Showing posts with label university advisors. Show all posts
Showing posts with label university advisors. Show all posts

Monday, March 16, 2009

Spring NACAC College Fairs

It’s mid-March and for juniors in metropolitan areas around the U.S., there’s a pretty good chance they’ll be a NACAC college fair in your region. NACAC fairs give students the opportunity to visit various college booths and learn more about higher education opportunities available. College representatives are friendly, informative, and can be an advocate for you in the admission process. You’ll notice some familiar college names, but many of the institutions represented will be out of your region, out of your state, and in some cases, international!

I’ve heard many students ask why going to college fairs is important since all the information is available online. Well, the information is online, but learning about other college possibilities, engaging people, and taking an active first step in the college search is productive. Parents should allow their son(s)/daughter(s) to drive the process when you arrive at the fair (after all, it’s the student that will be enrolling in college, not the parent!). Come prepared with some questions that may not be found online and with an adhesive address labels so you don’t have to fill out college inquiry cards repeatedly. Admission Officers will be impressed with good questions. You may even want to take their card for follow-up purposes down the road.

It’s also important to take notes about the specific schools so you remember what you heard and/or learned. The college search can sometimes be a maze and with thousands of schools out there, you want to have the information documented in a systematic way that works for you.

Good luck beginning your college search! You will not be disappointed by the NACAC Fair in your area.

Liam Dunfey
University Advisors

Monday, March 2, 2009

Stimulating Accessibility to Higher Education

A higher education is a life-long investment. It's nice to know that the federal government feels the same way. If you watched Obama's speech to congress, he gave us sobering news about how less than 50% of students who enroll in college actually finish. The reasons are many - money, timing, family, fit, etc. By 2020, he wants an american workforce where at least 50% are college educated. Here's how his administration will help meet that goal.

The federal government will spend approximately $13 billion in stimulus funds on improving the accessibility of financial aid to college students around the country. It is predicted that the stimulus will offset about $2,500 in college costs on average for millions of lower class and middle class families. In addition, Pell Grant and College Work Study allocations are set to increase.

Pell Grant funding will increase its maximum award by $500 next school year, to $5,350. Additionally, taxpayers earning up to $80,000 for single filers or $160,000 for joint filers will be reimbursed for the first $2,000 of tuition and books. Unlike previous student financial policy, college students who file separately from their parents and who don’t make enough money to pay taxes will be eligible for a rebate. The bill will also allow families to spend money from over 500 college savings plans on computers.

What does all this really mean for families? This doesn't mean that tuition for higher education will stop or that it'll be easier to get into the more competitive schools. What it does mean is the federal government is doing what it can at this point to fund american's higher education aspirations. I'm still advising families to save for college, apply for outside scholarship money, and to look for the best possible loans.

Liam Dunfey
University Advisors

Friday, January 23, 2009

Ten Financial Aid Questions

Let's face the fact that financial aid can make or break a decision about attending a particular institution. Here are ten questions that I recently read about from the latest HECA e-newsletter that you can ask an admission officer about financial aid before making an informed decision:

1. What is the average four-year graduation rate? What are some reasons why students don’t graduate in four years?
2. What is the average loan debt of a graduating senior?
3. How do you handle outside scholarship awards? Some colleges will reduce loan and/or grant awards.
4. What are the projected tuition increases over the next four years? What’s been the rate over the last five years compared to inflation?
5. Do you offer both merit and need based aid?
6. When packaging financial aid awards, do you meet full need or gap students?
7. Is institutional aid available, and if so, is it re-evaluated annually based on a family’s circumstances?
8. Does applying to financial aid impact admission decisions?
9. What are the criteria for merit aid?
10. Which need analysis methodology do you use?

Liam Dunfey
University Advisors