“Your ability to attend one of the nation’s top universities is based solely on hard work, academic merit, and the desire to move this world forward.”
This inspiring thought comes from the video linked below, one of two so far in a series that is the result of the combined efforts of UVAFinance, University Communications and Admissions (see the first video below this post).
The video series describes UVA’s position and
rankings around financial aid and value, as well as our financial aid
philosophy, and will be used widely in a variety of communications channels
during the recruitment season.
Steve Kimata, Assistant Vice President for
Student Financial Services, says he’s glad the videos showcase that access and
affordability have always been a priority at UVA.
“In 2004, then-President John Casteen and the
Board of Visitors approved our new AccessUVA financial aid program with the aim
of making a UVA education available to all students, regardless of their
financial circumstances,” said Kimata.
Through AccessUVA, UVA meets 100% of the
demonstrated need of all undergraduate students; it is one of only two public
universities to do so. SFS also has a key role in supporting UVA’s Affordable
Excellence model, approved by
the Board of Visitors in 2015.
Kimata and Scott Miller, Director of Student
Financial Aid, shared a few key guidelines for students and families
considering UVA:
- Families
must complete two applications every year: The FAFSA (Free Application for Federal
Student Aid) and the CSS
Profile (for institutional and state aid). This allows SFS to
direct aid dollars to those who have the most need. The complete application
process can be found here.
- Students
should use My inTuition,
a cost estimator unique to UVA,
which provides a good estimate of the “net” price to the family, not the
gross price. Net price is the Cost of Attendance minus grants and
scholarships.
- Families
should not hesitate to contact SFS with questions – the sooner, the
better! SFS staff do a number of outreach sessions at area high
schools, on Grounds for current students, and at high schools across the
state in conjunction with the Admission staff.
- There
are some options students might not realize are available. SFS
created a scholarship page to
provide information about all types of scholarships from around
Grounds. Additional options include Parent PLUS loans, installment
payment plans, and 529 or Prepaid Tuition plans. Information about
these can be found at sfs.virginia.edu and
specific information about the Commonwealth of Virginia’s 529 or Prepaid
plans can be found at www.virginia.529.com
Learn more at financialaid.virginia.edu (and
see the videos in action!)
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