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Financial Aid 101 Etowah High School Thursday, Jan. 20, 2011
Topics We Will Discuss Tonight ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What is Financial Aid? ,[object Object]
What is Cost of Attendance (COA) ,[object Object],[object Object],[object Object],[object Object]
COA Components ,[object Object],[object Object],[object Object],[object Object],[object Object]
COA Example ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What is the Expected Family Contribution (EFC) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What is Financial Need ,[object Object],[object Object],[object Object]
COA – EFC = Need ,[object Object],[object Object],[object Object],[object Object]
Types of Financial Aid ,[object Object],[object Object],[object Object],[object Object]
Sources of Financial Aid ,[object Object],[object Object],[object Object],[object Object],[object Object]
Federal Government ,[object Object],[object Object],[object Object]
Common Federal Aid Programs ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Undergraduate Student Aid by Source (in Billions), 2009-10 ,[object Object]
Average Aid per Undergraduate FTE, 1994-95 to 2009-10  in Constant 2009 Dollars ,[object Object]
Ten-Year Trend in Student Aid and Nonfederal Loans per FTE  Used to Finance Postsecondary Education Expenses   in Constant 2009 Dollars, 1999-2000 to 2009-10  ,[object Object]
Scholarships ,[object Object],[object Object]
Grants ,[object Object],[object Object]
Loans ,[object Object],[object Object],[object Object],[object Object]
Employment ,[object Object],[object Object],[object Object]
Private Sources ,[object Object],[object Object],[object Object]
Civic Organizations and Churches ,[object Object],[object Object],[object Object],[object Object]
Employers ,[object Object],[object Object]
Awards ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
FAFSA Website ,[object Object],[object Object]
 
FAFSA for 2009-2010
2010-2011 FAFSA
 
 
#1 – click here #2 – click here
Free Application for Federal Student Aid (FAFSA) ,[object Object],[object Object],[object Object]
FAFSA ,[object Object],[object Object],[object Object]
FAFSA ,[object Object],[object Object],[object Object]
2011-2012 FAFSA ,[object Object],[object Object],[object Object]
FAFSA on the Web ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
IRS Data Retrieval  ,[object Object],[object Object],[object Object],[object Object]
IRS Data Retrieval ,[object Object],[object Object],[object Object],[object Object]
Student Financial Aid Personal Identification Number (SFA PIN) ,[object Object],[object Object],[object Object],[object Object],[object Object]
 
 
FOTW Worksheet: Section 1 ,[object Object],[object Object],[object Object]
FOTW Worksheet: Section 1 ,[object Object],[object Object],[object Object],[object Object]
FOTW Worksheet: Section 1 ,[object Object],[object Object],[object Object]
FOTW Worksheet: Section 2 ,[object Object],[object Object],[object Object]
FOTW Worksheet: Section 3 ,[object Object],[object Object]
FOTW Worksheet: Section 3 ,[object Object],[object Object],[object Object],[object Object]
FOTW Worksheet: Section 3 ,[object Object],[object Object],[object Object],[object Object]
FOTW Worksheet: Section 4 ,[object Object],[object Object]
FOTW Worksheet: Section 4 ,[object Object],[object Object],[object Object],[object Object]
FOTW Worksheet: Section 4 ,[object Object],[object Object],[object Object],[object Object]
Signatures ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Frequent FAFSA Errors ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
FAFSA Processing Results ,[object Object],[object Object],[object Object]
FAFSA Processing Results ,[object Object],[object Object],[object Object]
FAFSA Processing Results ,[object Object],[object Object],[object Object]
Making Corrections ,[object Object],[object Object],[object Object],[object Object]
Special Circumstances ,[object Object],[object Object]
Special Circumstances ,[object Object],[object Object],[object Object]
Special Circumstances ,[object Object],[object Object],[object Object],[object Object],[object Object]
HOPE ,[object Object],[object Object]
 
HOPE cont. ,[object Object],[object Object]
Currently  - HOPE Regulations ,[object Object],[object Object],[object Object],[object Object],[object Object]
HOPE cont. ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
HOPE cont. ,[object Object],[object Object],[object Object],[object Object]

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High school presentation for 2011 2012

Editor's Notes

  1. Total Undergraduate and Graduate Student Aid by Type In 2009-10, federal loans constituted 43% of student aid received by undergraduates and 69% of total graduate student aid. Federal grants constituted 26% of the financial aid on which undergraduate students relied, but only 3% of the aid to graduate students. The 17% of undergraduate aid in the form of institutional grants in 2009-10 constituted 32% of all undergraduate grant aid. The federal government provided 49% of undergraduate grant aid. The 16% of graduate student aid in the form of institutional grants in 2009-10 constituted 59% of all grant aid for graduate students. Colleges and universities also provided fellowships and assistantships to many graduate students. The 9% of graduate student aid in the form of grants from employers and other private sources constituted 31% of all grants to graduate students.
  2. Total Aid per Full-Time Equivalent Student In 2009-10, undergraduate students received an average of $11,461 in aid per full-time equivalent (FTE) student, including $6,041 in grants from all sources and $4,883 in federal loans. Graduate students received an average of $22,697 in aid per FTE, including $6,371 in grants and $15,744 in federal loans. Total grant aid per full-time equivalent (FTE) undergraduate student increased at an average rate of 2.8% per year in inflation-adjusted dollars from 1994-95 to 1999-2000, 4.4% per year from 1999‑2000 to 2004-05, and 5.3% per year from 2004-05 to 2009-10. Federal loans per FTE undergraduate student increased at an average rate of 2.7% per year in inflation-adjusted dollars from 1994‑95 to 1999‑2000, 4.0% per year from 1999‑2000 to 2004‑05, and 6.0% per year from 2004‑05 to 2009‑10. Total grant aid per FTE graduate student increased at an average rate of 10.1% per year in inflation-adjusted dollars from 1994‑95 to 1999‑2000, decreased by 2.2% per year from 1999‑2000 to 2004‑05, and increased by 3.5% per year from 2004‑05 to 2009-10. Federal loans per FTE graduate student increased at an average rate of 3.2% per year in inflation-adjusted dollars from 1994‑95 to 1999‑2000, 4.8% per year from 1999‑2000 to 2004‑05, and 5.8% per year from 2004‑05 to 2009‑10.
  3. Total financial aid per full-time equivalent (FTE) student increased 51%, from $8,894 (in constant 2009 dollars) in 1999-2000 to $13,444 in 2009-10.