DCPS Scholarship Highlights – April 7, 2014

DCPS Scholarship Guide Image

DC metro-area companies and organizations are seeking dynamic students across the GPA spectrum who plan to access and graduate college.  Every Friday (and some other days as well), the DCPS College Readiness Initiative will share scholarship opportunities from organizations seeking DCPS scholars to award scholarships, resources, and/or mentorship to support their college matriculation and graduation plans.   Students and families should consult their school counselor to learn how to access comprehensive scholarship information through the school’s Naviance account and learn about other scholarship resources (e.g., C3N, Fastweb and UNCF).

pearl and ivy educational foundation

Pearl and Ivy Educational Foundation, Inc.

Application Deadline: April 14, 2014

The Pearl and Ivy Educational Foundation, Inc. (PIEF) awards scholarships to graduating high school students each year.   Since 1988 PIEF has provided scholarships to District of Columbia Public Schools and District of Columbia Public Charter School students who excelled academically OR demonstrated a strong desire to continue their education, but faced financial challenges.  PIEF awarded 18 scholarships totaling $25,000 in 2013.   Students may access the scholarship application and learn more about Pearl and Ivy Educational Foundation, Inc at http://pearlandivy.org/scholarship-application/

National Capital Environmental Scholarship Program

Application Deadline: April 14, 2014 

 The Federal Water Quality Association (FWQA) is seeking young women and men preparing for careers in environmental protection to apply for this year’s awarded scholarships.   Those eligible to apply forFWQA scholarships are Washington area graduating high school seniors who have immediate plans to attend a four-year undergraduate program leading o a bachelor’s degree in the environmental sciences or engineering (Acceptable fields of study: biology, environmental sciences, environmental engineering, chemistry, civil engineering, chemical engineering, natural resource planning or other environmental areas presented for consideration).   To learn more and access the 2014 National Capital Environmental Scholarship Program visit http://www.fwqa-dc.org/scholarships.php

DC Pearls III Foundation Scholarships

Application Deadline: April 14, 2014

Alpha Kappa Alpha Sorority, Inc, Rho Mu Omega Chapter, in conjunction with DC Pearls III Foundation awards the following scholarships to graduating seniors from a District of Columbia High School:  1) A minimum of four General Scholarships ($2,000 each); 2) One Barbara P. Davis Scholarship in Education ($500 minimum); 3) One Angela Ducker Richardson Memorial Scholarship in Health and Science ($1,000 minimum).     If you have additional questions, please contact the Scholarship Chair, via email at scholarship@rhomuomega.org.  To access the scholarship application and learn more about other programs offered by the organization  visit http://rhomuomega.org/scholarship.htm

 

Walking_Role_Models_NB_Main_Banner

Michael J. Gilbert Scholarship Program

Application Deadline: April 19, 2014 

Iota Phi Theta Fraternity Beta Omega Alumni Chapter  awards the Michael J. Gilbert Scholarship to graduating seniors from a metropolitan Washington area  high school who has been accepted to a 2 or 4 year college, university, trade school or certificate program for SY 2014-2015.   Applicants must submit all attachments with their completed application and will be scored based on four (4) categories: documented financial need, essay question, letter of recommendation, and high school transcript.  You may access the scholarship application here:    2014 Michael J Gilbert Scholarship Application

2014 Ket Doan Scholarship

Application Deadline: April 25, 2014 

Ket Doan is a community based nonprofit organization established in 2002 to meet the needs of young Vietnamese American professionals and to address issues that affect their everyday lives.  Ket Doan Association will award a $1000 scholarship to an outstanding Vietnamese American high school senior who demonstrates high academic merit and exhibits great passion towards community service.  You may learn more about the scholarship at www.ketdoan.org and you can download the application here:        2014 Ket Doan Scholarship

 

ALERT!!!  CLASS OF 2015 SCHOLARSHIP!   CLASS OF 2015 SCHOLARSHIP ALERT!!! 

 

Nordstrom Scholarship

 

Nordstrom Scholarship Program

Application Deadline: May 1, 2014 

Nordstrom Scholarship Program recognizes high school juniors from across the country for exceptional scholastic achievement and community involvement.  Students should have at least a 2.7 GPA and be involved in community service or extracurricular activities.  Students may receive a $10,000 scholarship.   Students may learn more about the scholarship and access the scholarship application at https://nordstrom.scholarsapply.org/

 

 

 

Loan post

 

 

DCPS Scholarship Highlights – March 14, 2014

DCPS Scholarship Guide Image

DC metro-area companies and organizations are seeking dynamic students across the GPA spectrum who plan to access and graduate college.  Every Friday (and some other days as well), the DCPS College Readiness Initiative will share scholarship opportunities from organizations seeking DCPS scholars to award scholarships, resources, and/or mentorship to support their college matriculation and graduation plans.   Students and families should consult their school counselor to learn how to access comprehensive scholarship information through the school’s Naviance account and learn about other scholarship resources (e.g., C3N, Fastweb and UNCF).

Presbyterian Men of Redeemer Scholarship Fund

Application Deadline: March 31, 2014

The Presbyterian Men of Redeemer (PMOR) Scholarship Fund seeks African-American high school seniors or graduates continuing their post-secondary education (4-year, community college, or technical).  The fund awards a minimum of $500 to over $1,000.  Contact Church of the Redeemer, Presbyterian at 202-831-0095 or redeemerpresbyterian@verizon.net for more information.  The scholarship is available at this link   2014 PMOR Scholarship Fund Application

Absalom Jones Scholarship Fund 

Application Deadline: April 4, 2014

The Rev. Absalom Jones (1746-1818)  was born a slave in Delaware.  He eventually purchased freedom for himself and his wife, taught himself to read, founded an insurance society for Blacks and nursed yellow fever victims during an epidemic in his hometown of Philadelphia.  He was ordained a priest in the Episcopal Church 1802, becoming the first African-American priest in the Episcopal Church.  Students who have demonstrated the qualities exemplified by the Rev. Absalom Jones such as compassion, leadership, service, and interest in education are encouraged to apply.  For more information they may contact the Scholarship Fund Committee at (301) 776-5151 or absalomjonesfund@stphilipslaurel.org.  Access the scholarship application here and more information at http://www.stphilipslaurel.org.

ASBC Foundation Scholarship image

Alfred Street Baptist Church (ASBC) Foundation Scholarship

Application Deadline: April 11, 2014

The Alfred Street Baptist Church (ASBC) Foundation Scholarship will award two 4 year scholarships – $5,000 per year up to 4 years for a total of $20,000 each and one-year awards ranging from $1000 to $25,0000.  Prospective scholars should have maintained solid academic records with a  2.75 or above GPA and combined SAT scores (critical reading, math, writing) of 1400 or above or a composite ACT score of 19 or above.   Seniors learn more about the scholarship and apply by visiting  http://www.alfredstreet.org/foundation-scholarship.htm

DC Leadership 1000 Scholarship

Application Deadline: April 7, 2014 

The College Success Foundation (CSF) – DC Leadership 1000 Scholarship is a scholarship program funded by individuals, foundations, or businesses and provides four-year scholarships to deserving students from Washington DC who need assistance attending college. The scholarship is targeted to high school seniors with a 2.75 GPA planning or already pursuing a four-year undergraduate degree.  Student must be Pell Grant eligible as determined by FAFSA  and must attend a District of Columbia Public School or District of Columbia Public Charter High School.  College Success Foundation also supports the WRCF $25,000 Scholarship.  To learn more and access the DC Leadership 1000 application visit http://www.dccollegesuccessfoundation.org/dc/students/dcleadership1000/eligibility

Loan post

DCPS Scholarship Highlights – March 7, 2014

DCPS Scholarship Guide Image

DC metro-area companies and organizations are seeking dynamic students across the GPA spectrum who plan to access and graduate college.  Every Friday (and some other days as well), the DCPS College Readiness Initiative will share scholarship opportunities from organizations seeking DCPS scholars to award scholarships, resources, and/or mentorship to support their college matriculation and graduation plans.   Students and families should consult their school counselor to learn how to access comprehensive scholarship information through the school’s Naviance account and learn about other scholarship resources (e.g., C3NFastweb and UNCF).

Washington DC Alumnae Chapter of Delta Sigma Theta Sorority, Inc. Presents WDCAC 2014 Scholarship Program

Application Deadline: March 15, 2014

The Washington DC Alumnae Chapter (WDCAC) of Delta Sigma Theta Sorority, Incorporated annual scholarship program recognizes graduating public, private, charter and parochial high school students from Washington, D.C. who display academic excellence, community service, leadership skills, and/or financial need, and who choose to attend an institution of higher learning.  Students receive scholarships ranging from $500 to $3,000 and trunk scholarships which consist of items such as towels, sheets, iron, alarm clock, and toiletries that students will need when they begin college.  For questions regarding the WDCAC Scholarship Program please email scholarship@wdcac.org

Jack Kent Cooke Foundation Young Scholars Program Seeks High-Performing 7th Graders

Application Deadline: March 20, 2014

The Jack Kent Cooke Foundation (JKCF) seeks high-performing 7th graders with financial need for its Young Scholars Program. Selected students receive an on-staff educational adviser and services, which may include help planning a suitable academic course load, summer academic and enrichment program opportunities, study-abroad and community-service opportunities, lessons to develop music, art, or other talents, college and career counseling, and the opportunity to network with the larger JKCF Scholar community. If you know any students who stand out for their exceptional academic abilities and achievements, persistence, and desire to help others, please encourage them to visit the Jack Kent Cooke Foundation’s website to learn more.

coin dollar cartoon

Washington Redskins Charitable Foundation $25,000 Scholarship

Application Deadline: April 7, 2014 

The Washington Redskins Charitable Foundation (WRCF) online submission is now open for the WRCF $25,000 college scholarship. The 2014 scholarship marks the sixth consecutive year WRCF is helping send a student in need to college.  Administered by the D.C. College Success Foundation, the WRCF scholarship will provide one local, deserving, high-potential and low-income public high school senior with a college scholarship disbursed in up to $5,000 increments annually for five years.  Seniors attending a Washington, D.C. or Prince George’s County, Md. public high school may apply for the scholarship by visiting http://www.dccollegesuccessfoundation.org/dc/scholarships/dc-l1000-scholarship and selecting “Apply Now.”

Council of Great City Schools ExxonMobil Bernard Harris Math and Science Scholarships

Application Deadline: April 7, 2014 

Named for the first African-American to walk in space, ExxonMobil Bernard Harris Math and Science Scholarships are available to 2014 graduating high school seniors in school districts represented by the Council of the Great City Schools. Four scholarships for two males and two females — $5,000 each — will be awarded to two African-American and two Hispanic students on behalf of the former NASA astronaut, physician and businessman, Dr. Bernard Harris.  For students to apply, they should click here or access the Council’s website at www.cgcs.org.


ExxonMobil BHMS Scholarship Dream_San-Diego0371

 

It’s Financial Aid Friday

Every Friday, we will be discussing all things financial aid – how to find, apply for, and earn dollars for college; how to know a great financial aid offer from a good (or not so good) one; and how to prepare early to finance college. This week, we honor recently accepted high school seniors attempting to decode financial aid award letters they’ve received from colleges and universities.

Financial Aid Word of the Week

Award letter (n.) A letter received after you are accepted to a college/university that spells out what is included in the financial aid package from that college. Financial aid packages often include multiple sources of financial aid (grants, loans, work study) that are intended to bridge the cost between what you have to pay out-of-pocket and the total cost of the college.

Decoding a Financial Aid Award Letter

Whether it’s called the Candidate Reply Date, Common Reply Date, or Universal Reply Date, May 1st is the designated date that many colleges and universities have agreed on as the deadline for admitted students to give notification of their enrollment decision.   Less than a week from today seniors will make a final decision about where they will attend college.  While it’s important to choose a college wisely based on location, size, and academic program, families should also evaluate which school would be their “financial best fit” college. Some of the letters you and your family are receiving from colleges may look very different from one another, even though you submitted the same financial information when you applied. How do you know what you’re really getting from each college?

Five Basic Questions

As you review your financial aid award letters from each college, you should be able to answer these five questions:

  • What is the total cost (including housing and meals, fees, books, travel, and miscellaneous expenses) for one year at this college?
  • How much grant or scholarship aid (i.e. free money, no repayment needed) did the student get?
  • How much does your family have to pay for the first year? (Includes taking out a loan, working, or using savings.)
  • What are the options for paying the amount your family owes? Are those options realistic for your family’s financial reality? (For example, using a Parent PLUS Loan.)
  • What are your next steps? (Who should you call with questions or an appeal for more aid? What forms have to be submitted by what deadline?)

If the award letter doesn’t answer some of these questions, call the college’s financial aid office and ask to speak to a financial aid counselor directly. Never hesitate to speak with the admission and/or financial aid office at your prospective college or university.

(Questions thanks to FinancialAidLetter.com)

Financial Aid Tools

Award Letter Comparison

To help you compare financial aid awards, here are some online comparison tools that will help you evaluate the “financial best fit” college:

FinAid.org Award Comparison Letter Tool

BigFuture.org College Board Comparison Tool

College Abacus Shopping Sheet

Loan Calculators

A loan calculator helps you understand what your monthly payments will be for each loan you’ve received, and how much you may need to make once you graduate in order to afford monthly payments.

ECMC Loan Calculator

FinAid.org Loan Calculator

Federal Student Aid Loan Repayment Comparison Calculator

Examples of Financial Aid Award Letters

Experts look at real financial aid award letters (from 2007-2008), “decode” them, and give them a grade for clarity. Learn what to watch for while reviewing your own financial aid award letters.

Graduation Rate

You may also want to take a few minutes to review the retention and graduation rates of your prospective colleges and universities. A lower graduation rate may indicate other challenges that exist at the college or university that would require you to ask additional questions.

College Results Online

College Navigator

What Else to Consider

What does the college/university include in the cost of attendance?

Consider tuition, fees, room and board, travel expenses, books and lab fees, and miscellaneous expenses—like pizza with friends or laundry detergent. If the award letter doesn’t budget amounts for these categories, you should add them into your personal calculations.

Does this award meet 100% of my demonstrated need?

When you filled out the FAFSA, your family received a number called the Expected Family Contribution (EFC). The EFC is the amount calculated that your family can afford to pay out of pocket for college expenses yearly. Colleges base their financial aid calculations on the EFC of each family. However, some colleges may not be able to award you enough financial aid to meet your entire “need,” or the amount between the EFC and the cost of attendance. Make sure that if the financial aid award and your EFC do not add up to the total cost of attendance (don’t forget books, travel, and miscellaneous expenses!) your family has a serious conversation about how to finance the remaining cost.

Can I renew merit scholarships?

Some colleges will award more grant money (i.e. free money) in freshman year. Before assuming that you will receive the same amount of grant aid yearly, ask the college whether you will be able to renew those awards. Be aware if the scholarship requires you to maintain a high GPA or is an enrollment or first year-only award.

What is the graduation rate of this college/university?

A college will be more expensive if you take more than four years to complete your degree (or two years for community colleges). Colleges with a higher graduation rate will be more likely to assist you in graduating on time thus reducing the amount of money you have to borrow or pay.

Have More Questions?

Call the financial aid office at your prospective college or university. You may leave us a comment here or call us: the College Readiness Initiative at DCPS at dcpscollegereadiness@dc.gov.