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Published byCordelia Byrd Modified over 9 years ago
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College Planning How Do I Pay For It?
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What is UCanGo2? A college access program for high school and middle school students and parents Provides information on how to plan, prepare and pay for college Helps families create a college-going culture in the home An initiative of the Oklahoma College Assistance Program and the Oklahoma State Regents for Higher Education Visit UCanGo2.org for college planning resources
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High School Student Workbook W W hy Go To College? What Do I Want to Be? How Do I Get There? Where Do I Go? H How Do I Pay for It?
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What is Financial Aid Money used to help you pay for college Comes in the form of grants, scholarships, work-study programs and student loans All students are eligible for some type of financial assistance for college Apply for this money ASAP after January 1 of your senior year and each year you need money for college
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Getting Financial Aid Complete the FAFSA (Free Application for Federal Student Aid) to request financial aid FAFSA.gov Find the FAFSA at FAFSA.gov Online application preferred, but paper forms are available Sign your FAFSA online with a Personal Identification Number or PIN Never pay to complete this form; it’s a FREE application
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Types of Financial Aid Free Money Grants Scholarships Earned Money Work-Study Student Loans Loans
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Federal Grants not Money that does not have to be paid back Usually awarded on the basis of financial need Apply for all federal grants through the FAFSA form Types of grants: Pell Grant Iraq and Afghanistan Service Grant Teacher Education Assistance for College and Higher Education (TEACH) Grant Federal Supplemental Educational Opportunity Grant (FSEOG)
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Scholarships not Money that does not have to be paid back Awarded on merit, need, skills, hobbies, family history and athletics Apply for as many scholarships as possible Search scholarship websites, books, local organizations, churches, family employers, college financial aid offices Contact your tribal office for assistance if you’re of Native American heritage
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Scholarship Success Guide
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College Work-Study Provides part-time jobs for students with financial need Jobs available on- or off-campus where you’ll perform duties related to a course of study or through involvement within the community Types of jobs, pay rates and work schedules can vary greatly
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Student Loans Money students and parents borrow to help pay educational expenses must be repaid Loans must be repaid and repayment usually begins after education is complete or you withdraw from college Borrow only the amount you really need to cover school expenses Look at loans as an investment in the future
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Loan Types Federal Direct Loan Subsidized Subsidized – Government pays the interest on your behalf while you’re in school Unsubsidized Unsubsidized – Student is solely responsible for the interest PLUS Loan Parent Loan for Undergraduate Students Perkins Loan
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Oklahoma Financial Aid Oklahoma Tuition Aid Grant Apply through the FAFSA Deadline typically March 1 Oklahoma’s Promise Scholarship program for eligible Oklahoma students Apply in the 8 th, 9 th or 10 th grade Academic Scholars Program Awarded to students who score in the 99.5 percentile on the ACT/SAT exams
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Relevant and timely posts about the FAFSA A forum to submit questions about the FAFSA Tutorial videos in English and Spanish Links to information about financial aid, money management, income tax issues and FAFSA dependency status Explanation of common errors Answers to frequently asked questions
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UCanGo2 Resources Scholarship Success Guide FAFSA Facts College Fair Worksheet College Terms Glossary What Do I Want To Be? Worksheet Campus Visit Checklist Finish the FAFSA in Five Steps Brochure College Planning Checklists Transition to College Brochure Tracking My Classes and Achievements Worksheet
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Questions ?
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Contact Us Oklahoma State Regents for Higher Education Oklahoma College Assistance Program Outreach Department 405.234.4239 866.443.7420 (toll free) UCanGo2@ocap.org
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