1. 40 Years of Training Champions for Christ The What and How of Financial Aid

2. Financial Aid Equation 40 Years of Training Champions for Christ Scholarships Institutional & Outside Aid Grants Federal & State Loans Student & Parent Employment Federal Work Study Financial Aid

3. Institutional Scholarships  Financial aid that does not have to be repaid  Offered by the college or university  Usually awarded due to academics, extracurricular participation, or personal accomplishments Scholarships 40 Years of Training Champions for Christ

4. Outside Scholarships  Financial aid that does not have to be repaid  Offered by an organization, company, or other affiliation; money given to a student from a person not related to the student  Usually obtained through an application process Scholarships 40 Years of Training Champions for Christ

5. Federal and State  Federal Pell  Federal Supplemental Education Opportunity Grant (FSEOG)  Federal TEACH Grant  Virginia Tuition Assistance Grant (VTAG)  Virginia College Scholarship Assistance Program (CSAP)  Virginia Two Year College Transfer Grant (CTG)  Virginia Brown v. Board of Education Scholarship Grants 40 Years of Training Champions for Christ

6. Federal  Stafford Loan (Student)  Subsidized – Need-based as determined by the FAFSA, other aid sources and educational costs ; the U.S. Department of Education pays the interest on the loan while the student is enrolled at least half-time  Unsubsidized – Not need-based; the student pays the interest while in school or it can be capitalized Loans 40 Years of Training Champions for Christ

7. Federal  Direct PLUS (Parent)  For credit-worthy parents of dependent undergraduate students  Students whose parents are denied the Parent PLUS Loan due to adverse credit may be eligible to receive an additional $4,000 or $5,000 in unsubsidized loans Loans 40 Years of Training Champions for Christ

8. Private Loans  Not part of the federal loan programs  Should be used as a last resort Loans 40 Years of Training Champions for Christ

9. Federal Work Study (FWS)  Federal Work Study is an opportunity to work and earn income for your college education while in school.  Federal Work Study is a federally funded program that awards based on need as determined by the FAFSA (Free Application for Federal Student Aid).  This program provides part-time on and off-campus jobs for qualifying undergraduate resident students.  Multiple studies have shown that students who work no more than 20 hours a week are more engaged in the activities of their campus, often have higher grade point averages and manage their time more effectively. Employment 40 Years of Training Champions for Christ

10. F ree A pplication F or F ederal S tudent A id 40 Years of Training Champions for Christ FAFSA  In order to determine eligibility for federal and some state and institutional aid, most colleges and universities require students to complete the FAFSA each academic year.  Students and parents must apply for a PIN number in order to electronically sign the online form: www.pin.ed.govwww.pin.ed.gov  Once PINs have been received, the FAFSA may be completed online: www.fafsa.ed.gov www.fafsa.ed.gov

11. Essay Academic Creative/Talent Based Need Based Eligibility/Merit Based Types of Outside Scholarships 40 Years of Training Champions for Christ

12. Search Options Compile a list of personal identifiers and combine them with key words. Personal Identifiers Shoe Size, Hobbies, Activities, Heritage, Special Needs, Awards, Certifications, Denomination, Talent, Major Key Words Fund, Foundation, Company, Association, Guild, Institute, Organization, Society, Endowment, Corporation, Trust, Charity, Fellowship, Scholarship, Award, Benefaction, Loan Forgiveness

13. 13 Continuing Your Search BRANDS : Frito Lay, Hershey’s, Tylenol, Coca Cola, Kraft CORPORATE STORES : Wal-Mart, Target COMMUNITY ORGANIZATIONS : Rotary, American Legion, 4H, Churches FAMOUS INDIVIDUALS : Bill Gates, Harry Truman, Jackie Robinson MEMBERSHIPS : National Honor Society, DECA, Magazine Subscriptions, Unions, Banks PARENT’S EMPLOYMENT RESTAURANT CHAINS : Burger King, KFC, McDonald’s SPECIAL CIRCUMSTANCES : Cancer Survivor, Disability, Illness, Child of Military Personnel GOVERNMENT: Local, County, State, Federal

14.  Keep a record of scholarships applied for:  Emphasize two key dates: 1) A PPLICATION A VAILABILITY 2) D UE D ATE 2) D UE D ATE Stay Organized! ScholarshipTypeDeadlineSubmittedResponseAmount Coca-Cola Scholarship EssayMarch 25, 2011 March 01, 2010Finalist$5,000

15. Once you find a scholarship, check ALL qualifications and guidelines.  Be aware that some scholarships come with conditions. You may have to pay the scholarship back if all of the conditions are not met.  Watch for the word “AND.”  Prepare a résumé.  Gather at least three references (ex. educational, personal, professional).  Presentation is everything! Go the extra mile. Professionalism is key. Attention to Details

16. F A S T P A C E Getting your search off to a… ile income taxes early pply for aid ASAP ubmit a FAFSA by the deadline reat it like a part time job rioritize your efforts void scams ontact your school to explore the Financial Aid possibilities offered veryone is eligible for something!

17. Financial Aid Equation 40 Years of Training Champions for Christ Scholarships Institutional & Outside Aid Grants Federal & State Loans Student & Parent Employment Federal Work Study Financial Aid