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Financial Aid


Without financial aid, college would not be possible for many students. The purpose of financial aid is to make it possible for students of all incomes to attend school. Traditionally, students apply for aid in their senior year of high school and reapply each year once in college. It's important to apply as early as possible. Aid can be used to cover costs such as tuition and fees, room and board, transportation, books and supplies.

Types of Financial Aid
There are four main forms of aid: grants, scholarships, loans and work-study. Grants and scholarships are free and do not have to be paid back. Loans must be repaid, but usually not until after graduation or the student leaves the program or school. Work-study provides income in the form of a part-time job, usually located on campus.

Getting Financial Aid
Financial aid is awarded based on skills, good grades or your need for help. First, you must fill out a FAFSA ((Free Application for Fedral Student Aid). This form is available online at http://www.fafsa.ed.gov or you can obtain a paper copy at colleges, the library or by calling 800.433.3243. If you are hearing impaired, call TTY 800.730.8913. There is no charge to submit this form.

Approximately 4-6 weeks after your form is received, a student aid report will be sent to you and the schools you want to go to. Once you are accepted to a school, the school's financial aid office will determine your eligibility for financial aid.

 

 

 

 

1. Where can I get money for school?

2. What do I need to get into school?

3. What if my situation changes after I apply for aid?

 






Does my current home placement affect financial aid?

If you are still a ward of the state in foster care, your financial aid will be determined by your own income and not your foster family’s.


 


What if I don’t have a high school diploma?

You may still be eligible for aid
if you have a GED or test scores which indicate you are ready for college-level work.

Check with the school you wish to apply to.