COLLEGE PLANNING PARENT NIGHT - Colleges and Application Types 2. Financial Aid 3. Naviance

COLLEGE PLANNING
                PARENT NIGHT

    1.   Colleges and Application Types

    2.   Financial Aid

    3.   Naviance

1

Trade and Technical Schools

    1.    Start application NOW!
         A.   Check with school to see if placement tests or
              interviews are required.
         B.   Request GHS transcript via Naviance.
    2.    Complete the FAFSA as soon after
          October 1 as possible.
    3.    Apply for scholarships.

2

2-Year Colleges

    1.    Apply NOW if needed (RCC bound students
          who have taken a dual course at GHS are
          already RCC students).
         A.   Schedule placement tests if needed.
         B.   Request GHS transcript via Naviance.
    2.    Complete the FAFSA as soon after
          October 1 as possible.
    3.    Apply for scholarships.
3

4-Year Colleges

    1.    Apply as soon as possible.
         A. Request teacher recommendations AND
             transcripts via Naviance.
         B. Make sure SAT and ACT scores are sent to
             colleges by the testing agency.
    2.    Complete the FAFSA as soon after October 1 as
          possible.
    3.    Apply for scholarships.
    4.    In June, if you have an RCC transcript, have it sent
          to college you will attend.
4

4-Year Colleges

       If you are applying to colleges that use the
        Common Application you must link your
        Naviance account with the Common
        Application.
       This will require you to do the FERPA Waiver
        on the Common Application AND then go to
        your Naviance account and link it.

5

4-YEAR COLLEGE
               APPLICATION TYPES

       Early Decision (Binding – 1 school only)
       Early Action (Non-binding – multi schools)
       Priority Deadline (often tied to scholarships
        and special programs)
       Regular Decision
       Rolling Admissions

       National Decision Day – May 1, 2019
6

Financial Aid 2019-2020
                          (for the 2020-21 SY)

       To the extent possible, it is the family’s responsibility
        to pay for their child’s postsecondary education.
       When that is not possible, the government will
        evaluate the circumstances and assist if it is
        determined that the student is eligible for federal
        financial aid.
       Financial Aid consists of outside funds that are
        provided to students and families to help pay for
        postsecondary educational expenses.
                                                 NASFAA, 2008
7

Types of Financial Aid

       Grants
         – Do not need to be repaid. (Opportunities, p. 19)
       Work Study
         – Must work to earn. (Opportunities, p. 20)
       Loans
         – Must be repaid. Low, fixed interest. (Opportunities,
           pp. 20-21)
       Scholarships
         – Do not need to be repaid. (Opportunities, pp. 21-23)
         – More in the Naviance section of this presentation.

8

Federal Programs

       Pell Grant ($6,195, for SY19-20)
       FSEOG Grant ($100-$4,000)
       TEACH Grant ($3,764)
       Federal Work Study (varies)
       Federal Direct Loans (max/yr $5,500/$6,500/$7,500)
       Federal Direct PLUS Loan (maximum varies)

9

State and College Aid Programs

        Opportunities booklet (pp.31-33)

        Check with Financial Aid Office at the college
         for college specific aid and application
         information.
        College funds are often tied to Priority
         Application Deadlines.

10

Financial Aid Math

      COA – EFC = Need

11

Cost of Attendance (COA)

        Direct costs
         –   Tuition, Room and Board, Fees… anything that is
             billable by the institution

        Indirect costs
         –   Books, travel expenses, utilities, loan fees,
             personal expenses for a required computer, study
             abroad fees, disability related expenses

12

Expected Family Contribution (EFC)

        Amount the family can reasonably be expected to
         contribute.
        Stays the same regardless of the college.
        Parent contribution the same regardless of number
         of students in college.
        Two components:
          – Parent contribution
          – Student contribution
        Calculated using data from the FAFSA.
13

How Is Need Determined?

                 Cost of Attendance (COA)
       -Expected Family Contribution (EFC)
          ___________________________
                          =Financial Need

14

Need - Example

     Example: James Madison University (SY18-19)

                  Cost of Attendance (COA) $23,144
     -   Expected Family Contribution (EFC) $4,000
                  ____________________________
                           =Financial Need $19,144

15

Financial Aid Forms

     •Some schools require the CSS/Profile

     •Some schools have College Specific Forms

     •Scholarships almost always require a separate
     application.

     •The Free Application for Federal Student Aid (FAFSA)
     is the primary document needed to access federal
     student aid. It is also, typically, the primary document
16   needed to access state aid and institutional aid.

CSS Financial Aid Profile

        https://profileonline.collegeboard.com

        Used at selected schools to access their aid.

        Done online.

        Fee per school.

17

College Specific Forms

        Check with the financial aid office of EVERY
         college you are applying to.

        Be aware of deadlines, especially PRIORITY
         deadlines for both admissions applications
         and financial aid forms.

18

FAFSA

        FAFSA NOW USES Prior-Prior Year taxes.
         Info will come from your 2018 taxes.

        New filing date: opens October 1, 2019. Do it before
         the end of October. Some college Priority FA deadlines
         are moving into December and January (pp. 34-37).

19

FAFSA

        www.fafsa.ed.gov
        FREE!

        Be careful of the website!!! fafsa.com and fafsa.org are FEE
         BASED SITES. DON’T USE THEM!!!!!!!!!

        Submitted as soon as possible AFTER October 1, 2019.

        Must be updated annually!

20

The FAFSA Process

     Step 1: -Go to fafsa.gov and get FSA ID for student
                   and one parent. (7 minutes each)

     Step 2: -Complete and file the FAFSA as soon AFTER
           October 1, 2019 as you can (this weekend).
           Use the IRS Data Retrieval Tool and be done at
           once! (23 minutes total)

     Step 3: -Review SAR and correct if needed.

21

The FAFSA

     Get information needed together before you start.
     Section 1 – Student Information
     Section 2 – Student Dependency
     Section 3 – Parent Financial Information
     Section 4 – Student Financial Information
     Colleges to Receive - Federal School Codes for
     Virginia schools are in the Opportunities Book, pp-34-
     37. Out-of- State can be found in “look up” in the
     FAFSA.

22

FAFSA – Things to Remember

        Answer all questions that show up.
        Put “0” when answer is zero. Don’t leave
         blanks.
        Don’t forget to put in college codes before
         sending (up to 10 colleges).
        Read the instructions carefully, take your
         time. Call for help: 1-800-4-FED-AID

23

Special Circumstances

        If you believe you have special
         circumstances you must deal DIRECTLY
         with each school’s financial aid office.
        The federal government WILL NOT get
         involved with you about this.
        Decisions are final and can vary from school
         to school.

24

Student Aid Report (SAR)

        EFC will be listed

        Review thoroughly

        Will need to be corrected if any errors are made
         on initial FAFSA (SSN, names, $-amounts)

25

Award Letters

        Every school that accepts a student and has the
         FAFSA on file will send an award letter.

        Review the award letter of the school you will attend
         and accept or deny any part of the award, you can
         even deny a part of any type of aid offered (ex: ½ the
         Stafford Loan offered) .

        Look at the example in Opportunities, p. 25.

26

Get the APP

        myStudentAid - Mobile App

        AFTER you have completed the FAFSA
         online we suggest you use get the App
         available to manage changes and updates

        From the App you change add schools, reset
         FSA IDs, and access your SAR.
27

QUESTIONS

     Please stay if you did not attend one of the
     Naviance presentations at Open House.

28

NAVIANCE

     How to:
      Add Colleges/Requesting Transcripts in
       Naviance
      Link to the Common Application
      Request Letters of Recommendation
      Sign up for College Visits to GHS
      Search for Scholarships

29

Adding Colleges on Naviance
     Click the Colleges
     tab in the top right
     corner of the
     home screen and
     select “Colleges
     Home.”

                You can also
                access “Colleges
                I’m Applying to”
                from the My
                Favorites column
                on the home
                screen

30

Adding Colleges on Naviance

     Select “Colleges I’m Applying to”   Select the
     from the Colleges home screen.      Pink Button
                                         in the corner.

                                           Follow Step 1 by:
                                           •   Selecting from drop box or
                                               typing the name of your
                                               college

                                           •   Selecting the app type
                                               (Regular Decision, Early
                                               Action, Early Decision, etc)

                                           •   Selecting how you are
                                               applying to the school
                                               (directly to the institution,
                                               Common App, etc)

                                           •   Let us know if you’ve
                                               submitted your app and
                                               select “Add and Request
31                                             Transcript”

Requesting Transcripts on
     Naviance

           Follow Step 2 by:
           • Selecting Initial
              Transcript to be
              sent to the
              school you are
              applying to.

           •   Click “Request
               and Finish.”

               You may also request transcripts at a later date
               by selecting ‘Manage Transcript Requests’ in
               the college home page
32

Linking your Common App to
Naviance

This is necessary for students to students to complete in order for
their school counselor to send transcripts to their Common
Application school.
To check if you have completed this step or not, simply click under
“Colleges I’m applying to” if the banner is red, this indicates you
have not.

If it is green then there is no need for further action on your part.

From the Home
     Page, click on
     “College Search”

34

In the College or
City Name box,
enter the college
of interest and press Enter

35

Check the box beside the
     college you selected, and
     then press add.

36

Once your college has been added,
     click the “My Colleges” tab. Click
     “Recommenders and FERPA.”

                              If this is your first school,
                              you will be prompted to
                              complete the current or
                              most recent school lookup
                              question on the Education
                              screen.
37

After completing your most
     recent school in the Education
     tab, you will be able to Release
     FERPA Authorization.

38

After reading the
     statements, check the box
     and press continue

39

Please keep in mind that whichever release authorization
 you choose – once you match accounts with Naviance
 you cannot undo or change your FERPA release.

 Once you’ve chosen, acknowledged that selections are
 final, and signed – click save and return to Naviance.

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41

Requesting Letters of
     Recommendation

      From the Colleges
      Home page, select
      “Letters of
      Recommendation” from
      the Apply to Colleges
                              Click ‘Add Request’ and fill in the
      section.
                              information on the page to finish the
                              request.

42

How to Sign Up for College
     Recruiter Visits
     On the College
     Home page, scroll
     all the way down to
     ‘Upcoming College
     Visits’.

     Select “Show more”
     to see a list of all
     current colleges
     signed up to visit
     GHS.

     To visit with a
     representative,
     select “register now”
     by your school of
     choice!
43

How to Search for Scholarships

     From the Colleges Home
     page, scroll to the
     Scholarships and Money         Check the Scholarship List frequently
     section. There are two         throughout scholarship season as we
     school scholarship searches.   add scholarships to the list as they come
                                    in.

       The Scholarship List links
       to locally added
       scholarships aimed for
       GHS Students.

       The National Scholarship
       Search links to a
       nationwide scholarship
44     search via Sallie Mae.

Questions?

     Questions now?

     Call or email if you think of questions later.

     Thanks for coming.

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