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CRLP

CRLP

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9th Grade

Hard

Created by

Jaseth Homan

Used 2+ times

FREE Resource

8 Slides • 0 Questions

1

Examples of Financial Aid

CRLP

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Work Study

  • When part of your financial aid is the money you earn working for example as a tutor.

  • You work as a Tutor, or in an office on campus after class , you work 20 hours per week in the library at the college, You work in the college's computer lab three days per week,

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Scholarship

  • When your PSAT scores qualified you as National Merit Scholar. Several schools have offered you free tuition

  • When you receive a $1000 award to help pay for college from a local community organization in recognition of your volunteer activities

  • When you work for a company that will pay 50 percent of your tuition at any-state public college

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scholarship

  • When you are going to school to study voice performance, and you receive $1000 per semester because you sing in the college choir.

  • You were a high school athlete. The university is paying your tuition while you play on the college team

  • when you entered your painting in a contest and won $750 to pay for your college expenses.

  • When you receive $500 from the local cultural society

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Grant

  • You are majoring in chemistry and entering your third year of college. You receive money from the federal government through a program that awards financial aid to students majoring in science, technology, engineering or math.

  • Your father lost his job and the family's income became much lower. You received money from the government to pay for college.

  • You received $3000 per year from the lottery funds in your state. Every high school graduate can receive this aid if they attend an in-state college


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grant

  • You received $4000 from the federal government because you promised to teach in a school that serves low-income students after graduation. If you change your mind, you will have to repay the full amount

  • You were raised by a single parent. Your family income qualified you to receive a need-based award from the U.S. government.

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Loan

  • You borrowed money through a federal program to pay for your education this year

  • Your parents borrowed money through a U.S. government program for parents of college students

  • Your family qualified for a federal government program that reduced the interest on the money you borrowed to pay for college.

  • You other financial aid not cover all of your college costs, so you borrowed money from a private lender (

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Examples of Financial Aid

CRLP

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