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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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Spatium Project Simulation student briefSpatium Project Simulation student brief
Spatium Project Simulation student brief
 

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.