• In-depth instruction of vehicle systems • Prepares students for ASE certifications • Labs associated with every course • Real customer experiences • Parts ordering experience • Familiarity with service software and manufacturer tools • Acquisition of personal tools (most service jobs require you to have your own tools) • Lower tuition costs compared to other schools
IT ITEM COST (p (per sem semester) LDS Tuition $1,875 Fees $100 Books and Supplies (not tools) $500 Personal Expenses $500 - $1,150 Room $750 - $1,400 Food $600 - $1,000 Tools $500 - $1,500 (Automotive specific - excluding tool box) TOTAL $4,8 $4,825 - $7,5 $7,525 Oth Other Tui uition Op Optio ions Co Cost LDS Tuition (< 12 credits) $156 per credit hour LDS Tuition (12 or more credits) $1,875 per semester Non-LDS Tuition (Less than 12 credits) $312 per credit hour Non-LDS Tuition (12 or more credits) $3,750 per semester
Decide now to control your money Keep the mindset that you are paying for education because education is a priority in your life, instead of the mindset that it is robbing you of your money because you have to go (because you don’t). The following are priorities that can also be financial burdens if they are not controlled: • Tuition • Housing • Food • Tools • Insurance • Gas/Transportation • Books • Vehicle Payments • Phone Payments If one of these is taking over the most important things (a.k.a. “needs”), find a way to cut the fat (a.k.a. “wants”). For example, there is no reason why vehicle payments should make the top of a college student budget. Downgrade that vehicle for now!
• Federal Grants • Scholarships • Student Loans • Work • Family
fafsa.ed.gov • Federal Grants • Scholarships • Student Loans fafsa.ed.gov • Work • Family
fafsa.ed.gov Used to determine how much federal aid you can receive: • Pell Grants • Federal Student Loans • Must apply every school year The school will also use your FAFSA application information to determine your financial “need” • Federal Grants • Scholarships • Student Loans fafsa.ed.gov studentaid.ed.gov/eligibility/basic-criteria • Work byui.edu/financial-aid/aid-available/campus-students • Family
• “Need” based scholarship application • Required for all BYU-I scholarships (except Talent and Leadership Scholarships) • Like most all scholarships, reapply every year • Federal Grants • Scholarships • Student Loans byui.edu/financial-aid • Work • Family
• Federal Grants • Scholarships • Student Loans byui.edu/financial-aid • Work • Family
• Federal Grants • Scholarships • Student Loans byui.edu/financial-aid • Work • Family
• Federal Grants • Scholarships • Student Loans byui.edu/financial-aid • Work • Family
AutomotiveScholarships.com SEMA.org/Scholarships • Federal Grants AutomotiveHallofFame.org/Education/Scholarships • Scholarships • Student Loans BuickAchievers.com • Work • Family
• FastWeb.com • CollegeNet.com • Scholarships4Students.com • BigFuture.CollegeBoard.org • International scholarships also available online! • Do you have a parent whose employment offers scholarships to dependents? • Federal Grants • Scholarships • Can you think of a big (or small) company that is willing to • Student Loans invest in education? • Work • Family
• Don’t forget deadlines! • Maintain eligibility (GPA, minimum credits, etc.) • Learn about the company • What do they look for? • What ideas do they represent? • How can you appeal to them? • Demonstrate need • Be confident • Federal Grants • Express gratitude • Scholarships • Student Loans • International scholarships also available online! • Work • Family
• Amount determined by need (FAFSA) • Subsidized and Unsubsidized Loans • Use as a last resort ONLY • Pay attention to terms and conditions • The only way to get rid of student loans is to pay them off! Not even bankruptcy will rid you of these debts! • Federal Grants • Scholarships • Student Loans • Work • Family
• Idaho resident students are eligible • Funded by the State of Idaho • Coordinated through BYU-Idaho • Choose a job that is related to your degree • Less than 20 hours per week • Learn more at: byui.edu/financial-aid/aid-available/campus-students • Federal Grants • Scholarships • Student Loans • Work • Family
Money might be tight during school. Be willing to stretch yourself a little more and take on a part time job if necessary. There are many employment opportunities available on campus and in the community. If health permits, donating plasma can easily pay for a month’s worth of groceries. Remember that your part-time job might not be ideal, but every little bit helps. Don’t be picky about what you want to do; otherwise you might not find a job at all! • Federal Grants Even though it is a part-time job, remember who you represent and NEVER • Scholarships burn bridges. • Student Loans • Work • Family
Take your Off-Track seriously! Use it to make the money you need to return to school, a five month off-track is a huge blessing that is not found at other universities. Do well at any job you acquire so that you can have a place to return to, if necessary, every year (other than off-track semesters that will be used for internships). Most (if not all) Automotive internships are paid. • Federal Grants • Scholarships • Student Loans • Work • Family
This is a convenience that some parents feel they would like to provide for their children. Be grateful to them if they provide financial support and avoid feelings of entitlement. Other relatives (grandparents, extended family) might also be interested in helping. • Federal Grants It is good counsel to avoid accepting “family loans”. Though not always, • Scholarships these can often end in severed family relationships. • Student Loans • Work • Family
There are many ways to get through your degree without going into debt. Student loans are always optional. There are millions of dollars that remain unclaimed every year because students don’t apply for the scholarships that are available. Attending Brigham Young University-Idaho is affordable and truly a blessing. Remember to: • Recognize the cost of education • Tools are expensive, but important • Be willing to go out of your comfort zone • Apply for as many scholarships as possible • Avoid student loans at all costs! • Federal Grants • Remember deadlines • Scholarships • Student Loans • Review parts of this presentation that stood out to you and explore the links • Work that were provided. • Family
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