1. How will you pay for college?
Career Prep
Coach Butler

2. Key Terms Fellowship Scholarship Loan Grant Work Study Waiver Need
Self Help
Family Contribution 
FAFSA
Conversion scholarship/loan

3. What is the difference between scholarships and fellowships?
 financial aid that usually is awarded for merit or academic achievement. 
a scholarship or grant awarded to a graduate student in a college or university.

4. What is the difference between a Grant and a Loan?
a gift aid that does not have to be paid back.
money which must be repaid.  Loan programs have varying repayment provisions.

5. Work Study
 this program provides jobs that enable students to earn a portion of school costs through employment at the institution.

6. Self Help 
financial resources provided by the student.

7. Family Contribution 
 the combined contribution reasonably expected during the enrollment period from the student (and his or her spouse if applicable), as well as from the student’s parents if the student is a dependent.

8.  FAFSA
a free form distributed by the U.S. Department of Education to collect information used to determine a student’s need for federal financial aid. 
pdf

9. Conversion scholarship/loan
A scholarship that requires you to provide certain services, such as teaching or nursing, for a certain length of time. If the services are not provided, the scholarship becomes a loan which must be paid back with interest.

10. Waiver
An agreement that allows attendance at a school without having to pay tuition or other costs if certain eligibility requirements are met

11. STATE OF ALABAMA FINANCIAL AID PROGRAMS
ms.htm

12. Scholarships

13. Education savings programs
savings-program.html

14. EOC Questions
What is the difference between a grant and a scholarship?
What federal document must you fill out before attending college?
What are some examples of conversion scholarships/loans?
What are some ways to receive scholarships besides grades?
List 3 state financial aid programs, and tell what they do.