Scholarships at Hamline and Beyond Katherine Hauschild and Adem Ojulu Financial Aid Seminar January 12, 2016
Overview • Timeline for senior year • Types of financial aid • Hamline Scholarship Opportunities – Merit Scholarships – Talent Scholarships
• Outside Scholarships • Tips from Current Students and College Counselors
Timeline for Senior Year
Hamline Merit-Based Hamline Talent Admission Decision Scholarships Scholarships
Jan-Feb March May 1 National Reply Date File the FAFSAAid Package Finalized
Outside scholarship deadlines will be intermixed throughout the year.
Types of Financial Aid • Scholarships
• Loans • Work-Study or Student Employment
Scholarships • You don’t have to pay them back • You can receive a scholarship through your college • You can receive scholarships through outside organizations • Some colleges ‘stack’ scholarships • NCAA rules prohibit athletic scholarships at Division 3 colleges
FAFSA • FAFSA (Free Application for Federal Student Aid) • FAFSA calculates EFC (Expected Family Contribution) and determines financial need
• Grants, loans, and work-study based on financial need • Uses previous year’s tax information
Grants • You don’t have to pay them back • Based on the FAFSA results/your financial need • Federal, State, or Institutional Grants may be available • You don’t have to be a U.S. citizen for state grants, you DO for federal grants
Loans • You have to pay these back • MAY accrue interest while you are in school • Federal - Direct Subsidized Loan • Federal - Direct Unsubsidized Loan • Federal - Parent PLUS Loan • Private loans • Loans may require a FAFSA application
Does the money have to be paid back?
Will I accumulate interest or fees on this?
Do I need a FAFSA application?
Hamline Scholarships: No Outside Scholarships: No
State: Yes Federal: Yes Private: No
Available for non-U.S. citizens?
Hamline: Yes Other schools: Varies
State: No Federal: No Private: Varies
Other states: Varies
Hamline Scholarships Merit Scholarships Merit Scholarships are awarded based upon your admission materials. These scholarships do not require a separate application. Scholarships range from $10,000 per year to $22,000 per year Talent Scholarships Talent Scholarships require a separate application. Additional departmental scholarships range from $1,500 per year to $5,000 per year (January 15 deadline).
Merit Scholarships Scholarships
Bishop Hamline Award
Hamline Heritage Award
Net Price Calculator
$3,000 for students in college readiness programs such as College Possible, Upward Bound, AVID, etc. $2,000 for children, grandchildren, and siblings of Hamline graduates
Talent Scholarships We offer scholarships in: • Art* • Art History* • Digital Media Arts* • Music • Physics* • Science* • Theatre Arts • Writing Music, Theatre Arts, and Digital Media Arts require auditions.
*requires a major in that subject
Robbins Leadership Award This scholarship is designed to support students who have earned the Eagle Scout rank or the Girl Scout Gold Award.
Fulford-Karp Physics Scholarship This scholarship is designed to support students who have a demonstrated interest and aptitude in physics. The scholarship requires a major in physics major. The scholarship is a full tuition scholarship.
Outside Scholarships • Students are also encouraged to apply for outside or private scholarships. Hamline does not reduce Hamline scholarship and grant dollars when a student receives outside or private scholarships (stackable).
• hamline.edu/outsidescholarships/ • fastweb.com • finaid.org • bigfuture.collegeboard.org/scholarship-search • internationalscholarships.com/ • scholarships.com/
Example of Scholarship Search Engine Results scholarships.com
fastweb.com •Creating a profile is quick (this took 5 mins) •Be as specific as possible! •Check back regularly for new scholarships
Outside Scholarship Examples Horatio Alger Minnesota Scholarship – October, annually The program provides financial assistance to students in the counties of Anoka, Carver, Dakota, Hennepin, Ramsey, Scott, and Washington in the State of Minnesota who have exhibited integrity and perseverance in overcoming personal adversity and who aspire to pursue higher education. Visit www.horatioalger.org/scholarships/program_minnesota.cfm for complete eligibility requirements. Award: $4,000 Coca-Cola Scholars Foundation, Inc. - October 31, annually This scholarship is open to high school seniors demonstrating leadership and academic achievement. Applicants must be a U.S. citizen or legal resident planning to attend an accredited university, and have a minimum G.P.A of 3.0 after their junior year of high school. Applications and additional information are available at www.coca-colascholars.org. Award: Varies
Finding Local Scholarships • Contact local organizations (Lions Clubs, Kiwanis, Rotary, etc.) •Visit your high school counselor •Ask your bank •Check with religious organizations
Finding Internet Scholarships • Only use free scholarship search engines • Don’t pay money to get money • Answer optional questions • Use other college and university websites to look for outside scholarships
Applying for Scholarships •Create a separate e-mail account
•Have someone proof your essays •Build a resume
•Be proud of your accomplishments!
Questions to Ask •Are your scholarships stackable? •Are your scholarships renewable? •What is required for the scholarship application? •What is required to maintain the scholarship?
Important Tips • Set reasonable goals and stick to them- set aside a reasonable amount of time every week. • Don’t ignore a scholarship because it seems like a small amount of money.
• Don’t stop looking for scholarships once college begins.