Financial Aid/Scholarships

The financial aid process can be an overwhelming process for all.  Below are a few guidelines pertaining to the different types of aid and processes. We strongly advocate applying to a broad range of schools that interest you, regardless of their price tags or need-aware policies.  Need-based and merit-based financial aid can make all manner of schools affordable; we urge you to wait and see what they offer you.

FINANCIAL LITERACY AND SCHOLARSHIP RESOURCES

Wondering how to pay for college?  Become more financially literate and find funding sources through the following video guides and resources at LendEDU.com.

NEED-BASED AID

Virtually all colleges offer need-based financial aid.  A typical need-based aid package might include grants (from the college and/or the government) that you need not pay back, loans (often government-issued and discounted in terms of interest charged and payment schedule), and a paid campus job (work-study).

When in doubt as to whether you will qualify for some kind of need-based aid, you may use a web-based financial aid calculator to see how colleges might regard your situation.  While individual schools perform this analysis in their own ways, this tool may indicate whether applying for aid would be worthwhile.  If your financial situation is complex, if special circumstances adversely affect your economic situation, or if a web-based calculator indicates you’re close to qualifying for need-based aid, you may qualify for more aid than the calculator suggests.  In general, if you think you might need financial aid, you should apply for it.  In any case, the calculator can help you shape your final list of colleges to ensure that it includes affordable options.  Financial aid calculators take little time to use and are available at various sites, such as studentaid.ed.gov, collegeboard.org, and finaid.org.  These sites provide other useful financial information as well.

Even more helpful is the Net Price Calculator that each college is required to post on its web site.  These are customized to each college’s own cost structure and financial aid policies.  After completing any Net Price Calculator, it is prudent to call that college’s financial aid office to ask 1) if you did it correctly, and 2) how close an estimate you should assume it is.  Bear in mind that Net Price Calculators neither can be, nor are meant to be, exact calculations or guarantees of cost or aid.  They are merely estimators to give you some sense of your likely cost.  The financial package your child eventually receives may include aid that the calculator could not anticipate and the financial aid office could not promise prior to completion of the admissions process.  Whether or not you anticipate aid, always wait to see what a college actually offers.

In order to qualify for need-based financial aid, you (student and parents together) must complete the Free Application for Federal Student Aid (FAFSA) as soon as possible after October 1 of your senior year.  You’ll find it at www.fafsa.ed.gov (always be sure you have the .gov site for FAFSA).  If you want a preliminary estimate of the government’s calculation of your need, you can find a FAFSA estimator at the same site.

Depending on where you’re applying, you may also need to complete the CSS PROFILE required by many selective colleges.  The PROFILE is available at www.collegeboard.com.

Finally, some colleges may also require their own financial aid form.

MERIT-BASED AID/SCHOLARSHIPS

The most important thing for you to know about merit-based aid is that If you wish to compete for merit-based scholarships (scholarships based on academic success, test scores, special talents, etc.), you will need to hustle to find them.  The process is highly individualized, and the sources of scholarships are many, so this will take some work.  Of course, Prairie will do all it can to assist in your efforts.  Here are some beginning tips:

The major sources of merit-based aid are:

  • Colleges and universities, especially private ones.  These are the richest sources of merit-based aid.  Be aware, however, that extremely selective colleges typically offer little or no merit-based awards.
  • Employers
  • Local organizations (e.g., Kiwanis, Rotary, Lions, etc.)
  • Churches and other religious organizations (at the national level)
  • Other national organizations

Many nationwide scholarship search engines are available,

Check directly with your colleges to learn more about their scholarship opportunities (not all colleges notify students of scholarship opportunities), as well as with your employer and place of worship.  Watching the newspaper for local scholarships is wise, as is checking scholarship announcements at the public library.

We publish an array of independent scholarship opportunities in Google Drive and occasionally announce particular opportunities at Morning Meeting.  If you’re interested in scholarships for which we have not yet posted updated information in Google Drive, please take the initiative and contact the sponsor directly to ask if they’re still offering it.

NEED-BLIND AND NEED-AWARE POLICIES

A word about need-blind vs. need-aware policies at colleges:  College costs have risen to such a degree that most private colleges have had to become need-aware, meaning that when they’re evaluating students’ applications they are aware of whether any given student has applied for financial aid.  Fortunately, in most cases need does not affect admission decisions; colleges factor it in only in the final stages when they’re splitting hairs for the last few seats.  Generally speaking, colleges (especially private colleges) work hard to come as close as possible to meeting students’ demonstrated need, especially for strong candidates.

Need-blind colleges, on the other hand, make all admissions decisions with no awareness of whether a student has applied for financial aid.  (This does not necessarily apply to international, transfer, and wait-listed students.)  A small number of colleges have managed to remain need-blind and meet full demonstrated need.  Always inquire directly about financial aid policies at your colleges of interest.

Scholarship Opportunities

We’re pleased to post here scholarship opportunities sent to us.

UPCOMING DEADLINES

Participants must prepare a speech related to the United States Constitution between 8 to 10 minutes in length. Participants develop leadership qualities, the ability to think and speak clearly and intelligently, and are better prepared for the acceptance of the duties and responsibilities, for the rights and privileges or American citizenship.
Click here for more details.
  • Each District winner will receive an Oratory medal
  • Each Regional participant will receive a $600 scholarship
  • The winner of each Regional contest will receive a $1,000 scholarship
  • The Department finalist receives $2,000 for first place, $1,500 for second place, and $1,000 for third place
  • National finalists receive $18,000 for first place, $16,000 for second place, and $14,000 for third place

Deadline: Wisconsin State Regional/Final: February 8th, 2020 (Ripon, WI)

Mary E. Hamilton was the founding president of the St. Mary’s Medical Center Auxiliary. In her memory, the Volunteers in Partnership with Ascension-All Saints Hospital offer a $1,000 scholarship each year, for four years.
Participants must be a 2020 graduate of a Racine County high school, with a B average or better. Eligible recipients must be enrolled in a health-related field in their post-graduate course of study, and demonstrate economic need.
Click here for more details.

Deadline: Monday, January 6th, 2020

The SCAD Challenge competition gives students the opportunity to submit works of art to a panel of accomplished SCAD faculty. Entries must demonstrate creativity, innovation and a strong understanding of aesthetics.

Challenges are open to current juniors and seniors in high school as of the 2019-20 academic year. A panel of SCAD faculty will review and evaluate entries, and three winners will be selected from each category.

SCAD Challenge categories:
• 2-D design
• 3-D design and modeling
• Animation and game design
• Fashion
• Film
• Graphic design
• Performing arts
• Photography
• Writing

The next step for junior and senior entrants is to complete an undergraduate application for admission. Online applications and the SCAD Challenge entry must be submitted by 5:30 p.m. ET Monday, Feb. 17, 2020. Winners will be announced March 6, 2020.

Deadline: 5:30 P.M. EST on February 17th, 2020