My D has been nominated as a Wofford scholar. She barely made the min. requirements with a 26 ACT and class rank of 34/340 at public HS. Weighted GPA of 4.5.
Can anyone give me a ballpark idea of what type of scholarship offer will be made, if any, based on their experience? Is there another thread I should post this question on?
Your daughter should do fine; most kids I've heard of got around $25,000 to $30,000 a year. My son, however, did not (he was a Wofford Scholar for Early Decision). He received a $10,000 scholarship that had nothing to do with Wofford Scholars and some financial aid that would total $33,000/yr (dependent on us getting some Stafford loans, of course). My husband has been unemployed since July and, truthfully, I think that hurt us with scholarships. It seems the kids who don't require aid get the largest scholarships (go figure). So, if and when my husband finds employment, we'll be stuck with an astronomical tuition bill.
I don't know if he'll be going to Wofford. I have to say I'm disappointed in how the scholarships were handled and how money was distributed. It's my son's first choice and he didn't apply ED anywhere else (despite my urging), so I don't really know what he'll do.
not sure I agree that they give out scholarships that way. My child had high stats and financial need, received $27,000 in scholarship along with grants & aid. High SAT/ACT scores = high scholarship money at Wofford.
Well I am sorry you felt I was being rude. My point it simple, the Wofford Scholar nomination requires an SAT score of 1200 or ACT score of 26 as a minimum. Of the many students that I know that have received the award and received scholarships from this award - the ones at the top of the SAT range are the ones that receive the higher dollar amounts, simply stating the facts as I know them.
Forgot to mention my daughters SAT's were 1220, and EC's were very good.
Her Wofford Scholar offer is $10k. Given that she barely met the minimums to qualify, it's about what I expected (although I was definitely hoping for more), and a lot better than nothing!
She was also accepted at Furman, but they only offered $7k off of their $48k bill. She had her mind set on Wofford anyway and is planning on going there.
Does anyone know if there are any other avenues for getting additional scholarships and grants at Wofford, or is this it? I doubt I'll qualify for any need based assistance, but I plan on applying anyway.
you can always talk directly to the financial aid office to see if there is anything else they can do for you. I would also suggest looking into your local area scholarships and applying for those, you never know. South Carolina residents that meet qualifications of Palmetto Scholar get around $40,000 for 4 years and Life scholars get $20,000 for 4 years.
Thanks Bree & SCMom for the responses.
SCMom, I'll definitely take your advice with a phone call to the FA office and shop around for some local schoalrships. I live in NC which, unfotunately, isn't as generous to it's taxpayers as states like SC and GA. I'm not quite sure where all our "education lottery" money goes. I do have another child at a state school, so maybe my EFC will change enough to be a benefit.
The breakdown is below. Of the 35% of proceeds which is supposed to go towards education, the bulk is earmarked for pre-K programs, school construction, etc. Not a lot for scholarships. Although, it's already been raided by politicians in order to balance the state budget.
I was comparing NC to states like Georgia, where an in-state student bright enough to be accepted to Georgia Tech can basically go for free regardless of family income (merit based). I think Tennessee and SC have similar programs.
Seven percent is paid to retailers as commission.
Fifty percent is paid as winnings to lottery players.
Eight percent is cost-of-sales.
The remaining 35% goes to education proceeds, broken down as follows:
Before any proceeds are paid, 5% of the proceeds (1.75% of the total) goes to the Education Lottery Reserve Fund to be used when lottery proceeds fall short of the goal. This fund may not exceed US $100 million.
Fifty percent of the remainder of the education proceeds (16.625% of the total) goes towards the reduction of class sizes.
Forty percent of the remainder of the education proceeds (13.3% of the total) is used for school construction.
Sixty-five percent of this total (8.645% of the total) is distributed based on school enrollment.
The remaining 35% (4.655% of the total) is distributed to counties with effective county property tax rates above the state average based on school enrollment.
Ten percent of the remainder of the education proceeds (3.325% of the total) are distributed for college scholarships, to be used with the federal Pell Grant.
Some info. that I think you are already aware of.......
I just spoke to a student who was a Wofford scholar at this time last year. She was offered $20k per year. She was torn between Wofford (her 1A choice) and her true #1 choice. She wrote a letter and asked for more time to think it over. She was deferred until the regular decision deadline and her final offer was less than the original offer. She wound up turning it down and is now a freshman at her #1 choice.
I sure hope it works out for your son, especially if Wofford is his top choice.