Allegany-Limestone Central School

Counseling & Guidance

 FINANCIAL AID NIGHT
 January 12, 2016
ALCS Rm 42
6:00-7:30pm
 

 "Fill out your FAFSA early, estimating is advisable" (Mr. Dan Trumata , Chief Enrollment Officer, Financial Aid Director, SUNY Fredonia) Your corrected tax data can easily be transferred into your FAFSA application/account when your taxes are completed.
 
FINANCIAL AID

 The Four Forms of Financial Aid

Grant- money that is given to a student, usually because of financial need

 

Scholarship- money that is awarded because of exceptional academic achievement, and outstanding talent, skill or financial need

 

Work Study- money a student earns by working at a job on campus

 

Loan- money borrowed by they student that must be repaid
 
 

 

All students who plan to attend college must complete the FAFSA form.  This is a free application for student aid.  FAFSA forms are available on-line at www.fafsa.ed.gov or in paper copy in the Guidance Office.

 

The FAFSA form cannot be submitted prior to January 1st

 Tax information from the previous year is used to complete the FAFSA form.

 

Information from this form will be sent to all colleges that you have applied to.  You will then receive an SAR (student aid report). This report will also tell you what your EFC(expected family contribution) will be.  This is the amount of money that you and/or your family will be expected to pay in order to attend that particular school. Colleges will then send you an award letter with information about the financial package they will offer you if you select their school.

Students have been advised to get scholarship accounts for:

  1. fastweb.com 
  2. collegeboard.com 
These are both national scholarship clearinghouses that will provide information on hundreds of scholarships.