how do i pay for college?. summary what can i do now? types of aid application process tips for...

How do I pay for college?

SummaryWhat Can I Do Now?

Types of Aid

Application Process

Tips for Financial Success in College

What Can I Do Now?Save, Save, Save!!!

Get Involved

Scholarship Applications

High School Counselor

Community Foundations

Google and Online Scholarship Search Engines

Warning: Should not have to pay for scholarships - Scams

Create a Budget - Calculators

Types of AidMerit Based - G.P.A, Test Scores

Grants and Scholarships

Need Based - Financial Need

Grants

Scholarships

Loans

Types of Aid

● Money given, paid or loaned to help pay for college

Gift AidGrants and Scholarships (free money)

Self-Help AidWork-Study (job opportunity to earn money)Loans (money borrowed that must be repaid)

Application Process

Admission Application

Local Applications

Online Applications

Free Application for Federal Aid (FAFSA)

FAFSAwww.fafsa.ed.gov

www.fafsa4caster.ed.gov

Expected Family Contribution (EFC)

Can File earliest January 1st for Fall Semester - First Come, First Serve

Special Condition Application

College Goal Sunday

WWW.FAFSA.ED.GOV

FAFSA WORKSHEET

Save time by completing a worksheet before accessing FOTW

Order Worksheets at www.fsapubs.org or by phone at 1-800-4-FED-AID

FAFSA PROCESS

Student

Central ProcessorCollege

TEACH Grant$4000 per year - Grant - Loan if do not fulfill teaching obligation

Teach at least 4 years in high need areas/low income (within 8 years of graduation)

Sign Service Agreement Each Year

Counseling

Maintain 3.25 GPA or score above the 75th percentile on national standardized college admissions test

Must document teaching service after graduation

Tips for Financial Success in College

Watch the extra payments - Cell, Car, Credit Cards

Use care when borrowing

Really think about want vs need

Stick to your budget

Work part time

Don’t stop looking for scholarships