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College Financial Aid

College Financial Aid. What all college bound students need to know. Types of Financial Aid. Sources of Financial Aid. Gift Aid Grants Scholarships Self Help Study Work Study Loans. Federal State College Private Family. How to Apply for Financial Aid.

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College Financial Aid

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  1. College Financial Aid What all college bound students need to know

  2. Types of Financial Aid Sources of Financial Aid • Gift Aid • Grants • Scholarships • Self Help Study • Work Study • Loans • Federal • State • College • Private • Family

  3. How to Apply for Financial Aid

  4. Apply for Financial Aid Early • The first day you can apply for federal and state aid is--January 1st. • Students who apply near the end of the application timeframe will receive less money. • Apply Early!

  5. Pay Attention to the Important Deadlines • Most California public institutions, as well as some private institutions, use the March 2nd deadline as a “Priority filing” deadline for federal and state aid. March 2nd

  6. Types of Applications Necessary for Applying for Financial Aid • FAFSA: www.fafsa.ed.gov • Federal aid, some state aid, some campus based aid • CSAC GPA Verification: school provides • State aid (Cal Grants) • Private Applications • Private scholarships

  7. 2007-08 Application Timeline

  8. Financial Aid Application Advice for Students & Parents • Watch for filing deadlines • Apply early, and apply often • Keep photocopies and obtain certificates of mailing • Make sure at least one California school is listed on the FAFSA (questions #87-97) • Make sure the GPA Verification Form is signed and submitted to CSAC by the student’s high school

  9. Scholarships • A scholarship is money for college that you will not be expected to repay. • Designated for students who fit a particular profile (from the college's home state, holding a specified grade average, enrolling in a particular major or bringing special talent in athletics, music, and the like).

  10. Scholarships cont. • Other outside scholarships may be available to students whose parents work for a particular company or to students who are eligible for scholarships sponsored by church or club organizations. • Check with each college to see what scholarships are available. • Find out if any scholarships available through your company or community. • Ask your counselor for scholarship lists. • Perform searches on the Internet. • Pay attention to scholarship requirements and application deadlines.

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