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Financial Aid and FAFSA

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Presentation on theme: "Financial Aid and FAFSA"— Presentation transcript:

1 Financial Aid and FAFSA
Hollie Hunter

2 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

3 Scholarships : Where to find them
High school guidance counselors Institution(s) of higher education to which the student applies Scholarship websites

4 State Scholarships Palmetto Fellows LIFE HOPE

5 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)

6 FAFSA: How to apply File income tax returns Apply to FAFSA
Online at 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

7 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

8 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

9 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


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