The daily Nebraskan. ([Lincoln, Neb.) 1901-current, June 07, 1990, Summer, Page 6, Image 6

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    SCA WOLFF
TANNING BOOTH AVAILABLE
(402) 474-1974
UNIQUE TECHNIQUES IN
HAIR DESIGN & TANNING
in the Reunion • 16th & W Streets • 905 N. 16th
I JOYCE’S SUBS 1
&
THE PCIB
Reunion Food Court
6-DAY-SGBEER-SPECIAL
Buy any Half-loaf Sub at Joyce’s
and
Buy a $1.00 Beer at the Pub for 50</
Monday, June 11th
thru
Saturday, June 16th
THE REUNION FOOD COURT
UNL office ready to help students
with financial aid problems, questions
By Jennifer Davis
Staff Reporter
The Office of Scholarships and
Financial Aid proves to be most bene
ficial to students who meet deadlines.
Many steps arc involved when it
comes to applying for financial aid,
but the most important one is getting
the proper forms in on time, said John
Beacon, OSFA director.
Beacon said students who think
they would qualify for some type of
financial aid need to begin the proc
ess by completing a Family Financial
Statement (FFS). This form is made
available to students at the financial
aid office. __
Next, students must mail the work
sheets in tiic provided envelope. These
forms will be sent to the College
Scholarship Service in Iowa where
they will indicate the estimated fam
ily contribution and through a for
mula to determine a student's need
for financial aid, Beacon said.
The formula simply subtracts the
cost of attending school from the
student’s family contribution which
equals the student’s need, he said.
Other factors also arc considered, such
as the family’s income, student’s
income, assets, size of household,
number of family members attending
college and age of the person bring
ing in the income, he said.
Beacon said it is important to know
when to file. A student can mail the
FFS as early as January 1 for the
following school year. Applicants who
have their forms in by March 1 are
considered priority applicants and have
a belter chance to receive campus
based aid than those who wait until
after the March 1 deadline, he said.
“Sixty percent-of applicants re
ceive some type of financial aid,”
Beacon said. Many different forms of
aid exist, ranging from grants to loans,
which help students pay for college
expenses.
Some types of aid available at IJNL
arc Pell Grants, Supplemental Educa
tional Opportunity Grants, College
Work Study, Perkins Loans, Stafford
Loans (formerly Guaranteed Student
Loans), Plus Loans, Stale Student
Incentive Grants and scholarships.
SSIG, SEOG, work study and
Perkins arc campus-based programs
which arc offered only to priority
applicants because of limited funds,
Beacon said.
The university will award more
federal money this year than in the
past, he said, with about S34,865,0(X)
being awarded. There also is a 12
percent increase in loans and an 11
percent increase in work study money,
he said.
Students must realize the rights
and responsibililies that accompany
financial aid, Beacon said. For ex
ample, he said, when students apply
for loans, they arc required to take an
entrance and exit interview which
explain me importance oi paying nack
their loans and not defaulting on them.
Students can learn more about their
rights and responsibilities and get
answers to their financial aid ques
tions by visiting the financial aid office
in room 16 of the Administration
Building. The office is open daily
from 8 a.m. to 5 p.m. throughout the
school year.
Continued from Page 5
Now I 1/2 to two generations have
used Cliffs Notes to help them under
stand literature, he said.
Some former students tell him, ‘‘I
never would have gotten through
college without your notes helping
me out,” Hillcgass said.
Although they probably would have
graduated anyway, he said, it’s satis
fying that his notes helped them.
And Hillcgass is pleased to know
he has succeeded.
“It is most satisfying to find out
that the idea that surfaced in 1958 has
developed to its present form,” he
said.
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