Wylie High School November 3, 2015 ~ Our Mission Statement ~ “The Office of Student Financial Aid & Scholarships provides comprehensive financial assistance.

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Presentation transcript:

Wylie High School November 3, 2015 ~ Our Mission Statement ~ “The Office of Student Financial Aid & Scholarships provides comprehensive financial assistance to students seeking a higher education."

TYPES OF FINANCIAL AID What is financial aid?  Scholarships  Grants  Work Study  Loans

APPLYING FOR FINANCIAL AID Apply for scholarships on Complete the FAFSA after January 1 ( TTU scholarship deadline is February 1. Research and apply for external scholarships.

THE FAFSA Determines eligibility for federal student aid. May also be used to determine state and institutional aid. Requires income information for most recent tax year (2015 for the FAFSA). Calculates financial need based on certain factors, including (but not limited to) income, household size and number in college.

TEXAS TECH COST OF ATTENDANCE (Resident) Tuition and Fees Room and Board Books and Supplies Transportation Costs Miscellaneous Expenses Total Cost of Attendance Loan fees Study abroad costs Dependent care expenses Expenses related to a disability Expenses for cooperative education program $ 9,866 $ 9,384 $ 1,200 $ 2,300 $ 2,120 $ 24,870 DIRECT COST TO THE STUDENT $20,450

SCHOLARSHIP TIPS 1)Apply for anything and everything! 2)If you are receiving numerous s from scholarship searches, set up a scholarship-only account. 3)Research your field of study. Check websites of individuals or companies that are leaders in that field of study. 4)Check websites of major companies for scholarship opportunities. 5)Check with organizations that you or your family may belong to, such as AMBUCS, Lion’s Club, churches and employers. 6)Keep your resume, essays and letters of recommendation updated and in an easy-to-access location.

SCHOLARSHIP RESOURCES Colleges, departments and organizations on your campus Local/civic organizations Various companies

EXTERNAL SCHOLARSHIP EXAMPLES American Fire Sprinkler Association Scholarship Program Annual Create-A-Greeting-Card $10,000 Scholarship Contest Asparagus Club Scholarship Copyright Awareness Scholarship International Dairy-Deli-Bakery Assn. Undergraduate / Graduate Scholarship Kor Memorial Scholarship and Starfleet Academy Scholarship Llama Association

EXTERNAL SCHOLARSHIP EXAMPLES Minnesota Soybean Ambassador Program National Candy Technologists Scholarship National Marbles Tournament Scholarship Slam What You Will Poetry Scholarship “Stuck at Prom” Scholarship Tall Clubs International Student Scholarships Theodore Gordon Fly fishers Fund Scholarship US Bowling Congress Chuck Hall Star of Tomorrow Vegetarian Resource Group Scholarship

IMPACT OF SCHOLARSHIP DOLLARS “Cindi” Direct Subsidized Loan:$3,500 Direct Unsubsidized Loan:$2,000 Parent PLUS Loan:$6,000 Federal Pell Grant:$3,000 Scholarship received:$6,000 Total financial aid for :$20,500 Financial aid for fall 2015:$10,250 Approximate charges for fall 2015:$10,000 Expected refund$250

IMPACT OF SCHOLARSHIP DOLLARS “Billy” Direct Subsidized Loan:$3,500 Direct Unsubsidized Loan:$2,000 Parent PLUS Loan:$6,000 Federal Pell Grant:$3,000 Scholarship received:$0 Total financial aid for :$14,500 Financial aid for fall 2015:$7,250 Approximate charges for fall 2015:$10,000 Expected shortfall($2,750)

CONTACT INFORMATION Billy Tiongco Student Financial Aid & Scholarships 301 West Hall Lubbock, TX :00-4:30 Monday-Friday (806) (806) fax Texas Tech University Student Financial Aid and Scholarships