Which College Do I Choose?
DAY 1
- You will use to calculate your EFC (estimated family contribution) for college.
- After going to the web site, click Calculators; then, scroll down the page and click Quick EFC calculator under Needs Analysis.
- Enter the following information in the calculator (choose any one of the numbers in each section):
- Age of Older Parent – 45, 40, or 55
- Number in Family – 4, 3, or 6
- Number of Children in College – 1 or 2
- Student Income – 0, 2000, or 4500
- Student Assets (Business/Farm) – 0 or 20000
- Student Assets (Other) – 3000, 5000, 8000
- Parent Income – 20000, 60000, 75000
- Parent Assets (Business/Farm) – 0, 30000, 100000
- Parent Assets (Other) – 0, 30000, 200000
- Click Calculate, and record the EFC. Also, note whether you would be likely to get a Pell Grant.
- Begin to research colleges that you may like to attend. Remember that college web sites end in .edu rather than .com.
- You must research 1 two-year community college in-state, 1 four-year public university in-state, and 1 private four-year in-state university.
- Find the cost of attendance for each college/university. Cost must include everything: tuition, fees, books, room/board, meals, transportation, etc.
DAY 2
- Continue to research colleges.
- Begin to create a presentation to share your cost-EFC comparison with other students.
1.What to include in your presentation:
- Title Slide (be creative)
- 1 slide for each of 3 colleges/universities
- Title will be college/university name
- Picture of college/university
- Bulleted list of all cost items and total cost of attendance
- EFC
- Cost after EFC deduction (Amount that may be awarded in the form of grants, loans, scholarships, work-study, etc.)
- Conclusion Slide – Compare the total costs, EFC, and amount to be awarded in some form other than EFC. Indicate the best option for you using a formatting option such as Bold, Different Font Color, etc.
- Format slides with background colors and fonts that enhance its appearance.
- Format bulleted lists to be presented one at a time.
- Format costs appropriately – dollar sign for the first item in a list and the last item, and commas for items in that are at least 1,000.
DAY 3
Complete your presentation according to the elements from Day 2.
DAY 4
Presentations will be given to peers.