regional finaid aid nights, hs tour 2010

A UHEAA Presentation

People with a bachelor’s degree account for less than 12% of unemployment claims filed. Utah Department of Workforce Services Profiling Job Loss Through Initial Unemployment Claims July/August 2009

Senior Year Plan August

Scholarships Sign up for the ACT

August – December Apply for admissions Institutional scholarships Keep studying

January Prepare for the FAFSA

(www.fafsa.gov) January – March

Complete the FAFSA Keep studying!

Spring Admissions decisions College visits Financial aid award letter Decide which college to

attend Keep studying

Graduate from high school

Summer Orientation & registration

Types of Aid

Scholarships

Work-study Grants

Student Loans

Savings

Available Grants Pell

FSEOG

LEAP

TEACH

UCOPE

Scholarships

Institutional Merit Leadership Diversity

Academic Department

Private Community Service Heritage Interest/hobby basedEmployer

Preparing for Scholarships Deadline

Application

Essay

Letters of recommendation

Save outstanding writing assignments!

Scholarship Essays

Follow the directions Tailor your essay to the scholarship Be yourself, and be memorable Write about something you care about Give examples Be honest Spelling & grammar check (have two

readers)

Eight Tips from the Experts ACT efforts Get to know your recruiter Get involved Search beyond institutions Deadlines! Convince the committee that

you’re the perfect fit Show your plan for success Demonstrate your financial

backup plan

Other Scholarship Resources Institutional Ambassador Programs Resident Advisor AmeriCorps Fastweb.com UtahFutures.org College.ed.gov

April 21, 2010

New Century Scholarship- Overview

2010-2011 14

PurposeThis scholarship encourages

students to accelerate their education by earning an Associate’s degree in high school

BackgroundCreated in 1999Initiated by former Governor

Leavitt In the 11th year award cycle

New Century — Program Changes for 2011

April 21, 2010 15

Program ChangesClass of 2011

○ Must earn Associate’s degree by the date of high school graduationEarn a minimum 3.0 college GPA

○ Must have a minimum high school GPA of a 3.5

○ Home School StudentMust earn an ACT Score of 26 or

higher, score submitted by June 15

○ No criminal record○ Citizenship requirement

New Century — Application Timeline

April 21, 2010 16

Application Timeline for 2011 High School Graduates

Regents’ Scholarship - Overview

17

Established in 2008 Based on nationally-recognized foundational

core designed to help prepare students for college beyond high school graduation requirements

Fact: Students can qualify for 1, 2, or 3 of the awards. For example a student can qualify for the Base award only, Base and UESP, Base and Exemplary, or Base, Exemplary and UESP.

Regents’ — Application Timeline

18

A complete application file consists of: 1)The application itself which is submitted online2)Supporting documents which must provide evidence of what the student reported on the online application is true and accurate--these documents are mailed

Note: all deadlines are postmarked deadlines unless otherwise stated.

Scholarship Funding

April 21, 2010 19

Award Levels for College Academic year 2011 and beyondNew Century and Regents’ Exemplary Academic Achievement

Award will be a flat dollar amount to be paid in 4 installments.○ MAXIMUM award value of $1,250 a semester○ Award values may not always be the same for both programs

Regents’ Base Award: $1000Specific award amounts for the 2011-2012 college academic year

are estimated to be set in April 2011.

Please be advised: Award amounts are determined on an annual basis and are subject to legislative funding and number of qualified participants.  Therefore, award amounts may be reduced, may vary from year to year, and are dependent on when the recipient is enrolled in college.

Things to Consider…

April 21, 2010 20

Student should look to ALL financial aid opportunities

If possible diversify, rather than relying on one Other Financial Aid Options

Saving for College through the Utah Educational Savings Plan program

Work while attending schoolPrivate Scholarships/grants

--visit UtahFutures.orgFederal Financial Aid

○ Loans, Grants and Work Study

To access the scholarship information1.Higheredutah.org2.Click on “Scholarships”3.Click on the specific program that you want to access

21

Where to Find Scholarships Information

Scholarship Contact Information

April 21, 2010 22

New Centurynewcentury@utahsbr.edu801-321-7221

Regents’ Scholarshipregentsscholarship@utahsbr.edu801-321-7294 (students and parents)801-321-7159 (school personnel)

Work-Study

Work on or off of campus

Flexible work schedule What you earn won’t

count against you for next year’s financial aid

Have to apply Competitive

Student Loans Federal Loan Programs

Stafford Loan PLUS Loan Perkins

Private/Alternative Loans

Other Federal Aid Robert C. Byrd Honors Scholarship Program Corporation for National and Community Service U.S. Department of Veterans Affairs Reserve Officers Training Corps (ROTC) Bureau of Indian Affairs (BIA) Grants Vocational rehabilitation benefits U.S. Department of Health and Human Services

(HHS)

Savings Summer jobs Bank savings accounts

CD accounts

529 Savings Plans www.uesp.org

Secure Your Child’s Future with a Higher Education and the Utah Educational Savings Plan

Funds used for qualified higher education expenses Use funds at public, private, in-state, or out-of-state schools

Money grows federal and Utah state tax-free Utah state tax credit per beneficiary Vanguard, Utah Public Treasurer’s Investment Fund, and an FDIC-insured savings account held in a trust at Zions Bank

Get your child’s higher education started today!

Free Application for Federal Student Aid

FAFSA

Free Application for Federal Student Aid Required for all Federal Financial Aid

GrantsWork-studyFederal Loan Programs

Fill it out online at: www.fafsa.gov E-sign using a PIN!

Get yours at www.pin.ed.gov Available in English and Spanish

Ready, Set, FAFSA!

Collect your financial informationTax documentsBank account informationInvestment informationSocial Security Number or Alien Registration NumberIncome information

Fill out your federal income tax return Verification documentation

After the FAFSA

Ask about other formsContact the schools you are

interested in attending and find out what they require for a “complete application”

What if your situation has changed from last year? If you have

experienced…Parent lost a jobMedical expenses that

weren’t covered by insurance

Parents divorcedYou cannot get your

parents’ infoAny other unusual

changes

What if your situation has changed from last year? Contact the school’s financial aid office!

Check with your school about deadlines See if there is a deadline to file your information

Make sure you receive your financial aid before classes start

Meeting this deadline could also get you access to additional types of financial aid

Remember…You’ll need to file a new FAFSA every year. Make sure to get it in by the deadline

How much aid do you need?

School—Cost of Attendance (COA) Tuition and Fees Room and Board Transportation Books and Supplies Miscellaneous Living Expenses

FAFSA—Expected Family Contribution (EFC)

Financial Need

COA – EFC = Financial Need

Financial need is used to determine what types of aid you qualify for

EFC Estimate

www.fafsa4caster.ed.gov

How will you know? The school will send an award letter

Many times this is online, or through email

The award letter will explain what types of aid are available

Choose what aid you accept and let your school know

What should you do if you have any questions or problems? Contact the school’s financial aid office!

Find more information at

www.HigherEdUtah.orgwww.facebook.com/uheaawww.youtube.com/uheaawww.twitter.com/uheaa

UHEAA Outreach

Michelle Riddlemriddle@utahsbr.edu(801) 321-7145

Sumiko Martinezsmartinez@utahsbr.edu

(801) 366-8477Brian Hosiebhosie@utahsbr.edu(801) 321-7245

Steve Rogerssrogers@utahsbr.edu

(801) 366-8460

A UHEAA Presentation