College and Loan Unit: at A Glance Tab

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College and Loan Unit

Name______________________________

The goal: Students to are research the requirements to get into college and the costs to the student.

Directions: You will choose two different jobs and two different colleges and compare your long term
loans.

COLLEGE CHOICE #1- pick one if you don’t know- ________________________________


• College matchmaker- http://collegesearch.collegeboard.com/search/adv_typeofschool.jsp

COLLEGE MAJOR #1
What is going to be your major at college #1? ____________________________

How many years of associates/undergraduate do you need for this major? __________________

How many years will you need to attend post-graduate (masters/doctoral) schooling for your degree?
_________

Total years will you need to go to college? _____________

• 1600 majors- http://www.mymajors.com/list-of-college-majors.cfml


• Top 100 majors-http://www.mymajors.com/list-of-majors-in-college.cfml
• top 2000 ranked colleges- http://www.stateuniversity.com/rank/score_rank.html

Undergraduate Costs of College- for the next couple sections use website below

Directions: Students are to use the http://www.collegeboard.org/site. The answers are under the tab on
this site. If students cannot find answers, they can do a search to find answers or visit college website.
Use the tabs.
At a Glance Tab
At a Glance Tab

Total Undergrads

Average financial aid package

Tuition In State $

Tuition Out of State $

Type of school (summary of school)


Majors & Learning Tab
Majors & Learning

Student to faculty ratio

3 most popular majors

Is your major offered at school

Is masters offered at school?

Campus Life Tab: Under student body tab


Campus Life

Top 3 Race / Ethnicity

Gender Ratios

Applying Tab: Under Applying Tab


What’s Important Tab

Very important

Important

Considered

Applying Tab: Academics & GPA Tab


Regular Applicants

Total applicants

Admitted

Enrolled

Applying Tab: Academics & GPA Tab

Applying Tab: Your Class Rank (Go to Guidance)- _____________

Compare your high course work to that of the college. Are you on track?

Compare your high school rank to those of incoming frosh - how do you fair?
Rank %

Top 10

Top 1/4

Top 1/2

Bottom 1/2

Bottom 1/4

Applying Tab: Academics & GPA Tab


Your GPA ________________
Does your GPA % get you in this college?

GPA’s of Incoming frosh %


GPA %

3.75

3.5-3.74

3.25-3.49

3.0- 3.24

2.5-2.9

2.0-2.49

Applying Tab: SAT & ACT Scores Tab

Score %

30-36

24-29

18-23

12-17

6-11
Paying Tab- Average Net Price
Costs of your college
On Campus Off Campus At Home

Tuition & fees

Room & Board

Books & Supplies

Personal
Expenses

Transportation

Total

Paying Tab- Financial Aid By the Numbers Tab

Financial Aid Distribution chart


Scholarship & Grants _____________%
Loans & Jobs _______________%
Other ___________%

Average 1st Year financial aid package $ ___________________

Average need based scholarship $ _____________________

Average non need based aid$ ____________________

Average indebtedness at graduation $____________________

Scholarships tab (What is offered)


1 Year Costs
Use paying tab and calculator to calculate costs to attend 1 year

1 Year costs

College tuition (use out of state if you are


attending out of state college)
Cost for room and board

Books and supplies

Total cost per year (Add Tuition, Room


and Board, Books and Supplies to get a)
Use paying tab and calculator to calculate costs to attend 1 year

4 years (or more) Total Amount of Loan


Costs to Graduate

Total cost to graduate- Multiply Total


cost per year by years you plan to
attend to get degree.

Loan Payback
http://www.aie.org/paying-for-college/finance-tools/college-loan-calculator.cfm
Loan Payback College
Option #1

Principal- Total amount of


Loan for undergraduate -
assuming no financial help
from parents -Use above cost
to graduate

Interest Rate 3.4% if subsidized

Months 10 years 120 Months

Total Amount of Interest paid


over loan

Total Amount- Add interest


and Principal from above

Monthly payment once you


graduate college #1
College & Loan Unit
Name______________________________

Part 2. College Choice and Major #2 ______________________________

The goal: Interview parents and college students in order to research what colleges and jobs are best for
you in the future.

Directions: You will choose two different jobs and two different colleges and compare your future
earnings.

COLLEGE CHOICE #2- pick one if you don’t know- ________________________________


• College matchmaker- http://collegesearch.collegeboard.com/search/adv_typeofschool.jsp

COLLEGE MAJOR #2
What is going to be your major at college #1? ____________________________

How many years of associates/undergraduate do you need for this major? __________________

How many years will you need to attend post-graduate (masters/doctoral) schooling for your degree?
_________

Total years will you need to go to college? _____________

• 1600 majors- http://www.mymajors.com/list-of-college-majors.cfml


• Top 100 majors-http://www.mymajors.com/list-of-majors-in-college.cfml
• top 2000 ranked colleges- http://www.stateuniversity.com/rank/score_rank.html

Undergraduate Costs of College- for the next couple sections use website below

http://www.collegeboard.org/- type your college in search. Then use tabs at top of the site.

At a Glance Tab
At a Glance Tab

Total Undergrads

Average financial aid package

Tuition In State $

Tuition Out of State $

Type of school (summary of school)


Majors & Learning Tab
Majors & Learning

Student to faculty ratio

3 most popular majors

Is your major offered at school

Is masters offered at school?

Campus Life Tab: Under student body tab


Campus Life

Top 3 Race / Ethnicity

Gender Ratios

Applying Tab: Under Applying Tab


What’s Important Tab

Very important

Important

Considered

Applying Tab: Academics & GPA Tab


Regular Applicants

Total applicants

Admitted

Enrolled

Applying Tab: Academics & GPA Tab

Applying Tab What is Your Class Rank _____________

Compare your high course work to that of the college. Are you on track?

Compare your high school rank to those of incoming frosh - how do you fair?
Rank %

Top 10

Top 1/4

Top 1/2

Bottom 1/2

Bottom 1/4

Applying Tab: Academics & GPA Tab


Your GPA ________________
Does your GPA % get you in this college?

GPA’s of Incoming frosh %


GPA %

3.75

3.5-3.74

3.25-3.49

3.0- 3.24

2.5-2.9

2.0-2.49

Applying Tab: SAT & ACT Scores Tab

Score %

30-36

24-29

18-23

12-17

6-11
Paying Tab- Average Net Price
Costs of your college
On Campus Off Campus At Home

Tuition & fees

Room & Board

Books & Supplies

Personal
Expenses

Transportation

Total

Paying Tab- Financial Aid By the Numbers Tab

Financial Aid Distribution chart


Scholarship & Grants _____________%
Loans & Jobs _______________%
Other ___________%

Average 1st Year financial aid package $ ___________________

Average need based scholarship $ _____________________

Average non need based aid$ ____________________

Average indebtedness at graduation $____________________

Scholarships tab (What is offered)


1 Year Costs
Use paying tab and calculator to calculate costs to attend 1 year

1 Year costs

College tuition (use out of state if you are


attending out of state college)
Cost for room and board

Books and supplies

Total cost per year (Add Tuition, Room


and Board, Books and Supplies to get a)
Use paying tab and calculator to calculate costs to attend 1 year

4 (or more) Year CostsTotal Amount of Loan


Costs to Graduate

Total cost to graduate- Multiply Total


cost per year by years you plan to
attend to get degree.
LOAN PAYBACK
http://www.aie.org/paying-for-college/finance-tools/college-loan-calculator.cfm

Loan Payback College


Option #2

Principal- Total amount of


Loan for undergraduate -
assuming no financial help
from parents -Use above cost
to graduate

Interest Rate 3.4% if subsidized

Months 10 years 120 Months

Total Amount of Interest paid


over loan

Total Amount- Add interest


and Principal from above

Monthly payment once you


graduate college #2
What did you find out about this school that you did not know or that is helpful for you in the future?

What did you learn about loan payback and college costs?

What college are you more likely to attend based on this unit?

Annual Budget Calculator


http://www.finaid.org/calculators/studentbudget.phtml

Scholarships
http://www.fastweb.com/

College loan
http://www.simpletuition.com/search_completion?bt=1024001&lts=2&amt=5000&brnd=finaid

Fafsa
http://www.finaid.org/fafsa/fafsa.phtml

College Board (www.collegeboard.com)


• Fast Web—financial aid search (www.fastweb.com)
• FinAid!—The SmartStudentTM Guide to Financial Aid (www.FinAid.org)
• U.S. Department of Education (www.ed.gov)

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