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Types of Aid ScholarshipsGrantsLoansWork Study Scholarships Institutional Scholarships State Scholarships External Scholarships

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Page 1: Types of Aid ScholarshipsGrantsLoansWork Study Scholarships Institutional Scholarships State Scholarships External Scholarships
Page 2: Types of Aid ScholarshipsGrantsLoansWork Study Scholarships Institutional Scholarships State Scholarships External Scholarships
Page 3: Types of Aid ScholarshipsGrantsLoansWork Study Scholarships Institutional Scholarships State Scholarships External Scholarships
Page 4: Types of Aid ScholarshipsGrantsLoansWork Study Scholarships Institutional Scholarships State Scholarships External Scholarships

Part of the Admission Process

No separate application

Must have a completed file with the Admissions Office

Notifications start in December

Range from $8,000-full tuition

Renewable

Page 5: Types of Aid ScholarshipsGrantsLoansWork Study Scholarships Institutional Scholarships State Scholarships External Scholarships

Available to MD residents

Could be transferred from other states

Know your legislators

www.mdelect.net

Could be renewable

Page 6: Types of Aid ScholarshipsGrantsLoansWork Study Scholarships Institutional Scholarships State Scholarships External Scholarships

Search NOW!

Free process

Check our website

Guidance Office

Parents’ employers

Businesses

Organizations and Clubs

Page 7: Types of Aid ScholarshipsGrantsLoansWork Study Scholarships Institutional Scholarships State Scholarships External Scholarships
Page 8: Types of Aid ScholarshipsGrantsLoansWork Study Scholarships Institutional Scholarships State Scholarships External Scholarships

Scholarships are part of the plan for paying for college, but not the entire plan

Of students enrolled full-time at a 4-year college:

0.3% get enough grants to cover the full cost of attendance (COA)

1.0% get enough grants to cover 90 % or more of the COA

3.4% get enough grants to cover 75 % or more of the COA

14.3 % get enough grants to cover 50 % or more of the COA

Source-”Top Ten Myths About Scholarships” presentation, 9/2011

Page 9: Types of Aid ScholarshipsGrantsLoansWork Study Scholarships Institutional Scholarships State Scholarships External Scholarships
Page 10: Types of Aid ScholarshipsGrantsLoansWork Study Scholarships Institutional Scholarships State Scholarships External Scholarships

On-Campus or Off-Campus

Part-Time

Gain work experience

Flexible hours

Need-based

FAFSA benefit

Page 11: Types of Aid ScholarshipsGrantsLoansWork Study Scholarships Institutional Scholarships State Scholarships External Scholarships

Free Application for Federal Student Aid

www.fafsa.gov

Available January 1, 2012

Our deadline-2/15/12

Our code-002065

IRS Match

Page 12: Types of Aid ScholarshipsGrantsLoansWork Study Scholarships Institutional Scholarships State Scholarships External Scholarships

Apply (January-February)

Receive Award Letter (March-April)

Complete activation steps (May-June)

Receive funds twice a year (fall and spring) (September and February)

Apply again…

Page 13: Types of Aid ScholarshipsGrantsLoansWork Study Scholarships Institutional Scholarships State Scholarships External Scholarships

Apply for a FAFSA PIN www.pin.ed.gov

PIN for a student PIN for a parent

FAFSA4caster www.fafsa4caster.ed.gov (early estimate of federal aid)

Apply for admission

Page 14: Types of Aid ScholarshipsGrantsLoansWork Study Scholarships Institutional Scholarships State Scholarships External Scholarships

Net Price Calculator

College’s websites

College Navigator

Maryland Higher Education Commission

Page 15: Types of Aid ScholarshipsGrantsLoansWork Study Scholarships Institutional Scholarships State Scholarships External Scholarships

Change of Income

Separation, Divorce, Death

High Medical Expenses Paid During 2011 year

One-Time Income

Parent Attending College

Page 16: Types of Aid ScholarshipsGrantsLoansWork Study Scholarships Institutional Scholarships State Scholarships External Scholarships

Contact Info:

Zhanna [email protected](410) 532-5735