170 likes | 290 Views
Paying For College: College Costs, Scholarships & Other Free Monies. Presented by: Julius M. Turner, MSPH February 18, 2006. Outline. FAFSA TOPS Scholarships Grants Loans Work Study. FAFSA. Free Application for Federal Student Aid
E N D
Paying For College:College Costs, Scholarships & Other Free Monies Presented by: Julius M. Turner, MSPH February 18, 2006
Outline • FAFSA • TOPS • Scholarships • Grants • Loans • Work Study
FAFSA • Free Application for Federal Student Aid • Required to receive federal aid at any undergraduate institution and TOPS • Deadline to file is May 1, 2006
FAFSA • Materials Needed to Complete • Income Tax Return • Parents’ Income Tax Return • Bank Statement • Investment Portfolio • School Codes
FAFSA • Types of Aid • Stafford Loans • Unsubsidized • Subsidized • Perkins Loans • Pell Grants • Work-Study
TOPS • Tuition Opportunity Program for Students • Four Types of Awards • Opportunity • Performance • Honors • Tech
TOPS • Opportunity Award • Minimum 2.5 GPA on Core Courses • Minimum 20 Composite ACT Score • Maximum Award: Tuition or Average Public School Tuition
TOPS • Performance Award • Minimum of 3.50 GPA • Minimum of 23 Composite ACT Score • Maximum Award: Tuition or Average Public School Tuition plus $400
TOPS • Performance (Alternate Criteria) • Minimum of 3.0 GPA and at least 10 Honors, Gifted, or AP Courses • Minimum of 24 Composite ACT Score • Maximum Award: Tuition or Average Public School Tuition plus $400
TOPS • Honors Award • Minimum of 3.5 GPA • Minimum of 27 Composite ACT Score • Maximum Award: Tuition or Average Public School Tuition plus $800
TOPS • Tech Award • Minimum of 2.5 GPA • Minimum of 17 Composite ACT Score • Maximum Award: Tuition • Must enroll in a vocational or technical training institution.
Scholarships • Types of Scholarships • Merit-Based • Need-Based • Other • Disability • Ethnicity • Concentration • Personal Characteristics
Scholarships • FastWeb.com • FinAid.org/scholarships • Scholarships.com
Grants • PELL Grants • SEOG Grants • Several other lesser known grants
Loans • Federal Loans • i.e. Perkins, Stafford • Private Loans • Chase • Hibernia • Sallie Mae • Nellie Mae • Others
Work-Study • Work Programs that supplement aid • Lessen the amount of a loan
Homework • Vocabulary Quiz (61-120) • Quote Recitation (4, 5) • Bring with you to class a photocopy of your Social Security Card, Immunization Record, Recent Photograph, Sealed High School Transcript, Copy of ACT Scores, Selective Service Registration (Males only), and a $20 Money Order