paying for college: where am i going to get the money? monica cheng career pathways navigator...
TRANSCRIPT
Paying for College: Where Am I Going to Get the
Money?
Monica ChengCareer Pathways Navigator
Seattle Goodwill
A Note on Admission Reqs.
Most colleges require a minimum distribution of courses:
• 4 years English (incl. Lit. and Composition)
• 3 years Math • 3 years Social Science • 2 years Lab Science • 2 yrs. Foreign Language (Must be same
lang.) • 1 year Fine, Visual and Performing Arts
You’ll Need to Pay For…
School Costs• Tuition• Fees (student activity,
ID card, computer, etc)• Books• Supplies/Equipment• Room/Board (Meal
Plan)• Transportation (if living
off campus)• Mandatory health
insurance• Fees for online classes
Personal Expenses• Food (eating out)• Phone• Car insurance (if
driving)• Gas (if driving)• Parking permit (driving)• Clothing• Entertainment• Credit Card• Laundry• Personal Hygiene• Gifts/miscellanous
How Much…?(‘09-’10 School Year, WA State Residents)
Seattle Central CC
• Tuition : $3,645• Fees: $205• Room & Board: $8,460
(off campus)• Books: $972• Other Expenses: $3,018
(transportation, supplies, etc.)
TOTAL: $16,300
University of Washington
• Tuition: $7,125• Fees: $567• Room & Board: $8,949
(on campus)• Books: $1,035 • Other Expenses: $2,315
TOTAL: $19,991
How Much…?(‘09-’10 School Year)
University of Washington(WA State Residents)
• Tuition: $7,125• Fees: $567• Room & Board: $8,949
(on campus)• Books: $1,035 • Other Expenses: $2,315
TOTAL: $19,9911
Seattle University
• Tuition:$29,340
• Fees: $495• Room & Board: $8,805
(on campus, dbl room)• Books: $1,440• Other Expenses: $3,858
TOTAL: $43,938
Activity: Where is Your $ Going?
You make ~$630/mo PT, or $1260 FTConsider:• How much your parents make• What you have to pay for (slide 3)
Financial Aid Basics
FAFSA: General Guidelines
• ALL grants, loans, work study, etc. is based on FAFSA!
• Apply ASAP after Jan 1• Check Student Aid Report (SAR) for
errors• Print & make copies of everything!
Financial Aid Websites
http://pin.ed.gov (FAFSA e-signature)http://www.fafsa.ed.gov (FAFSA online)http://www.fafsa4caster.ed.gov
(FAFSA4caster—financial aid estimator & next steps; info transfers to actual FAFSA)
http://www.federalstudentaid.ed.gov (financial aid info & help)
http://www.college.gov (interactive website on college—why go, how to go, how to pay; incl. info, videos, tools, college plan)
Funding Sources: Grants• Pell Grant: Federal grants for undergrad.
students. Range: $976-$5,350
• ACG: Academic Competitiveness Grant; for college freshmen and sophomores eligible for Pell Grants and who took "rigorous" classes in high school (i.e. AP, 4yrs Eng/Math/Sci + 2yrs lang). $750 (1st yr)-$1300 (2nd yr)
• FSEOG: The Federal Supplemental Educational Opportunity Grant. For undergraduate students with exceptional financial need. $200-$4000
Funding Sources: More Grants
• National SMART Grant: The National Science and Mathematics Access to Retain Talent Grant; for college jrs and srs majoring in math, technology, engineering, certain foreign languages, physical, life or computer sciences. Must have GPAs of at least 3.0 in majors. Range: Up to $4000
• TEACH Grant: Teacher Education Assistance for College and Higher Education Grant; students planning to teach in schools serving low-income students. Must teach for 4 yrs in approved school after grad. Up to $4000.
• Opportunity Grant: For students studying in approved, high demand prof-tech programs (CTCs; prog. differ by school). 45 credits, up to $3200 + $1000 for books
Other Financial Aid
• Work-Study: Provides PT jobs (mostly on-campus) for students with financial need to help pay for education. Up to 19 hrs/wk @ min. wage. Eligibility through FAFSA.
• Scholarships: Start with hs counselor’s office, college foundations, local orgs (e.g. Seattle Milk Fund, Gates Millennium United College Fund), hs career centers. Also: – http://www.collegesuccessfoundation.org
(sponsors 4 scholarships @ local colleges)– http://www.fastweb.com (long-shot, last
resort)
Quiz: Do You Know What it Takes?
http://www.knowhow2go.com/