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Now that you're in... How do you pay the bill?
Now that you're in... How do you pay the bill?
Granite Edvance provides free opportunities to file the FAFSA form with expert assistance. Click the link above to see when a FAFSA Open house is coming to an area near you.
NHHEAF's Financial Aid Insider: A guide to everything Financial Aid
NHHEAF's Financial Aid Insider: A guide to everything Financial Aid
Financial Aid Overview
Financial Aid Overview
Note: Some schools require an additional Financial Aid form called the CSS Profile. The only schools in NH that require the CSS Profile are Dartmouth and St. Anselm.
Note: Some schools require an additional Financial Aid form called the CSS Profile. The only schools in NH that require the CSS Profile are Dartmouth and St. Anselm.
Step Two: Understanding Types of Financial Aid
Step Two: Understanding Types of Financial Aid
Understanding your Award Letter
Understanding your Award Letter
What’s in a financial aid offer
What’s in a financial aid offer
Financial aid offers usually contain this information:
Cost of attendance (COA), an estimate of what you can expect to pay for one year of school. This includes tuition and fees, room and board, books and supplies, transportation, and even personal expenses.2 If the COA isn’t included in your offer, check the school’s website or call the financial aid office.
Student Aid Index (SAI), Your Student Aid Index (SAI) is an index number that colleges use to determine how much financial aid you're eligible to receive. Your SAI is calculated according to a formula established by law and the information from your Free Application for Federal Student Aid (FAFSA®).
The SAI factors in your family's taxed and untaxed income, assets, and benefits (such as unemployment or Social Security). Your household size is also considered.
Note: Your SAI isn't the amount of money your family will have to pay for college and it isn't the amount of federal student aid you'll receive.
College grants are typically need-based and can be given by state or federal governments.
College scholarships can be need-, merit-, or interest-based and are awarded by a school, company, or private organization.
Federal work-study is a program, implemented by the school, where you work to earn your financial aid.
Federal student loans let you borrow money directly from the federal government; you pay this financial aid back with interest. A financial aid offer may also list the amount you can borrow with a credit-based loan (like a federal Direct PLUS Loan or a private student loan).
Net price calculators are available on a college’s or university’s website and allow prospective students to enter information about themselves to find out what students like them paid to attend the institution in the previous year, after taking grants and scholarship aid into account
Step Three: Scholarships
Step Three: Scholarships
Scholarships
Scholarships
Remember: Free Money is Good Money.
Remember: Free Money is Good Money.
Taking time to complete scholarship applications can be the last thing a senior in high school wants to do.
Taking time to complete scholarship applications can be the last thing a senior in high school wants to do.
However, earning hundreds if not thousands of dollars towards your education that you won't have to pay back with interest is worth it!!!
However, earning hundreds if not thousands of dollars towards your education that you won't have to pay back with interest is worth it!!!
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