Eac Hosts Financial-Aid Workshop

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The Payson Campus of Eastern Arizona College is holding a free financial aid workshop for students planning to attend any college next year.

The seminar, scheduled for 1:30 p.m. Saturday, March 24, will include information that can be used to finance an education at any Title IV college or university in the country.

"Title IV colleges are all those that get federal funds," EAC-Payson spokesperson Gale Cotten said.

While at the workshop, attendees will be able to fill out the Free Application for Federal Student Aid or FAFSA, the form necessary to apply for federal Pell grants, both subsidized and unsubsidized Stafford loans and other federally-funded, campus-based programs.

Information on other scholarships also will be available.

The event serves as a great opportunity for locals to see the new EAC-Payson campus, Cotten said, and it can also save students money by providing assistance that they might otherwise end up paying for.

"There are some people who charge students up to $500 to fill out an application," she said.

The federally funded Student Financial Assistance Program is the largest source of student aid in America, providing more than $40 billion a year in grants, loans and work-study assistance. The two basic types of financial aid under the program are gift aid and self-help aid.

Gift aid is financial assistance that does not have to be repaid, and includes grants that are usually based on financial need and scholarships that are awarded for such things as academic achievement, athletic ability, artistic talent, and social organization affiliation.

Self-help aid includes work opportunities and loans.

Federal assistance and other opportunities, Cotten said, have made higher education very affordable.

"Nobody has an excuse for not going to college because of the money anymore," she said. "At Eastern Arizona College, our policy is that no one will be denied for financial reasons."

Call EAC-Payson at 474-2224 to reserve a place at the seminar, and plan to bring your 2000 federal income tax forms, W2s and other earnings information along. The college is at the northeast corner of Mudsprings Road and Highway 260.

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