SHPE AHETEMS, Inc: Financial Aid - 101

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SHPE AHETEMS, Inc Financial Aid - 101
Name of Presenter Name of SHPE Chapter Noche de
Ciencias Location of Event City, ST Date
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Financial Aid Money for College
Financial Aid Package
Scholarships

• Loans

Grants
Work-Study
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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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• Tuition Fees
• In State 6,600 - 8,300
• Non-State 24,700

Room Board 9,000
Books Supplies 1,700 Medical
1,800 Transportation 1,000 Personal 1,500
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Sources of Aid
Institutional (Varies by School)
Government Federal State
Private Agencies
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Who Can Apply

• Have 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  

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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.)
• Governments way to get a snap shot of your
  finances
• You and Your parents income
• Saving and Investment
• Benefits
• State Tax Rates

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FAFSA Online!

• We recommend that you apply online at
  www.fafsa.ed.gov
• Get your PIN Number
• The online FAFSA is processed in a few days the
  paper FAFSA takes several weeks to process
• Check with each College/University about their
  Priority Dates to get the best aid

NOTE You must submit a new FAFSA application
each academic year (each student who is applying
for federal aid)!
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Student Aid Report (SAR)

• SAR Students FAFSA Results
• -Sent to the student by e-mail or regular mail.
• -Retain documents/emails for your records

• EFC Expected Family Contribution
• -This score will be reported to
  your College/University

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Required Documentation

• Check with each schools 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!

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Formula for Financial Need

• COA 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.

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Types of Financial Aid

• Gift (Free) Aid
• Grants
• Scholarships

• Self-Help Aid
• Work-study
• Loans

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The Scavenger Hunt Begins
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Get Organized

• Research scholarships for which you match the
  criteria
• It is NEVER too EARLY to start researching
  scholarships
• Avoid 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

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Get Prepared Portfolio

• Wisely choose who will write your recommendation
  letters
• Write an essay about yourself, your
  accomplishments, your strengths, your goals and
  how you will achieve them
• Develop and update your resume
• Request official transcripts with ample time to
  make the deadline
• Get a good photo of yourself that shows your
  maturity and professionalism

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Get More Organized

• Order ample transcripts
• Save money for
• Transcript Fees
• College Admission Fees
• Scholarship Application Fee
• Postage and mailing

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The Application Review

• Elimination of incomplete or late applications
• Elimination of applications that do not meet the
  eligibility criteria
• Judging Selection
• Review Essay, Letter of Recommendation and Resume
• Looking for examples of leadership, commitment,
  drive and motivation, and ability to remain
  focused on goals despite obstacles and changes in
  life

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Scholarships

• Can be based on financial need, affiliation,
  community service and/or academic achievement
• Many Sources
• - SHPE, HCF, UNCFSP
• - Coca-Cola, Target
• - Universities

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Show Me The

• SHPE Offers
• Scholarships
• Scholar-Internships
• Internships

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AHETEMS Scholarships

• AHETEMS Scholarship Program
• AHETEMS General Scholarships
• AHETEMS Professional Scholarships
• AHETEMS Intern-Scholarship Program
• SHPE/CDM Intern-Scholarship
• NASA/MUST Intern-Scholarship
• SHPE/Freeport McMoRan Intern-Scholarship
• AHETEMS Named Scholarships
• AHETEMS/ExxonMobil Scholarships
• AHETEMS/U.S. Steel Corp. Scholarships
• AHETEMS/Verizon Scholarships
• AHETEMS/Kellogg Scholarships
• AHETEMS/Northrop Grumman Scholarships

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Deadlines - Permanent

• February 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

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Recommended Web sites
Scholarships/Programs for Hispanics Scholarships/Programs for Hispanics Scholarships/Programs for Hispanics
hispanicfund.org hsf.net hispanicheritage.org
thesalliemaefund.org/smfnew/ thesalliemaefund.org/smfnew/ hispa.org
scholarshipsforhispanics.org scholarshipsforhispanics.org LatinoCollegeDollars.org
maldef.org (Esp. for non-US citizens) maldef.org (Esp. for non-US citizens)
www.egr.uh.edu/promes/?ecamps April 15 (engineering) www.egr.uh.edu/promes/?ecamps April 15 (engineering) www.egr.uh.edu/promes/?ecamps April 15 (engineering)
68.236.165.90/index/ April 6 (medicine) 68.236.165.90/index/ April 6 (medicine) 68.236.165.90/index/ April 6 (medicine)
engineering.cornell.edu/catalyst/ April 16 (engineering) engineering.cornell.edu/catalyst/ April 16 (engineering) engineering.cornell.edu/catalyst/ April 16 (engineering)
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Thanks for Your Attention
Questions?
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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 Rodriguez K-12
Curriculum Coordinator Higher Education
Coordinator The University of Texas at
Arlington 416 Yates Street, room 609 College of
Engineering, Box 19019 Arlington, TX 76019 (817)
272-1116 www.ahetems.org