 Khan Academy - Khan's Story (video) Khan Academy - Khan's Story (video)

Grants ScholarshipsWork-Study Loans

$$ Money that you don’t have to pay back  May be for academic, athletic, leadership, music, theater, etc.  Usually competitive  Institutional  National  State and Local including civic organizations

Spring applications and deadlines -Unclaimed $$$ every year -Missed Opportunities  Boulder & Weld County  Longmont, Mead, Frederick and Firestone  SVVSD Local Scholarships  Mead HS students

$$ More money you don’t have to pay back, but must complete the FAFSA  Federal Pell Grants – up to $5730 per year ◦ Based on exceptional financial need  FSEOG Grants – up to $4,000 per year ◦ Based on exceptional financial need  State Grants  Institutional Grants from colleges ◦ Must apply and be accepted to colleges to be considered for these grants  Weld County Bright Futures Grant - $3,000 per year

$$ Money earned while working an on-campus job, but must complete the FAFSA  Based on financial need  Student is provided an on campus job that is flexible with student class schedules  hours per week

Work Study (video)

 $$ Money that must be repaid.  Subsidized : Must demonstrate “need”  Unsubsidized : Need is not a consideration  Base annual loan limits (combined subsidized and unsubsidized) ◦ $5,500 for 1st year undergraduates ◦ $6,500 for 2nd year undergraduates ◦ $7,500 for each remaining undergraduate year ◦ $8,500 for each year of graduate/professional study

 Research and compare the cost of college  Net Cost Calculators  FAFSA 4Caster  FAFSA ID  Research and Apply for Scholarships NOW  Apply for the College Opportunity Fund (COF)

 Naviance – add colleges to your lists & compare  College Board –  College Scorecard ◦ President Obama’s new data site for students to make reliable decisions about their education (includes graduate salaries and anticipated debt). ◦

 The Net Price Calculator is a tool that students can use to estimate their “net price” to attend a particular college or university.  Net price is the difference between the “sticker” price (full cost) to attend a specific college, minus any grants and scholarships for which students may be eligible. Sticker price includes direct charges (tuition and fees, room and board) and indirect costs (books and supplies, transportation, and personal expenses).  All colleges and universities are required to have a Net Cost Calculator on their website. 

Net Cost CalculatorNet Cost Calculator (video)

An online tool that provides an early estimate of your federal student aid eligibility to help you financially plan for college. ution=e2s1

 The FSA ID ― a username and password ― has replaced the Federal Student Aid PIN and must be used to log in to certain U.S. Department of Education websites. Your FSA ID confirms your identity when you access your financial aid information and electronically sign Federal Student Aid documents. If you do not already have an FSA ID, you can create one when logging in to fafsa.gov

 It’s never too early to apply for scholarships  Scholarship deadlines occur every week and many scholarships go unclaimed  Apply for Local, State and National Scholarships  Use Naviance to find scholarships  Institutional Scholarships – Must apply and get accepted for admission to the college first

  All Colorado residents must complete the online Colorado Opportunity Fund (COF) application to receive in state tuition

 Free Application for Federal Student Aid  Get you FAFSA ID now  Online application is available on January 1 st  Apply early – some grants are limited and once they’re gone…they’re GONE!  You need to complete the application with your parents…they need to provide their income  Most colleges require you to complete the FAFSA to be eligible for aid at the college 

 See your school counselor for more information on the ASSET and DACA programs, as well as other local, regional and national resources for undocumented students accessing college and financial aid.

 The federal government reviews and determines how much federal financial aid you’re eligible for using family income, assets, # of dependents in college and cost of attendance.  The federal government determines what your EFC is…Estimated Family Contribution  You’re EFC is sent to you and each college that you apply to  Financial Aid Award Letter from each college

Cost of Education (the total cost of attending college - tuition, books, fees, room & board) – Expected Family Contribution (minus the parents’ and student’s financial resources) = Financial Need Definition of Financial Need

Expected Family Contribution (EFC) is influenced by these factors:  The amount the student’s parents should or will be asked to pay from income and assets  The amount the student can contribute from earnings and savings  Any gift amount that the student receives  Family size, age of oldest parent, number of children currently attending college Assessing Student Need

 DON’T panic –Ask Questions  DO have financial records available: tax returns etc...  DO read instructions thoroughly  DO apply before institutional application deadline  DO complete all questions  DO keep copies for your records  DO respond to all inquiries ASAP  DON’T get discouraged-- ASK QUESTIONS!

Sunday, February 21, :00pm – 3:00pm Free help to complete your FAFSA by college financial aid professionals. Scholarships available FRCC – Longmont More details coming soon

  (    College Net Price Calculators –Use Them!  Watch out for scams –Don’t pay for a college scholarship search.  Scholarship Search Sites (Naviance, Mead HS website)

 Obtain and review admission and financial aid materials from colleges of interest  Use Net Price Calculators early and often!  Investigate other sources of aid  Don’t rule out options on Sticker Price  You won’t know what it will cost you until you apply for financial aid!