you must complete your chicago scholars application (including requesting your letters of...

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Announcements: Upcoming College Visits: - DePaul College Trip this Friday! Sign up on the college board (students must have a 2.5 gpa) - University of Illinois- Springfield College Visit on Saturday, 1/28 (tell Ms. Mikolich/Mr. Allen if you are interested)

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Page 1: You must complete your Chicago Scholars application (including requesting your letters of recommendation) by Tuesday, January 17 th

Announcements:

Upcoming College Visits:- DePaul College Trip this Friday! Sign

up on the college board (students must have a 2.5 gpa)

- University of Illinois- Springfield College Visit on Saturday, 1/28 (tell Ms. Mikolich/Mr. Allen if you are interested)

Page 2: You must complete your Chicago Scholars application (including requesting your letters of recommendation) by Tuesday, January 17 th

*Chicago Scholars

Application

You must complete your Chicago Scholars application (including requesting your letters of recommendation)

by Tuesday, January 17th.

Page 3: You must complete your Chicago Scholars application (including requesting your letters of recommendation) by Tuesday, January 17 th

*Do Now

What do you think the definitions of the following terms are? Write in complete sentences.

1. Estimated Family Contribution (EFC)2. Unmet Need

Page 4: You must complete your Chicago Scholars application (including requesting your letters of recommendation) by Tuesday, January 17 th

*Sample EFC Calculator

*Go to the website:

www.edulaunchpad.com

*Click on Search Colleges

*Then click on Tools and Calculators

*Then click on EFC Estimator

Page 5: You must complete your Chicago Scholars application (including requesting your letters of recommendation) by Tuesday, January 17 th

*Unmet Need= Direct Cost-Gift $- EFC

Out of Pocket+ Loans +Work-

Study Scholarships and Grants

For this example:Direct Cost= $40,000EFC= $140

Page 6: You must complete your Chicago Scholars application (including requesting your letters of recommendation) by Tuesday, January 17 th

*Look at Award Letters

1. Determine the Unmet Need for each offer

2. Determine the Out-of-Pocket expense for attending each school