1. Lesson 4, Paying for College
Kids2College
Lesson 4, Paying for College

2. Objectives:
Identify 3 ways that financial aid can help pay for post-secondary education
Identify basic financial terms
Identify opportunities for academic support and enrichment

3. Vocabulary
FAFSA
Financial Aid
Grant
Loan
Scholarship
Work-Study

4. Middle School: Your first step towards reaching your goals
It might sound like everything you need to do to get ready for college happens in high school. This isn’t the case! There are things you can do now in middle school to put yourself on track.

5. 6th grade Develop good study habits Attend school regularly
Do your homework
Keep talking to your parents
Make sure you know your learning style (how do you learn better, seeing, hearing doing)

6. 7th grade Participate in school activities Be active in clubs
Keep doing your homework
Talk to your counselor
Continue looking at careers
Review career information with parents
Talk with family and friends

7. 8th grade Continue to develop good study habits and organization
Take algebra
Keep up with your homework
Keep working hard
Talk with your counselor
Talk with your parents about classes and colleges you want to learn more about
Take time to look at $$$ and how you can help pay for post secondary schooling

8. Review
In addition to talking about learning styles, we talked about the academic factors that are important for getting into college.
Q: What were the three important things we should focus on?
Grades
Class Selections
Tests
Q: Name an opportunity that can help someone do better in their classes.

9. Opening Journal Turn to page 37 in your student handbook.
Please reflect on what you have learned during the previous lesson and start thinking about what you will be learning about today.

10. Paying for College What do you know about how much college costs?
How many of you are worried that college might be hard to pay for or too expensive?
There are four types of financial aid you should be aware of right now:
Grants
Scholarships
Work Study
Loans
Now turn to page 38

11. The money available to help me pay for college is called Financial Aid
Grants are financial aid awards that do not have to be repaid.
Scholarships are financial aid awards that are awarded based on achievements.
Work-Study is a program that allows students to work to earn money for their tuition. Students in this program have jobs on campus.
Loans are awards that have to be paid back.
In order to be eligible for financial aid, I need to fill out the FAFSA during my senior year.
Glossary
Financial Aid
Grants
Scholarships
Work-Study
Loans
FAFSA

12. Why picking the right classes is important
To be eligible for grants, loans, work -study and some scholarships, all students need to completed the Free Application for Federal Student Aid (FAFSA), which determines eligibility for financial aid. Students who do not complete FAFSA are not eligible for any federal aid, which includes grants, loans and work- study. In addition to many states, private loan companies, and some private organizations rely on the information FAFSA provides to make their financial aid decisions.

13. Alaska Performance Scholarships (APS)
Did you know there’s a scholarship for Alaska students?
Challenge yourself. Try focusing on classes that will better prepare you for your future. APS has either a Math and Science option or Social Studies and World Languages.
Keep your grades up and take the SAT/ACT. Higher GPAs and test scores will help you receive higher awards.
You qualify for APS if:
Are an Alaskan resident
Graduate from an Alaska High School
Have qualifying unmet costs of attendance.

14. Alaskadvantage Education
The AlaskAdvantage Education Grant provides need-based assistance to students. Grant awards typically range from $500 to $2,000 per academic year.

15. Calculating College Tuition Costs
Turn to page 39
How much would tuition cost you?
How much is that tuition per year, assuming it took you four years to finish?
If you earn the top APS award of $4,755 per year, and use it, what amount of your annual tuition costs would be left over to be paid from other sources?
Besides tuition, what might be other costs of attending college.

16. Calculating College Tuition Costs
Answers
How much would tuition cost you?
$19,200
How much is that tuition per year, assuming it took you four years to finish?
$4,800
If you earn the top APS award of $4,755 per year, and use it, what amount of your annual tuition costs would be left over to be paid from other sources?
$180
Besides tuition, what might be other costs of attending college.
Room and board, books

17. College Access Bingo
Test your Kids2College vocabulary. Get five squares in a row (either horizontally, vertically, or diagonal) and say BINGO!!

18. Catching up, Keeping Up and Getting Ahead
Today we talked resources available to help you and your family pay for college.
Financial aid is available from:
Federal Government
State Governments
Colleges and Universities
Talk with your parents about opening a savings account.

19. Go to https://kahoot.it/#/

20. Enter the Code below

21. Enter the Code below: New Game!

22. Closing discussion
Name one thing you learned today that you didn’t know before?
How can you apply what you learned about your learning style to the way that you study?
How do you think that the information we discussed today can help you on your career path?

23. Closing Journal
Go to page 41 Career Panel: Monday, March 20th, 2017 We will have pizza and snacks! 12:30-2:00 p.m.