Financial Aid FAQs
Q: How do I get money for College?
Students usually combine a variety of sources to pay for college expenses.
*State & Federal Aid: Based on income and assets, you may be eligible for assistance in the form of grants, loans, or work study programs. You must file a Free Application for Federal Student Aid (FAFSA) in order to determine your eligibility.
*College Based Aid: Many colleges can offer assistance in the form of scholarships, grants, loans, etc. Most colleges require that students file the FAFSA in order to determine eligibility for various programs. Once you have been admitted, it is important to work closely with the Financial Aid Office at your college.
*Local Scholarships: Many local scholarships are offered through PHS. These may be applied for by filling out one local scholarship application due April 1 st each year.
*Scholarships, Grant & Loans: Visit the Financial Aid link of the counselor's web-page to access many on-line sources for college financial aid assistance.
Q: What forms do I need to file?
You should file the Free Application for Federal Student Aid (FAFSA). It is highly recommend that you complete the FAFSA online. This form can only be completed after October 1st of your senior year. You will need to secure a pin number to complete the process. www.fafsa.ed.gov
**Please note that filling out the FAFSA is now a graduation requirement. Therefore this must be done prior to graduation. If you are not going to college, you MUST sign an opt-out form. More information to come on all this.**
Q: What happens after I file the FAFSA?
Shortly after you send your form to the processing center, you will receive a report reflecting the information you supplied. You will be asked to review it for accuracy & make any necessary corrections. The report will also be sent to any colleges you requested when you completed the form. This report will indicate your eligibility for state and federal programs.
Q: When are the deadlines?
You should send the form in as soon as possible after October 1st of your senior year to allow amply time to process.
Q: Our income seems too high to qualify for state or federal aid. Should I file anyway?
Yes! Most colleges request that students file the FAFSA regardless of eligibility for state or federal aid. Also, depending upon your individual circumstances, you may be eligible for more than you thought. You'll only find out if you apply.
Q: What about scholarship recommendations?
It is important to give sufficient lead-time to those whom you ask to write letters for you. Requests should be made in writing, or if you have a form, be certain that your name is on the form. Be sure to include deadlines and other important information that would be useful in the letter. Also include an addressed, stamped envelope. Finally, a thank-you note to teachers, counselors, principals, employers, etc. who helped you is always appreciated.