Financial Aid: Getting Started Cambridge High School November 29, 2012.

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Presentation transcript:

Financial Aid: Getting Started Cambridge High School November 29, 2012

What is Financial Aid?  Scholarships  Grants  Work Study  Loans

Sources of financial aid:  Federal Department of Education  Colleges and universities  State governments  Private foundations and organizations

What is Required?  FAFSA-Free Application for Federal Student Aid  Recent Tax Returns  CollegeBoard CSS Profile  Noncustodial Parent Profile  Institutional Application

FAFSA

FAFSA PIN

Tax Returns  Previous year…for academic year, 2012 tax return needed. For academic year, 2013 tax return needed  All pages including W-2’s and other statements  If no taxes filed, W-2’s or other benefit statements

CollegeBoard

CollegeBoard Big Future

CSS Profile

Noncustodial Profile

Institutional Applications  Needed at some colleges & universities but not all.  Usually found on a Financial Aid Office website  Provides additional basic information

Notes  Start early-don’t wait for admission decision  Review Financial Aid Office website  Visit Financial Aid Office on college visit  Utilize Net Price Calculator from college website  Ask questions  “If you don’t apply, you can’t qualify.”

Contacts        or