Cost of College Workshop

How to pay for college

Before you start college - you can save for college
529 College Savings Plans that parents, grandparents and others can add to
Work during the summers and save what you earn for when you do go to college
Apply for and receive outside scholarships
Make payments when you go to college
File the FAFSA for federal, state and institutional financial aid
Scholarships, 529 and other savings can now be used
Money earned by you and/or your parents
Payment plans offered by colleges
Students who work full time often attend college part-time
You can borrow what you need and pay it back
Federal Direct and Perkins Loan programs
Private Loan with cosigner
Credit card debt not a good plan

Budget your money

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Target, Pepsi, Apple, McDonalds, Ford, KFC & Other Fortune ...

Scholarships
Look for scholarships early even before you are able to apply
What is the criteria for the scholarship
Align your academics and extracurricular activities to match
Work for companies that give scholarships Starbucks, KFC, McDonalds, Target,
Pepsi, Apple and Google

Never pay for a scholarship or give credit card/banking information

Local Scholarships vs National Scholarships
May be renewable be aware of renewal criteria

Colleges and Universities That Meet Full

Financial Need
Out of 1137 colleges and universities just 62 cover full need
Midwest Institutions include:
University of Notre Dame (IN)
Washington University in St. Louis (MO)
University of Chicago (IL)
Oberlin College (OH)
Northwestern University (IL)
Grinnell College (IA)

Military Options
ROTC Two, three and four year awards for undergraduate study

Air National Guard Serve part-time, close to home, Graduate programs

Air Force, Navy, Army and Marines Enter after receiving bachelor degree as
an officer and receive assistance with Graduate medical programs;
veterinary, psychiatrist, medical doctor/PA, pharmacy

How to save costs and graduate in four

years
Take AP and IB classes in High School and take the tests
Take Dual Degree classes at Ivy Tech while in High School that will transfer
Register for at least 15 credit hours per semester (Block Tuition)
Take classes during the summer when it is cheaper
Live at home
Dont buy a car
Rent or buy used books
Take advantage of the free events on campus for entertainment
If you have a meal plan only eat in the cafeteria

Cost of Attending College

Tuition
Room
Board/Meal Plan
Books/Supplies
Personal Laundry, shampoo, snacks, bedding, computer
Transportation bus pass, gas, car insurance, parking decal
Clothing for internship or job interviews
Fraternity/Sorority
Athletic and Campus Events
Printing/copying/class projects

Reality Store Your job matters!

Auto Body
Repair

Bank Teller

Biochemist
Scientist

Business
Owner

Career Chef

Childcare
Provider

Cosmetologist
or Barber

Customer
Service

Dental
Hygienist

Dentist

Electrician

Environmental
Compliance
Inspector

High School
High School
Athletic Coach Math Teacher

Funeral
Director

Landscaper/
Grounds
Maintenance

Lawyer

Legal Assistant

Music
Therapist

Optometrist

ParamedicEMT

Physicians
Assistant

Registered
Nurse

Video Game
Designer

Golf Course
Certified
Supervisor

Illustrator

Marriage
Counselor

Medical and
Clinical Lab
Technologist

Pharmacist

Photographer

Resources
https://www.collegesavings.com/csbcms/Portals/0/PDFs/Other-PDFs/CSBPROD-FL-0314-IN_Final.pdf
https://www.cicf.org/wp-content/uploads/2014/09/CICF-2015-ScholarshipGuidebook.pdf
http://www.superscholar.org/scholarships/25-popular-college-scholarships
http://www.aie.org/Scholarships
https://dreamaward.scholarshipamerica.org
http://www.finaid.org
http://www.usnews.com/education/best-colleges/paying-forcollege/articles/2014/09/15/colleges-and-universities-that-claim-to-meetfull-financial-need
http://mappingyourfuture.org/planyourcareer/careership/career_summary.
cfm?careerID=360&headerImage=_career_summary
http://blackstudents.blacknews.com
http://www.abetterchance.org