who receive a New Warrior Scholarship are ineligible for the Mānoa Academic Merit Scholarship. Deadline: January 5 Grade Point Avg: 3.5 Applicant: Freshman SAT/ACT Score: 1280 / 27 Resident Status: Resident or Non-Resident (including WUE)


International Merit Award Scholarship The International Merit Award Scholarship is an automatic scholarship awarded to students for each year of undergraduate study. This scholarship allows students to pay a tuition rate of 150% of the University’s resident tuition rate. Scholarship eligibility is determined when an Admissions Application is submitted. Students who receive a New Warrior Scholarship are ineligible for the International Merit Award Scholarship. Deadline: Applicant: Resident Status: Grade Point Avg:

No Deadline Freshman or Transfer International Non-Resident 3.3 (Freshman or Transfer)

-

Non-Resident Tuition Rate $33,336

International Merit Award Scholarship $16,380

=

Your Tuition Cost

$16,956

Other Scholarships: State of Hawai‘i B Plus Scholarship hawaii.edu/fas/basics/types_of_aid/fedstate.php The State of Hawai‘i B Plus Scholarship is available to undergraduate students who graduated from a State of Hawai‘i public high school after 2005 and earned a cumulative grade point average of 3.0 or higher based on high school transcripts. Students must have completed a rigorous high school curriculum and demonstrate financial need based on information provided on your FAFSA. The maximum annual UHM award is $2,000 and requires full-time enrollment to receive this scholarship. Depending upon available funding, scholarships may be renewed annually for students who maintain satisfactory academic progress up to four years. Deadline: March 1 Applicant: Freshman or Transfer Resident Status: Resident and public high school graduate

Star Scholarship star.hawaii.edu/scholarship The UH Mānoa STAR Scholarships are open to students who are admitted as regular students attending the University of Hawai‘i at Mānoa campus. The UH Mānoa STAR Scholarships application is a single application for over 400 scholarships. Deadline: February 15 Applicant: Freshman or Transfer Resident Status: Resident or Non-Resident (including WUE) UH System Scholarships hawaii.edu/finaid/scholarships/system The UH System Scholarships are open to students who are attending any of the ten campuses of the University of Hawai‘i System. Students must apply via the UH System Common Scholarship Application, a single application for dozens of scholarships. Deadline: Applicant:

March 1 Freshman or Transfer

Resident Status: Resident or Non-Resident (including WUE)

3. GRANTS Grants are a form of gift aid that is awarded based on demonstrated financial need. Grants do not need to be repaid. By submitting the FAFSA, you may be considered for grant assistance.

GRANTS

AWARD AMOUNT

FRESHMAN APPLICANT

TRANSFER APPLICANT

RESIDENT STATUS

Ma-noa Opportunity Grant

Up to $4,000

Resident & Non-Resident

Federal Pell Grant

Up to $6,195 (2018-19 school year)

Resident, WUE, Non-Resident

Federal Supplemental Educational Opportunity Grant (SEOG)

Up to $2,000

Resident, WUE, Non-Resident


4. WESTERN UNDERGRADUATE EXCHANGE (WUE) TUITION REDUCTION manoa.hawaii.edu/admissions/undergrad/financing/wue.html The Western Undergraduate Exchange program is for qualified first time undergraduate degree seeking students who have legal residency in AK, AZ, CA, CO, ID, MT, ND, NM, NV, OR, SD, UT, WA, WY, CNMI or Guam. The WUE tuition rate is 150% of the University’s in-state tuition rate.

Non-Resident Tuition Rate $33,336

-

WUE Tuition Reduction Savings $16,380

=

Your Tuition Cost

$16,956

5. STUDENT EMPLOYMENT The University’s Mānoa Career Center offers nearly 4,000 on-campus positions for students to choose from. Student employment is an option to pay your way through college while gaining professional work experience. A flexible schedule, the convenience of working on campus, and opportunities to add to your resume are several excellent reasons to work for the University. For more information on student employment, financing options, or professional experience opportunities (i.e., internships, Federal Work Study, etc.), visit: manoa.hawaii.edu/careercenter

Total Investment

6. LOANS Loans are a form of financial aid that is borrowed to help pay for educational expenses. Loans must be repaid, usually with interest. 1) Federal Direct Loan Direct loans are low-interest loans for students to help pay for the cost of a student’s education after high school. The lender is the U.S. Department of Education rather than a bank or financial institution. Eligibility is determined by filling out your FAFSA. • Subsidized & Unsubsidized 2) Federal Direct PLUS Federal Direct PLUS Loans are federal loans that graduate or parents of dependent undergraduate students can use to help pay for the cost of a student’s education after high school. The lender is the U.S. Department of Education rather than a bank or financial institution. Eligibility is determined by filling out your FAFSA. 3) State Higher Education Loan The State Higher Education Loan (SHEL) is awarded to Hawai‘i resident undergraduate and graduate students with financial need. We may offer you a SHEL loan as part of your financial aid package. The funds available for the SHEL loan is limited, so not all aid applicants can be offered SHEL loans. Must be enrolled at least half-time in an eligible degree-seeking program.

RESIDENT

WUE

NON-RESIDENT

$11,304 $882 $1,012 $13,673 $2,954

$16,956 $882 $1,012 $13,673 $2,954

$33,336 $882 $1,012 $13,673 $2,954

Total = $29,825

$35,477

$51,875

TUITION UNIVERSITY FEES BOOKS AND SUPPLIES ROOM & BOARD PERSONAL EXPENSES AND OTHER

The cost of attendance is designed to provide students with projected costs to attend for an academic year. The totals listed above are subject to change upon approval by the Board of Regents. Non-resident students with documented Native Hawaiian ancestry receive the Hawai‘i resident equivalent rate.

Financial Aid Office (808) 956-7251 finaid@hawaii.edu

Office of Admissions (808) 956-8975 manoa.scholarships@hawaii.edu

College funding opportunities and corresponding information listed in this brochure is subject to change. Visit hawaii.edu/fas/basics/types_of_aid/ for current and up-to-date information. Cover Stats Source: Mānoa Institutional Research Office - The University of Hawai‘i at Mānoa, manoa.hawaii.edu/miro The University of Hawai‘i at Mānoa is an equal opportunity, affirmative action institution.

8/19 25M


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.