SOUTHEASTERN LOUISIANA UNIVERSITY
“You Matter HERE!”
FINANCIAL AID
FINANCIAL AID OVERVIEW
FAFSA
GRANTS
LOANS
SCHOLARSHIPS
EMPLOYMENT OPPORTUNITIES
S.A.P
GENERAL INFORMATION
WHAT IT STANDS FOR!
EFC:
Expected Family Contribution
COA:
Cost of Attendance
LOSFA: Louisiana Office of Student Financial
Assistance
SOUTHEASTERN’S SCHOOL CODE: 002024
HELP LINE: 1-(800)-433-3243
APPLY ONLINE: www.fafsa.gov
What is the FAFSA?
Free Application for Federal Student Aid
www.fafsa.gov
Why should I complete the FAFSA?
Determines if you can receive Federal Assistance –
PELL GRANTS, SEOG, Federal Work Study and
LOANS (Sub/Unsub)
Required for TOPS recipients
Don’t leave money on the table
FAFSA & FSA ID
SOUTHEASTERN’S SCHOOL CODE: 002024
HELP LINE: 1-(800)-433-3243
APPLY ONLINE: www.fafsa.gov
GRANTS
MONEY YOU DON’T REPAY!
Federal Pell Grant
Federal Supplemental Education Opportunity
Grant (SEOG)
Louisiana Go Grant Program
(State funded)
LOANS
FEDERAL DIRECT LOANS
Subsidized – Government pays interest while in
school (4.45%)
Unsubsidized – Government does not pay
interest while in school (4.45%)
Basic Loan Limits (dependent students)
$5,500 1st year undergraduates – Of which,$3,500 can be
subsidized
$6,500 2nd year undergraduates – Of which,$4,500 can be
subsidized
$7,500 for remaining undergraduate – Of which, $5,500
can be subsidized
LOANS
LOAN TIPS
All first time borrowers must complete an
Entrance Interview and a Master Promissory Note.
Information on these may be found online at
www.studentloans.gov.
Students have a six month grace period.
LOANS
FEDERAL DIRECT LOANS
Only borrow what you need
LOANS
PLUS LOAN
Parent loan program for parents of dependent
undergraduate students, apply online at
www.studentloans.gov
Fixed interest rate of 7%
Repayment begins 60 days after the loan is fully
disbursed
If parent applies for PLUS Loan and is
subsequently denied, student may then receive
additional Unsubsidized loan funds
In order to receive either PLUS or PLUS denial
funds, student must submit a request with Office
of Financial Aid
LEONET
Student Center
To Do List: 1/3 of
students are
selected for
verification and
will have items
Account Inquiry
View Financial
Aid
Accept/Decline
Awards
Make a Payment
TOPS
TOPS recipients have until the end of summer semester to earn the required 24 credit
hours. Failure to do so suspends all future eligibility unless an extenuating circumstance
applies. Must be continuously enrolled and full-time through the census date each
semester. Check with the Scholarship office before dropping a class.
TOPS Opportunity
No stipend included - Total: $2,826.11 Fall 2017
20-22 ACT/Retention 2.30 for the first year and 2.50 GPA every year after that
TOPS Performance
$200 stipend Fall 2017 - Total: $3,026.11 for semester
23-26 ACT/Retention 3.00 GPA
TOPS Honors
$400 stipend Fall 2017 - Total: $3,226.11 for semester
27+ ACT/Retention 3.00 GPA
Where do I get scholarships?
1. Southeastern offers Honor Scholarships as
well as other Department Scholarships.
Contact Scholarship Office (985)549-5116
2. Private companies found at www.losfa.gov ,
www.fastweb.com and www.lela.org
3. Don’t just apply for one. It takes many
applications to receive one award.
We care, you SUCCEED
BEGINNING FRESHMAN
HONORS SCHOLARSHIP
• The Beginning Freshman Scholarship is to be awarded to a student entering Southeastern as a beginning
freshman.
• Any beginning freshman student admitted with a 23 ACT composite and a minimum 3.0 cumulative high
school grade point average (on a 4.0 scale) qualifies for a scholarship at Southeastern.
• Housing supplement only available to students living on campus.
• All scholarships are awarded for eight semesters.
• The application for admissions serves as the application for scholarships.
• Eligibility is based on full-time status. For additional information about scholarships or TOPS, students can
visit our website at www.southeastern.edu/scholarships or call the Office of Scholarship Services at
(985)549-5116.
Retention Requirements:
• The student must earn a MINIMUM 3.0 SEMESTER & CUMULATIVE GPA
• The student must be continuously enrolled full-time each semester (minimum 12 hours).
• The student must attempt and pass no less than 24 hours per academic year. The academic year is
defined as the combination of the Fall and Spring semesters.
BEGINNING FRESHMAN
HONORS SCHOLARSHIP
SCHOLARSHIPS
DUAL ENROLLMENT 15+ Completion Scholarship
Criteria: Student must have at least 15 hours of
Dual Enrollment credits with a “C” or better from
Southeastern and graduated in May 2017
Scholarship Amount: $1,000 split into 2
semesters
Semester Awarded: 1 year (two semesters) only
$500 for Fall 2017 and $500 for Spring 2018
We care, you SUCCEED
WORK STUDY
Student will be considered either Federal
(based on financial need) or State (not based
on need)
Student may work up to 25 hours per week
BENEFITS
Networking within departments
Departments work around student’s schedule
*To view current openings, visit the Student Employment
Network at www.southeastern.edu/sen.
SATISFACTORY ACADEMIC PROGRESS
(SAP): HOW DO I KEEP MY AID?
G.P.A.
• Must maintain at least a 1.75 cumulative G.P.A.
(freshmen) or at least a 2.0 cumulative G.P.A.
(sophomore, junior, senior)
Percentage of Completion
• Must complete at least 67% of courses enrolled
Maximum Time Frame
• Must not exceed 180 credit hours for first
undergraduate degree
CONTACT INFORMATION
SCHOLARSHIP OFFICE: (985)549-5116, Room 120
FINANCIAL AID COUNSELORS
Assistant Director - Tara Laborde
A – D Mary Gaye Savant- [email protected]
E–L
Jessica McMillian - [email protected]
M – R Jacob Rester –
[email protected]
S – Z & Veterans Sophie Sciortino [email protected]
Assistant Director, Scholarships – Terry Garner
Financial Aid Director -
Charles D Cambre
Location: North Campus, Financial Aid Building
Financial Aid: (985) 549-2244 or (800) 222-SELU(7358)