Financial Aid Workshop Presentation

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Presentation Transcript

Slide1: 

Introduction to Financial Aid

How to Apply for Financial Aid: 

How to Apply for Financial Aid Free Application Federal Student Aid (FAFSA) Online – www.fafsa.ed.gov Recommended submission date-February 15th

Types of Financial Aid: 

Types of Financial Aid Scholarships and Grants Loans Work Study

Scholarship & Grant Sources: 

Scholarship & Grant Sources Stevens Federal Government State Government Private Sources www.fastweb.com

Stevens Scholarship Applications: 

Stevens Scholarship Applications DeBaun Performing Arts Scholarship First Robotics Scholarship Museum Volunteer Scholarship SAE Scholarship

Loan Sources: 

Loan Sources Federal Government Stafford, Perkins, and PLUS Loans State Government NJ Class Loan Private Lenders

Student Loan Facts: 

Student Loan Facts Average Stevens graduate debt - $29,000 $29,000 debt is repaid at approximately $350 per month (8% interest 10year repayment) Stevens graduate average starting salary - $58,500 (approx. $3,500 per month net)

Federal Work Study: 

Federal Work Study Averages 6 - 10 hours per week $9.00 per hour On-Campus jobs

BEWARE: 

BEWARE Work Study Loans Outside Help

Slide10: 

For more information visit our website: www.stevens.edu