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

 

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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/

 

 

 

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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

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GET $$$ for College 3/15/2014 at DC FAFSA/College Expo

Federal Student Aid (FSA) presents the FAFSA/College Expo on Saturday, March 15, 2014 from 10:00AM – 2:00PM at the University of the District of Columbia (near the Van Ness-UDC Metro)!  The event is part of the Washington, DC FAFSA Completion Initiative. This event will provide DC/MD/VA students and families with the opportunity to meet with various college representatives; receive assistance filing the FAFSA; and attend breakout sessions on topics such as scholarships, DC TAG and financial aid 101.

Students and families, REGISTER HERE.

http://bit.ly/fafsa-expo   SHARE!

Washington, DC FAFSA/COLLEGE EXPO March 15, 2014

 

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.

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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

 

Want to earn a million dollars more?

Going to College Can Increase Lifetime Earnings

Why should you go to college? While there are many potential benefits of a college experience, one of the most obvious and tangible reasons to attend college is what happens after graduation—in other words, how attending college affects a person’s career path and earning potential.

Using the measure of earning potential, the evidence is clear that college is a smart investment. Not only are people with a Bachelor’s Degree more likely to be employed, they also make more on average over a lifetime of working.

Higher Employment Rates

Pulled from data provided by the Bureau of Labor Statistics, the graph below illustrates how people with different levels of education have fared since the recession began in 2008. The top line represents a 9 percentage point increase in employment for people with college degrees. By contrast, the bottom line represents a 14 percent decrease in employment for those with less than a high school diploma. People with a high school diploma are 9 percent less likely to be employed now than in 2008.

Unemployment graph

Source: Bureau of Labor Statistics and the New York Times

Clearly, those with a college degree are faring better, even in a difficult economic environment. In fact, the New York Times reports that the unemployment rate for people with a college degree is only 3.9%, compared to 7.5% for the workforce as a whole. Split by education level, college graduates are the only group more likely to be employed in 2013 than they were in 2008.

Higher Lifetime Earnings

Not only are college graduates more likely to have jobs, they also make more on average over a lifetime of working, no matter the field that the graduate chooses after completing college. In 2012, the average full-time worker with a Bachelor’s Degree made 79% more than the average full-time worker with a high school degree. Even after factoring in the money lost while students are not working, the return on investment for a college degree is 15.2% annually, a rate five times higher than the returns on home ownership.

 lifetime earnings

 Source: Georgetown University Center on Education and the Workforce

This graph from a study of lifetime earnings done by the Georgetown University Center on Education and the Workforce illustrates the median lifetime earnings broken out by level of education attained. People with a Bachelor’s Degree earn about a million dollars more over a lifetime compared with those who have only completed a high school degree. While there is a large jump between the median amount earned by holders of Associate’s and Bachelor’s Degrees, even attending some college increases lifetime earnings. So yes, even if the upfront costs seem like too big a hurdle, a college choice that is smart both financially and personally is worth balanced borrowing.

Tools: Questions to Ask Colleges about Career Preparation

A key factor in choosing a best fit college for a student is the resources a college or university has for career exploration and preparedness. The following is a list of questions for families to ask as they begin exploring college choices:

  • Does the college have a career office? What internship, job shadowing, or other career preparation programs are available for students?
  • How does the university support preparation for my career interests? Work experiences aligned with a rigorous academic experience will best prepare you for career success.
  • Are there other resources available for conducting a job search, such as guidance on writing a resume or cover letter or perfecting interviewing skills?
  • What organizations and companies recruit on campus or participate in on-campus job fairs?
  • Does the college have a strong alumni network? Do alumni participate in career exploration programs through the college?
  • What do students do after graduation? What percentage were employed, versus pursuing further study, doing volunteer work, or joining the military? What are students doing one year, five years, and ten years after graduation?

Try this Experiment: Go to the sample Career Services sites below of schools that will attend the June 15th DCPS College Readiness Workshop. How many of the questions above you can answer using their website?

Amherst College Career Center

University of Florida Career Resource Center

North Carolina A&T Office of Career Services

University of Pennsylvania Career Services

Wellesley College Center for Work & Service

Have more questions about lifetime earnings of college graduates? Leave us a comment here or send us an email at dcpscollegereadiness@dc.gov.

Scholarship Highlights – May 10, 2013

Team DC Scholarship

June 1, 2013

Max Award: $2000

Student athletes who identify as lesbian, gay, bisexual, transgender and/or queer are eligible for the Team DC Scholarship.

Development Fund for Black Students in Science and Technology

June 15, 2013

Max Award: $2000, renewable for four years

African-American students majoring in or planning on majoring in a Science, Technology, Engineering, or Math (STEM) field are eligible for this scholarship. Students must be planning on attending one of a specified list of Historically Black Colleges/Universities in Fall 2013.

Herb Block Foundation Schoalarship

July 7, 2013

Max Award: $8000, renewable for two years

Residents of the DC area who are attending an area community college in Fall 2013 are eligible for the Herb Block Foundation Scholarship. Applicants must show financial need. The award is intended as a “last dollar” award to bridge the gap between what the student can pay and other financial aid already awarded.

Net Price vs. Sticker Price

Word of the WeekStack of quarters

Net price (n.) The full cost of attendance for a particular college, minus scholarships and grants awarded to a student. Cost of attendance includes tuition and fees, room and board, books, transportation, and other miscellaneous expenses. The net price for a college will be specific to each family because it is based both on a family’s financial situation and the financial aid policies of the college.

Why is Net Price Important?

As high school sophomores and juniors begin the college search and start to look at how much college can cost, some families might experience sticker shock. Many private four-year colleges have a listed price of over $40,000 yearly, and the cost of public state university increased a record 8.3% last year alone. Families may even find themselves saying, “Let’s cross this potential college off the list right now. There’s no point in even considering colleges we can’t afford.” However, it’s important to consider the difference between sticker price, the amount published on the university website, and net price.

Don’t Get Sticker Shock

While college is certainly an investment for most families, the costs published on a college’s website is not necessarily the amount a family will pay for a student to attend that college. Why? When a student applies for college, the student and family will also apply for financial aid using the Free Application for Federal Student Aid (FAFSA), the CSS College PROFILE, and/or other financial aid forms required by the college. A student may also apply for merit-based scholarships. For many families, theses financial aid awards will greatly reduce the cost of college. This is the difference between sticker price and net price. In fact, the College Board reports that while the average sticker price for public colleges is $8,660 annually, the average net price is only $2,910. For private colleges, the average sticker price is $29,060, but the average net price is less than half of that, at $13,380. For families making less than $30,000 per year, it can be much lower. An American Enterprise Institute study notes that a family in this category paid only $4,496 to attend Stanford University in California, which had a sticker price of $55,918 in 2011.

It is necessary to have an honest family conversation about what is affordable when it comes to financing college. But as students begin to build a list of prospective colleges, don’t eliminate schools because they look expensive. Depending on the financial situation of the family and the resources of the school, a college with a higher sticker price may actually end up being less expensive than a college with a lower published cost. More expensive colleges often have higher endowments, with more money to spend on student financial aid.

Calculator.pngTools: Net Price Calculators

Since 2011, all colleges and universities that receive money from the federal government must display a net price calculator on their website. Students and parents enter their financial situation (family information, income, assets, etc.) in the calculator. The data is used to calculate the grants and scholarships that will be offered to the family. Depending on the calculator, it may also include loans that are available as part of a financial aid package. Finally the calculator displays an estimated net price based on the information entered. While it is only an estimate and not a promise of financial aid, the net price calculator can be a useful tool to understand the amount of aid a college may award to a family. Make sure to put in the most accurate information possible when using a net price calculator—the information you receive is only as good as the information you enter. The net price calculator is usually located on the financial aid webpage of a college or university. See below for examples of net price calculators.

Examples of Net Price Calculators

Davidson College, Davidson, NC

Georgetown University, Washington, DC

Princeton University, Princeton, NJ

University of District of Columbia, Washington, DC

University of Wisconsin, Madison, WI

University of Virginia, Charlottesville, VA

Wellesley College, Wellesley, MA

Xavier University, New Orleans, LA

Colleges and Universities Using College Board Net Price Calculator

U.S. News and World Report Top 300 List of Net Price Calculators

Have questions? Leave us a comment or email us at dcpscollegereadiness@dc.gov