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May 19 , 2013. Will you be ready?. HAVE YOU PREPARED???. FINISH STRONG THIS SEMESTER – ALL GRADES ARE IMPORTANT, SOME WILL SEAL YOUR FATE!! REGULAR ATTENDANCE IS IMPORTANT! POST HIGH SCHOOL EDUCATION APPLICATIONS? TRANSCRIPTS SENT? ACT TAKEN?. STILL PREPARING?.
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May 19, 2013 Will you be ready?
HAVE YOU PREPARED??? • FINISH STRONG THIS SEMESTER – ALL GRADES ARE IMPORTANT, SOME WILL SEAL YOUR FATE!! • REGULAR ATTENDANCE IS IMPORTANT! • POST HIGH SCHOOL EDUCATION APPLICATIONS? • TRANSCRIPTS SENT? • ACT TAKEN?
STILL PREPARING? • FAFSA NEEDS TO BE COMPLETED AS SOON AS POSSIBLE! • COLLEGE ADMISSIONS COMPLETED – February 1 priority deadline • COLLEGE VISITS • Financial Aid • Visit with Department of Major • Visit with academic adviser
TYPES OF AID • MERIT-BASED: SCHOLARSHIPS • NEED-BASED: GRANTS LOANS WORK-STUDY
SOURCES OF AID • FEDERAL: PELL GRANTS, WORK STUDY, STAFFORD STUDENT LOANS • STATE: FOR EXAMPLE, TEACHING, NURSING • INSTITUTIONAL: SCHOOL AWARD BASED ON ACADEMICS, ATHLETICS, ACTIVITIES, LEADERSHIP, ETC. • PRIVATE SCHOLARSHIPS: CHAMBER OF COMMERCE, LIONS CLUB, HAYSVILLE LIBRARY FOUNDATION
GOOD DEBT VS. BAD DEBT • In the 2007-08 academic year, the median debt load was about $7.960 for public institutions, $17,040 for private, not-for-profit institutions and $31,190 for for-profit institutions. The figures include students who graduated with no debt.
FEDERAL STUDENT LOANS • Anyone filing the FAFSA is eligible for Stafford Federal Student Loans • Subsidized loans • Interest waived until graduation • Unsubsidized loans • Interest charged quarterly
FAFSA: FREE APPLICATION FOR FEDERAL STUDENT AID www.pin.ed.gov www.fafsa.gov DO THE WORK ONLINE AS SOON AS TAXES ARE FIGURED AND SUBMIT IT!
NEED HELP????? • Attend College Goal Sunday on February 24 from 2-4 pm at Friends University • You and your parents should attend • Bring your completed 2012 taxes or all tax paperwork, and pin numbers (www.pin.ed.gov)
NEED MORE HEIP????? • Contact the financial aid office at the college or tech school you plan to attend. • Contact the counseling office. We can help you and have computers available. • Your teachers can help you. They are familiar with the FAFSA.
STILL NEED MORE HELP? • FAFSA help will be available in the counseling office on February 13 from 5-8 p.m. • Campus counselors will be available to help students and parents with their questions • Computers will be available for your use in getting your PIN numbers or filing your FAFSA forms.
Financial Need How determined? COA – EFC = NEED Cost of attendance includes – Tuition & fees Room & board Books & supplies Transportation MISC
COLLEGE AWARD LETTER • Letter will list amounts of aid being offered: • Scholarships • Pell Grant • Student Loans – subsidized, unsubsidized • Parent (PLUS Loans) • EFC • Total should equal COA
DECISION TIME!!! • It is your job to compare award letters from the schools to which you have been accepted and then make the decision that works best for you!!!! • The sooner you make a decision the less stress you will have!
DETAILS • KEEP COPIES OF EVERYTHING • PIN, FAFSA, SAR, Award Letters • DON’T BE AFRAID TO ASK FOR HELP • MAKE THE FINANCIAL AID OFFICERS AT YOUR COLLEGE WORK FOR YOU • FINAL DECISIONS NEED TO BE MADE AS SOON AS POSSIBLE
HOW TO KEEP YOUR COLLEGE COSTS DOWN • Borrow only what you need to cover the cost of your education • Make a budget to control your expenses • Consider working part time while taking classes, just do not overextend yourself – Work Study
WHEN IN NEED • TALK TO YOUR PARENTS, THEY CAN HELP YOU WITH THIS PROCESS • TALK TO YOUR COLLEGE FINANCIAL AID ADVISER • SEE ME FOR HELP, TRANSCRIPTS, OR ADVICE cvoss@usd261.com
WEB RESOURCES • www.ed.gov • www.kansasregents.org/financial_aid • www.finaid.org (free estimate) • www.hsf.net • www.kansasmentor.org • www.fafsa.ed.gov
MORE INTERNET HELP • www.actstudent.org • www.collegeboard.com • www.fastweb.com • www.anycollege.com • www.collegeview.com • www.financialaid.com • www.going2college.org