Gettin Paid. To Attend College

Size: px
Start display at page:

Download "Gettin Paid. To Attend College"

Transcription

1 Gettin Paid To Attend College

2 The Basics of Gettin Paid Student & family may be responsible for paying portions of college costs. Financial aid provides resources to help families who are unable to cover college costs. Universities and colleges have programs to keep financial demands reasonable. Students should expect to take out loans and work part-time.

3 Who can Get Paid Demonstrate financial need Have a high school diploma Be working toward a degree or certificate Be a U.S. Citizen or eligible non-citizen Have a valid social security number Register with Selective Service, if you are a male between the ages of Maintain satisfactory academic progress once in school

4 How can you calculate Need? Most financial aid awards are based on Need Expected Family Contribution (EFC) is calculated using a federally established formula based on factors such as student & parent income & assets, and size of household. Need is calculated using this formula: COST OF ATTENDANCE - EFC = NEED

5 UC Irvine Estimated Cost of Attendance Commuter On Campus Off Campus Fees $8,774 $8,774 $8,774 Room & Board $4,117 $10,527 $9,245 Books & Supplies $1,601 $1,601 $1,601 Transportation $1,889 $1,399 $2,158 Personal Costs $1,799 $1,544 $1,899 Total $18,180 $23,845 $23,677

6 Ways to Get Paid Grants Student Loans Parent Loans Work Study Scholarships

7 Grants Definition: Money that does not have to be paid back. Some examples include: University Grants Federal Pell Grants Cal Grant Cal Grant A: Minimum 3.0 high school GPA plus additional eligibility criteria Cal Grant B: Minimum 2.0 high school GPA plus expanded/stricter criteria Cal Grant C: To qualify, you must enroll in a vocational program at a California community or independent college or vocational school that is at least four months long.

8 Student Loans Loans are a reality of college! Direct Stafford Loan Funded by government Variable interest rate capped at 8.25% Federal Family Education (FFEL) Stafford Loan Funded by government Federal Perkins Loan Funded by student s school. Money must be paid back to that school. 5% interest rate

9 Student Loans Your student loan may be: Subsidized Loan is awarded on the basis of need. Interest does not accrue while in school, government subsidizes it. Unsubsidized Loan is not awarded on the basis of need Interest begins accruing immediately after funds are disbursed Payment for both types of loans are scheduled to begin 6 months after graduation.

10 Parent Loans (PLUS Loans) Student gets the money. Parents get the payments! Allows parents with good credit to borrow money to help pay for the cost of college. Families are eligible regardless of income/resources Interest rates never exceed 9% Repayment begins immediately after obtaining the funds.

11 Work Study The Federal Work-Study Program provides jobs for undergraduate students with financial need. Allows students to earn money to help pay education expenses. Students have the opportunity to work part-time with campus departments, which accommodate student schedules.

12 Scholarships May reduce the need to work or borrow. Each scholarship will have different requirements and an application needs to be filled out for each. Many resources on the internet Beware of scholarship scams or fee-forservice programs.

13 Sample Financial Aid Packages Cost of Attendance -EFC Need State $15,000 $ 3,400 $11,600 Private $30,000 $ 3,400 $26,600 Pell Grant $1,000 Cal Grant $3,000 Institutional Grant $1,975 Loan-Stafford $3,125 Institutional Scholarships $1,000 Work-Study $1,500 Total Aid $11,600 $1,000 $3,000 $9,750 $3,125 $8,000 $1,500 $26,375

14 Sample Financial Aid Packages Cost of attendance will vary by school. EFC will stay the same regardless of the school you decide to attend. Therefore, your need will vary by school. Example: State University with a total cost of $15,000 Private University with a total cost of $30,000 $30,000 $25,000 $20,000 $15,000 $10,000 $5,000 $0 State Univ. Private Univ. Work-study Scholarships Loans Grants EFC

15 Issues for Undocumented Students Under state law (AB 540) approved in 2001, the UC, CSU, and community colleges can consider undocumented students for in-state tuition if: 1. They attend a California high school for at least three years, 2. Graduate from a California high school or equivalent (GED), and 3. Sign an affidavit with the college pledging to apply for permanent residency as soon as they are eligible. UC cannot award any other financial aid to AB 540 students There are some special programs offered at other individual campuses. Check with your college s financial aid office. Loans from outside agencies, special grants and/or scholarships are the best options.

16 Deadlines! Deadlines! Deadlines! Free Application for Federal Student Aid (FAFSA) Due March 2 (Can be submitted between Jan. 1 & March 2) GPA Verification Form Due March 2 See your counselor for the form Your FAFSA MUST be signed by both you and a parent, which is usually done electronically with a PIN (Personal Identification Number) Apply for your PINs today at PINs are confirmed by All info and supporting documents must be correct MARCH 2! MARCH 2! MARCH 2!

17 Anything else? Be Aware of Deadlines! Begin now. Saving for college Searching for scholarships Read everything you receive by mail or Watch for your Student Aid Report (SAR) in your inbox Don t pay anyone to find scholarships for you. Don t be afraid to borrow loans they are a good investment if used wisely. Money should not be an obstacle to obtain a college education.

18 Gettin Paid on the Web Financial Aid Info FAFSA & PIN Scholarship Searches AB 540 Info & Scholarships

USC CENTER FOR HIGHER EDUCATION POLICY ANALYSIS COSTS:

USC CENTER FOR HIGHER EDUCATION POLICY ANALYSIS COSTS: USC CENTER FOR HIGHER EDUCATION POLICY ANALYSIS COLLEGE COSTS: A CALIFORNIA STUDENT GUIDE TO PAYING FOR COLLEGE Are you concerned about paying for college? Do you think that attending your college of choice

More information

The Financial Aid Application Process and Frequently Asked Questions

The Financial Aid Application Process and Frequently Asked Questions The Financial Aid Application Process and Frequently Asked Questions Step 1 - To apply for financial aid, a student must complete the Free Application for Federal Student Aid (FAFSA) each year. Students

More information

Financial Aid Night. 180 Remsen Street Brooklyn, NY 11201 Phone 718-489-5255 Fax 718-643-0076 sfs@stfranciscollege.edu

Financial Aid Night. 180 Remsen Street Brooklyn, NY 11201 Phone 718-489-5255 Fax 718-643-0076 sfs@stfranciscollege.edu Financial Aid Night 180 Remsen Street Brooklyn, NY 11201 Phone 718-489-5255 Fax 718-643-0076 sfs@stfranciscollege.edu What is Financial Aid? Scholarships Grants Employment opportunities Loans How To Apply

More information

FAFSA: MAXIMIZE YOUR FINANCIAL

FAFSA: MAXIMIZE YOUR FINANCIAL FAFSA: MAXIMIZE YOUR FINANCIAL AID AGENDA Importance of an education Role of the Financial Aid Office Types & Sources of Financial Aid How to Apply for Financial Aid Awarding Process & Comparing Awards

More information

2015-2016. ABCs of Financial Aid

2015-2016. ABCs of Financial Aid 2015-2016 ABCs of Financial Aid 1 What s Inside General Eligibility Requirements for Federal Financial Aid...2 Dependency Status...2 Applying for Financial Aid and the Need Analysis Process...3 Need Analysis

More information

Financial Aid Information

Financial Aid Information Financial Aid Information WHAT IS FINANCIAL AID? Financial aid is a combination of grants, federal loans and work-study opportunities awarded based on financial need. Scholarships on the other hand are

More information

Financial Aid Night. Presented By Anna Minniece Irvine Valley College. Education is not expensive, it's priceless."

Financial Aid Night. Presented By Anna Minniece Irvine Valley College. Education is not expensive, it's priceless. Financial Aid Night Presented By Anna Minniece Irvine Valley College Education is not expensive, it's priceless." 1 2 Agenda What is Financial Aid? Application Process How Financial Aid Need is Determined

More information

College Planning Guide

College Planning Guide College Planning Guide 2010-2011 C O P T I C E D U C A T I O N A L F O U N D A T I O N 2 0 1 0-2 0 1 1 Page 1 SECTION IV Financing Your College Education College can be expensive, so the earlier you begin

More information

Finding Money for College

Finding Money for College Finding Money for College We will talk about: Federal student aid State student aid Student aid from colleges Scholarships from other sources 2 We will answer: What is financial aid? Who can get it? How

More information

FINANCIAL AID VOCABULARY

FINANCIAL AID VOCABULARY Award Letter Notification of the terms and requirements of the financial aid package offered by a college. College Scholarship Service (CSS) Profile A financial aid application, in addition to the FAFSA,

More information

FINANCIAL AID APPLICATION PROCESS. Determine your estimated eligibility. Complete application worksheet. Transmit application on-line

FINANCIAL AID APPLICATION PROCESS. Determine your estimated eligibility. Complete application worksheet. Transmit application on-line FINANCIAL AID QUALIFICATIONS What are the qualifications to receive Financial Aid? In order to qualify, you must: Be accepted for admissions; Be in good academic standing; For most programs, demonstrate

More information

Financing a College Education

Financing a College Education Financing a College Education After this program, you should know The types of aid available to students How and when to apply for financial aid How financial aid eligibility is calculated Sources of Financial

More information

How do you receive financial aid?

How do you receive financial aid? What types of financial aid are available and in what order are they awarded? 1. Scholarships and Fee Waivers 2. Grants 3. Work-Study 4. Student Loans: Subsidized, Unsubsidized, Perkins, Parent PLUS How

More information

Learning the Language of Financial Aid

Learning the Language of Financial Aid Learning the Language of Financial Aid An Introduction to Financial Aid Terminology and Basics BHS Guidance Office How do I pay for college? Family support Savings Work Grants Scholarships Loans Financial

More information

Financial Aid 101. Seminole State College

Financial Aid 101. Seminole State College Financial Aid 101 Seminole State College How Can I Apply for Financial Aid? Complete a FAFSA (Free Application for Federal Student Aid) each school year in summer before fall starts (www.fafsa.ed.gov or

More information

Financial Aid and Scholarships: Planning for your Child s Educational Expenses

Financial Aid and Scholarships: Planning for your Child s Educational Expenses Financial Aid and Scholarships: Planning for your Child s Educational Expenses Renee G. Dann, Assistant Director/Coordinator Financial Aid and Scholarships January 15, 2015 Goals for Tonight What are basic

More information

NEW JERSEY CITY UNIVERSITY. Guide to Financial Aid

NEW JERSEY CITY UNIVERSITY. Guide to Financial Aid NEW JERSEY CITY UNIVERSITY Guide to Financial Aid Fastfact: NJCU graduates include a fashion magazine art director, a NJ Assembly person, a police captain, a news anchor and a corporate vice president!

More information

Applying for Financial Aid. Presented by: Clint Young Office of Student Financial Assistance The George Washington University

Applying for Financial Aid. Presented by: Clint Young Office of Student Financial Assistance The George Washington University Applying for Financial Aid Presented by: Clint Young Office of Student Financial Assistance The George Washington University An investment in knowledge always pays the best interest. Benjamin Franklin

More information

Planning and Paying for College. Grants, Scholarships, Loans and Other Money for College

Planning and Paying for College. Grants, Scholarships, Loans and Other Money for College Planning and Paying for College Grants, Scholarships, Loans and Other Money for College 10 Important Things to Qualify 1. Submit the FAFSA 2. Submit any other applications 3. Demonstrate financial need

More information

What You Need to Know about Financial Aid. Ms. Noble, A-Gri: jnoble@ghchs.com Ms. Chung, Gu-Par: lchung@ghchs.com Ms. Rader, Pat-Z: drader@ghchs.

What You Need to Know about Financial Aid. Ms. Noble, A-Gri: jnoble@ghchs.com Ms. Chung, Gu-Par: lchung@ghchs.com Ms. Rader, Pat-Z: drader@ghchs. What You Need to Know about Financial Aid Ms. Noble, A-Gri: jnoble@ghchs.com Ms. Chung, Gu-Par: lchung@ghchs.com Ms. Rader, Pat-Z: drader@ghchs.com What Will You Learn at This Workshop What is financial

More information

Financial Aid 101. Conard School Counseling Senior Workshop

Financial Aid 101. Conard School Counseling Senior Workshop Financial Aid 101 Conard School Counseling Senior Workshop Workshop Agenda Session #1 (Jan 7 th ) Overview of Financial Aid PIN Application College Goal Sunday Session #2 (Jan 14 th ) FAFSA completion

More information

Oakland University Financial Services Funding Education Beyond High School Supplemental Worksheet

Oakland University Financial Services Funding Education Beyond High School Supplemental Worksheet Elements of Financial Aid Oakland University Financial Services Funding Education Beyond High School Supplemental Worksheet A) Four types of financial aid available to students: B) Three different categories:

More information

2011 Open House Financial Aid. Catherine Graham Financial Aid Director

2011 Open House Financial Aid. Catherine Graham Financial Aid Director 2011 Open House Financial Aid Catherine Graham Financial Aid Director Overview LMU at a glance Types of available aid The aid application process Connecting with the Financial Aid Office Additional resources

More information

FINANCIAL AID for Junior Parents: The Basics. April 22, 2015

FINANCIAL AID for Junior Parents: The Basics. April 22, 2015 FINANCIAL AID for Junior Parents: The Basics April 22, 2015 What is Financial Aid? Cost of Attendance (COA) - Expected Family Contribution (EFC) Student s Financial Need (eligibility) Financial Aid --

More information

Financial Aid Glossary

Financial Aid Glossary Financial Aid Glossary Ability-to-Benefit Academic Year Accreditation Accrue Award Letter Borrower Capitalized Consolidation Cost of Attendance (COA) Default One of the criteria used to establish student

More information

Filling Out the FAFSA

Filling Out the FAFSA Filling Out the FAFSA Free Application for Federal Student Aid The Path to Financial Aid Starts Here FAFSA What s Inside? Federal student aid is provided by the U.S. government to help you pay for college.

More information

HSMSE FINANCIAL AID PRESENTATION

HSMSE FINANCIAL AID PRESENTATION Crystal Bonds, Principal HSMSE FINANCIAL AID PRESENTATION Presented by: Wade A. Klein HSMSE Director of College Services & School Counselor Overview Overview of the Financial Aid Process Steps to Submitting

More information

FINANCIAL AID 101. Claire Alasio Associate Vice President for Enrollment Management Director of Financial Aid Monmouth University

FINANCIAL AID 101. Claire Alasio Associate Vice President for Enrollment Management Director of Financial Aid Monmouth University FINANCIAL AID 101 Claire Alasio Associate Vice President for Enrollment Management Director of Financial Aid Monmouth University Role of the Financial Aid Office Evaluate a family s ability to pay for

More information

Learning Today, Leading Tomorrow FINANCIAL AID

Learning Today, Leading Tomorrow FINANCIAL AID Learning Today, Leading Tomorrow STUDENT FINANCIAL AID SUCCESSFULLY NAVIGATING THE STUDENT FINANCIAL AID PROCESS The Northern Illinois University Student Financial Aid Office (SFAO) is pleased to assist

More information

Financial Aid Overview

Financial Aid Overview Financial Aid Overview ww.fafsa.ed.gov Presented by: Dorothy Nacita Santa Ana College Financial Aid Office Financial Aid Myths Students with highest GPAs get all the aid Not in full time, won t qualify

More information

Paying for School. 6 steps for success. AllNursingSchools.com

Paying for School. 6 steps for success. AllNursingSchools.com 3 This Getting Started Guide is your source for up-to-date information about choosing a nursing school or program. Use these tips to get organized and motivated and get going on making your dreams a reality.

More information

Education Lights the Way at

Education Lights the Way at Education Lights the Way at UC Irvine Today s Topics Sources of Financial Aid General Eligibility Criteria Cost of Education Application Process Needs Analysis Types of Financial Aid Comparing Aid Offers

More information

College Financial Aid Basics Workshop

College Financial Aid Basics Workshop College Financial Aid Basics Workshop Agenda Major Types of Aid Calculating Financial Need Application Process Special Circumstances What is Financial Aid? Funds provided to students to help pay for postsecondary(college)

More information

The Financial Aid Process. Paying for College

The Financial Aid Process. Paying for College The Financial Aid Process Paying for College Financing College What is financial aid? Types: Loans, scholarships, etc. FAFSA Who can help? What is financial aid? Financial aid makes college/training affordable

More information

Financial Aid. Eligibility Requirements for Federal Student Aid. University of California, Irvine 2015-2016 1. On This Page:

Financial Aid. Eligibility Requirements for Federal Student Aid. University of California, Irvine 2015-2016 1. On This Page: University of California, Irvine 2015-2016 1 Financial Aid On This Page: Financial Aid Eligibility Requirements for Federal Student Aid UCI Policies on Satisfactory Academic Progress for Financial Aid

More information

2011-2012 Federal Direct Loan/Stafford Information & Request Form

2011-2012 Federal Direct Loan/Stafford Information & Request Form 2011-2012 Federal Direct Loan/Stafford Information & Request Form Pursuing other alternatives first Get the facts about each loan program What are Federal Direct Loans? HCC Loan policy student requirements

More information

MONEY MATTERS Financial Aid & TOPS

MONEY MATTERS Financial Aid & TOPS MONEY MATTERS Financial Aid & TOPS How to Apply: The FAFSA Complete FAFSA at www.fafsa.gov 2015-2016 for Sum 15, Fall 15, Spring 16 Deadlines: May 1: Financial Aid July 1: TOPS Must be completed each school

More information

Paying for College. Financing Your College Education

Paying for College. Financing Your College Education Objectives In this lesson you will: learn how you can pay for college learn about the different types of financial aid learn about scholarships and how to apply for them learn what steps you can take to

More information

FAFSA Training. U.S. Department of Education Office of Federal Student Aid

FAFSA Training. U.S. Department of Education Office of Federal Student Aid FAFSA Training U.S. Department of Education Office of Federal Student Aid Today s Topics Myths about financial aid Federal Financial Aid Programs The FAFSA: When and How to Apply What to Expect After Applying

More information

Qualifying for the financial aid you deserve MADE $IMPLE

Qualifying for the financial aid you deserve MADE $IMPLE Qualifying for the financial aid you deserve MADE $IMPLE table of contents 2...Paying for college...realizing your dream. 3... Am I eligible? 4...What s available for me? 5...How do I find the financial

More information

FINANCIAL AID 101. Kristen Isaksen Associate Director of Financial Aid Monmouth University

FINANCIAL AID 101. Kristen Isaksen Associate Director of Financial Aid Monmouth University FINANCIAL AID 101 Kristen Isaksen Associate Director of Financial Aid Monmouth University What is Financial Aid? Financial aid is money that helps a student pay for education expenses at a postsecondary

More information

The Financial Aid Process Paying for College Kenneth McGhee, Financial Aid Manager The SEED Foundation

The Financial Aid Process Paying for College Kenneth McGhee, Financial Aid Manager The SEED Foundation The Financial Aid Process Paying for College Kenneth McGhee, Financial Aid Manager The SEED Foundation Agenda for Conversation Section One Education Pays Section Two What is Financial Aid?, Section Three

More information

Introduction to Financial Aid: An Overview for High School Students and Parents. presented by: Hayato Suzuki Director of Financial Aid

Introduction to Financial Aid: An Overview for High School Students and Parents. presented by: Hayato Suzuki Director of Financial Aid Introduction to Financial Aid: An Overview for High School Students and Parents presented by: Hayato Suzuki Director of Financial Aid Tonight s Topics Types and sources of aid How financial need is determined

More information

Your guide to navigating and understanding financial aid, information for parents and students.

Your guide to navigating and understanding financial aid, information for parents and students. Your guide to navigating and understanding financial aid, information for parents and students. 1 Table of Contents Paying for College. 3 Types of Financial Aid.3 How to apply for Financial Aid 5 Federal

More information

MONEY MATTERS Financial Aid & TOPS

MONEY MATTERS Financial Aid & TOPS MONEY MATTERS Financial Aid & TOPS How to Apply: The FAFSA Complete FAFSA at www.fafsa.gov 2014-2015 for Sum 14, Fall 14, Spring 15 Deadlines: May 1: Financial Aid July 1: TOPS Must be completed each school

More information

www.liberty.edu/financialaid

www.liberty.edu/financialaid Financial Aid Guide Privacy: Before speaking with the student by phone or in person, identity will be confirmed. If family members or any other individuals call on behalf of the student, a Family Educational

More information

Financial Aid Consumer Information

Financial Aid Consumer Information Financial Aid Consumer Information In accordance with federal regulations set forth by the Higher Education Act of 1965, as amended, NCE provides this Student Disclosures Schedule as means to disseminate

More information

Are You Ready for College?

Are You Ready for College? Are You Ready for College? Financial AID, Scholarships, School Loans, Work Study, and Grants for College Tuition Patricia Jackson Wadquidia Retta College Tuition College is an expensive expense when your

More information

West shore community college. Financial

West shore community college. Financial Financial Aid 38 - Financial Aid The West Shore Community College Financial Aid Office encourages all students to apply for financial aid and will assist all students with the process of applying for financial

More information

CONCORDIA UNIVERSITY WISCONSIN

CONCORDIA UNIVERSITY WISCONSIN CONCORDIA UNIVERSITY WISCONSIN Concordia University is a Lutheran higher education community committed to helping students develop in mind, body, and spirit for service to Christ in the Church and the

More information

Racer Aid. Murray State University Financial Aid Guide for Families

Racer Aid. Murray State University Financial Aid Guide for Families Racer Aid Murray State University Financial Aid Guide for Families Work-study provides students the opportunity to work while going to school. Numerous offices on campus offer employment opportunities.

More information

College and Coffee. Funding your Student s College Education

College and Coffee. Funding your Student s College Education College and Coffee Funding your Student s College Education Disclaimer and Advice We are counselors, not financial advisors We are here to provide you with an overview of this process and resources only

More information

Accepted Student Reception Financial Aid Presentation. March 29, 2015

Accepted Student Reception Financial Aid Presentation. March 29, 2015 Accepted Student Reception Financial Aid Presentation March 29, 2015 Understanding Your Financial Aid Award Letter Screen shot of award letter here Screen shot of award letter here Estimated costs and

More information

Student Aid Program Summary

Student Aid Program Summary Student Aid Program Summary Most federal student aid is need-based, taking into account an expected family contribution (EFC). Need-based financial aid comes in three basic types: 1. Grants and scholarships,

More information

Financial Aid Group. Financial Aid Group. Scholarships, FAFSA, and Everything Else

Financial Aid Group. Financial Aid Group. Scholarships, FAFSA, and Everything Else Financial Aid Group Financial Aid Group Scholarships, FAFSA, and Everything Else Show me the money (bling) Average Earnings by Education Lev $90,000 $80,000 $70,000 $60,000 $50,000 $40,000 $30,000 *Source:

More information

Financial Aid 101 What You Need To Know About Financial Aid

Financial Aid 101 What You Need To Know About Financial Aid Financial Aid 101 What You Need To Know About Financial Aid Jevita Rogers, Director, UCCS Financial Aid Branden Williams, Counselor, UCCS Financial Aid All information in this presentation is general and

More information

Direct Loan Application Guidelines

Direct Loan Application Guidelines Direct Loan Application Guidelines Step 1 FAFSA / SAR The student must log onto the FAFSA (Free Application for Student Aid) website and make an online application. The FAFSA website address is www.fafsa.ed.gov.

More information

Financial Aid 101. What You Need to Know About the College Financial Aid Process. Presented by Jack Zegeer Northern Virginia Community College

Financial Aid 101. What You Need to Know About the College Financial Aid Process. Presented by Jack Zegeer Northern Virginia Community College Financial Aid 101 What You Need to Know About the College Financial Aid Process Presented by Jack Zegeer Northern Virginia Community College Topics Why is college important? What is Financial Aid? What

More information

What You Need to Know about Financial Aid

What You Need to Know about Financial Aid National Association of of Student Financial Aid Administrators What You Need to Know about Financial Aid NASFAA 2012 2013 Slide 1 Topics We Will Discuss Tonight What is financial aid? Categories, types,

More information

Find yourself here FINANCIAL AID Y O U R G U I D E T O

Find yourself here FINANCIAL AID Y O U R G U I D E T O Find yourself here Application Eligibility Helpful Hints Rights & Responsibilities Verification Academic Progress Dependent/Independent Status Y O U R G U I D E T O FINANCIAL AID Bright Futures Federal

More information

Family Contribution. College Scholarship. External Scholarships. Private Loans. Federal/State Aid and Loans

Family Contribution. College Scholarship. External Scholarships. Private Loans. Federal/State Aid and Loans 2015-2016 Family Contribution College Scholarship External Scholarships Private Loans Federal/State Aid and Loans Direct Cost Tuition, on-campus room and board, and any special fees Indirect Cost Books

More information

LOAN REFLECTION. Directions: Complete the handout below individually and share your answers with your small group.

LOAN REFLECTION. Directions: Complete the handout below individually and share your answers with your small group. LOAN REFLECTION Directions: Complete the handout below individually and share your answers with your small group. Have you ever heard the word loan before? In what context? What comes to mind when you

More information

Basics2013-14. Financial Aid. Grants Scholarships Loans Work-Study Reciprocity Family Support Out-of-State. Financial Aid

Basics2013-14. Financial Aid. Grants Scholarships Loans Work-Study Reciprocity Family Support Out-of-State. Financial Aid Financial Aid Financial Aid Basics2013-14 An Introduction to Paying for College Office of Higher Education 1450 Energy Park Drive, Suite 350 Saint Paul, MN 55108-5227 Tel: 651.642.0567 or 800.657.3866

More information

A Guide to Sensible Borrowing & Loan Request Form

A Guide to Sensible Borrowing & Loan Request Form stafford loans STAFFORD LOANS 2010-2011 A Guide to Sensible Borrowing & Loan Request Form Pursue all other alternatives first Get the facts about each loan program What are Federal Direct Loans Budget

More information

Planning & Paying for College: Overview

Planning & Paying for College: Overview CHARTERBANK - Student Checking 4.0 Planning & Paying for College Above: Student Checking 4.0 - Debit Card Design Planning & Paying for College: Overview Many factors go in to planning and paying for college.

More information

TITLE Financial aid overview for parents TITLE

TITLE Financial aid overview for parents TITLE Financial aid overview for parents Understand Your Options Finding the money to pay for college is a concern of many parents because they think they can t afford it. It s important to know that families

More information

Legal Education Institute Financial Aid Sourcebook

Legal Education Institute Financial Aid Sourcebook Legal Education Institute Financial Aid Sourcebook A Publication of Widener University School of Law Office of Financial Aid 2015/2016 Widener University Legal Education Institute Financial Aid Office

More information

What You Need to Know about Financial Aid

What You Need to Know about Financial Aid What You Need to Know about Financial Aid Topics We Will Discuss Tonight Categories, types, and sources of financial aid What is financial aid Cost of attendance (COA) Expected Family Contribution (EFC)

More information

Types of Financial Aid

Types of Financial Aid Types of Financial Aid The Financial Aid Office at SUNY Maritime College assists students in financing their education by offering financial assistance in the form of scholarships, grants, loans and work-study

More information

Topics We Will Discuss Tonight. What is financial aid Categories, types and sources of financial aid Free Application for Federal Student Aid (FAFSA)

Topics We Will Discuss Tonight. What is financial aid Categories, types and sources of financial aid Free Application for Federal Student Aid (FAFSA) Topics We Will Discuss Tonight What is financial aid Categories, types and sources of financial aid Free Application for Federal Student Aid (FAFSA) What is Financial Aid? Financial aid is funds provided

More information

FINANCIAL AID APPLYING FOR FINANCIAL AID ELIGIBILITY FOR FINANCIAL AID. with students by email using our address of ummfinancialaid@maine.edu.

FINANCIAL AID APPLYING FOR FINANCIAL AID ELIGIBILITY FOR FINANCIAL AID. with students by email using our address of ummfinancialaid@maine.edu. FINANCIAL AID APPLYING FOR FINANCIAL AID Application for student aid administered by the University of Maine at Machias (UMM) is made by completing the Free Application for Federal Student Aid (FAFSA)

More information

FINANCIAL AID POLICY

FINANCIAL AID POLICY FINANCIAL AID POLICY Debutantes School of Cosmetology and Nail Technology, LLC (Federal school code 042299) is an approved institution in disbursement of Title IV funds for our cosmetology program. A financial

More information

Financial Aid Seminar

Financial Aid Seminar Financial Aid Seminar What is financial aid? What are the sources of financial aid? How will colleges determine your eligibility for aid? When and how do you apply for aid? Principles of Financial Aid

More information

Finding Money for College. January 12, 2012 Lisa H. Smith

Finding Money for College. January 12, 2012 Lisa H. Smith Finding Money for College January 12, 2012 Lisa H. Smith We will talk about: Federal aid State aid Scholarships 2 We will answer: What is financial aid? Who can get it? How much can I get? How do I apply?

More information

Office of Student Financial Aid Montgomery College

Office of Student Financial Aid Montgomery College Office of Student Financial Aid Montgomery College What is Financial Aid? Cost of Attendance Expected Family Contribution Determining Financial Need Types and Sources of Financial Aid Financial Aid Process

More information

Student Loan ABCs. As trusted financial advisers, CPAs are in a position where clients, friends and family ask about

Student Loan ABCs. As trusted financial advisers, CPAs are in a position where clients, friends and family ask about Student Loan ABCs As trusted financial advisers, CPAs are in a position where clients, friends and family ask about college financing or, more specifically, about student loans. But which one do you recommend?

More information

Some Facts About Financial Aid 2014/15

Some Facts About Financial Aid 2014/15 Some Facts About Financial Aid 2014/15 Some FactS about Financial aid What is Financial aid? Financial aid is money available from federal, state, university, and private sources to help students meet

More information

2005-06 UC Merced Catalog pp. 32-34 excerpted

2005-06 UC Merced Catalog pp. 32-34 excerpted UNDERGRADUATE FINANCIAL AID AND SCHOLARSHIPS The Office of Financial Aid and Scholarships strives to make a college education affordable for all students regardless of their families' financial situations.

More information

Financing a University of Delaware Education. Academic Year 2014-2015

Financing a University of Delaware Education. Academic Year 2014-2015 Financing a University of Delaware Education Academic Year 2014-2015 Notification Process Merit Scholarships In Progress Students eligible for merit scholarship will generally hear a few weeks after receiving

More information

FUTURE FUND YOUR CHEMIST LAWYER JOURNALIST DESIGNER NUTRITION COMPUTER LANDSCA NATURALIST CHEF TEACHER COLLEGE ENGINEER TO PAY DOCTOR DENTIST

FUTURE FUND YOUR CHEMIST LAWYER JOURNALIST DESIGNER NUTRITION COMPUTER LANDSCA NATURALIST CHEF TEACHER COLLEGE ENGINEER TO PAY DOCTOR DENTIST ENERGY SPECIALIST WRITER NATURALIST ENGINEER FUND YOUR LAWYER FARMER FUTURE JOURNALIST GREEN CONSTRUCTION CHEF TEACHER CHEMIST ARCHITECT SOLAR COMPUTER DENTIST ENGINEER WEB DEVELOPER DESIGNER HOW TO PAY

More information

Financing Your Future. An introduction to Financial Aid

Financing Your Future. An introduction to Financial Aid Financing Your Future An introduction to Financial Aid Financing Your Future What does college cost? How do I apply for financial aid? What types of aid are available? Where can I get more information?

More information

FROM HERE, IT S POSSIBLE.

FROM HERE, IT S POSSIBLE. FROM HERE, IT S POSSIBLE. Scholarships & Financial Aid FINANCIAL AID Education Financing FOUR OPPORTUNITIES Opportunity 1: SCHOLARSHIPS Free aid based on student achievement (I.e. grades, activities, service,

More information

Getting Started: 2015 2016 Undergraduate Financing Options. All information is accurate as of December 2014 and subject to change without notice.

Getting Started: 2015 2016 Undergraduate Financing Options. All information is accurate as of December 2014 and subject to change without notice. Getting Started: 2015 2016 Undergraduate Financing Options All information is accurate as of December 2014 and subject to change without notice. Everything You Ever Wanted to Know, But Didn t Know What

More information

Understanding Financial Aid

Understanding Financial Aid Understanding Financial Aid Goal of Financial Aid Primary goal is to assist students in paying for their educational investment and is achieved by:! Evaluating family s ability to pay for educational costs!

More information

Paying For College. Who, What, When, Where and How?

Paying For College. Who, What, When, Where and How? Paying For College Who, What, When, Where and How? Four Ways to Pay for College Grants Money that is given to you Scholarships Money that is given to you because of academic achievement, talent, skill

More information

Basics. An Introduction to Paying for College

Basics. An Introduction to Paying for College inancialaid Basics An Introduction to Paying for College 2011-2012 How Do I Pay for College? If you think you can t afford to go to college, think again. Financial aid has helped millions of students pay

More information

Financing a University of Delaware Education. Academic Year 2012-2013

Financing a University of Delaware Education. Academic Year 2012-2013 Financing a University of Delaware Education Academic Year 2012-2013 Estimated Cost-of-Attendance Budget* Below is the estimated 2012-2013 educational budget. Official rates are announced in early July

More information

"How to get through college with $1 in your pocket."

How to get through college with $1 in your pocket. "How to get through college with $1 in your pocket." An Introduction to Financial Aid By: Anita Adams, Rachel Baltazar, Yena Cheong, Sean Giblin, Jason Tran How much is it gonna cost? or... what's my "net

More information

Some Facts About Financial Aid

Some Facts About Financial Aid Some Facts About Financial Aid 2013 14 Some Facts About Financial Aid What is Financial Aid? Financial aid is money available from federal, state, university, and private sources to help students meet

More information

Your comprehensive AMDA Financial Aid planning guide.

Your comprehensive AMDA Financial Aid planning guide. Your comprehensive AMDA Financial Aid planning guide. We know the financial aid process can sometimes be confusing, so we ve tried to make the process easier with this comprehensive guide. Simply follow

More information

Financial Aid. Guide to Educational Costs & Resources

Financial Aid. Guide to Educational Costs & Resources Financial Aid Guide to Educational Costs & Resources We understand tuition and related costs can play a big role in the college selection process. Whether you enroll as an undergraduate, graduate, or Doctor

More information

William D. Ford Federal Direct Loan Program Loans made through this program are referred to as Direct Loans. Eligible students

William D. Ford Federal Direct Loan Program Loans made through this program are referred to as Direct Loans. Eligible students Frequently Asked Questions 1. How and when to apply for Financial Aid? To apply for financial aid at Northark, you should: Submit the Free Application for Federal Student Aid (FAFSA) at www.fafsa.gov Complete

More information

CONCORDIA UNIVERSITY

CONCORDIA UNIVERSITY CONCORDIA UNIVERSITY Concordia University is a Lutheran higher education community committed to helping students develop in mind, body, and spirit for service to Christ in the Church and the world Main

More information

Paying for School Checklist

Paying for School Checklist Paying for School Checklist There is a lot to do to get into college. Planning ahead will save you time and energy in the long run! Use this checklist to stay on track for college. Better yet, use it to

More information

Financial. Aid. 2012-2013 An Introduction to Paying FOR COLLEGE. Minnesota Office of Higher Education

Financial. Aid. 2012-2013 An Introduction to Paying FOR COLLEGE. Minnesota Office of Higher Education Financial Aid 2012-2013 An Introduction to Paying FOR COLLEGE Office of Higher Education 1450 Energy Park Drive, Suite 350 Saint Paul, MN 55108-5227 Tel: 651.642.0567 or 800.657.3866 TTY Relay: 800.627.3529

More information

2016-2017 GUIDE TO FINANCIAL AID AND FUNDING RESOURCES

2016-2017 GUIDE TO FINANCIAL AID AND FUNDING RESOURCES 2016-2017 GUIDE TO FINANCIAL AID AND FUNDING RESOURCES PAGE 2 COST OF ATTENDANCE The cost of your Trinity education includes both direct costs and indirect expenses. Direct costs will be listed on the

More information

YOUR FUTURE Preparing for education beyond high school

YOUR FUTURE Preparing for education beyond high school College Outreach YOUR FUTURE Preparing for education beyond high school Anyone considering college has a lot to think about. Let this guide be a resource as you gather the facts on getting the degree or

More information

Financial Aid @ Austin Grad Overview & Policies

Financial Aid @ Austin Grad Overview & Policies Financial Aid @ Austin Grad Overview & Policies Financial Aid Director Dave Arthur (512) 476-2772 x 105 darthur@austingrad.edu CONTENTS Financing your Austin Grad Education 2 The FAFSA 3 Helpful websites

More information

Direct loan Information. Federal Direct Student Loans A simple and flexible way to finance your education. Welcome!

Direct loan Information. Federal Direct Student Loans A simple and flexible way to finance your education. Welcome! Direct loan Information Federal Direct Student Loans A simple and flexible way to finance your education. Welcome! Beginning Spring Semester 2012, Ogeechee Technical College will be participating in the

More information