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Hokie Financial Focus Current Issue

 

General Information

What is Flash.Mail?  Flash.Mail is a monthly newsletter published by the Virginia Tech Office of University Scholarships and Financial Aid.  It covers a wide variety of financial aid topics that are pertinent to that particular month.  Flash.Mail subscription is free and can be done by following the information below under Subscription.

January 2017 Hokie Financial Focus

January 2017 Hokie Financial Focus

In This Issue:

  • I completed my my FAFSA - Now what happens? 
  • Scholarship Gateway
  • Education Abroad
  • Satisfactory Academic Progress (SAP)

Bursar's Corner:

  • Are you ready to pay Spring Semester by 30th?
  • Tax Season Information
  • Add/Drop, Spring 2017
  • Expecting a Refund?
  • 2016/2017 Tuition and Fees Rates & 2017 Winter Rates
  • FERPA Authorization

Financial Aid Questions and Answers

  1.  Where is your office and do I need an appointment to speak with someone?

Answer:  We are located at 800 Washington Street in the Student Services Building suite 200.  We always have staff on hand to help you between 8am and 5pm, Monday through Friday.

  1.  I did my FAFSA when do I receive my Award Letter?

Answer:  We will begin mailing the prospective freshman and transfer students award packages the end of February.  Returning students will begin receiving award notifications in May, after spring grades have posted.

  1.  What do I do if my family’s income has changed since the 2015 taxes were filed?

Answer:  There is an appeal process in which we will evaluate the difference of income from your 2015 tax return and your current income from 2016.  Please go to our website for more details.  http://www.finaid.vt.edu/appeals/appeal-finaid-reconsideration.html

  1. I received a notice that I need to turn in tax documents but I did not work, what do I turn in? 

Answer:  If you did not work you will need to complete the 4506-T form and send to the IRS.  The IRS will mail you a Verification of Nonfiling, which is proof that you did not file a return for the year.  If you did work, but did not file a return, we will also need this verification letter from the IRS along with copies of your W2’s or 1099 forms.  Below is the website for the IRS so you can obtain the 4506-T form. https://www.irs.gov/individuals/get-transcript   Please have the IRS mail YOU a copy and then YOU return to our office.

  1. I am thinking of attending Summer School will I have financial aid?

Answer:  If you have any remaining Direct Loans you can use this pay for summer school.  If these loans are already depleted, you can apply for a Parent Plus loan or an alternative loan.  For more information please review our website at http://www.finaid.vt.edu/

 

Freshmen and Transfer Student Flash.Mail

Freshmen and Transfer Flashmail (PDF | 1MB)

In This Issue:

  • Congratulations
  • Accepting Your Awards
  • Have you completed and turned in any documents that USFA may need to finalize your financial aid package?
  • Completing the Entrance Counseling and Master Promissory Note for Your Loans
  • Federal Work Study
  • Scholarships and Grants
  • Parent PLUS Loan
  • Family Educational Rights and Privacy Act (FERPA)
  • Virginia Tech Summer Academy

Student Loan Repayment Hokie Financial Focus

Student Loan Repayment Flashmail (PDF | 1MB)

In This Issue:

  • Exit Counseling
  • National Student Loan Data System (NSLDS)
  • Federal Stafford Loan Repayment
  • Federal Perkins Loan and Brookings Loan Repayment
  • Loan Consolidation

Publication

Over 30,000 subscribers read our monthly Hokie Financial Focus.  While, some of the topics are specific to Virginia Tech, a great deal of the information is applicable to the scholarship and financial aid processes and programs across the country.  

This newsletter is especially useful for:

  • Current and prospective Virginia Tech students
  • Parents and guardians
  • Guidance Counselors
  • Anyone interested in financial assistance opportunities at Virginia Tech