2011 Financial Aid Forum

Upward Bound Math & Science Centerpresents

*Get your packets and information received

» Today’s Program Agenda

˃ Introduction / Welcome˃What is your dream/goal? “Let’s Explore”˃ Financial Aid Facts˃ Financial Aid Presentation – “The Details”˃ FAFSA on the Web / Review˃ Scholarships – What, Where and How˃ Program Updates˃ Closing

Derek Bok: “If you think education is expensive, try ignorance.”

»What’s your story?

˃ What are your dreams (goals) for the future?+ Think about 10 years from now…

+ Anyone want to share their dream…

+ What will it take-cost?

˃ Cost vs. Benefit+ The benefit of going to college far outweigh the cost+ The more you learn, the more you earn…

» Financial Aid Facts˃ Financial Aid is funds provided to students and

families to help pay for postsecondary educational expenses

˃ Last year (2009-10), there was $154 billion in financial aid awarded to undergraduate students.

˃ Cost of attendance includes: (see handout)+ Tuition, books and on-campus housing costs+ Necessary expenses such as transportation, personal care,

not paid to the college

˃ All costs combined determines the cost of attendance for the college. Depends on the school.

»Where do the financial aid come from:

˃ Federal Government+ Must have financial need+ Awarded by applying through FAFSA every year enrolled

˃ State+ Awarded on basis of merit-scholastic and financial need+ Utilize information from FAFSA

˃ Private Sources+ Businesses, Churches, Charitable organizations+ Scholarships are given+ Deadlines and eligibility varies

Link for demo: fafsademo.test.ed.gov; login/password: eddemo, fafsatest

» FAFSA on the WEB˃ Free Application for Federal Student Aid

+ Website: http://www.fafsa.ed.gov + Takes less time if completed electronically

˃ FAFSA Snapshot – New look / Easier to use+ Reference Handout Received

˃ FAFSA Demo – Let’s do a mock application+ Student: Cory Allen (Lincoln, Texas)

*Example only

Can you get them right?

» FA Review & Quiz

» Scholarships

˃ Need-based Scholarships+ Based on Financial Need+ Usually will require financial information with

application

˃Merit-based Scholarships+ Based on Achievement+ Usually will have minimum GPA and/or test score

standards

» What do I need to complete Scholarships?

˃ Set aside some time˃ Have a HS transcript with you˃ Be ready to write essays/personal statements˃ Ask your parents for their recent tax return

information˃ Have 2-3 recommenders in mind˃ Have patience, but know when the deadline

is. Pace yourself.

» Where do I find scholarships?

˃ Online Scholarship Search Websites + Fastweb.com; + FAFSA.gov+ Others

˃ School Counselor – Local Scholarships˃ UBMS Senior Newsletter (Monthly)˃ Colleges/Universities

˃ Questions

»UBMS Program Updates˃ 2011 Summer Intent, due Feb 25th

˃ ICCP Activities+ January ICCP Due 28th, report cards due Jan 31st

+ February ICCP available next week+ Missed Activities are due Feb 25th

˃ OTA – Tutoring+ Attend session at school/program if average below 81

˃ Video Conferencing+ Feb (Recording) – Feb 12th, Topic: TAKS / SAT Preparation+ March (Live) – March 26th, Topic: Academic Bowl Prep

˃ One-on-One Session, Feb 21-24th

˃ 2011 Bridge Application, due Feb 1st / Mar 1st

˃ University Acceptances – http://www.uta.edu/ubmathsci

The University of Texas at ArlingtonUpward Bound Math & Science CenterP. O. Box 19356, Arlington, Texas 76019Tel. (817) 272 2636 | Email. ubms@uta.edu

» Final Questions

» Thanks to all school administrators for your help!