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					UNDERSTANDING
 FINANCIAL AID
WHY ARE WE DOING THIS?

So that students will be able to explore multiple post-secondary
options available to them such as 4-year degree plans, 2-year
associate degrees, and certification programs and to learn how
to finance those options through university scholarships and
FAFSA (Pell grants and loans, including the Texas Grant.)
WHAT OPPORTUNITIES ARE OUT
      THERE FOR ME?
 Four year Universities both in state and out
of state
Community colleges or Junior colleges
  which offer
       Preparation for four year universities
     2 year associate degrees and technical
               certification programs
              Certification programs
WHY WOULD I WANT A DEGREE OF ANY KIND?

 You can find a job more easily
 You can make more money per hour

 Hourly wages if you have a certification!
     Fireman-$20.68

     Paralegal-$25.24

                 $19.89
     Electrician-

     H-VAC (heating, air-conditioning)- $17.91

     Administrative assistant- $19.59

     Cisco networking specialist- $22.20
WHY WOULD I WANT A DEGREE OF ANY KIND?

   4-Year College Degree
     Accountant-$30.64

     Chiropractor-$25.06

     Programmers-$38.84

     Mechanical engineers-$42.02
     Petroleum engineers-$65.47
       To see the current projections of many different careers and to see what
        demand they bring in the Gulf Coast region, see U.S. Department of Labor
        Bureau of Labor Statistics and Texas Workforce Commission (They can be
        accessed at your teacher’s School Wires web page or at Mary Smith’s School
        Wires web page.
WHERE ELSE CAN I LEARN MORE ABOUT
SPECIFIC OCCUPATIONS?
   Try the internet. You can find lots of good information there.
   Also, the Gulf Coast Workforce Board has developed a couple of
    resources for career planning.
      One is a “Focus On” series of short profiles of high growth
        industries and occupations in demand in the Gulf Coast
        region. They are designed to help students and parents plan
        for the future,
        http://www.wrksolutions.com/jobs/focuson.html.
      Also check out the Texas Education Agency’s Achieve Texas
        site, http://www.achievetexas.org, which provides
        information and suggested courses of study for specific
        occupations.
HOW DO I PAY FOR COLLEGE?

 I can’t afford to pay tuition…….
 So how much does college cost?
FOUR YEAR PRIVATE UNIVERSITY

                   At a private school you will
                    pay the MOST for an
                    education

                   At Harvard University

                   Annual tuition:$33,696
                   Fees:$3,132
                   Room and board:$11,856
                   Grand Total $48,684
FOUR YEAR PRIVATE UNIVERSITY

                   Another private school
                    closer to home

                   Baylor University in Waco,
                    Texas
                   Annual tuition:$26,996
                   Fees:$2,758
                   Room and board:$8,331

                   Grand Total $38,085
FOUR YEAR PUBLIC UNIVERSITY
       OUT OF STATE

                 In-state tuition:$3,469

                 Out-of-state tuition:$12,619

                 Fees:$1,764
                 Room and board:$7,738

                 Grand total $22,121
FOUR YEAR PUBLIC UNIVERSITY
         IN STATE
                University of Texas, Austin

                Out-of-state tuition:$30,006

                   In-state tuition:$8,930
                   Room and board:$9,602

                   Grand Total $18,532
FOUR YEAR PUBLIC UNIVERSITY
         IN STATE
                   Texas A & M

                   Out-of-state tuition:$19,582



                   In-state tuition:$5,152
                   Fees:$3,024
                   Room and board:$8,039

                   Grand Total $ 16,215
FOUR YEAR PUBLIC UNIVERSITY
         IN STATE

                  In-state tuition:$5,460

                  Fees:$2,022

                  Room and board:$6,392

                  Grand Total $13,874
COMMUNITY COLLEGE

            Offers both preparation for a
             4 year college and technical
             certifications and 2 year
             degrees
            2 semesters, 15 hours

            Annual tuition $1,644

            Out of district $3,744

            Out of State $4,200

            Grand Total: $1644
FOR PROFIT COLLEGES
     FOR PROFIT COLLEGES AND TECHNICAL
                  SCHOOLS




       DeVry University
*Health Care
* Electronics         * Fitness
* ACHR                 * Automotive Repair
* Health & Wellness    * Welding
* Motorcycle Repair    * Information Technology
                       * Business
COSTS OF FOR PROFIT AND TECHNICAL SCHOOLS

   Costs can vary widely

   Scholarships and Grants are available for these
    schools.

   Filling out the FASFA is beneficial even for these
    types of alternative schools such as ITT,
    Westwood, and Lone Star
WHAT IS THE FAFSA?
   FAFSA STANDS FOR …



“Federal Application for
   Free Student Aid”
     WHAT IS THE FAFSA?
   The FAFSA is an application that students fill out in
    the spring of their senior year (after January 1) to
    apply for financial aid from the government.
   Aid will be awarded in the form of grants, loans
    and/or work-study.
   Applications are typically completed online.
    Spanish versions are available.
       TYPES OF AID
     Grants               Loans
 Money you do not    Money you borrow
 pay back             and pay back after
                      you graduate,
                      usually at low
                      interest rates
    MORE ABOUT GRANTS
 There are two major grants that students can
  receive: the Pell Grant and the Texas Grant
 The Pell Grant is federal and can be used in
  Texas as well as other states
 The Texas Grant must be used at a public
  college in Texas only
       MORE ABOUT THE TEXAS
       GRANT ELIGIBLE STUDENTS…
   Are Texas residents
   Complete the Recommended High School Program
    or Distinguished Achievement Program in high
    school
   Show financial need
      MORE ABOUT THE TEXAS
             GRANT
     HOW MUCH CAN I RECEIVE?
   $6,080 per year for public 4-year universities (UH,
    SHSU, UT, A&M)
   $1780 per year for public 2-year community
    college (Lone Star College)
   $2,680 per year for public technical college (UTI,
    ITT, DeVry)
Play video “The FAFSA Made
Easy” from Education Quest”
 or the 5 Minute FAFSA, then
 return to the next slide in this
          Powerpoint.
            FAFSA TIPS
 Ifyou qualify, make sure you are on free or
  reduced lunch NOW (in high school), so you can
  answer yes to those questions later on the
  FAFSA! It will help you get more money!
 Free/reduced lunch applications are available
  online at www.cfisd.net or in your academy’s
  office – ask the secretary for help with this
               FAFSA TIPS
   Get your pin number now! You cannot submit your
    FAFSA online without it.
   The parent you live with needs one also.
   Your pin number is just a personal identification
    number much like a password.
   It allows you to work on your FAFSA form and save
    it, then work on it again.
                FAFSA TIPS
   Remember you do not have to accept all money
    awarded to you – loans have to be paid back later,
    so don’t accept more than you absolutely need!
         FAFSA WEBSITES
Helpful websites:
 www.fafsa.ed.gov- this is the website where you must fill
 out the form and submit it. Remember you need a pin
 number and some documents before you fill it out.
 www.pin.ed.gov-use this website to obtain your pin
 number and don’t forget your parent needs one also
 www.fafsa4caster.ed.gov-         gives you a forecast of what you
 might expect to get if you fill out the FAFSA form

				
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