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SHPE AHETEMS, Inc: Financial Aid - 101. Name of Presenter Name of SHPE Chapter Noche de Ciencias Location of Event City, ST #Date#. Financial Aid = Money for College. Loans. Financial Aid Package. Scholarships. Grants. Work-Study. How Much Will It Cost?.
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SHPE AHETEMS, Inc: Financial Aid - 101 Name of Presenter Name of SHPE Chapter Noche de Ciencias Location of Event City, ST #Date#
Financial Aid = Money for College Loans Financial Aid Package Scholarships Grants Work-Study
How Much Will It Cost? • Average Cost per Academic Year • $13,000 for Tech/Trade School • $13,000 for a Community College • $18,000 for University In-State • $28,000 for UniversityOut-of-State • $36,000 for Private University Source: CollegeBoard.com
Tuition & Fees In State: $6,600 - $8,300 Non-State: $24,700 Room & Board $ 9,000 Books & Supplies: $1,700 Medical: $1,800 Transportation: $1,000 Personal: $1,500
Sources of Aid Institutional (Varies by School) Government Federal & State Private Agencies
Who Can Apply • Have a high school diploma or a General Education Development (GED) certificate • Are working toward a degree or certificate in an eligible program • Are a U.S. citizen, U.S. Permanent Resident with an Alien Registration Card, or an eligible non-citizen (refugee, asylum granted) • Have a valid Social Security Number
Access to Financial Aid? • FAFSA – Free Application for Federal Student Aid (Federal government, state agencies, schools, and some scholarship agencies use this to find out how much and what kind of aid you are eligible to receive.) • Government’s way to get a snap shot of your finances • You and Your parent’s income • Saving and Investment • Benefits • State Tax Rates
FAFSA Online! • We recommend that you apply online at www.fafsa.ed.gov • Get your PIN Number • The online FAFSA is processed in a few days; the paper FAFSA takes several weeks to process • Check with each College/University about their Priority Dates to get the best aid NOTE: You must submit a new FAFSA application each academic year (each student who is applying for federal aid)!
Student Aid Report (SAR) • SAR: Student’s FAFSA Results -Sent to the student by e-mail or regular mail. -Retain documents/emails for your records • EFC: Expected Family Contribution -This score will be reported to your College/University
Required Documentation • Check with each school’s Financial Aid Office about : • The documentation they require from you (ask if they require another application form or the CSS Profile) • Deadlines • Each school is different!
Formula for Financial Need • COA: Total cost of attendance to attend an institution for an academic year (varies by school) • EFC: Expected Family Contribution score from the FAFSA. COA – EFC = Need* *This amount will vary at each schoolSome universities offer more aid than others.
Types of Financial Aid Gift (Free) Aid • Grants • Scholarships Self-Help Aid • Work-study • Loans
Get Organized • Research scholarships for which you match the criteria • It is NEVER too EARLY to start researching scholarships • Avoid companies/organizations which require a fee and guarantee scholarships • Keep a calendar of scholarship deadlines • Postmark v. Received • Keep a notebook of the scholarships you want to apply along with the contact information, requirements, application instructions
Get Prepared – Portfolio • Wisely choose who will write your recommendation letters • Write an essay about yourself, your accomplishments, your strengths, your goals and how you will achieve them • Develop and update your resume • Request official transcripts with ample time to make the deadline • Get a good photo of yourself that shows your maturity and professionalism
Get More Organized • Order ample transcripts • Save money for • Transcript Fees • College Admission Fees • Scholarship Application Fee • Postage and mailing
The Application Review • Elimination of incomplete or late applications • Elimination of applications that do not meet the eligibility criteria • Judging & Selection • Review Essay, Letter of Recommendation and Resume • Looking for examples of leadership, commitment, drive and motivation, and ability to remain focused on goals despite obstacles and changes in life
Scholarships • Can be based on financial need, affiliation, community service and/or academic achievement • Many Sources • - SHPE, HCF, UNCFSP • - Coca-Cola, Target • - Universities
Show Me The $$$$$$ • SHPE Offers • Scholarships • Scholar-Internships • Internships
AHETEMS Scholarships • AHETEMS Scholarship Program • AHETEMS General Scholarships • AHETEMS Professional Scholarships • AHETEMS Intern-Scholarship Program • SHPE/CDM Intern-Scholarship • NASA/MUST Intern-Scholarship • SHPE/Freeport McMoRan Intern-Scholarship • AHETEMS Named Scholarships • AHETEMS/ExxonMobil Scholarships • AHETEMS/U.S. Steel Corp. Scholarships • AHETEMS/Verizon Scholarships • AHETEMS/Kellogg Scholarships • AHETEMS/Northrop Grumman Scholarships
Deadlines - Permanent • February 1 Internships • Internships • NASA-MSFC, Dept. of Energy, Dept. of Transport. • Scholar-Internships • NASA MUST, CDM, FMCG • April 1 AHETEMS Scholarships • July 1 Academic Excellence & Leadership Award
Thanks for Your Attention… Questions?
AHETEMS Advancing Hispanic Excellence in Technology, Engineering, Math and Science Rafaela Schwan, M.S. Gary A. Cruz, M.S., abd. Director of Programs Asst. Director of Programs Luis Mendoza Berenice Rodriguez K-12 & Curriculum Coordinator Higher Education Coordinator The University of Texas at Arlington 416 Yates Street, room 609 College of Engineering, Box 19019 Arlington, TX 76019 (817) 272-1116 www.ahetems.org