Good evening again, everyone. Welcome back. It is only the second session of a day in your life. But Welcome again. Welcome back, we see that the participant number is climbing. So we are going to allow that to stabilize a little. But we also wanted to be mindful of your time, we know that you may have quite a few questions about financing your future about scholarships, grants, loans, just a number of different financial aid resources. And so this is the session for those questions. So as that participant number is rising, of course, we always like for you to do a shout out, so let us know where you're from. Also, let us know how you're feeling. On day one, session two, let us know how you're feeling as well. So once again, good evening, thank you for joining us for Spelman colleges a day in your life at Spelman virtual open house. My name is Miss my Allah Schuler, and I am one of the assistant directors of admissions at Spelman in the admissions counselor for students from the South Atlantic region as well. So it is my pleasure to be here with you today. This session is the Office of Financial Aid, financing your future session, and it will run from 615 to 7:15pm. Eastern Standard Time. So before I turn it over to our presenter, I'd like to just share a few housekeeping notes and keep your introductions coming in the chat as well. This is a webinar, therefore we cannot see the audience. But you can see panelists, guests can utilize the Q and A function to pose questions that will be answered directly or address live as time allows. In addition, this session will be recorded and can be accessed via this platform by late next week. And to view today's or the rest of this week's agenda, select the probe program schedule button at the top of the event platform. So now without further ado, I'd like to introduce you to our presenter, Mr. Miller, Jackson, Director of Financial Aid.
Thank you, Miss Schuler. It is so nice to be with you all this evening. And welcome students and parents to finding out just how to finance your daughter's education at Spelman College. My name is Lenore Jackson, I am the Director of Financial Aid. My associate director is tressa gay, and we do have an assistant director she's in the background as well. Miss Shelly McDonald. One of the things that I hope if all of you have done Today is October 4, but October one was the opening of the application process for FAFSA. For the 20 to 23 school year, we've put down three important steps for students to figure out how to go in and create and complete their FAFSA. One before you start, make sure you have your social security card and paste you don't know your social security number by heart, your driver's license if you have one, W two forms yours and your parents and yours and your parents 2020 2020 federal tax income information. If you have not already done so please create your FSA ID. Now, that is going to be critically important. Before you start the FAFSA prep process. Your parents need to have an FSA ID. If they don't have one already. If you have a sibling that's already been in college, your parents probably already have one. They use that same ID for all of the students that they have. Going to college. Your FSA ID that you will create will be used not only for undergraduate school, graduate school if you're going to med school and you're going to law school when you get ready to do your FAFSA is the same FSA ID that you will create now, once you have gotten your FSA ID you gathered your materials, then you want to go to www.studentaid.gov and complete the process. Parents let your students fill in the information only because when parents do it sometimes they forget the questions are about the student and not about them and they may you may put in your social security number as opposed to your daughter's our school code is 0011541594. So verification documents. So this is critically important for you to know that there will be Students will be selected for a process called verification. Not everybody selected, they're selected automatically from Department of Ed. So that begins now. So we may ask you for a copy of your 2020 tax return transcript that could be yours and your parents, it could be just yours if you're coming as an independent student and file taxes. When you're completing the FAFSA, there is a question that will ask you, do you want to use the data retrieval tool? It's really important that you say yes, because the information will come straight from IRS. If you filed your 2020 taxes, verification worksheet will need to be done. And you will receive instructions from us where you need to upload those documents for us to receive.
Somebody asked me what what are the most mistakes, or what is the most common mistake that students and or parents are making on tax returns and on their FAFSA, acceptable tax return filing status, and I can't tell you how critically this important this is married couples. That means it could be your biological parents who are married. If you live in a household where your mom or dad is remarried, they're still considered married. If they are married, and they filed their tax return in 2020. They should file and the only way to file as a married couple couple is married filing jointly, or married filing separately. If your parents file separately, you need to take both of their tax returns and use it to complete your FAFSA. But what we have are a lot of step parent households where or sometimes may have biological parent household where we have married couples who are filing their tax return separately, and they're filing it as head of household. each parent. If you are married, you cannot file a tax return is head of household. If you do, we will have what we call conflicting information. Because on the FAFSA, you would have said Your parents are married. And then when we look at the tax return, it'll say head of household, it can only say married filing jointly or separately. Remember, this is your 2020 tax return. We won't be asking this until the fall or over anytime between December and next fall, we will start asking you for documents. And one of those documents could be your 2020 tax return. So if you found it as married, filing separate or married, filing head of household, we're going to ask you if you're going to get financial aid that you're going to have to refile your tax returns. Now that could mean parents will either owed money back to the IRS. You know if that's the case, if your daughter is going to use financial aid, it will have to be refiled or we can't process her eight. So this could delay your daughter from receiving her financial aid. So, parents, if you've already found your 2020 taxes, some of you may have delayed filing your taxes, because you're going to file them this month. Please go back and see how your tax returns were filed. If you're planning to use financial aid for your daughter. So when you do the FAFSA, the type of financial aid, you can receive Pell Grant supplemental Education Opportunity Grant, then you have student loans, federal subsidized Stafford Loan and unsubsidized Stafford Loan. Then we have parent loans for undergraduate students, which is abbreviated plus the or the acronym is plus. And then we have federal work study. Those are the only federal aid programs that a student can get aid from that we process in the financial aid. And then you say, well, you may ask question, Well, how do I obtain federal aid and a direct loan, you must complete a FAFSA, whether your parents have been just do a PLUS loan, whether you're just doing student loans, whether you're looking to receive Pell Grant, none of those things can happen until you've actually completed your federal student aid. Application considered the facets Free Application for Federal Student Aid.
So you might say, well, what's the difference between a sub and unsubsidized loan subsidized loan is need base, we will look at what a student's need is. And while that students in school, federal government pays that interest, so if you borrow $2,000, while you're here at Spelman, and you leave here and go to graduate school, or you go to medical school, the federal government continues to pay that interest as long as you continue your education. So at the end of your education, say you go we brought out $10,000, you at the beginning of your interest or your repayment, you will owe $10,000, because the federal government has been paying the interest while you've been in school. But if you take out an unsubsidized loan, it is not need based, the interest starts accruing on that loan immediately within the second semester or well, unsubsidized you want once that fun is dispersed to you, interest starts accruing. So what that means is when you graduate say that same $10,000, you borrow, but now you borrowed it as unsubsidized funds, you will owe more than that, because of the interest that has been accruing while you've been in school. Loans go into repayment six months after graduation, or you withdraw from college. So if you leave Spelman say you're transferring, that loan will still stay in a deferred status. But if you leave Spelman, and you're just dropping out of school, your loan will go into repayment six months after you leave school, and there is a 10 year repayment period, that period can be longer depending on how long you decide you want to pay. So I suggest that only borrow what you need. If you don't need it, don't borrow it. Because the interest rate will change over the years and we won't be able to tell you what those will be. It could change every year. Parent PLUS loans, the parent is the borrower, it's not need base, there is a credit check done, there's a separate application, and the loan amount can't exceed the cost of attendance. So interest rate is 6.28. Payments be given 60 days after the second disbursement, which means in January after we get that student's money for second semester, payments are due to begin on those loans. A student a parent could defer the loan, but you would have to check with the lender. For students living in Georgia, we have what's called Georgia student access loans. student had to have graduated from Georgia high school with a 2.5 or 75% grade point average that we don't have to worry about. Students must be attending. attending an eligible post secondary institution while you're going to be here must be a Georgia resident must be a US citizen. And coming into Spelman, you don't have to worry about satisfactory academic progress, but you must maintain satisfactory academic progress as you go along. Students must apply for subsidized and unsubsidized loan. So a lot of people want to take this loan because it's a fixed rate of 1%. And the maximum you can borrow was 8000. But the only way you can borrow this is if you've also taken out for subsidized and unsubsidized loans. Or Georgia students again, you must be in order to be eligible for the HOPE Scholarship or the hope Zell Miller, you see the requirements there for hope you have to be eligible citizen or an eligible non citizen. You have to meet the Georgia requirement residency requirement.
1996 is when this came into being so I don't think we have that to worry about full time students will receive 4304 half time students one night 169 per credit hour. Now for full time students. Currently it's 4304. For full time students that could go up it could go down the state lets us know each year. If you are going to get hope Zell Miller, you have to graduated from high school to 3.7 GPA and A 1200 sH T or 26 ac T. And I know Miss McDonald is on the line, I'm just going to ask you to put in the chat, whether they did anything differently with the SH T, or 26 ac t symptom because so many schools aren't requiring that requirement for CDs this year. Georgia tuition equalization grant students, full time student, undergraduate Georgia resident, there is a separate application for first time students which you can find on Georgia student finance website. And the amount varies each year. This year, it is I believe, $150. So and that's every year, so there's no requirement that you keep a certain GPA other than you must be making satisfactory academic progress. Once you have reached attempted hours of 127. That time is over. So at that point, you should have graduated or be on your way out the door. So but if you go past 127 attempted hours, Georgia tuition equalization grant will no longer be eligible to you. merit based scholarships and I would say and Miss Holly may chime in on the chat line, but top the top 25% of the applicant pool will be considered for the scholarships, presidential scholarship, the W Johnson scholarship, Morgan Stanley, Joan B. Johnson, the dean scholarship, academic scholarship and student of distinction. And you can tell the presidential is full tuition fees room and board, along with Debbie and Morgan Stanley, Joan B. Johnson and Dean scholarship is for tuition for four years, academic, you'll receive half tuition for four years in student of distinction, the amount could vary. So we've been using an amount around 5000. So that amount could vary depending on what's actually in that scholarship pool for setting up distinction. For students, if we have any students online who were from the New England or Mid Atlantic region, there's the Philips scholarship, Philip Stephen Phillips Memorial Scholarship Fund, students can apply for that using about $15,000 a year. So I would definitely if you're from that area in New England or Mid Atlantic region, please don't hesitate to go out and fill that application now.
I'm not going to read this page, but it will be in the same document that you can go online. And look, we've given you some ideas of where you can go and look for scholarships. And I would start the scholarship search early Do not wait to hear from whether you've been admitted or not. You know, if it's asking you for what school you're planning to attend, you know, decisions don't have to be made this early. But you do want to get out looking for scholarships, beware of the deadlines, because they vary from scholarship to scholarship. So this is very important. If when you talk about financing your education, we always say what's the best way to finance your education, education. And of course, the easiest way, and the best way is to go to school for free. If you're not going to get institutional scholarships, we certainly want you looking for outside scholarships. And we have had students coming in from outside sources 25,000 30,000. Some of these are renewable. So you want to look for scholarships that are renewable, meaning that you'll get it every year, there may be a certain criteria that you have to meet every year, just as it is with our merit based scholarships, you have to maintain a certain GPA, you have to remain in good standing with the judiciary boards here on campus. So there's things that you must do to retain those scholarships. So we want to make sure that you do that. So just to give you an example of what the cost looks like, and this can be daunting, but I would suggest you pay attention to the amount on your right hand side, the direct costs, because those are costs that you pay directly to Spelman tuition, fees, room and board on the right hand The new student fee that is really, it's really a direct cost as well, but we have it included in the indirect costs. But 43,002 44 is what it costs students to be here this year. So that amount could change as we get ready for the 20 to 23 school year, and you'll hear more about what the cost will be. For students next year. There's an insurance fee in the indirect costs. Many parents carry their students on their own health insurance with companies that they work for. So that 1457 can be waived. It may be a different amount next year, but books and supplies, personal items, transportation, those are budgeted items that we say a student possibly would spend 15 $100 on books in here, personal items are those things you'll purchase prior to coming to Spelman transportation, if you're local, it's not going to cost you very much to go back and forth home students are on fall break. For those students who live in the city. Probably most of them went home for the weekend, and Monday and Tuesday, students who live as far away as California parents may have said, No, it's too expensive to bring you home for two days. And they will wait till the end of the semester. So that is transportation to and from campus each year. So just to give you an idea, when you complete your FAFSA, you will get something back called a Student Aid Report. And on that Student Aid Report at the very top, it will give you a number that says estimated family contribution. So we gave you an example of a student's estimated family contribution, or EFC is 2000. And this is how it would work, we would take the total cost of attendance minus the student's estimated family contribution. And that would tell us what their unmet needs. So we're taking direct costs and indirect costs, subtracting it from family contribution to tell us what a student's need is.
And for a student who has a $2,000 EFC, they're going to be eligible for Pell Grant, which for the total would be split between each semester. If they are Pell Grant, more than likely they're eligible for SEO g for as long as those funds last. And that's why it's so important to get your FAFSA done early Spelman neat bass could get 2000 if you leave live in nine southern states in your Christian, you could be eligible for Leti pay. You say, Well, what are the nine southern states as far over as Louisiana, Alabama, Mississippi, Florida, Georgia, North and South Carolina, Virginia, and Tennessee. If you live in those nine states, and you're a Christian, so there's a question a lot of students will fail to answer. It'll say what is your religious status, and they'll leave it blank? Well, Lady paid is something that gets awarded automatically if you don't answer that question. And you are a Christian, you could miss out on that money. Religion scholarship is a scholarship that a student brings with them. Say for instance, your church awards, religious scholarship every year. Or if you're applying for a sorority scholarship, Ramzan aka but deltas are offering a scholarship, apply for delta scholarship, apply for aka applied for zeta, sometimes we even have students who apply for fraternity scholarships, their parents, their father, their, their uncle, or family members, they're in a fraternity, you know, check with them, see if they offer a scholarship corporate scholarships are just those scholarships that students have gone out to apply for. And then there's the subsidized Stafford Loan, the maximum a student could get is 30 $500 as a first year student, so if I take that total, it's 21,000 045 $45. And remember, the unmet need was 47,009 51. I would subtract their aid, but now that students still has an unmet need, that hopefully they're looking for scholarships to meet that unmet need. However, if not, students can maybe parents decide to borrowers under the PLUS loan, they can do that, I would suggest looking for as much free money as possible. Because what we want parents to do is look at 26,000. Let's just say 27,000. over four years, you're looking at over $100,000. So you definitely want to think about how much debt Do you want your daughter in for four year degree? And how much debt parents are you willing to take on? Or can you feasibly afford to take on by the time she finishes her undergraduate degree, so whatever you have to borrow this year, or decide to borrow this year, multiply it out times four, and see where that lands you. Or if you have a number in mind, that you want to borrow, say, it's 10,000, then we need to look for with students help 16,000 906 where's that 16,000 going to come from parents and students, please, please look for scholarships to fill this gap, and not rely so heavily on loans. So this is just another breakdown of what you've already seen, and how we get to a zero unmet need. I went through that pretty quickly, because I want it to leave time for questions.
I didn't want to give you a lot of information, our main, but is that you definitely complete the FAFSA. You know, making sure your admissions application definitely is done. Complete your FAFSA early. We will start awarding next month for next fall. So the very least that you have to do is get that FAFSA done, make sure that tax return is correct. Because if it's not it is going to delay. So if it's a mother and stepfather or father, stepmother, and you are married, please make sure that 2020 tax return says married filing separately or married filing jointly. If you have not done it that way, you have time to go back, refile that tax return, and then get the tax return that will show the correct filing status on it. Mature I'm going to leave it to you to see if there are questions.
Awesome. Thank you so much, Miss Jackson. So there are quite a few questions that came in through the q&a that I will go ahead and pose to you. So one question that came in recently that also came in previously, in the beginning of the session was about external scholarships, and ultimately, the limits or a maximum of scholarships students can earn. So if you can talk to our prospective students and guests about the opportunity to possibly set scholarships, so how many scholarships is too many, so no scholarship is too much.
So basically, you know, what we want students to know is, you know, I asked him this question all the time. Do you know what it cost for you to come to Spelman? It's sort of like going out and purchasing something from the store. And all of these students have gone to the mall. They go, they look on the rack, they look at the price, they see what it costs, and then they make a determination of whether they can afford it or not. How they then decide whether they can afford it or not, is by you know, do I need to go out and earn more money? Do I need to get a job? Do I need to do whatever I need to do to purchase what I want. So your Spelman education is a purchase. And so when you know what it costs and the main thing like I said you need to know is that direct costs that tuition fees, room and board. So if you know what the direct cost is, now you need to determine how much money do I need to pay Spelman 43,000 so once you get that award letter you're going to look at and see what has Spelman offered me if Spelman has not offered you a full ride which means tuition fees, room and board, then you know already you need to come up with some money and so it's you know, it's what does it cost minus what we've given you Whatever you're bringing to the table, be it your parents have a 529 plan that they're planning to use, whether you have gotten some outside scholarships, so it's always subtracting. Where am I? How much more do I need? So say you give absolutely nothing, you know, it's close to $44,000. Well, you need to look for $44,000. But remember, you still have to get books, you still want to buy personal items, you may want to think about transportation. So that's a sidebar. But the main thing is to pay for school. Yes, you didn't need to have money for books. So that's what I would say, how students should look at paying for school and finding outside scholarships.
Awesome, thank you so much. And I'm going to say along that same line that you literally just ended off with about XML scholarships. So there were questions and I do want to note that I see that a lot of the questions are being answered, which is great, but there were questions earlier as well and one specifically from an international student about scholarships and other resources. So Miss Jackson, I know during your presentation, you highlighted some of the things to keep in mind when looking for external scholarships. So searching for your field or major or stay in demographics. So you can give a little more in depth information about advice or insight you have for students as they explore it and external scholarship opportunities. So if their site and if there are any specific websites that they should be keeping in mind as well.
Right. So the the one sheet that I had that had several different websites on it, but definitely uncf.org. Thurgood Marshall also looked there because even though Thurgood Marshall generally does public schools, and we're private, we have been getting money from Thurgood Marshall. If the student works at chick fil a at Walmart, they generally will offer scholarships, Burger King offer scholarships, we've gotten some from them. Some high schools, give out scholarships, so check with your high school that you're graduating from, then what I would do and this is I mean, people have been gotten really creative and taking so if your parents work somewhere, do they offer tuition remission for for their students. So we have a parent who works at Vanderbilt? Because she works there. Her child can come to Spelman, they offer tuition assistance for their student to come here. So check and see where your parents work, do they offer scholarships for you to go. I would put in any household products that your parents use tide, Clorox Pillsbury, all of the Orville redenbacher, popcorn, anything that you eat, that you use for cleaning products, anything, just, this is where your search begins, you know, just putting in whatever, if you're left handed if you're if you had Indian descent in your blood in your bloodline, so any of those things can be used to look for scholarships. You just left handed lasses. Say you know students who have hearing problems, you know, just anything that you can think of, you know, maybe you were born with six fingers, you know, anything that is, you may think about that people may want to give money to that you think, Well, why not fishing, give money for this, you know, something that's unique about you, I would say search and see if there's a scholarship for that.
Awesome, thank you so much. So I do want to note, I hope each of you have taken notes about some of the keywords that you can use for applying for or searching for external scholarships. I do want to also remind each of you, our participant students, to ensure that you are putting your questions in the q&a function. However, I do know this that we have a few questions in the chat as well. So Miss Jackson, there is a question and I'll just read it. word by word. So the question is what accommodations can be made for income changes in 2021? That's not reflected on the 2022 tax return? Yes. Perspective college.
okay. So what would happen in that particular case, and we know that family incomes do change from one year to another. So we're, if a students that come I mean till 2022. And we know we're going back two years to 2020. income, we certainly don't want to penalize a student whose parents income changed in 2021. So what we would, the student would complete the FAFSA, just as it is. So with that 2020 income, but they would notify us that there has been a change. And we have a change form that we send to the student with what those changes are, what the income is, we may ask for documentation, maybe a job closed down, and that incomes no more, no longer viable for that family. So there's different things but what happened? Fill the FAFSA out just as it is with the 2020 tax return, and then let us know that changes have been made. We will help walk you through the process to request for special condition. So we need to do that. But you need to file the FAFSA first. Thank you
so much. So there is another question that just came through the q&a. The question is the Spelman College have an elf
program? The Oh F and I'm not sure what that stands for. So could they put that in the chat what it stands for?
Absolutely. So I do see the name is Abby. I believe that's an AMA. I apologize for it. Um, if I've missed an acronym, but please feel free to add additional clarity to your question as well.
Yeah. And I also wanted to let students know that Spelman does have a scholarship manager portal that students can use to apply for scholarships. And what we will do like we've done this year, allow the admissions office to know which scholarships are viable for incoming students. And those would be you can apply for institutional scholarships once the student has been admitted. So if early admit students in in December, they would then be able to apply in January, we'll let you know when enough time which scholarships they can apply for through the portal. Like the merit base will be handled directly through the admissions office, not through the portal. But we do have other scholarships that are clearly marked for first year students.
Thank you, Miss Jackson. So there is a clarification in the q&a. And EOS stands for Educational Opportunity Fund. It is a state sponsored program available to students with the need of financial support. So the question once again, is the Spelman College have an elf program so
it sounds like so every state has a different name for their state funded scholarships. So for Spelman, it would be hope, and Georgia grant. So it's possibly where this team is coming from. It could be what they determine is their grant fund in that particular state, but for the state, so in the past, like fill up the state of Pennsylvania, they have what they call via grant, and they allow FIA funds to follow the students to Georgia, they no longer do that, if you're from Pennsylvania, those funds stay in the state of Pennsylvania. Students who are from the District of Columbia, from the DC area, they still do allow their funds to go with the student out of state. So we have DC grant, and DC tag. So students will be aware of that through the District of Columbia. As they complete their FAFSA. I think they're given information on how to go on their website to complete that information for that particular scholarship.
Thank you so much.So there is another question of quite a few questions. So the next question is, is there a certain income level or cut off where it would not make sense to fill out the FAFSA? Or should it should students in their parents or should it be filled out regardless?
I would say I'm glad they said that ending part because I would say fill it out regardless. And the reason why. income is not the only thing that dictates what your EFC is going to be so I never want to say there's a cut off because one family could make $120,000. And their EFC is very high, simply because it's a mother and a daughter, the only, but then another family could have seven people in the household three in college, and that EFC is going to be very different. So I would say, even when you feel like, you know, it's not going to be beneficial, you know, when we get to the $500,000 income, more than likely, it's not going to benefit students. But I would say if you're far under that is terms of income, and number in household, go ahead and complete the FAFSA, because sometimes we do get funds that are not totally need based, but we're looking at some other things so that we would still have that student in the pipeline to take a look at that student to see if we can offer them some money.
Thank you for that. So this next question is a question specifically about the state of Maryland. But I'm going to pose this question as this state based scholarships. So the question is, are there any grants or scholarships given for the state of Maryland? So if you want to address that question, and then talk about any state based funding available?
Yeah. So so right now. So you know, the question is, are there any state based funds for the state of Maryland, there could be if you're staying in the state of Maryland to go to school. But as far as I know, and I'm sure we get lots of Maryland students, if they could bring money from with them from their state, they would be bringing it. So what a student would have to do is look at their own state agency within their state to see if they offer any state funded scholarships. And they will therefore have to ask the question, can that money follow me if I'm going to go to school outside of the state, whatever, with Maryland, or Virginia, wherever those state funds are? So the only ones, like I said, that are currently coming to Spelman are our own state funds, of course, and money coming out of the District of Columbia, Washington, DC.
Thank you so much, Miss Miss Jackson. So for my participating students and guests, I know that this session is scheduled to go until 7:15pm. But we really, really want to make sure we're utilizing the rest of this time to just answer any final questions you have. So once again, this is a great opportunity to ask questions about financial aid, financing your college experience. So we're going to give it another minute or two for any final questions you have. In the meantime, Miss Jackson, if there's any final insights or advice that you would like to share with our prospective students and their guests, as they looked at financing their college education.
So one of the things I would reiterate is how important it is we were already starting to get back to them. So FAFSA has just opened October one parent and students, I can't tell you how important it is to go ahead and gather your materials, get the facts as done, get your FSA ID done first, get the FAFSA done. And even if you don't know all of the schools where you may be applying if Spelman is one of the schools that is on your list, that you know you're applying to make sure you list Spellman with our school ID code number which is 001594. But when you're doing the FAFSA, there is a drop down box that will show you all of the schools and the school ID. The next thing is making sure that you have in place where that tax return is. So if you're late filing your tax return, it's a possibility you cannot use the data retrieval tool. And what that means is this. If you use the data retrieval tool, we will not have to ask you for a copy of the tax return. But if you're going to do special conditions, such as because parents have lost jobs, we may be asking for your 2020 tax return. Also documentation that shows that income has been lost. So you need to have that prepared as well. The other thing that's critical, you know, it's all relative. What's foeman costs? No, we're not as high as the harbor to the gales but 43 $44,000 is a nice chunk of change. And what we want is for students to be ready, we don't want students coming and panicking because they don't know how their bills went to get paid. I can't tell you how important it is to have that discussion prior to making a decision that you're going to come, or that someone's going to be able to help you once you get here. Because sometimes we can't. And sometimes we can. Yes, once you get here, we want you to stay here, but we need your health.
So somebody asked when bright future scholarships from Florida pay tuition at Spelman, I believe right futures will allow their money to come to the state of Florida. And I will check on that I don't have my scholarship person online. But I do believe Bright Futures does allow their money to come to Spelman. So that in looking for scholarships, young ladies you have I know this is your senior year for most of you, you have to start that process now. And it has to be a continuous journey, until you have found the dollars you need to pay for school. You know, your parents are there to help support you. But in order for you to help support them, and not have them so deep in debt or yourself so deep in debt, you want to find as much free money as you possibly can, you know, making sure that this year he got excellent grades, keeping your grades up, you know, if you are still planning to take the SN t ratio 80 I don't know if that will have an impact when admissions is looking at students as a whole, because we're not requiring it. So you want to make sure your applications are tight. You know, making sure there's worth you know, checking spelling, making sure you get good recommendations, you know, checking everywhere you possibly can in every nook and cranny for scholarship disapproval scholarships, you know, we Google everything, just google scholarships, and see what comes up, you have to walk in you have to apply. If you don't apply and you wait till March, the start this process, you were so behind the eight ball, you need to start that search now. And it has to be put it on your calendars. It has to be that you're doing it all the time. When we get scholarship information in, we will be sharing that information with admissions for them to get out with you to you so that you can fill those applications out to apply for scholarships. Anytime we have first year scholarships that we find out, we will send those out. So but don't just get them, we'll get them and don't apply, you know, have a day that you're going to sit down and apply and do what you need to do. If your essays can be sort of generic that you can use that same essay or another question and just have to tweak it. But make sure you really read it because it's nothing worse than leaving a word in there about another scholarship that shouldn't be in there. So you have to be very careful in wording your scholarships as well. Maybe Google scholarships for private schools, I don't know couldn't be a bunch of scholarships out there. Like I said, if you have some differences in your race, your ethnicity, you know where you're from, you know, maybe there's scholarships just for the state of Iowa. You know, I don't know, you know, I would say it never hurts to use any kind of wording that you think may come up scholarship. And our scholarship coordinators are here to help you especially with UNCF. You know if you've got out here and applied for a scholarship for you and CF. Miss McQuaid who's our scholarship, one of our scholarship coordinators in this to make Watson Watkins is here to help students look for scholarships. And like I said, you definitely want to use our Spelman scholarship portal. We'll share that with admissions the link so that they can make sure that they're sharing that with students as well. We'll go back and add it to this PowerPoint Oh, so yeah, I was just looking at a note that came in. So I wanted to remind you that every school that you miss,
will will show up every school will get your information of us Spelman, along with three, four up to 10 schools, those schools will be listed. So you can only list 10 schools at a time on the FAFSA. So if you're applying for more schools in that you have to go back in I believe, and add those schools to another FAFSA, not an actual I think you just go in and make those changes to do updates to the FAFSA. So I can't think of anything else. Does anyone else have any more questions?
It looks like we're all set. All set, it looks like all that questions had been addressed.
Well, then I know that we're going to get a flood of student aid reports in what we call institutional files in to start working on these facts I know your students are applying. So like I said, next month, we will start awarding and I think first letters go out sometime in December. So we wish you good luck in looking for scholarships we wish you will, in your search for you know where you're going to attend, we hope Spelman is number one on your list and that you get what you want. And I always say to students, you know, making sure that you apply for your absolute shore school where you know, you can make it happen for you financially. Because this is the one thing I tell parents and students, Spelman may be a good fit academically, socially, all of the things that we're looking for all the community service you've done, you've just fit where we need you to be. But you also have to look and see, is Spelman a good fit financially? What does that mean is? How much debt will you have? What you leave Spelman? And are you prepared for that debt? And how do you plan to pay that debt back? Not just you as the student, but your parents as well? Like I said, Take that PLUS loan parents, if you're going to if you know you're going to borrow? How much are you willing to borrow for four years and have that amount set. And parents and students, I say the best place in my house, at least to have that talk about finances is right at the kitchen table. You know, sit down in once those award letters come rolling in, sit down and see who's offering your money. So we want to make sure that you have the money that you need for coming to Spelman. I don't know was there a question about social security number? I'm not sure what that's about.
I believe that was that I know Miss Chester gay is working through clever shit. Okay, as well. All right. Well. Thank you, Miss Jackson, do you have? were you about to save one last thing?
No, I'm good.
No problem. Well, thank you so much. You're welcome to our participating students and guests. Thank you. Again, thank you for joining us for the Office of Financial Aid. financing your future session, we hope that your time was well spent, there were a lot of questions and a lot of answers that were provided to you, and that you learned important information that will assist you in your college search process. So as a reminder, this session was recorded and will be available via this platform later next week. In addition to viewing session recordings, we do encourage you and your family to explore our site at your leisure. To learn more about current students, faculty, academic programs, and all that awaits you inside the gates of Spelman. The next session will take place tomorrow, Tuesday, October 5, from five to 6pm. Eastern Standard Time. This session is titled Spelman College special programs. You can join that session by selecting program schedule on our event site and select access live webinar next to the title of that session. When the time comes once again thank you again thank you for joining us this evening and we will see you tomorrow.