1. Scholarships | Grants | Loans Paying for College through FINACIAL AID

2. Tuesday, January 13, 2015 Financial Aid Workshop – Receive professional help with the FAFSA 4:30 PM – 6:30 PM - LHS Library Save the Date January 12, 2016 Financial Aid Workshop 4:30 PM – 6:30 PM (drop in any time) - LHS Library Receive professional help with the FAFSA or WASFA Bring your parents/guardians

3. What is Financial Aid? WATCH ME: VIDEO: http://www.ownyourownfuture.com/12th/pay/video-hub/cracking- financial-aid-code-words/related/financial-aid-basics/ http://www.ownyourownfuture.com/12th/pay/video-hub/cracking- financial-aid-code-words/related/financial-aid-basics/ Grants- Money you don’t pay back, determined by your family’s financial need The greater your family’s financial need, the more likely you are to receive grants. Loans- Money you pay the government back, with interest after you have left school Subsidized Loans are better: You don’t start accruing interest on your loan until after you have left school Unsubsidized Loans start accruing interest as soon as you accept them. Scholarships- Money you don’t pay back, determined by your family’s financial need and/or your academics College-specific scholarships (example: Husky Promise at UW) General scholarships (example: Lindbergh Memorial Scholarship): Non- college specific.

4. Sources of Grants and Scholarships Each source will be a tool to help you financially 1Government 2Colleges 3 Private Organizations

5. Federal & State GOVERNMENT Source of Need-Based Gift Aid 1

6. Government The federal government is the largest source of need-based gift aid, primarily in the form of the Pell Grant – Pell Grant – doesn't have to be repaid The amount depends on: financial need, costs to attend school, status as a full-time or part-time student, and plans to attend school for a full academic year or less State governments - fund grants and scholarships for residents attending college in their state To receive grants: File the FAFSA

7. 2 Colleges Grants & Scholarships to prospective students

8. Colleges Colleges offer grants and scholarships – Stricter requirements for keeping a scholarship than other sources of scholarships – Some scholarships are available based on specific majors – check with your university/college Grants - merit based or need based, or a combination of the two Merit – Based on your academics – GPA Need – Based on financial need

9. 3 Private Organizations Scholarships

10. Private Organizations Outside scholarships Visit the Career Center regularly or Career Center scholarship webpage: http://www.rentonschools.us/Page/1612http://www.rentonschools.us/Page/1612 – LHS Memorial Scholarship – Available in November – Parents' employer or labor union – Your employer – Church – Other Memorial scholarships

11. Work Study Part-time jobs offered on campus – Flexible time – Minimum wage – More likely to be hired than students not offered work study Examples: – Cafeteria worker – Librarian To receive Work Study: File the FAFSA

12. The FAFSA (FREE APPLICATION FOR FEDERAL STUDENT AID) SENIORS: Complete the FAFSA Starting January 1, 2016: https://fafsa.ed.gov/ https://fafsa.ed.gov/ WATCH ME: https://www.youtube.com/watch?v=c- 23SMf5DyQ https://www.youtube.com/watch?v=c- 23SMf5DyQ Español: https://www.youtube.com/watch?v=OEU 6CvGmrSk Financial Aid Workshop @ Lindbergh – January 12, 2016 SENIORS: Complete the FAFSA Starting January 1, 2016: https://fafsa.ed.gov/ https://fafsa.ed.gov/ WATCH ME: https://www.youtube.com/watch?v=c- 23SMf5DyQ https://www.youtube.com/watch?v=c- 23SMf5DyQ Español: https://www.youtube.com/watch?v=OEU 6CvGmrSk Financial Aid Workshop @ Lindbergh – January 12, 2016

13. The WASFA (WASHINGTON APPLICATION FOR STATE FINANCIAL AID) SENIORS: Complete the WASFA http://www.readysetgrad.org/wasfa Financial Aid Workshop @ Lindbergh: January 12, 2016 SENIORS: Complete the WASFA http://www.readysetgrad.org/wasfa Financial Aid Workshop @ Lindbergh: January 12, 2016 ELIGIBILITY: Low-income Non-citizen Students unable to file a FAFSA due to immigration status WA State Resident for at least 3 years

14. Scholarship Search Engines Career CursingLHS Career Center College Board LHS Memorial Scholarship WashboardYour University

15. Start with local scholarships – Career Center Pay attention to: – Qualifications – Deadlines – Requirements – Teacher Recommendations Don't wait until the last minute to ask! Be wary of scams! Visit the Career Center for more information RESEARCH!!! FYI

16. January, 12 2016 Financial Aid Workshop 4:30 PM – 6:30 PM (drop in any time) - LHS Library Receive professional help with the FAFSA or WASFA Bring your parents/guardians Save the Date

17. Tuesday, January 13, 2015 QUESTIONS? SEE MS. PENCHEVA @ THE CAREER CENTER Workshop – Receive professional help with the FAFSA 4:30 PM – 6:30 PM - LHS Library

18. GET THAT FREE MONEY! Financial Aid