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Financial Aid

Financial Aid Night Presentation for Senior Parents & Students

posted 8/28/2020 MHS Counseling

 

October 5th, 2020

6:00pm - 7:00pm

https://meet.google.com/bbm-citx-udr

 

RSVP here for the event.

 

For Senior students and their parents, but all are welcome to pick up general information for the upcoming years.

The federal government offers financial support for students attending college through the Free Application for Federal Student Aid (FAFSA). You must apply for financial aid on or after October 1. To ensure financial support apply as soon as possible after that date. In recent years aid money has been allocated within two months and anyone that applied after that month did not receive grants. Parents will need to go to www.fafsa.ed.gov to enter income information that allows the government to determine aid amounts.

For a helpful step-by-step of how to complete the FAFSA, check out the link below which will take you to a very well done youtube video by Jeff Ream, a counselor at North Tahoe High School.
https://www.youtube.com/watch?v=1yTuJvXAzF0&feature=em-subs_digest
If further information is needed, please check out the websites below or contact our Illinois Student Assistance Commission (ISAC) by text at: 309-306-7066 or visit www.isac.org.

Below is a link to videos and tutorials to get you started on the basics of financial aid: https://lendedu.com/blog/financial-aid-scholarships-student-loans-101-course/

Financial Aid Information:
 
Loans
The remainder of your college debt may be covered by loans. Always borrow federal first, as federal student loans are cheaper, more available, and have better repayment terms than private loans.
 
saltmoney.org/isac – Great site to teach students about borrowing smart and repaying successfully.
 
Calculating the cost of college: netpricecalculator.collegeboard.org
 
The FAFSA Non-Participation Form is needed for all students and families not completing FAFSA for the 2020-2021 school year. The new Illinois mandate requires that all graduating senior in the Class of 2021 either complete FAFSA or have a waiver form, linked above, on file to graduate. Please complete and return this form no later than October 1st if you are electing to not file FAFSA. Please read page two of the document linked above to make the best educated decision for your particular student's career path. If you have any questions, please feel free to contact the Midland High School Counselor.