SHPE AHETEMS, Inc:

Financial Aid - 101

Name of PresenterName of SHPE Chapter

Noche de CienciasLocation of EventCity, ST #Date#

Financial Aid = Money for College

Loans

Financial AidPackage

Work-Study

Scholarships

Grants

How Much Will It Cost?

Average Cost per Academic Year

•$13,000 for Tech/Trade School

•$13,000 for a Community College

•$18,000 for University In-State

•$28,000 for University Out-of-State

•$36,000 for Private University

Source: CollegeBoard.com

Room & Board$ 9,000

Books & Supplies: $1,700

Medical: $1,800

Transportation: $1,000

Personal: $1,500

Tuition & FeesIn State: $6,600 -

$8,300Non-State: $24,700

Sources of Aid

Government

Federal& State

Institutional

(Varies bySchool)

Private

Agencies

Who Can Apply

Have a high school diploma or a General Education Development (GED) certificate Are working toward a degree or certificate in an eligible program  Are a U.S. citizen, U.S. Permanent Resident with an Alien Registration Card, or an eligible non-citizen (refugee, asylum granted)Have a valid Social Security Number  

Access to Financial Aid?

FAFSA – Free Application for Federal Student Aid (Federal government, state agencies, schools, and some scholarship agencies use this to find out how much and what kind of aid you are eligible to receive.)Government’s way to get a snap shot of your finances

You and Your parent’s incomeSaving and InvestmentBenefitsState Tax Rates

FAFSA Online!We recommend that you apply online at www.fafsa.ed.govGet your PIN NumberThe online FAFSA is processed in a few days; the paper FAFSA takes several weeks to processCheck with each College/University about their Priority Dates to get the best aid

NOTE: You must submit a new FAFSA application each academic year (each student who is applying for federal aid)!

Student Aid Report (SAR)

SAR: Student’s FAFSA Results

-Sent to the student by e-mail or regular mail.

-Retain documents/emails for your recordsEFC: Expected Family Contribution

-This score will be reported to your College/University

Required Documentation

Check with each school’s Financial Aid Office about :

•The documentation they require from you (ask if they require another application form or the CSS Profile)

•Deadlines

•Each school is different!

Formula for Financial Need

COA: Total cost of attendance to attend an institution for an academic year (varies by school)EFC: Expected Family Contribution score from the FAFSA.

COA – EFC = Need**This amount will vary at each

schoolSome universities offer more aid than others.

Types of Financial Aid

Gift (Free) AidGrantsScholarships

Self-Help Aid Work-study Loans

The Scavenger Hunt Begins…

Get OrganizedResearch scholarships for which you match the criteria

It is NEVER too EARLY to start researching scholarshipsAvoid companies/organizations which require a fee and guarantee scholarships

Keep a calendar of scholarship deadlines

Postmark v. Received Keep a notebook of the scholarships you want to apply along with the contact information, requirements, application instructions

Get Prepared – PortfolioWisely choose who will write your recommendation lettersWrite an essay about yourself, your accomplishments, your strengths, your goals and how you will achieve themDevelop and update your resumeRequest official transcripts with ample time to make the deadlineGet a good photo of yourself that shows your maturity and professionalism

Get More OrganizedOrder ample transcripts

Save money for Transcript FeesCollege Admission FeesScholarship Application Fee

Postage and mailing

The Application ReviewElimination of incomplete or late applicationsElimination of applications that do not meet the eligibility criteriaJudging & Selection

Review Essay, Letter of Recommendation and ResumeLooking for examples of leadership, commitment, drive and motivation, and ability to remain focused on goals despite obstacles and changes in life

Scholarships

Can be based on financial need, affiliation, community service and/or academic achievement

Many Sources

- SHPE, HCF, UNCFSP

- Coca-Cola, Target

- Universities

Show Me The $$$$$$

SHPE Offers

Scholarships

Scholar-Internships

Internships

AHETEMS ScholarshipsAHETEMS Scholarship Program

AHETEMS General Scholarships AHETEMS Professional Scholarships

AHETEMS Intern-Scholarship ProgramSHPE/CDM Intern-ScholarshipNASA/MUST Intern-ScholarshipSHPE/Freeport McMoRan Intern-Scholarship

AHETEMS Named ScholarshipsAHETEMS/ExxonMobil ScholarshipsAHETEMS/U.S. Steel Corp. ScholarshipsAHETEMS/Verizon ScholarshipsAHETEMS/Kellogg ScholarshipsAHETEMS/Northrop Grumman Scholarships

Deadlines - PermanentFebruary 1 Internships

Internships • NASA-MSFC, Dept. of Energy, Dept. of

Transport.Scholar-Internships• NASA MUST, CDM, FMCG

April 1 AHETEMS Scholarships

July 1 Academic Excellence & Leadership Award

Recommended Web sitesScholarships/Programs for Hispanics

hispanicfund.org

hsf.net hispanicheritage.org

thesalliemaefund.org/smfnew/ hispa.org

scholarshipsforhispanics.org LatinoCollegeDollars.org

maldef.org (Esp. for non-US citizens)

www.egr.uh.edu/promes/?e=camps April 15 (engineering)

68.236.165.90/index/ April 6 (medicine)

engineering.cornell.edu/catalyst/ April 16 (engineering)

Thanks for Your Attention…

AHETEMS Advancing Hispanic Excellence in

Technology, Engineering, Math and Science

Rafaela Schwan, M.S. Gary A. Cruz, M.S., abd. Director of Programs Asst. Director of Programs

Luis Mendoza Berenice RodriguezK-12 & Curriculum Coordinator Higher Education

Coordinator

The University of Texas at Arlington416 Yates Street, room 609

College of Engineering, Box 19019Arlington, TX 76019

(817) 272-1116

www.ahetems.org