Kent County College Access Network

KnowHow2Go Academy

4 Steps to College

Intro: WHY COLLEGE?Step 1: BE A PAINStep 2: PUSH YOURSELFStep 3: FIND THE RIGHT FITStep 4: GET YOUR HANDS ON SOME CASH

COLLEGE COSTS

TUITION & FEES

Trade SchoolCommunity College

College or University

ROOM & BOARD

What is room and board?And how much does it cost??

OTHER EXPENSES

FINANCIAL AID QUIZ Activity:

GET YOUR HANDS ON SOME CASH

Types of Financial Aid

• Grants FREE MONEY!

• Scholarships FREE MONEY!

• Federal Work Study Programs • Loans Pay

back

STATE AIDMichigan Alternative Student Loan Program (MI-LOAN):

These are loans the state offers to students and their families with good credit.

Tuition Incentive Program (TIP): This is an award the state gives to eligible students to pay tuition and

fees for the first two years of school at participating public and private institutions in Michigan. Students must have been covered by Medicaid for 24 months out of a 36-consecutive-month period to receive the award.

Michigan Indian Tuition Waiver (MITW): This is an award the state gives to eligible students to offset tuition at

public institutions in Michigan. Students must be ¼ or more Native American and be a member of a federally recognized tribe to be eligible for the award.

Michigan Competitive Scholarship: This is an award the state gives to students with merit and in financial

need based on their ACT scores to offset tuition at public and private institutions in Michigan. Students must take the ACT by December of their senior year of high school to be considered for the award

www.michigan.gov/mistudentaid

FEDERAL AID

FEDERAL GRANTS – www.studentaid.ed.gov

Federal Pell Grant – up to $5,500Federal supplemental Educational Opportunity

Grant (FSEOG)Teacher Education Assistance for College and

Higher Education Grant (TEACH Grant)Iraq and Afghanistan Service Grant

GETTING YOUR HANDS ON SOME CASH

The First Step is filling out the

FAFSA

Free Application for Federal Student Aid

It is REQUIRED to receive State and Federal Financial Aid

www.federalstudentaid.ed.gov

SCHOLARSHIPS

There are

THOUSANDS of scholarships

Available each year!

FINANCIAL AID WEB RESOURCESADDITIONAL WEBSITE RESOURCES www.studentjobs.gov/e-scholar.asp - A list of federally

funded scholarships, fellowships, grants and internships geared to high school students

www.fafsa.ed.gov – The Free Application for Federal Student Aid (FAFSA) website. Start here when ready to apply for financial aid

www.act.org/fane - A financial aid need estimator www.hsf.net – A Hispanic Scholarship Fund website that

features scholarships for Hispanic students www.studentaidalliance.org - A series of student success

stories and descriptions of need-based financial aid programs

www.eCampusTours.com - A site with good information about finding and understanding a financial aid plan

Michigan College Access Portal’s “Scholarship Search”

FIND THE RIGHT FIT

You will know the way…

You will KNOW HOW 2 GO!