Faculty Support Professional’s $1,000 No Essay Scholarship And Award Analyzer Replace – Faculty Support Professional


We needed to share a fast replace with our households on our $1,000 No Essay Scholarship contest that closed at first of April.  

Thanks to everybody who took the time to add monetary assist award letters.  We sincerely hope that our award analyzer offered both affirmation that you simply obtained the most effective deal, or added perception into doable enchantment alternatives.

How Did You Qualify for the No Essay Scholarship?

Simply as a reminder, to be entered into the $1,000 No Essay Scholarship you had been required to add a monetary assist award letter from one of many faculties or universities you had been accepted to for the 2023-2024 faculty yr.  You possibly can add as many award letters as you needed. Every uploaded award letter was a separate entry. The extra award letters you uploaded to your MyCAP account, the extra probabilities your identify was entered into the competition.

Information on Enchantment Uploads

Our Consider & Enchantment functionality was added to the MyCAP platform at first of March.  Throughout our No Essay Scholarship contest we had over 1000 award letters uploaded! We’ve had 441 households add award letters since we launched this instrument. Nearly 1300 whole awards had been uploaded to our platform for the 2023 admissions cycle, and 81% of these got here in throughout our contest interval. WOW! We’re excited to see this revolutionary characteristic assist so many households throughout the appeals course of.

Function of Award Analyzer

One of many major causes we created the award analyzer and Consider & Enchantment functionality was to empower and educate our households. The monetary assist course of is nuanced, complicated, and ever altering.  We really feel that if we are able to train and present you how one can perceive and interpret your monetary assist awards, you may make assured selections. 

How Does It Actually Assist?

To know how the award analyzer actually helps, let’s begin at first.

  • On the MyCAP platform we require your profile to be stuffed out 100%. This implies you’ve entered your monetary info, household info, and your pupil’s grades and take a look at scores (if relevant.) This enables our software program to calculate your EFC (Anticipated Household Contribution.) 
  • Your EFC is used to guage any need-based assist you might be eligible for at every faculty you might be contemplating (or importing monetary assist letters from.)
  • Our software program calculates your potential need-based assist by subtracting your EFC from the Sticker Value or Value of Attendance marketed on every faculty tile that’s in your dashboard.
  • Then appears on the proportion of want met by the college AND how a lot of that want is met via grants versus loans to provide you a possible need-based grant quantity.
  • Our software program additionally shares a possible benefit award quantity that you could be obtain primarily based in your GPA and/or take a look at scores and what every faculty gives in computerized scholarships.
  • As soon as you might be armed with this info you possibly can examine it to your award letters to see if the faculties are providing you a similar quantity that we anticipated them to.
  • Whenever you add your letter to our platform we are able to additional analyze it for you.
  • We have a look at how every particular colleges sometimes approaches monetary assist, for instance:
  • Our award analyzer will then present the distinction between our anticipated first yr web price and the college’s award letter first yr web price
  • We’ll share doable elements that will contribute to a profitable enchantment primarily based in your particular household scenario and the way the college sometimes handles monetary assist.
  • And eventually, we share what we predict your odds are for a doable enchantment starting from low to very robust (Please keep in mind, we are able to NEVER assure a profitable enchantment.  That’s finally as much as the faculty or college.)

At this level, you’ve received the instruments and data to know that you simply’ve gotten the very best deal from the college, or you have got a chance for an enchantment. 

Should you used our software program and appealed to a school or college efficiently, we’d love to listen to your story!  Your success means the world to us. You possibly can share your story right here on our overview web page, or ship us an e-mail.

Now In regards to the $1,000 No Essay Scholarship Winner??

Proper! We haven’t forgotten – I promise!  We truly haven’t chosen our winner but.  We wish to share the good information LIVE so we might be spinning our Wheel of Names at our upcoming webinar on Paying and Borrowing For Faculty particularly for all of our Class of 2023 households!  Register right here and be a part of us on June 1, 2023 at 7PM ET. You would not have to attend the webinar reside to win the scholarship.

All of our names are already entered in our wheel, however we’d love so that you can be a part of us! It’s a win-win scenario. Ensure you know the ins and outs of how one can pay your upcoming fall faculty invoice AND be there reside for the scholarship award announcement!

Keep in mind, we’re right here to assist YOU. We wish to see your loved ones get the very best deal for faculty! The awards analyzer and Consider & Enchantment part of our MyCAP software program is a technique we may help. Our finish aim is to be sure to are comfy, assured, and enthusiastic about your youngster’s subsequent steps for faculty. And for us, meaning you’ve made fiscally accountable selections in order that paying for faculty isn’t a burden.



Simple strategies to Use MyCAP’s Award Analyzer – Is Your Financial Help Provide Worth Fascinating? – College Help Skilled


Hey Seniors! Congrats on making it to the ultimate semester of highschool!  You’re almost achieved with this chapter and prepping for the next one- COLLEGE!

First congrats on getting into your faculties! YAY! That’s an unlimited accomplishment and should be celebrated.  Now lets try your financial help award letters and see in case you got the right deal in your preliminary affords, or in case you must enchantment any of your affords.

Create a MyCAP Account (for FREE!)

The only means to do this is through your MyCAP account.  Within the occasion you don’t have an account however, chances are you’ll organize a FREE account proper right here.  The free mannequin will will allow you to add 3 colleges to your dashboard and add financial help award letters from these three colleges.

In case you will have larger than three letters that you just simply wish to add and analyze, chances are you’ll enhance to one among our paid variations.

Using the Translate & Look at Perform  in your MyCAP Dashboard

1. Click on on on the Translate & Look at tab on the left hand side of your dashboard. You’ll notice this show.

2. Click on on on Add Provide and kind the determine of the faculty whose financial help award letter you want to add into the sector.

3. That’s the subsequent show that will pop up.  It is asking you so as to add your award letter.  Remember to have your letter saved as a pdf, jpg, or png file. Click on on Select file and add your financial help award letter out of your computer.

With out this add we are going to’t analyze your financial help award letter!

4. While you add your letter, you’ll discover the file uploaded to your profile and blue subject beneath it says Translate Provide Letter.

5. Click on on on the Blue Translate Provide Letter and you’ll discover this show whereas your letter interprets.

6. As quickly because the interpretation is full you’ll discover one among two show selections.

This show displays that you just simply had a worthwhile add.  Our software program program experience was ready to be taught the numbers and translate them.  Be at liberty to on a regular basis double confirm that the numbers had been inputted appropriately by evaluating what’s in your provide letter to the numbers listed on the show.  You presumably can go in and manually edit these.

If our software program program experience was not ready to translate your uploaded letter, you’ll discover the following show. No should stress though- you might need two selections.  First, in the event you want to finish this correct now, shut this show and chances are you’ll manually enter all the information out of your award letter into the appropriate courses on the Translate & Look at net web page.

You’ll want to guarantee now now we have the correct Worth of Attendance listed; if not exchange that to what your award letter states.  Then enter any need-based grants, or merit-based scholarships the faculty has awarded you. Enter any Backed or Unsubsidized mortgage portions the faculty has supplied. Lastly save your show.

Within the occasion you don’t want to manually enter the information, anyone from the MyCAP crew will consider your award letter and exchange your Translate & Look at show to match your award letter and notify you by e-mail after they’ve achieved the consider.

As quickly as this step is full you’ll discover your faculty is uploaded into the Translate & Look at tab.  You’ll notice  your remaining worth for the upcoming faculty 12 months in daring numbers.  That’s amount relies in your financial help award letter that you just simply merely uploaded. Subsequent step – the Contemplate & Enchantment tab.

Evaluating Your Uploaded Provide

Sooner than our award analyzer can effectively take into account your provide you need to simply be certain you will have:

  1. Added the faculty to your Dashboard beneath the Retailer for Faculties tab
  2. Completed your profile to 100%


Within the occasion you haven’t achieved these, your award provide shouldn’t be going to be analyzed.


Should you click on on in your Contemplate & Enchantment tab, you will note your uploaded and translated award letter.


Proper right here you’ll discover the first amount that is in daring is the net worth for the upcoming 12 months in line with your financial help award letter.

The next amount is what our MyCAP software program program projected to be your net worth for the upcoming 12 months.

And finally, you’ll discover the excellence between these two numbers.  We moreover share some knowledge on why an enchantment may be warranted.

  1. Amount Awarded
  2. Methodology
  3. Family Consideration
  4. Distinctive Circumstances

All of these will rely in your explicit family situation and your award provide. You obtained’t primarily get all of these parts for each provide.

Lastly we’re going to let you already know your possibilities on an enchantment.

We hope this new perform helps you analyze your awards and actually really feel additional assured about transferring forward with an enchantment at positive colleges and why an enchantment may be warranted. 



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