Paying for College: Where Am I Going to Get the

Money?

Monica ChengCareer Pathways Navigator

Seattle Goodwill

A Note on Admission Reqs.

Most colleges require a minimum distribution of courses:

• 4 years English (incl. Lit. and Composition)

• 3 years Math • 3 years Social Science • 2 years Lab Science • 2 yrs. Foreign Language (Must be same

lang.) • 1 year Fine, Visual and Performing Arts

You’ll Need to Pay For…

School Costs• Tuition• Fees (student activity,

ID card, computer, etc)• Books• Supplies/Equipment• Room/Board (Meal

Plan)• Transportation (if living

off campus)• Mandatory health

insurance• Fees for online classes

Personal Expenses• Food (eating out)• Phone• Car insurance (if

driving)• Gas (if driving)• Parking permit (driving)• Clothing• Entertainment• Credit Card• Laundry• Personal Hygiene• Gifts/miscellanous

How Much…?(‘09-’10 School Year, WA State Residents)

Seattle Central CC

• Tuition : $3,645• Fees: $205• Room & Board: $8,460

(off campus)• Books: $972• Other Expenses: $3,018

(transportation, supplies, etc.)

TOTAL: $16,300

University of Washington

• Tuition: $7,125• Fees: $567• Room & Board: $8,949

(on campus)• Books: $1,035 • Other Expenses: $2,315

TOTAL: $19,991

How Much…?(‘09-’10 School Year)

University of Washington(WA State Residents)

• Tuition: $7,125• Fees: $567• Room & Board: $8,949

(on campus)• Books: $1,035 • Other Expenses: $2,315

TOTAL: $19,9911

Seattle University

• Tuition:$29,340

• Fees: $495• Room & Board: $8,805

(on campus, dbl room)• Books: $1,440• Other Expenses: $3,858

TOTAL: $43,938

Activity: Where is Your $ Going?

You make ~$630/mo PT, or $1260 FTConsider:• How much your parents make• What you have to pay for (slide 3)

Financial Aid Basics

FAFSA: General Guidelines

• ALL grants, loans, work study, etc. is based on FAFSA!

• Apply ASAP after Jan 1• Check Student Aid Report (SAR) for

errors• Print & make copies of everything!

Financial Aid Websites

http://pin.ed.gov (FAFSA e-signature)http://www.fafsa.ed.gov (FAFSA online)http://www.fafsa4caster.ed.gov

(FAFSA4caster—financial aid estimator & next steps; info transfers to actual FAFSA)

http://www.federalstudentaid.ed.gov (financial aid info & help)

http://www.college.gov (interactive website on college—why go, how to go, how to pay; incl. info, videos, tools, college plan)

Funding Sources: Grants• Pell Grant: Federal grants for undergrad.

students. Range: $976-$5,350

• ACG: Academic Competitiveness Grant; for college freshmen and sophomores eligible for Pell Grants and who took "rigorous" classes in high school (i.e. AP, 4yrs Eng/Math/Sci + 2yrs lang). $750 (1st yr)-$1300 (2nd yr)

• FSEOG: The Federal Supplemental Educational Opportunity Grant. For undergraduate students with exceptional financial need. $200-$4000

Funding Sources: More Grants

• National SMART Grant: The National Science and Mathematics Access to Retain Talent Grant; for college jrs and srs majoring in math, technology, engineering, certain foreign languages, physical, life or computer sciences. Must have GPAs of at least 3.0 in majors. Range: Up to $4000

• TEACH Grant: Teacher Education Assistance for College and Higher Education Grant; students planning to teach in schools serving low-income students. Must teach for 4 yrs in approved school after grad. Up to $4000.

• Opportunity Grant: For students studying in approved, high demand prof-tech programs (CTCs; prog. differ by school). 45 credits, up to $3200 + $1000 for books

Other Financial Aid

• Work-Study: Provides PT jobs (mostly on-campus) for students with financial need to help pay for education. Up to 19 hrs/wk @ min. wage. Eligibility through FAFSA.

• Scholarships: Start with hs counselor’s office, college foundations, local orgs (e.g. Seattle Milk Fund, Gates Millennium United College Fund), hs career centers. Also: – http://www.collegesuccessfoundation.org

(sponsors 4 scholarships @ local colleges)– http://www.fastweb.com (long-shot, last

resort)

Quiz: Do You Know What it Takes?

http://www.knowhow2go.com/