Financial Aid Information

File FAFSA

FAFSA (Free Application for Federal Student Aid), a part of the U.S. Department of Education, is the largest provider of student financial aid in the nation. At the office of Federal Student Aid, our 1,200 employees help make college education possible for every dedicated mind by providing more than $150 billion in federal grants, loans, and work-study funds each year to more than 13 million students paying for college or career school.

5 Things to do After Filing FAFSA

Financial Aid Toolkit:

     Federal Student Aid (FSA) launched the Financial Aid Toolkit.The toolkit consolidates FSA resources into a searchable online database.

Finance Authority of Maine (FAME)

     A great resource for college planning/scholarship info. Visit FAME Site

GI Bill -Money for High School Students:

    If one of your parents is a Veteran and, as a result of military service, is deceased or was determined to be 100% disabled, you could be receiving over $900 each month while you attend high school. You must be at least 18 years old to receive this money. These benefits are also available for education and training placements after high school graduation. For more information, talk to your Guidance Counselor or contact the Maine State Approving Agency for Veterans Education Programs. Robert B. Haley, Director 207-582-2100,  saa-vets@maine.edu.

College Financial Aid Advice

     This is a terrific free site with helpful information/links for college planning.  From college savings accounts to student loans, scholarships and grants, student jobs and tax credits; explore the many ways to fund your college education. This site can help guide you through your choices, so you can choose the best options for you. They provide an extensive list of scholarships based on majors, ethnicity & religion, minorities & women, athletics, weird/unusual,etc. Visit Site

College Portrait

A reliable website that provides a free source of clear, comparable info. about public colleges and universities. It helps student/families compare costs, locations, academic programs, graduation rates, campus activities, safety, etc. For more information Visit Site.

Net Price Calculator

By the end of October, all colleges and universities are required to have a net price calculator on their web site-some already do! This new tool will help families gage what they might expect to receive in aid from that particular institution. You will need to enter much of the information that will be used in the FAFSA so the better your data is, the better the end result will be. This is not a guarantee of award, but just a ballpark. Some schools have much better endowment funds and all schools do financial aid differently so please use this as it’s intended-another tool to help plan for college and college payments. Colby’s is up on their admissions page. Other schools may put them with financial aid.