Finding Money for College 2012
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Transcript of Finding Money for College 2012
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Finding Money for College2012
South Carolina Commission on Higher
Education
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State Scholarships and GrantsHow do students earn it?How do students keep it?
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• Step 1 Complete Free Application for Federal Student Aid (FAFSA)
• Step 2 Document everything: file all copies of forms and communications
• Step 3 Be prompt in communications with colleges and agencies
Students - Make A Plan: Manage Time (Time = Money)
Do not assume you will not qualify
Do not rule out applying to a college because of costDo have a back-up plan
DO NOT pay an application fee to a scholarship search service or to file your FAFSA
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STATE SCHOLARSHIPS
Palmetto Fellows Scholarship LIFE Scholarship Scholarship Enhancements SC HOPE Scholarship Lottery Tuition Assistance (LTAP) SC Need-based Grant
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Initial Eligibility Requirements
1 •Must be a US citizen/legal permanent resident•Must be a South Carolina resident
2 •No felony convictions (exception is Lottery Tuition Assistance)•Not have any second or subsequent alcohol/drug misdemeanors
3 •Not in default of any state or federal loans•Enrolled in a degree-seeking program at an eligible SC institution
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Palmetto Fellows Initial Eligibility
Early Awards
• 1200 SAT (math & reading only) or 27 ACT
• 3.5 GPA on SC Uniform Grading Policy
• Rank in top 6% of sophomore or junior class
Final Awards
• 1200 SAT (math & reading only) or 27 ACT
• 3.5 GPA on SC Uniform Grading Policy
• Rank in top 6% of sophomore, junior, or senior class
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Palmetto Fellows ALTERNATE Eligibility
Not in the top 6%:
• 1400 SAT (math & reading only)/32 ACT
• 4.0 GPA on SC Uniform Grading Policy
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Palmetto Fellows Scholarship
Must be a SC resident at the time of initial college enrollment
Must attend an eligible four-year institution in South Carolina immediately upon high school graduation (Fall term)
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Palmetto Fellows Scholarship Student Responsibilities
Students must submit their signed Certification & Authorization or Declination Form to the Guidance Counselor as soon as possible
Recipients must submit Designation Form to the SC Commission on Higher Education.
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Palmetto Fellows Scholarship Application Deadlines
Early award recipients notified March 2012 by email
Late Application Period opens mid-April 2012 Late Award recipients notified the end of
July 2012 by email
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How Do I Keep My Palmetto Fellows Scholarship?
3.0 cumulative institutional
GPA(Cannot
transfer grades from other colleges)
Earn 30 credit hours each
academic year(fall, spring, and summer
terms)
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LIFE Scholarship
Eligibility at 2-year
institution:
• 3.0 GPA based on SC Uniform Grading Policy
Award:• Up to the cost of tuition• Maximum award cannot exceed $5,000• Up to four consecutive terms of eligibility
(excluding summers)
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LIFE Scholarship
Eligibility at 4-year
institution:
•Earn 2 out of 3:•3.0 GPA on SC Uniform Grading Policy; or•1100 SAT/24 ACT; or•Top 30% of graduating class
Award:• Up to $5,000 (not to exceed cost-of-
attendance)• Up to eight consecutive terms of
eligibility (excluding summers)
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“Facts of LIFE”
No application
process
Not required to
begin college
immediately after high
schoolMUST be a SC resident at the time
of high school
graduation AND initial
college enrollment
Can earn the
scholarship while in college
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“A Walk Through LIFE”Freshman Class of Fall 2011
By end of Summer
2012
3.0 LIFE GPA
30 credit hours
By end of Summer
2013
3.0 LIFE GPA
60 credit hours
By end of Summer
2014
3.0 LIFE GPA
90 credit hours
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LIFE GPA: Grades and Credit Hours
Dual Enrollment and college enrollment while in high school and/or prior to enrolling in college
Grades and credit hours earned at colleges and universities (in-state, out-of state, abroad)
Includes “F” and “D” Grades
Grades and credit hours earned while enrolled in college (including summer school)
LIFE GPA
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SC HOPE ScholarshipFreshman Scholarship
Eligibility: • 3.0 high school GPA based on SC Uniform Grading Policy
No application process – based on high school transcripts
Must be a SC resident at the time of high school graduation AND initial college enrollment
Must attend eligible 4-year SC institution;Freshman Only- 2 terms$2,800
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Eligibility: SC HOPE to LIFE
SC HOPE LIFE
After 1st year at an eligible SC four year college or university:•Earn 30 credit hours; and•3.0 LIFE GPA = LIFE Scholarship
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Scholarship Enhancements: LIFE and Palmetto Fellows Scholarships
Must declare major in
mathematics, science, or
health related field;
To be eligible for Enhancement, during the first year in college, student must earn 14 credit
hours in math/science or
combination; and
Must be a recipient of the LIFE or Palmetto
Fellows Scholarship to be
eligible to receive the
Enhancement.
www.che.sc.gov
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Mathematics, Science, or Health-related MajorsFourteen Credit Hour Requirement
All credit hours from an eligible institution
Dual Enrollment
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Palmetto Fellows or LIFE Scholarship Enhancements
Must attend an eligible SC
4-year college or university
Starts in second year
May receive maximum
$2500 (not to exceed cost
of attendance)
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Palmetto Fellows or LIFEScholarship Enhancements Awards
$6,7001st year (all Palmetto Fellows)
$5,0001st, 2nd , 3rd, 4th year
$10,0002nd , 3rd, 4th Year
$7,5002nd , 3rd, 4th year
Palmetto Fellows LIFE
Eligible Math, Science or
Health Majors
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Lottery Tuition Assistance Program (LTAP)
2-Year Eligible SC Institutions
CertificateDiplomaAssociate’s
Degree
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Lottery Tuition Assistance Program (LTAP)
File FAFSAeach academic year
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Lottery Tuition Assistance
Awarded to eligible students
enrolled in eligible 2-year
institutions Fall, Spring, and Summer terms
May attend part-time or full-time
Minimum number of credit hours per term:
6
Award amounts may vary each academic year
Amount adjusted based on other grants
applied to tuition costs
Award amounts for 2010-11 are $936 Full-time
or $78 per credit hour
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South Carolina Need-based Grant
SC Public Colleges and Universities
2-Year and 4-Year Eligible SC Public Institutions
US Citizen and SC Resident
Must be “needy” based on Title IV
Degree-seeking: diploma, certificate, associate’s degree, bachelor’s degree
Must file the FAFSA each academic
year
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SC Independent Colleges and Universities: South Carolina Higher Education Tuition Grants
Commission
101 Business Park Blvd. Suite 2100Columbia, SC 29203-9498
803-896-1120 (phone)803-896-1126 (fax)
www.sctuitiongrants.com
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South Carolina Need-based Grant
Maximum award amount
for eligible part-time
students is $1,250
Eligible SC foster care youth may
receive maximum plus
additional funding
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SC CAN GOThe SC CAN GO Campaign is an integrated marketing and advertising campaign
• Funded by the US Dept of Education: College Access Challenge Grant
•Promote a college-going culture in South Carolina and raise needed college access awareness throughout the state
•Encourage South Carolina students and families to take an active role in pursuing higher education
• Show South Carolina students and their families how to overcome perceived barriers
www.SCCANGO.org
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SC Commission on Higher Education
Contact Information: www.che.sc.gov
Dr. Karen Woodfaulk, Director of Student Services Office 803-737-2244, Email [email protected]
Elizabeth Caulder Palmetto Fellows, SC Need-based Grant & Lottery Tuition Assistance Program ManagerOffice 803-737-2262, Email [email protected]
Gerrick Hampton, LIFE, SC HOPE, and Residency Program Manager Office 803-734-4397, Email [email protected]
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Financial Aid and College Countdown00:00 12:00
Start – February MAY - Decision August- Enter College
1 2 3
CA B
Check your financial aid budget : www.fafsa.govCheck your eligibility status for State Scholarship/Grants
Make your decision by May 1st
Prepare for college immediately - Summer sessions? Work for extra money?
A
B
C