Aloha Students and Families, What an exciting time this is for you! We know that this is also a very busy and challenging time, with critical deadlines to file applications for scholarships and financial aid, including the Free Application for Federal Student Aid (FAFSA). Bank of Hawaii Foundation is pleased to partner with the Pacific Financial Aid Association to sponsor the series of Financial Aid nights. We wish you all the best, as you pursue opportunities for higher education. Sincerely, Donna Tanoue President Bank of Hawaii Foundation PO Box 3170 Honolulu, HI 96802-3170 Tel 1-888-643-3888 boh.com THE NEXT COOL AND EXCITING CHAPTER OF YOUR LIFE. CONGRATULATIONS TO THE 2017 BANK OF HAWAII FOUNDATION SCHOLARS Adam Berg Richard Chen Konrad Cheng Michael Dressler Kehaulani Esteban Kelsey Floyd Pacific University University of University of Southern George Fox University University of Hawai‘i Leeward Community Exercise Science Pennsylvania California Biology at Hilo College Kapolei High School Biology Computer Science Kauai High School Hawaiian Studies Chemistry Roosevelt High School Maryknoll School Lanai High School Aiea High School Natalie Hajinelian Adriana Jones Abraham Kalavi Aubree Kim Christopher Skylah Kunihisa University of Hawai‘i Pacific University Grand Canyon Santa Clara Kobayashi Centralia College at Mānoa Sociology University University Pacific University Sociology Political Science Farrington High Business Economics Business Administration Business Administration Leilehua High School Sacred Hearts Academy School Kealakehe High School Mililani High School Punahou School Carter Lau Nathan Lee Alyssa Mahidashti Ashton Mayo Megan McCrary Micah Miyasato Chapman University Case Western University of Hawai‘i University of Hawai‘i University of Puget Corban University Film Reserve University at Hilo at Mānoa Sound Political Science ‘Iolani School Biochemistry Biology Hawaiian Language To be decided Christian Academy Punahou School Waiakea High School Kamehameha Schools La Pietra Travis Murayama Joshua Nichols Christopher Christian Ashlynn Shiraishi Nicholas Shiroma University of Oregon DePaul University Pascual Sandrowski University of Northern University of Hawai‘i Business Management Computer Science Gonzaga University University of Utah Colorado at Mānoa Mid-Pacific Institute Mid-Pacific Institute Business Management Computer Science Human Services To be decided Punahou School Kauai High School Waiakea High School Roosevelt High School Kylee-Ray Tactacan Paea Tafea Kristen Tamagawa Keri Togami Diamond Tuisano Nicholas Young Chaminade University United States Pacific University Pacific University Champlain College University of Portland of Honolulu Military Academy Accounting Biology Psychology Biochemistry Biology Athletic Training Punahou School Mililani High School Waianae High School Kamehameha Schools Waianae High School Kapa‘a High School Nothing helps people say Welcome to Tomorrow like an education. That’s why the Bank of Hawaii Foundation is so proud to support these outstanding young family members of Bank of Hawaii employees. Through our Bank of Hawaii Foundation Scholarship, we’re able to help this exceptional group of students not only go to college, but go as far as their talent and ambition can take them. Through their hard work, perseverance and determination, they inspire us all. ©2017 Bank of Hawaii Foundation Tonight is sponsored by: Pacific Financial Aid Association Hawaii Community Foundation 1 GEAR UP Hawai’i Bank of Hawai’i Foundation Presented by PacFAA 2 3 What is Financial Aid? Funds to help students & families pay for educational expenses. Financial aid funds consist of: Grants Employment Scholarships Loans 1 4 Grants – Free Money that you don’t have to pay back. Pell Grant– Based on financial need from FAFSA. Same at every school. $5920 Max SEOG Grant– Eligible for students with the highest need. Amount varies. $4000 Max Work Study– Student employment paid by federal funds. Answer ‘yes’ on FAFSA and check with Financial Aid Office for procedures. Work up to 20 Hours a week Flexible work schedules Paid just like a regular employee Money can be used at your discretion 5 (UH schools only) 3.00 HS GPA, HS transcripts needed Public HS with rigorous curriculum Financial Need Reduced tuition rate Check for participating colleges Application process varies by college 6 (UH Community Colleges only) “Last Dollar” award No application, but must complete FAFSA Remaining Direct Cost need after all other grants/scholarships (regardless of order received) Minimum half-time enrollment Must meet Satisfactory Academic Progress (SAP) requirements 2 7 $3500 - $12500 Subsidized-Need based, no interest while in school Unsubsidized-Non-need based, continuous interest accrual Amount based on grade level classification (credit amount) Interest determined every new school year Begin repayment 6 months after graduation or withdrawal •Accrues Interest •Loans that parents borrower for dependent students •Credit check needed for eligibility Scholarship Searches • hawaiicommunityfoundation.org • ksbe.edu/finaid 8 • fastweb.com • finaid.org How do I create an FSA ID? 9 3 Getting Started • Go to StudentAid.gov/fsaid • Click the “Create an FSA ID Now” button 10 Create Your FSA ID (Username and password) E-mail: • Optional but strongly recommended • Each FSA ID must have a unique e-mail address (you and your parent cannot use the same e-mail address) • You must have access to this e-mail account Username: • Don’t include personal info such as date of You can select birth or name “Show Text” to see what • If you see a message you’re typing “Username taken, create a different username” then someone has already used that username 11 Provide Personal Information • Make sure your Social Security number, date of birth, and name match what’s on your Social Security card • You must have a Social Security number to create an FSA ID. 12 4 Link Your PIN (if you have one) • If you applied for federal student aid before May 2015, then you most likely had a 4-digit PIN—the FSA ID replaces the PIN; you can link your PIN to your FSA ID on this screen • If you can’t remember your PIN, you can select “Forgot My PIN” and answer a challenge question or you can continue without linking your PIN • If you didn’t have a PIN, then you won’t see this screen 13 Provide Profile Information • Confirm information you entered previously and provide additional information • Make sure your information is correct; any errors could result in a delay or problem in your receiving financial aid (or the repayment of your federal student loans) 14 Select/Create Challenge Questions and Answers Answering your challenge questions is one way to unlock your account or reset your username and password Questions 1 and 2: • Select a question from the dropdown menu and then enter your answer Questions 3 and 4: • Make up your own question You can select “Show Text” to and enter your answer see what you’re • Make sure the answers will typing be easy to remember • Examples of questions: • What’s your favorite color? • What’s your favorite food? Question 5: • Enter a significant date • It can’t be your date of birth • Examples of dates: • Favorite holiday • Sibling or parent date of birth 15 5 Review Info and Agree to Terms • Review and confirm your information • If you need to make a correction, use the “Previous” button • Review and agree to the terms and conditions for using your FSA ID 16 Verify Your E-mail E-mail Verification Page • If you provided an e-mail address, then you will be taken to the E-mail Verification page • Once you verify your e-mail, you can use your e-mail address as your username when logging in to Department of Education websites • You can also continue without verifying How to Verify Your E-mail • Do not close the E-mail Verification page • We’ll send you an e-mail with a secure code E-mail With Your Secure Code • Log in to your e-mail account using a different tab or browser window or another device • Look for an e-mail with the subject line, “Important: Your FSA ID E- mail Validation - Action Required” • The e-mail will include a six-digit, numeric code that you will enter in the “Secure Code” data field 17 Your FSA ID is created! • Your FSA ID was created • If you provided an e-mail address, then you will receive a confirmation e-mail Using Your FSA ID • You can log in to fafsa.gov and complete, sign, and submit a new (original) FAFSA • If you didn’t provide or link to a PIN, then your info will be sent to the Social Security Administration for confirmation • SSA review will take 1-3 days • Until your info is verified, you won’t be able to take certain actions, such as correct your FAFSA, submit a renewal FAFSA, or sign a Master Promissory Note. 18 6 19 20 21 7 22 23 24 8 25 26 27 9 28 29 30 10 31 32 33 11 34 35 36 12 37 These fields are pre-filled based on FAFSA responses 38 39 13 These areas are now encrypted and greyed out due to new IRS security Protocol put in place to keep your information private!!!! 40 Encrypted Encrypted Encrypted Encrypted 41 Encrypted Encrypted Encrypted 42 14 Encrypted Encrypted Encrypted 43 44 45 15 46 47 These fields are pre-filled based on FAFSA responses 48 16 49 These areas are now encrypted and greyed out due to new IRS security Protocol put in place to keep your information private!!!! 50 Encrypted Encrypted Encrypted 51 17 Encrypted Encrypted Encrypted 52 Encrypted Encrypted Encrypted Encrypted 53 54 18 55 56 57 19 58 Questions??? Tonight was sponsored by: Pacific Financial Aid Association Bank of Hawaii Hawaii Community Foundation GEAR UP Hawaii 20 / FAFSA July 1, 2017 – June 30, 2018 FREE APPLICATION for FEDERAL STUDENT AID Check with your financial aid administrator for these states and Use this form to apply free for federal and state student territories: AL, AS *, AZ, CO, FM *, GA, GU *, HI *, MH *, MP *, MT *, NE, NH *, NM, grants, work-study, and loans.