Avoiding Scams Before you apply for financial aid, learn how to spot potential fraud, avoid paying for free services, and prevent identity theft. Save Your Money: Don’t Pay for Help to Find Money for CollegeTry These Free Sources of InformationDon’t Pay for the FAFSA® Save Your Identity: How Does Identity Theft Happen? Types of Aid Financial aid is money to help pay for college or career school. Aid can come from Besides financial aid, you also should think about what you can do to lower your costs when you go to college. “Types of Federal Student Aid” Video Resources The office of Federal Student Aid provides publications, fact sheets, online tools, and other resources to help you prepare and pay for college or career school. Our resources are grouped by the following topics: Information on College Preparation and the Federal Student Aid ProgramsFree Application for Federal Student Aid (FAFSA®) InformationLoan InformationConsumer Protection Hard copies of many of the publications are available for order from the U.S. Department of Education’s Publication Center (www.edpubs.gov) or by calling 1-877-4-ED-PUBS (1-877-433-7827).
Choose a student loan Federal Loan Options Federal student loans almost always cost less and are easier to repay than private loans. You must complete the Free Application for Federal Student Aid (FAFSA) to be eligible for federal student loans. Perkins Loans Subsidized with a fixed 5% interest rate, administered through your school, and awarded based on financial need Financial Aid Can Help You Afford College With financial aid, many students who can’t afford the full cost of college are able to earn their degrees. In fact, most full-time college students receive some type of financial aid. Financial Aid Defined Financial aid is money that the government and other organizations give you or lend you so you can pay for college. To qualify for financial aid, you have to apply.
A Parent's Guide to Financial Aid Your child is worried about getting into college—but you're probably more concerned about paying for it. Here's the good news: there is plenty of financial assistance for families paying for college. You just need to know how to get it. Financial Aid Shopping Sheet This Web page provides students, families and institutions with resources and background about the development and adoption of the Financial Aid Shopping Sheet. The Shopping Sheet was previously referred to as the Model Financial Aid Offer Form and Know Before You Owe. The Financial Aid Shopping Sheet (PDF) is a consumer tool that participating institutions will use to notify students about their financial aid package.
State & Regional Associations NASFAA works in partnership with six regional associations of financial aid administrators to deliver excellence in student aid administration. These regional associations in turn work closely with state associations representing all 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands and the Pacific Islands. While we work at the national level, state and regional associations play an important role in advocating for and serving students in their communities. Gap year students or individuals choosing to defer applying to college rather than immediately transitioning after high school graduation are not eligible to use NACAC's Request for Application Fee Waiver Form. NACAC recommends that prospective students in these categories contact the admission office of the institution(s) to which they are seeking admission regarding an institutional fee waiver. If you are a transfer student, see the Transfer Fee Waiver. Students must complete the student section in its entirety.
MI Student Aid - Michigan Postsecondary Handbook Michigan Postsecondary Handbook The Michigan Postsecondary Handbook contains current information on admission requirements, campus characteristics, program offerings, and application procedures for each college and university in Michigan, as well as information pertaining to the various private occupational schools that are licensed or approved by Michigan agencies. Information for these occupational programs was provided by the Michigan Departments of Education, Licensing and Regulatory Affairs, and Transportation. Advanced Placement and Dual Enrollment program information is also provided. This comprehensive source of important information will assist a variety of professionals working with secondary, postsecondary, adult and continuing education students and their families. It is our hope you find this information useful as you assist students in obtaining their goal of a higher education.
Financial Aid Award Letter – Understanding Award Letters Find out how much financial support the school will give you for the coming year. After a college accepts you, you'll receive a letter that outlines how much the school will cost and what kind of financial aid package you'll receive — including federal, state, and school sources. There’s no standard format for schools’ award letters, but they contain the same overall information: How much your year in college will cost The financial aid package that the school is giving you What portion your family is expected to contribute Any gap you’ll have to make up through other sources It may be your first time evaluating an award letter but don’t worry.
Checklists for Academic and Financial Preparation Students, “college prep” is about more than the classes that you take. It’s also about developing the skills that will help you succeed in college and life. For instance, as you balance studying and having fun, you’ll be practicing time management; and as you save for college, you’ll be learning money management. Our checklists suggest these and many other steps you can take, as well as websites you can explore, as you prepare academically and financially for college. Parents, each checklist—from elementary school through high school—includes items for you, such as how to support your child in his or her studies, where to set up a college savings account, and what to do when it’s time to apply for financial aid. Adult students, we’ve got a checklist just for you so that you can skip all the information about what classes to take in high school and get straight to exactly what you need.
Sample Award Letter Sunday, March 13, 2016 Accepted Student 400 Heath Street Chestnut Hill, MA 02467 Dear Student: Congratulations on your acceptance to Pine Manor College! We are pleased to offer you the following financial assistance for the 2010-2011 academic year based on your status as a full-time student living On Campus.