What College Bound Students Need to Know About Their Scholarship.

Slides:



Advertisements
Similar presentations
Indiana Financial Aid Information & Changes Division of Student Financial Aid (SFA) Indiana Commission for Higher Education.
Advertisements

What is Financial Aid? Financial aid is money from a source other than the family to assist with the cost of attending college.
Howard Community College Financial Aid Services 1.
What You Need to Know About Accessing Your College Bound Scholarship.
What College Bound Students Need to Know About Their Scholarship.
What Happens Next? Financial Aid 101 Mila Tappan, FAME Outreach Representative October 10, 2008.
Financial Aid Financial aid provides money so you can continue your education.
WELCOME TO FINANCIAL AID & SCHOLARSHIP NIGHT. TONIGHT’S TOPICS  What is Financial Aid  Types of Financial Aid  How is Financial Aid Awarded  The Financial.
Federal School Code: What is Financial Aid?  Financial Aid is a number of federal, state, and private funding programs available to assist students.
Three Important Tips Be Aware of Deadlines File the Free Application for Federal Student Aid (FAFSA) Apply for Scholarships.
Applying for Financial Aid Is it Worth the Trouble? Yes! More than $3 billion was awarded to students attending college in Texas.
AFTER THE FAFSA: WHAT COLLEGE BOUND STUDENTS NEED TO KNOW.
Financial Aid 101. Goals Types of Aid FAFSA process College Bound Scholarship Financial Aid Terminology.
College Bound Scholarship Webinar (Presented October 11, 2011) Updated February 1, 2012 Please us so we may send you updates Name School/organization.
PAYING FOR HIGHER EDUCATION PRESENTER : ARTHUR APIYO ASSISTANT DIRECTOR of FINANCIAL AID BOWIE STATE UNIVERSITY.
 Federal Financial Aid is financial assistance provided to students who fill out the FAFSA application and meet the requirements. Financial aid can include:
What College Bound Students Need to Know About Their Scholarship Fall
FINANCIAL AID 101 MONEY FOR COLLEGE!. QUESTIONS TO BE ANSWERED: WHAT is Financial Aid? WHY should I apply for financial aid? WHERE do I apply for financial.
UNM-Valencia Financial Aid. What Is Financial Aid? Scholarships Grants Loans Student Employment opportunities.
Now that I’ve applied to college… how do I pay for it?  Grants and scholarships – money that you do not have to pay back  Work-Study – your college can.
1 What College Bound Students Need to Know After They File the FAFSA 2013.
Financial Aid Overview Christina Palacios Financial Aid Specialist Tarrant County College 300 Trinity Campus Circle, Fort Worth, TX (817)515-4AID.
8/30/20151 FINANCIAL AID 101 Your Logo Here Trina Smith-Patterson Director, Financial Aid Tarrant County College NW Trina.
Making College Possible:
Financial Aid 101 EVERYTHING YOU NEED TO KNOW ABOUT FINANCIAL AID.
Financing Students’ Dreams Beyond High School
Financial Aid 101 GAcollege411 nancial_Aid_101/Financial_Aid_101.aspx.
Financing Your Education Paul Calme Director of Financial Aid Xavier University www.xavier.edu/financial-aid.
Financial Aid Update Melissa Pizzo, Ed. D. Interim Executive Director, Student Financial Assistance Arizona State University.
How to Pay for College. What is Financial Aid? Financial Aid is a term used to describe any and all types of financial resources used to pay for a postsecondary.
FAFSA FREE APPLICATION FOR FEDERAL STUDENT AID. The FAFSA is the primary form of government aid.  In order to receive financial aid, or many scholarships.
Financing a College Education Financial Aid Night
WELCOME TO WAGNER FAFSA NIGHT FEB. 28, FREE!!! DO NOT PAY ANYTHING!! APPLY AS EARLY AS POSSIBLE. COME TO T129 FOR HELP. FINANCIAL AID.
WHAT YOU NEED TO KNOW ABOUT FINANCIAL AID
Funding Your College Education Ben Beus, Director of Financial Aid.
Education is Affordable at UNM. What Is Financial Aid? Scholarships Grants Loans Student Employment opportunities.
Finding Money for College September 18, 2012 Park Hill High School Counseling Department.
Free Application for Federal Student Aid.  The FAFSA is a FREE application for financial aid to help find ways to pay for college!  The FAFSA is NOT.
ON THE ROAD TO COLLEGE What College Bound Students Need to Know About Their Scholarship Fall
FINANCIAL AID 101. December 5, 2008Prepared by S. Meyer ConnectEDU FINANCIAL AID 101 Overview What is Financial Aid? Types of Financial Aid How Financial.
What You Need to Know About Financial Aid FAFSA – for US Citizens Dream Act Application – for non-US Citizens CSS Profile – for many Private Institutions.
College Bound Scholarship 2014 edition. What is the College Bound Scholarship? The Scholarship is an early commitment of state financial aid to eligible.
What You Need to Know About Accessing Your College Bound Scholarship.
Financial Aid 101 Basics of Financial Aid Free Application for Federal Student Aid (FAFSA) CSS/Financial Aid Profile Academic School Year
Senior Reminders…. JANUARY College Application Deadline Reminders… The Student Office will CLOSE during winter break. The Student Office will submit ALL.
Financing A College Education Presented by Rebecca Wonderly, Senior Counselor Student Financial Services Office Seattle University.
Financing a College Education High School Financial Aid Night Presentation Financing a College Education High School Financial Aid Night Presentation.
Financial Aid 101 EVERYTHING YOU NEED TO KNOW ABOUT FINANCIAL AID.
Financing Your Education Presented by: Danette Iyall, Assistant Director Financial Aid & Scholarship University of Washington - Bothell.
Financing Your College Education Information for college-bound students and their families Presented by Student Financial Services Office Seattle University.
Loyola Marymount University Financial Aid Office.
 Federal Financial Aid is financial assistance provided to students who fill out the FAFSA application and meet the requirements. Financial aid can include:
CBS Financial Aid Orientation Staff ShaToi Newell, Financial Aid Advisor Services Financial aid awarding Federal.
WHAT IS FEDERAL STUDENT AID?  Federal Student Aid, a part of the U.S. Department of Education, is the largest provider of student financial aid in the.
Financing Your College Education Information for college-bound students and their families Presented by Seattle University.
FINANCIAL AID BASICS What is financial aid? Financial aid is money provided by the federal or state government through grants, loans, and work experience.
Figuring Out Financial Aid and the FAFSA December 11, 2014
After this program, you will have learned about…
Financial Aid 101.
What College Bound Students Need to Know About Their Scholarship
Financing Your Education
What You Need to Know About Accessing Your College Bound Scholarship
FAFSA Free Application Financial Student Aid
College Bound Scholarship
Free Application for Federal Student Aid
Financial AID FOR COLLEGE
After this program, you will have learned about…
Financial Aid CITY COLLEGE IS.
Sources of Financial Aid
Financial Aid Basics CITY COLLEGE IS.
Presentation transcript:

What College Bound Students Need to Know About Their Scholarship

CONGRATULATIONS Your college journey is about to begin. You worked hard in school, had fun with your friends, and acquired a lifetime of memories from your middle and high school years. Now, it’s time to look ahead to the next part of your life’s journey – attending college. Whether you go to a 2- or 4- year college or live at home or on campus, you are about to embark on a new adventure. One key component to your success will be understanding how your College Bound Scholarship works. So, let’s begin!

COLLEGE BOUND CHECKLIST To receive the scholarship, you must:  File the FAFSA by February 1. May apply as early as January 1.  Graduate high school with a 2.0 or higher.  Be a good citizen with no felony convictions.  Enroll within one year of high school graduation in one of the 68 eligible institutions in Washington.  Be a U.S. citizen or eligible non-citizen. Good, now you are ready to move on down the road.

MILEPOST 1 FAFSA: What It Is and Why It’s Important 1

WHAT IS THE FAFSA? FAFSA is the Free Application for Federal Student Aid It is the primary application for student aid and is used for federal and state grants, work study, and other assistance. You should file the FAFSA even if you are unsure about attending college, how much financial aid you might need, or what other scholarships you may receive. 1

FAFSA FOR THE COLLEGE BOUND  You must file the FAFSA by February 1 st of your senior year in high school.  You may file the FAFSA before your parents do their taxes – you can update your FAFSA later.  Don’t wait until you are admitted to college.  File over the web – it is much faster than paper.  You must check with your college – there may be additional financial aid forms and deadlines. 1

FAFSA TIPS FAFSA Completion Tips  Read the directions.  Make sure your SSN & date of birth are accurate.  You and your parents must sign the form.  Keep copies of your family’s prior year’s taxes.  Include codes for all the colleges you apply to.  Remember to file the FAFSA every year.  Never pay someone to fill out the FAFSA. The FAFSA is always FREE. 1

MILEPOST 2 What Happens to Your FAFSA 2

YOUR FAFSA RECORD The Department of Education will send your FAFSA data to the colleges you list on your FAFSA and to the Higher Education Coordinating Board (HECB). HECB will match the FAFSA data to our College Bound records. We will notify you via if we were able to locate your FAFSA. 2 If you don’t hear from the HECB within 2 weeks of submitting your FAFSA, call us at notification will be to the listed on your FAFSA

MILEPOST 3 How Your Award is Prepared 3

YOUR COLLEGE BOUND AWARD Your name will be sent to colleges confirming that you are a College Bound student. The college will determine if your income meets the guidelines, calculate your financial aid award and send you an Award Letter. The College Bound part of your award will consist of two components: State Need Grant (SNG) and College Bound funds. 3

The largest financial aid program in WA. Provides the majority of funding for College Bound Scholarship. Your combined SNG and College Bound award will be based on tuition and a book stipend (at public institution rates). It is critical that you meet the February 1 st deadline. WHAT IS STATE NEED GRANT? 3

WHY YOU MAY NOT RECEIVE THE FULL AWARD College Bound may not be offered or may be reduced if:  You filed for financial aid after the Feb. 1 deadline.  Your family’s income does not meet the income standard for State Need Grant.  Your financial aid award is greater than your financial “need.” For example, students with lower living expenses attending a lower cost college may have smaller awards. 3

AWARD EXAMPLE 3 Tuition & fees

MILEPOST 4 Final Tips for the Road 4

FAFSA REMINDERS  Must file FAFSA by February 1; may file as early as January 1.  Check with your college’s financial aid office for additional forms and “priority deadlines.”  Must file a new FAFSA every year.  Never pay to fill out the FAFSA – it is FREE. 4

COLLEGE BOUND IMPORTANT POINTS The College Bound Scholarship is a four-year scholarship that must be used within five years – Equal to 12 quarters or eight semesters maximum. You must enroll in college within one year of high school graduation. Enrollment does not have to be continuous. You may enroll part-time but your scholarship will be reduced. You must maintain Satisfactory Academic Progress (SAP). 4

YOUR JOURNEY ONWARD Earning a college degree or certificate is one of the best steps you can take to ensure that your future will be rewarding, secure, and economically stable. You have demonstrated that you have what it takes to be successful – persistence, vision, and discipline. You are now ready to begin this part of your journey- YOU ARE COLLEGE BOUND! 4

WANT TO KNOW MORE? RESOURCES FAFSA and general financial aid information: Washington State financial aid programs: Also, check your college’s financial aid website. 4