Scholarship & Financial Aid
Scholarship information is available in Guidance suite and are also listed in Naviance. Check both these resources often for the latest. New scholarships come in annually. Make sure to apply in advance of any deadlines.
Financing a college education is a daunting obstacle. There are however a number of opportunities to receive various types of aid.
Definitions
Financial Aid – Money awarded based on need and availability of funds.
Scholarship – Money awarded based on a set of specified criteria (academic, need, involvement). Does not need to be repaid.
Grant – Money awarded usually based on need or merit. Does not have to be repaid.
Loan – Money borrowed from an organization such as a bank or financial institution. Must be repaid, possibly with interest.
Work Study – Money awarded in the form of part-time work to be performed on campus.
FAFSA – (Free Application For Federal Student Aid) Application that each student must fill out to be eligible for federal financial aid. Many colleges use this information in their awarding process as well.
CSS Profile – Form used by colleges and scholarship organizations to assist in awarding non-federal student aid funds. (coordinated through the College Board)
Expected Family Contribution (EFC) – Based on your filed tax returns, the number used to determine your aid eligibility.
Click picture for full article
Utilize these scholarship search engines. Remember, you should NEVER pay to fill out a scholarship application. Also, be sure to check out Naviance for list of scholarships.
