Paying for College Unit

Students will be able to:

• Explain the role the FAFSA plays in the financial aid process 
• Understand the importance of submitting the FAFSA
• Read a FAFSA Submission Summary and understand the role of their Student Aid Index (SAI) in paying for college

Students will be able to:

• Explain why scholarships and grants should be prioritized when looking for and accepting financial aid
• Explain the difference between scholarships and grants 
• Find scholarships and grants that they are eligible for

Students will be able to:

• Explain what it means to be a responsible borrower
• Analyze different types of federal student loans
• Compare federal and private student loans
• Analyze hypothetical and personal scenarios involving college and career decisions that impact their ability to pay for college

Students will be able to:

• Discuss the direct and indirect costs of attending college
• Explain the important elements of a financial aid offer
• Analyze different sample financial aid offers
• Demonstrate the order in which different types of financial aid should be accepted

Students will be able to:

• Discuss common mistakes made in repaying student loans
• Explain the difference between different types of repayment plans
• Identify sources of assistance if they need help with student loan repayment
• Analyze different scenarios and choose the best repayment option

Students will be able to:

• Analyze the opportunity cost of going to college when compared to entering the workforce
• Identify the most common costs associated with attending college
• Explain the difference between a college’s sticker price and net price
• Compare the net price of different colleges

Students will be able to:

• Consider the value of a college major when making college decisions
• Discuss how choosing in-state vs out-of-state tuition can affect your total college cost
• Compare the return on investment of colleges
• Understand how a 529 plan can help minimize student loan debt

Students will be able to:

• Explain the role the FAFSA plays in the financial aid process 
• Understand the importance of submitting the FAFSA
• Read a FAFSA Submission Summary and understand the role of their Student Aid Index (SAI) in paying for college

Students will be able to:

• Explain why scholarships and grants should be prioritized when looking for and accepting financial aid
• Explain the difference between scholarships and grants 
• Find scholarships and grants that they are eligible for

Students will be able to:

• Explain what it means to be a responsible borrower
• Analyze different types of federal student loans
• Compare federal and private student loans
• Analyze hypothetical and personal scenarios involving college and career decisions that impact their ability to pay for college

Students will be able to:

• Discuss the direct and indirect costs of attending college
• Explain the important elements of a financial aid offer
• Analyze different sample financial aid offers
• Demonstrate the order in which different types of financial aid should be accepted

Students will be able to:

• Discuss common mistakes made in repaying student loans
• Explain the difference between different types of repayment plans
• Identify sources of assistance if they need help with student loan repayment
• Analyze different scenarios and choose the best repayment option

Students will be able to:

• Evaluate how the type of college you choose to attend might impact your college experience and post-college lifestyle 
• Make decisions during college to minimize debt while also maximizing your academic and social-emotional college experience