A report on HES Extension programs
serving Missouris families and communities
There was a good attendance
at the Financial Aid Workshop for parents and students planning to attend college. The
Licking Personal Finance Class sponsored the workshop. Chris Beaugard HES Specialist
presented information on college costs, grants, and scholarships to 55 parents and
the ins and outs
understands firsthand the frustrations
parents go through to prepare financially for a child's post-secondary education. A mother
of two college students, Bozworth developed a program, When Saving Is Not
Enough, to help families prepare for a child's education after high school.
Few parents save enough to cover the full cost of
sending their children to college or another type of post-secondary institution, she
said. The world of financial aid has changed a lot since parents of today's students
went to college.
The program helps parents understand how the
student financial aid program works in the United States and in Missouri. Bozworth, a
University Extension consumer and family economics specialist in the west central region,
developed the program in 1996 when she was a state specialist.
She said the program targets students and families in more rural
areas of the state. University representatives often do not have the budget or time to
travel to many high schools in outlying areas. A team of regional specialists, including
4-H youth specialists and consumer and family economics specialists, presents the two-hour
workshops in collaboration with high school guidance counselors.
A pilot program in the east central and south
central regions preceded the statewide program. The curriculum was presented during nine
pilot workshops to more than 350 parents and students. Through evaluations, participants
were positive about the financial information they had learned at the workshops, said
|Chris Beaugard, the consumer and
family economics specialist in the south central region, presents about 10 workshops, that
reach 300 people annually. He said the program is for anyone, not just students planning
to attend a four-year college.
education includes junior colleges and technical schools.
We give them a lot to take home, but
they are appreciative of all of it, he said. They like the fact that we do not
represent a certain school and are giving them unbiased information. This program also
gets them thinking about financial aid and higher education early on instead of
procrastinating. Many have mentioned that they wish they had this information years ago
when their other children were going to college.
During a workshop, participants are given
information ranging from the costs of attending college to a sample student budget to ways
to get more information on scholarships. Beaugard said parents are most surprised about
the high cost of a college education and the vast amount of available financial aid. Many
are unaware that they can file for aid with estimated tax information, so they can get
their application in early.
Five colleges had
representatives at the Financial Aid workshop presented by the Licking Personal Finance
Class through FHA. Pictured above are: Chris Beaugard, principle speaker and Consumer and
Family Economics Specialist; Donna Bassham, Coordinator of Financial Aid, SMSU-West
Plains; Ron Stone, Site Director, Central Texas College; Karen Matlock, Coordinator SFA
UM-Rolla; Phillip W.W.D. Rodgers, Director of Financial Aid Lincoln University; and Kelly
Ingram, Financial Aid Director, Rolla Technical Institute. Other colleges and Universities
sending information were: UM-Columbia, SMSU-Springfield, College of the Ozarks, and Drury
|They also find that
putting more people in their household into college may actually increase their financial
aid award to the point that it is cost effective for a parent or spouse to go back to
college, he said.
To help reduce
the stress of meeting application deadlines, Beaugard recommends that students write a
one-page outline or explanation of their goals. He said that if they get an opportunity to
apply for a scholarship at the last minute, this will reduce the stress and may help them
to think better.
For the most part, they like the idea
that this gets them thinking ahead and planning for their children's education, he
Applying early is important, Bozworth explained,
because many schools award aid as the applications come in and until the funds are gone.
Because items such as a house, cars and computers do not count as assets on applications,
middle- to upper-income families can qualify for aid as well.
Over 50 percent of financial aid comes from
the government, she said. It's such a shame if families don't take advantage
|Impact Table of Contents
HES Extension Site Administrator