Category Archives: Uncategorized

mom approved tips, Uncategorized

Mom-Approved Tips: The Truth about College

 

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truth about college

During our student’s senior year of high school we live in a bubble. All sights are set on one goal—getting into college. Students and parents focus on college selection, college applications, financial aid forms, and then we wait. We wait for the offers of admission to come pouring in and then we compare financial aid packages and help them pack their bags for college.

But wait. Is it really that simple? Hardly. Most parents would say it’s anything but simple; it takes work, commitment and perseverance on both parts—parents and students. Before your student sends off those applications, you should know the truth about college.

Acceptance doesn’t mean graduation

Did you know that graduation rates differ wildly from school to school. About 400,000 students drop out of college each year. When you research the college, look up their graduation rates. Low rates could send up a red flag. True, graduation rates don’t determine the quality of a degree. Yet students who start college but don’t finish are typically no better off than those who never even started, and in some cases might be worse off, if they took on debt.

I owe, I owe, so off to work I go (if they can find a job)

Even if your student graduates, it’s no guarantee they will secure a job; at least not one that will pay enough to cover too much student loan debt. Having that conversation about college costs should be a priority before they apply.

According to the College Board and other statistical resources student loan debt among graduates is at an all-time high:

•As of Quarter 1 in 2012, the average student loan balance for all age groups is $24,301.  About one-quarter of borrowers owe more than $28,000; 10% of borrowers owe more than $54,000; 3% owe more than $100,000; and less than 1%, or 167,000 people, owe more than $200,000.

•In 2010‑11, about 57% of public four‑year college students graduated with debt. They had borrowed an average of $23,800 (in 2011 dollars). About two‑thirds of those earning bachelor’s degrees from private nonprofit institutions had debt averaging $29,900.

Be cautious about student loans and if at all possible avoid them.

Will they stay, or will they go?

As many as one in three first-year students don’t make it back for sophomore year. The reasons run the gamut from family problems and loneliness to academic struggles and a lack of money. If schools you’re considering have a low freshman retention rate, you’ll want to ask the admissions office why. Some colleges do a great job of taking care of their freshmen; some don’t. That’s why it’s important to look at these rates when making college choices.

It’s a jungle out there

Even if you and your student do everything right, there’s going to be bumps in the road. They will call complaining of roommates, homesickness, and frustration with their classes. The best thing to do is listen and know that most times, those complaints get less and less and they eventually cease after they have settled in. Don’t be surprised if this happens to your bright, self-sufficient independent student. Just one word of advice—fight the urge to rescue them. It’s time they learn to fight their own battles.

 

giveaways, Uncategorized

Giveaway: Backblaze Online Backup

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backblazeWhen I attended Blogher13, I stopped by a booth promoting an online backup service: Backblaze. I liked what I heard and wanted to try the service. After returning home, with coupon code in hand, I began backing up my laptop; something I had never done before. I should have known better, especially as a self-imposed geeky type, but we all think it will never happen to us–the inevitable computer crash. I have to confess it’s happened to me before and my computer was not backed up. So you imagine my excitement when I got the opportunity to test drive this product.

What do I like about it?

It runs in the background after initial installation and you don’t have to worry about it. You can schedule it to automatically backup or you can manually do it when it’s convenient (although I would not recommend this option–you might forget to do it!). The best thing about it is that it’s not being backed up to a physical hard drive, but is encrypted and sent to an external server that you can access from your computer or any mobile device. Your data is always accessible.

Locate My Computer

Another perk of this backup program is it allows you to locate your computer. Why would you need that option–how can you lose your computer? Consider this scenario. Your college-bound teen heads off to college with his new trusty laptop. Two opportunities might arise that he might need the “locate my computer” option. Forgetful as they are, students have been known to walk off and leave their computers. It happens. Or their laptop or computer might get stolen out of their dorm room and with this perk, you can locate it’s whereabouts using the “map this” option, and download all files before it’s ever recovered. This could save you thousands of dollars of replacement cost and stressful nights and days over papers, class notes, pictures and other documents stored on the computer.

BACKBLAZE

Giveaway

Backblaze is providing me with a coupon code for one year of backup service to one lucky parent or student. Just enter the giveaway below as many times as you like to increase your chances.

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Scholarship Friday, scholarships, Uncategorized

Scholarships Friday: What are the odds?

 

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scholarships

Most students hope for some sort of scholarship for college. Few are able to pay for the entire four years. Parents dream of getting that letter in the mail that says, “Congratulations, you have won a full ride for four years.” It happens, but it’s not the norm. The students who receive scholarships work hard and spend time searching and applying.

What are the odds?

Not everyone is going to win a scholarship. According to the 2007-08 National Postsecondary Student Aid Study (NPSAS), about 1 in 10 students enrolled full-time at 4-year colleges used scholarships to pay for their education, and the average amount was about $2,800. That sounds depressing and might cause you to think why bother; but keep reading to the bottom of the article for some hope and encouragement.

Athletic Scholarships

You will hear parents brag that their student is an athlete so they aren’t worried about scholarships; their student will get a full ride athletic scholarship.

Statistics rarely lie. And unfortunately, the numbers show that the recruiting game is a tough process to go through. There are more than seven million high school athletes, but there are college roster spots for just two percent of them. Getting to the NCAA Division I level is even tougher. Just one percent of those seven million student-athletes get a full ride to a Division I program. The recruiting process takes work, and earning an athletic scholarship is far from easy. It’s better to focus your time on academics, where your changes for a merit based scholarship are greater.

Here’s an infographic to demonstrate the point: Athletic Scholarship Statistics.

Here’s a chart that lists which athletic scholarships are available, how many, and the award amount: Scholarship Stats

It’s not all bad

Each year rumors and speculations arise around the topic of scholarships. You will hear statements like: there’s no way I will qualify so why bother applying; there are millions of applicants so I won’t win one; if you aren’t an A student you shouldn’t even bother. All of these, of course, are not true.

Scholarship Experts talks about myth vs fact: Scholarship Facts you won’t believe

What are my chances?

The best answer I can give you is your chances are ZERO if you don’t apply. Do the work, follow the rules and apply for the right scholarships by using a matching search engine like Zinch. Think outside the box and apply for scholarships with the fewest applicants (like local ones), thus increasing your chances.

The simple adage applies with scholarship searches: no pain, no gain. It may take you time and require you to push your limits, but the reward is worth it.

 

FastWeb Refer A Friend Scholarship

Eligibility: Scholarships for high school studens, undergraduate students, and graduate students

Deadline: October 31, 2013

Amount: $500

$2,000 “No Essay” College Scholarship

Eligibility: Scholarship for current students and those planning to enroll within 12 months

Deadline: October 31, 2013

Amount: $2,000

$500 “Define Yourself” Scholarship

Eligibility: Scholarship for high school seniors, college freshmen, sophomores and juniors who plan on attending a 4 year college in fall 2013 and register on the site above

Deadline: October 31, 2013

Amount: $500

– See more at: http://www.discusawards.com/#sthash.Ga2orroP.dpuf

FastWeb Refer A Friend Scholarship

Eligibility: Scholarships for high school studens, undergraduate students, and graduate students

Deadline: October 31, 2013

Amount: $500

$2,000 “No Essay” College Scholarship

Eligibility: Scholarship for current students and those planning to enroll within 12 months

Deadline: October 31, 2013

Amount: $2,000

$500 “Define Yourself” Scholarship

Eligibility: Scholarship for high school seniors, college freshmen, sophomores and juniors who plan on attending a 4 year college in fall 2013 and register on the site above

Deadline: October 31, 2013

Amount: $500

– See more at: http://www.discusawards.com/#sthash.Ga2orroP.dpuf

FastWeb Refer A Friend Scholarship

Eligibility: Scholarships for high school studens, undergraduate students, and graduate students

Deadline: October 31, 2013

Amount: $500

$2,000 “No Essay” College Scholarship

Eligibility: Scholarship for current students and those planning to enroll within 12 months

Deadline: October 31, 2013

Amount: $2,000

$500 “Define Yourself” Scholarship

Eligibility: Scholarship for high school seniors, college freshmen, sophomores and juniors who plan on attending a 4 year college in fall 2013 and register on the site above

Deadline: October 31, 2013

Amount: $500

– See more at: http://www.discusawards.com/#sthash.Ga2orroP.dpuf

admissions, how to, Uncategorized

How to Understand EA and ED

 

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ea pr ed

EA (Early Action) and ED (Early Decision) have confused parents for years. Applying to college has become more competitive and more complicated. Years ago (long before my time), all you did was apply and everyone applied at the same time. But times have changed and so have college applications. If you break the terms down it’s easier to understand. I’ve turned to some experts to help you decipher the differences and understand the benefits and/or the downsides of applying EA or ED.

What is EA and ED?

The first comes from Patrick O’Connor, Associate Dean of College Counseling, Cranbrook-Kingswood School, and author of College is Yours 2.0:

Early Action: Also known as EA, colleges that offer this option promise a quick response if you submit a completed application by their early deadline. Students admitted EA don’t have to promise to attend the college; they just want to hear back sooner than usual. Students can apply as EA candidates to several colleges at the same time, as long as they are submitting a quality application that didn’t get thrown together at the last minute.

Restricted Early Action: Sometimes known as Early Action Single Choice, REA works much like Early Action, but the student is limited in the number of other colleges where they can submit early applications — and that number is often zero. Colleges do this for a number of reasons, but they most often want the student to show a special commitment to their college without having to promise to go there. This can reduce the number of students who apply early who aren’t really thinking about why the college is right for them , and still reward the students who feel a special bond to the school.

Early Decision: ED applications require a little more from students than EA applications. The process is the same — students submit a completed application by an early deadline — but if a student is admitted as an ED student, they promise to withdraw all other college applications at attend the college that admitted them ED. If this sounds like serious business, it is. Students should only apply ED to a college they absolutely, positively love, and cannot live without.

Read Patrick’s entire article on Huffington Post about how to determine if either of these is best for your student.

Tips for Potential ED/EA Applicants

Peter Van Buskirk, an acclaimed author and motivational speaker, excels at simplifying and demystifying what is often perceived as a complex and mysterious process—college admission. His creative programming, including his signature presentation of “The Admission Game®,” has informs parents and students about the ins and outs of the college admissions process.

Peter gives several tips for college applicants seeking EA/ED:

  • Read the fine print for each institutional offering and understand your commitments before initiating an early application of any sort.
  • Rather than looking for an “ED school,” focus on finding colleges that fit you well as you arrive at your short list of schools. If one of them becomes your absolute first choice, then ED should be a considered option.
  • Do not apply ED unless you are dead certain of your commitment to enroll if accepted.
  • Do not apply ED if you have not visited the campus first! Ideally, your visit will have included an overnight stay that enabled you to also attend classes and experience the campus culture.
  • Resist the temptation to act on impulse. The feelings you have for a college now might change greatly over time leaving you committed to a place that is no longer where you want to be. Give yourself at least a month to reflect on your intended application before applying ED.
  • Remember the ED Round II option. Many schools will give you the opportunity to “convert” your Regular Decision application during a second round of ED in January. The conditions are the same as with ED Round I, but you might be better prepared to make a commitment later in the year.
  • Resolve all $$ questions and concerns before applying ED. Once you are admitted, there can be no contingencies. Ask the school’s financial aid office to provide an “early estimate” of your expected family contribution (EFC) before you submit your ED application. Apply ED only if you are completely satisfied with the information you receive regarding your EFC.
  • Sprint to the finish! Even though you might hold an EA or ED acceptance letter, it is likely to be conditional on your completion of the senior at the same level of achievement that earned you the offer of admission. More than a few colleges are known to rescind offers of admission when final transcripts show performances that drop measurably after offers of admission are secured.

Read Peter’s entire article, Making Sense of ED/EA Options. for a look at the numbers, options and who benefits.

What is “rolling admissions”?

Schools with rolling admissions offer important options and opportunities that static deadlines don’t. Rolling admissions schools will accept and examine applications as they are sent in, instead of waiting to judge all applications concurrently. Schools with rolling admissions can be great for late admissions, or for finding out early on whether or not you are accepted, so you can change your plan accordingly.

Peterson’s provides an article about the Advantages and Disadvantages of Rolling Admissions.

What is regular admissions?

A discussion of EA and ED needs to include a discussion on regular admissions as well. Regular admissions require that the student submit their application before the application deadline (which is later than EA and ED). The advantage of this being that students have more time to prepare and have no restrictions on the number of schools they can apply to.

This pool of applicants is much larger and the competition for these slots will be more competitive. Colleges typically have lower admission rates for regular admission applicants.

College 101 provides a comparison table, which includes EA, ED, Rolling Admissions, and Regular Decision, to help decide which application deadline is right for you.

 

 

mom approved tips, Uncategorized

Mom-Approved Tips: Unsolicited Advice

 

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unsolicited adviceEllen Snortland, author and Huff Post blogger states it simply in an article about unsolicited advice:

What makes these mediocre meddlers, these know-nothing-nattering-nabobs of the obvious, these kings and queens of blah, blah, blah, think that anyone really wants or needs their cheap irksome advice? Do I have “Please give me your most recent lamebrained theory on what I should do” tattooed on my forehead?

You know who they are: parents who want to give you all kinds advice about which college your student should attend and what they need to do to go to Harvard. There’s nothing wrong with asking other parents who have been through the college process for help. If you’re a parent of a college-bound teen you’ve most likely encountered people like this. Everyone has a story and a complaint. Some are useful and valid; most are not. The key is asking–and trusting the advice you get.

Here’s a sample conversation between parents:

Parent 1: If you want your kid to be successful after graduation, they have to go to an Ivy League college.

Parent 2: I’ve heard the Ivies aren’t all that great.

Parent 3: Someone told me that it’s impossible to get into the Ivies if your student doesn’t have a perfect SAT score.

Parent 4: If you have a B student, their options are limited to state universities or community college.

If you analyze each of these parents’ advice, there is some truth in each of them. But without reputable advice they might lead their students in the wrong direction.

Should you listen to unsolicited advice?

I heard a college counselor talk about a popular college forum recently reminding parents that you can’t trust these anonymous comments. Parents have no way of checking the accuracy of the posts or the validity of the information on these sites. That’s not to say all of this advice is bad; but you should always verify the information with the experts. What’s good for one student, is not necessary the best path for yours. Be selective and investigative about all the advice you will most assuredly receive.

Is all college advice accurate?

No. Just like not everything you read on the internet is true. I love that insurance commercial that is driving the point that not everything you read online is true. Even if it’s posted in a college parent forum it might not be accurate. Sift through the useful information and throw out the babble. Before you take it as gospel, verify it with other sources.

Where can I get the best advice?

Common sense says you should look for advice from the experts. Who are these experts? These are college professionals and parent advocates whose advice and instruction have been endorsed by others in the field of college prep. Any advice devoid of these endorsements is advice you should take with the grain of salt.

It’s your responsibility as a parent college coach to sift through all of this unsolicited advice and verify the accuracy of all of it. Trust the experts who have been endorsed by other experts; if you do this the college admissions process will be more effective and less stressful.

 

Uncategorized

How to Compare Colleges

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Every Thursday I will be sharing my best “How To” tips for the college-bound. Don’t miss a single post by subscribing to my blog, or liking me on Facebook (https://facebook.com/parentcollegecoach).

______________

compare colleges
Scattergraph of  American Colleges and Universities

Today’s topic is timely because parents and students are in the process of narrowing down their college lists for this year’s application season. Just exactly how do you compare colleges and determine which colleges should make it on the final list?

College Visits

Hopefully you’ve made some college visits either in the spring of last year or over the summer. Fall is the best time to visit those colleges that are on the short lists–the ones your student sees himself attending. College visits are a key element in comparing colleges. Your student can use those visits to compare students, campus facilities and even professors and courses if they sit in on some classes while visiting. All those factors play an integral part in the college selection.

Statistical college comparisons

Of course, as with any large purchase, you should also do price comparisons. You should compare value, financial aid awards, size, location, rankings and majors. The best way to do this is with side-by-side comparisons. I recommend using these three programs:

College Navigator

The National Center for Education Statistics has a comprehensive site with all the data collected to quickly and easily compare colleges statistically. Unfortunately, due to the government shut down, the site is currently down. But bookmark the site and hopefully it will be back up soon with all the current data.

FindTheBest

FindTheBest gathers information and build the tools that people need to make sense of it all, from visual icons to smart filters to scatterplots. It’s the ultimate research hub for making informed decisions.The program provides you with their smart rank, acceptance rates, total undergraduate students, average SAT scores, and tuition. You can adjust the data by adding various parameters as well.

Zinch

Like other college comparison tools, Zinch provides you with the parameters for each college and allows you to pick and choose the ones that fit your student. But Zinch takes it a step further and matches students with the colleges and colleges recruit them if they are interested.

College Factual

Unlike other college ranking systems, College Factual serves as a decision-making hub throughout the entire college search process, sharing outcomes-based data such as average student loan debt per student and default rates; how well colleges retain and graduate students; graduates’ starting salaries and earning potential; and return on investment based on cost of a degree.

Input from current students and faculty

Some of the best comparison information you can gather comes from current students and faculty. Fortunately the internet has made it easy to connect with these people and get a first-hand impression from the ones who know–current students and staff. Here are just a few ways your student can connect:

  • CollegeWeekLive.com-This is a virtual college fair where students can speak via video conference to current students, admissions officers, and financial aid officers. These fairs occur throughout the year and if you sign up on their site you will get notifications.
  • Facebook and Twitter-Social media is one of the best places to find other students and connect with the colleges and interact.
  • YoUniversitytv.com-This site posts videos of colleges, and they are not your typical campus tours.
  • Unigo.com-On this site parents and students can connect with other students and read student reviews, ask questions of college advisors, and watch videos of the colleges.
  • YouTube-YouTube is a good place to see videos posted by students and the colleges themselves.
Using these tools to compare colleges will help you and your student gather the information to make those final colleges lists.
test prep, Uncategorized, Wednesdays parent

Wednesday’s Parent: Surviving Standardized Tests

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Wednesday’s child may be full of woe but Wednesday’s Parent can substitute action for anxiety. Each Wednesday Wendy and I will provide parent tips to get and keep your student on the college track. It’s never too late or too early to start!

Wednesday’s Parent will give twice the info and double the blog posts on critical parenting issues by clicking on the link at the end of the article from pocsmom.com to parentingforcollege and vice versa.

___________________

sat stressStandardized tests. Those two words or their acronyms are yelled, and screeched and treated with disdain in every college-bound household. Those two words cause fights, stressful days and nights, frustration over the teen’s lack of commitment, and absolute terror in the hearts of most college-bound teens. Nobody, and I mean nobody, likes taking tests.

Unfortunately for all of us, colleges use those tests to not only measure a student’s academic achievements, but to determine whether or not the student will be able to handle the rigorous academics of college. Whether your teen is taking the SAT, ACT, AP tests, or SAT subject tests it’s a given that fights will erupt. To quote a line from one of my favorite movies (The Devil Wears Prada), GIRD YOUR LOINS!

Parent Expectations

Parents expect their student to study hard, take practice tests, bone up on their vocabulary and prepare for the tests. They pay for tutors, use flash cards to drill them, and do just about anything to motivate them to do their best. Why? Because we know that the standardized tests will affect their college offers of admission.

But does any of this work? Not if your student isn’t invested in the game. I’ve talked to SAT tutors who tell stories of students barely paying attention, not trying and having a lackadaisical attitude about the test prep. All the test prep in the world won’t help if your student doesn’t see the value of preparation. You know  your student and you know what motivates them. Test preparation is just like any other activity–if they see the value of excelling, they will do their best.

Nancy Berk, author of College Bound and Gagged, sums up parent anxiety over standardized tests:

 

Student Expectations

If you don’t think your student is stressed about these tests, think again. Even the best students worry and fret about their scores. They have heard all throughout high school that the standardized test scores will make a difference on their college applications. Good scores = safety schools. Great scores = dream colleges. They know without you telling them the value of these tests.

Odds are, your student puts more pressure on themselves than you do. They may not show it and you may not see it but it’s there. Because they are stressed already, your stress level can make it even worse. They don’t want to disappoint you; they want you to be proud. If they sense you are anxious and interpret that as lack of faith in their ability, it makes it difficult for them to focus on the test.

What can you do to help? Remain calm and encourage them when you see them trying. Let them know that you expect them to do well but there’s no pressure on your part; test day will be much easier for them (and you).

College Expectations

Colleges, even if they say they don’t, use the standardized tests as a factor when considering students for admission. However, it’s not the only factor they use. Students with less than stellar test scores but stellar applications, often gain admission to their first choice college. Standardized tests are important, but they are not the most important component of the application. Colleges are looking for well-rounded students, not just brainiacs.

Putting too much pressure on the student to score high on these tests clouds the application process. In order to focus on the entire process, it’s best if parents and students look at the big picture. That means the essay, their academic record and their accomplishments play an integral roll in the application, just as the standardized test scores.

Stressing over tests just adds more stress in an already stressful process.

For more advice on surviving standardized tests, check out Wendy’s blog.

financial aid, Uncategorized

Making College Affordable

 

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It’s a confusing process–figuring out how to pay for college. Not only is it stressful, but it’s overwhelming trying to understand all the ins and outs of everything to do with financing a college education. Two women, Jodi Okun and Celest Horton, are doing something about it. In two separate projects, each of them is doing their part in making college affordable while graduating without debt or minimal debt.

A Parent’s Guide to Making College More Affordable

making college affordable

Jodi Okun has partnered with Zinch to create A Parent’s Guide to Making College More Affordable for the busy parent who wants straightforward and simple, yet thorough answers on how to navigate the confusing process of paying for college. Jodi has been working in the college financial aid industry for over six years. She began working at Occidental and Pitzer College in their financial aid offices helping thousands of families as a financial aid consultant. Jodi is also the founder of College Financial Aid Advisors, where she works closely with families to successfully navigate the financial aid process.

A Parent’s Guide to Making College More Affordable consists of the following content:

– Over 30 video lessons covering:

          • The cost of college including creating financial aid timelines & using the net-price calculator
          • All about applications – FAFSA, CSS PROFILE, IDOC, NCP
          • What to do after you’ve applied including comparing packages and how to follow up
          • How to cover the gap through grants, loans, etc.

– 14 hours of live “office hours” with Jodi Okun where you can connect with her directly and privately to ask questions related to your unique family situation.

– Detailed, step-by-step walk-throughs on how to complete important applications: the CSS Profile (released in October) and the FAFSA (released in January) at no additional cost.

– college timeline, budget worksheets and a downloadable dictionary of key terms.

– Q&A postings after each lecture to ask Jodi specific questions.

– Lifetime access to all course content and a 30-day money back guarantee.

Every parent of a college-bound teen should review the specifics of this comprehensive course, especially if you are confused or need help with the financial aid process. Click the link below for a 30% discount (the entire course for $34!)

A Parent’s Guide to Making College More Affordable

How to Pay for College HQ

how to pay for college

Celest Horton is a mother of four kids: three of the four are teenagers now. She is a Chemical Engineer by trade and has spent most of her professional career in technical sales in the Oil Industry.  Yet, she wanted to help serve others too by solving a current fear that she has…paying for college for four kids. Having three of the four in college at the same time is her greatest financial concern.

She wants to help others understand how simple it can be with a little planning and preparation. To do this, Celest is producing and making available How to Pay for College HQ Podcasts.  It’s a weekly podcast that is comprised of interviews with industry experts to educate high school parents and students to help them plan and prepare early with the goal to earn a degree debt free.

The Podcast is available on iTunes and Stitcher Radio, and the best part…it’s FREE. You can subscribe and listen to the most recent podcasts as they become available. Here are the two links:
financial aid, mom approved tips, parenting, Uncategorized

Mom-Approved Tips: Talking to your teens about financing college

 

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financing collegeIf you have a college-bound teen you’re well aware of the cost of college–it’s high. In a recent story in Business Week, one graduate confessed she had given up on her student loan debt of $186,000. She is not alone. With the nation struggling under a $1 trillion student debt crisis, stories like hers are nothing uncommon. For the first time ever, the national student loan default rate exceeds the credit card delinquency rate, and so long as student loans remain one of the few types of debt that can’t be discharged in bankruptcy, chances are the situation won’t improve any time soon. 

As their parent, it’s up to you to make sure they don’t fall prey to debt that they cannot repay after grduation. Before they ever accept an offer of admission, you need to talk to them about financing college. In my Parents Countdown to College Crash Course I call it “the money talk”.

Following are a few tips to help broach that uncomfortable topic with your college-bound teen:

The cold, hard facts

The first thing you need to discuss is finances: what you are willing to pay and what you expect them to contribute toward college expenses even if it’s just acquiring scholarships. Discuss the ramifications of student debt and talk openly about which colleges would fit into the family’s financial picture. Paint the picture clearly and explain to them this is a large investment and needs to be treated as such: you expect them to do their part and you expect them to study and to graduate.

The difference between wants and needs

This discussion is just as important as discussing the cost of the college education. When a student understands the difference between the two they can make financial decisions based of this criteria. Is it something they need or simply something they want? Don’t assume they know the difference. Most teens believe everything they want is a need. If they learn this lesson before going to college and living on their own, it will save them overdraft fees, past due notices and much heartache when they are controlled by their debt.

The college choice

Be realistic. If their dream college is out of reach financially think long and hard before you apply. This may be their first time to make a choice between what they want and what is best financially. It is a tough pill to swallow now, but they will thank you when they graduate with minimal or zero debt. The college they choose not only needs to be a perfect fit for them socially and academically; it also needs to be a perfect fit financially.

The budget

This is the perfect time to talk to your college-bound teen about creating and sticking to a budget. You may have tuition, room and board covered but there are always added expenses. Budgeting for those added expenses means there won’t be any surprises when the bills come due. Need a list of what those extras might be? Check out this article I wrote for Smart College Visit about the extras beyond tuition.

If you can’t sit them down for a time (we know how hard it is to even share a meal together), do it in segments. Just make sure you do it before they start applying to college. If you don’t, it’s going to be an uncomfortable discussion when they get accepted to their dream college and it’s not affordable for you and your student.

 

college planning, social networks, Uncategorized

3 Things high school seniors should do now

 

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For many high school seniors, the start of the new school year also marks the official start of the college application process.  While students should begin planning and research as early as 9th and 10th grade, there are many 12th graders who may just be diving in now.

With early application deadlines just around the corner (November 1st and 15th), Dr. Katherine Cohen, CEO and founder of IvyWise (www.IvyWise.com) and LinkedIn Higher Ed Expert, urges high school seniors who may be off to a bit of a late start to do these three things right away:

Narrow down your college list.

high school seniorsStudents should end up with a list of 12 to 15 good-fit schools, a balanced list of reach, target and likely schools, all of which are an academic, social and financial fit.  A great place to start your research is LinkedIn, which provides aspiring students and young professionals with the opportunity to make informed decisions on which universities, majors and skills will help them achieve personal and professional success in years ahead. LinkedIn University pages allows students to learn what’s happening on campus, ask questions of faculty, staff, students and alumni, check out notable alumni and explore the professional paths of graduates.

Create a college application checklist.

Senior year of high school can be overwhelming for many students.  It’s often the most rigorous year academically, and the college application process has gotten a lot more complex since mom and dad applied.  It’s important to create a college application checklist and calendar with key dates now so that you don’t miss any important deadlines.  Be sure to include due dates for early and regular applications at each school to which you’re applying, standardized test dates, deadlines to apply for scholarships and financial aid, as well as deadlines for school projects, mid-terms and final exams.

Approach teachers for letters of recommendation.

Most selective colleges and universities require one to three recommendation letters with a student’s application, usually from a guidance counselor and at least one teacher. If you haven’t done so already, identify two 11th grade teachers who know you well—not just the ones who gave you the easy “A”—and ask them to write a letter of recommendation immediately.  Teachers receive many requests and are not required to write these letters.  Often, teachers will limit the number of letters they write, so students need to ask early.  Be sure to provide a copy of your resume, examples of your completed assignments and information about the colleges to which you are applying, so they can personalize your letter. Also, don’t forget to write your own letter to thank your teachers for their time!