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Iowa Students Receive Monetary Awards for Educational Expenses While Learning to Plan for Total College Cost

Aug. 9, 2017

Twenty-two new Iowa high school graduates recently received monetary awards to help cover educational expenses after they or their families completed a free online tool to estimate the total cost of a four-year undergraduate degree.

Iowa high school students, and their parents or guardians, were able to enter their information for the drawings after completing the College Funding Forecaster between March 13 and June 9. This free consumer education tool provided by Iowa Student LoanĀ® uses information from students' freshman year financial aid award packets, as well outside scholarships and grants and family savings and earnings, to project estimated costs, funding gaps and potential student loan debt over four years.

Twenty 2017 Iowa high school graduates met the requirements to claim weekly awards of $250 for education expenses. They are:

Student NameCity
Alexandra BurkenBlue Grass
Sierra MillerBoxholm
Kamryn SmithCentral City
Joseph LaboskyCresco
Rachel LuongDavenport
Nathan StelkenDyersville
Morgan FannonEdgewood
Kelli DenlingerHoly Cross
Landon WoldLe Mars
Rowan MeyersMason City
Joshua VandenBergMason City
Lily LindleMcCausland
Catherine KlostermannNew Vienna
Mya McAlpinNorwalk
Brandt BarnhartRobins
Kamryn SchlagSergeant Bluff
Mallory McQueenSheldon
Dreycen FoilesSibley
Calvin KellerSioux City
Megan JohansenUrbandale

In addition, two students' names were randomly drawn by an independent third party to each receive a $1,500 scholarship award to the colleges they will attend this fall.

Student NameCity
Rita TewoldeCedar Falls
Tioano MorelMuscatine

"We congratulate the students who received the awards," said Steve McCullough, president and CEO of Iowa Student Loan, "but we also want to recognize all the families that are taking steps to understand and prepare for the full cost of college. The College Funding Forecaster helps families understand total expenses beyond the first year, when one-time scholarships and grants may no longer be available to offset some costs."

The College Funding Forecaster is available online at www.IowaStudentLoan.org/Forecaster. The tool allows families to customize both expenses and available funding to adjust results for changes in students' situations over the four years. The results show yearly and total estimated costs of attendance, available funding and projected funding gaps. The tool also provides informational tips on how to reduce costs and potential debt.

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Media Contact

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

Additional Resources

Download the PDF version of this news release.

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