Financial Aid and Scholarship Awareness by decree

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									Money For
 College
      Financial Aid
Financial aid is money given to assistance with the cost of
  attending college
 tuition
 fees
 room and board
 books
 personal expenses, etc.
The four categories of financial
             aid


•   Grants
•   Scholarships
•   Work Study
•   Education Loans
         Types of aid


 Gift aid – Grants (and scholarships (need-based or
  merit-based)
 Self-help aid – Loans and employment (need based
  or non-need-based)
      Defining the four (4)
   categories of financial aid:
1. Grant – money that is given to a student, usually based
   on financial need.
2. Scholarship – money awarded for outstanding academic
   achievement, talent, or skill.
3. Work Study/Employment Opportunities – money a
   student earns by working on the college campus.
4. Education Loan –money borrowed but will have to be
   paid back (need-based or non-need-based)
 The financial aid package
          include:
The financial aid packages will include:
 Grants
 Scholarships
 College based employment
 Loans
Who can apply for financial
          aid?


ANYONE WITH A NEED CAN APPLY FOR
 FINANCIAL AID
    Scholarships that I have
          applied for:
•   Alpha Phi Alpha Fraternity, Inc.
•   University of Alabama Fine Arts Department
•   New Horizons Credit Union Scholarship
•   Seals Helping Hand Scholarship
•   Gaines-Hamil Memorial Scholarship
     Financial aid web sites

 www.fastweb.com
 www.ed.gov/finaid.html
 www.collegeboard.com
Questions/Comments
       Bibliography
• O’Brian, Linda. An Instruction Booklet for the
  Parents of College Bound Students. Dayton,
  Ohio: Woodburn Press, 1996.

								
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