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Free Funding for Your Education Introduction to federal, state, private, and local funding Brought to you by NANA Development Corporation Shareholder Development Topics for Today • Types of Funding for Education/Training after High School Scholarships Grants Loans • How to prepare to be successful in finding funding/opportunities What is financial aid? Funding to pay for education; usually multiple streams of funding grouped together to make out-of-pocket costs, as low as possible for a student. First Step in Financial Aid Process Free Application for Federal Student Aid (FAFSA) • First step in the financial aid process • Determines your eligibility for: Federal aid State aid Most campus-based aid Grants Scholarships Where to complete the FAFSA • Apply online at www.fafsa.ed.gov • Submit paper application Download from website above, or call the Federal Student Aid Info Center at 1-800-433- 3243 FAFSA Tips • Apply for a Personal Identification Number (PIN) now! Speed up the process by signing your FAFSA electronically with your PIN. Your parent can sign electronically too. You must have a PIN to fill out and sign the FAFSA. It takes roughly 2 weeks to receive it by mail. • Apply online! The paper application takes 6 – 10 weeks to process. The web application takes roughly 2 – 4 weeks. • Print the FAFSA Worksheets. Write in your answers and gather your parents' information then transfer the data to FAFSA on the Web. • Gather the documents you need. Start with your Social Security Number, driver’s license, income tax returns, bank statements, and investment records. FAFSA Tips • Note important deadlines. To meet the Federal Student Aid deadline: Apply as early as possible beginning January 1st of each year. Schools and states have their own deadlines. Contact them for exact deadline dates. • Check your eligibility for federal student aid. You and the school(s) you apply to will receive a Student Aid Report (SAR). Once you receive your SAR, contact your school’s financial aid office. FAFSA Tips Must be completed each year because it requires a copy of the previous years’ tax return. Scholarships Scholarships Scholarships provide money for education and training. You don’t have to pay them back. Amounts range from a few hundred dollars to “full- ride” scholarships that pay all college expenses. Most scholarships cover only part of the expenses, often only a small part. Award is based on a wide range of qualifications. Common Scholarship Documents • Application • Statement of Purpose • Recommendation Letters • Acceptance Letter (From School) • Proof of Class Registration • Official Transcripts • Self Identification Statement of Purpose A statement of purpose is a statement about yourself. It often includes: personal history, achievements, short and long term goals and how you plan to achieve them. Statement of Purpose • Often times, the scholarship application will tell you what to include. Be sure to follow instructions! • Don’t be afraid to “brag” about yourself. • Research the organization you are requesting a scholarship from. Statement of Purpose: Topic Ideas • Family background • Long term & short term goals and how this relates to the Inupiaq Values (Mandatory for Aqqaluk Trust) • Commitment to service/ volunteer (optional) • School & Community Activities • Awards/Recognition • Work Experience • Key accomplishments • Who you admire the most (a role model) • Who has inspired you • Life Changing Event • Patriotism Recommendation Letters • Recommendation letters should come from someone you know. They should have knowledge about you: achievements, volunteer service, sports, academic, jobs, etc. • Request the letters well in advance! • Provide a statement to the person you’re requesting a letter from. Include your goals, type of training you are seeking and past achievements. (could be a copy of your statement of purpose) • Include 3 letters 2 from school 1 from community • Make sure the author of the recommendation letter includes their name, position and contact information Scholarship Documents • Acceptance Letter (From School) An acceptance letter comes from the school you were accepted at. • Proof of Class Registration Once you are accepted, you need to register for your classes. Many scholarships require you provide proof that you are registered for classes. Registration also shows your status (full-time/part- time) which determines funding. • Official Transcripts Official transcripts are sealed and commonly mailed by the institution. • Self Identification The types of identification required are varied by scholarship. Be sure to submit exactly what they request. Scholarship Application Tips • Watch deadlines carefully. A late application is usually denied. • Include a cover sheet that has your personal contact information, the school you’ll be attending, and your expected graduation date • Type your application, especially if you do not have neat handwriting! • Follow all instructions. • Complete your application in its entirety. • Submit all required documents. Scholarship Tips • Request your official transcripts as early as possible. • Have another person review your application. • Write your name on each page. • Keep copies of you application for your records. • Keep a copy of the submittal receipt. • Call to confirm your application and all required documents were received. Thank You Notes • It is important to thank those that have helped you in your scholarship journey! • Also remember if they cared enough to help you in your scholarship/education journey, they want to hear from you after you start school too! NANA Region Scholarships Robert Aqqaluk Newlin, Sr. Memorial Trust Maniilaq Higher Education (Ambler, Shungnak, Kobuk, Kivalina, Deering) IRA – Bureau of Indian Affairs Scholarship (Kotzebue, Kiana, Noatak, Noorvik, Selawik) Maniilaq (James “Qignak” Wells Endowment Scholarship) OTZ Telephone, Inc. Kotzebue Lion’s Club Kotzebue Electric Association NANA Region Scholarships Teck Alaska Kikiktagruk Inupiat Corporation Frank R. Ferguson (NWAB) Northwest Arctic Borough School District – June Nelson Scholarship Association of Alaska School Boards – June Nelson Memorial Scholarship GEAR UP Scholarship (up to $7,000) Websites • www.nana.com • www.akcis.org • www.fastweb.com • www.collegeboard.com/paying • www.gocollege.com • www.scholarships.com Grants Grants • Grants are usually awarded based on financial need only • Federal, State and Campus- Based grants are determined by FAFSA Grants • To qualify for grants you must complete your FAFSA. • Deadlines for grants vary, but are typically in February and March and awarded by July. Check with your Financial Aid Office for exact dates. • Your Financial Aid Office can work with you to apply for grants you are eligible for. • Apply early! The earlier, the better! • Late applications are denied. Types of Federal Grants • Federal PELL Grant • Academic Competitiveness Grant (ACG) • National Science and Mathematics Access to Retain Talent Grant (National SMART Grant) • Campus Based-Program (Federal Supplemental Education Opportunity Grant, Federal Work-Study, and the Federal Perkins Loan) Free or Reduced Tuition Programs Free or Reduced Tuition Some colleges and universities offer special programs to select students which provide free or reduced tuition. Free or Reduced Tuition • Fort Lewis College (Native American Tuition Waiver) • Harvard University (Financial Aid Initiative) • Haskell Indian Nations University • Princeton Undergraduate Admission • Stanford Undergraduate Admission • Yale University Office of Undergraduate Admission & Yale Financial Aid Other Programs WUE • Western Undergraduate Exchange (W.U.E.) WUE is a program of the Western Interstate Commission for Higher Education (WICHE). Students who are residents of WICHE states may enroll at participating two and four-year college programs outside of their home state at a reduced tuition rate. • WICHE states: Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, North Dakota, Oregon, South Dakota, Utah, Washington, Wyoming. Employers Some employers offer tuition reimbursement programs to their employees as a benefit. Such programs often require a minimum of one year’s employment. They may also have requirements regarding the type of training you can receive and have a limited amount of funding available. Internships Internships are a way to pay for your education while you work and also gain first-hand experience in your career field. Some internships also provide a scholarship. Loans Loans Loans require repayment with interest! Loans should be your last resort. Loans: ACPE • Alaska Commission on Postsecondary Education (ACPE) has many loan programs for Alaskans. They offer Federal student loans and State Alternative loans. • You can borrow from ACPE regardless of income level. • You may take the loans out of state as long as the borrower retains Alaska residency. Tip: Be careful – these things affect residency Registering to vote in another state Getting a driver’s license in another state • To apply for ACPE loans, go to: http://alaskadvantage.state.ak.us/ Loans through ACPE • Federal & State loans • Alaska Advantage Stafford Loan • AlaskaAdvantage PLUS loan for parents AlaskaAdvantage Education Grant • AlaskaAdvantage PLUS for graduate students • Alaska Supplemental Education Loan • Family Education Loan • Career Specific Loans Teaching Fisheries Law Enforcement Tips • Always look for gift aid before taking loans • Shop around if you have to take a loan • Look for: Low interest rates Low origination fees Borrower benefits AlaskaAdvantage Contacts The AlaskaAdvantage Success Center 800 E. Dimond Blvd. Ste, 200 (Dimond Mall) Anchorage, Alaska 99515 (907) 269-7980 Outreach (800) 441-2962 http://alaskadvantage.state.ak.us/ Hours of Operation for Success Center: M-F 10am – 6 pm Preparing for Success Preparing for Success • Be active in your community & school. • Always do your best in school. • Keep track of all your achievements! • Career Portfolio!! • Look into programs now so you’re prepared when you leave high school. • Connect yourself with people who can help you. Shareholder Development Contacts Kristina Patrick NANA Kotzebue Office Shareholder Development Manager Angie Washington 1-800-478-2000 1-800-478-3301 (907) 265-4162 (907) 442-3301 Kristina.email@example.com firstname.lastname@example.org Annette Zella Shareholder Development Coordinator 1-800-478-2000 (907) 265-4362 Annette.email@example.com Tasha Ryder Shareholder Development Coordinator 1-800-478-2000 (907) 265-4361 Tasha.firstname.lastname@example.org email@example.com NANA Website www.nana.com AARIGAA! TAIKUU!
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