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How do you stack up for an admissions officer?

Do you wonder how you stack up for college admission success?

Well rounded and grounded students are what they want, how do you stack up?  A survey conducted by Money.com found the following attributes/traits to be critical for college admissions success.

  1. A rigorous high school curriculum that challenges the student and may include AP or IB classes.
  2. Grades that represent a strong effort and an upward trend. However, slightly lower grades in a rigorous program are preferred to all A’s in less challenging coursework.
  3. Solid scores on standardized tests (ACT, SAT). These should be consistent with high school performance.
  4. A well-written essay that provides insight into the student’s unique personality, values, and goals. The application essay should be thoughtful and highly personal. It should demonstrate careful and well-constructed writing.
  5. Passionate involvement in a few in- or out-of-school activities. Commitment and depth are valued over minimal involvement in a large number of activities.
  6. Demonstrated leadership and initiative in extracurricular activities. Students who arrive on campus prepared to lead clubs and activities are highly desirable.
  7. Personal characteristics that will contribute to a diverse and interesting student body. Many colleges seek to develop a freshman class that is diverse: geographically, culturally, ethnically, economically, and politically.
  8. Letters of recommendation from teachers and guidance counselors that give evidence of integrity, special skills, positive character traits, and an interest in learning.
  9. Special talents that will contribute to the college’s student life program. Colleges like to know what you intend to bring to campus, as well as what you’ll take from your college experience.

It’s not too late to embrace a few changes to ensure college admissions success.

Conversations on College

Conversations on College

Conversations on College

Are you ready to have a conversation about college?  Talking about college with other parents or friends is simple, it is talking to your kids or spouse that may be tough.  This month, we want to break down those conversations on college into more manageable bits.  Students and parents (and hopefully, advisors) participate in the conversations. Let’s divide the conversations by audience.

Adults

For parents, the conversation started when that little bundle of joy arrived.  We all had the smartest baby, the one destined for greatness.  We dreamt of seeing that little one graduate from medical school, hit a home run in the World Series, and win a Nobel Peace Prize.  However after a few rounds of colic and teething, our goal became simple,  we wanted a healthy child and perhaps a good night’s sleep once in awhile.  Now that little one is in high school, it is time to start having realistic conversations on college.  

  1. How much have you saved?
  2. How much is college?
  3. Where do we even start?

At Midwest College Planning, we love having these conversations.  From the workshops to the free consultations, we talk college.  We work with parents on budgets.   We address your savings and if you need to up those savings, we have suggestions.  When it comes to the price of school, be prepared for sticker shock.  Annual pricing for public schools are coming in at around 25K while an Ivy League is over 75K.   Now, multiply those numbers by the number of children in your family.   Do you need oxygen? That’s where we come in to help.

Students

For students, the idea of college may have started back in first grade when they dreamt of becoming a teacher or perhaps it came along gradually based on course selection or interest.  Our goal is to work with kids to help them navigate the process.  Ideally we begin working with students early in high school, but we do work with rising seniors and in some cases those seniors who procrastinated and are panicked in September.  With students we stress the importance of grades, test scores and research.  Our conversations on college start with the basics:

  1. What are your grades?  
  2. What are your thoughts on location of college?  Distance and Environment
  3. What do you want to do?  
  4. What do you do for fun?

 Midwest College Planning has been helping families for over ten years. there’s not much we haven’t heard.  We find ourselves playing mediator between the students and parents.  Whether it is reminding a student to send in an application or reminding parents of their budget.    

Everyone

The news is full of stories about scholarships and ‘free rides’.  There are many schools that offer great scholarships to the top students.  The scholarships are often awarded to kids with what we call a ‘wild card.’

  1. Academics
  2. Athleticism
  3. Creative Talent
  4. Leadership
  5. Community Service

We will be honest with you, those free rides are few and far between.  Competition is tough at top schools, admission rates may be in the single digits.   Our goal is to have your family succeed.  We work with students on applying to schools that fit them academically, environmentally and socially.  We evaluate the financial aid packages and help students and parents find the school that works financially. 

This month, we are asking you to have those conversations and to remind you we do offer a free consultation, where you can learn more about how we help families.  

But Why?

Remember when your child was going through the terrible twos and ‘but why’, was his/her favorite phrase.  As college planning professionals, hear it all the time.

  • Why do I need to save money?
  • Why does my child have to take the ACT?
  • Why does he have to take the ACT again (and again)?
  • Why can’t my child just pay for college themselves?
  • Why does college cost so much?
  • Why doesn’t my child get the same scholarship as my neighbor?
  • Why can’t my kid play Division 1 sports?
  • Why can’t my spouse handle all this admissions stuff?

Our first instinct is the parental favorite, because we said so or that’s life, however, that is not polite.  Let’s discuss why having a plan for college matters.

From the beginning Midwest College Planning has followed a simple formula:

admissions + budget= success

Let’s dive into the formula.  Admissions involves research, test scores, grades, and the student.  Budget is how much you plan on spending on college. By understanding how much you want to spend on college we can find schools that fit your wallet. Success comes when your son/daughter graduates from college.

Remember that list of Why’s? Here it is again, with answers.

  • Why do I need to save money? On average public college is $25K/year while private colleges have skyrocketed to $90K/year.  If you don’t save, how will you pay for college?
  • Why does my child have to take the ACT?  Both the ACT and SAT are good indicators for college success. During the pandemic, more and more schools opted for test-optional policy however they are shifting back to standardized testing.
  • Why does he have to take the ACT again (and again)? Practice makes perfect. Also there’s a little thing called ‘super score’.
  • Why can’t my child just pay for college themselves? Most students don’t earn enough to live on their own let alone pay for college.
  • Why does college cost so much? Check out another post for the answer.
  • Why doesn’t my child get the same scholarship as my neighbor? Schools are fickle, there are many reasons why scholarships differ from student to student, stop with the comparison and focus on finding the right school.
  • Why can’t my kid play Division 1 sports?  This is a tough one, in most cases the reason is your kid doesn’t play at the D1 level. We have those hard discussions with students and parents…until you get an offer from a D1 team, you aren’t D1.
  • Why can’t my spouse handle all this admissions stuff?  We live and breath college admissions and recruiting, there’s a really good chance, your spouse does not.

At Midwest College Planning, we help families navigate the college admissions process. We are with you from the first college visit until your child graduates with his/her first undergraduate degree. If you’d like to find out more, feel free to call 614.230.1208 and schedule a free consultation.

College planning by the Grade

It is time to spring into action, regardless of the weather! We are offering you a college planning guide by grade. Are you ready to gain new financial knowledge that will come in handy when you send your child off on his/her upcoming college journey?We are experts in the field of college planning and can make the process flow smoothly for you. Because each family is different and you may have several children in different stages in school, we’ve divided the newsletter into sections organized by grade to help you go directly to the year your student is in.

FRESHMAN YEAR

If your student is in the 9th grade, you might think it’s too soon to start planning ahead for college. Not so. It’s never too early to start. During this first year of high school, stress the importance of working diligently on academics. This will always pay off throughout his/her educational pursuits. Also, one thing to remember is that this is the year that grades will begin to be recorded on transcripts. Your student can start to stretch his or herself by taking classes that are challenging but still within his/her abilities. This is the best time to lay the foundation for a solid academic future.

Take interest and skills assessments
Your student is a freshman and may not yet know what s/he wants to do as a career. S/he may still not be sure once college starts. One way to find out where your student’s abilities are strongest is to take interest and skills assessments that help to match careers with the abilities that are best presented through the assessments. Some people are intimidated by the whole process of preparing a child to go to college. Don’t be discouraged, we are available and ready to address and guide you through the process of finding the answers to your concerns.

Study!
It never hurts to have those strong study skills honed early. Your student’s academics have an impact on the schools that s/he will want to attend. Doing well in school is important throughout every stage of academic development.

Have parent/student conferences to discuss college plans
College planning does not have to be the sole responsibility of the parent. In fact, having your student involved in all the stages of planning may increase the chances of success when s/he is finally reached college. Brainstorm and discuss ways to save and pay for college together as a family.

Expand Your Support Network
Midwest College Planning is here to help and support ALL your needs in terms of financial aid and college admission planning. However, you can also find friends, teachers and school counselors who have been through the process themselves and can offer advice and first-hand knowledge of the experience. (Just remember that everyone’s individual situation is quite different.)

It’s never too early to get your financial plan together
Protect the money you’ve saved. If you have money saved outside of your company retirement plans, talk to your College Funding Advisor about possibly repositioning those assets into accounts that are not exposed to the aid formulas.

SOPHOMORE YEAR

If it’s 10th grade for your student, continue on the solid path started in freshman year. Or, if your student encountered setbacks during freshman year or if s/he had a difficult time adjusting in high school, reassure your student that this is a new year. Your student can always move forward regardless of any setbacks. Here are some additional things to consider for your high school sophomore.

Have your student participate in extracurricular activities and resume brainstorming
Getting involved in sports, academic clubs or the arts is a great way for your student to have a well-rounded academic background. Not only is it fun to meet others, it may also develop an interest that is there already. Have them also write down all involvement for a later resume to colleges.

Have your student explore internships and apprenticeships
Internships and apprenticeships are very valuable. It gives your student a first-hand look at possible career options and hands on job experience. It also provides an opportunity for a real connection with a mentor that could later help in the recommendation process with colleges.

Have your student enroll in a summer enrichment program
These programs are developed to give students exposure to a variety of fields. Developed by specialists, children can enroll in several different courses during their session to provide an overview of career and interest areas.

JUNIOR YEAR

It’s 11th grade for your student. What a terrific time this is! S/he has already completed 2 years of high school and if there have been weak areas that need to be strengthened; this is the time to have it corrected. You’ll notice the momentum picking up here. Things will get busier so stay on top of all of the activities. Here are some other items to add to your list, as well.

Consider having your student earn college credit
One way to make things easier for your student while in college is to complete some classes while still in high school. These courses can be taken through Advanced Placement, International Baccalaureate, Post-Secondary Enrollment Options and College in the Schools programs.

Have your student narrow down possible career options
If your student has shown interest in several areas, have him/her narrow down the fields and investigate the type of education that is needed.

Start Researching the Schools Websites
If your student has already narrowed down his/her school list, this is a good time to really dig in and equest admissions forms. You can’t start too early on this paperwork and most people put it off until the very end. Don’t be one of them!

Have your student take the ACT and/or SAT
It’s still not too late to register for the ACT and/or SAT. They are still offering exams until June. Register now, if you want your student to take these exams.

Get your financial game plan in place!
Guard the money you’ve worked so hard to put away. You want to protect what you’ve saved for your student.  We can also help you develop a plan on how you are going to pay your out-of-pocket college costs in the most efficient way.

SENIOR YEAR

It’s 12th grade and your student is almost done! S/he has been through the rigors of 3 years of high school and is now near completing the final year. What an accomplishment! This year has probably been very busy thus far. Here are a few things to think of as your student finishes this last year.

Update your resume
Now is the time to fine-tune your resume. This will come in handy now for colleges and later for a job search. Go over work history, activities; in and out of school, leadership, service and any other awards or recognitions they have received. Jot them down in a resume format that looks crisp and clean. We can help you with how to present yourself through your resume!

Have your student look for summer employment
Having your student find work in the summer time is one of many ways for him/her to learn to value of work and earning their own money. These skills will be useful in many areas of his/her life and can be valuable in college, as well. Your student can use the money earned to save for his/her college expenses, too.

Stay focused!
Most students are so ready to just be done with high school at this time. Make sure you check in with your student to ensure they are still doing well in his/her classes.

College planning for your student can be a daunting task. Navigating the many responsibilities required in this process may make you feel like you need your own personal assistant. That’s why we are here. We can be the guide to assist you in creating, developing and implementing your own unique college plan.

Best wishes, and until next month, have a joyous start to spring!

Conversations on College

Floundering in financial aid

Conversations on College

Where are those financial aid awards?  That’s a question we have been asking.  The FAFSA Simplification has really thrown a wrench into the planning aspect of finding the college that your student can succeed and you can afford.  The latest information from the Department of Education is that the schools should begin receiving student data the first part of March.  Financial Aid Awards will most likely follow a few weeks later.  There are a few of the changes in the calculations that may impact families.

One change is multiple siblings in college.  In the past, this was taken into account in the calculations.  It is no longer a factor.  Unfortunately, this will have a profound effect on families.  We are curious to see how adjustments are made from the financial aid offices.  

Another change is for business owners and farmers.  In the past family farms and businesses with less than 100 employees were not included as a parent asset.  Unfortunately the form no longer allows for that exception.  

For divorced or separated families, the form is no longer filled out by the custodial parent but the one provides the most financial support.  This may have a devastating effect on families who may have previously qualified for financial aid.  

If you haven’t been keeping up, many schools have pushed back the commitment deadline to give families time to evaluate the awards and make the best decision.  As a reminder to our clients, be sure to keep sending us the admission letters and when you start receiving your financial aid awards send those to us. We will evaluate and go over an apples to apples comparison so you have a clear idea of how much college will cost. 

We don’t have a crystal ball to see if FAFSA will improve next year, however we certainly hope they are smoother.  

When it comes to college who will help?

  • Our Blog

“The Six Opinions That Actually MATTER While Your Child

Prepares For The College Years”

Preparing for college or university studies is a competitive process, in many ways. The simple fact is that the admissions process for better institutions and programs is a competitive one, because there are almost always more applicants than available positions for desirable schools. Because of this, we find that the preparation and application process can often take on a sometimes-unpleasant “edge” that really need not be there. Of course, the simple fact that we don’t like the tone of the process does not mean that it will go away, but it also means that there is no shortage of opinions, judgments, and comments surrounding the lengthy and involved process of preparing for and applying to colleges and universities.

Because there is no shortage of opinions and input, one of the most important things that parents and college-bound students can do is to determine exactly whose opinions and input matter the most… and focus their attention and efforts exclusively on those. If a family can hone in on the voices that will truly help them to find and access the best higher education options for their situation, and essentially ignore the cacophony.

For this month’s newsletter, we are focusing these pages on the “short list” of people and groups whose thoughts on the college application process actually matter, to some degree or other. Yes, and individual student might have an additional couple of people whose opinions matter to them, and that is as it should be, but let us assure you – there is no need to take advice from the peanut gallery. As always (and as will be discussed below), if you are interested in some more personalized suggestions, please do feel free to give us a call. Because we are college funding professionals – and quite literally college application experts – we are uniquely qualified to assist with planning, and can provide the most pertinent information for your family’s college preparation efforts.

Probably the most important advice for parents from the outset is first of all, to use common sense, and secondly, to ignore the aforementioned “peanut gallery.” While the outcomes may be rather public, the college application process is a personal one, and it is important to realize that the opinions of other parents or students will be of negligible value in the long run. Always remember to focus on that long run, and not on trying to impress the people whose opinions ultimately do not matter! Some of the people whose opinions will matter, to some degree or other, include:

1) The Teachers

This can be, of course, a double-edged sword, depending on the teacher. High school teachers are in charge of the grades that determine grade point average, of course, so their opinions need to be taken into consideration. College application recommendations also tend, at least in part, to come from high school teachers. Excellent teachers, providing excellent and purposeful letters of recommendation, are an absolute godsend to any college-bound student’s applications. On the other hand, unprofessional teachers can tend to make the process significantly more challenging than it needs to be.

Regardless, the best advice for students who are preparing for higher education is to seek out the best teachers during their high school years… and to maintain cordial, appropriate relationships in all of their classes, no matter who the teacher might be. Students who can manage this will generally be able to tell which teachers have their best interests at heart, and seek out appropriate advice from them.

2) The Advisors

You will find a number of different people during the high school years that function as advisors in some capacity. There are guidance counselors and academic advisors on the classroom side of things, and then club advisors, sports coaches, artistic directors, and others involved with extracurricular activities. And of course, that partial list ignores a host of other potential advisors through such organizations as service clubs, scouting troops, church groups, and other activities that are based outside of the high school umbrella.

It is usually best to select just a couple of particular advisors to assist with the actual college admissions process itself – many schools will have the guidance counselor automatically involved in the process, but a few advisors from extracurricular activities can be helpful in offering input and support along the pathway to the college years.

3) The Student 

The interests, goals, and overall desires of the student him/herself are sometimes, sadly, completely overlooked in parental enthusiasm for the college application process. It is important to remember that a student will have the best opportunities to succeed if s/he is in a situation where s/he is excited and motivated to study.

While input from the parents is key, and certainly important, the opinions of the student need to be respected. The application process is usually a team effort, to be sure, but over the long-term the student will be the one studying and working towards his/her long-term goals. We urge parents to always keep this fact in mind.

4) The Mentor(s)

It sometimes does not seem very easy for students to find mentors in the field(s) that are of major interest – especially if they are in an area that might not dovetail with the professional work of a parent or relative. However, it is our experience that students who are willing to put their best foot forward, and perhaps even do some volunteer or internship work in some capacity, will often be able to find supportive mentors for their academic and career goals.

These opportunities might be listed online, in newspapers, or through school offices and clubs… but sometimes it is as simple as calling or emailing a business, hospital, or other institutions and asking. Many young people have been able to meet and work with influential mentors in all sorts of fields by having the gumption to ask.

5) The Admissions Officials

When it comes right down to it, the people who have the most pull in the college and university admissions process are the admissions officials at each school. They are the ones whose opinions of an application will matter the most. Take their published and posted information (areas of emphasis, deadlines, rules) seriously. Understand that different colleges have different admissions officials with different requirements or areas of focus. And certainly, should you ever interact with them, treat them with friendliness and respect – which is pretty good advice for most personal interactions, actually!

6) The College Funding/Admissions Advisors

Naturally, we cannot allow a list like this one to head off to the parents of college-bound high school students without reminding you about what we do, and how we can help in this process. The families and students we work with in the college funding and admissions processes certainly find themselves in a very enviable situation, because we are wholly invested in their success. We are professionals and we have nothing else in mind aside from helping students gain admission to the best college or university for their future interests, and helping parents to manage the financial aspects of making that a reality.

Notice how we steered clear of what we call the ‘peanut  gallery’?  That’s because, you can probably name a few right off the bat from the neighbor who means well to the know-it-all at the gym.  As you move through the college planning process, you’ll soon develop an ear for the experts and the rest.

Until next month,

 

                                                                          

Resolutions Kept= College Success

Welcome to 2024! Each year we make resolutions, how many of us actually have kept those resolutions? From making healthy choices, learning a new language or adding a few thousand steps to our day, we all strive to be a bit better in the new year. Let us help you keep your financial and academic goals, we will coach you and in some cases, nag, until we get your plan solidified.

For our college planning clients: We ask that you complete the initial spreadsheet from the welcome email. We ask that student athletes complete the profile form. If you are a senior, share the admissions acceptances and financial awards. Underclassman, sign up for the next standardized test. Here are the links for ACT and SAT sites.

For our retirement and insurance folks: Let’s touch base, make sure you are staying true to plan and we have the correct contact information.

If you aren’t our client, sign up for that free consultation. Simply email or call and we will get you scheduled.

A quick update on the FAFSA.  We will begin submitting the FAFSA this week. We were waiting until the system was out of the soft landing stage, but that doesn’t seem to be changing anytime soon.  If we need anything, Lisa will reach out. 

We are here to support your financial and academic goals.

Transitioning to College: 3 Differences Your Child Will Experience

  • Our Blog

 

College is a whole new ball game, as they say, and students need to be prepared for the changes or they could end up on the wrong side of them.

Keeping that important reality in mind, this month’s newsletter focuses on some of the biggest changes that face tomorrow’s college freshmen as they make the transition into the world of higher education.  When a student and his or her parents have taken the time to become aware of what to expect at the next level, and especially when they have put some time and effort into preparing to manage these important new realities that are inherent to college or university studies, the chances of a successful start – not to mention a successful finish – for this crucial educational experience increase dramatically.

Sadly, our experience shows that students who ignore these significant lifestyle and organizational changes until they are happening are often among those who end up struggling academically (and even socially at times).  Without wanting to seem too dramatic, we also see that these students are frequently those who find themselves in danger of failing or dropping out of college entirely.  So really, there can be no question about whether or not this stuff ultimately matters!

Without any further delay, then, here are some of the biggest changes that today’s students face when making the big leap from high school to college studies… many of them may sound familiar to those who faced earlier generations, but others have come along fairly recently.  Things change in some regards, and things remain similar in other regards, and finding the balance between them is important when dealing with these kinds of coming-of-age generational gaps.

Time Management

In high school, students are expected – nay, required – to go to every class, every single day. When a class is missed, there must be an excused absence. Classes that are missed or skipped by students can result in serious repercussions. Detention is the usual consequence of skipping class in high school, although there can be other forms of punishment, as well. Having had high school detention may not go on the high school transcript, but it does go on the full student record. Interestingly, this record can be requested by the college… it does not happen very often, but it is possible.

It does not necessarily reflect favorably on the student if there are “red flags” in that regard, so it is better to be on the safe side of things.  Regardless, this set of rules demonstrates that the student is required to attend class or be faced with disciplinary consequences for not doing so.

Conversely, in college, no one will be checking (or, frankly, care) whether or not your child attends class. Attending class at the next level is exclusively the responsibility of the student.  Attendance may or may not be taken, depending on the class, but the consequences are delayed and generally come strictly in the gradebook.  Attending lectures and assimilating the information and knowledge is wholly dependent on the student’s initiative to go and participate. This is, of course, a major shift in personal responsibility. While some students thrive under those circumstances, many others can tend to falter when suddenly given the duty of managing their own time and schedule – especially if this development occurs unexpectedly.

When students are fully aware of and prepared for this drastic change in personal responsibility, they can more fully take advantage of the education they are receiving. Young people who are unprepared often waste time and money because they do not completely comprehend that their lack of responsibility for their learning is only hurting them and the ramifications have further-reaching effects than simply in-school detention.

Changes in Class Size and Organization

High school classes can usually reach a maximum of approximately 35 students. Compare that to college, where some lecture halls can seat hundreds of students at a time. This difference can be a shock to high school students who are used to and expecting more individualized attention. In classes where there are hundreds of students, it is simply impossible for a professor to accommodate and give personalized attention to that many students.

There are often graduate students who serve as teaching assistants, but these can vary in quality (many are excellent, but some are pretty darned awful) and it can place the onus on the new college student to navigate his or her way into the best learning options both in lecture and in office hours, etc.  Incoming college students will also need to prepare for the need to take excellent notes and listen attentively because not doing so could result in the loss of important information.  This is also good information to know for students who prefer a smaller class experience. Private schools often tend to be smaller and therefore can provide the more intimate and individualized experience some students desire.

This is something to consider before applying to any set of colleges and universities. In general, the bigger the college, the bigger the class size!  That may or may not be something that affects your child one way or the other, but it is important to remember when planning.

Learning to Take Initiative

College is not the place for students who need or want their hands held. Higher education requires that students begin to grow up and take responsibility for themselves, and this can sometimes be a significant challenge for those who are not adequately prepared. One of the ways that students will need to do this is by taking initiative for themselves.

While in high school, a student who may be struggling in a subject or class would likely be approached by the teacher to establish some kind of protocol for assisting the student to better learn the material. This might be letting the parents know about the difficulty the student is having, or working personally with the child to help him or her better grasp the material.

This approach generally does not happen in college. If the student in a college class is having difficulty in the class, the student is responsible for seeking out and choosing appropriate measures to better master the material. This could entail approaching the teacher and letting him or her know that there is a lag in assimilating the subject matter. The teacher and student could then strategize together about what measures could be taken going forward that could help the student better learn the subject material. Once again, however, the onus for this process remains with the student. If the student does not take the initiative to better grasp the material or make it known to the professor that he or she is having difficulty then the risk increases of failing the class.

As we mentioned above, students who are preparing for their college years will do well to consider these altered circumstances well before the time comes for them to head off to their freshman year experience.  Yes, many high schools will take a strong role in helping college-bound kids to understand, develop, and implement strategies in this regard – but others may not.  For this reason, we are pleased to work with parents and students on any of the details surrounding the college preparation and application processes.  We have years of experience and knowledge in this regard, as well as helping parents to prepare financially for their significant part of the overall college burden.

Until next month,

~Marc

Avoiding Unemployment After Graduation

  • Our Blog

“How To Link College Studies to Actual JOBS – Avoiding Unemployment After Graduation

One of the biggest challenges facing many college and university students today is not necessarily the substantial work of higher education itself – but the fear of what comes after graduation!  This is especially worrisome in a current economic climate which has large numbers of college students facing unemployment (or, equally as concerning, UNDER-employment) after the completion of their university studies.  After all, one of the main points of higher education is to prepare a young person for a brighter professional future.  Nobody – neither parent nor college student – really wants to finish a hard-earned degree and be forced back into living with parents or working at a dead-end job.

With that in mind, this month’s newsletter is focused on practical suggestions for your student that will affect both his or her future college career, as well as parlaying that educational experience into gainful employment once the degree is completed.  Entering college with this type of thought process in mind – even if a student does not know what to major in at the outset – can make all the difference for developing professional options after graduation.

It is important to remember that the undergraduate years of college or university last, ideally, four years – which is the same amount of time that a student spends in high school!  Just as parents often have to marvel at how quickly the years of high school pass, there really is no slow-down once the years of higher education begin.  In fact, in our experience, they can even seem to speed up a little!  This is, of course, all the more reason to be prepared for the important steps that come afterward.

This month’s newsletter will offer some things to consider – and equally as importantly, some things to avoid – when it comes to making the most long-term use of a college education.  We definitely see and understand the big picture when it comes to higher education, including the conceptual and social importance, as well as the practical elements that lead to a fulfilling and successful career afterward.  College is a big step, and it is important to be prepared for it – as well as all of the steps that come thereafter.

 Interests And Course Selection

In the past, we discussed majors and minors in some depth, but the topic is also extremely important in this regard.  Yes, there are traditionally “marketable” majors that tend to have good hiring prospects after graduation – but that does not mean that all students should be pigeon-holed into an accounting program (as an example) just to make sure they get a job.  For some students that would be a terrific option, if they have an appropriate skill set and interests in that field.  For others, however, that major and career field would be sheer drudgery, and there are much better options.  There are also, of course, majors that have significantly fewer (traditional) jobs on offer, so it is important to be aware of this.

This can be one area in which a double-major can serve a student well.  People who are gifted (and passionate about) a field with some less-promising job prospects can often piggy-back that interest with another field.  Combining unrelated fields (such as a foreign language and pre-professional studies, or music and sciences, or arts and business/marketing) can not only lead to more job options later, but also can increase the quality and breadth of undergraduate education.  There is definitely a market for people who create interesting academic backgrounds and skill sets, and there is no reason not to pursue them!

Students who begin college without a major in mind, and that is a LOT of them, can still make wise decisions about their major selection by determining where their interests lie.  That is the most important thing, because it is vital for students to know what they are truly passionate about, and how they would choose to spend their working years in the future.  Once those things are known, then a foundation can be put into place for developing the beginnings of a career plan that will function during the years of undergraduate study.

Of course, the best thing is to have some of those decisions made during the high school years.  Not everyone will do so, naturally, but college-bound students who leave high school with some of these types of answers will often find themselves in a better situation for career planning in the early stages of college or university.

Graduate and Professional Studies

Obtaining a graduate degree can be a two-edged sword.  On the one hand, it can definitely lead to job prospects and a rewarding career if managed correctly.  On the other hand, if pursued as a stop-gap measure to avoid unemployment, graduate school can also simply increase student loans and delay the inevitable.  It is vitally important for graduate degrees to be pursued with a firm plan in mind!

There is also a semantic difference between graduate school and professional school, but it can go well beyond the definitions.  Graduate school is traditionally a program leading to a Master of Arts (MA) or Master of Sciences (MS) degree, or a doctor of Philosophy (PhD) degree.  The job market for these types of degrees varies wildly according to industry and academic fluctuations.  Professional schools are usually specialized degree programs such law school (JD), business school (MBA), or medical school (MD or DO).

While it has long been traditionally accepted that professional schools offer the most post-graduate career options, which are expected to be more lucrative than graduate school, this is NOT always the case.  The modern world provides a broad mix of exciting careers, and it is up to the student to determine which resonate most keenly with his or her interests and skills – and to determine whether the additional expense of graduate school or professional school will be worthwhile down the road.

Summer (and Mid-Year) Internships

One absolutely great way for students to determine what makes the most sense for their post-college careers is to seek out internships with college affiliated (or even non-affiliated) companies.  These can be managed over a summer, or even in some cases during the school year.   (Interested students should always ask whether or not they can receive credit for an internship, as well!)

Some internships are paid, and others are not, but in our opinion that element should never be used as the determining factor for the selection of an internship.  The experience gleaned from a well-placed internship can be absolutely vital for determining whether or not a field truly appeals to your student.  Far too often students make a decision that affects their future without first-hand information about what that chosen career looks like in reality.  Having some actual experience can make all the difference in that regard.

Not only is the information from these experiences valuable, of course, but students who perform well during internships are often placed first in line for hiring programs after graduation at the companies who already know them well.  All in all, it can definitely be worthwhile to look for internships that fit with a student’s interests and career goals… whether they come through the college or university, or whether the student finds the internship individually, the value can be striking.

Whatever You Do: Begin With The End In Mind

The earlier students begin considering their interests, their passions, their goals, and their options, the better off they will be.  As college funding and admissions experts, we are pleased to offer a number of programs and tools to assist college-bound students in that regard.  It is truly that important.  Young men and women who arrive on college campuses with these vital bits of information – even if they are not entirely complete and/or ready to decide on a pathway for their education on Day One – will truly be miles ahead of their classmates in the long run.

The mindset taken toward the college or university experience will be one thing that will make a huge difference.  Far too many students view college itself as the goal, and forget that there will be a whole lot of life thereafter!  If the process of higher education is truly seen as an opportunity to develop interests and skills, and to create an enjoyable career post-graduation, then students will tend to excel both in school and in their post-college end. Whatever the ultimate decision about future careers might be, of course, parents have another sizable pile of responsibilities.

 

A Hitch in Financial Aid

 

There’s a hitch in the financial aid process this year, to be honest, it is a bit of a mess. The Department of Education is updating the process. The change started a few years ago and it is taking a bit longer than anticipated to complete.  As of today, the FAFSA will be available sometime in December.  The new design will be streamlined.  We have asked our clients to get us the necessary information by October 15.

One change in the process is the required verification for FSA usernames.  Previously usernames could be created as the form was being submitted, now there is a verification period of at least 3 days. Until we see the actual forms and calculations we will not know the full impact of the changes.  It has been suggested that businesses and farms may be affected.  The most significant change may affect divorced/separated parents.  Previously the form was filled out based on where the majority of time was spent, it has been proposed that it will take in account the parent who provided more financial support.

There are a number of schools that require a CSS-Profile.  Please note, those schools are typically more selective.  The CSS-Profile is available through the college board website and requires information from both the custodial and noncustodial parents. The form is a deep dive into the financials of the family. Along with the CSS-Profile, there is often a request for additional verification or information that comes via the IDOC.  The IDOC is also managed by the college board website.  There is a fee for the submission of the CSS-Profile report of $25 for first and an additional $16 for each additional school.

With regards to deadlines, schools are making slight adjustments in deadlines.  FAFSA may be due by January 15 but the CSS Profile may have a November deadline.  We are asking our families to turn in their school list by October 15 so we can meet deadlines.  Our senior families will be receiving an email and mailer later this week to clarify next steps.