1. FINANCIAL AID PRESENTATION WVDE FALL REGIONAL WORKSHOPS David R. Tyson, ChairBrian Noland, Chancellor

2. 22 Scholarships Grants Loans Employment What is Student Financial Assistance? West Virginia Higher Education Policy Commission

3. 33 Institutional Private State Federal Primary Sources of Student Financial Assistance West Virginia Higher Education Policy Commission

4. 44 Merit-Based Aid Need-Based Aid –Types of Need-Based Aid –Gift Aid –Self-Help Aid Two Primary Categories of Aid West Virginia Higher Education Policy Commission

5. 55 Family and financial information required to perform need analysis is collected on the FAFSA Paper version will be available to students by calling 800-4-FED- AID PDF version of the FAFSA can be downloaded at www.FederalStudentAid.ed.gov www.FederalStudentAid.ed.gov Electronic version of the FAFSA FAFSA on the web, www.fafsa.ed.govwww.fafsa.ed.gov Student and parent should apply for a Personal Identification Number (PIN) at www.pin.ed.gov for use as an electronic signature for FAFSA on the webwww.pin.ed.gov Free Application for Federal Student Aid (FAFSA) West Virginia Higher Education Policy Commission

6. 66 PROMISE Scholarship WV Higher Education Grant Program Engineering, Science and Technology Scholarship Underwood-Smith Teacher Scholarship Robert C. Byrd Honors Scholarship Higher Education Adult Part-Time Student (HEAPS) Grant State Financial Assistance West Virginia Higher Education Policy Commission

7. 77 Merit-based scholarship Pays tuition and mandatory fees at public institutions and an equivalent amount at private schools FAFSA required for all first-year applicants, March 1 federal processor receipt deadline State-Level Application required by March 1 for all first-year applicants – www.wvapply.comwww.wvapply.com PROMISE Scholarship West Virginia Higher Education Policy Commission

8. 88 2009 High School Graduates Academic Eligibility Standards 3.0 overall and core high school grade point average 22 ACT composite with a minimum score of 20 in each of the four test subsets 1020 SAT combined score with a minimum score of 490 in critical reading and 480 in math West Virginia Higher Education Policy Commission

9. 99 PROMISE Core Courses West Virginia Higher Education Policy Commission

10. 10 PROMISE Core Courses West Virginia Higher Education Policy Commission

11. 11 Need-based grant FAFSA required for all applicants, March 1 priority application date State-Level Application required by March 1 for all first-year applicants – www.wvapply.comwww.wvapply.com WV Higher Education Grant West Virginia Higher Education Policy Commission

12. 12 Higher Education Grant Award Levels 2008-09 Academic Year 2008-09 Expected Family Contribution Maximum Higher Education Grant Award $0 – $4,041$3,000 $4,042 - $4,500$2,800 $4,501 - $5,000$2,300 $5,001 - $5,500$1,800 All Other Eligible Students$1,300 West Virginia Higher Education Policy Commission

13. 13 Merit-based scholarship/forgivable loan March 1 application deadline 3.0 overall GPA Enrolled or accepted for enrollment full-time in an engineering, science or technology program (4-yr, 2-yr or certificate) Maximum annual award amount is $3,000 Engineering, Science and Technology Scholarship West Virginia Higher Education Policy Commission

14. 14 Merit-based scholarship/forgivable loan March 1 application deadline Must be enrolled as a full-time student in a course leading to certification as a teacher at the pre-K, elementary, middle or secondary level Must have a 3.25 GPA after completing 2 years of course work (due to limited funding, high school applicants are not eligible) Maximum annual award amount is $5,000 Underwood-Smith Teacher Scholarship West Virginia Higher Education Policy Commission

15. 15 Merit-based scholarship Must be nominated by high school counselor or principal, limited applications accepted per high school 2008-2009 average GPA for new recipients was 3.98 and the average ACT was a 33 composite Maximum annual award amount is $1,500 Robert C. Byrd Honors Scholarship West Virginia Higher Education Policy Commission

16. 16 Need-based grant Decentralized administration Part-time enrollment only FAFSA required, but application deadlines will vary among institutions Maximum award cannot exceed part-time tuition and fee charges Higher Education Adult Part-Time Student (HEAPS) Grant West Virginia Higher Education Policy Commission

17. 17 Higher Education Policy Commission Admission and Financial Aid Workshops Printed and electronic information Higher Education Policy Commission Financial Aid Data Exchange (FADE) Website School Counselor Resources West Virginia Higher Education Policy Commission

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19. 19 Expanded Outreach West Virginia Higher Education Policy Commission

20. 20 A web portal designed to assist students and families address: Affordability Link students with federal, state and local financial aid resources Availability Link students with matching assistance to help them more easily discern which campuses best meet their needs and interests College Foundation of West Virginia West Virginia Higher Education Policy Commission

21. 21 Preparation Provide a planning and tracking tool that will allow students to develop a college going timeline and monitoring progress Providing a test preparation module which will allow students to prepare for college entrance examinations Aspirations Reaching out through an access campaign to families so they better understand the post-secondary resources available to them College Foundation of West Virginia West Virginia Higher Education Policy Commission

22. 22 Application Processes Streamlining the admission and financial aid application procedures College Foundation of West Virginia West Virginia Higher Education Policy Commission

23. 23 Contact Information Jack Toney Director, State Financial Aid Programs WV Higher Education Policy Commission 1018 Kanawha Boulevard, East Charleston, West Virginia 25301 toney@hepc.wvnet.edu 304-558-4417 or 877-987-7664 West Virginia Higher Education Policy Commission

24. 24 ATTACHMENTS West Virginia Higher Education Policy Commission NASFAA FORMS Financial Aid Application Checklist (2 pages) Application Form Tracking Worksheet Financial Aid Consultants and Scholarship Search Services Fact Sheet (3 pages) Sample Scholarship Inquiry Letter

25. 25 ATTACHMENTS West Virginia Higher Education Policy Commission NASFAA Student Aid Program Summary (Dollar amounts in handout are from the 2008- 2009 school year. Updated information will be available in early December 2008.)