College Advising
for CE Jordan High School
CAC Adviser: Kelly Aghayere
Contact me at jhs.dukecac@gmail.com
For Your Information
Some schools are unable to meet 100% of the financial need of a student but are still able to provide some financial aid - thus a “gap” is formed between the amount a student and his or her family can pay and how much the institution can contribute. This difference must either be covered by outside scholarships or loans.
Did You Know?
57% of Federal Student Aid comes in the form of Scholarships and Grants, meaning you don’t have to pay them back.
34% comes in the form of low-interest federal loans
9% comes in the form of work-study, tax credits, and deductions
Don't cross high-cost colleges off your list: schools with more funds may have more financial aid to offer you!
Financial Aid:
Getting Help to Afford College
What Is Financial Aid?
With college costs at an all-time high, many students have anxiety about affording college. Thankfully, there is a way that you can afford college without accumulating loads of debt - financial aid. While the largest source comes from the federal government, financial aid can also come from your state government and organizations such as colleges and universities themselves.
Forms Of Aid
Financial Aid can be made up of grants and scholarships, which are both gift aid - meaning the money does not need to be paid back. Free money! It can also include loans, which do need to be repaid (either during or after you’re out of school) and work-study, which is a fund set aside for students to work on-campus and earn money while going to school. Work-study does not necessarily guarantee employment; many students still have to apply to and be offered a work-study position in order to use these funds.
How Does It Work?
Starting January 1st of every year you will be enrolled in college, you and your parents/guardians must file the Federal Application for Student Aid, or FAFSA, to communicate financial information to colleges and universities. Some colleges and universities may also require you to fill out a CSS/Profile, which requires a more in-depth look at student and family financial information. Colleges and universities you send the FAFSA (and, if applicable, the CSS/Profile) to will review the information and send a financial aid award letter either along with or after you have been accepted to the institution.
