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Scholarships are about more than just money  How do you find scholarships?  How do you apply for scholarships?  How do you apply for needbased aid?  Pitfalls: Beware of scholarship scams! 13 Covering College Costs Education costs money, but then so does ignorance. – Sir Claus Moser 14 Student Financial Aid Pays the Bills  College isn’t as expensive as you might think.  There’s a lot of money available to help you pay for college.  Student financial aid will help you bridge the gap between college costs and what you and your family can afford to pay.  Student aid includes money from the federal and state government, money from the colleges themselves, and scholarships from foundations, private anizations and panies. 15 Five Types of Student Financial Aid  Gift aid, such as grants and scholarships, which is free money that does not need to be repaid.  Student employment, such as parttime workstudy jobs, which lets you earn as you learn.  Student loans, which is money that is repaid over several years, usually with interest.  Education tax benefits, such as the Hope Scholarship tax credit, which is money you get by filing a federal ine tax return, even if you don’t owe any taxes.  Military student aid, such as ROTC and the GI Bill, where you earn money for your education in exchange for service in the United States Armed Forces. 16 The Best Type of Student Aid  Grants and scholarships are better than student loans because you don’t have to pay them back! • Some funds are awarded based on financial need (the difference between the costs and ability to pay) • Some funds are based on academic, artistic or athletic merit or other skills and activities • Some funds are based on unusual criteria – Creating a prom costume out of duct tape – A scholarship for lefthanded students – A scholarship for students with a last name of Zolp 17 College is a Passport to the Future Education is our passport to the future, for tomorrow belongs to the people who prepare for it today. – Malcolm X 18 More Than Just Money  The anizations that award scholarships are focused on more than j。
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