Financial
Aid Packet

Everything you
need to know about Financial Aid and more.... Must
have Acrobat
Reader to access.
Financial
Aid

When it comes to the matter of how to finance your child's
education, the questions and answers are limitless...and
Plano Senior High offers a variety of Financial Aid
and Scholarship resources and opportunities. Please
come by the Counseling Centre and talk with Mrs. Fuson,
the Counseling Secretary and Financial Aid Coordinator.
She will be more than happy to answer any of your questions
not covered here.
Types of Financial Aid
Financial
Aid is awarded from four primary sources: The Federal
Government, the state government, the college or university
itself, and private agencies. If you do qualify for
financial aid, you will receive what is called a financial
aid "package". It may contain a combination of:
Grants
or scholarships: These awards do not have to be
repaid.
Loans:
These awards do have to be repaid, but usually not until
you have graduated or left college.
Work/Study:
This award involves earning money through a job, usually
arranged for you by the college.

Applying for Aid
To
get you started on the application process, there are
two important financial aid forms. The Free Application for Federal Student Aid (FAFSA)
is used for ALL colleges and universities, including junior
colleges and the College Scholarship Service (CSS)
is used for private Colleges and Universities. Almost
every student wishing to apply for financial aid, whether
in the form of scholarship, loan or grant must fill out
the FAFSA. This form can not be filled out before January
1 of the students senior year because it is based on the
previous year tax information. Students planning to attend
private school may need to fill out the CSS in addition
to the FAFSA. There may be additional forms your college
may want you to fill out. Check with the Financial Aid
office of your college or university for this information.
Both FAFSA and CSS Profile are available online (the preferred method of submission).
FAFSA is at http://www.fafsa.ed.gov/
and CSS is at http://www.collegeboard.org/.
On
these applications there is a question about the four
digit code of your chosen colleges. This number is available
at the Receptionist desk in the Counseling Center.
A large source of financial information can be found
on the Internet at http://www.finaid.com
http://www.fastweb.com
http://www.studentloan.com
http://www.asktacac.com
Scholarships
begin to trickle into the office in late September and
keep coming through the end of the year. Scholarships
can be for specific majors, to a specific university or
a generic aid for any student meeting set qualifications.
Early
in the Spring, our office receives local scholarship information.
These are usually smaller scholarships open to only Plano
Senior High, Plano East, and Plano West students.
