Guidance Department
Mary F. Moloney
Director of Student
Personnel Services
201-858-5906 (Fax: 201-858-6273)
College Information Financial Aid SAT Prep Materials Useful Websites Resume
Where Does
the Money Come From?
Students have a wide variety of methods to pay for college.
Tips form Educaid, a First Union Company
As you get ready for college, you and your parents may be thinking, “How in the world are we going to pay for all this?” That’s where financial aid comes in. Grants, scholarships, work-study, and loans are all different types of financial aid that you can use to pay for college.
Applying for financial aid:
The process starts with the Free Application for Federal Student Aid, “FAFSA” for short. If you don’t submit a FAFSA, you can’t receive any federal aid grants, work-study assistance, or loans. It’s really important that you complete and send in your FAFSA on time.
To start the financial aid process:
Complete the FAFSA as soon as possible after January 1 of your senior year in high school. The processors won’t accept the FAFSA before January 1. Since many colleges award aid on a first come-first served basis, it’s in your best interest to submit the forms promptly. You can get a FAFSA from your high school guidance counselor or any college financial aid office. It’s also available on the Internet at www.fafsa.ed.gov. Directions for filing on line will follow in the Fall.
