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Paying For College: College Costs, Scholarships & Other Free Monies Presented by: Julius M. Turner, MSPH February 18, 2006.

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Presentation on theme: "Paying For College: College Costs, Scholarships & Other Free Monies Presented by: Julius M. Turner, MSPH February 18, 2006."— Presentation transcript:

1 Paying For College: College Costs, Scholarships & Other Free Monies Presented by: Julius M. Turner, MSPH February 18, 2006

2 Outline FAFSA TOPS Scholarships Grants Loans Work Study

3 FAFSA Free Application for Federal Student Aid Required to receive federal aid at any undergraduate institution and TOPS Deadline to file is May 1, 2006

4 FAFSA Materials Needed to Complete Income Tax Return Parents’ Income Tax Return Bank Statement Investment Portfolio School Codes

5 FAFSA Types of Aid Stafford Loans Unsubsidized Subsidized Perkins Loans Pell Grants Work-Study

6 TOPS Tuition Opportunity Program for Students Four Types of Awards Opportunity Performance Honors Tech

7 TOPS Opportunity Award Minimum 2.5 GPA on Core Courses Minimum 20 Composite ACT Score Maximum Award: Tuition or Average Public School Tuition

8 TOPS Performance Award Minimum of 3.50 GPA Minimum of 23 Composite ACT Score Maximum Award: Tuition or Average Public School Tuition plus $400

9 TOPS Performance (Alternate Criteria) Minimum of 3.0 GPA and at least 10 Honors, Gifted, or AP Courses Minimum of 24 Composite ACT Score Maximum Award: Tuition or Average Public School Tuition plus $400

10 TOPS Honors Award Minimum of 3.5 GPA Minimum of 27 Composite ACT Score Maximum Award: Tuition or Average Public School Tuition plus $800

11 TOPS Tech Award Minimum of 2.5 GPA Minimum of 17 Composite ACT Score Maximum Award: Tuition Must enroll in a vocational or technical training institution.

12 Scholarships Types of Scholarships Merit-Based Need-Based Other Disability Ethnicity Concentration Personal Characteristics

13 Scholarships FastWeb.com FinAid.org/scholarships Scholarships.com

14 Grants PELL Grants SEOG Grants Several other lesser known grants

15 Loans Federal Loans i.e. Perkins, Stafford Private Loans Chase Hibernia Sallie Mae Nellie Mae Others

16 Work-Study Work Programs that supplement aid Lessen the amount of a loan

17 Homework Vocabulary Quiz (61-120) Quote Recitation (4, 5) Bring with you to class a photocopy of your Social Security Card, Immunization Record, Recent Photograph, Sealed High School Transcript, Copy of ACT Scores, Selective Service Registration (Males only), and a $20 Money Order

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