Different Ways to Pay for Higher Education 1. What have you heard about paying for higher education?...
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Transcript of Different Ways to Pay for Higher Education 1. What have you heard about paying for higher education?...
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Different Ways to Pay for
Higher Education
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What have you heard about paying for higher education?
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Definition of Financial Aid
Financial aid is the money given to you by others to help pay for your education.
Sixty percent (60%) of the post high school students in the U.S. use some kind of financial aid to pay for higher education.
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Myth Busting
Only students with the best grades qualify for financial aid
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Myth Busting
Only rich kids can afford four-year schools.
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Myth Busting
Only students from
low-income families
qualify for financial help.
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Myth Busting
Students who are not high achieving or top athletes should not spend time searching for scholarships.
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Myth Busting
All students who go to college
leave owing a lot of money.
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Financial Aid Priority Order
Loans
Other Financial Assistance
Scholarships
Grants
Work Study
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What is Financial Aid?
Which should you consider first? Grants
Scholarships
Work Study
Loans
Other Financial Assistance
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Grants
FREE MONEY!
FederalState
Institutional
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Work Study
EARNED MONEY!
InstitutionalFinancial Aid for Working
while a Student 12
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State of Florida Grants
State of Florida Need Grants–
Based on the financial needs of your family
You must be a Florida resident at a qualifying State of Florida college or university
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Scholarships
Scholarships can be: Local, regional, state or national A private or public group Given for many reasons
Check out www.flvc.org to find out what scholarships may match YOU!.
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Loans
1. Money that is borrowed and must
be repaid.
2. All loans are not equal.
3. Understand interest
4. The fine print matters.
5. Borrow responsibly! 15