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Kent County College Access Network KnowHow2Go Academy 4 Steps to College Intro: WHY COLLEGE? Step 1: BE A PAIN Step 2: PUSH YOURSELF Step 3: FIND THE RIGHT.

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Presentation on theme: "Kent County College Access Network KnowHow2Go Academy 4 Steps to College Intro: WHY COLLEGE? Step 1: BE A PAIN Step 2: PUSH YOURSELF Step 3: FIND THE RIGHT."— Presentation transcript:

1 Kent County College Access Network KnowHow2Go Academy 4 Steps to College Intro: WHY COLLEGE? Step 1: BE A PAIN Step 2: PUSH YOURSELF Step 3: FIND THE RIGHT FIT Step 4: GET YOUR HANDS ON SOME CASH

2 COLLEGE COSTS

3 TUITION & FEES Trade School Community College College or University

4 ROOM & BOARD What is room and board? And how much does it cost??

5 OTHER EXPENSES

6 FINANCIAL AID QUIZ Activity:

7 GET YOUR HANDS ON SOME CASH Types of Financial Aid Grants FREE MONEY! Scholarships FREE MONEY! Federal Work Study Programs Loans Pay back

8 STATE AID Michigan Alternative Student Loan Program (MI-LOAN)Michigan Alternative Student Loan Program (MI-LOAN): These are loans the state offers to students and their families with good credit. Tuition Incentive Program (TIP)Tuition Incentive Program (TIP): This is an award the state gives to eligible students to pay tuition and fees for the first two years of school at participating public and private institutions in Michigan. Students must have been covered by Medicaid for 24 months out of a 36-consecutive-month period to receive the award. Michigan Indian Tuition Waiver (MITW)Michigan Indian Tuition Waiver (MITW): This is an award the state gives to eligible students to offset tuition at public institutions in Michigan. Students must be ¼ or more Native American and be a member of a federally recognized tribe to be eligible for the award. Michigan Competitive ScholarshipMichigan Competitive Scholarship: This is an award the state gives to students with merit and in financial need based on their ACT scores to offset tuition at public and private institutions in Michigan. Students must take the ACT by December of their senior year of high school to be considered for the award www.michigan.gov/mistudentaid

9 FEDERAL AID FEDERAL GRANTS – www.studentaid.ed.govwww.studentaid.ed.gov Federal Pell Grant – up to $5,500 Federal supplemental Educational Opportunity Grant (FSEOG) Teacher Education Assistance for College and Higher Education Grant (TEACH Grant) Iraq and Afghanistan Service Grant

10 GETTING YOUR HANDS ON SOME CASH The First Step is filling out the FAFSA Free Application for Federal Student Aid It is REQUIRED to receive State and Federal Financial Aid www.federalstudentaid.ed.gov

11 SCHOLARSHIPS There are THOUSANDS of scholarships Available each year!

12 FINANCIAL AID WEB RESOURCES ADDITIONAL WEBSITE RESOURCES www.studentjobs.gov/e-scholar.asp - A list of federally funded scholarships, fellowships, grants and internships geared to high school students www.studentjobs.gov/e-scholar.asp www.fafsa.ed.gov – The Free Application for Federal Student Aid (FAFSA) website. Start here when ready to apply for financial aid www.fafsa.ed.gov www.act.org/fane - A financial aid need estimator www.act.org/fane www.hsf.net – A Hispanic Scholarship Fund website that features scholarships for Hispanic students www.hsf.net www.studentaidalliance.org - A series of student success stories and descriptions of need-based financial aid programs www.studentaidalliance.org www.eCampusTours.com - A site with good information about finding and understanding a financial aid plan www.eCampusTours.com Michigan College Access Portal’s “Scholarship Search”

13 FIND THE RIGHT FIT You will know the way… You will KNOW HOW 2 GO!


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