The document provides information about various financial aid options for college students including the FAFSA, scholarships, grants, student loans, work study programs, and methods for paying for college. It defines each term and lists the key requirements and benefits. The FAFSA determines eligibility for federal student aid and requires personal information, tax documents, and parents' financial information. Scholarships are awarded based on merit and require materials like letters of recommendation. Grants do not need to be repaid. Student loans may be federal or private. Work study allows students to work part-time while attending school. Other payment methods include savings, scholarships, grants, and full rides offered by some schools.

1. College and
Training
DAYZIJAH FINCH

2. FAFSA

3. FAFSA
FAFSA stands for: Free Application For Federal Student Aid
A form that can be prepared annually by current and prospective college
students (undergraduate and graduate) in the United States to determine
their eligibility for student financial aid

4. FAFSA
FAFSA determine their eligibility for student financial aid including the
Pell Grant, Federal student loans and Federal Work-Study.

5. FAFSA
The Things you’ll need to complete your fafsa is ..
 Social Security Number
 Residence Card Registration Number
 Parents/Your tax returns, W-2s, and other records of earned
money.
 Fafsa Pin
www.FAFSA.gov

6. FAFSA
BEFORE you fill out the FAFSA …
 Create a personal identification pin
 And a extra pin for your parents

7. FAFSA
There are 3 sections of questions you will be asked:
Personal
 These are questions like your name, your address, etc.2.
Financial
 These questions are about your income
Parent
 This section is for your parents to fill out

8. FAFSA
For conerns or questions contact FAFSA, using these 3 resources:
 the help/hints box in the corner
 the chat to talk with a FAFSA expert.
 www.studentaid.gov

9. Scholarships

10. Scholarships
Scholarship Definition :
 A grant or payment given to a student to support their
education, usually awarded from high academic
performance

11. Scholarships
Resources:
 http://www.fastweb.com/
 https://www.scholarships.com/resources/
 http://www.finaid.org/scholarships/
 http://www.studentscholarshipsearch.com/

12. Scholarships
Example of places to get a scholarship from..
 state schools
 private companies
 non-profit companies
 individuals
 and even some fast food chains!

13. Scholarships
Scholarships require something to show that you deserve the money the
company or organization is willing to give you.
 Certificates of previous education
 Letters of recommendation (usually the requirement is at least 5
letters)
 Language certificate
 Motivation letter
 Curricular resume
 One or more essays

14. Scholarships
Most of the time, if you receive the scholarship, you will be notified by one of
three ways
 Email
 A letter in the mail
 A phone call

15. Grants

16. Grants
Grant Definition
 A sum of money given by an organization, especially a government, for
a particular purpose
The money does not have to be paid back!

17. Grants
several types of federal grants:
 Federal Pell Grants
 Federal Supplemental Educational Opportunity
Grants (FSEOG)
 Teacher Education Assistance for College and
Higher Education (TEACH)
 Iraq and Afghanistan Service Grants

18. Grants
You can also receive grants from other sources
 Companies
 Individuals
 Organizations

19. Grants- Companies
Benefits:
 More money may be available to give you
 You could be offered an internship or job to go along with the
grant

20. Grants- Individuals
Benefits:
 They could be a steady source of grants for your entire college career
 There could be no stipulations to receive the money

21. Grants- Organizations
Benefits:
 Opportunity to be recognized by the local community, newspapers, tv, etc.
 Options to travel to other cities and countries where the organization is
also located, to help work for that section

22. Student Loans

23. Student Loan
Student Loan:
 A loan designed to help students pay for things like tuition, books,
and living expenses

24. Student Loans
Types:
 Federal loan
 Private loan
 Stafford loan
 Perkins loan
 PLUS loans
 Private Education loan
 Health Professions Student Loans

25. Student Loans
The main difference between a private and federal loan is:
 Source of funds
Federal loans come from the government.
Private loans come from other sources.
 Ex: Individual, private company, etc.

26. Student Loans
Federal loan:
 Do not have to be repaid
until after you graduate
 Fixed interest rates
 No credit check
Private loan:
 Must be paid while you
are going to school
 Interest rates are usually
above 18%
 Must have a good credit
record

27. Work Study

28. Work Study
Work Study:
 Of or relating to a college program that enables students to work
part-time while attending school

29. Work Study
Types of Work Study:
 Federal work study
 Non-federal work study

30. Work Study
Benefits of Federal Work Study:
 Part-time employment while in school
 Available to undergraduate, graduate, and professional students with financial
need
 Available to full-time or part-time students

31. Work Study
Benefits of non-Federal work study:
 Work experience
 Higher pay
 All income earned, besides taxes, is given to you

32. Work Study
Corporation Work Study:
 Benefits available for full time workers
 Office work experience built up during employment at
company
 Possible promotion into a higher position in the company

33. Work Study
Bank work study:
 Loans and debt paid off if you accept a position in the company
 Higher degree = higher position in the company
 Good pay for full time workers

34. Work Study
Government Work study:
● All debt paid off if a governmental position is taken
● Experience is accumulated
● Excellent benefits and pay for work

35. Paying for College

36. Paying for College
Types of payment methods for college:
 Tip jar
 Student Loans
 Work-Study
 Scholarships and Grants

37. Paying for College
Tip Jar:
 Save some of the tips you receive at work to help pay for books or other expenses.

38. Paying for College
Student Loans:
 These can be private or federal
 If private loan, must be paid back as you go to school
 If federal, does not have to be paid back until you graduate

39. Paying for College
Work-study:
 Work where some of the money you earn goes to paying off tuition
 Several different locations offer this
o Ex: Corporations, Banks, Private Companies, etc.

40. Paying for College
Scholarships and Grants:
 Free money that requires little to no effort
 Money that helps pay for books and tuition

41. Paying for College
Full Rides offered from Schools:
 Academically based
 Plans offered to students for them to take a full load of courses
and work only for living expenses
 School plays for all tuition, books, etc.