Scholarship Prep Institute Presented By: Jessica D. Johnson, Executive Director
About The Scholarship Academy The mission of The Scholarship Academy is to prove to low income/first generation high school students that college is a realistic possibility. Our aim is to increase the amount of non- federal financial aid “below average” students obtain by equipping them with the necessary tools to aggressively pursue viable scholarship options. The average college student carries an estimated $23,000 worth of student loan debt, which in many cases causes a student to leave school before graduating. TSA works to help students reduce debt by targeting Raised over $200,000 in Private Scholarships to go to three main components: Howard University, then literally wrote the book on • An increase in competition for limited scholarship resources, how to she was able to do it. • A lack of parental support and development of an early college funding strategy, and • The inability of students to address the gaps in their financial aid package over the course of their enrollment. www.scholarshipacademy.org Atlanta, GA inquiries@scholarshipacademy.org 470-355-1732
Financial Aid Simulation School Scholarship University of Georgia $5,000 Howard University $20,000 Xavier University $49,560
How Much Do You Know? What’s the average in -state cost of a 4-year public college tuition? A. $15,000 B. $ 5,171 C. $9,139 D. $22,500 0 A B C D www.scholarshipacademy.org Atlanta, GA inquiries@scholarshipacademy.org 470-355-1732
How Much Do You Know? What’s the maximum amount of the Federal Pell Grant? A. $4700 B. $5775 C. $9025 D. $6500 0 A B C D www.scholarshipacademy.org Atlanta, GA inquiries@scholarshipacademy.org 470-355-1732
How Much Do You Know? What’s the maximum amount you can receive in private scholarships? A. $50,000 B. Up to the Cost of Attendance C. There is no maximum D. $100,000 0 A B C D
By The Numbers…. What’s the average amount of time counselors typically spend ? A. 5 Hours Per Student B. 2 Hours Per Student C. 38 Minutes Per Student D. 90 Minutes Per Student 0 A B C D 7
By The Numbers…. . 7 out of 10 college dropouts said they had no scholarships or financial aid $35,000 student loan debt faced by the average college graduate $18,000 average cost of college tuition per year 38 minutes provided by the average guidance counselor to help students explore financial aid options We believe that every student deserves the right to pursue a debt-free degree.
The Good News! • More than $106.7B in financial aid are available to undergraduate students and their families. • 2/3 of all full-time undergraduate students receive grant aid. • In 2013, undergraduate students received an average of $13,730 in financial aid including $7,190 in grant aid and $4,900 in federal loans.* • Billions of dollars are awarded based on merit and achievement as well! *Source: http://trends.collegeboard.org/sites/default/files/student-aid-2013-full-report.pdf www.scholarshipacademy.org Atlanta, GA inquiries@scholarshipacademy.org 470-355-1732
The Power of Student Branding The All-Star Outstanding Academic Leader Achiever The The Talented Overcomer Tenth Community Service Guru www.scholarshipacademy.org Atlanta, GA inquiries@scholarshipacademy.org 470-355-1732
Where’s The Money??? www.scholarshipacademy.org Atlanta, GA inquiries@scholarshipacademy.org 770.391.9500
MEET BRYAN Bryan was in a jam. Although he had received a partial tuition scholarship from his school, he was struggling to cover the remaining tuition balance. His family rallied together to make sure that he was able to enroll in his dream school. There was only one small problem. His first day on campus, a letter from the financial aid office greeted him alerting him that he must pay off his $7500 balance before he could register for any classes or receive his dorm room keys. His mom applied for a Parent Plus Loan and was denied. What Would You Recommend?
Act Like An Advisor, Think Like A Scholarship Committee Research the Committee… Provide the Evidence … www.scholarshipacademy.org Atlanta, GA inquiries@scholarshipacademy.org 470-355-1732
Sneak Attack Learning Strategies Speed Pitches Peer-to-Peer Interviewing Imagery/Word Associations Essay Relay Competitions 14
Resources for Undocumented Students Hispanic Scholarship Fund MyDocumentedLife.org Hispanic Chamber of Commerce Community Associations Embassies 15
Virtual Scholarship Center www.scholarshipacademy.org Atlanta, GA inquiries@scholarshipacademy.org 470-355-1732
Collective Goal Setting 17
Team TSA Jessica Johnson, Executive Director Kenneth Williams, Dir. Of Business Development
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