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Financial Aid
consists of grants, loans, employment opportunities, and
scholarships to help students finance a college education. Financial
aid resources are intended to supplement, not replace, the financial
resources of the family.
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Merit-Based
Financial Aid is awarded in recognition of special skills, talents, and/or
academic ability.
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Need-Based
Financial Aid
is established by specific eligibility criteria based on the
difference between cost of college attendance and the family′s
ability to pay.
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In order to
apply for financial aid, students and parents will need to complete
the Free Application for Federal Student Aid (FAFSA). The
earliest you can submit your FAFSA form is January 1, 2008.
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Completing FAFSA
on the Internet is recommended and much faster.
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The
first step to completing the FAFSA on the web is to request a PIN
number, which is used to electronically ″sign″ your name. You can go
to
www.pin.ed.gov
for the PIN number. Students and a parent need a pin
number.
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Then
students and parents should use the ″FAFSA on the Web″
worksheet to prepare before going online to apply. These
worksheets are available in the Counselor′s office.
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Next
go to
www.fafsa.ed.gov
to complete and submit the FAFSA. If you supply an email address,
you will receive a link to your Student Aid Report (SAR) in one to
five days. If you do not supply an email address, you will receive a
SAR Information Acknowledgement within two weeks.
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Remember to print copies of all your information including the FAFSA
form and the SAR so you may readily access them.
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All schools you list on the FAFSA form will receive your financial
information. The Financial Aid office will use the Expected Family
contribution (EFC) to determine how much federal student aid you can
get. They will then notify you of your financial aid package for
that specific school.
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The schools you are applying to may also have campus-based aid
programs, so check with them about applications and deadlines.
Remember, if you do not meet deadlines you will miss out on aid for
your education.
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Below are
some web-sites and phone numbers
that are useful
in the financial aid process:
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