SLD 101 College Finance & Scholarships

Lecture Hours: 1
Credits: 1

Explores issues involved in creating a personal plan for financing higher education. Includes types of financial aid, scholarship search and application, student loans, financial planning, and financial decision making strategies.

Student Learning Outcomes:

Develop a personal financial plan for pursuing higher education.
Explain the various forms of financial aid and the application process for each.
Complete an organized scholarship search and application process including essay writing.
Identify the benefits and risks of budgeting, saving, credit, debt and investing.

Content Outline

Resources for Education Expenses
- Financial Aid: Grants, Scholarships
  - Federal aid programs
  - State aid programs
- Student Loans
  - Types: Perkins, Stafford, PLUS
  - Risks and Benefits
  - Payback: Income Based, Interest, Deferral, Default
- Scholarships
  - Sources
  - Search methods
  - Writing essays and applications
  - References
Financial Planning and Decision Making
- Developing budgets
- Credit/Loans - Risks & Benefits
- Long-term goals: Insurance, Saving, Investing