COLLEGE PLANNING PARENT NIGHT Colleges and Application Types 1. - PowerPoint PPT Presentation

COLLEGE PLANNING PARENT NIGHT Colleges and Application Types 1. Financial Aid 2. Naviance 3. 1

Trade and Technical Schools Start application NOW! 1. A. Check with school to see if placement tests or interviews are required. B. Request GHS transcript via Naviance. Complete the FAFSA as soon after 2. October 1 as possible. Apply for scholarships. 3. 2

2-Year Colleges Apply NOW if needed (RCC bound students 1. who have taken a dual course at GHS are already RCC students). A. Schedule placement tests if needed. B. Request GHS transcript via Naviance. Complete the FAFSA as soon after 2. October 1 as possible. Apply for scholarships. 3. 3

4-Year Colleges Apply as soon as possible. 1. A. Request teacher recommendations AND transcripts via Naviance. B. Make sure SAT and ACT scores are sent to colleges by the testing agency. Complete the FAFSA as soon after October 1 as 2. possible. Apply for scholarships. 3. In June, if you have an RCC transcript, have it sent 4. to college you will attend. 4

4-Year Colleges  If you are applying to colleges that use the Common Application you must link your Naviance account with the Common Application.  This will require you to do the FERPA Waiver on the Common Application AND then go to your Naviance account and link it. 5

4-YEAR COLLEGE APPLICATION TYPES  Early Decision (Binding – 1 school only)  Early Action (Non-binding – multi schools)  Priority Deadline (often tied to scholarships and special programs)  Regular Decision  Rolling Admissions  National Decision Day – May 1, 2019 6

Financial Aid 2019-2020 (for the 2020-21 SY)  To the extent possible, it is the family’s responsibility to pay for their child’s postsecondary education.  When that is not possible, the government will evaluate the circumstances and assist if it is determined that the student is eligible for federal financial aid.  Financial Aid consists of outside funds that are provided to students and families to help pay for postsecondary educational expenses. NASFAA, 2008 7

Types of Financial Aid  Grants – Do not need to be repaid. (Opportunities, p. 19)  Work Study Must work to earn. (Opportunities, p. 20) –  Loans – Must be repaid. Low, fixed interest. (Opportunities, pp. 20-21 )  Scholarships – Do not need to be repaid. (Opportunities, pp. 21-23) – More in the Naviance section of this presentation. 8

Federal Programs  Pell Grant ($6,195, for SY19-20)  FSEOG Grant ($100-$4,000)  TEACH Grant ($3,764)  Federal Work Study (varies)  Federal Direct Loans (max/yr $5,500/$6,500/$7,500)  Federal Direct PLUS Loan (maximum varies) 9

State and College Aid Programs  Opportunities booklet (pp.31-33)  Check with Financial Aid Office at the college for college specific aid and application information.  College funds are often tied to Priority Application Deadlines. 10

Financial Aid Math COA – EFC = Need 11

Cost of Attendance (COA)  Direct costs – Tuition, Room and Board, Fees… anything that is billable by the institution  Indirect costs – Books, travel expenses, utilities, loan fees, personal expenses for a required computer, study abroad fees, disability related expenses 12

Expected Family Contribution (EFC)  Amount the family can reasonably be expected to contribute.  Stays the same regardless of the college.  Parent contribution the same regardless of number of students in college.  Two components: – Parent contribution – Student contribution  Calculated using data from the FAFSA. 13

How Is Need Determined? Cost of Attendance (COA) -Expected Family Contribution (EFC) ___________________________ =Financial Need 14

Need - Example Example: James Madison University (SY18-19) Cost of Attendance (COA) $23,144 - Expected Family Contribution (EFC) $4,000 ____________________________ =Financial Need $19,144 15

Financial Aid Forms • Some schools require the CSS/Profile • Some schools have College Specific Forms • Scholarships almost always require a separate application. • The Free Application for Federal Student Aid ( FAFSA ) is the primary document needed to access federal student aid. It is also, typically, the primary document needed to access state aid and institutional aid. 16

CSS Financial Aid Profile  https://profileonline.collegeboard.com  Used at selected schools to access their aid.  Done online.  Fee per school. 17

College Specific Forms  Check with the financial aid office of EVERY college you are applying to.  Be aware of deadlines, especially PRIORITY deadlines for both admissions applications and financial aid forms. 18

FAFSA  FAFSA NOW USES Prior-Prior Year taxes. Info will come from your 2018 taxes.  New filing date: opens October 1, 2019 . Do it before the end of October. Some college Priority FA deadlines are moving into December and January (pp. 34-37). 19

FAFSA  www.fafsa.ed.gov  FREE!  Be careful of the website!!! fafsa.com and fafsa.org are FEE BASED SITES. DON’T USE THEM !!!!!!!!!  Submitted as soon as possible AFTER October 1, 2019.  Must be updated annually! 20

The FAFSA Process Step 1: -Go to fafsa.gov and get FSA ID for student and one parent. (7 minutes each) Step 2: -Complete and file the FAFSA as soon AFTER October 1, 2019 as you can (this weekend). Use the IRS Data Retrieval Tool and be done at once! (23 minutes total) Step 3: -Review SAR and correct if needed. 21

The FAFSA Get information needed together before you start. Section 1 – Student Information Section 2 – Student Dependency Section 3 – Parent Financial Information Section 4 – Student Financial Information Colleges to Receive - Federal School Codes for Virginia schools are in the Opportunities Book , pp-34- 37. Out-of- State can be found in “look up” in the FAFSA. 22

FAFSA – Things to Remember  Answer all questions that show up.  Put “0” when answer is zero. Don’t leave blanks.  Don’t forget to put in college codes before sending (up to 10 colleges).  Read the instructions carefully, take your time. Call for help: 1-800-4-FED-AID 23

Special Circumstances  If you believe you have special circumstances you must deal DIRECTLY with each school’s financial aid office.  The federal government WILL NOT get involved with you about this.  Decisions are final and can vary from school to school. 24

Student Aid Report (SAR)  EFC will be listed  Review thoroughly  Will need to be corrected if any errors are made on initial FAFSA (SSN, names, $-amounts) 25

Award Letters  Every school that accepts a student and has the FAFSA on file will send an award letter.  Review the award letter of the school you will attend and accept or deny any part of the award, you can even deny a part of any type of aid offered (ex: ½ the Stafford Loan offered) .  Look at the example in Opportunities, p. 25. 26

Get the APP  myStudentAid - Mobile App  AFTER you have completed the FAFSA online we suggest you use get the App available to manage changes and updates  From the App you change add schools, reset FSA IDs, and access your SAR. 27

QUESTIONS Please stay if you did not attend one of the Naviance presentations at Open House. 28

NAVIANCE How to:  Add Colleges/Requesting Transcripts in Naviance  Link to the Common Application  Request Letters of Recommendation  Sign up for College Visits to GHS  Search for Scholarships 29

Adding Colleges on Naviance Click the Colleges tab in the top right corner of the home screen and select “Colleges Home.” You can also access “Colleges I’m Applying to” from the My Favorites column on the home screen 30

Adding Colleges on Naviance Select “Colleges I’m Applying to” Select the Pink Button from the Colleges home screen. in the corner. Follow Step 1 by: • Selecting from drop box or typing the name of your college • Selecting the app type (Regular Decision, Early Action, Early Decision, etc) • Selecting how you are applying to the school (directly to the institution, Common App, etc) • Let us know if you’ve submitted your app and select “Add and Request 31 Transcript”

Requesting Transcripts on Naviance Follow Step 2 by: • Selecting Initial Transcript to be sent to the school you are applying to. • Click “Request and Finish.” You may also request transcripts at a later date by selecting ‘Manage Transcript Requests’ in the college home page 32

Linking your Common App to Naviance This is necessary for students to students to complete in order for their school counselor to send transcripts to their Common Application school. To check if you have completed this step or not, simply click under “Colleges I’m applying to” if the banner is red, this indicates you have not. If it is green then there is no need for further action on your part.

From the Home Page, click on “College Search” 34

In the College or City Name box, enter the college of interest and press Enter 35

Check the box beside the college you selected, and then press add. 36