scholarships

Should your college-bound student apply for scholarships?

 

There is great discussion among parents about whether or not scholarship applications are worth it. I happen to be one who believes they are. My daughter attended an expensive private university based on the scholarships she won from outside sources and from the university itself. Those scholarships allowed her to attend a school that was financially out of reach. Hence, I’m a firm believer in the value of scholarships.

Here are 3 reasons I believe ALL college-bound students should apply:

  • Scholarships help reduce the cost of college-Free money is always better than money you have to repay.
  • Many times, the effort required on your part is minimal-Numerous employers hand out money to worker’s kids without requiring much more than a one-page application. Grab that cash!
  • Your family might not qualify for need-based aid-In this case, scholarships can eliminate the need to dip into savings or retirement to fund college expenses.

Applying for scholarships, in my mind, is a no-brainer. What have you got to lose? FREE money for college. I don’t know about you, but in today’s economy, it makes even more sense.

social networks

Social Networks and Your Teen

As a parent, it’s your job to guide your teen and help them make wise choices about their future. It’s not always easy and most of the time overwhelming. Many times there are arenas online that your teen frequents that could on some level, harm their future. Social networking sites are popping up and odds are your teen has a presence on at least one of these: MySpace, Facebook, Twitter, myYearbook, and various blogging sites such as Blogspot and LiveJournal.

Here’s something you should do with your child that might help you see the importance of controlling what you send out into the internet universe. Do a Google search. Type in your child’s name and see if it appears in the search results. Why do this? College admissions and future employers are finding it important to check out these social websites before making a decision related to applicants.

A recent study by eMarketer indicated that in 2009 15.5 internet users ages 12-17 (or 75%) will use social networking websites. The article noted some interesting results from their online survey:

Specifically, information on young people’s social network pages can come back to haunt them. Over 60% of those surveyed acknowledged that the things friends wrote in their profiles could harm their careers. In addition, 48% said they could be embarrassed by what they themselves wrote, and 38% said they regretted some of the items that had appeared on their pages already.

It’s not too soon to prepare your child for the future. Helping them understand the importance of protecting their own “personal brand” is a part of that preparation.

Helping parents navigate the college maze