1. COLLEGE INFORMATION NIGHT September 24, 2014 6:00pm

2. Agenda 6:00-6:30Mrs. Sward 6:30-7:00Mr. Michael Woods Vincennes University Ms. Tara Thomson Indiana State University Mr. Tim Hedrick Toyota/VU Advanced Manufacturing

3. What is ‘college’? 1 year certificate program (i.e. Heating, Ventilation, and Air Conditioning Technology HVAC @ Ivy Tech) 2 year Associate’s Degree (i.e. A.S. in Law Enforcement @ VU) 4 year Bachelor’s Degree (i.e. Business Administration with a minor in Forensic Accounting @ ISU) Apprenticeship Program (i.e. Electricians Apprenticeship Program in Evansville www.evvjatc.org)

4. What is ‘college’? The term ‘college’ is used collectively to mean any type of postsecondary training beyond high school.

5. Importance of Higher Education Why go to college?

6. Economic Impact for an Individual College Graduates Earn an extra $20,000 per year Earn more than $1 million more over their lifetime Experience ½ the unemployment risk Are more likely to live longer, experience better health, and to practice health-promoting behaviors

7. Economic Impact for Indiana College degree-holders represent a better prepared workforce that increases Indiana’s ability to attract outside investment, create jobs, and spur new innovation. As the state’s college graduates increase their standard of living, Indiana’s per capita income and tax revenues grow as well, paving the way for a higher standard of living for all Hoosiers.

8. Economic Impact for Indiana By 2018, 55% of jobs in Indiana will require a degree or certificate Indiana ranks 40 th nationally in higher education attainment and 41 st in personal per capita income. U.S. Census Bureau, 2010 Only 1/3 of Hoosier adults have more than a high school diploma.

9. Economic Impact for U.S. Given changing demographics, our country will not have enough skilled Americans to compete globally unless many more students graduate from college. - Complete College America www.completecollege.org

10. Who is the 21 st Century Indiana College Student?

11. The 21 st Century Indiana College Student:

12. We are taking too much time to graduate…. 1 out of every 10 students completes a 2-year degree on time. 3 out of every 10 students complete a 4-year degree on time. Less than a third of Indiana's four-year college students graduate on time and just over half graduate after six years. One additional year of college, on average, will cost students $50,000 in tuition, lost wages, and other costs.

13. We are taking too many credit hours Bachelor’s degree should require 120 credit hours to complete (30 hours/year X 4 years = 120). Average student in Indiana takes 138 credit hours to complete their Bachelor’s degree. Associate’s degree should require 60 credit hours to complete (30 hours/year X 2 years = 60). Average student in Indiana takes 93 credit hours to complete their Associate’s degree.

14. For too many students, the path through college ends with no degree and often lots of debt.

15. Solutions 15 to Finish! – Full time Indiana students are six times more likely to graduate with a four-year degree than part-time students Use your degree map – At Indiana public colleges, you get a degree map guarantee: If the course isn’t available to you when it is mapped, it is free! Students fresh out of high school are most likely to complete college. - www.completecollege.orgwww.completecollege.org

16. Food for Thought… “A two-year degree or less can actually place a student in a better position for employment and potential earnings. In 38 of Indiana’s 92 counties, those with a recent associate degree earn more than those with a recent bachelor’s degree.” Dr. Mary Ostrye, senior vice president and provost, Ivy Tech Community College

17. Cost of Higher Education in Indiana

18. Cost of Attendance in Indiana for 2014-2015 academic year IU$21,382Tuition/Fees, Room/Board, Books Purdue$20,032Tuition/Fees & Room/Board Ball State$17,804Tuition/Fees & Room/Board ISU$17,162Tuition/Fees & Room/Board USI$17,000Estimated cost for 2014-2015 VU$14,850 Estimated cost for 2014-2015 with housing Ivy Tech $3,859Tuition only (30 hours) UE$42, 656Typical annual cost for 2014-2015 18

19. Student Loan Debt in Indiana 66% of Indiana college graduates have college loan debt. Hoosier students borrowed an average of $27,000 to finance a college degree in 2010 - Reaching Higher, Achieving More, www.in.gov/chewww.in.gov/che Indiana has 3 rd highest student loan default rate in the country (www.theindychannel.com/news/education/former-college-students-drowning-in-loan-debt)

20. Student loan debt in Indiana (cont.) College loan debt is a growing crisis with direct consequences to Indiana's economic health. Graduates burdened with suffocating loan payments have less disposable income, and high school students ill-informed in the college planning process often unknowingly marry their future to debt. -Joseph Wood, President, ISM College Planning ‘Stemming the Tide of Student Loan Debt’, www.insideindianabusiness.com

21. What does this mean for students and families? Now more than ever, students must make sound decisions in choice of college, program of study, and how to finance their education Research colleges, majors, and careers (Campus visits, college websites, rep visits @ B-R, internship senior year, Twin Rivers programs, VU programs while in high school, job shadowing, talk with family and friends about college & careers, summer jobs)

22. CAMPUS VISITS (junior & senior years)

23. Campus visits Different types of visits – Large open houses/visit days – Individual visit How to set up a campus visit – Student/Parents responsibility to set up campus visit – Must have 2 forms from guidance office to be excused absence! What to see on a campus visit

24. Campus visits (cont.) What to see on a campus visit: Admissions Office Program of study (Business school, Health Sciences Dept., etc.) Financial Aid Office Attend a class, if possible Tour campus Eat on campus Visit a dorm Talk to current students Anything of special interest to you (Band, Athletics, Chorus, etc.)

25. Questions to ask on a campus visit: What are class sizes like? What is the graduation rate? What % of students graduate in four years? What academic or other support is offered, such as free tutoring, writing lab, etc.? Where are your graduates working and what are they earning?

26. Upcoming Campus Visits *more listed in the Guidance Newsletter USI Southern Hospitality Days – Oct. 4 & 18 th ; Nov. 8 th Pre VU Days – Oct. 17 & 18; Nov. 21 & 22 Sycamore Preview Days @ ISU – Oct. 13 & Nov. 11 UE Purple Friday – Nov. 14 th Open House – Nov. 1 st

27. APPLYING TO COLLEGE (Senior year)

28. Indiana Colleges 31 Private or Independent Colleges 7 Public University Systems More than 75 college campuses across Indiana

29. Applying to college Online is preferred Apply sooner rather than later E-transcripts BEWARE OF DEADLINES Complete application typically includes: – Application for Admission – HS Transcript – SAT/ACT Scores – Application Fee

30. SAT/ACT (Spring of junior year)

31. SAT/ACT Required by most 4 year schools Will want to check with 2 year, community college, or trade school (may not require) Must register (registration deadlines are posted in guidance office, senior newsletter, and on guidance webpage) Colleges recommend taking SAT or ACT the spring of your junior year SAT costs $52.50; ACT costs $54.50 Fee waivers available

32. Scholarships & Financial Aid

33. Types of Financial Aid Grants Scholarships EARN Indiana (a.k.a. Work-Study) Loans

34. Financial Aid in Indiana Over $280 million awarded in 2012-2013 to 80,000 students $30-35 million of non-need based aid awarded in 2012-2013 Student Performance Incentives in Indiana (i.e. Academic Honors, Associate Degree, Accelerated Schedule)

35. Grants Financial aid that you do not have to repay; typically awarded by state or federal government Need based & non-need based awards State grants = Frank O’Bannon Grant (maximum = $4,108 for public school) Federal grants = Pell Grant (maximum = $5,730)

36. Scholarships Financial aid that you do not have to repay - We LIKE these!! May be given for academic excellence (merit- based), financial need, career or major specific, distinction in a certain activity (sports or 4-H), or affiliation with a religious, civic, or school organization. May be one-time award or renewable each year ***Many are only awarded to incoming freshman

37. Scholarships (cont.) Barr-Reeve recipients for 2013-2014 Many academic or merit-based scholarships are determined at the time of application Some colleges may require a separate application to be considered for scholarships (i.e. VU, Ivy Tech)

38. Merit-based scholarship examples Indiana State University Academic Excellence Scholarship Award:$4,000 per year School:Indiana State University, Terre Haute Major:Any Criteria:Students must be admitted to ISU by Dec. 1 st and meet two of the following three criteria: 3.75 GPA and/or 1200SAT/26ACT and/or top 10% of graduating class. Deadline:Students must be admitted to ISU by Dec. 1 st Vincenness University Academic/Technical Honors Diploma Scholarship Award:$1,250 per year for four semesters School:Vincennes University Major:Any Criteria:Must be a recipient of the Indiana Academic Honors or Technical Honors diploma; Must fill out VU scholarship application Deadline:January 15, 2015

39. Merit-based scholarship examples (cont.) Purdue Presidential Scholarship Award:$4,000-$8,000 per year School:Purdue University Major:Any Criteria:High academic achievement; demonstrated experience in leadership, service, and/or school or community activity Deadline:Nov. 1 st (firm) IUPUI Chancellor’s Scholarship Award:$8,000 per year for four years School:IUPUI Major:Any Criteria:Must have applied by Dec. 1 st to IUPUI and have a minimum 3.75 GPA with a minimum 1250 SAT or 28 ACT *Not available for spring entry students Deadline:Apply to IUPUI by Dec. 1 st.

40. E.A.R.N Employment Aid Readiness Network Replaces the work-study program Gives students with financial need access to resume building, experiential, paid positions Provides employers up to 50% wage match for hiring EARN students

41. Loans Borrowed money, must be paid back…WITH INTEREST!! Many types of loans Some are federally regulated, some offered by private companies Loan payments typically start 6 months after graduation; repayment period of 10 years

42. How to apply for financial aid: FILL OUT YOUR FAFSA EACH YEAR!! FAFSA = Free Application for Federal Student Aid

43. How to apply for financial aid (cont.) FAFSA must be received by Federal Processor by March 10 th of each year FAFSA will be available after Jan. 1, 2015 @ www.fafsa.ed.gov Attend Financial Aid Night in January 2015 Contact Financial Aid Office at your university for university-specific forms or financial aid applications. Most colleges will offer ‘Early Aid Estimator’

44. How to apply for scholarships Where do I look for scholarships? – College’s website – Guidance newsletters each month; B-R website – Church, local organizations, parents’ employers – Search internet www.fastweb.com www.collegeboard.org/scholarships Never pay $ for scholarship DEADLINES! – IU – NOV. 1 ST – PURDUE – NOV. 1 st – VU – JAN. 15 TH

45. Guidance top ten Read Directions TAKE COLLEGE VISITS!! READ GUIDANCE NEWSLETTERS!! Apply early senior year (August – October) Register with e-transcripts File your FAFSA! Apply for scholarships – don’t sell yourself short! Check email regularly Stay organized: calendar, folder, etc. Enjoy this time as a family

46. *Resources* Text Alerts - The Indiana Youth Institute will send you text reminders each month with helpful tips, deadline reminders, and encouragement for college & career planning. Text ‘Grad’ plus your high school graduation year (i.e. grad2015, for example) to 69979. Visit www.triptocollege.orgwww.triptocollege.org www.hoosierhot50.com – Hot Jobs in Indiana www.hoosierhot50.com Indiana Commission for Higher Education: Twitter.com/HigherEdIN or facebook.com/IndianaCHE www.in.gov/che www.in.gov/che Complete College America – www.completecollege.orgwww.completecollege.org Indiana College Costs Estimator – can complete now to estimate costs @ www.indianacollegecosts.orgwww.indianacollegecosts.org E-transcripts www.parchment.comwww.parchment.com Division of Student Financial Aid - www.in.gov/sfawww.in.gov/sfa FAFSA – www.fafsa.ed.govwww.fafsa.ed.gov www.15tofinishindiana.org

47. Questions?