Paying for college

Paying for college

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  Newport News LibrarySystem
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  Types of Funding Scholarships Federalfunding and loans Virginia funding Local stuff
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  Scholarships Need-based Based on income FAFSA Merit-based Basedon grades, test scores, specific awesomeness Big Future Scholarship Searc
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  Federal Financial Aid Grants:The Federal Pell Grant and the Supplemental Education Opportunity Grant, and others; Loans: Student and Parent loans; and Work-study: Opportunities at eligible colleges and universities.
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  What you’ll needto fill out FAFSA Your Social Security Number or Alien Registration Number (if you are not a U.S. citizen) Your most recent federal income tax returns, W-2s, and other records of money earned. You may be able to transfer your federal tax return information into your FAFSA using IRS Data Retrieval Tool. Any bank statements or investment An FSA ID to sign electronically.
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  FAFSA Deadlines They varyby state and school Hampton: February 15th 2018 CNU: Preferred, Dec. 15th ; final March 15th St. Leo: January 1st FAFSA forms are available as of Oct. 1 2017 You have to fill out a FAFSA each year you are in school to continue financial aid
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  Grants and Loans Grantsand Scholarships Don’t have to be paid back Can possibly have requirements (grades, public service) Loans Must be paid back Accrue interest
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  Award Letters “net price”is more important than “overall cost” The amount of money you receive in grants could decrease after freshman year The amount in that “work study” line? It’s not guaranteed income. You have to get the work-study job. Don’t take the school at face value in regards to your book and travel expenses If an extreme financial circumstance happens, let the school know.
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  Virginia Scholarships List ofVirginia Scholarships Virginia Tuition Assistance Grant Scholarships.com UNIGO
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  Scholarship Reference Books Scholarshiphandbook, College Entrance Examination Board Peterson's how to get money for college 1001 Ways to Pay for College Scholarships Binder at Children’s Desk
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  School-specific Scholarships These arescholarships available through the specific college or university you are applying to. National Buckeye Scholarship for non-Ohio residents Criteria: Those considered are non- Ohio residents who rank in the top 25 percent of their graduating classes and have an ACT composite score of 29 or higher or SAT combined Critical Reading and Math score of 1290 or higher.
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  Local Scholarships NNPS ScholarshipBulletins Churches, community organizations Foundations E.g. Anchor Foundation Scholarship $2000 one-time to $10,000 renewable Children and spouses of active duty retired and honorably discharged Surface Navy personnel See Website for eligibility checklist Dependent children must be pursuing a 4 year degree (BA or BS) at a 4 year college or university in the United States Selection based on: academic performance, character, extracurricular, financial need
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  Avoid Scams You don’thave to pay for help finding aid Don’t pay a fee to fill out the FAFSA If you receive loans, don’t pay a debt consolidator; you can do the following for free: Lower or cap your monthly loan payment Consolidate multiple federal student loans Postpone monthly payments while you’re furthering your education or are unemployed Change your repayment plan See if you qualify for loan forgiveness
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  Get Organized! Use Excelor Google Sheets Templates exist for College Apps and financial aid Use calendars/reminders to keep on top of deadlines
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  Get Organized! Checklists Calculators