finding the money - scholarship info breakfast
TRANSCRIPT
S cholarsh ip Bre akfast
D e ce m be r 1 , 201 1
10 , 0 0 0 D E G R E E S
CREATING COLLEGE GRADUATES WHO CHANGE THE WORLD
W E L C O M E• Introd uctions
• O ur stud e nts
• F inancial Aid Land scape
• Paying for colle ge
• S cholarsh ip proce ss
• Looking ahe ad
• Q ue stions
M IS S IO N
We believe everyone should have a chance at college ! We ad vocate for e qual e d ucational opportunity and
support s tud e nts m ost in ne e d to succe s sfully acce ss ,
pursue and com ple te h ighe r e d ucation.
P IP E L IN E O F S E R V IC E SF R O M T H IR D G R A D E T O A C O L L E G E
D E G R E E A N D B E YO N D
Alum ni s tay conne cte d , the cycle continue s , the m ove m e nt grows .
Planting the S eed
C olle ge Tours
E arly Aware ne ss
F inancial
E d ucation/C olle ge
Planning
Information and Guidance
C olle ge Institute
Me ntoring
C olle ge & F inancial Aid
C ounse ling
C olle ge Match ing
Financial Education &
AidMe aningful S cholarsh ips
O the r Fre e Aid
F inancial Aid C ounse ling
C olle ge C om ple tion
S upport
84%Graduation
Rate
Ne xt S te p
Alum ni
E ngage m e nt
E L E M E N T AR Y
S C H O O L
M ID D L E S C H O O L
H IG H S C H O O L
S E N IO R YE A R C O L L E G E A L U M N I
W H O W E S E R V E• E ve ry h igh school
• 1 00% from low incom e house hold s
• 78% trad itionally und e rre pre se nte d
• 77% firs t ge ne ration
2 0 11 – 2 0 12• Award e d 522 scholarsh ips to 471 s tud e nts
• 1 72 stud e nts in h igh school inte ns ive program s
• 92 volunte e r m e ntors
• Will touch 1 500 through tours , workshops , outre ach
T O P T E N
F IN A N C IA L A ID L A N D S C A P E
• U C tu ition rose 32% from 09/1 0 to 1 0/1 1
– S late d for 9% incre ase (both syste m s)
– 68% in the past five ye ars
– C S U 60% in the past five ye ars
– C C fe e s s late d to ris e $1 0/unit to $36
• Pe ll grants/fe d e ral state aid in je opard y
• Available grant fund ing d e cline s ove r a stud e nt’s
colle ge care e r
• D re am Act!
U N M E T N E E D
C O M P L E T IO N
H O W T H E Y A R E P A YIN G
• C om pre he ns ive financial aid profile s
• Ave rage unm e t ne e d $1 2,698
– Pe ll G rant – 71 %
– C al G rant – 62%
• Re d ucing the gap
– Fam ily loans
– C re d it card s
– Private loans
– Reducing s chool to work more
IN S T IT U T IO N A L A ID
• U C /C S U ’s offse t with C al G rant
– U C D avis
• C lare m ont C olle ge s giving the be st package s
• S t. Mary’s giving s lightly m ore than D om in ican
• Re gard le ss – The gap re m ains .
O P P O R T U N IT IE S
• Loan confus ion
• Le ve raging othe r scholarsh ips
• Work stud y (Pe rs is te nce )
• Re ne wing/m aintaining financial aid
• Multi-ye ar planning!
F IN A N C IA L R E S O U R C E S
• “G rant aid has cle are st pos itive e ffe ct on d e gre e
attainm e nt.”
• S tud e nts who le ave colle ge re port:
– 71 % “I ne e d e d to go to work.”
– 52% “ I could n’t afford tu ition”
• For low incom e stud e nts - incre ase of $1 000 in ne t
price re sults in d e cline of 3% in s ix ye ar grad uation
rate s
O U R G O A L
• F inancial re source s are not a barrie r to s tud e nts
acce ss ing, pursu ing and com ple ting postse cond ary
e d ucation.
• Prim ary program s
– U nd e rgrad uate (U G R)
– C h ild C are (C C S )
– S pe cial/D onor Ad vis e d (D AS )
– Profe ss ional & Te chnical Train ing (PTT)
U N D E R G R A D U A T E
• Large st program
– 723 Applications
• 60% ne w
• 40% re ne wing
• Re ne wable
– U p to s ix ye ars
– D e m onstrate d
progre ss (2.0)
– 85% re ne wal rate
C O M M U N IT Y G R O U N D E D & T E S T E D P R O C E S S
• Bas ic E ligib ility
• Motivation, pe rs is te nce
and pe rse ve rance
• F inancial ne e d
B A S IC E L IG IB IL IT Y
• C om ple te application by March 2
• G rad uate d Marin county h igh school (or 2 ye ars
re s id e ncy in Marin)
• S e e king 1 s t bache lors d e gre e (or 5 th ye ar cre d e ntial)
• Plans to e nroll
– 1 2 or m ore units
– Accre d ite d school
M O T IV A T IO N , P E R S IS T E N C E A N D
P E R S E V E R A N C E
• D e m onstrate d through e s say
• E ssay S coring
– C om m unity ground e d re ad ing
– Te ste d rubric
– S core d twice
C O M M U N IT Y G R O U N D E D & T E S T E D
P R O C E S S• Bas ic E ligib ility
• Motivation, pe rs is te nce
and pe rse ve rance
• F inancial ne e d /Pe ll
E ligible
D IF F IC U L T D E C IS IO N S
• F inalis t pool + Available $$
• Pre pare sce narios
– Board approve d
– Re ne wing s tud e nts
– 1 st ye ar stud e nts
– E ssay score
O N E A P P L IC A T IO N F O R A L L
• All applicants also cons id e re d for D AS /S pe cial
S cholarsh ips
• S lightly wid e r financial ne e d d e fin ition in som e case s
• E xam ple s :
• O utstand ing com m unity se rvice
• Te ach ing ch ild re n 0-5
• S cie nce , e ngine e ring, te chnology or m ath
• Te ach ing cre d e ntial
• Pare nts e m ploye d by Marin Re tire m e nt C om m unitie s , S F
Yacht C lub
• E xce ptions : C h ild C are , Marin C ounty Bar
Association, N e w Le ad e r S cholarsh ip
S C H O L A R S H IP + S U P P O R T
• C olle ge m atch ing
– S e le cting the right “fit”
– Full m ulti-ye ar p icture of cost and aid
• Le ve raging othe r scholarsh ips
– E nsuring that our s tud e nts acce ss as m uch fre e
aid as poss ible (on ave rage $1 5,000)
• Ne w stud e nt orie ntation (E arly August)
• Pe rs is te nce program s
– H e lp ing stud e nts continue thru the p ipe line
“ D O L L A R S F O R D E G R E E S ”
• Re com m e nd ations for S cholarsh ips
– S im ple and transpare nt
– Multi-ye ar and pre d ictable award s
– Watch “d isplace m e nt”
– C ons id e r ince ntive s for acad e m ic succe ss
• Re com m e nd ations for Non F inancial S upports
– Post e nrollm e nt - acad e m ic, social and financial
supports , includ ing availab ility of e m e rge ncy fund ing
– D e live r se rvice s proactive ly or m ake the m re qu ire d
– Ad apt program s to support com m unity colle ge s tud e nts
W H A T ’ S N E W
• C olle ge C om ple tion C oord inator
– O ffice hours at C O M, S RJC
– 1 0KD S cholars & Frie nd s at C O M
• C om m unity C olle ge Ince ntive Program
• Le ad e rsh ip C orps
• C olle ge S e t ID A program
• S um m e r Application Institute = = = = ???
• Re gional ass ignm e nts
U P C O M IN G D A T E S
• January/Fe bruary – C ash for C olle ge
• March 2 – D e ad line for S cholarsh ip Application
(h igh school s e niors and be yond )
• March 1 5 – D e ad line for S AI/1 0kd Institute
application (h igh school sophom ore s and juniors )
