Regional Finaid Aid Nights, HS Tour 2011Presentation Transcript
Financial Aid & Scholarship Night A UHEAA Presentation
Senior Year Timeline Grants Scholarships Student Loans Savings FAFSA Questions
Alex is a senior.
Chris wants to go to college.
AUGUST - DECEMBER
JANUARY - MARCH
Spring College Nights Weber State University: March 13, 2012 Salt Lake Community College: March 14, 2012 Utah Valley University: March 20, 2012 USU Eastern: March 21, 2012 Dixie State College: March 22, 2012
MAY - JUNE Can you see me? I’m the one in the black cap.
Scholarships Institutional Merit Leadership Diversity Academic Department Private Community Service Heritage Interest/hobby based Employer
Scholarships in Utah Average Freshman Award: Average Sophomore Award: Average Junior Award: Average Senior Award: Average GPA of Scholarship Recipient (?):
Preparing for Scholarships Deadline Application Essay Letters of recommendation Save outstanding writing assignments!
Scholarship Essays Follow the directions Tailor your essay to the scholarship Be yourself, and be memorable Write about something you care about Give examples Be honest Spelling & grammar check (have two readers)
Eight Tips from the Experts ACT efforts Get to know your recruiter Get involved Search beyond institutions Deadlines! Convince the committee that you’re the perfect fit Show your plan for success Demonstrate your financial backup plan
Other Scholarship Resources UtahFutures.org Institutional Ambassador Programs Resident Advisor Programs AmeriCorps Fastweb.com College.ed.gov Zinch.com Most scholarships come from the institution you attend!
Work-Study Work on or off of campus Flexible work schedule What you earn won’t count against you for next year’s financial aid Have to apply Competitive
Student Loans Federal Loan Programs Stafford Loan PLUS Loan Perkins Private/Alternative Loans
Savings Summer jobs Bank savings accounts CD accounts 529 Savings Plans
FAFSA Free Application for Federal Student Aid
How much aid do you need? School—Cost of Attendance (COA)
Tuition and Fees
Room and Board
Books and Supplies
Miscellaneous Living Expenses
FAFSA—Expected Family Contribution (EFC)
COA – EFC = Financial Need
Financial need is used to determine what types of aid you qualify for
Free Application for Federal Student Aid
Required for all Federal Financial Aid
Grants Work-study Federal Loan Programs
Available January 1 at www.fafsa.gov
E-sign using a PIN!
Get yours at www.pin.ed.gov
Available in English and Spanish
Ready, Set, FAFSA! Collect your financial information Tax documents Bank account information Investment information Social Security Number or Alien Registration Number Income information Fill out your federal income tax return Verification documentation
Help with the FAFSA
After the FAFSA Complete financial aid application Award letters Often online Explain what types of aid are available Choose what aid you accept and let your school know
What if your situation has changed from last year? If you have experienced… Parent lost a job Medical expenses that weren’t covered by insurance Parents divorced You cannot get your parents’ info Any other unusual changes
Contact the school’s financial aid office!
Find more information at www.HigherEdUtah.org www.facebook.com/uheaa www.youtube.com/uheaa www.twitter.com/uheaa