Tuesday, January 17, 2012

Financial Aid:Thinking about pie

What is financial aid? Financial aid is monetary aid to use in pursuit of higher education. You might be more familiar with the term money for college. An easy way to think of financial aid is in relation to a pie. The pie is divided in to slices and the slices represent different sources of cash that will be used to pay for college. When you put all the slices together they should equal the cost of attendance.  So your FASFA is like your order form for a pie. You submit your order form with your information and your parent’s information. That order form will get processed and sent to your college. Your college financial aid office uses that processed order form to build your pie. Pies can be made up of many different pieces: scholarships, loans, grants, work-study as well as how much cold hard cash your family will be expected to contribute. Yum Yum gotta love ya some pie.
Pie for breakfast...anyone?
Heather

No comments:

Post a Comment