Financial Aid Essentials

FINANCIAL AID: The Essentials and then some….

Financial Aid ,[object Object],[object Object],[object Object],[object Object],[object Object]

Goals of Financial Aid ,[object Object],[object Object],[object Object]

Before you begin…. ,[object Object],[object Object],[object Object],[object Object]

Merit-Based Aid vs. Need-Based Aid ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Filing for Aid ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

What Is The FAFSA? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Whose Information is on the FAFSA? ,[object Object],[object Object],[object Object],[object Object]

Conditions to determine independency ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

How/When to File the FAFSA? ,[object Object],[object Object],[object Object],[object Object],[object Object]

FAFSA On The Web ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Filing The FAFSA ,[object Object],[object Object],[object Object],[object Object],[object Object]

Financial Need ,[object Object],[object Object],[object Object]

Financial Need ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

What Is The EFC? ,[object Object],[object Object],[object Object],[object Object]

How Is The EFC Calculated? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Learn more about how the EFC is calculated ,[object Object],[object Object],[object Object],[object Object]

Institutional Methodology ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Help! Sources of Aid ,[object Object],[object Object],[object Object],[object Object],[object Object]

Federal Aid ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Federal Aid ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Federal Campus-Based Aid ,[object Object],[object Object],[object Object],[object Object]

Federal Stafford Loan ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Federal ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

State ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

College/University ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

College/University ,[object Object],[object Object],[object Object],[object Object],[object Object]

Outside Sources ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Comparing Aid Offers $4700 $4700 $4000 $1900 PA State Grant $3940 $440 $3140 $0 Unmet Cost (Cost – aid) $3940 $440 $3140 $0 Unmet Need (excluding Unsub Stafford) $20000 $4500 $0 $0 Institutional Grant $2000 $2000 $2000 $0 Stafford Loan - Unsubsidized $3500 $3500 $3500 $2240 Stafford Loan - Subsidized $2500 $1500 $1000 $0 Work Study $3000 $2000 $2000 $0 Perkins Loan $3000 $2000 $0 $0 SEOG Grant $2360 $2360 $2360 $2360 PELL Grant $43000 $21000 $16000 $6500 NEED $2000 $2000 $2000 $2000 EFC $45000 $23000 $18000 $8500 COST School D School C School B School A

Comparing Aid Offers $1400 $1100 $600 $0 PA State Grant $12600 $10000 $10000 $6500 Unmet Cost (Cost – aid) $2600 $900 $0 $0 Unmet Need (excluding Unsub Stafford) $21000 $2000 $1900 $0 Institutional Grant $2000 $2000 $2000 $2000 Stafford Loan - Unsubsidized $3500 $3500 $3500 $0 Stafford Loan - Subsidized $2500 $1500 $0 $0 Work Study $2000 $2000 $0 $0 Perkins Loan $0 $0 $0 $0 SEOG Grant $0 $0 $0 $0 PELL Grant $33000 $11000 $6000 $0 NEED $12000 $12000 $12000 $12000 EFC $45000 $23000 $18000 $8500 COST School D School C School B School A

Comparing Aid Offers ,[object Object],[object Object],[object Object],[object Object],[object Object]

Don’t Forget! ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Financial Aid Essentials

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