2. COLLEGE COSTS
What are some of the expenses of going to
college?
• Tuition and fees
• Room and board
• Books and supplies
• Personal expenses
3. TYPES OF FINANCIAL AID
• Grants
• Scholarships
• Work Study
• Loans
• FREE MONEY
• FREE MONEY
• Gain experience and
money
• Pay back
4. FEDERAL STUDENT AID
FAFSA: Free Application for Federal Student Aid
Completing is REQUIRED to receive State and Federal Financial Aid
5. GRANTS
Federal Pell Grant – up to $5,500
Federal supplemental Educational Opportunity Grant (FSEOG)
Teacher Education Assistance for College and Higher Education Grant
(TEACH Grant)
Iraq and Afghanistan Service Grant
6. SCHOLARSHIPS
• GRCC Scholarships
• Easy scholarship to fill out, complete by March 14th if you are planning on
going to GRCC
• Tuition Incentive Program
• If eligible,
• Covers cost of participating Michigan Community Colleges (GRCC)
• Covers $500/semester at a participating 4-year college or university
Notes de l'éditeur
These are the most common forms of Federal Grants, in order to receive you must fill out the FAFSA.
Pell Grants, up to $5,500 per year, are need-based grants. The amount is based on:
your financial need
your cost of attendance
your status as a full-time or part-time student
your plans to attend school for a full academic year or less.
The Federal Supplemental Educational Opportunity Grant (FSEOG) provides money for school to students with exceptional financial need. Awards on average are $736, but can be made of up to $4,000.
The TEACH Grant Program provides grants of up to $4,000 a year to students who are completing or plan to complete course work needed to begin a career in teaching. And agree to the following:
Teach in a high-need field such as Math, Science, Reading
Teach at an elementary school, secondary school, or educational service agency that serves students from low-income families
Teach for at least four complete academic years within eight years after completing (or ceasing enrollment in) the course of study for which you received the grant.
Iraq and Afghanistan Service Grant
For students whose parent or guardian was a member of the U.S. armed forces and died as a result of performing military service in Iraq or Afghanistan after the events of 9/11 • Must be ineligible for a Federal Pell Grant due only to having less financial need than is required to receive Pell funds • Must have been less than 24 years old or enrolled at least part-time at an institution of higher education at the time of the parent’s or guardian’s death