CEEB Number: 070705
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Financial
Aid
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What is Financial Aid?
Gift AidSelf-Help Aid
- Grants and Scholarships(free money)
- Work-Study(job opportunity to earn money)
- Loans(money borrowed that must be repaid)
Categories of Financial AidNeed-based
Merit-based (or non-need)
- Aid based on your financial situation
- Aid based on your grades, test scores, hobbies and special talents (artistic, athletic, etc.)
All Schools
Free Application for federal Student Aid(FAFSA)
- Required for federal and state aid.
- Deadlines vary from school to school
- Several filing methods:
- Paper version
- FAFSA on the WEB (www.fafsa.ed.gov)
- FAFSA Express (800-4-FED-AID)
Some Schools
Institutional Aid ApplicationCSS/Financial Aid PROFILE - Available in September
Filed earlier than the FAFSA Not all schools require $6 registration fee $15 fee per school
Debt Guidelines
- Repayment of undergraduate loans should not exceed 8% of gross monthly income after college graduation.\
Budgeting Guidelines
- The combined repayment of graduate and undergraduate educational debt should not exceed 15% of gross monthly income after graduation.
- The traditional rules call for a student or new graduate's take-home pay to be spent as follows. Students should scrutinize their expenses if they exceed these percentages.
| Housing | 30% |
| Student loan repayment | 8% |
| Food (includes groceries and eating out) | 18% |
| Credit card/loan repayment | 8% |
| Transportation (includes car insurance, but not car payments) | 10% |
| Clothing | 8% |
| Medical and dental | 4% |
| Recreation | 4% |
| Savings | 5% |
| Miscellaneous | 5% |
Free Application for Federal Student Aid (FAFSA)
| Scholarship | Amount | Criteria |
| Marjorie Eaton Snow Award (donated by the Stafford Education Association for excellence in math) | $50.00 |
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| Farber Award for Excellence in Writing | $100.00 |
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| ***SHS Athletic Booster Club Scholarships in memory of: | Peter
Durnakowski
$100.00 Dave Grieve $100.00 Steven Levinthal $100.00 Attilio Frassinelli $150.00 Terry Deary $200.00 Edward Bastolla $200.00 |
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| ****Stafford Music Booster Scholarship | $100.00
$200.00 |
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| Initiative Scholarship | $150.00 |
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| Ionic Lodge #110 AF & AM Grant Program | $1,000.00 |
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| ****Stafford Band Booster Club Scholarship for outstanding performance in instrumental music | $200.00
$200.00 |
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| Stafford Youth Softball Scholarship | $200.00 |
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| Stafford Junior Women’s Club | $250.00 |
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| Stafford Drama Club Scholarship | $200.00 |
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| Stafford High School Doghouse Scholarship | $300.00 |
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| William Howard Orcutt Award | $300.00 |
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| Stafford Rotary Vocational Scholarship | $300.00 |
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| ***Stafford Education Association Scholarship | $500.00 |
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| ***Daniel Sarkisian Stafford Bulldogs Youth Football Scholarship | $500.00 |
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STAFFORD CITIZENS’ SCHOLARSHIP
The Stafford Citizens’ Scholarship Foundation granted $48,000 in scholarship assistance last June. Twenty-two Stafford High School students received scholarship awards. These scholarships are given through the generosity of various businesses and residents of the town, and are based on an anonymous process. This process combines an analysis of financial need (based on the FAFSA), with points awarded for academic standing, activities, work experience, SAT scores and a statement of future goals. Students may also indicate any unusual circumstances for consideration
Every senior planning to go on to school after
graduation should apply for a Citizens’ Scholarship!
The following Schedule is in Adobe Acrobat PDF format. To download a free copy of Acrobat Reader go to www.adobe.com.and find the free download information in the lower left section of the screen.
Citizens Scholarship Application
Citizens' Scholarship Foundation of Stafford was founded in 1962 by a group of concerned citizens for the purpose of awarding scholarships to assist students residing in Stafford and Union to obtain education beyond secondary or high school level; such scholarships shall be awarded on the basis of the needs and relative merits of the applicants without regard to their race, color, creed, or sex.
To establish a CSF of Stafford Trust Fund, contact either of the following people: Gary Shearer, President at 860-684-3644 or Rose Roszczewski, Treasurer at 860-684-6321 or mail your request to CSF of Stafford, P.O. Box 25 Stafford Springs, CT 06076. If, however, you wish to start a fund at the time of bereavement it is not necessary to contact CSF right away. At the request of the next of kin the funeral directory will include in the obituary notice, "Donations may be made to CSF of Stafford, P.O. Box 25 Stafford Springs, CT 06076" This will quickly notify family and friends of your wishes. When ready, (usually after a few weeks) the family may contact Mrs. Roszczewski or Mr. Shearer directly. The family's wishes as to the type of memorial desired can be determined at that time.
If you would like to perpetuate the memory of a loved one in a way which would provide a scholarship award each year to a local student in the name of a loved one, consider creating a Permanent Memorial Trust Fun in the endowment of CSF of Stafford. Donations totaling $2,000 are required to establish a permanent memorial fund. The donated money will be invested by CSF of Stafford, and the income will be used to provide a scholarship each year awarded on behalf of the fund bearing the name of loved one.
The endowment program works on a simple concept. The original money gift is invested in a non-interest bearing instrument. Each year the interest generated by the investment is awarded as a scholarship. The original amount, or "principal" remainsin the interest bearing instrument to generate more interest, which in turn will be awarded next year. Fund must total $2,000 before they generate a yearly scholarship.
Funds that are started and do not reach the $2,000 goal may be allowed to grow over a few years. if it appears that the fund will not reach the $2,000 plateau the fund originators may decide to award the entire amount the following year as a scholarship or turn the money over to the CSF of Stafford General Fund to be used for continuing scholarship.
A fund grows when additional principal monies are contributed directly to the Fund. Many individuals, clubs, organizations, and businesses earmark their Annual Appeal contributions to a specific fund. Some fund sponsors conduct fund raising activities. Some businesses match their employees' contributions.
HEALD SCHOLARSHIP
Awarded through a trust, this scholarship is given to the senior male and female student who has attained the highest academic average in their senior year courses. While the amount of the scholarship varies from year to year, depending on the return which the investment of principal brings, the scholarships averages between $1500 and $2000 annually for a total of between $6000 and $8000 for four years.
***APPLICATIONS AVAILABLE IN GUIDANCE
****APPLICATIONS AVAILABLE IN THE MUSIC DEPARTMENT
Awards and scholarships vary from year to year, but student recognition is an important part of the high school’s mission. Below we have provided an overview of numerous awards that have been available and the criteria for the selection of award recipients.
All New England Music Festival Medal