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LC

Luis Calderon

Transcript

TAG GRANT

  • The TAG grant operates under HESAA
  • The TAG (or Tuition Aid Grant) is one of the most generous need-based financial aid programs in the nation
  • These grants are only awarded to full-time undergraduate in a university/college
  • In 2012, 72,540 students were awarded the TAG grant totaling $302,465,270.
  • One third of all full-time undergraduate students in New Jersey receive support through TAG

Thank for listening!

Additional information (TAG)

By: Luis Calderon, D'Andre Bright, and Aphrael Boltas

Scholarships

HESAA

  • Some eligibility requirements include demonstrating financial need, being a legal resident of New Jersey, maintain satisfactory academic progress, a be a full-time student
  • Part-time students can also receive financial aid through The Part-Time TAG Program for County College Students
  • TAG awards may even cover up to the cost of tuition, depending on
  • financial need, cost of attendance, and available funding

make sure to use websites such as chegg.com, and scholarships.com. Not all scholarships are essay based. You can receive scholarships for anything! And don’t shun the smaller ones because they add up!

  • The Higher Education Student Assistance Authority (HESAA) is the only New Jersey state residency with the mission of with providing students and families with financial aid information to pursue a post-secondary education
  • HESAA provides financial aid through grants, scholarships, loans, loan redemption programs and college savings plans.
  • Including the TAG and EOF programs
  • Higher Education Student Assistance Authority- will give grant money according to your financial need. It is linked to the FAFSA. It awards what is known as the NJ TAG Grant, and can be completed through a link that is given at the end of the FAFSA application. If you are in good academic standing, you can also receive the Governor’s Urban Scholarship.
  • You can find more info at http://www.hesaa.org/Pages/StudentsParents.aspx

Loan Counseling

(subsidized and unsubsidized loans)

  • Loans - it is money that you borrow that you must pay back
  • There are two Types of loans:
  • Subsidized loans - government pays the interest while you are in school
  • Unsubsidized loans- you pay the interest while you are in school
  • Loan Counseling- Online course that is required to receive loans.
  • If you do not complete the course, YOU WILL LOSE YOUR LOANS AND GRANTS GIFTED
  • DEADLINES ARE IMPORTANT
  • https://studentloans.gov/myDirectLoan/index.action

FAFSA

Educational Opportunity Fund

Financial Aid

  • A grant given by the state
  • Requires the T.A.G to qualify
  • Meet the household income requirement
  • Amount of money varies for each institution
  • Summer enrichment program
  • http://eof.tcnj.edu/about/
  • Used to determine financial aid primarily based on family income.
  • Awards grants like the Pell Grant are based on your financial situation, as well as loans.
  • The amount of the Pell grant typically rises each year, this year the maximum award was $5,645.
  • While most students are offered loans of $5,500, the amounts can vary. The loans break up into two parts; subsidized and unsubsidized. The major difference is that with subsidized loans, the government pays your interest while you are in school in most cases, with unsubsidized they do not.
  • Used by colleges to determine the grants they may give to you.
  • (info for last year’s FAFSA. Date due should not stray too much from this one though.) To be considered for federal student aid for the 2014-2015 award year, you can complete a Free Application for Federal Student Aid (FAFSA) between January 1, 2014 and midnight Central Time, June 30, 2015. Any corrections or updates must be submitted by midnight Central Time, September 19, 2015.
  • You can find more info at: http://fafsa.gov/

A quick overview