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How To Apply for Financial Aid
CAMPUS-BASED
SCHOLARSHIPS AND GRANTS
(from the colleges themselves) – Your application for need-based
and merit-based awards from colleges is most likely automatic when
you submit your college admission application (some colleges require
a short, additional form). You also will be required to complete
the FAFSAfinancial
aid application and/or the CSS/PROFILE
financial aid application.
Other campus-based scholarships (such as athletic, alumni association,
college major department, etc.) may require additional forms; check
with each college for specific instructions.
PRIVATE SCHOLARSHIPS – Each
private source of funding has its own application process and criteria
for giving awards. Ask your high school counselor or the sponsors
of scholarships for details regarding applications, essays, required
letters of recommendation, etc.
FEDERAL STUDENT
AID – Application
for federal financial aid is automatic when the FAFSA application is
submitted. These awards are based solely on students’ financial
situation. You will be offered federal financial aid in the financial
aid award letters (or Award e-mails) you will receive from your colleges
in March and April. Colleges will send additional forms (and
promissory notes) for you to complete to accept financial awards. You
can accept or reject any or all of the awards offered. If you
have questions, contact the financial aid offices at your colleges.
Federal student aid includes:
- Federal Pell Grants.
- FSEOG Grants (Federal Supplemental Educational Opportunity
Grants).
- Academic Competitive Grants (AC Grants)
- Federal Work Study.
- Federal Perkins Loans.
- Federal Stafford Loans.
- PLUS Loans (Parent Loans for Undergraduate Students).
STATE
STUDENT AID – Application
for state-based financial aid is usually automatic when the FAFSA application
is submitted – check the requirements of your home state. Additional
application forms may be required, ask your high school counselor. California
students are required to complete the GPA
Verification form
(a simple, 1-page form) in addition to the FAFSA application.
PRIVATE
and ALTERNATIVE LOANS – Applications
for these loans are specific to each lending institution (each bank
will have its own application forms). Contact lenders for instructions. A
list of potential private lenders is shown on a Loan
Summary Table. |