Different Ways to Pay for Higher Education 1

What have you heard about paying for higher education? 2

Definition of Financial Aid  Financial aid is the money given to you by others to help pay for your education.  Sixty percent (60%) of the post high school students in the U.S. use some kind of financial aid to pay for higher education. 3

Myth Busting Only students with the best grades qualify for financial aid 4

Myth Busting Only rich kids can afford four-year schools. 5

Myth Busting Only students from low-income families qualify for financial help. 6

Myth Busting Students who are not high achieving or top athletes should not spend time searching for scholarships. 7

Myth Busting All students who go to college leave owing a lot of money. 8

Financial Aid Priority Order Loans Other Financial Assistance Scholarships Grants Work Study 9

What is Financial Aid? Which should you consider first? Grants Scholarships Work Study Loans Other Financial Assistance 10

Grants Federal State Institutional 11

Work Study Institutional Financial Aid for Working while a Student 12

State of Florida Grants State of Florida Need Grants– Based on the financial needs of your family You must be a Florida resident at a qualifying State of Florida college or university 13

Scholarships Scholarships can be:  Local, regional, state or national  A private or public group  Given for many reasons Check out to find out what scholarships may match YOU!. 14

Loans 1.Money that is borrowed and must be repaid. 2.All loans are not equal. 3.Understand interest 4.The fine print matters. 5. Borrow responsibly! 15