Finance Postsecondary Costs

High SchoolFinancial Literacy #2

Pre-Test

1. What type of financial aid do students not have to pay back?

2. What website has good financial aid information?

3. When should students and families talk to counselors about financial aid?

Objectives

• Obtain financial aid information• Name types of financial aid• Know who to talk to about financial aid• Learn from other students – About the different types of financial aid

Different Types of Financial Aid Add Up

• In the video, what type of financial aid helped this student pay for college?

Google: Types of Financial Aid

ACT: Types of Financial Aid

ACT: Military Programs

ACT: Federal Financial Aid

School Counselor Knows Valuable Info

• Money you don’t have to pay back– Federal and State Grants– Scholarships–Work Study–Military Programs–Parent Contribution – Savings

• Money Needed to Pay Back– Federal, State, and Private Loans

Power of You: Go to College Tuition Free

Naviance: Colleges Tab

Scholarship List

Best Buy Scholarships

LEDC Latino Scholarship

Update Postsecondary Plan

Explore Financial Aid

• Explore financial aid websites and scholarships on Naviance

• Update Postsecondary Plan– Scholarships of interest

Class Discussion

• When will you talk to your counselor about possible scholarships and financial aid?

• What type of financial aid will you pursue?– Federal and State Grants– Scholarships– Work Study– Military Programs– Parent Contribution – Savings– Federal, State, and Private Loans

Post-Test

1. What type of financial aid do students not have to pay back?

2. What website has good financial aid information?

3. When should students and families talk to counselors about financial aid?

Review

1. Type of financial aid: don’t pay back– Federal and State Grants, Scholarships– Work Study, Military Programs

2. Website with good financial aid information– ACT, Naviance

3. When students and families should talk to counselors about financial aid– 9th or 10th Grade