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Thirty Iowa Seniors Receive College Scholarship from Nonprofit

Iowa High School Seniors Each Earn $2,000 for Demonstrating Financial Know-How

April 26, 2016

High school seniors from across the state earned $2,000 for college while learning important financial literacy skills through the 2015–2016 Iowa Financial Know-How Challenge: Senior Scholarship sponsored by Iowa Student Loan®.

More than 4,300 Iowa high school seniors registered for the scholarship between November 2015 and March 2016. Of those, more than 2,200 completed two online financial literacy tutorials and a related assessment to qualify for one of 30 scholarships. The 30 winners were those who scored highest on the assessment and, because of a tie for top scores, received the highest scores on an independently judged essay.

"High student loan debt levels are a legitimate concern," said Christine Hensley, chair of the Iowa Student Loan board of directors. "The scholarship is a great way to expose high school students to the concepts of minimizing debt and making responsible borrowing decisions right at the time they are making college decisions. We hear from parents every year that the process of experiencing our online tools as part of the scholarship qualification opens up enlightening conversations with their students."

The tools, along with tips that registered students received by email through the scholarship period, are designed to help students avoid the pitfalls of heavy student loan debt, a continuing concern for college graduates in Iowa and nationwide, Hensley said. Student Loan Game PlanSM and the ROCI Reality Check were developed by Iowa Student Loan to help students understand the consequences of college borrowing and discover how to maximize their return on college investment, or ROCI.

"The [scholarship] was extremely insightful to just how many expenses there really are in college," said Ian Kubbe, an Ottumwa High School senior and one of the 2015-2016 recipients of the scholarship. "I strongly recommend this scholarship opportunity to any high school senior, not only for the financial benefit it provides, but also the helpful information about loans, college expenses and how to budget your money correctly."

"This year we expanded the scholarship program to award more students with more college funds and to recognize the role high schools play in educating their students about important college financing concepts," said Steve McCullough, president and CEO of Iowa Student Loan. "This initiative is a tangible aspect of our mission to help Iowa students and families successfully pay for postsecondary education."

Each recipient's high school also received a $500 award to improve or implement financial literacy and scholarship programs.

Program Future

Although details are not yet finalized, Iowa Student Loan anticipates offering the scholarship next academic year. More about the Iowa Financial Know-How Challenge: Senior Scholarship is available at www.IowaStudentLoan.org.

Scholarship Recipients

The following students each earned a $2,000 scholarship. Iowa Student Loan will send scholarship funds directly to recipients' colleges.

Student Name Student School Student Name Student School
Veronica Augustine West High School (Davenport) Brandi Miller Waverly-Shell Rock High School
Aaron Bertini Glenwood High School Kaylee Puttmann MOC-Floyd Valley High School
Jared Davis Hempstead High School Lindsey Reicks Solon High School
Crystal Eppling Le Mars High School Alexandra Reifert Wilton High School
Jason Fisher Nashua-Plainfield High School Bradley Ritter Baxter High School
Rebecca Fuhrmeister Pleasant Valley High School Rebecca Roberson Akron Westfield High School
Leah Gibbs Easton Valley High School Lauren Ronnfeldt Regina High School
Nicole Giesemann Bellevue High School Amber Snyder Wilton High School
Hailey Gross West Central Valley High School Alexandria Sturtz North Polk High School
Jenny Ha Linn-Mar High School Jordan Thomas Southeast Polk High School
Alexander Hall East Mills High School Sarah Todd Columbus Community High School
Ian Kubbe Ottumwa High School Jack Turner Dowling Catholic High School
McKenna Lloyd Xavier High School Cierstynn Welcher Van Buren High School
Lindsay Mahaney Bishop Heelan Catholic High School Carter Wolf Southeast Polk High School
Nathan Maughan Albia High School Sarah Zelle Linn-Mar High School

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Media Contact

Megan Garrett, Corporate Communications & Media Relations, (515) 273-7145, mgarrett@studentloan.org

Additional Resources

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