Ramp-Up to Readiness

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Students will be able to cover the cost for one term of study at a postsecondary institution through savings, loans, work-study and financial aid.

A student who has reached this goal can:

• Create a budget and make decisions based upon it
• Identify the current and projected cost of study at each of the main types of postsecondary institutions in Minnesota
• Explain the major ways that families cover the costs of postsecondary education
• Outline the level and type of financial assistance that the student is likely to receive at the type of postsecondary institution that he or she is likely to attend
• Complete the process of applying for needed financial aid
• Produce a realistic plan to cover the cost of at least the first term of study at the postsecondary institution of the student’s choice through savings, employment, loans, grants, scholarships and other means

Milestones

Our Financial Readiness Milestones page lists specific milestones for this goal in each year of the Ramp-Up to Readiness program.

Connections to the American School Counselor Association (ASCA) National Standards for Students

The role of a school counselor includes providing post secondary planning and helping with the application process. Specific standards that address financial readiness include:

• Career Development Standard C:A1.7: “Understand the importance of planning”