FINANCIAL AID
PLANNING FOR COLLEGE COSTS
College can be affordable- the key is good planning.
Don’t rule out college because of costs. Financial aid is available which can provide money to help pay tuition and fees, room and board, meals, books, personal expenses, etc
When should you apply? As soon as you receive information in the fall of your senior year. Watch DEADLINE DATES! Be on the alert for FAFSA materials, usually available in December.
TYPES OF FINANCIAL AID
GRANTS - Based on financial need and do not have to be repaid.
LOANS – Available for students and parents. Student loans are low interest, repayment does not begin until 6 months after graduation. Payback duration up to 10 years.
WORK STUDY - Student employment program; work part time for the college.
SCHOLARSHIPS - Usually designated for good academic ability (merit based), athletic skills, other special talents; do not have to be repaid.
For help in researching and applying for financial aid and scholarships, students and parents are encouraged to make an appointment with Mrs. Garland, the College and Career Information Coordinator.