SHPE AHETEMS, Inc:
Financial Aid - 101
Name of Presenter
Name of SHPE Chapter
Noche de Ciencias
Location of Event
City, ST #Date#
Financial Aid = Money for College
Financial Aid
Package
Loans
Work-Study
Scholarships
Grants
How Much Will It Cost?
Average Cost per Academic Year
•$13,000 for Tech/Trade School
•$13,000 for a Community College
•$18,000 for University In-State
•$28,000 for University Out-of-State
Source:
CollegeBoard.com
•$36,000 for Private University
Tuition & Fees
In State: $6,600 - $8,300
Non-State: $24,700
Room & Board
$ 9,000
Books & Supplies: $1,700
Medical: $1,800
Transportation: $1,000
Personal: $1,500
Sources of Aid
Government
Institutional
Private
Federal
& State
(Varies by
School)
Agencies
Who Can Apply
Have a high school diploma or a General
Education Development (GED) certificate
Are working toward a degree or certificate in
an eligible program
Are a U.S. citizen, U.S. Permanent Resident
with an Alien Registration Card, or an eligible
non-citizen (refugee, asylum granted)
Have a valid Social Security Number
Access to Financial Aid?
FAFSA – Free Application for Federal Student Aid
(Federal government, state agencies, schools, and some
scholarship agencies use this to find out how much and
what kind of aid you are eligible to receive.)
Government’s way to get a snap shot of your finances
You and Your parent’s income
Saving and Investment
Benefits
State Tax Rates
FAFSA Online!
We recommend that you apply online at
www.fafsa.ed.gov
Get your PIN Number
The online FAFSA is processed in a few days; the
paper FAFSA takes several weeks to process
Check with each College/University about their
Priority Dates to get the best aid
NOTE: You must submit a new FAFSA application each
academic year (each student who is applying for federal aid)!
Student Aid Report (SAR)
SAR: Student’s FAFSA Results
-Sent to the student by e-mail or
regular mail.
-Retain documents/emails for
your records
EFC: Expected Family
Contribution
-This score will be reported to
your College/University
Required Documentation
Check with each school’s
Financial Aid Office about :
• The documentation they require
from you (ask if they require
another application form or the
CSS Profile)
• Deadlines
• Each school is different!
Formula for Financial Need
COA: Total cost of attendance to attend
an institution for an academic year (varies
by school)
EFC: Expected Family Contribution score
from the FAFSA.
COA – EFC = Need*
*This amount will vary at each school
Some universities offer more aid than others.
Types of Financial Aid
Gift (Free) Aid
Grants
Scholarships
Self-Help Aid
 Work-study
 Loans
The Scavenger Hunt Begins…
Get Organized
Research scholarships for which you match
the criteria
It is NEVER too EARLY to start
researching scholarships
Avoid companies/organizations which
require a fee and guarantee scholarships
Keep a calendar of scholarship deadlines
Postmark v. Received
Keep a notebook of the scholarships you
want to apply along with the contact
information, requirements, application
instructions
Get Prepared – Portfolio
Wisely choose who will write your
recommendation letters
Write an essay about yourself, your
accomplishments, your strengths, your goals
and how you will achieve them
Develop and update your resume
Request official transcripts with ample time
to make the deadline
Get a good photo of yourself that shows
your maturity and professionalism
Get More Organized
Order ample transcripts
Save money for
Transcript Fees
College Admission Fees
Scholarship Application Fee
Postage and mailing
The Application Review
Elimination of incomplete or late applications
Elimination of applications that do not meet
the eligibility criteria
Judging & Selection
Review Essay, Letter of Recommendation
and Resume
Looking for examples of leadership,
commitment, drive and motivation, and
ability to remain focused on goals despite
obstacles and changes in life
Scholarships
Can be based on financial need,
affiliation, community service and/or
academic achievement
Many Sources
- SHPE, HCF, UNCFSP
- Coca-Cola, Target
- Universities
Show Me The $$$$$$
SHPE Offers
Scholarships
Scholar-Internships
Internships
AHETEMS Scholarships
AHETEMS Scholarship Program
AHETEMS General Scholarships
AHETEMS Professional Scholarships
AHETEMS Intern-Scholarship Program
SHPE/CDM Intern-Scholarship
NASA/MUST Intern-Scholarship
SHPE/Freeport McMoRan Intern-Scholarship
AHETEMS Named Scholarships
AHETEMS/ExxonMobil Scholarships
AHETEMS/U.S. Steel Corp. Scholarships
AHETEMS/Verizon Scholarships
AHETEMS/Kellogg Scholarships
AHETEMS/Northrop Grumman Scholarships
Deadlines - Permanent
February 1
Internships
Internships
• NASA-MSFC, Dept. of Energy, Dept. of Transport.
Scholar-Internships
• NASA MUST, CDM, FMCG
April 1
AHETEMS Scholarships
July 1
Academic Excellence &
Leadership Award
Recommended Web sites
Scholarships/Programs for Hispanics
hispanicfund.org
hsf.net
hispanicheritage.org
thesalliemaefund.org/smfnew/
hispa.org
scholarshipsforhispanics.org
maldef.org (Esp. for non-US citizens)
LatinoCollegeDollars.org
www.egr.uh.edu/promes/?e=camps April 15 (engineering)
68.236.165.90/index/
April 6
(medicine)
engineering.cornell.edu/catalyst/
April 16 (engineering)
Thanks for Your
Attention…
AHETEMS
Advancing Hispanic Excellence in Technology,
Engineering, Math and Science
Rafaela Schwan, M.S.
Director of Programs
Luis Mendoza
K-12 & Curriculum Coordinator
Gary A. Cruz, M.S., abd.
Asst. Director of Programs
Berenice Rodriguez
Higher Education Coordinator
The University of Texas at Arlington
416 Yates Street, room 609
College of Engineering, Box 19019
Arlington, TX 76019
(817) 272-1116
www.ahetems.org