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Access to Financial Aid for Higher Education for Homeless Students


Work Study. Part-time student employment. Earnings paid to student ... Contact FA office for help. Financial aid director vs. front staff. One point person for student ... – PowerPoint PPT presentation

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Title: Access to Financial Aid for Higher Education for Homeless Students

Access to Financial Aid for Higher Education
for Homeless Students

Presented by
  • Cheryl Maplethorpe, Ph. D.
  • Director of Financial Aid Division
  • Minnesota Office of Higher Education
  • Judy Swanson
  • Associate Director, Office of Student Finance
  • University of Minnesota

Financial aid for homeless students
  • Academic preparation
  • College admission timeline
  • Financial aid process
  • Cost of attendance
  • Contacts

Academic Preparation
  • What do colleges look for?
  • Different types of institutions
  • Planning during high school
  • ACT and SAT tests

What do colleges look for?
  • Challenging classes
  • Maintaining high grades or continually improving
  • Extra-curricular activities
  • Strong work history

Different types of institutions
  • Technical and vocation schools
  • Community colleges
  • Tribal colleges
  • Private colleges
  • Public colleges/universities

Planning during high school junior year
  • 11th grade explore options
  • ACT/SAT free review course
  • Take the ACT or SAT
  • Make college visits
  • Investigate scholarships
  • College prep curriculum

Planning during high school senior year
  • 12th grade finish strong
  • Know high school rank
  • Visit college campuses
  • Take or retake ACT or SAT test
  • Apply for admission in the fall

What does college cost?Minnesotas average
annual tuition fees cost
  • Private Colleges 27,829
  • Private Career Colleges 12,233
  • University of Minnesota 10,756
  • State Universities 6,373
  • Community Technical Colleges 4,548

Estimated Annual Cost of Attendance (COA)
  • 4,548 - 27,829
  • 350 - 1,000
  • 4,100 - 6,696
  • 124 - 1,000
  • 1,000 - 2,000
  • 10,122 - 38,525
  • Tuition Fees
  • Books Supplies
  • Room Board
  • Transportation
  • Personal Expenses
  • Total

What is financial aid?
  • Grants
  • Scholarships
  • Employment Opportunities
  • Loans

Where does it come from? Federal and state
government, schools, employers, and other public
and private sources like clubs and organizations.

...more on grants
  • Federal Pell Grant need-based annual award
    range is 523 - 4731
  • Federal SEOG Grant limited funding priority
    given to students with exceptional need annual
    award range is 100 - 4,000
  • Academic Competitiveness Grant (ACG) completed
    rigorous secondary curriculum GPA requirement
    freshman/sophomore award range is 750 - 1300
  • Institutional Grant college or university funds
    awarded to students with financial need

Work Study
  • Part-time student employment
  • Earnings paid to student
  • Work-study earnings not included when determining
    EFC on next years FAFSA

more on loans
  • Federal Perkins Loan 5 interest rate no fees
    interest and repayment begins nine months after
  • Federal Stafford/Direct Loan fixed interest rate
    at 5.6 subsidized, 6.8 unsubsidized 0 - 2
    fee repayment begins six months after school
    5,500 1st year maximum
  • subsidized no interest charged while in school
  • unsubsidized interest accrues while in
    school-can be deferred
  • Federal PLUS Loan for parents of dependent
    students fixed interest rate of 7.9 at Direct
    lending schools and 8.5 at FFEL schools 2.5 -
    4 fee repayment may be deferred until six
    months after school
  • Alternative/Private Loans

How to apply for financial aid
  • Complete the Free Application for Federal Student
    Aid (FAFSA)
  • Complete school financial aid application (if
  • Meet financial aid priority application deadlines
    if possible
  • Contact financial aid administrator if questions
    or to check on application
  • Must apply for financial aid every year

FAFSA on the
  • Completing and processing the FAFSA are free!
  • Do not pay a fee to file the FAFSA.
  • Contact colleges financial aid office if you
    need help.
  • College Goal Sunday offers free professional
    FAFSA help to low-income students.

Avoid Errors!
  • Put student name and SSN on FAFSA exactly how it
    appears on social security card.
  • If entry is zero or none, enter 0. Dont leave
  • Questions 55 60 simplify application process
    for foster youth, dependent/wards of the court,
    emancipated minors, youth in legal guardianship,
    and unaccompanied youth who were homeless or at
    risk of being homeless .
  • Enter school code(s).

Documentation will be needed later
  • Financial aid offices are required to verify a
    percentage of FAFSA applications. Many FA offices
    verify 100.
  • Students who answer yes to a question 58 60 can
    now submit FAFSA application without contacting
    FA administrator, but will be asked later for
    documentation from a homeless liaison, director
    of an emergency shelter program, or director of a
    runaway or homeless youth basic center or
    transitional living program.

What to doand when?
  • Continue to search and apply for scholarships.
  • Apply for admission to college(s) of choice in
    the fall of senior year of high school.
  • Complete the FAFSA (each year) as soon as
    possible after January 1 (usually done in
  • Review estimated award letter (usually in April).
  • Make college choice by May 1. (Does not apply to
    some schools.)

More on what to doand when?
  • Respond if college requests more information.
    Student may be selected for verification and
    asked to submit documentation.
  • Respond to actual financial aid award notice
    (often sent in June or July).
  • Financial aid is disbursed to students college
    billing account at start of each semester.
  • If awarded work-study, student obtains work-study
    job and begin working once school begins.

Contact FA office for help
  • Financial aid director vs. front staff
  • One point person for student
  • Housing must be thought through
  • Training and awareness of needs
  • Asking for help

Where to get more information
  • U.S. Department of Education
  • National Association of Student Financial Aid
  • State Financial Aid Associations
  • College Goal Sunday
  • FinAid! - The Financial Aid Information Page
  • FastWEB scholarship search
  • The College Board

Where to get more information
  • College Navigator
  • CareerOneStop
  • National College Access Network (NCAN)
  • KnowHow2Go Campaign
  • Pathways to College Network www.pathwaystocollege
  • Education Finance Council
  • /

Other Resources
  • National Association for the Education of
    Homeless Children and Youth
  • National Network for Youth
  • National Law Center on Homelessness Poverty
  • http//
  • Foster Care Alumni of America
  • https//
  • National Center on Homeless Education
  • http//

Other Resources Contd
  • Casey Family Programs (http//
  • Its My Life Postsecondary Education and
    Training, a guide that gives professionals the
    recommendations, strategies and resources to
    improve their work preparing young people for
    college access and success. 
  • Its My Life Financial Aid, a guide intended for
    those primarily interested in helping young
    people find funding sources for college or
    vocational training. 
  • Supporting Success Improving Higher Education
    Outcomes for Students from Foster Care, a guide
    that provides program development tools for
    college counselors, administrators, professors
    and staff to help these education professionals
    define a plan for improving their institutions
    support for students from foster care.
  • Casey Life Skills Education Supplements,
    provides four levels of education-focused self
    assessments with Level II targeting high school
    students and Level IV for students in a
    postsecondary education and training program. 
    These assessments provide students and caregivers
    and their advocates with valuable information
    pertaining to school success.  

  • Cheryl Maplethorpe, Ph. D.
  • Director of Financial Aid Division
  • Office of Higher Education
  • 1450 Energy Park Dr. suite 350
  • St. Paul, MN 55108
  • 651-259-3910
  • 800-657-3866
  • Fax 651-642-0675

  • Judy Swanson
  • Associate Director
  • Office of Student Finance
  • University of Minnesota
  • 200 Fraser Hall, 106 Pleasant St SE
  • Mpls., MN 55455-0422
  • 612-624-3562
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