Here is an article that is highly relevant for ASPIRE Mentors. Some of the neediest students miss critical deadlines for need-based aid. In Oregon the Federal Supplemental Educational Opportunity Grant (FSEOG) is awarded by colleges to the most needy applicants.
Each college receives a limited amount of FSEOG funds and the funds are awarded to the early FAFSA submissions and college applicants.
The Oregon Opportunity Grant is need-based and has limited funds. Both the FSEOG and the Oregon Opportunity Grant are based on the completion of the FAFSA and early submission.
At McKenzie ASPIRE we encourage seniors to apply to their colleges of choice no later than Nov. 30, I think Nov. 1 is a good goal. Prior to Nov. 1 we have offered four workshops that address: Overview of College Planning, Choosing Colleges, Funding a College Education, Scholarships.
If you wish to look at the workshop materials they are posted at McKenzie ASPIRE Blog
The wonderful thing for our neediest students is that the need-based aid that is available can cover around 40% of the COA at a 4 year college IF THEY APPLY EARLY. However, if they complete the FAFSA and college applications late in the year they might only receive 23% of the COA.
What have you experienced with your students?
George A. Letchworth, Ph.D.