Financial Aid and FAFSA Hollie Hunter

Overview/ Goals Scholarships FAFSA How to find them Types of Scholarships State Scholarships FAFSA General overview Application process Deadlines Different types of financial aid available through FAFSA

Scholarships : Where to find them High school guidance counselors Institution(s) of higher education to which the student applies Scholarship websites www.fastweb.com www.scholarships.com

State Scholarships Palmetto Fellows LIFE HOPE

FAFSA: General Information Free Application for Federal Student Aid Types of financial aid it provides: Grants Loans It is possible to file the FAFSA before completing tax returns using estimations The information you provide the FAFSA is used to determine the student’s Expected Family Contribution (EFC)

FAFSA: How to apply File income tax returns Apply to FAFSA Online at www.fafsa.ed.gov Or call and request a paper application Submit the finalized application You may want to apply for a PIN You will then receive a Student Aid Report (SAR) The institution the student applies to will send an award letter detailing the financial aid package offered

FAFSA: Deadlines Final federal and state deadlines for FAFSA are typically at the end of June Institutions of higher education usually have their own deadlines that differ from federal and state deadlines The student must reapply for the FAFSA every year they attend an institution of higher education

FAFSA: Types of Grants Available TEACH Grant Federal Pell Grant Federal Supplemental Educational Opportunity Grant (FSEOG) The Academic Competitiveness Grant (ACG) The National Science and Mathematics Access to Retain Talent Grant (National SMART Grant) Institutional Grants Iraq and Afghanistan Service Grant

FAFSA: Types of Loans and Campus Based Aid Available Stafford Loans Direct Subsidized Loans Direct Unsubsidized Loans Direct PLUS Loans for Parents Campus Based Aid FSEOG Federal Work-Study (FWS) Federal Perkins Loans