how latinos pay for college: navigating college finance
DESCRIPTION
How Latinos Pay for College: Navigating College Finance. Deborah A. Santiago. Education Writer ’ s Association September 4, 2014Dallas, Texas. 2 themes…. Getting financial aid is too hard…. Latinos received the lowest average total aid award amount of any group. Why?. - PowerPoint PPT PresentationTRANSCRIPT
![Page 1: How Latinos Pay for College: Navigating College Finance](https://reader036.vdocuments.us/reader036/viewer/2022070402/568137f2550346895d9fb275/html5/thumbnails/1.jpg)
How Latinos Pay for College:
Navigating College Finance
Education Writer’s AssociationSeptember 4, 2014 Dallas, Texas
Deborah A. Santiago
![Page 2: How Latinos Pay for College: Navigating College Finance](https://reader036.vdocuments.us/reader036/viewer/2022070402/568137f2550346895d9fb275/html5/thumbnails/2.jpg)
Audience Assumption Framing
Parents/students Access Opportunity
Policymakers Change Crisis
2 themes…
![Page 3: How Latinos Pay for College: Navigating College Finance](https://reader036.vdocuments.us/reader036/viewer/2022070402/568137f2550346895d9fb275/html5/thumbnails/3.jpg)
Getting financial aid is too hard…
Latino All
Applied 78% 74%
Received 63% 63%
![Page 4: How Latinos Pay for College: Navigating College Finance](https://reader036.vdocuments.us/reader036/viewer/2022070402/568137f2550346895d9fb275/html5/thumbnails/4.jpg)
Latinos received the lowest average total aid award amount of any group
![Page 5: How Latinos Pay for College: Navigating College Finance](https://reader036.vdocuments.us/reader036/viewer/2022070402/568137f2550346895d9fb275/html5/thumbnails/5.jpg)
Why?
![Page 6: How Latinos Pay for College: Navigating College Finance](https://reader036.vdocuments.us/reader036/viewer/2022070402/568137f2550346895d9fb275/html5/thumbnails/6.jpg)
Latino Student Profile
DACA/DreamerDACA/Dreamer
![Page 7: How Latinos Pay for College: Navigating College Finance](https://reader036.vdocuments.us/reader036/viewer/2022070402/568137f2550346895d9fb275/html5/thumbnails/7.jpg)
Financial Aid Overview
![Page 8: How Latinos Pay for College: Navigating College Finance](https://reader036.vdocuments.us/reader036/viewer/2022070402/568137f2550346895d9fb275/html5/thumbnails/8.jpg)
Financial Aid
Types: Grants/Scholarships, Loans, Work-Study jobs, Tax benefits
Sources: Federal, State, Institutional, Private, Personal
Acronyms:FAFSA: Free Application for Federal Student Aid
EFC: Expected Family Contribution
SAsP: Satisfactory Academic Progress
DACA: Deferred Action for Childhood Arrivals
![Page 9: How Latinos Pay for College: Navigating College Finance](https://reader036.vdocuments.us/reader036/viewer/2022070402/568137f2550346895d9fb275/html5/thumbnails/9.jpg)
Expected Family Contribution (EFC)
![Page 10: How Latinos Pay for College: Navigating College Finance](https://reader036.vdocuments.us/reader036/viewer/2022070402/568137f2550346895d9fb275/html5/thumbnails/10.jpg)
Total Aid
![Page 11: How Latinos Pay for College: Navigating College Finance](https://reader036.vdocuments.us/reader036/viewer/2022070402/568137f2550346895d9fb275/html5/thumbnails/11.jpg)
Grants good; Loans… not so much
Work-study, yes!
For Latinos
![Page 12: How Latinos Pay for College: Navigating College Finance](https://reader036.vdocuments.us/reader036/viewer/2022070402/568137f2550346895d9fb275/html5/thumbnails/12.jpg)
State Aid • Latino participation is equal to all undergraduates: 16%
• Latinos received a higher average state aid award than all undergraduates.
UndergraduatesAverage State
Award
Latino $2,235
All $2,070
![Page 13: How Latinos Pay for College: Navigating College Finance](https://reader036.vdocuments.us/reader036/viewer/2022070402/568137f2550346895d9fb275/html5/thumbnails/13.jpg)
Institutional Aid• Latino participation is similar to all undergraduates: 17%
• There is a substantial disparity in the average institutional grant award between Latinos and all undergraduates.
UndergraduatesAverage
Institutional Award
Latino $2,965
All $4,260
![Page 14: How Latinos Pay for College: Navigating College Finance](https://reader036.vdocuments.us/reader036/viewer/2022070402/568137f2550346895d9fb275/html5/thumbnails/14.jpg)
Type of Institution
Percent Received Aid
Average Aid Amount
Public 2-year 43% $2,870
Public 4-year 75% $7,105
Private 4-year 86% $10,500
Private for-profit 91% $8,420
Types of institutions
![Page 15: How Latinos Pay for College: Navigating College Finance](https://reader036.vdocuments.us/reader036/viewer/2022070402/568137f2550346895d9fb275/html5/thumbnails/15.jpg)
![Page 16: How Latinos Pay for College: Navigating College Finance](https://reader036.vdocuments.us/reader036/viewer/2022070402/568137f2550346895d9fb275/html5/thumbnails/16.jpg)
Data: National Postsecondary Aid Study (NPSAS), U.S. Dept of Education, excludes Puerto Rico in 2012 study
Caution!
Scams: Families asked to pay for services or applications that are free
![Page 17: How Latinos Pay for College: Navigating College Finance](https://reader036.vdocuments.us/reader036/viewer/2022070402/568137f2550346895d9fb275/html5/thumbnails/17.jpg)
www.EdExcelencia.org