Lovington High School

Scholarship Workshop

What is Financial Aid?

anything related to the way you are paying for school. Loans, scholarships, grants, work awards, and any other resource you use are all considered part of your financial aid.

Financial Aid Defined…

Grants – FAFSALoans – various lendersWork Study – on campusScholarships

Financial Aid Elements

similar to scholarships in that you don't need to pay them back. Some grants may be connected to your course of study or allow you to do research while still having your financial needs taken care of.

Grant defined…

money your school (or a bank, or even a relative) is giving you but that you must pay back at some point. Some loans have no interest; some loans don't collect interest until you graduate; some loans have terms that are connected to your plans after graduation

Loan defined…

A Work-Study award is a form of financial aid. To qualify, a student must submit a current year Free Application for Federal Student Aid Form (FAFSA). It is based on need. It is not a loan. It is not a grant.

Work Study Defined…

money being given to you for your studies. You usually do not need to pay scholarship monies back. Scholarships can come from your school, an organization, or a contest.

Scholarship Defined…

Federal/State governmentVarious lenders – NM student loan

Local communityCivic organizationsColleges/University

Sources

studentaid.ed.gov fafsa.ed.gov college.gov collegeanswer.com collegeboard.com fastweb.com going2college.org mappingyourfuture.org

Check out These Websites:

Need based Non-need based Merit (ex. National Merit Scholarship) Community Service Organization/club membership Legislative Appointment Applications for Military Academies

Athletics/Music/Talent

Qualifications

Take ACT/SAT Scholarship Searches Apply for admission to colleges (By

December 1,2012) Submit 7 Semester Transcript by February.

Apply for admission to colleges by Dec.

1of Senior Year Or at college day. Apply for individual scholarships- Sept. to

July

Steps to take

Apply,Apply,

Apply!

Personal ResumePersonal EssayLetters of RecommendationTranscript copiesREGULARLY check with Counseling office.

Individual Scholarships

One pageHS activities, clubs, organizations

HS awards & recognitionsCommunity service activitiesWork history

Personal Resume

One page (one-inch margins/double spaced)

Brief introductionFuture career/ college plans Reasons for choosing college/career

Brief closing

Personal essay

3-5 referencesNo family membersTeachers, counselors, administrators, employer, pastor..

School/activity sponsors/ coachesCommunity sponsorsEmployersAsk no less than 2 weeks prior to deadline

Letters of Recommendation

Official (HS Office)Unofficial (Counseling)Keep 4-5 on hand Copies from counselorCounselor signature

Transcript copies

Plan to apply for 15-30 or more scholarships

TypedFollow directions precisely; answer all questionsAdhere to deadlines; be earlyKeep copies

Tips and suggestions

Thanks for Attending and

Good Luck!

Lovington High SchoolCounseling Department