Presentation given to parents and students at Richland Northeast HS Sept 24, 2012.

1. Scholarships: Tips and
Strategies to Cut College Costs

2. Remember the
Good Old Days?

3. When College
Was Affordable…

4. No Need to
Worry About
Cost….

5. Never a Thought
About Scholarships

6. My, How Times
Have
Changed !!

7. And How!!!
Public In-State Public Out-of-State Private
4 years starting
(Winthrop) (NCSU) (Georgetown)
2012 - 2013 (Fr) $102,693 $135,238 $251,288
2013 - 2014 (12th) $107,828 $142,001 $263,853
2015 - 2016 ( 11th) $113,219 $149,101 $277,046
2016 - 2017 (10th) $118,880 $156,556 $290,898
2016 - 2017 (9th) $124,824 $164,384 $305,443
2017 - 2018 (8th) $131,065 $172,603 $320,715
With 5% Inflation

8. 2009-2010 2010-2011 2011-2012 2012-2013
College
Tuit ion I ncr ease Tuit ion I ncr ease Tuit ion I ncr ease Tuit ion I ncr ease
Clem son 4.50% 7.50% 3.80% 3.00%
Coast al Carolina 3.50% 4.90% 4.58% 0.00%
Coll. Charlest on 6.00% 14.75% 0.00% 3.15%
Francis Marion 3.60% 6.50% 3.80% 3.00%
Lander 8.50% 4.50% 3.90% 3.15%
S.C. St at e 8.40% 5.70% 4.05% 3.15%
The Cit adel 3.60% 13.00% 3.50% 3.00%
USC Aiken 4.90% 6.00% 3.90% 3.15%
USC Beaufort 3.60% 9.50% 3.90% 4.90%
USC Colum bia 3.60% 6.90% 3.90% 3.15%
USC Upst at e 3.60% 5.00% 3.90% 3.15%
W int hrop 4.00% 5.00% 3.90% 2.90%

9. Scholarships are One Way
to Reduce College Costs

10. Tip 1: Colleges Have the
Largest Scholarships

12. • Grades, grades,
grades
• Strong curriculum
• SAT/ACT scores
• Leadership
• Community service
• Recommendations
• Essays
• Interviews

13. Tip 2: Not All Colleges Give Merit Aid

14. Colleges That Award No Merit Aid
• Harvard University
• Princeton University
• Yale
• Columbia University
• MIT
• Stanford University
• University of
Pennsylvania
• Cal Tech
• Dartmouth
• Brown
• Cornell University

15. Tip 3: Ignore the Hype

16. Average Merit % of Freshman With
College Tuition Aid for Student No Need Who
With No Need Receive Merit Aid
Harvard University $34,979 $0 0.0%
Princeton University $37,000 $0 0.0%
Clemson University $12,688 $2,342 2.7%
Duke University $40,655 $21,158 3.0%
Univ. South Carolina $9,768 $5,422 3.0%
Stanford University $40,050 $3,755 4.0%
Wofford College $33,190 $14,184 24.0%
Agnes Scott (GA) $31,980 $19,727 25.0%
Sewanee (TN) $33,020 $14,036 29.0%
Furman University $39,200 $18,012 35.6%
Trinity University (TX) $31,176 $13,324 37.4%
College of Wooster (OH) $38,000 $20,220 38.0%
Hendrix College (AR) $33,930 $17,466 41.0%
Denison University (OH) $39,330 $15,723 43.0%

17. Tip 4: Be in the Top 25% - 33% of Applicants

18. Tip 5: Use the Common Data Set

23. Tip 6: Use the
College Website

24. Tip 6: Use the
College Website
• Admissions
• Financial Aid
• Specific Departments
• Junior Scholars

25. Newberry College

26. Converse College

27. Winthrop

28. University of South Carolina

29. Tip 7: Qualify for a Lottery Scholarship

31. Hope Scholarship
• Cumulative 3.0 GPA at
graduation
• $2,800 for first year only
• 3.0 in first year then LIFE
• In-state schools only
• 2-year schools free tuition

32. LIFE Scholarship
• Must have two of these three:
– Overall 3.0 at graduation
– 1100 SAT or 24 ACT
– Rank in top 30% of class

33. LIFE Scholarship
• $5,000 per year
• $7,500 in enhanced program
• Complete 30 sem hrs with 3.0
• In state schools only

34. Palmetto Fellows
Scholarship

35. Top 6% Route
• Top 6% in 10 th , 11 th or 12 th
• 1200 SAT (CR + M) or 27
ACT
• Early and late rounds

36. 4.0 GPA Route
• Overall 4.0 end of 11 th or 12 th
• 1400 SAT (CR + M) or 32
ACT
• Early and late rounds

37. Award Amount
• $6,700 freshman year
• $7,500 sophomore and
beyond
• $10,000/year with enhanced
award
• Complete 30 sem hrs with 3.0
• In state schools only

38. Tip 8: Outside Scholarships MAY Help

39. Best scholarships pay students
directly.

40. What To Do?

41. Start Early

42. Learn What Is Out There

44. www.collegedata.com

45. www.meritaid.com