- Your Student’s Educational Journey To College
Your Students Educational Journey To College Definition of - - PowerPoint PPT Presentation
Your Students Educational Journey To College Definition of - - PowerPoint PPT Presentation
Your Students Educational Journey To College Definition of College The word college is generic term that applies to: 2 year colleges & universities 4 year colleges & universities Technical
Definition of “College”
The word “college” is generic term that applies to: –2 year colleges & universities –4 year colleges & universities –Technical or trade schools –Vocational schools & career centers
- tivate
Your student to explore career interests
– Ohio Career Information System (OCIS)
Your student’s involvement in school and
community activities
Your student to take challenging courses and
to maintain, to the best of the student’s ability, a high grade point average
ssist
Your student by keeping track of
awards, honors, achievements
By creating an academic plan for all
four years in high school with the assistance of your student’s guidance counselor
repare
For the next four years of high school
by following the roadmap
A financial plan for college (It’s not too
early!!)
– Look into college savings plans – Research high school options that could
reduce the cost of your student’s college education and build them into your financial plan
High School Roadmap to College
Freshman Year “Explore Careers” Sophomore Year “Get Involved” Junior Year “Visit College Campuses” Senior Year “Applications for college, scholarships and FAFSA”
Postsecondary Education
Financial Aid is…
… intended to supplement what parents and students
can contribute. … not only grants and scholarships but loans as well. … from federal, state, college and outside sources. … not keeping up with the rising costs of a postsecondary education.
Saving for College
It is a good idea to talk to a financial planner when determining what savings plan is best for you.
College Savings Plans (529 Plans) UGMA/UTMA Custodial Accounts
- U. S. Treasury Savings Bonds
Credit card rebate and loyalty programs Coverdell Education Savings Accounts Home Equity Line of Credit
Compare savings options at www.finaid.org/savings
Exploring College Costs
Kent State University John Carroll University Lakeland Community College Current Direct (Billable) Cost* $17,826 $40,860
Lake County: $2,917 Geauga County: $3,525 (16 credit hours)
Average Financial Aid Award*
(including loans)
$9,067 $25,865 Not reported Average Out-
- f-Pocket
Expense $8,759 $14,995 $0
(if student borrows full Stafford Loan eligibility)
*From the College Board
Myth Vs. Fact
Myth: My student is going to receive a full ride through an athletic or academic scholarship. Fact: The average athletic scholarship is $10,409* and only 19% of academic grant recipients received amounts that covered at least half of their tuition and fees.**
* Pennington, Bill. (2008, March 10)Expectations Lose to Reality of Sports Scholarships. The New York Times **Price, Derek. Davis, Ryan. (June 2006) Institutional Grants and Baccalaureate Degree Attainment
Reducing the Cost
1. Earning college credit while still in high school
- Advanced Placement Classes (AP)
www.collegeboard.com
- Post Secondary Enrollment Option
(PSEO) www.ode.state.oh.us
- College Tech Prep/Vocational Ed
Your high school’s guidance counselor can help you regarding the criteria for students to participate in these programs
2. Start at a Branch Campus
– Costs may be reduced – Course selection may be limited 3.
Start at a Community College
– 28% of LEAF participants from 2010 attended Lakeland Community College – Tuition is lower than 4 year schools – No room and board to pay – Careful planning is required – Courses may not easily transfer
Reducing the Cost
Increasing the Cost
Remedial College Classes
– High school coursework taken at a college before college coursework can begin. – Remedial classes do not count towards a student’s degree, but the classes cost as much as a regular college class
43% of Ohio Students require remediation in college* Prevent remediation by:
– Taking the core requirements – Taking challenging courses
*Ohio Board of Regents
Resources
OCIS: www.ocis.org
username: ChardonHS password: ohiocis03
Bureau of Labor & Statistics Career Information for Kids:
http://www.bls.gov/k12/index.htm
Ohio Mentor: www.ohiomentor.org College Savings Plans (529 Plans): www.collegeadvantage.com
Financial Literacy:
www.360financialliteracy.org
Financial Aid Information: Fin Aid: www.finaid.org Department of Education:
www.federalstudentaid.ed.gov
LEAF: www.leaf-ohio.org
Questions?
Andrea Tracy atracy@leaf-ohio.org (440) 358-8045