The Quest for Financial Aid

1
The Quest for Financial Aid

• Grants, Loans, and Scholarships

2
www.fafsa.ed.gov

• Not www.fafsa.com
• Gatekeeper for all Financial Aid
• Grants Monies that are not paid back
• Loans Monies that are paid back.
• (Sometimes interest can be deferred until the
  student graduates)

3
www.fafsa.ed.gov

• Items needed to fill out FAFSA
• Income Tax forms for parents and students
• PIN numbers (to electronically sign forms)
• Email address
• Drivers license number
• Parents Social Security Numbers
• Alien Registration Number if you are not a US
  citizen.
• Records of untaxed income Social Security,
  Temporary Assistance to Needy Families, Veterans
  benefits
• Information on savings, investments, and business
  and farm assets.

4
Applying for a PIN

• Go to www.pin.ed.gov
• Apply at least 3 days before you fill out the
  FAFSA.
• Must have an Email address.
• Both Students and Parents will need a PIN.
• Once you have your PIN, dont lose it. You can
  make changes to your FAFSA if needed.

5
www.fafsa.ed.gov

• Timeline to apply
• Early Spring
• As soon as taxes are done!

6
Whats so great about doing the FAFSA online?

• Its quick.
• Its easy.
• Its accurate.
• It notices when you put answers down that dont
  match.
• Its safe.

7
FAFSA Problems

• Waiting to the last minute to fill out the FAFSA
• Long lines in Financial Aid
• Students may not have their money in place to
  start to college
• Parents upset
• Students upset
• Financial Aid staff upset because FAFSAs were
  not done on time.
• Too many withdrawals!

8
Competitive Scholarshipsand where to find them!

• Guidance Counselors
• Best source
• Places to find scholarships
• Places you shop
• Civic Organizations
• Military
• Banks
• Insurance Agencies

9
How to make your scholarship application stand
out among the crowd!

• Do more than expected!
• Create a resume
• Using resume grade paper make your application
  stand out.

10
Helpful Hints

• Keep copies of all submitted documents
• File your FAFSA on-line
• Apply for your PINs early
• Keep all documents concerning Financial Aid in a
  Folder or File
• Watch for Deadlines!

11
(No Transcript)
12
(No Transcript)