Things I Wish I Had Known About Funding My Education

You CAN receive Financial Aid, even if you are not a full-time student

Financial Aid is available for Summer classes

Outside funding sources are abundant Textbooks do not have to be so

expensive IRA Educational expenses can be tax

deductible

Things I Wish I Had Known

Financial Aid is available to part-time students

Complete your income taxes early and save a copy

Go to Free Application for Student Aid (FAFSA) website Request a PIN Complete a FAFSA online Submit electronically using the PIN and

print a copy Wait patiently

Purdue may request supplemental information

Financial Aid for Summer classes too….

Complete a simple supplemental form available through the financial aid office.

Outside Funding

By filing a FAFSA prior to March 1, you are automatically considered for need-based aid through Purdue

Other aid is available Demographics Activities Academic achievement more

Outside Funding

Finding funding sources Span Plan website Financial Aid website Fastweb You Student Services Office News and media

How do I apply?

Most require a completed FAFSA Financial information (refer back to tax

forms and FAFSA) Official transcript

Request through My Purdue Recommendations Personal essay

The Essay Write one essay and modify Pay attention to specific requirements Boast with moderation Explain goals for the future Don’t forget to “give back” Think about ALL of your added costs

beyond tuition and books PROOFREAD!

Buying Textbooks:What a scam!

Check Follett’s and University Bookstore websites early to determine the books you need

Buy elsewhere Other students Amazon, Barnes & Noble or Half.com

Search by author/title/ISBN

Reserve copies in libraries

Selling Books

Sometimes the bookstores will give you a fair buy-back price

Sometimes they won’t! Sell to another student-you will gain and

they will save Set up a seller’s account on Amazon,

Barnes & Noble or Half.com

IRA 529 Plan

An IRA 529 Plan is established to fund a college education (typically for your children)

You can make the beneficiary YOU! Consult a financial advisor

Tax Benefits

Sometimes college expenses can produce tax benefits through a Hope or Lifetime Learning credit

Consult a tax advisor

•FAFSA: http://www.fafsa.ed.gov/•Span Plan: http://www.purdue.edu/odos/spanplan/services.htm•Financial Aid: http://www.purdue.edu/dfa/•Fastweb: http://fastweb.com/•My Purdue: https://mypurdue.purdue.edu/cp/home/loginf•Follett’s: http://www.efollett.com/•University Bookstore: http://www.purdueu.com/•Amazon: http://www.amazon.com•Half.com: http://www.half.com•Barnes & Noble: http://www.bn.com

Important Websites for Funding Your Education