2015-2016 Northside High School Financial Aid Opportunities Night

Graduation Requirements 4 English credits 4 Math credits 3 Social Studies credits 3 Science credits ½ Oral Communication ½ Health 1 ½ Physical Education ½ Fine Arts credit 6 Elective credits Total of 23 credits SMART Core Math: 4th math above Algebra 2 Science: Physical Science Biology Chemistry or Physics

See counselor for application. Credit Recovery Basic School November 4 – December 10 January 7 – February 11 February 17 – March 31 April 4 – May 5 See counselor for application. The A School of Choice

You Can’t Afford Not To Go To College 2014 U.S Bureau of Labor Statistics Average Income/ Bachelor’s Degree $57,252 Average Income/ HS Diploma $34,736 Difference $22,516 Difference over 30 years $675,480

You Can’t Afford Not To Go To College 2014-15 College Board Average cost of tuition and fees for one year of college at a public, in-state institution was $9,139. Four years, the cost would be $36,556.

You Can’t Afford Not To Go To College Spend $37,000 over the next four years. Make $676,000 more over the next thirty years. Investment: $37,000 Return: $676,000

Financial Aid Financial aid is money to help pay for college or career school.  Financial aid is available from a variety of sources for college and career school. Financial aid comes in the form of scholarships, grants, work-studies, and low-interest loans.

Types of Financial Aid Scholarship- money for college that you will not be expected to repay. (Merit-based) Grant- money for college that you will not be expected to repay. (Need-based) Work-study- a work program through which you earn money to help you pay for school. Low-interest loan- borrowed money for college or career school; you must repay your loans, with interest.

Financial Aid Sources Aid can come from: U.S. Federal Government State Government College/Institution Non-profit/private

FAFSA Free Application for Federal Student Aid

FAFSA Free Application for Federal Student Aid

FAFSA Free Application for Federal Student Aid For the 2016–17 year, you can apply between Jan. 1, 2016 and June 30, 2017. However, there are a few first come, first served federal student aid programs, so be sure to apply as soon as you can. FAFSA4Caster https://studentaid.ed.gov/fafsa/estimate

Federal PELL Grant Teacher Education Assistance For College and Higher Education (TEACH) Grant Iraq and Afghanistan Service Grant Federal Supplemental Educational Opportunity Grant (FSEOG) William D. Ford Direct Stafford Loan Direct PLUS Loans Federal Work-Study

Student Loans While taking out a loan is not always desirable, taking out a loan on something that will increase in value can be to your advantage. Remember, the average income difference with a Bachelor’s Degree compared to a High School Diploma is $22,516. Be careful. Be smart. Be advised.

State Academic Challenge Scholarships Scholarship Deadline to Apply: June 01, 2016 Requirements: ACT score of 19 to qualify. FAFSA required. 4-Year Institution $1,000 Freshman $4,000 Sophomore $4,000 Junior $5,000 Senior ($14,000 Total) 2-Year Institution $1,000 Freshman $3,000 Sophomore ($4,000 Total)

State Governor’s Distinguished Scholarship Scholarship Deadline to Apply: February 01, 2016 Requirements: 32 on the ACT or 1410 on the SAT, and a 3.50 academic grade point average, or those who are named National Merit Finalists or National Achievement Scholar. It pays tuition, mandatory fees, room and board up to $10,000 per year.

State Higher Education Opportunities Grant (GO! Grant) Scholarship Deadline to apply: June 01, 2016 Requirements: Must meet income requirements, FAFSA Required. Up to $1000.

State The website for state financial aid information is http://scholarships.adhe.edu/

College/Institutional Institutions of higher education offer their own financial aid packages. These can be accessed by going to the institutions website and accessing their financial aid/scholarship pages. Here is an example: Go to http://uafs.edu/ “Future Students” “Financial Aid/Scholarships”

Non-Profit/Private There are a multitude of private and non-profit organizations who offer scholarships on a national, state, and local level. Many of these scholarships can be accessed through the Northside High School web page.

Non-Profit/Private Tasseltime is another great resource for searching for scholarships. Tasseltime can be accessed through the Northside High School web page.

Where To Look Foundations, religious or community organizations, local businesses, or civic groups. Organizations (including professional associations) related to your field of interest. Ethnicity-based organizations. Your employer or your parents’ employers.

Warning You should never pay to receive help with your financial aid and student loans.

Scenario Average cost of four years of college. $36,556 Average yearly Pell Grant , $3,541 $14,164 Arkansas Challenge Scholarship $14,000 Difference $ 8,392 $8,392 / 4 = $2,098 per year Part-time work, student loans, miscellaneous scholarships and grants, work study

Advice Meet with a financial aid advisor before deciding you cannot afford to go to college. You may be surprised.

Disclaimer Your student’s high school counselor is not a financial aid advisor. While we may provide general information, you should contact the college’s financial aid department for more information regarding costs and meeting those costs.

Resource www.fundmyfuture.info/

January, 2016 NHS Financial Aid Night Be Watching January, 2016 NHS Financial Aid Night