Get the low down so you have the cash to throw down Financial Aid Written by Randall Brown

TERMS YOU SHOULD KNOW IF YOU WANT THE DOUGH Financial Need Grants Federal Work Study FAFSA – Free Application for Federal Student Aid Merit Scholarships H.O.P.E. Helping Outstanding Pupils Educationally

Money is Available! AID BASED ON NEED If Video does not play, Click Here and choose the 3 rd video, “Financial Aid Is Available”, Click Here

Quick Assessment Click the arrow to skip assessment and proceed to next instructional section 1.Which of the following is increasing? A.Number of students attending College B.Need for higher degrees to get a job C.Amount of financial aid available D.All of the Above

Quick Assessment Click the arrow to skip assessment and proceed to next instructional section 2. Financial aid is available for anyone who needs it. A.True B.False

Quick Assessment Click the arrow to skip assessment and proceed to next instructional section 3. What form must you fill out by the deadline to be eligible for educational aid? A.FAPSA B.PAFSA C.FAFSA D.PAPSA

Quick Assessment Click the arrow to skip assessment and proceed to next instructional section 4. After filling out the required from (from Question3), what type of aid is NOT available to you? A.Grants B.Loans C.Scholarships D.Work Study

Quick Assessment Click the arrow to skip assessment and proceed to next instructional section 5. Financial Aid obtained from completing the FAFSA is awarded to a student based on A.Grades B.Financial Need C.Test Scores D.Class Rank

Quick Assessment Click the arrow to skip assessment and proceed to next instructional section 6. Which of the following forms of student aid is often awarded to students with the greatest need and does not have to be paid back? A.Scholarships B.Loans C.Work Study D.Grants

Quick Assessment Click the arrow to skip assessment and proceed to next instructional section 7. Which form of student aid provides you with a job that pays and also allows you a flexible schedule for time to study? A.Scholarships B.Loans C.Work Study D.Grants

Quick Assessment Click the arrow to skip assessment and proceed to next instructional section 8. The largest financial aid category which provides aid that must be paid back? A.Scholarships B.Loans C.Work Study D.Grants

Quick Assessment Click the arrow to skip assessment and proceed to next instructional section 9. Which of the following is NOT true about Federal Education loans? A.You don’t have to pay them back until you graduate B.You have to pay them back if you fall below ½ time enrollment status C.The interest is locked in at a low rate D.You get one based on your grades

Quick Assessment Click the arrow to skip assessment and proceed to next instructional section 10. Private education loans are often more affordable than federal loans obtained by filling out a FAFSA? A.True B.False End of Quick Assessment, Part 1 of 3 Click to continue to next section— ASSESSMENT WILL CONTINUE AFTER NEXT 3 SLIDES

GRANTS Money from the Government or other private organizations Based on your financial need FREE! FREE! You don’t have to pay it back!! AID BASED ON NEED

FEDERAL WORK STUDY Money from the Government Work at a job on campus Flexible hours so you can study AID BASED ON NEED

F.A.F.S.A. AID BASED ON NEED If Video does not play, Click Here and choose the 1 st video, “Introduction”, Click Here

Quick Assessment (cont’d) Click the arrow to skip assessment and proceed to next instructional section 11. Which of the following is a good reason NOT to go to college? A.New and exciting opportunities B.Better pay in your career C.College costs are increasing D.None of the above

Quick Assessment (cont’d) Click the arrow to skip assessment and proceed to next instructional section 12. Which of the following is true about paying for college? A.College costs are going up B.There’s very little money available to people who want to go to college C.The government does not offer any free financial aid D.Poor people have no chance of paying for college

Quick Assessment (cont’d) Click the arrow to skip assessment and proceed to next instructional section 13. Who uses FAFSA to determine if a student is eligible for financial aid for college? A.Federal Government B.States C.Individual Schools D.All of the above

Quick Assessment 2 Click the arrow to skip assessment and proceed to next instructional section 14. A FAFSA can only be submitted by filling in the information on the official paper form? A.True B.False End of Quick Assessment, Part 2 of 3 Click to continue to next section— ASSESSMENT WILL CONTINUE AFTER NEXT 3 SLIDES

F.A.F.S.A. Form required to get free gov’t aid Do it when parents do taxes Do it every year You don’t qualify unless you apply AID BASED ON NEED

Scholarships Money for college based on – Grades – Athletic Ability – Clubs / Community Involvement – Leadership Ability Don’t have to pay it back Some come with obligations attached

H.O.P.E. Helping Outstanding Pupils Educationally Funded by the Georgia Lottery “B” average to qualify “B” average to maintain it

Not always based on financial need Several places to borrow money for school Need FAFSA to get Loans based on need Either way, you must pay it back

Quick Assessment (cont’d) Click the arrow to skip assessment and proceed to SUMMARY 15. FAFSA stands for? A.Federal application for Financial Student Aid B.Federal Association of Free Student Assistance C.Free Application for Federal Student Aid D.Federal Application for Free Student Aid

Quick Assessment (cont’d) Click the arrow to skip assessment and proceed to SUMMARY 16. Which of the following is an easy way to remember to fill out the FAFSA? A.Do it before the Holidays B.Do it after the Holidays C.Do it right after you start college D.Do it when your parents do their taxes

Quick Assessment (cont’d) Click the arrow to skip assessment and proceed to SUMMARY 17. Which of the following BEST describes federal aid obtained based on information in the FAFSA? A.You must have good grades to qualify B.You must apply to qualify C.You must live below the poverty level to qualify D.You must have high SAT scores to qualify

Quick Assessment (cont’d) Click the arrow to skip assessment and proceed to SUMMARY 18. Which of the following is NOT a qualification for paying for college by way of Scholarships? A.Financial Need B.Grades C.Athletic Ability D.Leadership Skills

Quick Assessment (cont’d) Click the arrow to skip assessment and proceed to SUMMARY 19. You can’t have any C’s on your report card to be eligible for the H.O.P.E. Scholarship? A.True B.False

Quick Assessment (cont’d) Click the arrow to skip assessment and proceed to SUMMARY 20. Which of the following is NOT true about student loans to pay for college? A.Not all loans are based on financial need B.Both bank loans and government loans have to be paid back with interest C.You still have to fill out FAFSA to get a loan from the Government D.None of the above--All are true End of Quick Assessment Click to continue to SUMMARY

Financial Aid Summary Lots of money Available Fill out FAFSA at Tax time to get need-based aid for college Be a good student NOW— it will pay you back later Be involved in clubs, sports and community Know requirements for getting available money Enjoy the benefits of your education