Ten Iowa High Schoolers Each Receive $1,000 for College
Determining Total College Cost Pays Off
May 18, 2020
Ten Iowa high school seniors recently had their names drawn to receive $1,000 for college 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 seniors, or their parents or guardians, were able to enter their information for the drawings after completing the College Funding Forecaster between March 16 and April 30, 2020. This free consumer education tool provided by Iowa Student Loan® uses information from students' freshman year financial aid award packets, as well as outside scholarships and grants and family savings and earnings, to project estimated costs, funding gaps and potential student loan debt over four years.
"Especially with all the uncertainty families of incoming college freshmen have faced over the past months, it's essential that they have a solid picture of how much an entire course of study costs," said Steve McCullough, Iowa Student Loan president and CEO. "This tool helps families lay out the four-year plan and see where the funding gaps are so they can adequately prepare."
More than 600 entries were received from all over the state, representing nearly 250 Iowa high schools. The ten winning high school seniors had their names randomly drawn by an independent third party to each receive a $1,000 scholarship award to the colleges they will attend this fall.
The following students will each receive a $1,000 scholarship. Iowa Student Loan will send scholarship funds directly to winners' colleges.
- Kara Albrecht, Le Mars High School
- Kaylee Foth, Marshalltown High School
- Clayton Garmon, Davis County High School
- Matt Hellige, Holy Trinity High School
- Katie Jensen, Kennedy High School, Cedar Rapids
- Isaac Kirchner, Ridge View High School
- Mitchell Raber, Clear Lake High School
- Kaylee Sartell, Southeast Polk High School
- Breanna Vermeer, Bettendorf High School
- Keegan Zimmerly, Independence High School
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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Christopher Weishaar, Digital PR Specialist, (515) 273-7102, email@example.com