Transcript

The Financial Aid Overview

EFINANCIAL AID OVERVIEW FOR HIGH SCHOOL SENIORS Applying for Financial Aid is a top priority for high school seniors. Many final year high school students rely on this free money for everything from tuition to books to housing. f So what are the best ways to get it? Enrollment Rate in Higher Education United States Bureau of Labor says, in 2012, 66.2% high school graduates were enrolled in institutes of higher education. Among them, 6 out of 10 students attended 4 - year colleges or Universities. 2012 66.2%) Steps for Application Complete the Free Application for Federal Financial Aid (FAFSA) form and enter the code of your preferred college to show where the money will go. Check the deadlines for Once you are accepted to certain Universities, inquire about scholarship opportunities. private financial aid including scholarships and grants as work study opportunities on and off campus. Apply for your chosen colleges. as LAST DATE You can find and submit this form online at fafsa.ed.gov. QFIND SUBMIT About FAFSA 01 each year The US Department of Education provides On January financial aid. Most college deadlines for FAFSA are the middle or end of February. $150 billion other related expenses. More than in financial aid is awarded to college students for tuition, books and Qualify for FAFSA You should have a high school diploma. Alternatively, you need a GED or the equivalent to get federal financial aid. You must have entered an eligible program in an institute of higher education and pursue a degree or certificate course. You should be a United States citizen with a valid social security number or an eligible Non-US Citizen. To prove your need you must produce your last year's tax return to FAFSA. tax Eligibility for Non-US Citizen Be a conditional permanent resident of the U.S. Should have a (1-551C). Permanent Resident Card, which is often called a "Green Card." Other eligible non-citizens will have an Arrival-Departure Record (I-94), from the Department of Homeland Security. To apply for federal student aid, you must enter your eight or nine digit Alien Registration Number (ARN) on the application. Basic Types of Financial Aid Federal Pell Grant State grants Scholarships available privately or from federal resources for Federal Supplemental Education; Opportunity Grant students who score well on their SAT and/or ACT :Federal Work Study Federal Stafford Loan Federal Perkins Loan PLUS Loan Aid for Military Families and Students Reserve Officers' Training Corps (ROTC) Scholarships based on merit. Department of Veterans Affairs (VA) Education Benefits for service members, disabled veterans and their families. Iraq and Afghanistan Service Grant or Additional Federal Pell Grant Funds. Limited Interest Rates and Suspended Accrual of Interest as well as Deferment of Student Loans. The financial aid process for high school seniors is well worth the effort. Also remember you must complete a new FAFSA each year to get this free money for college. Designed by : SO SCHOLARSHIPS & GRANTS InfoGraphic Copyright © SCHOLARSHIPSANDGRANTS.US DESIGN TEAM

The Financial Aid Overview

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The complete overview of the financial aid process, scholarships and grants for High School seniors.

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Education
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