2. Planning & Paying for College Presented by Lisa Wilson Outreach Services Coordinator

3. PREPARING FOR COLLEGE Junior Year Take high school core classes Register & take the ACT, SAT or other admission exams Make sure A+ requirements are met Explore career options Research college options

4. PREPARING FOR COLLEGE Senior Year Register, take or retake the ACT, SAT or other admission exams Narrow down your college choices Watch for deadlines Missouri State Aid deadline is April 1, 2014 Make campus visits

5. PAYING FOR COLLEGE

6. Scholarships Financial assistance that is usually based on merit or ability and typically does not have to be repaid. Grants Need-based financial assistance that does not have to be repaid. Employment Jobs available to students as a way to earn money towards their educational expenses. Loans Federal & private loans available to students and parents to help pay for educational expenses. Types of Financial Aid

7. Sources of Financial Aid Federal Aid – Distributed nationally State Aid – Available to Missouri residents attending a Missouri institution Institutional Aid – Provided by your institution to its students Private Aid – Funded by corporations, community organizations, and individuals

8. Federal Student Aid Grants Federal Pell Grant Federal Supplemental Educational Opportunity Grant (FSEOG) Iraq & Afghanistan Service Grant Teacher Education Assistance for College and Higher Education (TEACH) Grant Employment Federal Work-Study Loans Federal Perkins Loans Federal Direct Subsidized & Unsubsidized Loans Federal Direct PLUS Loans Federal Direct Consolidation Loans

9. Missouri State Aid A+ Scholarship Program Access Missouri Financial Assistance Program Advanced Placement Incentive Grant “Bright Flight” Scholarship Kids’ Chance Scholarship Marguerite Ross Barnett Memorial Scholarship Minority and Underrepresented Environmental Literacy Program Minority Teaching Scholarship Public Safety Officer or Employee’s Child Survivor Grant Vietnam Veteran Survivor Grant Wartime Veteran’s Survivor Grant

10. Scholarship Resources MDHE’s Monthly Student Reminder – Sign up at http://www.dhe.mo.gov/ppc/reminders2.phphttp://www.dhe.mo.gov/ppc/reminders2.php Resources for Missouri Residents – Dept. of Economic Development www.ded.mo.govwww.ded.mo.gov – Dept. of Elementary & Secondary Education www.dese.mo.govwww.dese.mo.gov – Dept. of Health & Senior Services www.dhss.mo.govwww.dhss.mo.gov – Dept. of Social Services www.dss.mo.govwww.dss.mo.gov – Midwest Student Exchange Program www.mhec.orgwww.mhec.org – MOST-Missouri’s 529 College Savings Plan www.missourimost.orgwww.missourimost.org Scholarships for Military Families – U.S. Dept. of Veterans Affairs www.va.govwww.va.gov – www.military.com www.military.com

11. Institutional & Private Scholarships Institutional Awarded by an institution Institution determines eligibility requirements Check the school’s Website for more information Private Awarded by individuals or entities – Businesses – Churches – Civic Groups – Community organizations – Clubs Organization determines eligibility criteria and application procedures

12. Completing the Free Application for Federal Student Aid (FAFSA)

13. Free Application For Federal Student Aid (FAFSA) www.fafsa4caster.ed.govwww.fafsa.gov

15. Step 1 2014-15 Academic Year Federal Deadline – June 30, 2015 Missouri State Deadline – April 1, 2014 Institutional Deadline – Check with your institution’s financial aid office or website Check Deadlines

16. Step 2 2014-15 Academic Year Your Social Security number Your driver’s license Your alien registration or permanent resident card (if you are not a U.S. citizen) Your 2013 W-2 forms and other records of money earned Your 2013 Federal Income Tax Return (include spouse’s information, if you are married) Your parents’ 2013 Federal Income Tax Return (if you are a dependent student) Your 2013 untaxed income records Your current bank statements Your current business and investment records Gather Information

17. Using Estimated Taxes

18. IRS Data Retrieval Available for those who have filed their tax return Transfer tax information to FAFSA If not used, you are required to order a tax transcript from www.irs.gov www.irs.gov 2013

19. Step 3 Obtain a PDF FAFSA

20. Step 4 Complete the FAFSA www.fafsa.gov

21. Federal Student Aid PIN A four-digit electronic identifier Who needs a PIN? – Current & future college students – Parents (for dependent students) www.pin.ed.gov

22. Signing & Submitting the FAFSA

23. FAFSA Confirmation Page

24. Step 5 Student Aid Report (SAR) A report provided to students after completing the FAFSA. The SAR contains your EFC and results of federal financial aid database matches.

25. Step 6 Additional information may be required Financial records Educational benefits Adoption, foster care or ward of the court documentation Emancipated minor or legal guardianship documentation Homeless or at risk of being homeless documentation Dislocated worker documentation Supply Information

26. Step 7 Evaluate Your Aid

27. Questions P.O. Box 1469 Jefferson City, MO 65102-1469 Info. Center: 800-473-6757 Phone: 573-751-3940 Fax: 573-751-6635 www.dhe.mo.gov info@dhe.mo.gov facebook.com/journeytocollege twitter.com/Journey2College