Scholarship Examples

Below we have attempted to provide some scenarios to give you an idea of how an NSTEP scholarship could help defray the costs of your Hood education. Every financial aid situation is different, of course, so these are illustrations only. For information specific to your personal financial situation, please contact Hood’s Financial Aid Office [mailto:finaid@hood.edu] or call them at 301-696-3411.

Scenario #1 – Transfer Student, On-Campus

Family Income: $38,000
Family of five, one student in college

Tuition and Fees$37,960
Est. Room and Board$16,880
Cost of Attendance$54,840

Before NSTEP

SourceFallSpringTotal
Leader Scholarship$7,480$7,480$14,960
Outside Scholarship$1,000$1,000$2,000
Federal Pell Grant$2,960$2,960$5,920
Maryland State Grant$1,150$1,150$3,000
Federal Direct Subsidized Loan$2,215$2,215$4,150
Federal Direct Unsubsidized Loan$1,000$1,000$2,000
Total$16,190$16,190$32,380
Estimated Family Cost$11,230$11,230$22,460

After NSTEP

SourceFallSpringTotal
Leader Scholarship$7,480$7,480$14,960
Outside Scholarship$1,000$1,000$2,000
Federal Pell Grant$2,960$2,960$5,920
Maryland State Grant$1,150$1,150$3,000
Federal Direct Subsidized Loan$2,215$2,215$4,150
Federal Direct Unsubsidized Loan$1,000$1,000$2,000
NSTEP Scholarship$9,000$9,000$18,000
Total$25,190$25,190$150,380
Estimated Family Cost$2,230$2,230$4,460

 

Scenario #2 – On-Campus Student

Family Income: $84,000
Family of three, one student in college

Tuition and Fees$37,960
Room and Board$16,880
Cost of Attendance$54,840

Before NSTEP

SourceFallSpringTotal
Founder's Scholarship$9,350$9,350$18,700
Honors Program Scholarship$1,000$1,000$2,000
Federal Direct Subsidized Loan$2,136$2,136$4,272
Federal Direct Unsubsidized Loan$1,114$1,114$2,228
Total$13,600$13,600$27,200
Estimated Family Cost$13,820$13,820$27,640

After NSTEP

SourceFallSpringTotal
Founder's Scholarship$9,350$9,350$18,700
Honors Program Scholarship$1,000$1,000$2,000
Federal Direct Subsidized Loan$1,086$1,086$2,172
NSTEP Scholarship$9,400$9,400$18,800
Total$20,836$20,836$41,672
Estimated Family Cost$6,584$6,584$13,168

Scenario #3 – On-Campus Student

Family Income: $5,000
Family of five, two students in college

Tuition and Fees$37,960
Room and Board$16,880
Cost of Attendance$54,840

Before NSTEP

SourceFallSpringTotal
Founder's Scholarship$9,350$9,350$18,700
Federal Pell Grant$2,960$2,960$5,920
Federal SEOG$500$500$1,000
Hood Grant$3,260$3,260$6,520
Hodson-Gilliam Scholarship$1,000$1,000$2,000
Honors Program Scholarship$1,000$1,000$2,000
Total$18,070$18,070$36,140
Estimated Family Cost$9,350$9,350$18,700

After NSTEP

SourceFallSpringTotal
Founder's Scholarship$9,350$9,350$18,700
Federal Pell Grant$2,960$2,960$5,920
Federal SEOG$500$500$1,000
Hood Grant$3,260$3,260$6,520
Hodson-Gilliam Scholarship$1,000$1,000$2,000
Honors Program Scholarship$1,000$1,000$2,000
NSTEP Scholarship$9,350$9,350$18,700
Total$27,420$27,420$54,840
Estimated Family Cost$0$0$0

Scenario #4 – On-Campus Student

Family Income: $210,000
Family of five, two students in college

Tuition and Fees$37,960
Room and Board$16,880
Cost of Attendance$54,840

Before NSTEP

SourceFallSpringTotal
Founder's Scholarship$9,350$9,350$18,700
Hood Supplemental Grant$1,000$1,000$2,000
Total$10,350$10,350$20,700
Estimated Family Cost$17,070$17,070$34,140

After NSTEP

SourceFallSpringTotal
Founder's Scholarship$9,350$9,350$18,700
Hood Supplemental Grant$1,000$1,000$2,000
NSTEP Scholarship$5,122$5,122$10,244
Total$15,472$15,472$30,944
Estimated Family Cost$11,948$11,948$23,896

NSF.jpegThe Hood Noyce STEM Teacher Education Partnership (NSTEP) program is funded by the National Science Foundation’s Robert Noyce Teacher Scholarship Program (DUE 1660640). For more information on Hood's NSTEP Program, contact us at nstep@hood.edu.