FASFA Information

ATTENDING A COLLEGE IN MICHIGAN?

Check out your Financial Aid Options through the State of Michigan

Types of Financial Aid

Grants
A source of financial aid that does not have to be repaid and is based on demonstrated need in your FAFSA. These could be Federal, State, College or Community Foundation awards.
Scholarships
A source of financial aid that does not have to be repaid. Scholarships may be awarded based on any number of criteria, such as academics, achievements, club participation, hobbies, talents, and affiliations with various groups, or career aspirations. These could be Federal, State College or Community Foundation awards.
Work Study
A need-based student employment program, in which eligible students work part-time and earn payroll wages to help fund their education related expenses. These are Federal awards.
Loans
Loans are included as an optional funding source for students and their parent(s), who promise to repay a specified amount, including applicable interest. These could be Federal loans and/or Private loans each with different interest rates and repayment options/requirements.

Guide to Admissions to the Public Universities In Michigan

Tuition Incentive Program (TIP)

FAFSA Myths

FAFSA ( Free Application for Federal Student Aid)

FAFSA Free Application for Federal Student Aid (STUDENT FINANCIAL AID)

You could lose out on thousands of dollars for college. Don't let that happen!
To get the most, you need to submit the Free Application for Federal Student Aid (FAFSA) by March 1st.

FAFSA form is available online October 1st each year at WWW.FAFSA.ED.GOV

Changes to Your Family’s Financial Situation

If your or your family’s financial situation has changed significantly from what is reflected on your federal income tax return (for example, if you’ve lost a job or otherwise experienced a drop in income), you may be eligible to have your financial aid adjusted. Complete the FAFSA questions as instructed on the application (including the transfer of tax return and income information), submit your FAFSA form, then contact the school you plan to attend to discuss how your current financial situation has changed. Note that the school's decision is final and cannot be appealed to the U.S. Department of Education.

Visit StudentAid.gov/coronavirus for more information.

Attending a college in Michigan? Check out your Financial Aid Options.

GLOSSARY OF TERMS FOR FINANCIAL AID TERMS

FASFA Free Application for Federal Student Aid (STUDENT FINANCIAL AID)

The CHS Counseling Department is excited to host two financial aid events this year.Download a copy of the most recent Financial Aid presentation

FINANCIAL AID 101 ~ an annual CHS presentation for parents of Juniors and Seniors in the fall.

FINANCIAL AID 101 is an annual presentation for parents of juniors and seniors that will provide a basic understanding of state and federal student aid programs as well as other sources of financial aid that can help make higher education more affordable for families.

WHEN: Tuesday November 14th at 7:00 p.m.

WHERE: Chelsea High School Media Center

PRESENTER:

Seniors planning to attend college and who plan to apply for financial aid need to file the FAFSA (Federal Application for Financial Aid)

FAFSA COMPLETION WORKSHOP ~ (hands on workshop to assist completing the FAFSA form)

FAFSA COMPLETION WORKSHOP will provide parents and students the opportunity to complete the Free Application for Student Aid (FAFSA).
Staff from the Michigan Department of Treasury will be on hand to walk you through the application, answer questions, and provide individual assistance.
All students considering pursuing college or a trade or certificate program should complete a FAFSA each year they attend school.
Completion of the FAFSA determines a student's eligibility to receive federal student aid.
Think you don't qualify? Many colleges require students to fill out the FAFSA to qualify for merit-based scholarships.

Emily Hurtado-Arboleda MI Student Aid - Outreach Analyst will work with parents to complete the FAFSA application.

WHEN: TBD
WHERE:  CHS Computer Lab, Room 301 (Located near the Commons)
PRESENTER:  Emily Hurtado-Arboleda MI Student Aid - Outreach Analyst
  Office of Postsecondary Financial Planning of the Michigan Department of Treasury

WHAT TO BRING:
- Social Security Number (Student and Parent)
- Driver's License Number (if you have one)
- Alien Registration Number if you are not a U.S. citizen
- Federal tax returns (two-years prior to current academic year), W-2's, and other records of money earned (Student and Parent)
- Records of untaxed income (if applicable)
- Banking statements and records of investments (if applicable)

Emily Hurtado-Arboleda
MI Student Aid - Outreach Analyst
Office of Postsecondary Financial Planning
Michigan Department of Treasury
Office: 517-241-0097
hurtadoarboledae@michigan.gov

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