1. Funding a College Education
Financial Aid 101
Funding a College Education

2. Senior Year Checklist Fall Semester Spring Semester
Take and retake the ACT/SAT
Apply to several colleges (admissions, institutional aid, etc) and utilize their net price calculators
Complete local/private scholarship applications
Spring Semester
Complete FAFSA available January 1, 2016
Continue completing local/private scholarship applications
Review college acceptances, compare financial aid packages, ask questions, and follow up as needed

3. Cost of Attendance Direct Costs Indirect Costs Tuition Fees
Room & Board
Indirect Costs
Books
Travel
Personal

4. TN Private; Out of State TN Private; Out of State
Cost of Attendance
2-yr Public
4-yr Public
TN Private; Out of State
Tuition/Fees
$3,703
$11,246
$43,838
Room/Board
$4,180
$10,296
$14,382
Books/Supplies
$1,200
$1,582
$1,370
Transportation
$3,024
$1,664
VARIES
Miscellaneous
$400
$4,002
$2,730
COA
$12,507
$28,790
$62,320
2-yr Public
4-yr Public
TN Private; Out of State
Tuition/Fees
$3,703
$11,246
$43,838
Room/Board
$10,296
$14,382

5. Financial Aid Sources
Package
Institutional
Private
Federal
State

6. FAFSA 2016-17 FAFSA on the Web Available January 1, 2016
(VERY IMPORTANT!)
Priority deadline is as soon as possible after January 1, 2016!

7. TN Promise Checklist
Apply to the Tennessee Promise program at by November 2, 2015
Complete FAFSA at by February 15, 2016
Attend first mandatory meeting coordinated by a partnering organization by March 1, 2016
Attend second mandatory meeting coordinated by a partnering organization by May 31, 2016
Complete 8 hours of community service between January 1, 2016 – August 1, 2016

8. TN Promise Examples A B C Tuition $4,000 -$5,730 -$3,000 $0 $1,000
Pell/TELS/TSAA
-$5,730
-$3,000 $0
Gap
$1,000
TN Promise $0
Tuition
$1,000 $0
$4,000 $0

9. State Aid (2-yr) HOPE Scholarship GAMS Aspire Award
$1,500 per semester
21 ACT or 980 SAT or 3.0 GPA*
GAMS
$500 per semester
29 ACT or 1280 SAT & 3.75 GPA*
Aspire Award
$250 per semester
Parents AGI <=$36,000
*All courses calculated on a 4.0 scale per the Uniform Grading Policy

10. State Aid (4-yr) HOPE Scholarship GAMS Aspire Award
$1,750/sem then $2,250/sem
21 ACT or 980 SAT or 3.0 GPA*
GAMS
$500 per semester
29 ACT or 1280 SAT & 3.75 GPA*
Aspire Award
$750 per semester
Parents AGI <=$36,000
*All courses calculated on a 4.0 scale per the Uniform Grading Policy

11. State Aid HOPE Access Wilder- Naifeh TSAA
$875 or $1,250 per semester
18 ACT & 2.75 GPA* & Parent AGI <=$36,000
Wilder- Naifeh
$2,000
Certificate/ Diploma TCAT
TSAA
$1,000 – $4,000
0 EFC FAFSA January
*All courses calculated on a 4.0 scale per the Uniform Grading Policy

12. High school juniors/seniors
Online Applications
Ned McWherter
Up to $6,000 February 15
29 ACT & 3.5 GPA*
Dependent Children
Award amount varies
See brochure
Dual Enrollment Grant
High school juniors/seniors
Contact institution
*All courses calculated on a 4.0 scale per the Uniform Grading Policy

13. Social Media
Like us on Facebook at: Tennessee Student Assistance Corporation Follow us on Check out our website at:

14. Annie Trout 615.604.0119 annie.trout@tn.gov
Contact Info
Annie Trout