Scholarships and Financial Aid

Scholarships and Financial Aid

Scholarships and Financial Aid October 4, 2012 1. Scholarships Offered By The College Private Source Scholarships Military Scholarships 4 Federal & State Money 1. Overview of Financial Aid 2. Grants, Loans, Work Study 3. FAFSA Form Pin Number Tom Yarnell Director of Financial Aid Otterbein College Dublin Coffman Dublin Jerome Dublin Scioto

Parent Seminars: Last Year (Junior Parent Meetings) “Everything You Want to Know About College Testing” “Suburban College Fair” “College Fair for Students with Learning Disabilities” “Getting Started in the College Selection Process” “Alternative Education Programs” “Minority Multicultural College Planning Program” “Information for College Bound Students with IEPs” This Year’s Senior Parent Meetings “Application Process” (Meeting Before Open House) “Scholarship and Financial Aid” TONIGHT’S PROGRAM “FAFSA Workshop”(Jan. 9, 2013)

CollegeTimelines

1. No one applies for scholarships 2. Millions go unclaimed each year Scholarship Myths

4 Sources of Scholarship Money • Scholarships Offered By The College 2. Private Source Scholarships 3. Military Scholarships 4 Federal & State Money

Scholarships Offered By The College •80 % of all Dublin scholarships come directly from the College/University

Scholarships Offered By Colleges •In the last 24yrs (INCREASED) •Since 1988 4 year private colleges increased dollars by 300% •4 year public colleges increased dollars by 80% • Enrollment Incentive for good students to apply

Scholarships Offered By Colleges •Contact:College financial aid office, admissions office, and sometimes the departments within a college. Sometimes: Departments and colleges within the University administer their own Departmental scholarships. * Students who have chosen a major are encouraged to contact the department in their major area of study regarding scholarship opportunities. • Identify any scholarships for which the student is eligible • Some scholarships you don’t apply for---- based on college test scores and grade point average •80 % of all our scholarships in recent years have come directly from the colleges or universities

Scholarships Offered By Colleges • 1. High GPA • 2. High SAT/ACT scores • 3. Quality of courses 4. Talent in music, art, athletics, dance, writing, drama, debate, etc……. 5. Leadership or Community Service 6. Completed FAFSA Form 7. In school or out of school activities 8. On-site college scholarship exams • “With all of these factors you are compared to the applicant • pool and standards of the school applying” • IB Diploma • At the Univ. of Nebraska, • • graduate with a IB Diploma • • 27 ACT or equivalent SAT • • $12,284 per year for 4 years $49,000 SCHOLARSHIP

Scholarships Offered By Colleges Athletic Scholarships •NCAA Division I and II •NAIA Colleges and Universities •Junior Colleges and Community Colleges •There are NO DIVISION III Athletic Scholarships

Scholarships Offered By Colleges Approximately 1% of the students who participate in high school athletics earn a Division I athletic scholarship

Scholarships Offered By Colleges • Many of the highly selective colleges do not offer academic merit scholarships •No athletic scholarships are awarded •Federal financial aid “IS”available • College endowment money “IS”available

Scholarships Offered By Colleges • They want applicants from diverse socio-economic backgrounds • Zero parent contribution for families earning less than $65,000 • With subsidies extending to families earning less than $130,000 • No student will be required to take out loans to meet the cost of a Yale education NEED BASED INITIATIVES

PRIVATE MONEY Where do I look for the private scholarship money? GLENNA JOYCE SCHOLARSHIP NATIONAL MERIT SCHOLARSHIP COMMUNITY SCHOLARSHIPS ESSAY CONTESTS NATIONAL SCHOLARSHIPS AFL-CIO RELIGIOUS AFFILIATION ROTARY CLUB

PRIVATE MONEY ESSAY CONTESTS 1. INTERNET AFL-CIO NATIONAL SCHOLARSHIPS

NAVIANCE FAMILY CONNECTION Scholarship Search

PRIVATE MONEY Excellent Website http://www.collegegold.com/scholarships Unusual Scholarships Scholarships for average students Prestigious Scholarships

PRIVATE MONEY Excellent website http://www.collegegold.com/scholarships Unusual Scholarships Scholarships for average students Prestigious Scholarships

PRIVATE MONEY Legitimate Web-Based Scholarship Searches 1.College Board www.collegeboard.com/pay Fast Web! www.fastWeb.com 3. SallieMae College Answer http://www.collegeanswer.com/index.jsp 4. FinAid Web page http://www.finaid.org/scholarships/ 5. Student Scholarship Search http://www.studentscholarshipsearch.com/

PRIVATE MONEY

PRIVATE MONEY • BOOKS • ASK EMPLOYER, CHURCH, CLUBS, MINORITY ORGANIZATIONS, CIVIC GROUPS, PROFESSIONAL ORGANIZATIONS • DUBLIN LOCAL SCHOLARSHIP PROGRAM • $ 106,527 last year Applications available Feb. 1, 2013 Application deadline March 1, 2013

PRIVATE MONEY Some colleges have private money to distribute through scholarships. This type of scholarship often requires needandacademic meritWe encourage all families to complete the FAFSA form to be in the running for these scholarships.

MILITARY SCHOLARSHIPS • ROTC Scholarships • Army • Navy/Marines • Air Force Most ROTC scholarships cover the entire cost of tuition. The Navy covers housing and books as well as provides a stipend, while the Army covers only tuition. Air Force offers a majority of scholarship recipients full tuition up to the in-state cost as well as stipends for books. ROTC members are also provided a living expense. Starting at $250 a month, the amount increases each school year

MILITARY SCHOLARSHIPS MILITARY ACADEMIES (no cost) US Military Academy (West Point) US Air Force Academy US Naval Academy US Merchant Marine US Coast Guard Academy

MILITARY SCHOLARSHIPS OHIO NATIONAL GUARD MILITARY RESERVES

FEDERAL AND STATE MONEY Ohio Board of Regents State Grants and Scholarships Department P.O. Box 182452 Columbus, OH 43218-2452 http://regents.ohio.gov/ OHIO BOARD OF REGENTS • Nurse Education Assistance Loan Program • Ohio College Opportunity Grant (Max family income 75,000 dollars) • Ohio War Orphans Scholarship • Ohio Safety Officers College Memorial Fund

FEDERAL AND STATE MONEY • http://www.ED.GOV • http://www.ohiohighered.org/sgs • http://www.scholarships.com/financial-aid/college-scholarships/scholarships-by-state/ohio-scholarships/

Scams Just like all other scams we get in the mail each day. •Scholarship guaranteed or money back •You cannot get this scholarship info anywhere else •May I have your credit card number to hold this scholarship •We’ll do all of the work •To apply for a scholarship we need a deposit •You are a finalist in a contest that you have never entered Scholarship Fraud Prevention Act of 2000 US Dept. of Ed. And Federal Trade Commission publish information about scholarship scams on the internet!

Private Computerized Scholarship Searches • They seldom help you find private aid CHARGE YOU $250-$500

ONCE IN COLLEGE, DON’T ASSUME THE SCHOLARSHIP QUEST IS OVER! • THERE ARE SCHOLARSHIPS GEARED FOR COLLEGE SOPHOMORES, JUNIORS, SENIORS • YOUR COLLEGE FINANCIAL AID OFFICER AT YOUR COLLEGE MAY BE ABLE TO HELP

Dublin SCIOTO High School 7:00 pm Performing Arts Centre January 9, 2013

EFC Calculator Expected Family Contribution Estimate how much your family will be expected to contribute http://apps.collegeboard.com/fincalc/efc_welcome.jsp

Scholarships and Financial Aid