It is important that students understand all the financial aid options available during his or her college decision-making process. In addition to college application deadlines, individual colleges and Federal and state programs have application deadlines for financial assistance that must be met in order to be considered for all available financial aid. Financial Aid refers to the wide variety of programs that help students and families pay for college or graduate school.
More than 15 million students are enrolled in postsecondary study in the United States. Over half of these students receive some form of financial aid.
How is student aid determined?
Student aid is based on either financial need or merit-based need.
Most student aid, federal or not, is awarded to students based on their families’ financial need.
Algoma School District will provide links to scholarships that are offered specifically to our students as well as other scholarships that we feel would be of interest. Links to resources that will be helpful to the college-bound student when planning also be posted. These lists are not exhaustive and we encourage you to do research on your own to be sure you are taking advantage of the wide variety of opportunities available to finance your education.
Financial Aid is available in four forms:
Three major sources provide the bulk of student financial aid:
- Federal government
- State governments
- Colleges and universities
If your organization or place of employment has a scholarship that would be of interest to the students of our school, please contact the guidance office.
Financial Aid and Scholarship Resources
- FAFSA (Free Application For Federal Student Aid): Where all things college financial aid begin. Deadlines, school codes, online application. Nearly all aid in every form requires the FAFSA.
- NEW! What is the FAFSA?: A Student’s Guide to Applying for Financial Aid
- FAFSA4Caster: An online tool on the FAFSA site that will help estimatefederal student aid eligibility.
- NEW! Information on Financial Aid for Undocumented Students
- National Association of Student Financial Aid Administrators (NASFAA): An excellent guide to the financial aid process from deadlines to answering eligibility questions.
- Fastweb: A leading online resource in finding scholarships to help you pay for school.
- GoCollege: A guide for students on how to finance and succeed in college.
- College Planning and Student Debt Information: A resource for students and parents who are facing questions and decisions about college and student debt
- Cappex.com: College and Scholarship Search