SCHOLARSHIPS AND FINANCIAL

 Money Talk Monday Financial Aid Newsletter

SCHOLARSHIPS

Scholarships.  The Crosby Scholars Program offers 59 scholarshps and awards.  As each scholarship application becomes availble, it is is posted in the Crosby senior portal.  Review the complete list of scholarships here.  Reach each description carefully for instructions on applying, including what documents to upload.

Last Dollar Grant.  The Crosby Scholars Last Dollar Grant is need-based financial aid. Scholars must demonstrate not only financial need but also remaining need after the school of choice has awarded aid.  For more information, follow the link to the Last Dollar Grant page.

Other scholarships.  Students can begin by researching institutional scholarships offered at the colleges where they plan to apply.  The financial aid web page of every college lists scholarships unique to their school and the qualifications necessary for consideration.  Crosby Scholars provides a link to the scholarships page of all colleges in North Carolina and lists them in the senior portal as well.  Students applying to schools in other states can easily locate this information on their web pages.

Every high school in the Winston-Salem/Forsyth County Schools System has a school counselor designated to serve as the scholarship coordinator.  Seniors should make sure they know who is in charge of scholarships and how to access their high school's scholarship newsletter.  High schools provide information on local scholarships, such as those awarded by the Winston-Salem Foundation, as well as opportunities on a national scale, such as the Ron Brown Scholar Program and the Jack Kent Cooke Foundation Scholarship Program.

FINANCIAL AID

The first step to applying for financial aid is completing the Free Application for Federal Student Aid (FAFSA), which opens online October 1 annually.  It is important to submit the FAFSA as early as possible.  Every college has a priority filing deadline for filing the FAFSA, and students who meet the deadline receive first consideration for aid.  Follow these steps to the financial aid process and then review these Helpful Hints. The 2016-2017 Financial Aid Timeline For Success is posted in the student portal.

While all colleges require the FAFSA, some schools also request the College Scholarship Service (CSS) PROFILE, which is the institution's analysis of the family's financial circumstances.  Unlike the FAFSA, the PROFILE costs $25 for the first application and $16 for each additional one.

College costs vary widely, and the sticker price at some schools discourages students from applying, because they are convinced they couldn't afford to attend. However, the only way to discover the true cost of attendance is to submit the FAFSA and review the school's financial aid package upon receipt. Private colleges with large price tags frequently provide merit aid that makes their overall cost comparable to, or in some instances, more affordable than, public universities.

Outside scholarships can further reduce the cost, depending on how they are factored ino the aid package. Students should ALWAYS check with the financial aid office to determine how private scholarship funds will affect other aid they were offered. Ultimately, students and families are best served by waiting until they compare all financial aid packages before deciding which college is the best choice financially.

HELPFUL LINKS

Click below to access the program in your area

Forsyth
CountyEst. 1992
Rowan
CountyEst. 2013
Iredell
CountyEst. 2015