University of Idaho Paying for College Brochure

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CHECKLIST University of Idaho Financial Aid Checklist

Your To-Do List:

View a step-by-step guide on using the IRS Data Retrieval Tool at uidaho.edu/irshelp, or follow the instructions below.

When completing the FAFSA, you will be given the option to use the IRS Data Retrieval Tool. You must use this tool to import income and tax information from 2018.

2. In the financial section of the FAFSA, you’ll be prompted to use the IRS Data Retrieval Tool after answering three eligibility questions. Provide the required FSA ID and password (if requested), then click “Link to IRS.”

Set up your VandalWeb and VandalMail accounts at uidaho.edu/getsetup with information included in your admission letter. Check your accounts often.

3. Provide the tax filer’s name, address and other information exactly as it appears on the tax return. Check the “Transfer my tax information into the FAFSA” box. Click “Transfer Now.”

If there are special circumstances affecting your family income in the past year, contact Student Financial Aid Services to determine if we may be able to recalculate your federal financial aid eligibility. Examples include loss of employment, large out-of-pocket medical expenses, etc.

Make plans to attend UIdaho Bound. Visit uidaho.edu/uidahobound-dates for more information. Create a school-year budget and plan how you will pay for college expenses. Use the financial planning worksheet at uidaho.edu/financialplanning Sign your master promissory notes and complete entrance counseling for loans you accept. Explore payment options and finalize your budget before school starts in August.

NONPROFIT ORG U.S. POSTAGE

PA ID

UNIVERSITY OF IDAHO

*586917586INQ*

Using the IRS Data Retrieval Tool

Submit your application for admission, including supporting documentation, and file your FAFSA by the December 1 priority date to receive automatic consideration for all merit-based scholarships and financial aid.

Respond to any request for additional information from Student Financial Aid Services.

STUDENT FINANCIAL AID SERVICES 875 Perimeter Drive MS 4291 Moscow, ID 83844-4291

1. Log in to your 2020-2021 FAFSA account using your Federal Student Aid (FSA) ID and password.

4. W hen you return to the FAFSA, you will not see income or tax information. Instead, you will see “Transferred from the IRS.” For your protection, IRS tax return information is not displayed on the FAFSA. 5. Remember to review remaining items in the FAFSA and navigate to the last page where it should be signed and submitted. U of I Student Financial Aid Services will receive the information within 1-2 weeks, depending on processing time.

What’s next? Check your VandalMail weekly and follow up when we request information or notify you of actions you need to take (accepting scholarships, signing promissory notes, providing additional information to complete the FAFSA, etc.) VandalMail is our primary form of communication with all students before and during the school year. Log in to your account at uidaho.edu/vandalmail-login.

Where can I get help? Staff members are trained to help families with budgeting, loan repayment options and special circumstances that may arise in financing your education. Every student at U of I has an assigned Financial Aid Counselor. Yours is looking forward to working with you.

Office of Financial Aid Monday through Friday: 9:30 a.m. to 5 p.m. PST Summer hours: 9:30 a.m. to 4:30 p.m. 709 S. Deakin Street Bruce M. Pitman Center, 101 Moscow, ID 83844-4291 Email: finaid@uidaho.edu Phone: 208-885-6312 1-888-8-U-IDAHO

2020-21

PAYING FOR COLLEGE Invest in your Future


HOW DO I PAY FOR COLLEGE? There are several ways to pay for a college education: Self-help includes college savings accounts, summer employment and parental/family support. Financial aid includes funding from the federal government, state governments, and colleges and universities. Grants and scholarships: money that does not need to be repaid Work-study: money that is earned through employment at the college or university Loans: money that must be repaid

How do I apply for financial aid? To receive consideration for financial aid and scholarships, simply submit your complete application for admission (including fee, transcripts and test scores) at uidaho.edu/submit-app as well as your FAFSA at http://bit.ly/fafsa-uidaho. There are two primary types of financial aid you might qualify to receive: Merit-based aid: Eligibility for all meritbased scholarship programs is determined by your academic record, which may include GPA and/or test scores. Most scholarships are based on merit. Need-based aid: Eligibility for need-based financial aid — including grants, scholarships, work-study and loans — is determined by submitting a 2020-2021 Free Application for Federal Student Aid (FAFSA).

How am I considered for need-based financial aid? Once you are admitted and your FAFSA has been received, the financial aid office will find the best financial aid programs available to you.

2019-20 Annual

Cost of Attendance* Idaho Residents Full-time Student Fees/Tuition $8,304

Housing and Meals $9,080 Books and Supplies (estimated) $1,130 Direct Costs

$18,514 Out-of-State

How and when will I know if I qualify for financial aid awards? You will see the financial aid awards you qualify for on your award letter. For new students, award letters are sent out beginning mid-January and continue as students become admitted. New students receive a digital award letter via VandalMail and a physical award letter at their address on record. To ensure your awards are processed and your notifications sent out on time: 1. Complete your admission application and your FAFSA. 2. Review VandalWeb for any missing documents we need and submit them as soon as possible. 3. Review your notification and log onto Vandal Web to accept your financial aid. For help with accepting aid or missing documents, please see: uidaho.edu/accept-aid

Full-time Student Fees/Tuition $27,540 Housing and Meals $9,080 Books and Supplies (estimated) $1,130

2020-21 What does the University of Idaho offer in merit-based scholarships? Resident Go Idaho! Idaho First-Year Students

The Go Idaho! program* recognizes first-year Idaho students with up to four years of guaranteed scholarship funding levels based on their accredited high school unweighted GPA. Qualified students receive a combination of university scholarships that meet the guaranteed funding levels listed below. These award levels may be renewed for three additional years by maintaining a minimum U of I GPA.

Levels of Funding

Western Undergraduate Exchange (WUE) Full-time Student Fees/Tuition $12,456

Housing and Meals $9,080 Books and Supplies (estimated) $1,130 Direct Costs

$22,666 are provided as a baseline for planning purposes.

$4,000 Gold

3.75 - 3.899

$3,000

GPA

Silver

3.0 - 3.399 GPA

The Transfer Idaho! program recognizes Idaho transfer students with two to four years of guaranteed scholarship funding levels, based on their transfer GPA and number of transfer credits. Qualified students receive a combination of university scholarships that meet the guaranteed funding levels listed below. These award levels may be renewed for one to three additional years by maintaining a minimum U of I GPA and the number of transfer credits.

OUTPACE

graduates from all other Idaho public institutions in earlycareer earnings and are among the highest mid-career earners from all Idaho institutions.

— PAYSCALE’S 2016-2017 COLLEGE SALARY REPORT

$3,000

GPA

$2,000

GPA

GPA

Bronze

$1,000

The Discover Idaho! award* recognizes non-resident firstyear students (who have not qualified for WUE) with up to four years of guaranteed scholarship funding levels based on their accredited high school unweighted GPA. Qualified students will receive the guaranteed funding levels listed below. These award levels may be renewed for three additional years by maintaining a minimum U of I GPA.

The Discover Idaho! Transfer award recognizes non-resident transfer students (who have not qualified for WUE) with up to two to four years of guaranteed scholarship funding levels, based on their transfer GPA and number of transfer credits. Qualified students will receive the guaranteed funding levels listed below. These award levels may be renewed for one to three additional years by maintaining a minimum U of I GPA and the number of transfer credits.

Levels of Funding

Levels of Funding Platinum

3.9 - 4.0

$8,000

GPA

Gold

$6,000

Gold

3.8 - 4.0

$4,000

GPA

3.60 - 3.79 GPA

Silver

$2,500

Silver

3.4 - 3.749

$5,000

GPA

Bronze

$2,000

Follow Passions, not Dollars Here, you can pursue your passions and change your major, without impacting your scholarship level. Your merit-based scholarships are not dependent on your choice of major, which allows you to explore and grow.

Yes. There are a number of resources for families. Here are a few:

Discover Idaho! Non-Resident Transfer Students

GPA

Four Years When we guarantee your funding, we make a 4-year promise (for first-time freshman). That means you can plan out your journey to success and graduation.

Are there more options to help finance my education?

$1,000

Bronze

3.75 - 3.899

Guaranteed Level of Funding You’ll receive the same dollar amount of scholarships each year from a combination of sources on campus including general, non-departmental dollars and department scholarships. That means — you can budget confidently and see the big picture.

Details for Go Idaho!, Discover Idaho!, and Transfer Idaho! are online at: uidaho.edu/uofi-scholarships

Silver

3.60 - 3.79

Discover Idaho! Non-Resident First-Year Students

GPA

University of Idaho graduates

Gold

3.8 - 4.0

3.0 - 3.59

$2,000

GPA

3.0 - 3.399 costs may change annually. The above * Attendance numbers are for the 2019-20 academic year and

Platinum

GPA

3.4 - 3.749

Resident Transfer Idaho! Idaho Transfer Students

Levels of Funding

3.9 - 4.0

Direct Costs

$37,750

University of Idaho’s Go Idaho! and Transfer Idaho! Scholarship Program Benefits

* Home-schooled students and students from non-accredited high schools will be considered based on ACT and SAT scores. Additional needbased grant funds may be available based on the results of your FAFSA.

Undergraduate WUE Western Exchange Western Undergraduate Exchange (WUE) students pay 150 percent of Idaho in-state tuition and fees and are not charged out-of-state tuition. WUE value for the 2019-20 academic year is $15,084. That’s more than $60,000 in value over the course of four years! There is not a separate application for WUE; just apply for admission to be considered. The WUE tuition and fee rate are awarded automatically to first-time U of I students who are from qualifying states.

150%

of Idaho in-state tuition and fees for four years if you maintain continuous enrollment with a 2.5 cumulative U of I GPA.

The WUE award for qualifying students will replace Discover Idaho! awards.

Qualifying States included in the WUE: Alaska, Arizona, California, Colorado, Guam, Hawaii, Montana, Nevada, New Mexico, North Dakota, Oregon, South Dakota, Utah, Washington, Wyoming, the Commonwealth of the Northern Mariana Islands

Outside Scholarships It pays to apply for community and national scholarships to help fund the great education offered by U of I. Speak with your guidance counselor, family employers, credit unions, churches and other community organizations to see if they offer scholarships. Learn more at: uidaho.edu/other-scholarships. Student Employment On- and off-campus job opportunities are available. See what kinds of jobs are posted at: uidaho.edu/student-jobs. Payment Plans Monthly payment plans require an enrollment fee at the time you start. The bonus: there are no interest charges. Information is available at: uidaho.edu/payment-plans.


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