Class of 2009

Financial Aid&Scholarships

Show Me The Money

3 UNDERLYING PRINCIPLES OF FINANCIAL NEEDIt is the students and the parents responsibility to pay for postsecondary education costs.

The amount of aid given should be based on the familys ability to pay, not willingness to pay.

The familys ability to pay should be independent of the amount of financial aid available and the cost of attending postsecondary school. Independent Studentat least 24 years old married graduate or professional studentveteran member of the armed forces an orphan a ward of the court legal dependents other than a spousean emancipated minor is homeless or at risk of becoming homelessTypes of Financial AidScholarshipsMerit BasedNeed BasedUnique CharacteristicsGrantsLoansStudentParentEmployment

How Merit Scholarships may be AwardedEligibility Grid for Academic ScholarshipsMoney ValueHS GPA/GEDPOINTS*SAT/ACT Scores3.4011100/243.5021130/253.6031170/263.7041210/273.8051240/283.9061280/294.0071360/31AMOUNT2 or 3 total points = $3000/yr 4 or 5 total points = $3500/yr 6 or 7total points = $4000/yr 8 or 9 total points = $5000/yr 10 or 11 total points = $6000/yr 12 or 14 total points = $7000/yr * SAT/ACT totals do NOT include the score from the Writing test.

Need Based Scholarships21st Century ScholarsBased on family incomeMust qualify & be accepted in 6th, 7th or 8th grade.Edwards-RigdonJanice M. ScottUSA FundsRonald McDonald House CharitiesBurger King Scholars ProgramUnique Characteristics ScholarshipsPriscilla Himsel Carrington MemorialHave Type 1 diabetes

Nancy Jaynes MemorialParent battling breast cancer or lost battle with breast cancer.

Horatio Alger Scholarship ProgramOvercome adversity in life

GRANTSFree Money

Indiana GrantsFrank O'Bannon Grant Higher Education AwardFreedom of Choice AwardTwenty-first Century Scholars Program Nursing Scholarship Minority Teacher/Special Education Services Scholarship Summer State Work Study Program Indiana National Guard Supplemental Grant Part-Time Grant Program Mitch Daniels Early Graduation ScholarshipChild of Certain Veterans and Public Safety Officers Supplemental Grant Program

Must complete the FAFSA by March 10thFederal GrantsPell Grant = most popularTeacher Education Assistance for College and higher Education (TEACH) Grantup to $4,000 per year teach full time, for 4 years, in a designated teacher shortage area at an elementary or secondary school serving children from low-income familiesFederal Supplemental Educational Opportunity GrantNeed-basedMust complete the FAFSA by MARCH 10th LoansMoney that has to be paid backFederal Perkins LoanPriority to students who show exceptional needMaximum of $5,500/year up to $27,500/studentInterest rate = 5%Nine month grace period before repaying beginsRepayment period up to 10 yearsDeferment and cancellation provisions availableMust complete the FAFSA by MARCH 10th Federal Direct Stafford LoansSubsidized Stafford LoanMust demonstrate financial need4.29 % fixed rateFederal Government pays part of the interestUnsubsidized Stafford LoanFinancial need is not a consideration4.29% interest rateNo Federal Government support of interest

Must complete the FAFSA by MARCH 10th Direct Stafford Loan Limits

Repayment of Federal Direct Stafford LoansSix month grace periodMultiple repayment plan options

Parent PLUS LoansNow called Direct PLUS LoansFor parents of dependent undergraduate students.Parents can borrow the cost of attendance minus other aid.Repayment begins 60 days after the first disbursement of the loan.Repayment can be deferred while student is in college Interest continues to accrue while in deferment.Current interest rate is 7.21%. http://studentaid.ed.gov/

EmploymentAllows student to earn money to help pay educational costsMonetary compensation Federal Work Study program = Must complete FAFSATutoringNon-monetary compensation Resident Assistant = free or reduced room and board

Finding ScholarshipsScholarship Search SitesTWHS Guidance Links Page

Scholarship Application SitesTWHS Guidance Scholarships Page

BROWSE BROWSE BROWSE BROWSEHendricks CountyCommunity Foundation

http://www.hendrickscountycf.org/scholarships/

Hendricks County Community FoundationTWHS Students OnlyAll Hendricks County StudentsAtkinson-Ellis (2)Priscilla Himsel CarringtonGregory Alan Brown MemorialDuke EnergyLouise W. Broyles Memorial Edwards-RigdonRichard H. Crosser MemorialHendricks County Law Enforcement Milburn & Mildred Smith MemorialHendricks Retired TeachersState Bank of LiztonGary C. King Excellence in BaseballJenny Miller MemorialGladys V. Pritchett Shelby Rae Smith MemorialComplete the Common ApplicationClaudia Sproull MemorialDue date is December 16, 2015Tri-West Dollars for Scholars

http://tri-west.dollarsforscholars.org/

Other Local Scholarships 2/29/16 = Tri-West Dollars for Scholars Phone-a-Thon 2/29/16 = Tri-West Quarterback Club 2/2916 = Larry Rambis Leadership Award 2/29/16 = NWHSC Education Foundation 3/15/16 = ADK/PSI Chapter 4/13/16 = Steel Dynamics (2) 4/13/16 = NWHCTA Education 4/13/16 = Tri-West Bruin Backers 4/20/16 = Lizton Knights of Pythias 4/20/16 = Lizton Lions Club FAFSAFree Application For Federal Student Aid

Class of 2016Start filling out on January 1stDUE BY MARCH 10thCorrections due by May 15th Use 2015 tax informationComplete on-line

Class of 2017Start filling out on October 1stUse 2015 tax informationComplete on-line

http://www.fafsa.gov/

Financial Need +Cost of Attendance Expected Family Contribution (EFC) = Financial NeedFAFSA Day on Tuesday, February 23rd 10:00 a.m. 7:00 p.m.Bruin Lab

https://www.indianacollegecosts.org/

Comparing College CostsPublic#1Private#1Private#2Private#3TuitionRoom & BoardActivity FeesBooks and SuppliesTotal CostRankAcademic ScholarshipsMatching Scholarships Honors Diploma AwardTotal AwardsRankExpected Net CostRankCollege ExpensesPublic#1Private# 1Private#2Private#3Tuition5700193762227020820Room & Board6700656469207180Activity Fees210265470Books and Supplies1200120012001200Total Cost13810271403065529670Rank1st2nd4th3rdAcademic ScholarshipsMatching Scholarships Honors Diploma AwardTotal AwardsRankExpected Net CostRankCollege AwardsPublic#1Private#1Private#2Private#3TuitionRoom & BoardActivity FeesBooks and SuppliesTotal CostRank1st2nd4th3rdAcademic Scholarships4505000110006000Matching Scholarships900500 Honors Diploma Award250Total Awards4505900110006750Rank4th3rd1st2ndExpected Net CostRankNet CostPublic#1Private#1Private#2Private#3Tuition5700193762227020820Room & Board6700656469207180Activity Fees210265470Books and Supplies1200120012001200Total Cost13810271403065529670Rank1st2nd4th3rdAcademic Scholarships4505000110006000Matching Scholarships900500 Honors Diploma Award250Total Awards4505900110006750Rank4th3rd1st2ndExpected Net Cost13360212401965522920Rank1st3rd2nd4thSummaryBrowse the Guidance home webpage.Conduct scholarship searchesStart applying for eligible scholarshipsComplete the Hendricks County Foundation Common Application by December 16th Participate in FAFSA Day on February 23rd Complete the Dollars for Scholars ApplicationBy March 4th Complete the FAFSA by March 10th.Ask questions of Mr. Linn or Mr. Acton.Comparison shop.

Good Luck