Financial AidFinding Funds for College – Information for AHS Seniors
Finding a way to fund your college education can be tricky, but it IS possible. Included in this packet are general terms and information to help guide you along the way. Jennifer Marsden and the ASPIRE program team are available in the counseling office to give you the hands on help you need.
Free Application for Federal Student Aid (FAFSA)
FAFSA Interactive Guide
Please visit http://www.bestcolleges.com/financial-aid/fafsa/
for an interactive guide of understanding the FAFSA, and an overview of how it works and the step-by-step process in applying. Please note, this is not the 2015 application, it is only an interactive guide.
The FAFSA is an online application which calculates the family’s and/or student’s Expected Financial Contribution
(EFC) to college costs. The FAFSA determines whether you are eligible for the federal Pell Grant, and the Oregon Opportunity Grant. The FAFSA application can be submitted online beginning Jan 1st
– complete it as soon as possible to guarantee you receive aid for which you qualify. To get an estimate of your family’s EFC, you can use the FAFSA4caster at www.fafsa.ed.gov
- All families are encouraged to fill out the FAFSA, regardless of income. Many scholarships (even the merit based ones), and student and parent loans require a completed FAFSA. A FAFSA can be filled out prior to a family filing their taxes; estimated income can be used in the interim.
- If a student has special circumstances, such as being homeless or not living with parents, they can see Jen Marsden in the ASPIRE office for assistance.
- Before you start your FAFSA get a PIN. Your PIN is a 4-digit number that is used in combination with your Social Security Number, name, and date of birth to identify you as someone who has the right to access your own personal information on the FAFSA website. Go to the Federal Student Aid PIN Web site at www.pin.ed.gov to apply.
- Make sure to apply for your FAFSA at the official government site at www.fafsa.ed.gov. Other sites are not secure, and often charge fees to complete the application. Never pay to complete the FAFSA!
- When you file the FAFSA, your financial information is submitted to the Oregon Opportunity Grant, a need-based grant only for Oregon residents going to Oregon schools.
- If you qualify for the Free and Reduced Lunch Program at AHS, you will most likely qualify for a Federal Pell Grant (maximum award: $5,645) and the Oregon Opportunity Grant (maximum award: $2,000) for a total award of $8,025. These are the amounts given to students attending a four year university. Grants are sometimes lower for two year community colleges, as tuition and fees are less at those schools. For more information see Jen Marsden in the ASPIRE office.
Attend the AHS COLLEGE FINANCIAL AID NIGHT
Financial Aid: General Terms
Tuesday, December 9th, 2014 7:00-8:30 pm
At AHS in the IVC (Interactive Video Conference Center)
– Determined by FAFSA &/or other statement of financial need
– Determined by other factors: talent, academics, interest, etc.
– Eligibility based on need (includes Pell Grant and Oregon Opportunity Grant)
– No repayment
– Eligibility based on EFC, remaining need, merit, or a combination
– No repayment
Federal and Private Student Loans
– May be listed as Financial Aid and must be paid back
– Must fill out FAFSA
– Awarded by the college using FAFSA
CSS/Financial Aid Profile
-- The College Scholarship Service Profile (CSS) is an application distributed by the College Board, primarily designed to give private member institutions of the College Board a closer look into the finances of a student and family. It is much more detailed than the FAFSA.