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College Financial Issues

College Financial Issues?

  • You don't have to be rich to attend
     
  • What if financial aid is Not Enough
     
  • What is Financial Aid
     

What is Financial Aid?
The money that is supplied by some source of outside the family to help pay for the cost of a student's education beyond high school. Listed below are the categories, types and sources of financial aid.

CATEGORIES

  • Need Based
     
  • Non-Need Based (Merit)

TYPES

  • Grants and Scholarships
     
  • Loans
     
  • Student Employment

SOURCES OF FINANCIAL AID
 

  • Federal
     
  • State
     
  • Institutional
     
  • Private

Financial Aid Do's!
 

  • Learn all you can about financial aid.
     
  • Research all possible sources of financial aid.
     
  • Create a plan of action early on.
     
  • Request college admissions & financial aid information from the school you wish to attend.
     
  • Know when financial aid applications are due.
     
  • Know who or where to submit financial aid applications to.
     
  • Complete entire application accurately & Legibly.
     
  • Mail financial aid application before the deadline to ensure prompt processing.
     
  • Respond promptly if asked for additional information.
     
  • Keep a copy of your records of everything you send out!
     
  • Ask questions when you are unsure!
    (A misunderstanding can cost you money and possibly financial aid.)

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