regional finaid aid nights, hs tour 2010
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TRANSCRIPT
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
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Where to Find Scholarships Information
Scholarship Contact Information
April 21, 2010 22
Regents’ [email protected] (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 [email protected](801) 321-7145
Sumiko [email protected]
(801) 366-8477Brian [email protected](801) 321-7245
Steve [email protected]
(801) 366-8460
A UHEAA Presentation