Financial aid presentation
Upcoming SlideShare
Loading in...5

Financial aid presentation






Total Views
Views on SlideShare
Embed Views



2 Embeds 16 10 6



Upload Details

Uploaded via as Microsoft PowerPoint

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
Post Comment
Edit your comment

    Financial aid presentation Financial aid presentation Presentation Transcript

    • College Admission testsS A T-college ($49)A C T-college ($49.50)C O M P A S S-technical ($10) •When •Where •How
    • Estimated cost of attending the following colleges or universities for the year in 2010:• USCL $5624• Anderson University $27,500• Clemson University $24,285• Coastal Carolina $21,118• College of Charleston $19,569• USC $21,498• Winthrop $17,339• Lander $15,612• Wofford $40,580• Duke $53,390• Harvard $52,000
    • So! Why do somecolleges cost more than others?
    • Applying to college• Which college-reach, match, & safety• Be realistic with Financial Expectations• College Admission deadlines• College Admission requirements?(do the “colleges of choice” requirements and the high school graduation requirements match?)
    • SC requirements to graduate from High School- 24units• English-4 units• U S History-1 unit• Economics-1/2 unit• Government-1/2 unit• Other Social Studies-1 unit• Mathematics-4 units• Science-3 units• Computer Science-1 unit• Phys Ed or JROTC-I unit• Foreign Language- 1 unit for college prep (your college requires how many?) or Vocational-1 unit for tech prep• Electives-7 units
    • A P courses• Free or Nominal SC college credit For making a 3, 4 or 5 on the AP test Each AP course worth around $1100-$1200 depending the cost of semester hours• Helps prepare for the rigor of college courses
    • What type college or University• Large university-usually offers extensive and varied programs and cutting edge research• Small private 4-year-commonly a liberal arts education and more personal interaction• Technical or trade school-practical training and job skills• Community College-2 years of general course work and associate degrees in certain fields
    • Financial Aid 1 thing st FAFSAFree Application for Federal Student Aid
    • Prepare for FAFSA• Fill out taxes early• Fill out fafsa online• Do not pay for fafsa• Do not pay for firms to do fafsa for you
    • Different types of Financial Aid • Non-need based aid Based on student’s achievements or characteristics • Need-based aidAwarded to students who would not be able to pay for postsecondary education using only their family’s financial resources.
    • 4 major types of financial assistance• Grants-typically need based & depend on enrollment status-do not have to be paid back.• Loans-to be paid back (some can be forgiven). Need or non-need based• Scholarships- do not have to be paid back. Typically merit based• Work-Study-students work on campus to help pay for college.
    • Where does your family find information about scholarships?• Colleges or Universities• Community Organizations• Local or National Businesses• On-Line Scholarship Searches• Local Library• Counselor’s Office• School web page
    • State Academic Scholarships HOPE• 3.0 regardless of rank or SAT score• Good for only 1 year• Converts to Life with a 3.0• Must earn 30 semester hours $2500 + $300 for books
    • State Academic Scholarships Life Must include 2 of the 3• 3.0 GPA• 1100 on SAT or 24 on ACT• Top 30% of the graduating class $5000 including book allowance Must earn 30 semester hours
    • State Academic Scholarships Palmetto Fellows Must include all 3 criteria• Top 6 % of the graduating class• 3.5 GPA• 1200 SAT or 27 ACT $6700 freshman year $7500 sophomore/junior/senior Must earn 30 semester hours
    • Acronyms• COA-cost of attendance• EFC-expected family contribution (comes from FAFSA)• FN-financial need COA – EFC = FN
    • status• Is your student or guardian dependent or independent?• When you have step children, whose income is used when filling out the FAFSA?
    • Overage checks• Are you and your child prepared for overage checks?
    • Professional JudgmentCall the financial aid offices The financial aid administrators will work with you.
    • Sticker shock! Do Not Getsticker shock!
    • There is no silver bullet!This information is like medicine…While it will help cure the sick, it will not raise the dead!
    • The Springs Close Foundation Student loans Contact-Judy Rowell Tel 803-286-2197 Lancaster Tel 803-548-2002 Fort Mill Fax 803-416-4626 M-TH 8am-5pm Friday 8 am-2 pm