Back-to-school season is well underway! Before you let out a sigh of frustration because the summer flew by, decide how you’ll make this school year the best one yet. Will you be engaged in class? Will you intentionally make a new friend? Will you take on a new interest? The ball is in your court this month, so make a plan to seize the opportunities of a new school year.
To get you started on the right foot, think about joining a club or sports team. If you’re already involved in a certain activity, think about taking on a leadership role. You’ll gain communication skills and meet new people. You may also enjoy a school play or music recital. Attending different types of events like these could give you a greater appreciation for your school. Additionally, consider volunteering. Devoting some time to a cause that’s important to you is a good way to give back to your community, and you may discover a few interesting career options as you volunteer. Volunteer work can also be an asset when applying for scholarships.
Own your education this year. Challenge yourself to maintain good grades and if you’re struggling in a specific subject area, ask questions. Find resources that can help you understand difficult concepts. Conversely, if you’re excelling in a certain course that others may find tough, contemplate tutoring a few classmates. Doing this will show your concern for others and increase your own knowledge. Practice time management skills, as well. Make it a goal to turn in all assignments on time and keep the lines of communication open with your instructors. Let them know if you’ll miss a deadline.
Finally, prepare for what’s next. High school students can take FREE practice tests for the ACT and SAT to increase their scores. Free test prep material can be found at OKcollegestart.org. Seniors and college students who will need financial aid next year should complete and submit the FAFSA (Free Application for Federal Student Aid) as soon after Oct. 1 as possible. The FAFSA determines your eligibility for various types of financial aid – resources to help you cover college expenses. College students can start developing their resumes. Visit your campus Career Services department to learn about all available opportunities. And all students should apply for scholarships! Whether you’re a junior in high school or a sophomore in college, it’s never too early or too late to take advantage of these opportunities. You can find numerous scholarships at UCanGo2.org and OKcollegestart.org.
There are plenty of things to look forward to as you begin a new school year. So instead of dragging your feet on your first day of class, decide that you’ll make this school year the best yet! Welcome back and have a great year!
You made it! School’s out for the summer. If you’re looking for something to do this summer, why not get a jump start on your senior year of high school? Here’s a preview of what to do as you finish up high school and prepare for college:
- Stay on track. Review courses with your counselor to make sure you’re meeting high school graduation and entrance requirements for the schools that interest you.
- Pick your top five. Oklahoma has 25 public colleges and universities as well as several independent and proprietary institutions. Take a few minutes to check out your options!
- Search for scholarships. It’s never too early (or too late!) to apply for scholarships. Check out UCanGo2 and OKcollegestart to search thousands of scholarships!
- Test again. Even if you’ve already taken the ACT or SAT, register for the fall ACT and/or SAT tests; you might boost your score! For extra help, try the free practice ACT and SAT tests on OKcollegestart.org. Find test locations and dates at ACT.org and SAT.org.
- Create a Federal Student Aid ID. The 2020-21 FAFSA will be available on October 1, 2019. You and one of your parents will need an FSA ID to complete the FAFSA online. Be sure to keep track of these usernames and passwords. Creating FSA IDs now will save time this fall when you’re ready to file the FAFSA.
- Prepare for college fairs. This College Fair Worksheet will help narrow down what types of schools you may be interested in attending. You’ll also find a list of questions to ask college representatives. College Fairs typically begin in September. Registration for fall fairs isn’t open yet, but you can create an account on GoToCollegeFairs.com now, allowing you to easily register when the time comes.
Check out UCanGo2’s full Senior Checklist for reminders and tasks that need to be completed during your senior year of high school.
Preparing for college can be an exciting, yet nerve-wracking time. Now that you’ve made your final decision on the best college for you, what should you do next? Instead of hitting cruise control, take this time to ensure you’ll be ready for the first day higher education.
Follow up with your high school counselor to make sure your final transcript has been sent to the right college or university. Also, speak with the financial aid office at your college to confirm that you’ve completed and submitted all the required paperwork. Be sure to keep track of your FSA ID (Federal Student Aid ID) and all other critical financial documents in case you need them later.
Talk with your family about your school’s financial aid offer, as well. Ask if they’re willing to help with additional college expenses that may arise. Another good option for covering school expenses is taking on a summer job. It’s never too late to save for your education. Scholarships can also assist with the cost of college, so apply for as many scholarships as possible during the summer. The more you apply for, the more likely your chances are of receiving one.
You should also plan to attend Freshmen Orientation. During this exciting event, you’ll learn more about your college and get a chance to register for classes. Constantly check your college-issued email account to receive updates about campus activities or programs. Follow your friends and your new roommate on social media to start making some great connections. This can make the transition to college easier. Additionally, consider using this time to brush up on your reading and writing skills.
While you have some free time, schedule a visit to your doctor and dentist for a regular check-up. Get a copy of your health insurance card from your parents to use in case of an emergency. Finally, enjoy this time with your friends and family. Talk with your parents about their expectations of you in college and agree to check-in with each other at least once a week. You’ve worked hard to get into college so make the most of this summer. Soon you’ll be on your way to a great freshman year!
That’s an important question if you’re submitting a FAFSA soon. The FAFSA will always require income information from two years prior to the year that you’ll be attending college. That means if you’re submitting the 2019-2020 FAFSA, you’ll need your 2017 tax return to complete the application. For those who earned income in 2017, but not enough to require filing a return, the income still needs to be reported on the FAFSA. Always keep your W2’s, especially for any year that you didn’t file a return.
If you’re a dependent student, your parents will also need to report their 2017 tax information.* Parents who filed a joint return in 2017 should have their W2’s handy, too, because the FAFSA will ask about the income of ‘Parent 1’ and ‘Parent 2’.
Because you must complete the FAFSA each year you need student aid, it’s best to keep all relevant documentation together in a safe location, including your FSA ID (username and password). This will help you quickly and accurately finish all future FAFSAs.
*To determine whether you’re a Dependent or Independent student on the FAFSA, fill out the Dependency Questionnaire at UCanGo2.org.
Don’t test your luck, be sure to fill out your FAFSA!
It’s award letter season! An award letter is an electronic or paper notification sent by a college, university or career tech after you’ve completed a FAFSA (Free Application for Federal Student Aid) and applied for financial assistance. These award letters indicate the amount of financial aid you may receive for your education for the 2019-2020 academic year. After reviewing your letter(s), you might find that the amount of aid awarded to you in the form of federal and/or state grants, known as free money, won’t cover the total cost of college. Before opting for federal student loans to help with expenses, start (or keep) researching available scholarships. A scholarship is another form of free money for college that doesn’t have to be paid back. Scholarships are often competitive, but by putting in the work, you may be able to shrink your remaining school balance and limit – or eliminate – the need for a student loan!
There are many ways to search for scholarships. First, check the school you’ll be attending. Many campuses have foundation offices that provide scholarships to eligible students. Look for these scholarships each year you plan to attend. Your college’s financial aid office can also help you identify different types of scholarships.
Other sources of scholarships include private businesses, employers, churches and community organizations (YMCA/YWCA, Big Brothers Big Sisters, Rotary and Elks clubs, etc.). These scholarships are often posted online and typically require an application specific to each award. Save time by accessing the free and trusted databases at OKcollegestart.org and UCanGo2.org. Both sites compile thousands of scholarships available to students in Oklahoma and nationwide.
Only after you’ve exhausted all options for free money should you consider student loans. Remember, student loans must be repaid with interest, even if you don’t complete a degree, while free money from grants and scholarships does not have to be repaid.
For more information about scholarships, see our “Scholarship Success Guide.”
For more information about student loans, review “Borrow Smart from the Start.”
Submitting your FAFSA to find out your eligibility for federal and state aid is definitely a huge step in the financial aid process, but it’s only the first step. After your FAFSA has been processed and you’ve visited with the financial aid office at your school(s) of interest, watch for an Award Letter from one or more of those institutions. The letter may be sent electronically or via the US Postal service. It’s important that you read each Award Letter carefully, for it describes the types and amounts of financial aid the college or career tech can offer to help you pay for one year of higher education.
On your award letter you will see:
- The total Cost of Attendance (COA) – what it costs to go to that school for one year
- Expected Family Contribution (EFC) – a number used by the school to determine how much financial aid you’re eligible to receive (most likely not the amount you’ll be expected to pay)
- Types and amounts of aid the school can offer you; this list is often called a financial aid ‘package’.
- Grants – gift aid that comes from federal, state and tribal governments, usually based on financial need
- Scholarships – can be based on need, merit or your interests; awarded by colleges, state agencies, companies, foundations, tribal and private organizations
- Federal work-study – there may be an opportunity for you to work on or off campus to earn some of your financial aid
- Federal student loans – money that you borrow to help you pay for college; loans must be repaid, with interest
- Federal PLUS loan – an undergraduate loan your parent(s) may qualify to borrow to help you pay for college, subject to credit history requirements; your parent(s) are expected to repay the loan
Now, do a simple calculation. Subtract all of the financial aid shown on your Award Letter from your Cost of Attendance. This will determine your estimated Net Cost. The Net Cost is the out-of-pocket amount you’ll be expected to pay. You may hear this referred to as unmet need, or ‘the gap’. It’s possible that your Net Cost could be zero if your financial aid package covers your whole Cost of Attendance (a negative amount would count as a zero).
What options are available to help you pay the Net Cost?
- You don’t have to accept all of the aid offered to you, especially when it comes to borrowing student loans. A monthly payment during college may be less expensive than a loan payment with added interest after you’ve completed your education.
- Each award letter will give you a deadline to accept or decline some or all of the aid by a specified date. Always keep track of deadlines.
- If you receive more than one Award Letter, be sure to determine what your Net Cost would be at each school. The schools will most likely have different packages to offer.
Please be advised that the IRS Data Retrieval Tool (DRT) will be unavailable Saturday, Jan. 12, from 5:00 a.m. to 11:00 a.m. Central Standard Time. The DRT is used for transferring student and parent tax information from the IRS to the FAFSA application. During this outage, users may still access and complete the FAFSA. However, if any action requires entry of federal tax information, it must be provided manually. Applicants may wish to complete the FAFSA after the outage is over.
We hope you have a great 2019! Be sure to fill out your FAFSA!