Financing College Ms. April Geltch CJUSD Librarian September 14, 2017 update Image located at http://www.cga-ns.org/images/userfiles/Image/money%20banner.jpg

Road to the Money Image found at http://www.apply4admissions.com/CDetails/Cinfo/images/roadmap.jpg

Preparation Before Senior Year Determine post high school direction College savings & investment plan *contact a financial planner *examine print resources Student part time job Investigate & apply for scholarships Continue with steps during senior year

Steps during Senior Year October-November- Complete college applications October-December -Complete college admissions testing November-Obtain Federal Student Aid Pin # http://www.pin.ed.gov/PINWebApp/pinindex.jsp December-Collect all student & parent pay stubs January- *Apply for Free Application Student Financial Aid (FAFSA) http://www.fafsa.ed.gov/ *Attend California Cash for College Workshop https://www.cash4college.csac.ca.gov/

Steps During Senior Year Continued January- Apply for Cal Grant if attending a CA college or trade school after completing FAFSA form http://www.calgrants.org/ February- Check status of Cal Grants, Fill out Cal Grant GPA Verification Form March- March 2-last day to submit FAFSA application March-May- Quickly respond to all requests from universities and financial aid offices May- *Send acceptance letter to university * Take AP exams for college credit

AB 540 Undocumented Immigrant Students May apply for college by fulfilling the following requirements -attend a CA high school for a minimum of 3 years -graduate from a CA high school -sign an affidavit with the intent to apply for legal residency when eligible -will pay in-state tuition Ineligible for Cal Grants or FAFSA (will qualify for both after obtaining legal residency) Eligible for private scholarships

Common Forms of College Funding Financial Aid-money given by federal and state government based on need Grant- any form of financial assistance Scholarships-merit based financial award Loans- money given that must be repaid with interest

Image located at http://www.fafsa.ed.gov/

Image located at http://www.calgrants.org/

General Scholarship Websites College Connection Scholarships http://www.collegescholarships.com/ College Scholarships, Colleges, and Online Programs http://www.college-scholarships.com/ Scholarships for Students- http://www.scholarships4students.com/ Student Scholarship Search http://www.studentscholarshipsearch.com/

Financial Information for Hispanic and Other Students Hispanic College Fund http://www.hispanicfund.org/ Hispanic Scholarship Fund http://www.hsf.net/ Latino College Dollars http://www.latinocollegedollars.org/ Scholarships/Becas http://www.indiana.edu/~lacasa/Scholarships_For%20A LL%20Students%20Regardless%20of%20Status.pdf 200 Free Scholarships for Minorities http://www.blackexcel.org/06-200-free-scholarships- minorities.htm USC Center for Higher Education AB 540 Guide http://www.usc.edu/dept/chepa/pdf/AB%20540%20final .pdf

Types of Loans Government Private School & government backed Based on financial need Limited amounts Lower interest rates Examples -Perkins Loan -Stafford Loan Financial lender More flexibility in amount received Higher interest rates Examples -Chase Student Loans -Sallie Mae

Loan Web Addresses Chase Student Loans http://www.chasestudentloans.com/ Parent PLUS http://www.parentplusloan.com/ Perkins Loans http://www.perkinsloan.net/ Sallie Mae http://www.salliemae.com/ Stafford Loan http://www.staffordloan.com/

Additional Information Colton School Library http://yeljack.weebly.com/ Life After High School http://aghigh.yolasite.com/

Investigate all the options to remain financially secure as you invest in your student’s post high school education. Image located at http://www.simpsonscarborough.com/blog/financial%20aid%20comic.jpg