Financial Aid Timeline
Select your year of High
School
Freshman
Year
Some simple steps taken early in high school can have
great value to broaden your college and financial aid
prospects.
Select your high school courses with your high school guidance
counselor to make certain you will be meeting your college
requirements. Focus on building strong academic, vocabulary,
mathematics and critical thinking skills by selecting
challenging
courses. These skills affect your college entrance exams, the
SAT
& ACT. Discuss your plans for the next four years with your
guidance counselor. Research the types of colleges that might
be
of interest to you. Investigate them by sending away for
catalogues and talking to older friends and family. Study
hard,
get excellent grades, and become involved in extracurricular
activities that will help you learn skills that classrooms may
never teach.
Sophomore
Year
September
- Find out about the PSAT and the PLAN. These are
preliminary
preparation tests for the SAT and ACT. High scores on these
preliminary tests can qualify you for academic recognition and
possible scholarships. Both tests are scheduled from October
through December. You will need to register and prepare
several
weeks in advance, so ask about important dates in the
counseling
center at your high school.
October/November
- The PSAT and SAT have similar questions so consider this a
practice for the SAT. Your PSAT scores from your junior year
qualify you for the National Merit Scholarship Competition.
Take
the test seriously and often so you will become familiar with
the
format and the questions. Your final test score will benefit
from
the practice.
December/January
- Meet with your guidance counselor to review the results
of the
PSAT and PLAN tests. Review the material included with your
results.
- Read challenging books over winter break to strengthen
your
vocabulary.
February/March
- Visit your college guidance office to research colleges,
view
literature, read guidebooks, and discover Internet resources.
- Read over spring break to strengthen your vocabulary.
April/May
- Visit your guidance counselor to discuss registering for
the
June SAT II: Subject Test. This specialized test is on
academic
subjects that you have already completed.
- Discuss with your guidance counselor enrolling in summer
school, or taking a summer course or program at a local
college or
community college.
June/July
- Some colleges require three SAT II: Subject Tests which
are
given in early June. Two tests should be in a math and writing
subject. You will be taking these tests again in your junior
year
and you'll have the option of sending your best scores to
colleges. PSATS will be taken in October. Consider a summer
PSAT/SAT prep course.
- Read a variety of fiction, non-fiction and drama over
summer
break to strengthen your vocabulary and for pure
enjoyment.
Junior
Year
Going to college is almost a requirement for
earning potential and career satisfaction. The opportunity to
study at the college of your choice is both an honor and a
privilege. To find the most appropriate schools in which to
invest
your time and to find the best sources of financial aid to
fund
your education, following a few simple steps can make
negotiating
the course to college more manageable and more
promising.
- SAT & ACT Testing
- If you haven't already done so, complete the necessary
requirements to take or retake the SAT or ACT tests. Take
practice
tests again before going to the exams so you can be familiar
with
the format of the questions.
- Evaluate College Choices.
- You're looking for qualities ranging from academics to
dorm
life, and you'll want to know which schools offer what you
want.
Be prepared to identify what is important to you - a specific
degree program, a big city or small town campus, a college
that's
close to home or far away, an atmosphere that's culturally
diverse, or a school with special recognition. This search
can be
free and is always fun.
Apply For Scholarships
College can be very expensive and most likely will require
financial assistance from numerous sources. The more informed
you
are on sources of college funding, the easier it will be to
attend
the college of your choice. Knowing where to start so you can
find
and qualify for grants, loans, and scholarships can be
extremely
time consuming, and often end with frustration. But it doesn't
have to. Learn everything you need to know at
Scholarships.com.
Use Scholarships.com as a resource to discover a variety of
sources of financial aid. Don't delay. Many scholarship and
grant
applications need to be received early in your senior year for
consideration for your freshman year in college.
September/October
- Discuss and review your courses for this year and your
plans
for next year with your guidance counselor. Make certain
you'll be
meeting your college requirements with the courses you're
taking
and have completed.
- Register for the October PSAT. This PSAT will qualify you
for
the National Merit Scholarship Competition. With a high PSAT
and
SAT score, good grades, and a recommendation from your
school, you
may become a National Merit Scholarship Finalist. Finalists
qualify not only for academic distinction, but also for
scholarships.
November/December
- Begin financial aid research by exploring grants,
scholarships
and work study programs with college financial aid offices and
with your high school counselor.
- Do research on your own via the Internet.
- Review your PSAT test results with your guidance
counselor.
Consult with your guidance counselor about taking the ACT,
SAT I,
or the SAT. You will have to determine which tests are
required
for the colleges your are considering.
- Make sure you know your social security number. If
necessary,
visit the closest Social Security office to obtain a
number.
- Read over winter break.
January/February
- Prepare a preliminary list of colleges you would like to
investigate and possibly attend.
- Visit with your guidance counselor to discuss your list of
colleges.
- Write to the colleges on your list and ask for catalogues,
community activity information, and special financial aid
options.
- Register for the March SAT I. Purchase an SAT I prep
guidebook
and consider a prep course.
March/April
- Check the SAT I and SAT II: Subject Test and ACT test
dates.
- Begin to narrow your list of colleges you're considering.
Contact the colleges on your short list and request admission
literature.
- Consider your summer plans: summer job, summer school,
summer
course or program at a local college or community college.
May/June
- Enroll in summer school, a course at a local college,
apply
for an internship, or work as a volunteer in the field of your
career choice.
- Review literature received from the colleges on your short
list. Pursue other information resources about these colleges.
Visit the college's website.
- Consider planning visits to colleges during the summer.
Inquire about attending an interview. They book up quickly;
set
them up as early as possible.
July/August
- Tour colleges and have interviews. Include family members
on
your journeys. Incorporate these visits with your family's
summer
vacation plans.
- Review your short list of potential colleges.
- Begin preparation for the application process: assemble
your
portfolios, collect writing samples, draft application
essays, and
if applicable contact the coaches at the college to inquire
about
athletic scholarships.
Senior
Year
August/September
- Register for the October/November SAT I and /or SAT II:
Subject Test, or October ACT.
- Send away for college applications and information from
the
schools on your short list. Check on application deadlines
and any
special requirements.
- Ask teachers, coaches, and employers to write you a
letter of
recommendation. Give these people at least two weeks to write
you
the best letters they can.
- Visit with your guidance counselor to review your list of
colleges, making sure your choices are appropriate for your
academic and personal record. Update your personal
records.
- Visit Scholarships.com to discover and research private
scholarships, then apply.
- Visit your library, bookstore, and the Internet to
research
any additional sources of scholarships and financial aid.
- Plan visits and set up interviews to those colleges you
did
not visit during the summer.
October/November
- Register for the December/January SAT I and/or SAT II:
Subject
Tests, or December ACT.
- Develop a schedule of admissions and financial aid
deadlines
for yourself.
- Visit your Scholarships.com mailbox for new college
scholarships and financial aid information. Update your
personal
profile to include any changes or last minute additions.
- Visit your guidance counselor to make sure your
transcript and
test scores have been sent to the colleges you have
selected.
- Submit applications for early decision/early action
programs
if you are sure about which college you want to attend.
Prepare
applications for your back-up choices.
- Check with your high school guidance office, bank or
public
library to find any scheduled financial aid presentations.
December/January
- Discuss and review your final list of colleges with your
school counselor. File all remaining college applications.
Have
your test scores sent to those colleges. Obtain all financial
aid
forms that may be required by your intended colleges.
- Visit Scholarships.com to find more scholarships. Update
your
personal profile to include any changes or last minute
additions.
- Obtain a Free Application for Student Financial Aid
(FAFSA)
(available at high schools, colleges and libraries, or by
calling
1-800-4-fed-aid. FAFSA is also available online--along with
additional college information at http://www.fafsa.ed.gov)
- Complete, copy, and submit FAFSA (Don't wait for the
deadline).
- Parents and students should compile income tax
information and
complete and file income tax returns early to complete the
FAFSA
application. Check to determine if any other financial aid
forms
are required by your state or college.
February/March
- Review to make certain that you have submitted all
required
financial aid forms.
- Many private scholarships have March 1 application
deadlines.
- Visit Scholarships.com again Update your personal profile
and
apply for any new scholarships.
- If required, send copies of your income tax returns to
financial aid offices.
- Receive your Student Aid Report (SAR). (About 4 weeks
after
you submit FAFSA)
- Contact your school's financial aid office to ask if they
need
a copy of the SAR.
- Monitor your applications to be certain that all
materials are
sent and received on time and that they are complete. Be
aware of
all deadlines.
April/May
- Sign and return financial aid forms.
- Receive admissions notifications and compare your
financial
aid packages.
- Send final transcript and student loan applications to
your
chosen college.
- Contact your financial aid office to check status.
- Contact admissions and financial aid offices of schools
whose
enrollment/aid offers you have decided to decline.
- Check your Scholarships.com mailbox. Now that you have
chosen
a specific college, you may discover other sources of aid for
that
school.
June/July
- Complete any remaining financial aid forms.
- Check your Scholarships.com mailbox. New awards are added
regularly.
- It's never too early to look for next year.
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