1. College Financial Aid Packages 12 th Grade FAFSA and Financial Aid #5

2. Pre-Test 1.What three types of financial aid do students not have to pay back money? 2.Name two types of grants. 3.What are three main factors to take into consideration when choosing a college?

3. Objectives Estimate financial aid packages for – Three top colleges of interest – On college websites – FAFSA4caster Compare colleges’ expenses after subtracting estimated financial packages from costs Rank colleges of interest based on most important postsecondary institutions’ factors

4. Review Last Lesson College specific scholarships: two main factors – GPA and specific majors Staff member with good scholarship info – School counselor Type of scholarship that is sometimes easier to qualify for – Religious Organizations/Church/Mosque/etc.

5. College Financial Aid Packages 1.Consider financial aid you don’t pay back – Grants, scholarships, work study 2.Types of grants – National (Pell), State, Institution (college grant) 3.Take into account what loans are offered – Loans often cover the difference between financial aid you don’t pay back and costs 4.Costs minus financial aid should be one factor in your college ranking decision

6. Naviance: Colleges Tab

7. Colleges I am Applying To

8. Anoka Technical College

9. Anoka Tech: FAFSA4caster

10. Arizona State University

11. Estimated Financial Aid

12. University of Minnesota

13. Cost, Aid and Scholarships

14. Net Cost Calculator

15. Comparing College Costs 1.Anoka Technical College – Costs after financial aid: $835 Note: Living At Home 2.Arizona State University – Costs after financial aid: $30,147 Note: Out of State Tuition 3.University of Minnesota – Costs after financial aid: $10,468

16. Update Postsecondary Plan

17. Comparing Your Colleges 1.Find financial aid calculators – At your top three colleges’ website Or FAFSA4caster – Calculate your college costs after financial aid 2.Rank colleges based on – Preparation for careers of interest – Overall education – Student life experience – Costs after financial aid 3.Update Postsecondary Plan

18. Class Discussion 1.What are you going to investigate the most in the near future? – Colleges of interest costs – Grants – Scholarships – Work study – Savings – Parent Contribution

19. Post-Test 1.What three types of financial aid do students not have to pay back money? 2.Name two types of grants. 3.What are three main factors to take into consideration when choosing a college?

20. Review Three types of financial aid students don’t have to pay back – Grants, scholarships, work study Types of grants – Federal (Pell), state, institution (college) Main college decision factors – Preparation for careers, overall education – Student life experience, costs after financial aid