 Financing Your Education. Intro to Financial Aid  Tuition– The cost of enrolling in courses.  Total Cost-Total Aid= What you owe  Types of Financial.

Slides:

Advertisements

Similar presentations

Financial Aid: An Informational Tool for Middle School Students and Families.

Advertisements

FINANCIAL AID BASICS. TYPES OF FINANCIAL AID SCHOLARSHIPS – INSTITUTIONAL – LOCAL – NATIONAL GRANTS – FEDERAL (Pell) TEACH – STATE WORK STUDY LOANS –

Understanding the Financial Aid Process Northside College Preparatory High School December 6, 2010 Mary Stonis & Brian Drabik Office of Undergraduate Financial.

Paying For College 101 Can I afford it? How much will it cost? What is financial aid? FAFSA, when do I apply? Where can I get it? Who can help me?

Financing for College. Chapter 4, Lesson 2 Lesson Overview Costs of college Sources of college funds Planning to finance a college education Photo courtesy.

Paul Calme Director of Scholarships Xavier University FINANCIAL AID INFORMATION SESSION

FAFSA Free Application for Federal Student Aid The main form students use to apply for Federal education grants and loans.

Academy of Arts and Academics 1 Victoria Moran Financial Aid Counselor University of Oregon.

Presented by F. Shawn O’Neill Director of Financial Aid Stevens Institute of Technology.

WELCOME TO FINANCIAL AID & SCHOLARSHIP NIGHT. TONIGHT’S TOPICS  What is Financial Aid  Types of Financial Aid  How is Financial Aid Awarded  The Financial.

Paul Calme Xavier University

Paying For College 202. Presented by… Student Financial Services.

Paying for college Financial aid overview

GeneralInfoFAFSALoansWork-Study and more Grants

Finding Money for College January 15, 2014 Norwich Technical High School.

1 WHAT YOU NEED TO KNOW ABOUT FINANCIAL AID. The Concept of Financial Aid 2  Financial aid is designed to allow families to choose between colleges based.

Preparing for the Cost of College Average Tuition & Fees Cost (2013/14) –$3,215 / year for in-state public college (2-year) –$11,600 / year for in-state.

 Log into Moodle and complete today’s Bell Ringer  You will need headphones, so there are some in the back if you don't have your own REMINDER: Remember.

PAYING FOR HIGHER EDUCATION PRESENTER : ARTHUR APIYO ASSISTANT DIRECTOR of FINANCIAL AID BOWIE STATE UNIVERSITY.

FINANCIAL AID APPLICATION OVERVIEW Free Application for Federal Student Aid FAFSA Free Application for Federal Student Aid FAFSA.

Financial Assistance 101 Washington University in St. Louis Student Financial Services Michael Runiewicz, Director One Brookings Drive, Campus Box 1041.

Guiding the Way to Higher Education Families, Counselors and Communities Together.

Melissa Winship School Counselor South Education Center Alternative Financial Aid 101.

UNM-Valencia Financial Aid. What Is Financial Aid? Scholarships Grants Loans Student Employment opportunities.

Stanford Financial Aid Office

Welcome to Financial Aid Night. Tonight’s Topics  What is Financial Aid  Types of Financial Aid  How is Financial Aid Awarded  The Financial Aid Process.

Personal Finance ATM- Automated Teller Machine Credit Cards- revolving line of credit, department store cards, major credit cards (Macy’s, Visa, Mastercard,

Understanding Your Financial Aid Awards Paying for College.

FINANCIAL AID INFORMATION Can everyone afford to go to college? YES! With the help of scholarships, grants, and loans, anyone can afford to go to college!

FREE APPLICATION FOR FEDERAL STUDENT AID FAFSA. WHAT IS THE FAFSA? Free Application for Federal Student Aid Administered by the office of Federal Student.

 How to Responsibly Finance Your College Education  Video Video.

Financial Aid 101 EVERYTHING YOU NEED TO KNOW ABOUT FINANCIAL AID.

Financing Your Education Paul Calme Director of Financial Aid Xavier University www.xavier.edu/financial-aid.

Illinois State University Financial Aid Office Campus Box 2320 Normal, IL (309) FAX (309) Eureka College Financial Aid Office.

Scholarships & Financial Aid Whitney Hall Office of Financial Aid,UAB INFORMATION IN THIS PRESENTATION IS TIME-SENSITIVE Please note that the websites,

MARCHING MARCHING TO THE TO THE FINANCIAL AID BEAT.

Financial Aid and Scholarships Presented By Clackamas Community College Financial Aid Department.

Key to the Future Chapter 4, Lesson 1 Warm-Up Questions CPS Questions 1 – 2 Note for teacher: Use “Pick a Student” button in CPS.

Paying for Post-Secondary Education Unit 8 - Succeeding.

Finding Money for College Edna Karr High School February 26, 2013.

Class of 2015: Senior Lunch & Learn Funding Sources for College.

Financial Aid. Where to Apply FAFSA fafsa.ed.gov Apply January 1 st to March 2 nd Makes you eligible for federal and state grants, scholarships, and loans.

Conquering Financial Aid If a man empties his purse into his head, no one can take it from him. An investment in knowledge always pays the highest return.

Debunking the Myths of Financial Aid Information for students and parents.

Financial Aid / Student Loans. Student Loans  a loan obtained to pay for education bills in which the payments are delayed until after graduation.

Education is Affordable at UNM. What Is Financial Aid? Scholarships Grants Loans Student Employment opportunities.

Financing Higher Education IBM Objectives Students will: Define Higher Education Define Higher Education Discuss Higher Education as an Investment.

Guiding the Way to Higher Education Families, Counselors, and Communities Together.

CIcu Meeting ( October 22, 1998 “Financial Aid 101” Dr. Keith Jepsen NYU Director, Financial Aid ( Adjunct.

COLLEGE KNOWLEDGE FOR JUNIORS: DAY 1 What are the major costs of attending college? Take a few minutes to write down your thoughts...

Student Award Package BREAKDOWN 101. What Is An Award Package? It is a package of financial awards that are granted and offered to a student, in order.

 Scholarship- A financial award which need not be repaid.  Academic Scholarships- Financial awards given to students for high academic achievement.

MONEY FOR COLLEGE. I CAN DEFINE AND DISCUSS AT LEAST 3 WAYS TO PAY FOR COLLEGE.

+ Financial Aid at Stevens Henager College. + Federal Pell Grant Does not have to be repaid Available to undergraduates $5,550 per school year.

WHAT IS FINANCIAL AID? Assistance to help families pay for college Intended to assist not replace family contribution.

Financing Your Education A partnership between Government, School and Family. HOW IT WORKS GOVERNMENT SCHOOL FAMILY HOW TO GET IT FAFSA.

Personal Finance. Parents pay 48 percent of college costs. 32 percent comes from income and savings. 16 percent comes from loans. An average student covers.

How to Pay for College? Dr. Alfredo Perez-Davila

FINANCIAL AID 101. December 5, 2008Prepared by S. Meyer ConnectEDU FINANCIAL AID 101 Overview What is Financial Aid? Types of Financial Aid How Financial.

FINANCIAL AID Ms.Escoto. ancial_aid_in_the_bag.

Loans Scholarships Grants Student Employment Jump to: START.

Comparing Financial Aid Packages. “According to student loan servicer Sallie Mae, 65% of families used grants and scholarships to pay for college in 2013,

Financial Aid 101 EVERYTHING YOU NEED TO KNOW ABOUT FINANCIAL AID.

Senior Presentation. Financial Aid (What is it?)  Financial aid is money given or loaned to help pay for college.  It can come from federal & state.

Financial Aid for College (You might be surprised who is eligible.) Objective: You will analyze facts about financial aid in college in order for you to.

FAFSA Workshops-Finding Money For College Frontier International Academy By Iman Harp School Counselor.

WHAT IS FEDERAL STUDENT AID?  Federal Student Aid, a part of the U.S. Department of Education, is the largest provider of student financial aid in the.

Personal Finance Section Paying for Education. Personal Finance Section Learning how to finance your tuition is an education in itself? By the time you.

Advanced Career Readiness

No Warm-up Get out your study guide for unit 7. We’ll review for tomorrow’s test today.

Presentation transcript:

 Financing Your Education

Intro to Financial Aid  Tuition– The cost of enrolling in courses.  Total Cost-Total Aid= What you owe  Types of Financial Aid  Scholarships and grants  Work-study programs  Loans

Grants and Scholarships  Scholarships are often based on academic or athletic performance.  Federal Pell Grants and Federal Supplemental Educational Opportunity Grants are “ Free Money ” given to students with “exceptional financial need.”  You do not have to repay grants.  Other organizations and clubs give grants and scholarships to students….  Of a certain gender, ethnicity, or member of a certain club  Who’s parents work for a certain company.

Work-Study Program  Many colleges offer work-study programs that provide on- campus jobs for students receiving financial aid.  Most work-study programs are federally funded.

Loans  Both students and parents can apply for college loans.  Most college loans have a low interest rate and a generous repayment schedule.  Subsidized loans- The government pays the interest during the school year, and you don’t begin paying back the loan until you leave school. ( You will start to repay this 6 mo. after graduation)  Unsubsidized loans- student loan which you have to begin repaying while you are still in school.

Loans Cont.  Direct Stafford Loan- Federally funded student loan that may or may not be subsidized, depending on the student’s financial aid.  PLUS loan- an unsubsidized loan that parents can take out for their children’s education.  Federal Perkins Loan- a low-interest loan for students with exceptional financial need.

How much you receive depends on….  Income- Yours and your parents  The number of college students in your family.  Family assets and expenses  The available pool of aid at the school you plan to attend.  The number of students applying for aid in a given year and their financial need compared with yours.

How to Apply for Aid  To qualify for any type of government financial aid, you must complete the Free Application for Federal Student Aid FAFSA. (School, library, or U.S. Department of Education Web site.)  To receive non federal aid… many schools require you to fill out the PROFILE form on the College Board’s financial aid program, the College Scholarship Service.  You will need proof of income, mortgage statements, proof of unusual financial hardships…etc.

UF cost of attendance