It's that time of year, dear reader, to consider the question of financial aid. That is, to be, or not to be? This process has been mysitified, attributed occult-like status, by the media, and the whispers of college students and their parents shaking their heads at their computer screens, their glazed eyes tired from scanning the fine print that goes along with the dreaded acronym known as "FAFSA". However, this dismal picture can be avoided if you're willing to follow a few simple steps.
1. EVERYONE should file the Free Application for Federal Student Aid (FAFSA)!
Whether your bank account is busting at the seams with wealth, stocks or accumulated, lucrative properties you should still file the FAFSA.
Why?
Though it's true that the FAFSA does provide a few grants to those students who have demonstrated financial need, it also is your chance to qualify for government loans that will not be available to you if you do not. Some government loans, like the Stafford loan, is available to all students regardless of need. Interest rates on these loans are usually lower than those you might receive through your bank.
The FAFSA acts as your application for both federal and state aid. The deadlines differ from state to state but usually a good round ballpark for entering college students is to have their FAFSA filed by May 1st. You can start to file your FAFSA on January 1st, though I do recommend that families wait until their tax returns are done to file.
2. Do your taxes early!
The FAFSA uses your current financial information. Do not use your tax returns from the previous year as the government sends out random verification forms to make sure of your financial situation.
3. Get your PIN #!
The government defines the PIN # as a device that "serves as your electronic signature and provides access to your personal records". At this time, your PIN # ( you should get one each for yourself, your spouse and your daughter) takes about 3-4 days to get to you by email and longer by regular mail. You will need this number to electronically sign your FAFSA.
http://www.pin.ed.gov/PINWebApp/pinindex.jsp
4. Attend Financial Aid Nights at local high schools!
Don't be afraid to attend a Financial Aid Night at a local high school that is intended for older students! The financial aid professionals present at these events will be presenting the same information that you need to know. Bring a piece of paper and take notes.
5. File your FAFSA!
Take a weekend and start filling out the paperwork, electronically of course. Mary Baldwin cannot offer you a financial aid package, that is a total financial breakdown of what you owe taking our governement and state grants and loans and merit scholarships, that will be sent to you in the mail. The sooner your FAFSA is completed and processed, the sooner you will be able to know what college is going to cost you.
The governement is phasing out paper FAFSA applications and so they can only be done online.
6. Take your EFC with a grain of salt.
The EFC, or Estimated Family Contribution, will be given to you on your student aid report once you file your FAFSA. This number represents the monetary amount that the government feels that you should be able to pay for college given your current financial situation.
These numbers are notoriously low. Add $4000 to $5000 dollars to the EFC you are given to reflect a more accurate picture.
7. Start looking for scholarships!
While Mary Baldwin does provide generous merit scholarships please understand that this may not be enough to cover your costs for tuition, room and board, books, school supplies, travel and fun money. Every year millions of dollars in scholarships go to waste because people did not apply for them.
Ask your your local chamber of commerce, your guidance office and search the internet for scholarships that might be available. www.fastweb.com is a good website to start with.
Wednesday, January 16, 2008
Wednesday, January 2, 2008
May Term Update - Mary Baldwin College
In addition to four traditional academic terms Mary Baldwin College also offers what we call the "May Term".
May Term Abroad courses are distinctly different from tourism. Often students travel by public transportation and stay in homes or in small, family operated hotels. Students may have the opportunity for academic interchange with foreign students in the classroom. In the case of courses where site and subject are interdependent, students have the opportunity to travel with an expert in the field. Learning happens through experiencing, touring, and through informal on-site lectures.
While each study abroad program has a principal faculty leader, there are frequently several faculty who go along so that students can enrich their field experiences with insights from various experts. Some expeditions offer a range of courses. On a recent trip to Russia, for example, students could select a course in modern Russian studies from a professor who had studied in Russia and was fluent in the language, or they could choose a course that focused on the performing arts in Russia and was taught by a member of the theatre faculty.
Where will you be during May Term 2007? Paul Callo, assistant professor of biology, will be in Costa Rica. Martha Walker, associate professor of French, has plans in France. Japan is the destination for Professor of Education Jim McCrory and Professor of Asian Studies
Daniel Métraux.
Mary Baldwin College’s annual study abroad fair initiated the college’s Spencer Center for Civic and Global Engagement as an event venue and introduced students to May Term educational
sites worldwide. A dozen MBC faculty —including some familiar travelers and others who will embark for the first time for a course — will take students on farflung adventures for the three-week term.
Costa Rica: Field Ornithology (BIOL
150). Students learn to identify birds
and study their biology and conservation
with Assistant Professor Paul
Callo.
Cyprus: Multicultural Psychology
(PSYC 216) and Intercultural
Communication (COMM 280).
Focus on how family life, religion,
politics, and geography shapes
culture with native Cypriot Associate
Professor Andreas Anastasiou and
Professor Jack Kibler. Associate
Professor of Communication Alice
Araujo joins the trip to explore the
relationship between culture and
communication.
England: Virginia Program at Oxford
(ENG/HIST 390) (Summer 2008).
Professor of History Mary Hill Cole
guides six weeks of Renaissance
history and literature with British
scholars and tutors, plus sightseeing
and outings. London Theatre (THEA
208). Study and travel in the world
capital of English-speaking theatre
and visit Stratford-upon-Avon with
Virginia Francisco ’64, professor of
theatre.
Central Europe: Science in Cultural
Context (CHEM 105). Bulgaria-born
Vladimir Garkov, associate professor
of chemistry, gives students an up
close view of the sites of significant
scientific discoveries.
Italy: Renaissance Studies in Italy
(ART 343). Sara Nair James,
professor of art, leads studies of art
in Rome, Florence, Venice, and other
cities.
Japan: Introduction to Japan (JPNS
250). Professors Métraux and
McCrory stay with students in
Tokyo, tour ancient historical
Kamakura and Nikko, get an
inside tour of Japanese Parliament
(Diet), and visit Japanese
schools.
England and Wales: Celtic Britain.
View Britain’s multicultural side at
historic and literary sites with
Associate Professor Sarah Kennedy
and Professor Roderic Owen.
France: French Play in Performance
(FREN 154). Attend theatre
performances, visit landmarks, and
learn about life in Paris from host
families with Associate Professor
Martha Walker.
May Term Abroad courses are distinctly different from tourism. Often students travel by public transportation and stay in homes or in small, family operated hotels. Students may have the opportunity for academic interchange with foreign students in the classroom. In the case of courses where site and subject are interdependent, students have the opportunity to travel with an expert in the field. Learning happens through experiencing, touring, and through informal on-site lectures.
While each study abroad program has a principal faculty leader, there are frequently several faculty who go along so that students can enrich their field experiences with insights from various experts. Some expeditions offer a range of courses. On a recent trip to Russia, for example, students could select a course in modern Russian studies from a professor who had studied in Russia and was fluent in the language, or they could choose a course that focused on the performing arts in Russia and was taught by a member of the theatre faculty.
Where will you be during May Term 2007? Paul Callo, assistant professor of biology, will be in Costa Rica. Martha Walker, associate professor of French, has plans in France. Japan is the destination for Professor of Education Jim McCrory and Professor of Asian Studies
Daniel Métraux.
Mary Baldwin College’s annual study abroad fair initiated the college’s Spencer Center for Civic and Global Engagement as an event venue and introduced students to May Term educational
sites worldwide. A dozen MBC faculty —including some familiar travelers and others who will embark for the first time for a course — will take students on farflung adventures for the three-week term.
Costa Rica: Field Ornithology (BIOL
150). Students learn to identify birds
and study their biology and conservation
with Assistant Professor Paul
Callo.
Cyprus: Multicultural Psychology
(PSYC 216) and Intercultural
Communication (COMM 280).
Focus on how family life, religion,
politics, and geography shapes
culture with native Cypriot Associate
Professor Andreas Anastasiou and
Professor Jack Kibler. Associate
Professor of Communication Alice
Araujo joins the trip to explore the
relationship between culture and
communication.
England: Virginia Program at Oxford
(ENG/HIST 390) (Summer 2008).
Professor of History Mary Hill Cole
guides six weeks of Renaissance
history and literature with British
scholars and tutors, plus sightseeing
and outings. London Theatre (THEA
208). Study and travel in the world
capital of English-speaking theatre
and visit Stratford-upon-Avon with
Virginia Francisco ’64, professor of
theatre.
Central Europe: Science in Cultural
Context (CHEM 105). Bulgaria-born
Vladimir Garkov, associate professor
of chemistry, gives students an up
close view of the sites of significant
scientific discoveries.
Italy: Renaissance Studies in Italy
(ART 343). Sara Nair James,
professor of art, leads studies of art
in Rome, Florence, Venice, and other
cities.
Japan: Introduction to Japan (JPNS
250). Professors Métraux and
McCrory stay with students in
Tokyo, tour ancient historical
Kamakura and Nikko, get an
inside tour of Japanese Parliament
(Diet), and visit Japanese
schools.
England and Wales: Celtic Britain.
View Britain’s multicultural side at
historic and literary sites with
Associate Professor Sarah Kennedy
and Professor Roderic Owen.
France: French Play in Performance
(FREN 154). Attend theatre
performances, visit landmarks, and
learn about life in Paris from host
families with Associate Professor
Martha Walker.
Subscribe to:
Posts (Atom)