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In case you are wondering…. Cost of attendance per year, not including personal expenses and transportation Tulane LSU Tuition 37,200 3,469 Rm & Bd 9,520 7,738 Fees 2, 596 1,371 Books 1,200 1,500 Total 50,516 14,078. What is Merit Money ?.
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In case you are wondering….. Cost of attendance per year, not including personal expenses and transportation Tulane LSU Tuition 37,200 3,469 Rm & Bd 9,520 7,738 Fees 2, 596 1,371 Books 1,200 1,500 Total 50,516 14,078
What is Merit Money ? • Merit money is another word for scholarship money. • Students get scholarship money because they earn it, not because the need it • Scholarships are a way that colleges entice exceptionally well qualified students
Merit-based money is based on: • Academic merit—ACT/SAT; GPA • Music/Arts • Talent • Athletics • Leadership • Extracurricular activities
Most merit money comes from the colleges themselves • Concentrate effort here • Go to the college’s website and search under “Prospective Students” and then “Financial Aid and Scholarships.” • The more selective a college, the less merit money it is likely to offer
How do I apply for this money ? • Through the application for admission LSU, Louisiana Tech • Through a separate application ULL, NSU • A combination of both Tulane, Rhodes • By nomination Emory, Washington University in St. Louis
Managing deadlines is essential • LSU—Nov. 15 • NSU—Dec. 1 • ULL—Nov. 15 • Tulane—Nov. 15; Dec. 1; Jan 15.
Other sources of merit money • National Merit • Departmental scholarships within universities • Major corporations • Churches and religious groups
More sources of merit money • Businesses with scholarships for children of employees • Professional organizations • Unions • Local civic organizations
Don’t stop looking when your child matriculates • Departmental scholarships for upperclassmen • Special scholarships for students who do well once they get to college • On campus jobs • Resident advisors
Counseling Center Resources • Naviance Scholarship list Scholarship match National scholarship match • www.lsmsa.edu Counseling Newsletter Other financial aid resources These slides will be housed there
Internet Resources • www.collegeboard.com • www.studentsscholarshipsearch.com • www.scholarship.com • www.tuitions.com • www. srnexpress.com • www.fastweb.com
Articulation agreements • NSU • LA Tech • Grambling • McNeese State • Nicholls State • SLU • ULM • ULL • Oglethorpe University, Atlanta, GA
What can parent do to help? • Don’t pay for scholarship searches! These can be scams. • Start now, finding out as many options as possible • Know the competition and be realistic • Help students stay organized and meet deadlines • Be open about what you can afford