Scholarships and Financial Aid

Most college financial aid is need-based and all families must submit the FAFSA (Free Application for Federal Student Aid) form to be considered for any federal grants and loans. In addition, many private colleges also require submission of the CSS PROFILE. Deadlines vary tremendously from college to college. Students should check the financial aid deadlines as carefully as they check the application deadlines. Usually the CSS Profile form must be submitted earlier than the FAFSA form. The FAFSA cannot be submitted until October 1, 2016. The FAFSA will require your prior year's tax information which can be imported from the IRS using the IRS Data Retrieval Tool.

Pay: Tips to Afford Higher Education - Use this guide to navigate the financial aid process- everything from how to prepare, when to apply and what types of aid exist, to reducing college costs and understanding financial aid award letters.

Net Price Calculator

The College Board can provide students a personalized estimate of the cost to attend various colleges using College Board's Net Price Calculator. This determines the amount students will be expected to pay after grants and scholarships are deducted from the cost of attendance. In addition, each school provides their own Net Price Calculator on their financial aid page.

FAFSA4caster is another tool to help students and families get an early start on the financial aid process by giving an early estimate of the eligibility for federal student aid (federal grants, loans, and work study). Log on to www.fafsa4caster.ed.gov to get started. If you use FAFSA4caster, when you’re ready to officially apply for aid, FAFSA4caster will transfer all of your data to the FAFSA on the Web application, making the experience of applying for federal student aid a lot easier.

New England Board of Higher Education's TUITION BREAK for New England Residents, the Regional Student Program is available as a resource at www.nebhe.org/tuitionbreak.

Scholarship Information

Throughout the school year the Student Services Office updates Naviance with Scholarship information. It is important that seniors seeking financial aid for the 2017 - 2018 college school year check Naviance for possible scholarships, loans, or grants. If interested in applying for any of this aid, students may get the appropriate forms from the specific scholarship's web site. Many of these financial aid opportunities have specific deadlines which must be met. SENIORS, YOU ARE RESPONSIBLE FOR MEETING THESE DEADLINES.

For a list of scholarships, please see Naviance .

The 10 best sites to look for scholarships - USA Today

Local Scholarships (using YHS Scholarship application form)

The Local Scholarship Application Form will be available in the Student Services Office in the Spring of 2017. This is the only form used by about 25 local donor families and organizations. In order to compete for these scholarships, you must fill out ONE Local Scholarship Application and check off the specific scholarships for which you want consideration.

Merit Aid Resource

Many colleges offer merit aid scholarships for students based on their interests, their academic profile, their intended majors, leadership and community service. MeritAid.com is a free resource that is dedicated to helping students and families discover merit aid scholarship opportunities nationwide.

Log on to www.meritaid.com and begin your search today!!

Additional Scholarships Available Online

Scholarships available for Maine students only, may be found by using the scholarship search program at the website for the Finance Authority of Maine (FAME) at www.famemaine.com.

Other free scholarship search sites include:

www.college-scholarships.com

www.scholarships.com

www.theoldschool.org

www.scholaraid.com

www.fastweb.com

www.fastaid.com

www.cappex.com

www.mesfoundation.org

www.mainecf.org/scholarships.aspx

Finally, by subscribing to www.WeeklyScholarshipAlert.com, students (or parents) will receive 1 to 5 scholarship notices per week. Several prominent national scholarships are currently available.

Financial aid has become a very complicated process and a great deal of information is available only on the web. A diligent search can yield good results.