Upward Bound/Talent Search actively helps each student find sources of financial aid and scholarships to pay for school. We also work with students in filling out forms and writing essays for government and private scholarships to ensure that all applications are completed on time.
How to Apply for Financial Aid
- Apply for admission if you are just starting college.
- Complete a Free Application for Federal Student Aid (FAFSA - located at www.fafsa.ed.gov).
- Return the completed FAFSA as soon after January 1 and before January 31 to be elgible for all aid. Submit the FAFSA whether or not you think you will qualify for aid.
- Keep your address current at the college you are planning to attend.
- When you receive the Student Aid Report (SAR) review it carefully. If you need to make any corrections do so and then return SAR as promptly as possible. Call the federal processor if you do not receive your SAR in 4-6 weeks. Note your data release number. Check to see if your SAR was chosen for verification.
- Watch the mail for your Financial Aid Award Letter you will receive from your college.
- Sign and return your Award Letter and promissory note.
How the FAFSA works
Using the information you supply on the FAFSA, the federal processor determines your expected family contribution (EFC), the amount of money parents can expect to contribute to their student's college costs. Your prospective college then applies a simple equation to decide how much financial aid you will need. (To get an early estimate of your EFC, check out the Financial Aid Estimation Calculator at www.finaid.com). Your prospective college will then try to meet your needs through a financial aid package made up of funds from federal, state, school, and private sources as well as loans and student employment.
Juniors: Check out the new U.S. Department of Education website for juniors: FAFSA4caster
Types of Aid
Grants, Loans, Scholarships
National Association of Student Financial Aid Administrators
The Smarter Student Guide to Financial Aid: Other Types of Aid
BrainTrack's Financial Aid
Financial Aid Path.com
Mark's Financial Aid Calculator Free, accurate, and completely confidential calculators to provide you with a better understanding of college financing and planning for the future.
FASTWeb Scholarship Search "The largest free scholarship search on the Internet." Also provides info on career choices and financial aid.
FAFSA Online Instructions and information for filling out the Free Application for Federal Student Aid (FAFSA).
FINANCIAL AID AND SCHOLARSHIPS---PSU Answers to some of students' most common questions about paying for college.
Student Planning: Mapping Your Future Information to help you plan your career, select a school, and pay for your education.
The Foundation Center Resources for grantseekers, grantmakers, researchers, policymakers, the media, and the general public.
Scholarship Essay Tips
The Smarter Student Guide to Financial Aid: Essay Writing http://www.finaid.org/scholarships/essays.phtml
After High: ThinkQuest Student Site http://library.thinkquest.org/C005172/scholarship_essay.htm
Essay Info.com http://essayinfo.com/essays/scholarship_essay.php
Budgeting for College
The Educational Resources Institute
Specializes in providing financial aid information about managing college debt.
Budget Worksheet for College Students http://financialplan.about.com/od/moneyandcollegestudents/l/blcollbudget.htm
College Budget 101 http://www.msnbc.msn.com/id/14448831/
Establishing a College Budget http://www.saystudent.com/college-budget.html
13 Tips for College Students from Forbes http://www.forbes.com/home/personalfinance/2004/08/30/cx_sr_0830collegekids.html?partner=msnbc
The DIY Student Debt Repayment Guide