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2012
SENIOR EXIT
INTERVIEW
              1
Twenty-first Century Scholar
         Affirmation Form
• The online form will available in January at
  www.21scholars.com/affirmation.html. The paper
  affirmation will also be available in your guidance
  office.
• If attending an alternative high school, provide the
  name of the high school that will issue your high
  school diploma.
• Be sure to provide your expected high school
  graduation date.
                                                     2
Affirmation Verification
• A number of Affirmation Forms will be
  randomly selected for verification. You will
  be notified by mail if your Affirmation
  Form has been selected for verification.
• If selected, you must comply with the
  verification request in order to receive the
  scholarship.

                                                 3
To Use Twenty-first Century Scholarship
•Graduate from Indiana high school with overall C average (2.0 or
higher on a 4-point scale).
•Submit your signed Twenty-first Century Scholars pledge
affirmation by March 10 of senior year.
•File for state and federal financial aid by completing and submitting
the Free Application for Federal Student Aid (FAFSA) by March 10.
Make any required corrections by May 15th. File FAFSA by March
deadline and make corrections by May deadline every subsequent
year.
•Apply for admission and institutional financial aid at the Indiana
college you will attend by the deadline for each college.
•Enroll as a full-time student & maintain Indiana residency (as
determined by the permanent residency of your parent or legal
guardian).
•You have one year to activate your scholarship and eight years to
finish using it.                                                 4
FINANCIAL AID
  OVERVIEW




                5
Applying for Financial Aid

 The three types of Aid:

     -Federal Aid
     -State Aid
     -Institutional Aid

                             6
APPLICATION PROCESS
• Submit the Free Application for Federal Student
  Aid (FAFSA) prior to the college or state
  deadline, whichever is first
   – SSACI receipt date deadline is 3/10/2012
• To ensure maximum consideration for
  federal, state, and college aid, check information
  from each school to determine:
   – Required application materials
   – Application deadlines
                                                       7
Free Application for Federal
         Student Aid (FAFSA)
• Collects family’s personal and financial
  information used to calculate the student’s
  Expected Family Contribution (EFC)
      • Calculates also Parental Contribution (PC)
      • Calculates also Student Contribution (SC)
      • EFC = PC + SC
• May file the FAFSA in one of two ways:
      • FAFSA on the Web at www.fafsa.ed.gov
          – Parents and students must get a PIN at www.pin.ed.gov before
            filing FAFSA on the Web
          – Helps to complete pre-application worksheet as well
      • Paper FAFSA

                                                                           8
FAFSA on the Web:
 www.fafsa.ed.gov




                    9
To Register for a PIN
  www.pin.ed.gov




                        10
Avoid fafsa.com

And any other service that
charges to file, track or
expedite the FAFSA

Don’t pay for information and
applications that are FREE!
                             11
FREE ASSISTANCE WITH THE FAFSA
 College Goal Sunday: February 12, 2012 at 2:00 p.m.
  (check with your school guidance office for closest
  site)

 Free Publications: (usually in the Guidance Office)
  FUNDING YOUR EDUCATION
  FAFSA online worksheet
  FAFSA – paper copy

 Free Application for Federal Student Aid website:
  www.fafsa.ed.gov
  1-800-4-FED-AID (1-800-433-3243)

 Online at www.ed.gov (click on Financial Aid in the
     Information Center box)                        12
Applying for Federal and State Aid
                                                 3. Review/Correct SAR
1. Complete FAFSA                                  Check for accuracy
WHAT YOU NEED:                                     Submit corrections
 - Social Security card & drivers license          by May 15
 - W-2 forms
 - Federal income tax return                       SAR will contain the
                                                   EFC (Expected
   (student & parents)
                                                   Family Contribution)
 - Records of other untaxed income
                                                 4. Review Financial
 -   Bank statements & investment records
 -   Business & farm records
                                                     Aid Award Letter
 -   Alien registration card                        Schools to which
                                                    you have applied
 -   FAFSA online worksheet (if filing online)
                                                    will send a Financial
Indiana Deadline – Received by March 10             Aid Package
3-4 days to process online                          Including grants,
4-6 weeks to process snail mail                     loans, and work-
Will send SAR (Student Aid Report) to family        studies.
2. Complete Institution’s application
                                                 5. Pick One School;
or PROFILE, if required by the school
                                                    notify the others
                                                                    13
FAFSA Processing Results

• CPS – Central Processing Service – notifies
  student of the FAFSA’s processing results by:
   – Paper Student Aid Report (SAR-white with blue stripe)
     if paper FAFSA filed and student’s e-mail address was
     not provided
   – SAR Acknowledgement if filed via FAFSA on
     the Web and student’s e-mail address was not
     provided
   – By email otherwise!
• Check the SAR or on-line as soon as notified
• DON’T WAIT!

                                                         14
Sample Student Aid Report




                            15
SSACI Programs
                   http://www.in.gov/ssaci/
 Frank O’Bannon Grant – full time only
    Higher Education Award (HEA)
    Freedom of Choice Grant (FOC)
    Academic Honors Diploma and Core 40 Enhancements
 Supplemental Grants to the Frank O’Bannon Grant
    Twenty-first Century Scholarship – full time only
    National Guard Supplemental Grant – part time & full time
       Student cannot have both!
 Part Time Grant Program
    Less than 12 credit hours per semester
    Only available at public and independent colleges

                                                                 16
Special Programs
                      http://www.in.gov/ssaci/
 Mitch Daniels Early Graduation Scholarship
     Must graduate a year early – application required
 Hoosier Scholar Award
     Academic - must be nominated by high school counselor
 Robert C. Byrd Honors Scholarship Program
     Academic - application required
 Minority Teacher and Special Education Services Scholarship
     Work commitment - application required
 Nursing Scholarship Program
     Work commitment - application required
 Work-Study Program
     Usually summer - application required
 Child of Veteran & Public Safety Officer Supplemental Grant Program
     For children of disabled veterans or public safety officers killed in the line
      of duty - application required
                                                                                  17
March 10, 2012
FAFSA Receipt Date Deadline
FAFSA On The Web
• Get a PIN first (student and parent)
• Complete Pre-Application Worksheet (on-
  line format different than paper)
• Print and mail signature page if necessary
• Print and keep a copy of the confirmation
  page
• Make sure to create and submit FAFSA, not
  just create and save

                                           18
EDITS OR CORRECTIONS
      TO THE FAFSA & STATE AID
    When you receive your Student Aid Report
(SAR), review it and make any requested or required
     corrections. These may be made online at
                    fafsa.ed.gov


Check to see if you have corrections required by the
                       state at
    http://www.in.gov/ai/appfiles/eStudents/

   ALL CORRECTIONS MUST BE MADE/RECEIVED
                 BY MAY 15!
                                                 19
MAY 15, 2012
  Edit Correction Receipt Deadline
Edits posted on-line for student to see at eStudent
            www.ssaci.IN.gov/estudent/
                   Go eStudent!
• SSACI sends state aid eligibility information
  to student’s first choice college indicating
  which edits apply
• It is the student’s responsibility to correct edits
• Necessary corrections must be in the hands of
  the federal processor by May 15th, 2012.
                                                    20
www.ssaci.IN.gov/eStudent
• List all likely colleges on FAFSA
• Make sure correct college is first choice on
  the FAFSA
• Can change first choice college at eStudent
  -But chosen college must be on the FAFSA too!
• Can change address at eStudent
• Can reprint award notice at eStudent
• Can see all edits (‘issues’) at eStudent
                                                  21
eStudent Login
http://www.in.gov/ai/apfiles/estudents/




                                          22
Grant Example from 2009-10
              Full need student with a PC = $0
   School/                 Frank
  Maximum                O’Bannon           Twenty-first
   Award                                      Century              Both
IUB                                                               grants
$8,600                     $4,200              $4,400           combined
(approximate tuition)   Approximate award   Approximate award       are
Butler                                                          maximum
$7,584                     $6,000              $1,500            possible
(actual $29,246)        Approximate award   Approximate award    awards
IVTSC
$3,100                     $2,400               $700
(approximate tuition)   Approximate award   Approximate award               23
… Another Example from 2009-10
   No need student with a PC = $20,000
     School/              Frank
    Maximum             O’Bannon    Twenty-first
     Award                            Century
IUB
$8,600                    $0           $8,600
(approximate tuition)              (approximate award)

Butler
$7,584                    $0           $6,306
(actual $29,246)                   (maximum 21st award)

IVTSC
$3,100                    $0           $3,100
(approximate tuition)              (approximate award)
                                                          24
TWENTY-FIRST CENTURY
     SCHOLARSHIP
• Covers tuition only, not Room &
  Board, books, etc.
• Guarantees 100% tuition at public colleges
  and at Ivy Tech Community College
• Pays partial tuition at private or independent
  colleges
• Pays partial tuition at approved for-profit
  specialty or proprietary schools
• Provides up to 8 semesters of tuition
  assistance toward an undergraduate degree
                                                   25
High School GPA Requirement
• Twenty-first Century Scholar students must
  graduate high school with a cumulative high
  school grade point average (GPA) of 2.0 or
           higher on a 4-point scale.
• High school guidance counselors will report
     your GPA to the Twenty-first Century
              Scholars program.

                                           26
SAT/ACT
• Can register online at:
          SAT: collegeboard.com
          ACT: http://act.org
• Test fees for the SAT may be waived
  once as junior and once as senior.
  Waivers for the ACT require letter from
  school counselor and may/may not be
  approved.

                                            27
ACT Testing Information
             http://act.org
           2011-2012 ACT Testing/Registration
2010/2011 Test Dates   Regular Registration     Late Registration
                            Deadlines         Deadlines (fee applies)
 October 22, 2011      September 16, 2011        September 17 –
                                               September 30, 2011
December 10, 2011      November 13, 2011         November 5 –
                                                   18, 2011
February 11, 2012       January 13, 2012      January 14 – 20, 2012

  April 14, 2012         March 9, 2012        March 10 – 23, 2012

   June 9, 2012           May 4, 2012           May 5 – 18, 2012



                                                                   28
SAT Testing Information
                  www.collegeboard.com
                 2011-2012 Testing/Registration
2011/2012 Test         Test         Regular       Late Registration
    Dates                          Registration     Deadline (fee
                                    Deadline           applies)
 10/01/2011        SAT & Subject    09/9/2011        09/21/2011
                       Tests
 11/05/2011        SAT & Subject   10/07/2011        10/21/2011
                       Tests
 12/03/2011        SAT & Subject   11/08/2011        11/20/2011
                       Tests
 01/28/2012        SAT & Subject   12/30/2011        01/13/2012
                       Tests
 03/10/2012          SAT only      02/10/2012        02/24/2012
 05/05/2012        SAT & Subject   04/06/2012        04/20/2012
                       Tests
 06/02/2012        SAT & Subject   05/08/2012        05/22/2012
                       Tests                                   29
What is the difference between the ACT
                 and SAT?
• The ACT is an achievement test, measuring what a student
  has learned in school. The SAT is more of an aptitude
  test, testing reasoning and verbal abilities.

• The ACT has up to 5 components:
  English, Mathematics, Reading, Science, and an optional
  Writing Test (needs to be taken if required by the
  college(s) you are applying to). The SAT has 3
  components: Verbal, Mathematics, and a required Writing
  Test.

• The SAT has a correction for guessing. That is, points are30
  taken off for wrong answers. The ACT is scored based on
SELECTING A COLLEGE OR SCHOOL
              Things to consider:
What is your eventual career goal?
Which school is the top choice for this kind of
training?
Which school will provide the best financial aid
package?
What are alternate schools in case I can’t get into
my top choice?
           ALWAYS HAVE A PLAN B!
                                                   31
INCENTIVES FOR SCHOLARS
        scholars.in.gov
  •List of colleges that accept the
 Twenty-first Century Scholarship
•Waiver of application fees or other
     incentives for scholars
•Click on Eligible Colleges – list is
  alphabetical by name of school
                                      32
SIX SIGNS OF A SCHOLARSHIP SCAM


Scholarship guaranteed or your money back
You can’t get this information anywhere else
May I have your credit card or bank account
     number to hold this scholarship?
           We’ll do all the work.
   The scholarship will cost some money
  You’ve been selected…You’re a finalist
                                            33
SATISFACTORY ACADEMIC PROGRESS
        & FINANCIAL AID
 First-year college students will be
  required to meet “satisfactory academic
  progress” as defined by their college.
 Sophomores will be required to
  maintain at least a 2.25 GPA
 College juniors and seniors must
  maintain at least a 2.5 GPA beginning
  Fall 2013.



                                        34

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Senior Exit Interviews: Financial Aid Overview

  • 2. Twenty-first Century Scholar Affirmation Form • The online form will available in January at www.21scholars.com/affirmation.html. The paper affirmation will also be available in your guidance office. • If attending an alternative high school, provide the name of the high school that will issue your high school diploma. • Be sure to provide your expected high school graduation date. 2
  • 3. Affirmation Verification • A number of Affirmation Forms will be randomly selected for verification. You will be notified by mail if your Affirmation Form has been selected for verification. • If selected, you must comply with the verification request in order to receive the scholarship. 3
  • 4. To Use Twenty-first Century Scholarship •Graduate from Indiana high school with overall C average (2.0 or higher on a 4-point scale). •Submit your signed Twenty-first Century Scholars pledge affirmation by March 10 of senior year. •File for state and federal financial aid by completing and submitting the Free Application for Federal Student Aid (FAFSA) by March 10. Make any required corrections by May 15th. File FAFSA by March deadline and make corrections by May deadline every subsequent year. •Apply for admission and institutional financial aid at the Indiana college you will attend by the deadline for each college. •Enroll as a full-time student & maintain Indiana residency (as determined by the permanent residency of your parent or legal guardian). •You have one year to activate your scholarship and eight years to finish using it. 4
  • 5. FINANCIAL AID OVERVIEW 5
  • 6. Applying for Financial Aid The three types of Aid: -Federal Aid -State Aid -Institutional Aid 6
  • 7. APPLICATION PROCESS • Submit the Free Application for Federal Student Aid (FAFSA) prior to the college or state deadline, whichever is first – SSACI receipt date deadline is 3/10/2012 • To ensure maximum consideration for federal, state, and college aid, check information from each school to determine: – Required application materials – Application deadlines 7
  • 8. Free Application for Federal Student Aid (FAFSA) • Collects family’s personal and financial information used to calculate the student’s Expected Family Contribution (EFC) • Calculates also Parental Contribution (PC) • Calculates also Student Contribution (SC) • EFC = PC + SC • May file the FAFSA in one of two ways: • FAFSA on the Web at www.fafsa.ed.gov – Parents and students must get a PIN at www.pin.ed.gov before filing FAFSA on the Web – Helps to complete pre-application worksheet as well • Paper FAFSA 8
  • 9. FAFSA on the Web: www.fafsa.ed.gov 9
  • 10. To Register for a PIN www.pin.ed.gov 10
  • 11. Avoid fafsa.com And any other service that charges to file, track or expedite the FAFSA Don’t pay for information and applications that are FREE! 11
  • 12. FREE ASSISTANCE WITH THE FAFSA  College Goal Sunday: February 12, 2012 at 2:00 p.m. (check with your school guidance office for closest site)  Free Publications: (usually in the Guidance Office) FUNDING YOUR EDUCATION FAFSA online worksheet FAFSA – paper copy  Free Application for Federal Student Aid website: www.fafsa.ed.gov 1-800-4-FED-AID (1-800-433-3243)  Online at www.ed.gov (click on Financial Aid in the Information Center box) 12
  • 13. Applying for Federal and State Aid 3. Review/Correct SAR 1. Complete FAFSA Check for accuracy WHAT YOU NEED: Submit corrections - Social Security card & drivers license by May 15 - W-2 forms - Federal income tax return SAR will contain the EFC (Expected (student & parents) Family Contribution) - Records of other untaxed income 4. Review Financial - Bank statements & investment records - Business & farm records Aid Award Letter - Alien registration card Schools to which you have applied - FAFSA online worksheet (if filing online) will send a Financial Indiana Deadline – Received by March 10 Aid Package 3-4 days to process online Including grants, 4-6 weeks to process snail mail loans, and work- Will send SAR (Student Aid Report) to family studies. 2. Complete Institution’s application 5. Pick One School; or PROFILE, if required by the school notify the others 13
  • 14. FAFSA Processing Results • CPS – Central Processing Service – notifies student of the FAFSA’s processing results by: – Paper Student Aid Report (SAR-white with blue stripe) if paper FAFSA filed and student’s e-mail address was not provided – SAR Acknowledgement if filed via FAFSA on the Web and student’s e-mail address was not provided – By email otherwise! • Check the SAR or on-line as soon as notified • DON’T WAIT! 14
  • 15. Sample Student Aid Report 15
  • 16. SSACI Programs http://www.in.gov/ssaci/  Frank O’Bannon Grant – full time only  Higher Education Award (HEA)  Freedom of Choice Grant (FOC)  Academic Honors Diploma and Core 40 Enhancements  Supplemental Grants to the Frank O’Bannon Grant  Twenty-first Century Scholarship – full time only  National Guard Supplemental Grant – part time & full time  Student cannot have both!  Part Time Grant Program  Less than 12 credit hours per semester  Only available at public and independent colleges 16
  • 17. Special Programs http://www.in.gov/ssaci/  Mitch Daniels Early Graduation Scholarship  Must graduate a year early – application required  Hoosier Scholar Award  Academic - must be nominated by high school counselor  Robert C. Byrd Honors Scholarship Program  Academic - application required  Minority Teacher and Special Education Services Scholarship  Work commitment - application required  Nursing Scholarship Program  Work commitment - application required  Work-Study Program  Usually summer - application required  Child of Veteran & Public Safety Officer Supplemental Grant Program  For children of disabled veterans or public safety officers killed in the line of duty - application required 17
  • 18. March 10, 2012 FAFSA Receipt Date Deadline FAFSA On The Web • Get a PIN first (student and parent) • Complete Pre-Application Worksheet (on- line format different than paper) • Print and mail signature page if necessary • Print and keep a copy of the confirmation page • Make sure to create and submit FAFSA, not just create and save 18
  • 19. EDITS OR CORRECTIONS TO THE FAFSA & STATE AID When you receive your Student Aid Report (SAR), review it and make any requested or required corrections. These may be made online at fafsa.ed.gov Check to see if you have corrections required by the state at http://www.in.gov/ai/appfiles/eStudents/ ALL CORRECTIONS MUST BE MADE/RECEIVED BY MAY 15! 19
  • 20. MAY 15, 2012 Edit Correction Receipt Deadline Edits posted on-line for student to see at eStudent www.ssaci.IN.gov/estudent/ Go eStudent! • SSACI sends state aid eligibility information to student’s first choice college indicating which edits apply • It is the student’s responsibility to correct edits • Necessary corrections must be in the hands of the federal processor by May 15th, 2012. 20
  • 21. www.ssaci.IN.gov/eStudent • List all likely colleges on FAFSA • Make sure correct college is first choice on the FAFSA • Can change first choice college at eStudent -But chosen college must be on the FAFSA too! • Can change address at eStudent • Can reprint award notice at eStudent • Can see all edits (‘issues’) at eStudent 21
  • 23. Grant Example from 2009-10 Full need student with a PC = $0 School/ Frank Maximum O’Bannon Twenty-first Award Century Both IUB grants $8,600 $4,200 $4,400 combined (approximate tuition) Approximate award Approximate award are Butler maximum $7,584 $6,000 $1,500 possible (actual $29,246) Approximate award Approximate award awards IVTSC $3,100 $2,400 $700 (approximate tuition) Approximate award Approximate award 23
  • 24. … Another Example from 2009-10 No need student with a PC = $20,000 School/ Frank Maximum O’Bannon Twenty-first Award Century IUB $8,600 $0 $8,600 (approximate tuition) (approximate award) Butler $7,584 $0 $6,306 (actual $29,246) (maximum 21st award) IVTSC $3,100 $0 $3,100 (approximate tuition) (approximate award) 24
  • 25. TWENTY-FIRST CENTURY SCHOLARSHIP • Covers tuition only, not Room & Board, books, etc. • Guarantees 100% tuition at public colleges and at Ivy Tech Community College • Pays partial tuition at private or independent colleges • Pays partial tuition at approved for-profit specialty or proprietary schools • Provides up to 8 semesters of tuition assistance toward an undergraduate degree 25
  • 26. High School GPA Requirement • Twenty-first Century Scholar students must graduate high school with a cumulative high school grade point average (GPA) of 2.0 or higher on a 4-point scale. • High school guidance counselors will report your GPA to the Twenty-first Century Scholars program. 26
  • 27. SAT/ACT • Can register online at: SAT: collegeboard.com ACT: http://act.org • Test fees for the SAT may be waived once as junior and once as senior. Waivers for the ACT require letter from school counselor and may/may not be approved. 27
  • 28. ACT Testing Information http://act.org 2011-2012 ACT Testing/Registration 2010/2011 Test Dates Regular Registration Late Registration Deadlines Deadlines (fee applies) October 22, 2011 September 16, 2011 September 17 – September 30, 2011 December 10, 2011 November 13, 2011 November 5 – 18, 2011 February 11, 2012 January 13, 2012 January 14 – 20, 2012 April 14, 2012 March 9, 2012 March 10 – 23, 2012 June 9, 2012 May 4, 2012 May 5 – 18, 2012 28
  • 29. SAT Testing Information www.collegeboard.com 2011-2012 Testing/Registration 2011/2012 Test Test Regular Late Registration Dates Registration Deadline (fee Deadline applies) 10/01/2011 SAT & Subject 09/9/2011 09/21/2011 Tests 11/05/2011 SAT & Subject 10/07/2011 10/21/2011 Tests 12/03/2011 SAT & Subject 11/08/2011 11/20/2011 Tests 01/28/2012 SAT & Subject 12/30/2011 01/13/2012 Tests 03/10/2012 SAT only 02/10/2012 02/24/2012 05/05/2012 SAT & Subject 04/06/2012 04/20/2012 Tests 06/02/2012 SAT & Subject 05/08/2012 05/22/2012 Tests 29
  • 30. What is the difference between the ACT and SAT? • The ACT is an achievement test, measuring what a student has learned in school. The SAT is more of an aptitude test, testing reasoning and verbal abilities. • The ACT has up to 5 components: English, Mathematics, Reading, Science, and an optional Writing Test (needs to be taken if required by the college(s) you are applying to). The SAT has 3 components: Verbal, Mathematics, and a required Writing Test. • The SAT has a correction for guessing. That is, points are30 taken off for wrong answers. The ACT is scored based on
  • 31. SELECTING A COLLEGE OR SCHOOL Things to consider: What is your eventual career goal? Which school is the top choice for this kind of training? Which school will provide the best financial aid package? What are alternate schools in case I can’t get into my top choice? ALWAYS HAVE A PLAN B! 31
  • 32. INCENTIVES FOR SCHOLARS scholars.in.gov •List of colleges that accept the Twenty-first Century Scholarship •Waiver of application fees or other incentives for scholars •Click on Eligible Colleges – list is alphabetical by name of school 32
  • 33. SIX SIGNS OF A SCHOLARSHIP SCAM Scholarship guaranteed or your money back You can’t get this information anywhere else May I have your credit card or bank account number to hold this scholarship? We’ll do all the work. The scholarship will cost some money You’ve been selected…You’re a finalist 33
  • 34. SATISFACTORY ACADEMIC PROGRESS & FINANCIAL AID  First-year college students will be required to meet “satisfactory academic progress” as defined by their college.  Sophomores will be required to maintain at least a 2.25 GPA  College juniors and seniors must maintain at least a 2.5 GPA beginning Fall 2013. 34