Welcome Families! College Possible + Vision - We envision a day - - PowerPoint PPT Presentation

Welcome Families!

College Possible

+ Vision - We envision a day

when the future of America’s children is determined solely by their talent, motivation and effort.

+ Making college admission

and success possible for students & families through an intensive curriculum of coaching and support.

Our Results

98%

admitted to college

80%

persist into their second year

2x

more likely to earn a degree

+ Understand how to review financial aid award letters + Preview discussions with your student about deciding what

college to enroll in for Fall 2020

+ Learn about your student’s life in college + Summer 2020 Supports from College Possible!

Agenda for Today

Understanding Financial Aid Offers

+ Once a student is accepted to a university they will be able

to receive their Financial Aid Award

+ You must complete verification (if applicable) at each

institution to receive your students award letter

+ Each college will provide a diffe

ffere rent award letter with different $$ amounts for your student

+ Comparing Award Letters is an important step in selecting

the college your student will enroll at.

Financial Aid Awards

+ Grants – money you never have to repay

• Federal – Pell
• State
• University

+ Federal Student Loans – Subsidized & Unsubsidized + Parent PLUS Loans + Student Work-Study + University Scholarships + Private Scholarships (typically not on the Financial Aid Award)

What Type of Money is Available

+ Cost of Attendance – the full cost the school will offer a

student

+ Direct Costs – the money a student will directly be billed to

attend a university

• Tuition & Fees
• Room & Board (if living on campus)

+ Indirect Costs – the other money a student might need to

attend a university

• Transportation
• Books
• Eating Out Budget

Important Financial Aid Terms

Important Groups

+ Gift Aid – add up all money that doesn’t need to be paid

back

+ Self-Help Aid – add up all of the student loans offered + Parent PLUS Loans + Work-Study + Total Cost = Direct Costs – Total Gift & Student Aid

Important Financial Aid Terms

+ College Possible’s Edquity Tool

• Your student has a tool that helps compare financial aid packages
• You can access this tool with your student to learn more about

comparing the financial aid award for each school Contact your student’s coach to learn more!

How to Read a Financial Aid Package

Making A College Enrollment Decision

College Enrollment Decisions

+ Why does fit matter?

• Students are most successful at colleges that are a good fit

Talking to Your Student

+ Weigh all the factors + Determine what is most important to you and your student + Wait till you have all the options to decide + Talk with your student about making the best enrollment

decision

College Enrollment Decisions

Balancing the below factors is really important to make sure students are attending an institution where they can successfully graduate at an affordable price. Most Important Decision Factors:

Graduation Rates – the rate of students who start at this school and graduate within 6-years. Financial Aid Gap – the amount of money not covered by a college. Total Debt – the total amount of loans after finishing the degree

College Enrollment Decisions

There are many other important factors that can help students make a good fit institution. These will each be unique to your students interests at school and beyond. Other Important Decision Factors:

• Major– the major options on campus that make students academic

interests

• Social Factors –
• Location – where is the school in location to home
• Size - how big is the school & how big are average class sizes
• Campus Resources – cultural clubs, study abroad opportunities, etc.

+ At College Possible we have tools that help your student

understand their enrollment options.

+ Edquity is a online tool that compares college options

including many of the factors listed previously.

+ Your student will have a 1:1 conference with their high school

coach in the upcoming months about making an enrollment decision.

+ You will also be invited to that conversation and to have

your own with your student over the next several months as financial aid awards arrive.

Using Edquity Tool & Enrollment Conferences

After Your Decision

Enrollment Next Steps

+ Secure your spot with a deposit (not always $$ required) + Sign up for orientation + Register for classes (typically at orientation) + Accept Financial Aid Award

• Entrance Loan Counseling
• Master Promissory Note

+ Sign up for Housing & a Meal Plan (optional) + Send your final High School Transcripts

Life in College for Your Student

+ Your student will have the full support of a College Possible

College Coach until they graduate college!

+ How College Coaches Connect With Students:

• Phone Calls
• Texting
• Email
• In Person Meetings

+ Encourage Your Student to Connect with their Coach!

College Possible College Coaches

+ Students spend less time in class, but are expected to do

much more reading and studying outside of class.

+ Professors expect students to have done the reading and

complete assignments on their own.

+ There are fewer reminders and the material covered in class

does not review the reading, but assumes that students have completed it.

+ Professors Host Office Hours to support students with

questions!

Academic Expectations

Tips

+ Your student will have on average the first 2 years to declare

their major.

+ Your student can change their major at any time; however,

switching too often can increase time to graduation

+ Your student’s major doesn’t have to match their career

field, there are many opportunities for most majors.

+ The Career Center & Academic Advisors are there to help!

Choosing a Major

+ Students typically have class for only 3 hours a day + Joining clubs/social groups is a great way to get connected + Finding a campus job can provide part-time work for

students

+ Asking for help is an important skill for your student! + Tuition statements happen twice a year – July/August and

November/December

+ Student’s must register for classes every semester

Helpful Tips/Information

Summer 2020 Support with College Possible

What can College Possible help with?

FAFSA Verification Support Deciding Which College to Attend Enrollment Steps

Class Registration Orientation Accepting Financial Aid

Going to College Social & Academic Prep

Summer 2020

WORKING TOGETHER

How can you or your student connect with College Possible?

+ You will have coach Support + Your Student will get weekly texts + Your student will have a college coach in August/September + Follow On Social Media:

• Twitter: @CollegePossible
• Facebook: College Possible Page

Summer 2020

WORKING TOGETHER

Thank You!