CURRENT EH SCHOLARSHIPS

How Will I Pay for College?

STEP 1: Begin by ESTIMATING the cost of college.

Gather the materials listed in this estimator and complete the online questions to determine your Expected Family Contribution (EFC) - the index number used to determine your eligibility for federal student aid.
Indiana College Cost Estimator

STEP 2: Start SAVING as soon as possible.

Even if a student were to earn a full-ride scholarship to college, there will still be extraneous costs to attending college. There are many banks that offer college savings plans that should be checked out on an individual basis. Indiana College Choice 529 Direct Savings Plan is another option that many families utilize because of the following benefits:

It can be opened for a child as soon as they are born
Takes as little as $10 to open
An account can be opened online in about 10 minutes
Very low annual asset-based fees
Any number of people can contribute to the account (parents, grandparents, other family...)
Earnings are tax-deferred and free from federal income tax when used for qualified higher education expenses
Indiana taxpayers are eligible for a state tax credit of 20% of contributions, up to $1000 per year

STEP 3: Seek out Grants, Scholarships & Loans

GRANTS: A grant is generally money that is need-based and does not have to be repaid.

Most grants are automatic & based on the Free Application for Federal Student Aid (FAFSA)

ALL students planning on going to college should complete the FAFSA.

**NOTE: BOTH student AND parent will need a Pin# and have separate logins.

DEADLINE: October 1-April 15
(grants are given out on a first-come, first-served basis)
FAFSA INFORMATION
FAFSA CHECKLIST
COMPLETE THE FAFSA

SCHOLARSHIPS: Scholarships can be need-based or merit-based and also generally do not need to be repaid.

Be sure to check the qualifications as well as the DEADLINE for each scholarship.

The largest amount of scholarship money comes from colleges themselves. Always check with your college of choice for scholarships they award for need, merit or specific areas of study.

Other Scholarship Resources:

State of Indiana Special Scholarships:

Be Careful of Scholarship Scams

Legitimate scholarship websites will not charge a fee for searches.
NEVER give out personal information such as social security number, bank information or credit card.

LOANS: Loans DO need to be repaid, but have varying interest rates and repayment periods.

Types of Loans
InVestEd Private Loan

STEP 4: Consider Work-Study or other employment programs.

Many colleges have jobs on campus that allow students to earn money and gain job experience while working around a school schedule.

Eastern Hancock Schools

Royal Success for High School & Beyond

EH High School Resources:

School Profile

Graduation Requirements

Course Guide

Scheduling

Study Resources

Career Centers

State & Standardized Testing

Community Service Opportunities

Counseling/Crisis Resources

Looking To The Future

Career Options

College Search

College Visit List

Planning for College

Cost Estimator

Scholarships & Financial Aid

Common Application

Transcript Request (Parchment)

How to Ask for a Recommendation Letter