Financial Aid

Kick Off To College Applications and Financial Aid Night  Presentation – Wednesday, August 31 2016

  • FAFSA Completion begins October 1 2016
  • Financial Aid Presentation

College planning can become overwhelming and often confusing.  If you are planning on enrolling in college in the fall of 2017 or 2018, you are probably concerned about meeting the rising costs of higher education.  Questions arise about the Illinois State programs, federal grants and loans, and the procedures that must be followed in order to obtain financial assistance.

In order to help you in the financial aid process and answer your questions about grants, loans and scholarships, Schaumburg High School will present Financial Aid Night on Wednesday, August 31 in the SHS Auditorium.  Representatives from the Illinois Student Assistance Commission will be our keynote speakers and provide you with valuable information to navigate the process.  This year, we will be combining our Financial Aid Night Presentation with our Kick Off to College Applications so that seniors and their families can hit the ground running with everything they need to know.

The Free Application for Federal Student Aid will be available beginning October 1, 2016.  It is recommended that you start the completion process as soon as possible.   Here are some helpful links to help SHS families better understand the financial aid process.


FAFSA Completion at SHS
Saturday, October 8, 2016 – 10:00 a.m. to 12:00 p.m.

Schaumburg High School – Rooms 209s and 213s

Register for the workshop

Representatives from the Illinois Student Assistance Commission (ISAC) will be at SHS to provide support to families who are completing the FAFSA.

To accurately complete the FAFSA, please bring the following information for both parents and students:

      • Social Security Number or Alien Registration Number
      • W-2 Forms Please note, you do not have to have your 2015 taxes finalized to complete the FAFSA – estimates can be made and corrections submitted.
      • Records of untaxed income, such as child support, interest income, and veterans non-education benefits
      • Information on assets, including information on cash, savings and checking account balances, investments, business and farm assets
      • Driver’s license number

Before you attend the FAFSA Completion program, it is recommended that you establish your Federal Student Aid ID, which is the personal identification username parents and students use when signing the FAFSA.  Parent AND Student both need to establish their own separate FSA ID.

Create your FSA ID  Here

Information about establishing your FSA ID can be found at What is a Federal Student Aid ID?

HARPER COLLEGE FAFSA COMPLETION SESSIONS
If you are unable to attend the FAFSA completion at SHS, Harper College offers FAFSA completion workshops to our community, located in the Avanti building.

Details on the financial aid workshops hosted by Harper College can be found on the Harper Website


Right College – Right Price Presentation 

Wednesday, April 5, 2017
7 – 9 p.m. SHS Auditorium

PowerPoint Presentation

Register Today

Frank Palmasani, creator of Financial Fit and author of Right College, Right Price, will be at Schaumburg High School to share his expertise on the college selection process and the college financing area.

Between student loans, financial aid, and tuition rates, the cost of college can be a major concern—and very confusing—for parents of high school students. Fortunately, our school has just gained a valuable resource to help you through the entire paying-for-college process, from figuring out what you can afford and comparing your financial aid award letters.

Saint Xavier University, The University of Tampa, Truman State University, Benedictine University and the University of St. Francis sponsored Schaumburg High School, giving our parents free access to one year of Financial Fit®, an online program that helps you figure out how much you can really afford to spend on college, find schools that match your budget, and understand the financial aid process, including student and parent loans.

To get free access to Financial Fit®, follow these 5 steps:

      1. Go to www.collegecountdown.com/store/financial-fit-video-library.html
      2. Click the “Add to Cart” button near the top of the page, then click “Checkout” when the pop-up appears.
      3. If you are a new College Countdown customer, create an account by clicking “Register.”
      4. Set up your account and billing address, then click “Continue.” Click “Continue” again at the payment screen—you will not be required to enter payment information. Click “Place Order.”
      5. You can access Financial Fit at any time by logging in at www.collegecountdown.com and selecting Financial Fit from the “My Tools” drop-down at the top of the page.

If you need help registering or have questions about Financial Fit, please contact College Countdown at www.collegecountdown.com/support.


Additional Resources

    • Illinois Student Assistance Commission
      ISAC provides information and resources to navigate through the college admission and financial aid process.
    • Financial Aid Comparison Worksheet
      Worksheet to generate a side-by-side comparison of the financial aid offers you have received.
    • Big Future by The College Board
      College Admission Process; College Search; Careers; Financial Aid Support
    • CSS/Financial Aid Profile
      Student Guide – provides basic information you need to complete your PROFILE application through College Board.
    • Federal Student Aid
      The office of Federal Student Aid provides publications, fact sheets, online tools, and other resources to help you prepare and pay for college or career school.
    • FAFSA on the Web
      Apply for financial aid for college right on the internet. Using the FAFSA, a form required by all colleges and universities to award financial aid
    • Financial Need Estimator
      The Financial Aid Need Estimator allows you to calculate both your family contribution and costs at specific institutions by taking you through two steps
    • FastWeb
      One of the internet’s largest free scholarship searches
    • Merit Scholarships
      Find merit scholarships from thousands of colleges.
    • Scholarship Scams
      Federal Trade Commission – Consumer Information on Scholarship and Financial Aid Scams