Paying for College Activities
MOVE: The Net Price of College
In this activity, students will be able to:
- Understand the difference between sticker price and net price of college
- Compare the sticker price and net price of top ranked 2- and 4-year colleges
- Move, up out of their seats, in a fun college ranking game
MOVE: Brainstorming the Perfect Scholarship Essay
In this activity, students will be able to:
- Brainstorm various strategies and sample responses for several scholarship essay prompts
- Explore other students’ ideas and responses through guided Gallery Walk
[This activity has no answer key]
INTERACTIVE: Payback
In this activity students will be able to:
- Make real-time and realistic decisions to try to manage student debt
- Experience the consequence for each decision they make on: focus, attention, happiness, and student debt
[This activity has no answer key]
INTERACTIVE: How Much Will Your College Actually Cost?
In this activity, students will be able to:
- Determine the difference between sticker price and net price for colleges
- Analyze information from an interactive using a spreadsheet
- Evaluate potential colleges based on their price comparison
ANALYZE: Online Tools for Paying for College
In this activity, students will be able to:
- Work in groups to analyze a number of online tools they can use in their paying for college process
- Present the tools they researched to their classmates
- Identify which tools they are most likely to use when planning how to pay for college
ANALYZE: A Student Aid Report (SAR)
In this activity, students will be able to:
- Answer questions by looking at a sample student aid report
- Understand the importance of carefully reviewing one's SAR
ANALYZE: College and Career Choices
In this activity, students will be able to:
- Analyze the profiles of two students to make decisions about which college to attend and what major to pursue
- Use two online tools to research college and career options they are personally interested in and considering for their futures
CALCULATE: What is the Value of a College Education?
In this activity, students will be able to:
- Calculate the value of a college education.
- First, they will estimate its value. Then, they will use a chart from the Dept. of Labor to calculate the value (in career earnings) of different levels of education. Finally they will reflect on that value.
COMPARE: College Needs vs. Wants
In this activity, students will be able to:
- Assess college expenses as needs or wants and then discuss their decisions with a partner
[This activity has no answer key]
COMPARE: Understanding the Types of Student Loans
In this activity, students will be able to:
- Compare the different types of student loans.
- This includes Federal vs Private loans, the different types of Federal Loans (Perkins, Stafford/Direct, and Direct Plus), and subsidized vs unsubsidized loans.
COMPARE: Which Repayment Option is Best?
In this activity, students will be able to:
- take a variety of factors about individuals (salary, location and student loan debt)
- use a student loan repayment calculator to preview their repayment options
- determine which repayment option is best.
CREATE: Monthly College Budget
In this activity, students will be able to:
- Make choices regarding income in college
- Set aside money to pay yourself first in savings
- Create a monthly budget to follow during freshman year
- And then reflect on the process of budgeting.
Note: If you'd like students to create a budget using their Financial Aid Award Letter, use this activity instead!
CREATE: Student Loans Infographic
In this activity, students will be able to:
- Conduct research on the various student loan options available
- Create an infographic to organize their findings
FINE PRINT: Financial Aid Package
In this activity, students will be able to:
- Understand the various types of financial aid described in a financial aid offer letter
- Compare two financial aid offer letters to identify which one offers the best package
RESEARCH: FAFSA Deadlines
In this activity, students will be able to:
- Research FAFSA deadlines at the college, state, and federal levels
- Explain what the FAFSA verification process is and how to complete it
- Reflect on what skills they will need to to meet all FAFSA deadlines
RESEARCH: Finding Scholarships and Grants
In this activity, students will be able to:
- Find scholarships and grants to help them pay for college.
- Identify personal characteristics that can make them candidates for specific scholarships.
- Find scholarships using internet platforms.
- Develop a “plan of attack” for securing grants/scholarships.
RESEARCH: How Many File the FAFSA Where You Live?
In this activity, students will be able to:
- Clarify some of the most common myths that many students may have about the FAFSA
- Research how many students in their school and state file the FAFSA
[This activity has no answer key]
ROLEPLAY: Peer Pressure Meets College Finances
In this activity, students will be able to:
- Prepare for and engage in a role play as a college student making budgeting decisions withstanding peer pressure
- Available in English and Spanish
[This activity has no answer key]