Your SlideShare is downloading. ×
Student Financial Planning for Higher Education - Georgetown College
Upcoming SlideShare
Loading in...5

Thanks for flagging this SlideShare!

Oops! An error has occurred.

Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

Student Financial Planning for Higher Education - Georgetown College


Published on

How to pay for college, including academic, performance, athletic, and other scholarships, FAFSA, cost estimator, online resources, and timelines for financial aid.

How to pay for college, including academic, performance, athletic, and other scholarships, FAFSA, cost estimator, online resources, and timelines for financial aid.

  • Be the first to comment

  • Be the first to like this

No Downloads
Total Views
On Slideshare
From Embeds
Number of Embeds
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

No notes for slide


  • 1. Student Financial Planning Tiger Preview 502-863-8027 800-788-9985
  • 2. Academic Scholarships How to apply: apply for admission by November 15th (our priority deadline). Applicants who apply any time after November 15th will still be eligible for scholarships. Range from $7,000 - $18,000 per year, for 4 years. GSP and GSA scholarships are minimum $17,500. Based on four criteria: (1) GPA, (2) ACT/SAT, (3) Class Rank, if available, and (4) individual attributes. Not based on your financial need. A student can receive only one academic scholarship.
  • 3. Other ScholarshipsSeparate Applications Required (Feb 1 deadline) for… Christian Leadership: awards for students who have been involved in their churches and communities. Equine Scholarship: award for students who are interested in various aspects of the horse industry. $1,000 award. Global Scholarship: awarded to students who have an interest in global issues and study abroad. $1,000 award. Spanish Immersion: awarded to students with an interest in immersing themselves in the Spanish language and culture through this unique opportunity.
  • 4. Athletic and Performance Scholarships How to apply: Apply and contact appropriate departments/coaches by their respective deadlines. Your Admissions Counselor can help you find the right people to contact. Athletics: scholarships are offered in all areas, with a wide range of amounts. Begin your conversations with coaches now if you are interested. Music, Art, and Theatre: scholarships are typically offered in the range of $1,000-$3,000 per year (on average). Auditions or portfolios are required. Contact the appropriate department now if you are interested.
  • 5. For Prospective TeachersFederal TEACH Grant: a $4,000 award for students who plan to teach in high-need subject areas and teach in Title I schools (those with a high percentage of financially needy students). You must file a FAFSA, but you do not have to demonstrate financial need.Go to:
  • 6. The FAFSAFile the FAFSA—Free Application for Federal StudentAid.Uses your family’s financial information to determine your eligibilityfor need-based aid.You’ll report information about family income, assets, family size, etc.Filing the FAFSA allows us to determine if you’re eligible for FederalGrants (Pell, SEOG), State Grants (Kentucky Tuition Grant, CollegeAccess Program Grant), and additional college grants. Don’t MISSOUT, file your FAFSA as soon as possible after January 1 st of your HSSenior year.**The FAFSA can be completed with estimates of your Federal Tax Return information… your taxes do not need to be FILED for you to complete the FAFSA**
  • 7. If you need to consider long- term payment options… Payment Plans Georgetown offers a 10-month interest-free payment plan. Loans Federal and other types of student and parent loans are available to cover any/all of a student’s balance not covered by grants/scholarships or financial aid.
  • 8. Estimator• The Estimator is a tool for high school seniors and transfer students that you can fill out with your academic and financial information.• This is a great way to get a ballpark figure on how much you might receive.• The Estimator service is available year-round on the GC webpage.
  • 9. Internet Resources FAFSA: (NOT a .com) General Info: Free Info about Outside Scholarships:     Tax Benefits: (Publication 970)
  • 10. Timelines By November 15th: fill out admission application for early consideration. ASAP after January 1st: complete the FAFSA (use an estimate of tax information if necessary) By February 1st: complete and submit any separate scholarship applications. Early – Mid March: Your complete financial aid award will be sent if we have valid FAFSA information on file, or if you have indicated that you do not intend to file.
  • 11. Final Advice1. Stories from friends, newspaper stories, etc. about college financial aid are often misleading or downright wrong.2. Don’t procrastinate—don’t go past deadlines for applications, the FAFSA, etc.3. Tell us about special financial circumstances (job loss, income change, high medical expenses, divorce/separation) as early as possible after January 1—this can help us help you.4. Remember that paying for college is a partnership among students, families, federal/state governments, and colleges.