AVID IV BLOG

Tuesday, January 20, 2015

BLOG - Fin Aid 101 Jan.23

https://bigfuture.collegeboard.org/pay-for-college/financial-aid

Pick ONE article from the above link and list 3 bits of information to share (list article).

36 comments:

  1. The article I read was How to Complete the FAFSA.
    1. You do not have to have your income tax completed before filling out the FAFSA but it is a good idea so that you can have exact amounts and not estimates.
    2. You can use the IRS Data Retrieval Tool if the taxes were completed electronically within two weeks of completing the FASFA application.
    3. SAR is the Student Aid Report. Once you get this form make sure it is correct, if there are any errors, there is a separate document to show how to correct the mistakes. Make sure to keep a copy for yourself.

    ReplyDelete
  2. The article I chose was, Understanding College Costs.
    1) College costs vary, the biggest part of college costs is usually tuition. Other college costs include room and board, books and supplies, transportation, and personal expenses
    2) Financial aid lowers the cost of college and most full-time college students will receive some form of financial aid.
    3) Don’t let the prices published on college websites discourage you.

    ReplyDelete
  3. I read 3 Steps to Getting Financial Aid.
    1. Each college sets its own deadline. Be sure to meet the priority deadline to be eligible for the most aid possible.
    2. Completing the FAFSA allows you to be considered for the greatest amount of financial aid from federal, state and college sources — and it’s free to fill out.
    3. Not directly from the article but financial aid might be supplied differently between siblings attending college at the same time.

    ReplyDelete
  4. The article I choose was 3 Steps to Getting Financial Aid.
    1. You can receive many types of aid, including, Grants, Scholarships, Work-study, jobs, and Loans.
    2. You can begin to apply for the FAFSA on Jan 1.
    3. Completing the FAFSA allows students to be considered for the greatest amounts of financial aid from federal, state, and college sources.

    ReplyDelete
  5. The article I chose was Financial Aid Can Help You Pay for College.
    1. You apply for financial aid by completing the FAFSA.
    2. A college that charges a lot of tuition may offer you generous financial aid.
    3. Net price is the real price that students have to pay for college.

    ReplyDelete
  6. 7 things you need to know about financial aid
    1.more than 185 billion in aid is available by four main sources.
    2.FAFSA is not only for federal but some state and governments and colleges as well.
    3.you can be eligible to do work study on the campus of your university to help pay back loans and other things that FAFSA gave out to you.

    ReplyDelete
  7. How to Complete the FAFSA
    1. Before you complete the fafsa you need to complete your income tax return and get a pin number
    2. January 1st is the first day you can apply for FAFSA, so you should pay close attention to your colleges' priority financial aid deadlines
    3. Once you've finished applying for financial aid you should recieve a SAR report, which tells you what information you put on your FAFSA, and EFC, this tells you how much money your parents make, the colleges you want your FAFSA sent to.

    ReplyDelete
  8. Financial Aid Can Help You Afford College
    1. Work Study Programs are a way to pay for college costs while working a part-time job.
    2. Loans must be paid back with interest after finishing school and depending on financial need, you will get either a low-interest loan or be charged more interest.
    3. The financial aid comes from the federal government, state governments, banks and lending organizations, and college and universities.

    ReplyDelete
  9. The article I chose was 3 Steps to Getting Financial Aid.
    1) There are 3 different, but mostly similar, types of aid you can get, such as FAFSA, aid from the colleges, and just the typical aid (scholarships).
    2) FAFSA is available Jan 1, it would probably be best to ask the college about when their start dates and deadlines are for applying for financial aid, and just check with specific organizations depending on what scholarship you are applying for.
    3) The importance of FAFSA, aid from colleges, and scholarships...very important!

    ReplyDelete
  10. https://bigfuture.collegeboard.org/pay-for-college/financial-aid/3-steps-to-getting-financial-aid
    3 Steps to Getting Financial Aid:

    1. The online FAFSA application is available on Jan. 1st and it's important to submit it because it allows you to be considered for financial aid from schools, federal agencies, and state agencies.
    2. The aid you can receive can be grants, loans, and scholarships.
    3. Always check for specific submission deadlines and submit it at the earliest times.

    ReplyDelete
  11. I read the article, "7 Things You Need To Know About Financial Aid"
    1) This money is available to all kinds of people.Not just the "lower class."
    2) Four main sources of FA: federal government, state government, colleges and universities, and private organizations.
    3) The FAFSA qualifies you for federal aid, but many state governments and colleges also use this application to award their own aid.

    ReplyDelete
  12. I read "Financial Aid Glossary: Learn the Lingo".
    1) The Bursar is the college official responsible for handling billing and payments for tuition, fees, housing, and other related expenses.
    2) Demonstrated Need is the difference between your expected family contribution and the total cost of attendance for a particular college.
    3) Expected Family Contribution (EFC) is a measure of your family's financial strength. States and colleges use this number to help determine your financial aid award. The EFC is calculated using information you supply about your family's financial circumstances.

    ReplyDelete
  13. You can apply after you Jan 1
    Once you apply for fafsa you get an overview with a SAR report
    Review information that has been filed by you and assure that all information is correct so it's all done and easy for it to be sent to other colleges.

    ReplyDelete
  14. 3 Steps to Getting Financial Aid:

    1. You must reapply for the FASFA every year
    2. Colleges give out their own specific scholarships
    3.Apply to private scholarships. They help.

    ReplyDelete
  15. The Article I read was "7 Things You Need to Know About Financial Aid"
    1. More than $185 Billion is available for students who apply to Financial Aid.
    2. The FAFSA is also used for normal colleges to give out their own aid such as scholarships and such.
    3. You can import your family's tax information from the IRS website.

    ReplyDelete
  16. Financial Aid Can Help You Afford College
    1. Net price is the real price that a student pays to go to a college. The net price of a college is often much lower than its published price.
    2. Most grants are need based, which means they are usually given based on your or your family’s financial circumstances.
    3. Keep in mind that a college that charges a lot for tuition might offer you generous financial aid. It might even be more affordable than colleges that charge lower tuition.

    ReplyDelete
  17. Financial Aid Can Help You Afford College:

    1. There are four main types of financial aid. (Grants, scholarships, loans, and work study programs)
    2. Net price is the real price that a student pays to go to a college. It’s the published price of the college minus the gift aid that the student receives.
    3. The net price of a college is often much lower than its published price.

    ReplyDelete
  18. Financial Aid Can Help You Afford College
    ---The Federal Work-Study Program is an opportunity that offers part-time jobs to help students pay for part of their college cost.
    ---Net price is the real price that a student pays to go to a college. Many colleges now offer an online tool that calculates the net price.
    --- A college that charges a lot for tuition might offer generous financial aid. It might even be more affordable than colleges that charge lower tuition.

    ReplyDelete
  19. Understanding College Costs
    ~The published price of attending a college is not usually what students actually pay.
    ~Colleges are now required to post a tool called a “net price calculator” on their websites that gives you that number.
    ~The difference between the published price and the net price can be considerable.

    ReplyDelete
  20. Financial aid can help you pay for college
    Grants
    Grants are called gift aid because they do not have to be paid back. Grants come from federal and state governments and from colleges. Most grants are need based, which means they are usually given based on your or your family’s financial circumstances.

    Scholarships
    Scholarships are gift aid. Scholarships come from governments, colleges and private organizations. They may be awarded for academic or athletic ability, interest in a certain subject, or volunteer work.

    Loans
    Borrowing money from a bank, government or lending company is called taking out a loan. A loan must be paid back with an extra charge called interest.

    ReplyDelete
  21. No college is going to cost the exact same amount to attend as another.

    Fin-aid can help, or even fully pay for your college degree

    Just because a college is expensive, you should still apply. There's plenty of ways to help pay for it.

    ReplyDelete
  22. https://bigfuture.collegeboard.org/pay-for-college/financial-aid-101/how-to-complete-the-fafsa

    1. The FAFSA is available online at FAFSA on the Web.

    2. You don’t have to file your income tax return before you fill out the FAFSA

    3. You can save time and effort if you qualify to use the IRS Data Retrieval Tool.

    ReplyDelete
  23. 1.FAFSA is the quickest and the easiest way to earn fin-aid for college.
    2.College is expensive, but its not impossible to pay for
    3. A student loan has to be paid back

    ReplyDelete
  24. Understanding College Costs
    1.The published price of attending a college is not usually what students actually pay. They often pay less, thanks to financial aid.

    2.For example, in 2012-13, the average published price of tuition and fees for public four-year colleges is about $8,660. But the average net price of tuition and fees for public four-year colleges is only about $2,910.

    3.Other college costs include room and board, books and supplies, transportation, and personal expenses. Just like tuition, these costs vary from college to college. And students can find ways to save money on most of these expenses.

    ReplyDelete
  25. Financial aid can help you afford college

    1.Complete the (FAFSA) to be considered for financial aid from the federal government, state governments and many colleges.

    2. January 1 of the year you plan to go to college is the first day you can file the FAFSA. College, state and private financial aid deadlines vary. Aim to file the FAFSA as close to January 1 as possible; financial aid dollars are limited, and in many cases are awarded on a first-come, first-served basis.

    3. A college that charges a lot for tuition might offer you generous financial aid. It might even be more affordable than colleges that charge lower tuition.

    ReplyDelete
  26. 3 Steps to Getting Financial Aid:
    1. To be considered you must apply
    2. To give yourself the best chance also apply for FAFSA
    3. The earlier you apply the better

    ReplyDelete
  27. 1. January 1 is the first day you can file the FAFSA. You should try to file as close to this date as possible. College, state and private aid deadlines may be much earlier than federal deadlines. You should pay attention to your colleges' priority financial aid deadlines.

    2. You don’t have to use this tool, but it’s recommended that you do. If you have to complete the FAFSA using estimated income tax information, you can always return to FAFSA on the Web to use the IRS Data Retrieval Tool once you have filed your tax forms.

    3.After the information you provided is analyzed, you will receive a SAR that contains the data you entered on the FAFSA. The U.S. Department of Education will send this form to you either by email or by postal mail.

    ReplyDelete
  28. 1. The FAFSA is the key to being considered for the most types of aid, including:
    -Grants
    -Scholarships
    -Work-study jobs
    -Loans

    2. Aid from colleges can include:
    -Grants
    -Scholarships
    -Loans

    3. Aid typically consists of:
    -Grants
    -Scholarships
    -Internships

    ReplyDelete
  29. 1.) You don't need to file your income tax before you fill out the FAFSA.
    2.) The price for most colleges on their websites is not normally what students pay, most pay less because of financial aid.
    3.) There are scholarships made specific based off a group that your parents employer may be apart of.

    ReplyDelete
  30. 3 steps to getting financial aid.
    1. The FAFSA allows you to be considered for a large amount of financial aid from federal state and the college.
    2. The FAFSA can get you different kinds of aid such as, grants, scholarships, loans, and work study.
    3. Private scholarships may only offer a few hundred dollars but this money can be used for other expenses.

    ReplyDelete
  31. 7 Things You Need To Know About Financial Aid
    1.The FAFSA qualifies you for federal aid, but many state governments and colleges also use this application to award their own aid.
    2.You can import your family’s tax information directly from the IRS website.
    3.Work-study jobs: paid, part-time work that’s generally on campus.

    ReplyDelete
  32. 1) There are 3 different, but mostly similar, types of aid you can get, such as FAFSA, aid from the colleges, and just the typical aid (scholarships).

    You can begin to apply for the FAFSA on Jan 1.

    Always check for specific submission deadlines and submit it at the earliest times

    ReplyDelete

  33. Understanding College Cost

    1. Don't let college prices on sites scare you
    2. Financial aid lowers the cost of college for full time students
    3. All cost for college will vary, the biggest part of the cost is the tuition and then it adds with other expenses like book, board and personal supplies

    ReplyDelete
  34. 3 Steps to Getting Financial Aid

    The FAFSA is the key to being considered for the most types of aid, including:
    -Grants
    -Scholarships
    -Work-study jobs
    -Loans

    Aid from colleges can include:
    -Grants
    -Scholarships
    -Loans

    Aid typically consists of:
    -Grants
    -Scholarships
    -Internships

    ReplyDelete
  35. 3 Steps to Getting Financial Aid

    1. The FAFSA is the key to being considered for the most types of aid, including: Grants, Scholarships, Work-study jobs, Loans

    2. Check college and state grant deadlines and submit the form by the earliest date to receive the most aid possible.

    3. You can request your FAFSA be sent to several colleges and remember to reapply every year.

    ReplyDelete
  36. How to Complete FAFSA:

    1. Plan to complete income tax

    2. It is a good idea to fill out your income taxes so that you can have exact amounts and not estimates.
    3. Once your finished applying, you will or should receive a SARA report.

    ReplyDelete