600 Franklin Street
Whitman, MA 02382

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W-H Guidance Department


College Board-

CEEB Number:  222395
 

Phone Number-

 781-618-7427


Last updated on
July 6, 2006














































 

Financial Aid

 

Financial aid is money to help a student meet the costs of going to college, based on financial need. Financial need is the difference between the cost of attendance (COA) and the expected family contribution (EFC) that a student and/or his/her family can pay.

The Cost of Attending (COA) college includes:
tuition and fees

books and supplies

housing and food (room & board)

personal expenses (laundry, recreation, etc.)

travel or transportation to and from college


Types of Financial Aid

bulletNeed-Based aid is awarded to students who demonstrate financial need as determined by the federal and state government and attending college

 

bulletMerit-Based aid is awarded to students who demonstrate outstanding academic achievement, or special talent in the performing arts, athletics, or other areas.
 
bulletCredit-Based aid is available to students and/or parents who have a good credit history.


Financial Aid Resources

bulletFinancial Aid Packages are combinations of grants/scholarships, work-study and loans that colleges award to eligible students.

 

bulletGrants and Scholarships are the most desirable types of financial aid, because they do not have to be repaid. Usually, but not always, grants and scholarships are sent directly to your college.
 
bulletFederal College Work-Study is what is referred to as "self-help aid. It is need-based, but must be earned through work-study jobs on campus or community agencies.
bulletLoans are also considered "self-help" aid. A loan is money borrowed, usually at very low interest rate, to pay for college costs. This money must be repaid to the lender after student completes college.


Please stop by the Guidance Office to meet with your counselor for personal assistance with your college and career planning.
 

Information on this page has been borrowed from the Higher Education Information Center publication called "Get Ready For College,,," and includes more information useful for preparing for the next step after high school graduation. Ask your counselor for a copy.

 

Whitman-Hanson Regional High School Guidance Department
600 Franklin Street, Whitman, MA 02382
 

 

 

  Dealing With Debt-
Learning proper debt management skills early on in life will help you build a solid foundation for smart money use in the future. Loans must be repaid whether or not you complete your college degree. Think carefully about how much money you will borrow while going to school and limit to just tuition and fee costs or needed living expenses.
 
 

 

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