2. Financial Aid – is money used to help pay for college tuition and room &
board
Variety of financial aid tools available to students
Scholarships
Need-based awards
Work-study employment
Student loans
Private loans
FAFSA = Free Application for Federal Student Aid
FAFSA is your starting point to apply for many student financial aid
programs
FINANCIAL AID
3. Grants—student aid funds that do not have to be repaid (other conditions
apply)
Work-Study—a part-time work program to earn money while you are in school
Federal Loans—student aid funds that you must repay with interest
Types of federal student loans:
Perkins
Direct Stafford
Direct PLUS (graduate and professional degree student borrowers)
Direct PLUS (parent borrowers)
Direct Loan Consolidation
FINANCIAL STUDENT AID PROGRAMS
4. Prepared to provide extensive information about:
Family income & income taxes from the previous year
Assets
Family size
The number of family members attending college
By law, the FAFSA cannot be submitted before January 1
Gather the paperwork and fill out the FAFSA in December
Student aid is generally awarded on a first-come, first-served basis
FINANCIAL AID
5. FAFSA form should be submitted by February 15
Each state varies on the due date
Parents need to do taxes early – ideally by February 1st
Parents can estimate taxes to fill out the FAFSA form earlier than filing taxes,
but can change figures later after filing
Don’t let tax filing hold up filling out the FAFSA on time
Qualify for State Grants – released by March 15th
Parents & students should apply for FAFSA Pin Numbers separately to
speed the process up
FINANCIAL AID
6. If you are married and file separately then file the FAFSA form with the
parent with the lowest income
Student must be status – FULL time always
List as many schools as possible
Sign up for loans and work study
FINANCIAL AID
8. Get free information and help from:
School counselor
Financial aid office at the college/university
Career school you plan to attend
U.S. Department of Education at www.fafsa.gov (online chat is also
available), or call 1-800-4-FED-AID (1-800-433-3243).
Visit the Financial Aid office of the colleges you tour
Speak with an advisor to learn what the college can do for you to help
with tuition
FINANCIAL AID RECOMMENDATIONS
9. Learn the college deadlines for filing aid
Book Recommendation - "A Road to Success: The College Preparatory &
Planning Guide“ - www.aroadtosuccessthebook.com
FINANCIAL AID RECOMMENDATIONS
10. “Prepare for the college
scholarship search early. Do not
wait until your senior year.”
(www.scholarshipworkshop.com)
SCHOLARSHIPS
11. “Start early and work diligently
and it will pay off. “
(www.scholarships.com)
SCHOLARSHIPS
12. Are a form of gift aid, which means that they do not require either
repayment or work
Most scholarships are based on:
Academic achievement
Leadership
Community service/Volunteer work
Special talents
Financial need
SCHOLARSHIPS
13. Scholarships internal to the university or college
Local & Regional
Not found as easily through an Internet search
May be easier to win because the applicant pool is smaller
National
Harder to win due to greater competition
Use a combination of resources to find as many scholarships to apply for
as possible
SCHOLARSHIP CATEGORIES
14. Community Organizations
High school guidance counselors office
Private Organizations/agencies
Private Donors
Your parent’s companies/employers
Local Library
Academic units – college & universities
Internet/search Web sites
Church
Family Military Affiliations
SCHOLARSHIPS RESOURCES
15. Never too early to find college scholarships
Look at scholarship requirements and familiarize yourself with the
requirements that will be required to complete the application process
Know FAFA form deadline
Discuss with parents financial situation for college
College tuition cost is on the rise
“College is a choice now a days”
“College may become a luxury for the few”
SCHOLARSHIPS
16. Decide on a college major because some scholarships are geared to
specific majors
Start and maintain good grades in high school
Frequently requested documents include:
Transcripts
Financial aid forms
SAT and ACT scores
Copies of tax returns
Résumés
Letters of recommendation
Develop relationships with teachers, work supervisor, etc.
Photographs
SCHOLARSHIPS
17. Know scholarship deadlines and due dates
Work on Community Service/Volunteer Work
Track hours
Retain list of projects and outcomes
Compile Awards List
Join school Clubs/organizations
Athletic talent and activity
SCHOLARSHIPS
18. Use social media to get information on scholarships
Interact with other students for information
Spend hours on the computer going through websites of scholarships
Check in with the school guidance counselor for information about
scholarships but don't depend on them to do the work for you
Reach out to your parents to check their company scholarship for employee
children and any organizations that they belong to
SCHOLARSHIP
19. Follow the guidelines; do not provide extra documents
Type the application form
Don't use fancy fonts! - stick with standard business fonts like Times New
Roman or Arial
Legibility and neatness are extremely important!!!
Your application can be eliminated if it cannot be easily read
SCHOLARSHIPS
20. Put your name on every page of the application
Make copies of the application form so that you can create a working
draft
Use that draft to complete the final application form
Answer every question
SCHOLARSHIPS
21. Its more than your SAT scores:
Scholarship programs look at
Community activities
Leadership
Presentation of your application package
Scholarship interview tips
Special or unusual talents or skills
Essays
Check, check, and recheck for typos
Simple errors on scholarship applications will remove you from the
competition
Make a complete copy of the application before you submit it
SCHOLARSHIPS
22. Not following directions
Not paying attention to the deadline and missing it
Not typing your application or sending in a sloppy application
Forgetting to spell check and to proofread after you spell check
Not including information such as a transcript or recommendation
Not answering the essay question or another question asked.
SCHOLARSHIPS COMMON MISTAKES
23. What you can do in preparation:
Achieve good grades
Volunteer for community service projects
Get involve with school activities
Research colleges/universities
Research majors
HIGH SCHOOL FRESHMEN
24. What you can do in preparation:
Research local & national scholarships available
Research high school specific scholarships offer
Prep for SATs & ACT tests
Develop a timeline/calendar to log scholarship deadlines
Scholarship name
Due Date
Back up due date (six weeks ahead)
Requirements of scholarship (application, transcript, essay, references)
Maintain or improve grades
HIGH SCHOOL SOPHOMORE
25. What you can do in preparation:
Write generic essays (250 -500 words)
Ex. Where do you see yourself in 10 years?
Compile a list of essays you are eligible for
Prepare a resume of your life
This can be given to those who are selected to write letters of recommendation
Maintain or improve grades
HIGH SCHOOL JUNIOR
26. Your life, challenges or obstacles you’ve overcome, a risk you have taken,
family, etc. and how it influenced the person you are today
Something in the news domestically or internationally and how it relates your
career decision, college selection, you as a person, etc.
Who you are ~ hobbies, sports, accomplishments, etc. and the value it would
add to others. You may want to have both a written essay and a video profile
of who you are. Be creative, but keep it professional.
Describe a fiction character, historical figure or a creative work (art, music,
technology, etc.) that’s had an influence on you
SCHOLARSHIPS ESSAY TOPICS
27. What you can do in preparation:
Write several DRAFT essays that can be tweaked for any purpose (250 – 500
words)
Request letters of recommendation (at least 3) from your strongest
cheerleaders (Teachers, Coaches, Counselors, Administrators, Community
Leaders, etc.) prepped and ready to submit with applications
Fill out applications ahead of time
Work hard in August, September and October
Some scholarships are due in September & October
Need access to computer & internet
Most applications are online submittals
Apply to scholarships for your list of targeted schools
Maintain good grades
HIGH SCHOOL SENIOR
28. Jackie Robinson Foundation Scholarship Award (http://www.jackierobinson.org/)
Provides scholarships of up to $7,500 annually to minority high school students
showing leadership potential and demonstrating financial need to attend an
accredited 4-year college or university of their choice
Eligibility
To be eligible for a Jackie Robinson Foundation Scholarship, an applicant must:
Be a graduating, minority high school senior;
Plan to attend an accredited and approved four–year institution within the United States;
Show leadership potential;
Demonstrate a dedication to community service;
Present evidence of financial need;
Be a United States citizen;
A minimum SAT score of 1,000 combined on the math and critical reading sections or a composite
ACT score of 22; and
Not possess a degree from a 2 or 4–year College when applying for the scholarship.
EXAMPLE
29. JRF Application Components:
A completed and submitted online application
One (1) letter of recommendation submitted online only
SAT or ACT scores sent to the Foundation directly from the testing agencies
The Foundation’s college codes are: SAT 4248/ACT: 6570
You will need to have a copy of your SAT or ACT scores and your latest high
school transcript in order to complete the questions on the online application
EXAMPLE
30. Build a file on scholarship information & copies of your applications
It can be physical such as files in a file container
Scan in physical copies of packets and store electronically
It can be electronic such as a word document file on your computer
Back up electronic copy file on a flash drive or external hard drive
Develop a year round calendar
Do your research before your senior year in high school
Make sure your application is professional and compelling!!!
SCHOLARSHIP RECOMMENDATIONS
31. Work on general essay topics
Develop leadership experience
Volunteer in the community
Know the process is ongoing
Do not ignore scholarships that may be local or those for small amounts
Scholarship amounts, even as small as $50, can add up
SCHOLARSHIP RECOMENDATIONS
32. Make a copy of the letter of recommendation before submitting the
scholarship packet
Send thank you notes to the people who wrote letters of recommendation
SCHOLARSHIP RECOMMENDATIONS
That way, when January 1 rolls around, students are ready to submit the application.
So the more time that passes after the January 2 start date, the higher the risk of missing out on available funding
Essays are important in demonstrating need also
To allow time to get an application completed
Letter of recommendations: Ask your pastor, principal, teachers, supervisors, coaches, community leaders you worked with
Letters from senator can work against you; looks like favoritism
No family members or personal friends
That way someone else can use it for reference for you at another time