1. Working with Independent Educational Consultants
including Test Prep Providers

2. Determining needs
What do you think you need help with?

3. Determining needs What do you think you need help with?
Creating a college list

4. Determining needs What do you think you need help with?
Creating a college list
Writing essays

5. Determining needs What do you think you need help with?
Creating a college list
Writing essays
Preparing for the ACT or SAT

6. Determining needs What do you think you need help with?
Creating a college list
Writing essays
Preparing for the ACT or SAT
Assembling a portfolio

7. Determining needs What do you think you need help with?
Creating a college list
Writing essays
Preparing for the ACT or SAT
Assembling a portfolio
Getting recruited for sports

8. Determining needs What do you think you need help with?
Creating a college list
Writing essays
Preparing for the ACT or SAT
Assembling a portfolio
Getting recruited for sports
Preparing for an audition

9. Determining needs What do you think you need help with?
Creating a college list
Writing essays
Preparing for the ACT or SAT
Assembling a portfolio
Getting recruited for sports
Preparing for an audition
Considering a GAP year
The need can come from any part of the application process.

10. Identifying resources
What help is already available?

11. Identifying resources
What help is already available? TA

12. Identifying resources
What help is already available? TA
Fatima Posada-Bellaz

13. Identifying resources
What help is already available? TA
Fatima Posada-Bellaz
Other Staff

14. Identifying resources
What help is already available? TA
Fatima Posada-Bellaz
Other Staff
Online—Naviance and beyond

15. Identifying resources
What help is already available? TA
Fatima Posada-Bellaz
Other Staff
Online—Naviance and beyond
Books

16. Identifying resources
What help is already available? TA
Fatima Posada-Bellaz
Other Staff
Online—Naviance and beyond
Books
All you need is here at H-B Woodlawn.*

17. Selecting an outside advisor/test prepper
What factors should you consider?

18. Selecting an outside advisor/test prepper
What factors should you consider?
Experience

19. Selecting an outside advisor/test prepper
What factors should you consider?
Experience
Outcomes

20. Selecting an outside advisor/test prepper
What factors should you consider?
Experience
Outcomes
Education

21. Selecting an outside advisor/test prepper
What factors should you consider?
Experience
Outcomes
Education
Visits

22. Selecting an outside advisor/test prepper
What factors should you consider?
Experience
Outcomes
Education
Visits
Reference

23. Selecting an outside advisor/test prepper
What factors should you consider?
Experience
Outcomes
Education
Visits
Reference
Coordination

24. Selecting an outside advisor/test prepper
What factors should you consider?
Experience
Outcomes
Education
Visits
Reference
Coordination
Cost

25. Selecting an outside advisor/test prepper
What factors should you consider?
Experience
Outcomes
Education
Visits
Reference
Coordination
Cost
Do your homework to find a fit.

26. Financial Aid, an overview

27. Financial Aid, an overview

28. Financial Aid, an overview
How is financial aid determined?

29. Financial Aid, an overview
How is financial aid determined?
Need-based: COA minus EFC = Need

30. Financial Aid, an overview
How is financial aid determined?
Need-based: COA minus EFC = Need
Cost Of Attendance minus Expected Family Contribution = Need

31. Financial Aid, an overview
How is financial aid determined?
Need-based: COA minus EFC = Need
Cost Of Attendance minus Expected Family Contribution = Need
Non-need-based: Needs of college and requirements of scholarships

32. Financial Aid, an overview
How do colleges meet need?

33. Financial Aid, an overview
How do colleges meet need?
Grants (scholarships)

34. Financial Aid, an overview
How do colleges meet need?
Grants (scholarships)
work-study

35. Financial Aid, an overview
How do colleges meet need?
Grants (scholarships)
work-study
loans

36. Financial Aid, an overview
What are the steps in applying for need and non-need based?

37. Financial Aid, an overview
What are the steps in applying for need and non-need based?
Apply to the college

38. Financial Aid, an overview
What are the steps in applying for need and non-need based?
Apply to the college
Submit the FAFSA (Free Application for Federal Student Aid)

39. Financial Aid, an overview
What are the steps in applying for need and non-need based?
Apply to the college
Submit the FAFSA (Free Application for Federal Student Aid) = EFC

40. Financial Aid, an overview
What are the steps in applying for need and non-need based?
Apply to the college
Submit the FAFSA (Free Application for Federal Student Aid) = EFC
Income, assets, parent’s age, # kids in college X formula

41. Financial Aid, an overview
What are the steps in applying for need and non-need based?
Apply to the college
Submit the FAFSA (Free Application for Federal Student Aid) = EFC
Income, assets, parent’s age, # kids in college X formula
No: primary residence, retirement funds, life insurance, pensions

42. Financial Aid, an overview
What are the steps in applying for need and non-need based?
Apply to the college
Submit the FAFSA (Free Application for Federal Student Aid) = EFC
Income, assets, parent’s age, # kids in college X formula
No: primary residence, retirement funds, life insurance, pensions
Yes: trusts, mutual funds, educ savings accounts

43. Financial Aid, an overview
What are the steps in applying for need and non-need based?
Apply to the college
Submit the FAFSA (Free Application for Federal Student Aid) = EFC
Income, assets, parent’s age, # kids in college X formula
No: primary residence, retirement funds, life insurance, pensions
Yes: trusts, mutual funds, educ savings accounts
Maybe submit the CSS Profile (College Scholarship Search Profile)

44. Financial Aid, an overview
What are the steps in applying for need and non-need based?
Apply to the college
Submit the FAFSA (Free Application for Federal Student Aid) = EFC
Income, assets, parent’s age, # kids in college X formula
No: primary residence, retirement funds, life insurance, pensions
Yes: trusts, mutual funds, educ savings accounts
Maybe submit the CSS Profile (College Scholarship Search Profile)
FAFSA plus more assets—value of home, retirement accounts, etc.

45. Financial Aid, an overview
What are the steps in applying for need and non-need based?
Apply to the college
Submit the FAFSA (Free Application for Federal Student Aid)
Income, assets, parent’s age, # kids in college X formula
No: primary residence, retirement funds, life insurance, pensions
Yes: trusts, mutual funds, educ savings accounts
Maybe submit the CSS Profile (College Scholarship Search Profile)
FAFSA plus more assets—value of home, retirement accounts, etc.
And maybe submit Institutional applications

46. Financial Aid, an overview
What are the steps in applying for need and non-need based?
Apply to the college
Submit the FAFSA (Free Application for Federal Student Aid) = EFC
Income, assets, parent’s age, # kids in college X formula
No: primary residence, retirement funds, life insurance, pensions
Yes: trusts, mutual funds, educ savings accounts
Maybe submit the CSS Profile (College Scholarship Search Profile)
FAFSA plus more assets—value of home, retirement accounts, etc.
And maybe submit Institutional applications
Verification?

47. Financial Aid, an overview
What resources estimate EFC?

48. Financial Aid, an overview
What resources estimate EFC?
Or how can I plan for what colleges will expect us to pay?

49. Financial Aid, an overview
What resources estimate EFC?
Or how can I plan for what colleges will expect us to pay?
FAFSA4caster—federal tool to estimate the EFC

50. Financial Aid, an overview
What resources estimate EFC?
Or how can I plan for what colleges will expect us to pay?
FAFSA4caster—federal tool to estimate the EFC
NPC Net Price Calculator

51. Financial Aid, an overview
What resources estimate EFC?
Or how can I plan for what colleges will expect us to pay?
FAFSA4caster—federal tool to estimate the EFC
NPC Net Price Calculator
Talk to financial aid offices about their experience with the NPC.

52. Financial Aid, an overview
What resources estimate EFC?
Or how can I plan for what colleges will expect us to pay?
FAFSA4caster—federal tool to estimate the EFC
NPC Net Price Calculator
Talk to financial aid offices about their experience with the NPC.
FinAid—has federal and institutional methodology calculators

53. Financial Aid, an overview
What can be done with the Financial Aid Package?

54. Financial Aid, an overview
What can be done with the Financial Aid Package?
Accept

55. Financial Aid, an overview
What can be done with the Financial Aid Package?
Accept
Modify

56. Financial Aid, an overview
What can be done with the Financial Aid Package?
Accept
Modify
Appeal

57. Financial Aid, an overview
What can be done with the Financial Aid Package?
Accept
Modify
Appeal
Reject

59. SAMPLE FINANCIAL LETTER
Gift Aid SUMMER FALL SPRING TOTAL
Merit Scholarship $6,500 $6,500 $13,000
XX Grant $2,500 $2,500 $5,000
Federal Pell Grant $2,698 $2,697 $5,395
State Need Grant $1,000 $1,000 $2,000
Endowed XX Scholarship $1,000 $1,000 $2,000
Total Gift Aid $27,395

60. SAMPLE FINANCIAL LETTER
Gift Aid SUMMER FALL SPRING TOTAL
Merit Scholarship $6,500 $6,500 $13,000
XX Grant $2,500 $2,500 $5,000
Federal Pell Grant $2,698 $2,697 $5,395
State Need Grant $1,000 $1,000 $2,000
Endowed XX Scholarship $1,000 $1,000 $2,000
Total Gift Aid $27,395
Loans
Direct Subsidized Loan $1,750 $1,750 $3,500
Direct Unsubsidized Loan $1,000 $1,000 $2,000
Direct Parent PLUS Loan $5,000 $5,000 $10,000
Total Loans $15,500

61. SAMPLE FINANCIAL LETTER
Gift Aid SUMMER FALL SPRING TOTAL
Merit Scholarship $6,500 $6,500 $13,000
XX Grant $2,500 $2,500 $5,000
Federal Pell Grant $2,698 $2,697 $5,395
State Need Grant $1,000 $1,000 $2,000
Endowed XX Scholarship $1,000 $1,000 $2,000
Total Gift Aid $27,395
Loans
Direct Subsidized Loan $1,750 $1,750 $3,500
Direct Unsubsidized Loan $1,000 $1,000 $2,000
Direct Parent PLUS Loan $5,000 $5,000 $10,000
Total Loans $15,500
Work Option
Federal College WorkStudy $1,000 $1,000 $2,000
Total Work Option $2,000
Total Financial Aid Offered $22,448 $22,447 $44,894

62. SAMPLE FINANCIAL LETTER
Gift Aid SUMMER FALL SPRING TOTAL
Merit Scholarship $6,500 $6,500 $13,000
XX Grant $2,500 $2,500 $5,000
Federal Pell Grant $2,698 $2,697 $5,395
State Need Grant $1,000 $1,000 $2,000
Endowed XX Scholarship $1,000 $1,000 $2,000
Total Gift Aid $27,395
Loans
Direct Subsidized Loan $1,750 $1,750 $3,500
Direct Unsubsidized Loan $1,000 $1,000 $2,000
Direct Parent PLUS Loan $5,000 $5,000 $10,000
Total Loans $15,500
Work Option
Federal College WorkStudy $1,000 $1,000 $2,000
Total Work Option $2,000
Total Financial Aid Offered $22,448 $22,447 $44,894
NOTE: $15,500 OF THE “FINANCIAL AID OFFERED” IS IN THE FORM OF LOANS.

63. SAMPLE FINANCIAL LETTER
Gift Aid SUMMER FALL SPRING TOTAL
Merit Scholarship $6,500 $6,500 $13,000
XX Grant $2,500 $2,500 $5,000
Federal Pell Grant $2,698 $2,697 $5,395
State Need Grant $1,000 $1,000 $2,000
Endowed XX Scholarship $1,000 $1,000 $2,000
Total Gift Aid $27,395
Loans
Direct Subsidized Loan $1,750 $1,750 $3,500
Direct Unsubsidized Loan $1,000 $1,000 $2,000
Direct Parent PLUS Loan $5,000 $5,000 $10,000
Total Loans $15,500
Work Option
Federal College WorkStudy $1,000 $1,000 $2,000
Total Work Option $2,000
Total Financial Aid Offered $22,448 $22,447 $44,895
NOTE: $15,500 OF THE “FINANCIAL AID OFFERED” IS IN THE FORM OF LOANS.
TOTAL DEBT AFTER 4 YEARS = $62,000