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Zhanna Goltser College of Notre Dame of Maryland.

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Presentation on theme: "Zhanna Goltser College of Notre Dame of Maryland."— Presentation transcript:

1 Zhanna Goltser College of Notre Dame of Maryland

2  Founded in 1873  Located in Baltimore (North Charles Street)  Women’s College  Weekend College  Accelerated College  Graduate School  Renaissance Institute  English Language Institute  School of Pharmacy  Approximately 3,000 students

3  Why Private College  Types of Aid  How to Apply for Financial Aid  Helpful guidelines  Helpful websites

4  Approximately 1,600 private colleges ◦ Liberal arts ◦ Research universities ◦ Faith-based colleges ◦ Women’s Colleges ◦ Historically-black colleges ◦ Two-Year Colleges ◦ Professional Schools  From 100 students to over 30,000 students

5  Personal Attention  Professor-led classes  Smaller Class Sizes  Greater Class participation  Recognition  Community  Environment  Higher graduation rates in four years  Affordable High-Quality Education

6  Official Price (example-$40,000)  Financial Aid (example-$15,000)  Net Price (example-$25,000)

7 Financial aid is money available to help students and their parents pay for educational expenses

8 FederalState InstitutionalPrivate

9  Grants - Money given to students based on need that is not paid back  Scholarships - Money given to students based on academic or athletic ability or talent that is not paid back  Loans - Money borrowed by students and/or parents that must be paid back with interest  Work-study - Money earned by students as payment for work

10 Key Form: FAFSA Free Application for Federal Student Aid  Biographical Information  Household Size  Student’s and Parent’s Incomes  Assets  College Choices  www.fafsa.gov www.fafsa.gov  Available January 1st

11  Early Tool to Estimate Federal Aid  www.fafsa4caster.ed.gov www.fafsa4caster.ed.gov  Simplified Questions  Available now

12  College Board application  Online only  Required by some schools in addition to FAFSA  www. profileonline.collegeboard.com  Available October 1 st.

13  Knowledgeable  Better Communication  Source for External scholarships

14  Apply for admissions  Apply for financial aid  Receive a financial aid award letter after acceptance  Accept financial aid (if the office requires)  Submit documentation to the financial aid department  Receive the funds (Aug/Jan)

15  What aid is grants/scholarships?  Does an award letter provide financial aid for both direct and indirect expenses?  How much a family needs to take out in loans?  What types of aid are renewable?

16  Communicate about the changes in family incomes or circumstances not listed on a financial aid application  Send award letters from other schools for comparison and discussion  Don’t ask for unreasonable amount  Don’t bargain with a financial aid office

17  New federal law  Colleges must comply by October, 2011  Excellent tool to estimate aid

18  www.ucan-network.org www.ucan-network.org  https://nces.ed.gov/collegenavigator https://nces.ed.gov/collegenavigator  www.mhec.state.md.us www.mhec.state.md.us  www.college.gov www.college.gov  www.fastweb.com www.fastweb.com  www.ndm.edu www.ndm.edu  www.fafsa.govwww.fafsa.gov  www.finaid.org www.finaid.org

19  Apply Early!  Make and Maintain a Financial Aid File  If you have questions – please ask for assistance from a financial aid professional.  Check with your college/university for other applications and/or deadlines.  Keep copies of information and/or documents you submit to the financial aid office.

20 Office of Financial Aid 410-532-5369 finaid@ndm.edu www.ndm.edu/financialaid


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