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Paying for College: FAFSA, WASFA, and Scholarships

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Gaby Rodriguez

on 23 June 2015

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Transcript of Paying for College: FAFSA, WASFA, and Scholarships

Eligibility Requirements:
Paying for College
College cost pays off
Cost of Attendance
How to pay for college??
Direct Unsubsidized Loans
Loans from fafsa
Direct Subsidized Loans:
Washington Application for State Financial Aid (WASFA) :
These are loans made eligible undergraduate students who demonstrate financial need to help cover the costs of higher education at a college or career school. The U.S. Department of Education pays the interest on a Direct Subsidized Loan.
Direct PLUS Loans:
These are loans made to graduate or professional students and parents of dependent undergraduate students to help pay for education expenses not covered by other financial aid.
Financial Aid is money that comes from the Federal Government, Organizations, University/College, or other sources, to help support a college education.
Need Based
Grants-Free Money
Work-study-Working and attending school
Student Financial Aid: FAFSA (Free Application for Federal Student Aid)
WASFA (Washington Application for State Financial Aid)
Free money for college
Does not have to be paid back
These are loans made to eligible undergraduate, graduate, and professional students, but in this case, the student does not have to demonstrate financial need to be eligible for the loan. The student is responsible for paying the interest on a Direct Unsubsidized Loan during all periods. If the student chooses not to pay the interest while you are in school and during grace periods and deferment or forbearance periods, your interest will accrue (accumulate) and be capitalized (that is, your interest will be added to the principal amount of your loan).
Washington State Need Grant to low-income, non-citizen students who meet the programs eligibility requirements and satisfy the residency criteria below:
Have graduated from a Washington high school or obtained a GED
Have lived in WA for 3 years prior to, and continuously since earning the high school diploma or equivalent
Sign an affidavit (written promise) to file an application to become a permanent resident of the U.S. when eligible to apply.
Loans from FAFSA
Thank You!

FAFSA, WASFA, & Scholarships
Cost of attendance of each university is an estimated cost based on WA state resident status.
What is Financial Aid??
Available January 1st of every year
Priority Deadline-February 15
college bound priority deadline feb 1
Direct Consolidation Loans
These allow to combine all of the eligible federal student loans into a single loan with a single loan servicer.
To learn more about student and parent loans visit:
the Federal Perkins loan program is a school-based loan program for undergraduates and graduate students with exceptional financial need. under this program, the school is the lender.
To learn more about student and parent loans visit:
Where to find scholarships?
Did you apply in 7th or 8th grade???
Washington state scholarships
Northwest Journalist of Color Scholarship:
At school:
Counselor's office
GEAR UP office
School website
On the Web:
Want more:
See informational handout provided
The College Bound Scholarship program is early commitment of state financial aid to eligible students who sign up in middle school and fulfill the pledge.
Remember as a College Bound Student you pledged to:
1. Graduate from high school with a cumulative GPA of 2.0 or higher
2. Demonstrate good citizenship
3. Submit the FAFSA
4. Apply to college
Awards up to $1,000
Visit www.northseattle.edu/scholarships for more information
Pride Foundation Scholarships
Awards from $500 to $10,000
Visit www.pridefoundation.org/what-we-do/scholarships for more information
Department of WA High School Oratorical Scholarship Program "A Constitutional Speech Contest"
Award Varies
Visit www.waconstituationalspeechcontest.org for more information
DREAMERS: Mexican American Legal Defense and Education Fund (MALDEF) has created a compiled list of scholarship opportunities for non-citizen students www.maldef.org
Full transcript