7 COMMON COLLEGE PLANNING MISCUES

by | May 13, 2021 | College Admissions, College Planning, College Readiness, Uncategorized

High school seniors are anxiously awaiting the finish line. Twelve years of studies, homework, and activities from 7:15 AM to 2:15 PM are coming to an end. Next for many will be college, work, internships, volunteer work, and service.

At the same time, college graduates begin to embrace their next move; graduate schools, two-year to four-year, upskilling, and of course joining the workforce.

The late Spring and early summer months are exciting times for young emerging minds.

For parents of rising juniors (2023) and seniors (2022), your work doesn’t end as the summer approaches. Yes, we all look forward to the beach, time off for good behavior, and maybe even a slower pace, but the summer is a pivotal time to stay on track to hit Fall deadlines and complete essential tasks.

7 Common College Miscues

1. Allowing a 17-Year- Old to Make $250K Financial Decisions
Attending college after high school is an investment. Too often, I find parents allowing their DS or DD to be the sole manager of their process. Parents need to work with their students to set realistic goals and expectations, learn about financing capabilities, and share tasks and calendar deadlines.

2. Believing that a 4 Year College is for Everyone
Yes, learning is timeless, lifelong, but for many, it calls for different pathways. Parents of middle and high school, don’t panic if the idea of a skilled profession or work than college is the path being considered. Education pathways should be individualized based on the interest, goals, and strengths of the student.

3. Shopping Before Budgeting
What is our financing capability? Debt tolerance? Learn the rules, how colleges set costs, award aid, and recruit students using their money. Like when buying a first home, it is critical to understand what we can afford.

4. Waiting for Colleges to Offer an Invite
It is exciting to see the mailbox fill up with college brochures and viewbooks, but it’s not recruitment. Students need to raise their hands, identify their interests and promote their individual talents and interest. Writing a strong essay, communicating (text, call, email), visit, and filling a timely application are all keys to demonstrating a desire to enroll.

5. Missing the Importance of Creating a High School Resume
Tracking accomplishments, achievements, and personal growth during high school make completing an accurate college application seamless.

6. Assuming There is Plenty of Financial Aid for Everyone
Colleges, universities, government, and private providers have limited merit scholarships, grants, and need-based available to new and returning students. Don’t delay and always file the FAFSA.

7. Creating an Unrealistic List of College Options
Cast a broad net to learn what schools are looking for your DD or DS, their strengths and interests. Consider a less known brand or one not on the national ranking lists. Don’t just chase.

BIGGEST MISCUE – FAILING TO CREATE A COLLEGE PLAN

At the core, every family should approach the college process with a comprehensive plan. It should be based on goals and expectations, academic, personal, and financial. A good plan offers the guidance and direction needed to find the right education, for the right reason, at the right school for the right price.

Don’t have a plan or wish to have a check-up, we’ll provide a free review and offer out best practice suggestions for a successful college journey!

Consult an Independent College Counselor

Need help calming the waters, getting started, or just answering questions. An experienced independent college counselor can help parents help their students. They listen, focus on needs and expectations, and help students manage a realistic and holistic college plan. Plus, you get the peace of mind that a professional is on the team 100% of the time.

Tom O’Hare is the Founder of Get College Going, a North Shore-based full-service college counseling practice with resources to assist parents, students, and individuals before, during, and after college. 

Have a questions, schedule a free consultation or obtain your free Comprehensive College Guide at www.getcollegegoing.com –

Follow Get College Going at www.linktr.ee/getcollegegoing

 

Planning Saves…

Planning Saves…

by | Mar 9, 2021 | Before, College Planning

Planning saves time, reduces stress, and creates harmony within a household.

 

College planning is now upon us. When high school juniors and their parents begin the journey, they ultimately find the student joining the incoming class 2022 at the college of their choice. This is an exciting time, occasionally a nerve-racking time culminating with a student opening the door to their next educational experience.

When asked how to start, my answer is always, create a college plan, a comprehensive plan.  A college plan provides peace of mind to all participating in the student’s journey to find their right match. A plan provides clarity, aids with communication, and keeps everyone moving forward, supporting students in reaching their educational goals after high school.

A Good Plan Should Include?
  1. Tools to assist a student and their family determine their college financing capabilities and financial needs. College is an expensive investment, so students and their parents must be under costs, financing, and debt tolerance.  Information essential to the search and selection process, a process well known for every who has purchased their first home.
  2. A process to create a broad view of colleges and universities options that, when narrowed, becomes the student’s pool of right-fit schools. A group of schools checks the boxes for goals and needs and challenges students to exceed their high school accomplishments and achievements.
  3. Structure to help keep students, their parents, and other family members organized and accountable.  The college experience can be complicated and overwhelming, and for busy households, the structure offered through a college plan is essential.  Important for students with heavy in and out of school commitments, parents who travel, and divorced or separated parents. Surprises typically lead to heightened anxiety and frequently miss opportunities.
  4. Provide resources and tools to navigate the journey during unprecedented times. Resources and tools are both conventional and new to support a student and their family through the search, selection, and financing processes. Students and parents today need help with alternative methods to accomplish critical tasks in the absence of college high school visits, college fairs, and virtual worlds.
  5. The guidance and direction need to connect multiple components, and stages into one efficiently managed holistic college enrollment experience.

A college plan is not merely a checklist managed through software. It is an ever-changing process that must be easily adapted based on external forces, unpredicted changes, and the student and their family’s underlining needs. It requires open, two-way communication with participation at all levels. A college plan should spark questions and helps dismay myths.

Consult an Independent College Counselor

An experienced college counselor (can’t fault me for banging my own horn) can help a student and their family develops and manage a customized college plan. A plan that meets individual needs, expectations, and capabilities. A college counselor can cut the stress of the process considerably by layout clear timelines and ensuring the student and parents invest in submitting the strongest application possible. Using a holistic lens, a good counselor will connect all aspects of the college experience, finding, enrolling, and financing the right college to career choice.

Schedule a free consultation and receive a customized plan for your student and family!

Knowing How the Industry Works

Knowing How the Industry Works

by | Feb 4, 2021 | Before, College Planning

Rank, GPA, academic rigor, test scores, sports, dance, and part-time work are many of the components that make up a high school student’s resume. As parents, we work hard to guide our students to become their best, authentic selves. We motivate our students with rewards if they work hard academically and become good citizens.

So why does a student with a stellar resume find themselves deferred or waitlisted at their dream college? Do they receive little or no tuition assistance, scholarships, or need-based grants if they are accepted? The answer is, it is not always about the student.

In a previous article, Pre-qualifying For College Costs, we discussed how important it is for students/parents to know their financial numbers before starting their college search. Equally important is knowing that higher education institutions are businesses. Not unlike students and their families, colleges and universities have their needs and wants. As a business, higher educational institution must manage their needs and wants against hundreds of influencers and business factors. Sometimes these are in direct conflict with the consumer group they are trying to serve.

How do these factors affect students/parents and their college choices?

ð       Supply and Demand – selective institutions are reporting dramatic increases in their incoming applications pool while others are down. Changes are partly due to amended admissions policies, heavy brand marketing, and continued societal pressures: But 60K applications for 3100 enrollment seats.  With over 4200 degree-granting colleges and universities in the US, students and parents need to shop as consumers and explore a broad view of all options, offerings, and possibilities.

ð       Revenue – college and universities rely on tuition and fees and indirect revenue from housing, athletic events, and on-campus consumer purchases. Swings in enrollment, on/off-campus learning, and other concerns due to the pandemic may result in belt-tightening. The financial status of an institution should always be on the radar, just like at home.

ð       FIT – is the academic, personal and financial match that all students and parents strive for during the college planning process. As previously noted, college and universities have their fit, which can mirror a student or be very different. Mastering the FIT can depend on how achievements, personal accomplishments, and authentic self-align with the needs. Results can be surprising and very rewarding.

ð       Costs – achieving educational goals within the realm of one’s financial means is the art of affordability.  Knowing how the sticker price becomes the consumer price is every college consumer’s challenge. Understanding the impact of tuition assistance, scholarships, need-based, and self-help aid is essential to the affordability equation.

ð       Emotional Purchasing – investing in one’s education is a personal and monetary commitment, a big one. Relying on information gathered, research, consultation with knowledgeable advisers, and yes, a time-tested pros and cons process a student and family can make a wise personal and financial decision.

The incoming class of 2022 are on their journey now. Students and parents are encouraged to create their college plan on realistic goals and expectations while keeping a keen eye on the needs, the student and higher education institutions.

Looking Forward….……as of today

Looking Forward….……as of today

by | Nov 23, 2020 | College Admissions, College Planning, College Readiness

Thanksgiving Week, No Time to Pause the College Planning Button

 

The Fall is usually an exciting month for high school & college students as they return to the classroom and campus activities.  This year, life is just a little different. Covid-19 and its domino effects on the education system,  social interaction, and athletics programs have made for a very turbulent and stressful time. As a parent of four, now working adults, I continue to ask myself, what if I was parenting right now. What would I do? Answer- keep to the plan moving forward.

Sticking to the plan, one focused on goals and expectations, is the best medicine for dealing with uncertainty.  High school and college-age students and those who recently entered the workforce are better equipped to pivot and adjust when dealing with the unexpected before, during, and after college. Here are a few time-sensitive tasks and action items that should be part of this month’s plan.

HS Seniors

  • Deadlines – Application deadlines for high school seniors is now upon us. Admissions and financial aid applications are available, ready for completion and submissions. Getting in and paying for college are driven by two essential applications, the Common App and the FAFSA. Each critical, each requiring time and attention to be completed and filed timely.
    • Students electing to apply EARLY should have sent in their Common Application by now. Students who are holding off or still making their final choices are now looking at December 1- through February 1, 2021 deadlines.

NOTE: Colleges are waiting for applications; if ready, don’t wait for future deadlines-file them now.

  • The FAFSA, the Free Application for Student Aid, should be completed and submitted as early as possible. The Application launches the process of determining a student and family’s eligibility for need-based financial aid. Aid provided from sources including colleges and universities, federal and state, and external sources (employers, civic/community/philanthropic organizations).

Note: All students with an eye on attending college in September of 2021 need to complete the FAFSA.

  • Compare and Evaluate – a continuous process that leads to making a final college selection. For some students and their families, it is immediate; for others, additional time to analyze offers before saying yes. The process can include revisiting a campus, the academic curriculum, and the student life scene, which might change one’s perception and impact one’s goals and expectations over time. Evaluating and questioning is common and can be healthy. A life change event like enrolling in college should answer the question, is this the right one for me? Academic, social, emotional, and financial. Will the college I select set me on my path? Deposit Day is May 1, 2021.

HS Juniors

  • Prequalification before Shopping – the college lists are ready, but how many students and families have evaluated the cost. College is expensive, ranging from $116,000 to $215,000, public and private in-state. Such a big-ticket purchase should first begin with a simple prequalification. Sticker price minus tuition assistance equals the net cost to the student and their family. Dreaming I can get in and hoping I can pay is a recipe for trouble, financial trouble.
  • Evaluating during a pandemic – traditional meet and greet and campus tours are out. Virtual tours, self-guided campus visits are now the play of the day. However, we will return to actual campus visits sometime this Spring, and current juniors and their parents need to be ready. Ready with their top options and the hardcore questions to be asking when finally meeting with college representatives.
  • Standing Out – Never has it been more critical for students to build relationships and raise awareness on college campuses. In these current times of canceled high school visits and college fairs, relationship building between students and college representatives is not happening. To stand out, students need to become a marketer, communicating, and engaging college. Texting, email, and phone calls are three ways a student and college representatives can connect. Waiting for college could result in lost opportunities for acceptance and financial offers. Raise your hand and say hello today!

Workforce November Checklist

  • Returning to School – COVID-19 might have dusted off the idea of returning to college to complete a degree, start a new one (BS/MS/MD) or add a professional skill. Institutions are looking to your interest and can get you started quickly. Consider your eligibility for employee reimbursement benefits, federal and institutional financial aid, or use of programs offered through MassHire and the Career Centers in Salem and Woburn.
  • Managing Educational Debt – federal student loans and some private education loan programs have been on hold during the CV-19 pandemic. But come December 31 and no additional offerings from Washington, loan payments will once again be due. Now is the time to evaluate the use of education loan refinancing to help stabilize budgets and loan payments, lock in all-time loan rates and help with the overall management of education loan debt post-CV-19. Resources are available to help with best practice decisions, including those through AAA Northeast.

CALMING THE WATERS – Are you feeling anxious? Have questions? Everything starts with a Conversation – Text, phone [617-240-7350], or email at tom@getcollegegoing.com  Follow me on FB/getcollegegoing  – Learn more at www.getcollegegoing.com

Looking for quality virtual (college planning) support during these uncertain times, Pivotal College Years, an affiliated partner of Get College Going,  and is making the College Planning Portal for Families FREE to EVERYONE until December 31, 2020. EVERYTHING college before, during, and after, in one place.

Father Time

Father Time

by | Nov 18, 2020 | Before, College Admissions, College Planning, Uncategorized

If you follow dates on the calendar, here are a few to watch for as of today:

  • 37 days till Christmas
  • 43 Day till new Tax Year
  • 43 Day till the start of Regular College Admissions

We’re all waiting for December 25 with joy and excitement, even if it means Santa drops in through the virtual chimney. If you’re the parent of a high school student, 1/1/2021 is a day to circle on the 2021 calendar.

Christmas comes but once a year. We prepare some beginning before Thanksgiving, others hoping for good deals on Black Friday, while others procrastinate till Christmas eve and rush to find one last gift.

College planning can replicate preparing for a significant holiday or life event with many high school students, and parents are ahead of the game; many have unfortunately been procrastinating.

  • High school seniors who are still evaluating and considering options have time, but the next deadlines are fast approaching. The pandemic has adjusted many premier colleges and universities’ deadlines; meeting early Spring Admission deadlines can only benefit students.
  • Financial aid applications are another story. The timeline is now! Understanding cost, eligibility for financial aid, and the ability to receive timely notification of aid award offer from schools will only happen if the FAFSA, Free Application for Federal Student Aid is submitted now.
  • January 1, 2021, introduces a new tax year that will affect families’ financial aid eligibility for students entering college in September of 2023. That is right; a two-year look back is part of the college financing landscape. Parents of high school juniors, your base year 2020 is closing fast.

Our Thanksgiving feast is right around the corner; 1/1/2021 might seem like tomorrow for many anxious high school parents and students.

Questions? Concerns?

Start a conversation – 617-240-7350 or tom@getcollegegoing.com

September Brief

September Brief

by | Sep 17, 2020 | College Admissions, College Planning, Financial Aid

September 2022 – today’s high school Juniors – the pause button might be on as your student adjusts to the new classroom setting and class schedules. Still, I encourage you to provide time to talk about your student’s educational pathway after high school. If the conversation leans towards college after high school, click the button, and start the college planning process. Building and refining college lists, learning your family’s prequalified financing numbers, visiting college campuses (virtually now), and engage college representatives can be time-consuming. Providing time to plan and complete tasks will bring harmony to our already stressful days.

September 2021 –  there is no pause button for high school seniors considering college next September. College lists, campus conversations, and evaluation should be entering their final checklist stages. Here are three pressing assignments:

  • October 1 – The Free Application for Federal Student Aid is available for completion. All students (and families) considering enrolling in college in September of 2021 and interested in applying for financial aid must complete the FAFSA. Whether the student begins at Traditional Four-Year, Community College, and approved Technical and Professional Program, obtaining financial aid starts with the FAFSA. Read these helpful tips before starting.
  • Common Application, Essay, and Recommendations – All admissions application documentation and supporting material (art portfolios) should be nearing completion for HS Seniors at this time. Application submission for many schools will begin as early as November 1 (Early Action) and run right through to January 1 of 2021. Read important tips shared by Shelly Honeycutt, co-creator of Pivotal College Years.
  • Word on Test Score– if a student had the chance to sit for the exam, excellent. Consider including the score if it supports the student. If there is an opportunity to sit for October/November test, sign up and take the exam. If you can’t, don’t panic, colleges and universities know of the enormous challenges experienced by students this year. Press forward with GPA, rank, the other essential student differentiators!!

Today, September 2020 – If the current pandemic has caused a pause and the thought of returning to college is now top of mind, many options are available. Complete the degree started, tackle the Masters, or increase professional certifications through a single course.

Student Loan Repayment – lurching in the path of another storm is December 31, 2020. Unless there are other rulings from Washington, federal student loans placed on hold due to the pandemic will begin new or return on December 31. Student loan borrowers need to prepare for this change and if needed, investigate education loan consolidation or refinancing, especially if high-interest private loans are part of the picture.

September welcomes in the Fall and so much more…

CALMING THE WATERS – Are you feeling anxious? Have questions? Feel free to reach by text or telephone [617-240-7350], email at tom@getcollegegoing.com, or follow me on Facebook /getcollegegoing

Looking for a quality virtual (college planning) support during these uncertain times, Pivotal College Years, an affiliated partner of Get College Going,  is making the College Planning Portal for Families FREE to EVERYONE until December 31, 2020. EVERYTHING college before, during, and after, in one place.