Would you pay $14,000 to get your teen into Harvard?

college_20moneyTalk about college sticker shock! I just read an article about a company that charges $14,000 for a 4-day Application Bootcamp. The camp sells out every year and boasts a waiting list. The statistics are posted about the students who attend and the results of their admissions applications. The stats are impressive, but I had to ask myself if that price tag was worth the results. Perhaps it is, if your teen’s heart is set on a specific school and you have the cash on hand. But most parents are scrambling just to pay tuition, let alone come up with $14,000 to pay for an application coaching camp.

If you’re one of those parents whose teen wants to be accepted into a top-tiered college or university and you don’t want to drop 14 grand for admissions coaching, what can you do? Will that price tag assure your teen an acceptance letter?

If that cost sends you running in the opposite direction, try this instead:

  1. Start early and stay organized–use a filing system that helps you keep track of awards, activities and deadlines.
  2. Encourage your teen to take challenging courses: AP classes, Honors classes, science and math courses.
  3. Be an effective parent coach by encouraging them to focus on one or two activities in high school and stay involved.
  4. Arm yourself with the right tools and information to help your teen learn about interview questions, essay topics and admissions applications.
  5. Study the college admissions statistics of the colleges that your teen is interested in and use them as a guideline in the college selection process.
  6. And lastly, for a fraction of the $14,000 pricetag, you can purchase the Parents Countdown to College Toolkit which will provide you with all the tools you need to help your teen realize their dream of a college education at the school of their choice.

Granted, there are those parents who can afford and are willing to pay hefty prices for admissions counseling. But the bulk of most parents are on a budget, scrimping and saving to be able to send their kids to college. The Parents Countdown to College Toolkit is an affordable and effective alternative!

More valuable tips and advice

For my loyal readers, I thought I would post the links to some posts I have done on other websites and blogs. All offer valuable information for parents of college bound teens.

Preparing Your Student for the Future
If your child is just starting high school, you’re probably not thinking about college yet…but should you be?

It’s Test Time!
The SATs and ACTs… Are these standardized tests striking fear and dread in your home? Suzanne Shaffer of Parents Countdown to College says the key to success is practice and she shows you where to find FREE help!

Searching for Scholarships

The best advice I can give any parent of a college-bound teen is to start the scholarship process EARLY. Don’t wait until senior year and scramble around trying to find scholarships. Here are 10 tips on searching for scholarships.

Visit these sites and gather some valuable information. Sign up and join GalTime for even more valuable parenting advice. Encourage your teen to enter Diploframe’s scholarship.

The Test Prep Controversy

test-taking

In today’s Education column of the New York Times, the President of the College Board addresses the question of the value of SAT Prep courses.  This has been a long standing debate and the theories vary depending on who addresses the question.

According to Mr. Caperton:

Success on the SAT, and more importantly success in college, begins in middle school and in the early years of high school. The best way for students to get ready for the SAT is to take rigorous, challenging courses in high school and to study hard and do well in those classes.

But, there were some interesting comments that followed the article that give differing opinions about test prep. The bulk of the comments were either from parents or students who had availed themselves of test prep services and were able to raise their scores significantly; thus justifying the cost involved. I found the comments more interesting than the article.

I tend to agree with one comment which stated that the SAT measured the students test taking ability before it measured their cumulative knowledge. Some students take tests well; others do not. If those who do not test well take the time to familiarize themselves with the test itself, it will help them be less anxious and more confident on test day.

Read my article on GalTime for some tips on preparing for those college admission tests.

Is Your Teen an Average Student?

If your teen is an average student, you might be thinking that community college or a local small state college is their only option. But, in reality, there are some options you might consider.

According to a recent seminar at the National Association for College Admission Counseling,

There are application strategies that can help… Some strong colleges are looking for more geographical diversity, and will consider students with weaker grades if they are from another part of the country. Students with weak standardized test scores should also consider colleges where SAT and ACT scores are optional. (A list can be found at www.fairtest.org.)

Students might want to request an interview at colleges that don’t necessarily require them, to exhibit character strengths that transcripts and GPA’s don’t reflect.

One college counselor recommended applying mid-year, when admissions are less competitive than in the high-pressure fall. Another recommended looking for colleges with pre-admission programs to ease students into the college they plan to attend.

Of course, all counselors recommend that paying attention to grades early in your teen’s high school career will ensure more college options. But if your teen is already into their senior year and there is no time to rectify their GPA, there are always application strategies that can help.

If you are looking for a list of some colleges that welcome average students, you might want to read the entire article.

Parents Play a Pivotal Role in College Decisions

If you plan to help your teen with the college decision process, you are not alone. According to an article on TodaysCampus.com by Joe Dysart:

Nearly all parents (90 percent) researching colleges and universities for their kids are turning to the web for information, according to a recent survey from a number of market research groups.

Of the surveyed parents, 82 percent said they plan to play a pivotal role in helping their children make the final decision about college. Only 17 percent said they will entrust their child to make that decision independently.

The internet is packed with information related to the college decision process. The key is to know where to find it and how to sift through all the information to utilize what is most helpful. My Parents Countdown to College Toolkit will send you to the right websites and give you all the information you need to play a pivotal role in helping your teen make the final decision about college.

Following the Yellow Brick Road

yellowbrickroadI spent some time today surfing. Not at the beach (I never learned to surf after living on the Gulf for over 30 years). I was surfing around doing some “follow the yellow brick road” path. I like to call it that because one link, leads to another, leads to another and you find an Emerald City at the end! That’s the great thing about following links: you never know where they will take you and what adventures you will have along the way.
These are the jewels I found today. I couldn’t help but pass them along to all my parent readers (and fans!):

http://www.knowhow2go.org/
This is an amazing website for college planning. It’s interactive and tons of fun. It’s not your typical boring college information site. It’s a fun place to start the search for middle schoolers with schedules and tips all the way through high school. Whaz up dudes and dudettes…check this one out! (I know I’m not hip but I try)

http://www.youniversitytv.com
Wow. This is NOT your avearage college tour site. This one has moxy and some genuine off the wall creativity. There are video tours that ROCK, a message board, cool 3D maps, games, career videos and ways to connect with other college students. Check this one out and get in the “mood for college”!
http://www.savingforcollege.com/
I had to plop one in just for the parents. This is the BEST, I said BEST, site for everything you want to know about financing that college education but were afraid to ask. Remember guys: DENIAL is NOT a river in Egypt. Knowledge is power. The more you know the more prepared you will be. So take a deep breath and jump in!
http://www.theclic.net/
As my daughter would say…”cool beans”. This is a site where you can find and be found by colleges, scholarships and other college programs. A GREAT networking site and a place to connect and set up an online presence.

http://globalquad.com/
This site is Twitterific! Yes, I did say that. Keep up with college life on Twitter: students, colleges, faculty, clubs, and more. Stay on top of the latest college and student news via all the great Twitter links. And, there’s an option to “follow all” if you are so possessed. Whew…I’ll just follow…EVERYONE!

Frame My Future Scholarship Contest - Click here to go to framemyfuture.com and find out about $6,000 in scholarship awards!

No “yellow brick road” search would be complete without unearthing a scholarship. And this one is a great one. Here is how you enter to win…Submit a creation that shares with us what you want to achieve in your personal and professional life after college. Your entry can be a photograph, collage, poem, drawing, painting, graphic design piece, short typed explanation, or anything YOU can create in an image! Your entry should communicate: This is how I “Frame My Future.”

That ends my search for today. I think I can safely say I found the “Emerald City” because every one of those links can take your teen closer to their dream of a college education.

But right now, I’m OFF TO SEE THE WIZARD!

Back to School: Time to get Organized

back to schoolSchool has begun for most of the country and parents are getting back in the routine: morning breakfasts, packing lunches, dropping off at school, chauffeuring their kids for after-school activities, and attending teacher conferences and  PTA meetings in the evening.  Believe it or not, I miss those days. But what I don’t miss is all the chaos. And with teenagers, there is always chaos.

The only way to survive that chaos is to formulate an organization plan. Start by making a resolution to streamline the paperwork the minute it comes home: student guidelines, school manuals, meeting announcements, homework assignments, and any papers that require a parent signature.

There are several “landing” places that we all use: the kitchen table, our teen’s bedroom floor, our kids backpacks, and somewhere  in our car.  These all cause us much heartache later as we scramble around at 7:30 am for the required permission slip  as we are running out the door.

Resolve NOW to have a place for every school related piece of paper that makes its way into your home.

  1. Create a simple filing system using a crate, a box, or file cabinet with school related tabs and folders.
  2. Get yourself a large write on calendar for school activities.
  3. Set up a special “landing” place with a magnet board or bulletin board to keep the papers requiring parent signatures visible.
  4. Encourage your teen to participate in the process by emptying their backpack every afternoon of all important papers.

Before you know it they will be receiving notices of college fairs, booklets with SAT/ACT information, announcements from counselors about scholarship opportunities, and notices of college information nights at PTA meetings. Starting the process early when school begins will get you moving in a positive direction and prevent chaos in the mornings as you walk out the door.

And remember: Preparation Prevents Panic!

"Why I Deserve a Scholarship" Contest

dell-scholarship

Create

Submit a 1-3 minute video describing/showing/depicting “Why you deserve a scholarship”. Video must be in a compressed Quicktime, Flash or Windows Media format. Be sure to include a title and description for your video.

Upload

Post finished video at WhyIDeserveAScholarship.com. Videos must be original and created by you. Your entry means that your work is not the work of others.

Vote

Voting begins September 8, 2009 and ends September 15, 2009. Members may vote only once each day on the following criteria:

1/3 Need, 1/3 Creativity, 1/3 Originality

And that’s not all, ONE lucky voter will receive a $1000 Scholarship just for voting!

Saving for College

529-college-savings-plansSo many parents ask me the best way to save for college. Since every family is different, and their financial situation is unique it’s difficult to give a generic answer. But one thing is certain: saving will reduce your financial burden when your teen enters college. And as a responsible parent, you should plan for this expense, just like you plan for retirement.

Many experts agree these are the two best ways to save:

An Education Savings Account or Education IRA–This allows you to save $2,000 (after tax) per year, per child. Plus, this grows tax free! If you start when your child is born and save $2,000 a year for 18 years, you would only invest $36,000. However, at 12% growth, your child could have $126,000 for college!

A 529 College Savings Plan–Look for a 529 plan that allows YOU to control what funds are in the account. Do not choose a 529 plan that freezes your options or automatically changes your investments based on the age of your child.

Both of these options offer tax savings.

If you want to see how much you should begin saving, use this easy College Costs Calculator. But, be prepared for college sticker shock. Looking at it on paper can be quite sobering.

Here are two great sites that will help educate you and your family about saving for college.

SavingforCollege.com

Finaid.org

Spend some time reading all the information because all the answers can be found on these two sites. Once you know the facts about college savings you will be able to make an informed decision.

It’s never too late to start saving. And remember…Preparation Prevents Panic!

Back to School Party

momrnCome and join me tomorrow at 1p.m. central time for a Back to School Party with another mom, MomRN Tamara Walker. Tune in early at 12 p.m. for some other great back to school tips and giveaways.

MomRN will be giving away a Parents Countdown to College Toolkit ($147 value) to some lucky listener so you won’t want to miss this!

Meet you on the call or on the web! Just click the link below to join in.

MomRN’s Back to School Party

Helping parents navigate the college maze