GAINESVILLE, FL. (EEF News) – Nasseeka Denis, Program Manager, hosted an event at Eastside High School titled “Financing Your Education” to break down the Free Application for Federal Student Aid, Financial Aid Awards, including grants and loans, and Satisfactory Academic Progress. Denis encouraged the students to apply for scholarships.
“I had the opportunity to speak with over eighty-five 9-12th grade students at Eastside. Our session covered different avenues students could pay for school. From understanding the importance of completing their FAFSA to the different types of loans. Students had the opportunity to learn and ask great questions about paying for their education. It was great to have many 9th and 10th-grade students because it’s never too early to learn about this topic. Thank you to Mrs. Thomas-Armstrong for making this all possible and to all the teachers and students who participated!”
The students were also invited to ongoing virtual workshops to continue assisting them with completing scholarship applications.
Here are the facts:
- Black and African American college graduates owe an average of $25,000 more in student loan debt than White college graduates.
- Four years after graduation, 48% of Black students owe an average of 6% more than they borrowed.
- Black and African American student borrowers are the most likely to struggle financially due to student loan debt making monthly payments of $289.
- 54% of all student loan debt is held by White and Caucasian student borrowers.
- Asian college graduates are the fastest to repay their loan debt and the most likely to earn a salary that exceeds their student loan debt balance.
Hanson, Melanie. “Student Loan Debt by Race” EducationData.org, January 16, 2023,
https://educationdata.org/student-loan-debt-by-race
If you want an in-person or virtual presentation at your organization, please get in touch with us at hello@educationequalizers.com. It’s college scholarship season; let’s work together to help our kids avoid debt.
EEF About Us
The Education Equalizer Foundation works with middle through high school students and their families to demystify the college admittance process and provide scholars with the necessary tools to graduate.
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