Financial Aid 101

Primary Goal of Financial Aid is to assist students in paying for college and can be achieved by accessing the following resources:

• FAFSA- Free Application for Federal Student Aid  www.fafsa.ed.gov

a. Is filled in October of a student’s senior year in HS and every year they are enrolled in college

b. Based on prior year’s income- parent and student ( 10th grade – will be 2016 income; 9th grade – will be 2017 income)

c. Federal formula calculates the Expected Family Contribution (EFC) – this is typically the amount the family will be expected to pay towards college.

• Student Aid on the Web  www.studentaid.ed.gov/sa/

•  NJ Higher Education Student Assistance Authority    www.hesaa.org
• Scholarships  www.free-4u.com
• CollegeBoard  www.bigfuture.collegeboard.org

 

CAREERS

• O*Net OnLine  www.onetonline.org
• Bureau of Labor Statistics  www.bls.gov/ooh
• Major Careers   www.bigfuture.collegeboard.org/majors-careers
• Your Interest Career    www.bigfuture.collegeboard.org/explore-careers/careers/add-up-your-interests-career/