Not having an understanding of how the financial aid process works can cost you a fortune. The major mistake many people make is waiting to late start the process. I feel parents should begin educating themselves on this process in their student’s freshman year of high school. Knowledge is power. The more knowledge, you gain in these areas the more benefits and options you have. Do not allow yourself to make the following mistakes: Continue reading
Do you know the key differences between public and private institutions? One of the main differences is cost. You should familiarize yourself with the costs of public and private institutions in your state. Private institutions are generally more expensive than public but have the ability to offer good financial aid packages. Private colleges have access to large endowments. As was mentioned in a earlier post, David applied to USC as a reach college. They made it obvious they wanted him on their campus by their financial offerings. I tell students not to let the cost of an institution deter them from applying. If a school is really interested in you, the money will follow. Continue reading
December is definitely the time to get the scholarship search process in gear. Christmas break is a great time to start this process. With so many search engines out there to choose from, how do you find the best match for you? To get the most bang for your buck, I recommend signing up on 3-5 search engines. The key to getting the best matches is to complete as many questions on the profile as you can and continue to update your profile as things change. This is especially important as you progress through your college years. Continue reading
In a earlier post I gave tips on how to spot scholarship scams. In this post I want you to be aware that there are businesses out there waiting to take advantage of students who wait until the last-minute to conduct their scholarship search or lack the motivation and the desire to do their own search. The businesses are legitimate but the key thing to look for is exorbitant fees.
September, the beginning of a new school year and the beginning of the scholarship season. If you missed applying for scholarships over the summer now is the time to get it in gear. The following list of September deadlines are provided by College Greenlight. Good luck!
Are you ready for the 21st Century workforce? Technological advances and global competition have transformed the nature of work. Tomorrow’s jobs will need more knowledge, better skills, and more flexible workers than ever before. They must be prepared to change jobs and careers several times, continually updating their knowledge and skills. In order to compete for 21st century careers you will need to have the following skills: Continue reading
If you haven’t taken advantage of the opportunity to apply for a scholarship over the summer you still have time. If you receive a scholarship from an outside organization, apply it to your loan balance. All students including continuing college students should strive to find at least $5,000. I also post scholarships on my Facebook “Scholarshopmom” fan page for students in middle school to graduate school . Check it out. The following list of scholarships are provided courtesy of CollegeGreenlight. Good luck. Continue reading