Scholarships by the Numbers

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Scholarships by the Numbers College Access: Why use the College Cost Estimator*? 1 COMMUNITY FOUNDATION OF GRANT COUNTY SCHOLARSHIPS BY THE NUMBERS P RESENTED BY D AWN B ROWN E XECUTIVE D IRECTOR C OMMUNITY F OUNDATION OF G RANT C OUNTY , I NDIANA , I NC. [email protected] ~ WWW.GIVETOGRANT.ORG ~ 765 - 662- 0 0 6 5 *HTTPS://WWW.INDIANACOLLEGECOSTS.ORG What is a Scholarship? 2 A scholarship is tax-free if: 1. Awarded to a candidate for a degree at an eligible educational institution, and 2. Used to pay qualified education expenses. IRS Publication 970, “Tax Benefits for Education”. IRS Publication 525, “Taxable and Nontaxable Income”. What is a Scholarship? 3 Qualified Educational Expenses (Tax-Free; no 1099 needed) Tuition and fees required to enroll at or attend an eligible educational institution, and Course-related expenses, such as fees, books, supplies and equipment that are required for the courses at the eligible educational institution. These items must be required of all students in the course of instruction. What is a Scholarship? 4 Non-Qualified Expenses (Taxable Income; 1099 needed) Room and board Scholarship Travel Research Clerical help Equipment and other expenses that are not required for enrollment in or attendance at an eligible educational institution. Scholarship Considerations 5 21st Century Scholarships Purdue Promise & IU Covenant Scholarships State and Federal Scholarships (not loans) Tuition Waivers (Scholarships available if parents work at the student’s college of choice or potentially a sister college.) 21st Century Scholarship 6 21st Century Total Available 21st Century/ Public Purdue Promise & IWU or Taylor BEFORE 21st Century Scholar Federal Pell Grant State Grant IU Covenant Tuition Waiver CF Scholarships Yes $5,550 $4,324 $0 $0 $9,974 NEEDED— Ivy Tech Tuition - $4,324 Books - $1,000 TOTAL SCHOLARSHIP NEED $5,324 Purdue Promise & IU Covenant 7 Programs developed to supplement 21st Century Scholar costs outside of tuition, which is already covered by the 21st Century Scholarship. Applicable to Purdue’s Lafayette campus and Indiana University’s Bloomington campus. Funds that cover ALL unmet direct costs including room and board, books, etc. 8 $10,002 $23,252 IU Covenant 9 Purdue Promise/IU Covenant 10 21st Century Purdue 21st Century 21st Century/ Public Promise & IU IWU or Taylor Total Available BEFORE Scholar Federal Pell Grant State Grant Covenant Tuition Waiver CF Scholarships Yes $5,550 $10,388 $4,490 $0 $20,428 NEEDED— IU Bloomington Tuition - $10,388 Books - $1,000 TOTAL SCHOLARSHIP NEED $11,388 Federal and State Scholarships (not loans) 11 21st Century Federal Pell 21st Century / Public Purdue Promise & IWU or Taylor Total Available BEFORE 21st Century Scholar Grant State Grant IU Covenant Tuition Waiver CF Scholarships No $5,500 $5,250 $0 $0 $10,750 NEEDED— Ball State Tuition - $9,654 Books - $1,000 TOTAL SCHOLARSHIP NEED $10,654 Federal and State Scholarships (not loans) 12 21st Century Federal Pell 21st Century / Public Purdue Promise & IWU or Taylor Total Available BEFORE 21st Century Scholar Grant State Grant IU Covenant Tuition Waiver CF Scholarships No $2,970 $4,000 $0 $0 $6,970 NEEDED— IUPUI - $9,204 Books - $1,000 TOTAL SCHOLARSHIP NEED $10,204 $3,234 Tuition Waivers 13 21st 21st Century Purdue Total Available Century 21st Century/ Public Promise & IU BEFORE Scholar Federal Pell Grant State Grant Covenant IWU or Taylor Tuition Waiver CF Scholarships No $2,400 $0 $0 $31,472 $33,872 NEEDED— Taylor University Tuition - $31,472 Books - $1,000 TOTAL SCHOLARSHIP NEED $32,472 Goose Eggs 14 21st Century Purdue Total Available 21st Century/ Public Promise & IU IWU or Taylor BEFORE 21st Century Scholar Federal Pell Grant State Grant Covenant Tuition Waiver CF Scholarships No $0 $0 $0 $0 $0 NEEDED— Indiana University Kokomo Tuition - $7,072 Books - $1,000 TOTAL SCHOLARSHIP NEED $8,072 $8,072 Goose Eggs 15 21st Century 21st Century Federal Pell 21st Century/ Public Purdue Promise & IWU or Taylor Total Available BEFORE Scholar Grant State Grant IU Covenant Tuition Waiver CF Scholarships No $0 $0 $0 $0 $0 NEEDED— IUPU Fort Wayne Tuition - $8,759 Books - $1,000 TOTAL SCHOLARSHIP NEED $9,759 $9,759 Goose Eggs 16 21st Century 21st Century Federal Pell 21st Century/ Public Purdue Promise & IWU or Taylor Total Available BEFORE Scholar Grant State Grant IU Covenant Tuition Waiver CF Scholarships No $0 $0 $0 $0 $0 NEEDED— Ball State Tuition - $9,654 Books - $1,000 TOTAL SCHOLARSHIP NEED $10,654 $10,654 Goose Eggs 17 21st Century/ 21st Century 21st Century Federal Pell Public State Purdue Promise & IWU or Taylor Total Available BEFORE Scholar Grant Grant IU Covenant Tuition Waiver CF Scholarships No $0 $0 $0 $0 $0 NEEDED: Private School (WE CALCULATE AT PUBLIC SCHOOL RATE) - $10,388 Books - $1,000 TOTAL SCHOLARSHIP NEED: $11,388 $11,388 About the Nina Scholars Program » Funded by the Nina Mason Pulliam Charitable Trust since 2001 » Programs at IUPUI, Ivy Tech Community College (Indianapolis), Arizona State University, and Maricopa Community Colleges » 10% of annual grant budget » 565 scholars have been supported since 2001 Eligibility Categories » Must have demonstrated financial need and fit one of the following three categories: » Have dependents they are supporting » Have a physical disability » Have past experience in the foster care system or a verifiable history of childhood abuse and neglect IUPUI Nina Scholars Outcomes Since 2001: » 94% 1st to 2nd year retention rate » 77% have graduated or currently enrolled » 33% of graduates are in graduate school or have completed an advanced degree (including a Ph.D.) » student council president▪ honorary society president ▪ Kelley honors program ▪ English major of the year ▪ study in Dominican Republic ▪ McNair scholar undergraduate research award ▪ IUPUI mentor of the year ▪ Hearst fellow ▪ master of counseling ▪ M.A. in Philanthropic Studies ▪ M.B.A. ▪ M.S.W. ▪ top ten female student ▪ top 100 student Under-resourced Student Reflection I come from the “wrong side of the tracks” in a rust belt town on the decline from the effects of a changing economy. This is a place where one is considered lucky to be employed. A factory floor or the cab of a dump truck is one’s office. Jobs (not careers or positions) are often days or nights (or both) of monotonous toil. My parents are not college graduates. My mother is disabled. My father works in a factory. He comes home dirty and tired. He has no efficacy at work. He sweats so others can think and decide. From the age of thirteen I have been a worker as well. But as a college student, I am expected to perform as if I never learned to be a worker, as if I was prepared by professional parents to be a professional myself, as if I went to a school with an ethos of professional expectations. As I try to find my way through the maze called college, constantly feeling like everyone is referring to some experience that I haven’t had, I ask myself questions. Can I shake this inherent self-doubt? Can I overcome my anxiety about speaking in class? Can I really be accepted among these future professionals and decision makers who are the sons and daughters of professionals and decision makers? Or am I relegated to being a pretender who builds a fragile facade of belonging? Does everyone feel as though all eyes are on them waiting for that inattentive moment when they will reveal themselves? Do I belong here? Am I capable? Chung, J. M., & Robins, R. W. Continuity and change in self-esteem during emerging adulthood. My family isn’t Success comes from being smart successful. Am I and working hard not smart enough? Do I not work hard enough? Nine Needs of Under-resourced Students 1. A road map and compass for success 2. Guidance from college success veterans 3. Someone there at retention/attrition points 4. Connections to campus and community resources 5. Identification of strengths, values, curiosities, passions 6. Insights that lead to resiliency and emotional intelligence 7. Transformative learning and personal growth experiences 8. Opportunities to develop critical thinking and intellectual curiosity 9. Support and guidance to build their own success networks Unpacking Empowerment » Build mutually supportive cohorts and communities of scholars » Create a culture of learning and personal growth » Teach curious and courageous engagement (approach vs. avoidance) » Help students build a self-concordant compass that is values-guided » Teach awareness, reflection, intentionality as primary tools for making conscious and empowered choices (be the driver of your life) What Can Foundations Do? » Access and connection for students » Play a role in meeting needs » Career development and civic engagement support » Community service and cultural experiences » Navigating systems and professional world » Model is widely applicable and scalable » High expectations for outcomes and impact Want to know more? IUPUI Nina Scholars http://nina.uc.iupui.edu/ Nina Mason Pulliam Charitable Trust http://www.ninapulliamtrust.org/ Charlie’s book chapter: The Nine Needs of Lower-income, First-Generation College Students .
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