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How Much Will It Cost? Average Cost per Academic Year $13,000 for Tech/Trade School $13,000 for a Community College $18,000 for University In-State $28,000 for University Out-of-State $36,000 for Private University Source: CollegeBoard.com
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SHPE AHETEMS, Inc:
Financial Aid - 101
Name of PresenterName of SHPE Chapter
Noche de CienciasLocation of EventCity, ST #Date#
Financial Aid = Money for College
Loans Financial Aid
Package
Work-Study
Scholarships
Grants
How Much Will It Cost?Average Cost per Academic
Year
•$13,000 for Tech/Trade School•$13,000 for a Community College•$18,000 for University In-State•$28,000 for University Out-of-State•$36,000 for Private University
Source: CollegeBoard.com
Room & Board$ 9,000
Books & Supplies: $1,700Medical: $1,800Transportation: $1,000Personal: $1,500
Tuition & FeesIn State: $6,600 -
$8,300Non-State: $24,700
Sources of Aid
Government
Federal& State
Institutional
(Varies bySchool)
Private
Agencies
Who Can ApplyHave a high school diploma or a General Education Development (GED) certificate Are working toward a degree or certificate in an eligible program Are a U.S. citizen, U.S. Permanent Resident with an Alien Registration Card, or an eligible non-citizen (refugee, asylum granted)Have a valid Social Security Number
Access to Financial Aid?FAFSA – Free Application for Federal Student Aid (Federal government, state agencies, schools, and some scholarship agencies use this to find out how much and what kind of aid you are eligible to receive.)Government’s way to get a snap shot of your finances
You and Your parent’s incomeSaving and InvestmentBenefitsState Tax Rates
FAFSA Online!We recommend that you apply online at www.fafsa.ed.govGet your PIN NumberThe online FAFSA is processed in a few days; the paper FAFSA takes several weeks to processCheck with each College/University about their Priority Dates to get the best aidNOTE: You must submit a new FAFSA application each academic year (each student who is applying for federal aid)!
Student Aid Report (SAR)SAR: Student’s FAFSA Results
-Sent to the student by e-mail or regular mail.
-Retain documents/emails for your recordsEFC: Expected Family Contribution
-This score will be reported to your College/University
Required DocumentationCheck with each school’s Financial Aid Office about : •The documentation they require from you (ask if they require another application form or the CSS Profile)•Deadlines•Each school is different!
Formula for Financial NeedCOA: Total cost of attendance to attend an institution for an academic year (varies by school)EFC: Expected Family Contribution score from the FAFSA.
COA – EFC = Need**This amount will vary at each
schoolSome universities offer more aid than others.
Types of Financial Aid
Gift (Free) AidGrantsScholarships
Self-Help Aid Work-study Loans
The Scavenger Hunt Begins…
Get OrganizedResearch scholarships for which you match the criteria
It is NEVER too EARLY to start researching scholarshipsAvoid companies/organizations which require a fee and guarantee scholarships
Keep a calendar of scholarship deadlines
Postmark v. Received Keep a notebook of the scholarships you want to apply along with the contact information, requirements, application instructions
Get Prepared – PortfolioWisely choose who will write your recommendation lettersWrite an essay about yourself, your accomplishments, your strengths, your goals and how you will achieve themDevelop and update your resumeRequest official transcripts with ample time to make the deadlineGet a good photo of yourself that shows your maturity and professionalism
Get More OrganizedOrder ample transcripts
Save money for Transcript FeesCollege Admission FeesScholarship Application Fee
Postage and mailing
The Application ReviewElimination of incomplete or late applicationsElimination of applications that do not meet the eligibility criteriaJudging & Selection
Review Essay, Letter of Recommendation and ResumeLooking for examples of leadership, commitment, drive and motivation, and ability to remain focused on goals despite obstacles and changes in life
ScholarshipsCan be based on financial need, affiliation, community service and/or academic achievementMany Sources- SHPE, HCF, UNCFSP- Coca-Cola, Target- Universities
Show Me The $$$$$$
SHPE Offers
Scholarships
Scholar-Internships
Internships
AHETEMS ScholarshipsAHETEMS Scholarship Program
AHETEMS General Scholarships AHETEMS Professional Scholarships
AHETEMS Intern-Scholarship ProgramSHPE/CDM Intern-ScholarshipNASA/MUST Intern-ScholarshipSHPE/Freeport McMoRan Intern-Scholarship
AHETEMS Named ScholarshipsAHETEMS/ExxonMobil ScholarshipsAHETEMS/U.S. Steel Corp. ScholarshipsAHETEMS/Verizon ScholarshipsAHETEMS/Kellogg ScholarshipsAHETEMS/Northrop Grumman Scholarships
Deadlines - PermanentFebruary 1 Internships
Internships • NASA-MSFC, Dept. of Energy, Dept. of
Transport.Scholar-Internships• NASA MUST, CDM, FMCG
April 1 AHETEMS Scholarships
July 1 Academic Excellence & Leadership Award
Recommended Web sitesScholarships/Programs for Hispanics
hispanicfund.org
hsf.net hispanicheritage.org
thesalliemaefund.org/smfnew/ hispa.orgscholarshipsforhispanics.org LatinoCollegeDollars.orgmaldef.org (Esp. for non-US citizens)
www.egr.uh.edu/promes/?e=camps April 15 (engineering)68.236.165.90/index/ April 6 (medicine)engineering.cornell.edu/catalyst/ April 16 (engineering)
Thanks for Your Attention…
AHETEMS Advancing Hispanic Excellence in
Technology, Engineering, Math and Science
Rafaela Schwan, M.S. Gary A. Cruz, M.S., abd. Director of Programs Asst. Director of Programs
Luis Mendoza Berenice RodriguezK-12 & Curriculum Coordinator Higher Education
Coordinator
The University of Texas at Arlington416 Yates Street, room 609
College of Engineering, Box 19019Arlington, TX 76019
(817) 272-1116www.ahetems.org
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