News

Economic Department to host Two Part Twitter Town Hall on May 8, 2017

May 3, 2017

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PRONG 1: COLLEGE READINESS EXPERIENCES AND RESOURCES

OBJECTIVE: Two Part Twitter Town Hall where students share their experience with financing college and then discuss how they manage their expenses and debt while in school. Resources will be provided to help those applying for college and help those students already in college to stay financially afloat.

TOPIC ONE: COLLEGE AFFORDABILITY
Tell us how you are paying for school. What type of outside funding do you use? Are you relying solely on federal

aid? What was your experience with scholarships and grants?tw_th

RESOURCE: WELLS FARGO’s Get College Ready PDF https://welcome.wf.com/get-college-ready-tracker/

  • Federal Aid and importance of filling out the FAFSA
  • Apply for scholarships
  • Estimate and compare your total college costs
  • Determine if you need additional money for college Hall
  • Explore additional college financing options

SUBTOPIC: “TYPES” OF MONEY AVAILABLE FOR SCHOOL:
There are a few ways to finance your education; knowing the various methods will allow you to seek the
that are most fitting to your financial situation. There are also differences in the types of loans that will be made available to you. In order to select the best path you must be knowledgeable of all of the different pathways.

RESOURCE: http://www.consumerfinance.gov/paying-for-college/compare-financial-aid-and-college-cost/technote/

  • Pell grants
  • Military tuition assistance
  • GI Bill
  • Perkins loans
  • Subsidized loans
  • Unsubsidized loans
  • PLUS Loans
  • Loans from your school
  • Private

PRONG 2: MANAGING DEBT AND FINANCES IN SCHOOL

TOPIC ONE: COLLEGE AFFORDABILITY

Let’s talk about managing your finances and school expenses. Do you know the terms and conditions of your loans? Are you receiving enough funding to cover your school expenses? What resources do you wish you had early in your college career?

NERDWALLET STUDENT LOAN CENTRAL:

https://www.nerdwallet.com/blog/student-loan-central/

  • Interest Rates and Principal
  • Private vs. Federal Loans
  • Making Loan Payments
  • Loan Servicers
  • Consolidation vs. Refinancing Grace Periods
  • Taxes and Student Loans

How to Prepare for Your Viewing Party:

  • Reserve/choose space to host party
  • Ensure 20 participants at viewing party
  • Order pizza, snacks, drinks for May 8th 5-6PM
  • Ensure twitter capabilities of your attendees
  • Complete pre/post survey
  • Complete online sign in (link will be disseminated prior to event)
  • Respond to Town Hall tweets with questions and comments by following event hashtag
  • Use event hashtag and tag @NAACPecon in tweets
  • Take group selfies with event hashtag and tag @NAACPecon
  • Submit Check Request to NAACP Econ Dept for reimbursement (instructions will be sent to participating chapters)
  • Electronic Giveaways will be dispersed to selected viewing parties

Downloads:

Twitter Town Hall Toolkit-2.pdf

Twitter Town Hall Promo

Economic RFP & proposal Form April

Twitter Town Hall Post Survey