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Fix Financial Aid? OK.

Posted on March 22, 2021 by Patrick O'Connor Leave a Comment

Calls for improving the way students apply for financial aid have been flooding the college admissions world, thanks to two articles by college admissions writer/guru Eric Hoover.  The first article goes into painful detail of the painful process (yes, it deserves two painfuls) many students experience filling out the CSS Profile, a financial aid application many colleges require in addition to the FAFSA.  Not only does this monster weigh in at about 100 questions; students have to pay to submit it (although waivers are available).

This article was a – well, painful – reminder to everyone involved in college admissions of the awful realities of applying for financial aid – basically, the more you need the money, the harder it is for you to apply for it.  Low-income families may be familiar with getting deluged with paperwork for mortgages and credit cards, but there’s something about making families go through myriad hoops to get a college education that simply keeps people up at night.

Eric gives us a glimpse of what some colleges are doing to ease this burden in a follow-up article featuring colleges that have dropped the CSS profile and developed their own shorter form of about thirty questions.  By itself, that seems like a step in the right direction, but observers wonder if that really helps students.  If they now have to answer thirty different questions to apply for aid at each of the five colleges they want to attend, that’s 150 questions.  Does this make the CSS Profile look like a better deal?

It’s clear colleges need to make sure the aid they offer goes to those who truly need it, but if the process used to confirm eligibility is enough to keep students from applying for aid and for college in general, something’s got to give.  Congress recognized the need to simplify the FAFSA form used to qualify for federal aid, reducing the questions from 108 to thirty-six.  Is that enough of a change to have more students persist, especially when entering first-year classes are expected to decline significantly in the next few years?

If ever a situation existed that calls for major realignment, this is it – and two ideas are out there that could do exactly that.  Jon Boeckenstedt, vice provost for enrollment at Oregon State, took a look at some data when he was at DePaul, and he decided to examine the relationship between what a family is expected to pay for college – the EFC (Expected Family Contribution) – and the answer to just one question on the FAFSA – What is the parents’ adjusted gross income (AGI)?

The results are on Jon’s blog, and while I don’t claim to be a data person, I seem to recall something about how nice straight lines at a 45 degree angle tell you something is up between the two data points you just graphed.

To my knowledge, no one has ever done anything with this idea, but maybe it’s time they tried.  Jon writes that Congress once considered reducing FAFSA to two questions: parental AGI and number of people living in the house. Yet, something clearly got in the way of taking that road, since the new FAFSA is stuck in the mid-thirties.  Politicians hate to tempt people with programs that are too easy to apply for, so that may be at play.  But look at those lines on Jon’s blog. Doesn’t that make you wonder?

If two questions seems like too easy a fix, colleges could also consider the supermarket approach to financial aid.  More than one college admissions professional has said that college is one of the few commodities you agree to buy before you know what the price is.  Cans of tuna have the price on them; so do new shoes and college textbooks.  Once you see the price, then you pull out your wallet.  But at best, colleges send the financial aid information with your acceptance, and most send it later.

That strikes a lot of people as a very backwards approach, and it was one of the things the Net Price Calculator was supposed to fix.  But NPCs only take scholarships and grants into consideration, and many don’t include so-called “merit” scholarships.  If you want to know how much your monthly loans will cost – or even how much your loan will be – that’s going to wait at least until you’re admitted.

What if a college decides it’s a supermarket, and puts the price on the goods before they’re sold?  Reduce your in-house college financial aid form to two questions (AGI and people in the house) and use that to build a complete financial aid package within two weeks of receipt of the information – grants, loans, work study, the whole ticket.  You include all kinds of disclaimers pointing out the student hasn’t been admitted yet, but IF they are, here’s what they can expect, give or take five percent. That’s a lot of wiggle room, but it’s better than what the student gets now – and if the two questions are as accurate as they appear to be, the wiggle room likely wouldn’t be necessary.

There may be a million reasons why this might not work, but hundreds of colleges just flipped their required SAT policies on their heads because reality said they had to – and test scores were considered untouchable by most of these places just twelve months ago.  Higher education has a reputation for focusing on the solution and not the problem.  The times we’re in give us a chance to break that mold and open up the gates of learning to thousands of students who are currently stuck on the outside looking in.

University of Exeter makes international student scholarship and admissions news

Posted on February 20, 2021 by admissions.blog Leave a Comment

University of Exeter, a member of the Russell Group of research-intensive UK universities, has shared some exciting news for prospective international students: a new scholarship opportunity.

The UK university, which has four campuses – Streatham and St Luke’s (both of which are in Exeter) and Truro and Penryn (both of which are in Cornwall), is offering a range of full, £10,000 and £5,000 tuition fee scholarships for international fee-paying students starting in September 2021. These undergraduate Global Excellence Scholarships are on offer across a number of academic programs. In particular, Global Excellence Scholarships recognize high academic achievement and assist students in accessing Exeter’s dynamic teaching and learning community. For more information click here.

Yet, news of Exeter’s international student scholarships isn’t all there is to report from the southwest of England. Exeter is also currently running a number of online live chats for a number of undergraduate programs. These live chats are a chance to talk to a current student and, where available, a member from an academic department from the subject a student is interested in studying. Students can ask any questions about course content, teaching, assessment, applying and student life at Exeter. To find dates and sign up for such a chat click here.

Meanwhile, if a chat isn’t enough for you, but you can’t make it to Exeter’s campus in person, the university’s new virtual tours are the next best thing. These 360 Virtual Campus Tours of Exeter’s impressive campuses in Devon and Cornwall allow students to take a look around the university’s accommodations, sports centre, library, seminar rooms, and lecture theaters. To learn and experience more of Exeter and its campuses, we recommend perusing the university’s YouTube channel.

With so much valuable information at your fingertips online, there’s not better time to seriously consider studying at Exeter.

Avoid Tuition Anxiety: Put Strong Merit Aid Colleges on Your List

Posted on July 22, 2020 by Neeta Vallab 4 Comments

Already mostly unaffordable for middle-class families, college costs have gone up by about twenty-five percent in just the last ten years. For the past two decades, sticker prices for public and private colleges have increased more than the rate of inflation almost every year. The average cost of attending a public four-year college is $22,000/per year and $50,000/per year for a private four-year college. Yet, there are ways for families that aren’t loaded to afford college in the United States.

Stay away from the ‘student loan trap’

Student loan debt is the second-highest household debt category ($1.6 trillion with 45 million borrowers!); only mortgage debt exceeds student loan debt.

Still, college graduates annually make about $32,000 more than high school graduates on average, and on average over $1 million more in a lifetime. There can be a huge payoff for going to college, but how can students avoid taking out outsized student loans for their education? The key to avoiding the student loan trap is to make your “out-of-pocket” expenses as low as possible and take out as small of a loan as possible (ideally one with a very low and subsidized interest rate as well). This is particularly important if you don’t qualify for some, any, or enough need-based financial aid, yet can’t afford to comfortably pay the Expected Family Contribution (EFC) of the college you want to attend.

Assess your financial situation

For many colleges, the Federal government methodology determines if you qualify for need-based aid and how much. Expected Family Contribution (EFC) calculations are based on information parents/guardians are asked to disclose regarding their financial history on the FAFSA form for financial aid. A family earning $130K per year would generally be considered ‘rich’ enough to pay 20% of their annual salary toward college costs.

Find scholarship money at the source

There’s a better strategy to help you reduce your out-of-pocket college expenses and that’s by finding and comparing merit aid offers. The largest pool of non-loan money is available directly from colleges in the form of merit aid scholarships. Understanding how colleges award these scholarships requires a thoughtful strategy. Having one can help you reduce tuition costs by thousands, and even tens of thousand of dollars. Colleges award over $8 to $10 billion dollars in merit scholarships annually, which is the largest pool of money available to families who don’t qualify for need-based grants.

What is merit aid and how does it work?

While mostly awarded to students who show academic excellence, merit aid is also awarded for other talents in music, art, or athletics. Merit Aid scholarships are used by colleges to attract students who can boost the applicant stats of a school. They’re usually offered to students in the top 25% of a college’s most recently admitted first-year class.

Because many colleges offer merit scholarships, you don’t need to have straight A’s or a 1600 SAT score to be awarded merit aid. Each school has its own top quartile stats.

Merit aid grants, unlike loans, don’t need to be repaid. In most cases, there’s no separate application process and colleges share award amounts in their acceptance letters. Most are renewable and you’re eligible to receive them for four years, but it’s important to check requirements and renewability. Often, you must maintain a certain GPA in order to continue to be eligible each year for the award.

How do you find merit aid?

Make a list of all the colleges you are interested in and find their common data set. Once found, you can apply top quartile data for your standardized test scores, but not for your GPA. You can go to the website of each college to find common data information or you can use the Common Data Set Initiative to find the information. A search engine called MeritMore allows you to search across schools to find and compare merit aid offers using your standardized tests scores and GPA.

What can you do with merit aid information?

First, check to see if your top schools may offer you merit aid. Second, compare aid offers from your top schools against each other. Third, explore other financial-fit schools that match your criteria, but may not have been on your radar. Finally, use merit aid comparison data to make informed decisions about colleges you can afford, the true cost of attending each college, and the total loan you may need to borrow.

Our Next Quarantine Lesson: We’re Blowing it for This Fall

Posted on June 24, 2020 by Patrick O'Connor Leave a Comment

It isn’t just the seniors who missed this year’s scholastic rites of passage.  Students may be the stars of this show, but there’s something about weak lemonade, folding chairs, and speeches about pursuing your passion faculty and administrators find just as assuring as the honored students.  It’s the closest we get to winding down a year and taking a breath before taking up the task of deciding how the coming year could be smoother, better, or more effective. And if ever there was a year when that breath was needed, it was this year.

We didn’t get it.  Instead, pundits and parents, who had spent the spring seeing first-hand what educators really do, were banging on academia’s gates, asking about the resumption of “school as usual” in the fall with a keen level of expectation.  They may have been saying “Will schools reopen?”, but they meant “Schools had better reopen.” Unaccustomed to making such deep decisions on the fly—and, frankly, a little exhausted from having made two months’ of such decisions on the fly—K-12s and higher ed begged off.  Let’s see what the numbers look like, they said, and we’ll have an answer soon.

Wow, did we blow it. One of the best ways to convey confidence in leadership is for leaders to make decisions with some sense of anticipation and planning.  Given all the seemingly spontaneous decisions this spring required, how much better off would we be in the eyes of the public if we had used April and May to say what really needed to be said in three key areas:

“We’re going to review our entire application process.”  School counselors are exhausted by June, but word that hundreds—that’s right, hundreds—of colleges were not requiring SAT or ACT scores for this year’s juniors created a groundswell of euphoria unknown to the summer months.  The arguments for ridding college admissions of these tests are better articulated elsewhere (like here).  Now that quarantine had added one more point to the argument—that the students just can’t take them—colleges succumbed to the reality in hordes, leaving counselors hopeful that, as long as they were checking under the hood of their admissions policies, admissions folks would toss out some other policies that deny college access to many students who need it most.

That bigger review doesn’t seem to be appearing.  In his typical fashion, Lawrence U dean Ken Anselment was the first to suggest in a Tweet that colleges should use this opportunity to clean up the entire admissions process, instead of taking an approach centered on the question, “So, how do we make admissions decisions without test scores?” If anyone can make major revisions to their application in two months, it’s Ken and the Lawrence crew.  It would have been better if, as a profession, all colleges had committed to this in April, creating more time and space to ask the bigger, better questions.

“We’re going online, and it’s going to be great.”  Colleges also tried to buy some time this spring when they were asked how instruction was going to occur.  As a group, they intuitively demurred, sure that any answer involving pure online courses would turn off students looking for a “full college experience,” sending them into the arms of community colleges, and leading many small private liberal arts four-years with weak decades-long financial struggles to close.

These same considerations are evident in the early announcements some colleges have made about Fall classes.  Hoping that reduced sizes of in-person classes and cancelled Fall breaks will contain the health risks, these colleges are ignoring the realities of some of their own football teams, where summer scrimmages are leaving up to twenty-five percent of the team COVID active, and at least one re-opened bar in a college town, where a quarter of all patrons are now on self-quarantine (and this is before students show up). It’s clear the best health option for all is to stay completely online—but how do you sell that to a student who just had a slew of online classes at either college or high school that, by and large, were less than they could have been?

Enter the professors.  It’s easy to see how parents and students don’t want to pay for weak online learning.  On the other hand, professors and high school teachers had about a week this spring to turn their classes into an online version of its face-to-face self, a task most colleges give professors an entire semester (and time off) to do.  Now that the summer is here, college instructors can give their courses the firepower they need to be more vital, more individualized, and more like the face-to-face thing.

If colleges connected the professors to families who rightfully see online learning as dubious, the profs could bring their websites along and show how these courses are more robust than their springtime counterparts.  Smaller colleges have long tried to get faculty involved in discussions with students, because good profs create an excitement about learning that closes the enrollment deal.  The same could have applied to online learning, if we had started sooner.  Now, we’re forced to play catch up again.

“We want your kids to be healthy.” The teachers at a local kindergarten decided they wanted to run a quarantine version of kindergarten graduation.  They made a giant rainbow arch, a few lawn signs, and went from house to house of every one of their students.  They’d set up the display, have their student walk through the arch, and created a composite video of the whole event.

A success?  Not really.  The edited video didn’t show what really happened: that the excited students broke every safe-distancing rule in the book when their teacher showed up.  Kindergartners love their teachers (thank goodness), and two months apart led to a euphoria that was shown by hugging everything in sight, a scene that’s reassuring to everyone but the Health Department.

In a nutshell, that’s why reopening K-12 schools to any kind of face-to-face learning is a bad idea.  Wal Mart can’t even get “adult” customers to wear a mask; what chance does a teacher have making a dozen five year-olds practice safe distancing?

A joint effort by state and federal officials in April, devoting dollars and expertise to developing nationwide broadband access and best practices in K-12 online learning, was the best answer to teaching students.  It also would have given time for working parents to develop resources for child care.  Instead, K-12 is left with a continuation of the catch-as-catch-can policies that allowed them to limp to June in one piece, thinking that a couple of days in the classroom each week will placate parents.  It might, until school closes again for quarantine—and if you think of the last birthday party you attended for a seven-year old, you’ll understand why that’s a certainty.

Accepted to a top college but short on money? What now?

Posted on April 18, 2020 by Elise T. Ingram Leave a Comment

The average annual tuition at America’s most selective colleges and universities is over $50,000, and some schools cost $75,000/year or higher when you’ve factored in the cost of living. While attending a top college can open doors, introduce you to the right people, and help start your career on the right foot, it can also have serious long-term consequences for your finances.

What You Need To Know Before You Start

In order to maximize your time in one of the most sought-after colleges or universities in the country, you’ll want to make sure your finances don’t slow you down. Here are some pointers:

1. Narrow Down Your School List Early

Preparation is the best ways to ensure your success during the college admissions process, in college, and beyond. Knowing which schools you want to apply to allows you to prepare your course load and project your finances during your your undergraduate career and afterward.

If you’re still in high school, at minimum, make sure you talk to your school’s guidance counselors early and often. If you are returning to school as a mature student, seek out the opinions and perspectives of co-workers or friends. No matter your age, it’s also wise to consult with an expert to help chart your own unique course. You would be surprised how many connections you already have to help you navigate the admissions process, secure interviews, and get the right references.

2. Think Seriously About Where You Want To Live

Campus living is among the most expensive parts of college life. As handy as being on campus is for socializing, special events and networking opportunities, it can burn a hole in your pocket. The biggest perk is that living off-campus with a roommate can save you money.

3. Talk To The College About Your Financial Situation

Many top colleges and universities offer need-based and merit-based financial aid and are specifically looking for a more diverse student body. If you are in a low-income situation, a mature student, or belong to certain minority groups, you may be eligible for some of these scholarships, bursaries, or other financial aid.

Many students can wind up paying tuition at a steeply discounted price. In fact, the average tuition fee a student actually pays is around 49% of the advertised tuition price.

If you plan to apply to a very selective college or university, contact it immediately to see what is available before you apply.

4. Fill Out Scholarship Applications – All of Them

Conservative estimates put the dollar amount of unclaimed scholarship somewhere in the hundreds of thousands. Aside from contacting the school for their aid and scholarship requirements, check out online spaces and admissions services and scholarship search engines to help you find other scholarships.

5. Talk To Your Financial Institution

Student finances go beyond student loans and scholarships. Talk to your bank about a student bank account and student lines of credit. A student bank account can provide a better rate for your banking services, and may be able to provide cashback for your day-to-day spending.

A student line of credit can also help you start out with healthier credit before you pay back your student loans. It can also help ease the strain of your budget, by providing you with extra cash where and when you need it.

How To Earn Money While At School

Having a solid financial plan when you apply is a good start but how do you ensure you stay in the black when you’re finally at the school of your dreams? Thanks to the internet, there are a surprising number of ways to earn while studying. These are just a few.

1. Part-Time Jobs and Paid Internships

This is the first, and most obvious. Plenty of jobs and opportunities are available on- or off-campus. If your grades are good enough, you may even get the opportunity to shadow or assist a professor, which is not only good for your bank account but looks great on your resume.

2. Tutoring

Check with your school’s tutoring policies. If you can keep your grades up to scholarship level, you may be able to qualify as a tutor. Also, your placement at a highly selective college or university alone may make you a sought after tutor for high school students in the community or online.

3. Content Creation

We’re living in an era where content is king. If you’re a decent writer, and you have some downtime, you can position yourself as a freelance content creator. All that’s really needed is basic proficiency in writing, and some basic research and communication skills. Knowing a few basic concepts in marketing would also help but is not required.

You can earn a decent weekly pay from freelance sites and article writing services, and if you have the time and dedication, you can even start your own blog. A successful blog monetized with ads and affiliate sites can earn you passive income.

4. Freelance Artist

If you have talent in the arts, freelance sites have more to offer than simple content creation. You can find jobs from digital design, photography, video editing, and even voice acting work. Freelancing means you can set your own hours, and indulge your creative side between classes.

5. Remote Call Centre

Remote call-center work is another great option for students. It’s easy to set up at home, with just a private line and a hands-free microphone headset. Jobs are available online directly through the companies or third-party job board sites.

Like content creation, these usually don’t require a rigorous screening. Most companies will provide any training you need, and you will be able to set your own hours. It’s important to note that you are expected to match their tech requirements. You will also be required to work a certain number of hours each week. However, remote call centers and data entry jobs do pay better than freelance in most cases.

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A selective education doesn’t come cheap. With the right preparation, a good support system, and a lot of hard work, you’ll be able to get the full experience and still take care of your bills.

Making a Calm College Decision

Posted on March 22, 2020 by Patrick O'Connor Leave a Comment

Happy woman holding paper reading good news college admission concept. Indian ethnicity woman sitting on couch at home reading paper notice receive good news stock images

This is typically the week many high school seniors are a little tense about their college plans.  The last few colleges are sending out decisions this week, and they tend to be the colleges where the admit rates are a little less than getting struck by lightning, so the hopes are high, while the odds remain low.

Now that the big week is finally here, here’s a quick list of things you should focus on to make a quality decision for life after high school:

What you do with the college experience matters more than where you go.  Most counselors save this advice for the end of articles like this, but these are unusual times. Chances are, if you’ve applied to a highly selective school, you have what it takes to do well there—it’s just that the college runs out of room before they run out of great applicants.  This means that the talents, habits, interests, and way you look at the world has prepared you to do great things wherever you go.  The college you attend won’t automatically make you a success; that will still be up to you.  So your future will still be in your hands, no matter what the colleges have to say this week.

It looks like another record breaking year. There are fewer students graduating from high school this year, but that isn’t keeping many colleges from seeing new highs in applications—and some that are seeing declines are still admitting less than 20 percent of their applicants.  Combined with an increase in the number of students many colleges took through early action and early decision plans, that leaves precious few seats to give out this week.

Yes, No, or Maybe, read the entire letter.  A student I am close to—OK, it’s my son—was so happy to read he was admitted to his first choice school he didn’t bother to read page 2 of the acceptance letter.  I did, and it’s a good thing, since it included information on the merit scholarship that made his attendance their possible.  Other yes letters have information about when deposits are due, and those are important as well.

Letters that waitlist you are even more important to read, since staying on the list may require you to do something—email, send back a card, update your application—by a specific date.  Even the letters of denial could give you information about transfer options that may now come into play.  So read the letter from start to finish, and have a parent do the same.

Read, and update, your financial aid information.  There’s a good chance all your colleges are going to be sending financial aid packages this week.  These are based on the financial aid information you gave them two months ago, when the world was a quiet place, before the stock market lost 30 percent of its value—and possibly before you or your parents lost their job.

The only way a college will know your financial picture has changed is if you tell them, and this is college—so it’s not time to be shy.  Pick up the phone, call financial aid, tell them your new story, and be ready to send supporting documents.   You’re this close to making the dream real.  Keep working.

File financial aid for the first time.  It’s certainly true most colleges have given all their aid away to students who applied for it in February, but many of those students turn down packages, or go to a different school.  If you now need help paying for college, get the forms in yesterday—check the college’s website to find out all the forms they need, and where you should send them.  Calling to ask is an even better idea.

Ask for an extension to the May 1 deposit.  Many colleges understand that this spring isn’t exactly normal, which is why they are moving their deposit deadlines to June 1 or later.  If your college isn’t doing that, you can still call and request an extension for personal reasons.  They might say no, but the only way they say yes is because you ask—kind of like the only way they admitted you is because you applied. Make. The. Call.

Apply to more colleges.  Except for the Top 50, every college in this country is still taking applications for fall admission—and, as mentioned before, some will still have financial aid to offer you.  If you’re looking at changing your college plans due to all the changes in the world, lots of colleges are eager to hear from you for the first time…

Consider transferring …and thanks to some pretty strong transfer options, you could still end up graduating from your dream school, even if you can’t start there.  The best way to plan a transfer is to call the college where you want to finish, and ask about transfer options.  Building the plan from the end means you know where to start, and what classes are best to take to minimize the credits you’ll lose when you make the shift.  Ask for transfer admissions when you call.

Talk to your counselor.  One upside of all of this is that counselors now have more time than ever to talk college with you, since they don’t have to do lunch duty.  I know, I know—they have 8,000 students on their caseload, and they might not know you well.  They will once you tell them who you are, and what you need—and that window is now more wide open than ever before.  Most schools have sent students direction on how to reach out to counselors.  As is the case with most things in life, what you do with that information is now up to you.

Dickinson College updates value of scholarships and more

Posted on October 1, 2019 by Craig Meister Leave a Comment

Dickinson College in Carlisle, Pennsylvania

Dickinson College’s merit scholarships are designed to recognize exemplary academic performance without regard to financial need, and the Carlisle, Pennsylvania-based college recently restructured the amount each scholarship is worth. Prospective applicants should sit up and take notice!

Only the presidential scholarship requires a separate application; therefore, all Dickinson applicants are considered for the other merit awards by submitting a compelling Common Application.

  • Presidential Scholarship $35,000/year
  • Provost Scholarship $30,000/year
  • 1783 Scholarship $25,000/year
  • John Dickinson Scholarship $20,000/year
  • Benjamin Rush Scholarship $15,000/year

Those are some major awards that would lead to serious reductions in a student’s cost of attendance.

In other Dickinson College news, the college no longer offers Early Action admission. Dickinson will maintain two rounds of Early Decision (with November 15 and January 15 deadlines) and Regular Decision (a January 15 deadline).

In addition, Dickinson has partnered with MyinTuition, which is a quick college cost estimator. It’s a simple and straightforward way for families to anticipate their out-of-pocket cost and get a sense of their eligibility for need-based aid.

Finally, and in many ways most important, Dickinson’s recent development of a Center for Advising, Internships & Lifelong Career Development has strengthened the college’s emphasis on student success by strategically combining Dickinson’s Career Center, Office of Academic Advising, internship/externship programming and alumni career services. The college is already seeing the fruits of this new organizational structure:

  • 98% of Dickinsonians are employed, completing an internship, attending graduate school or pursuing a fellowship one year after graduation.
  • 94% of the class of 2019 completed an internship, research, externship, service-learning or field experience course.
  • Dickinson’s acceptance rates for the class of 2019 are 94% for law school (compared to the 75% national average, according to the Law School Admissions Council) and 95% for medical school (compared to the 39% national average, according to the Association of American Medical Colleges).
  • 100% of the class of 2023 connected with faculty and Center for Advising, Internships & Lifelong Career Development advisors to select classes.

Those members of the Class of 2020 or 2021 interested in Dickinson should consider attending either Dickinson’s October 14 or November 9, 2019 Fall Open Houses, which offer an wonderful opportunity to get to know Dickinson up close.

Boston University to meet 100% of student need

Posted on August 21, 2019 by admissions.blog Leave a Comment

Boston University’s Associate Vice President for Enrollment & Dean of Admissions, Kelly A. Walter, has announced that BU has a new, expanded financial assistance program, affordableBU, that will meet 100% demonstrated need of any admitted first-year student who is also a U.S. Citizen or Permanent Resident.

“We understand that now, more than ever, students and families expect a return on their investment when choosing where to apply to college. BU pledges to deliver that…” continued Walter. BU applicants’ financial need is determined based on both the FAFSA and CSS Profile™. Once BU has determined what a family’s expected contribution is, the university subtract that from the full cost of attendance. The difference, what BU refers to as “calculated need,” will be made up by financial aid.

Many selective colleges and universities meet 100% of demonstrated student need for domestic students (BU is now in this group); however, others don’t. Only a rarified few do for international students as well.

If you are interested in BU, be sure to check out its deadlines for when financial assistance applications are due, for the coming year.

Claremont McKenna ‘Preview’ gives some free and full access to campus

Posted on June 29, 2019 by Craig Meister Leave a Comment

Claremont McKenna College’s 2019 fall fly-in program, known as Preview, takes place from October 12 through 15, 2019 and is designed for rising high school seniors who would be first-generation college students and rising high school seniors from “diverse backgrounds,” who Claremont McKenna describes as being, “traditionally underrepresented in higher education.” All transportation costs, housing accommodations, and meals during the program are covered by the college.

The application for Preview, which requires completion of six short essays and submission of a high school transcript and list of senior year courses, is available through August 15, 2019

Applicants and their high school counselors will be notified of the college’s final selection by Tuesday, August 23. 2019. During the program students will have the opportunity to attend classes, explore Claremont McKenna’s eleven research institutes, attend a presentation at the Athenaeum, connect with current students and professors, and generally experience life on and around campus.

Southern California’s Claremont McKenna College (often referred to colloquially as CMC), which has approximately 1,300 students, practices need-blind admissions – students are admitted without regard to their family’s financial resources, pledges to meet 100% of demonstrated financial need of those applicants admitted.

Rising high school seniors with questions about Claremont McKenna College generally or Preview specifically are encouraged to contact [email protected] or 909-621-8088.

It’s a good time to be interested in Williams College

Posted on June 26, 2019 by Craig Meister Leave a Comment

The dean of admission and financial aid at Williams College, a small (approximately 2,000 undergraduates) and selective (approximately 12.4% overall acceptance rate for fall 2019 first-year entry) private liberal arts college in Williamstown, Massachusetts, wants to make sure students know about important opportunities and updates for students interested in applying for 2020.

Liz Creighton, Williams’ Dean of Admission and Financial Aid, has informed high school counselors that interested students should apply for the 2019 Windows on Williams (WOW) program by either the July 1 or August 1 deadline. The amazing WOW program gives more than 200 stellar rising high school seniors the opportunity to spend three all-expenses-paid days on the Williams campus. While diverse rising seniors are encouraged to applying, Creighton notes that, “preference will be given to students who couldn’t otherwise afford to visit.”

Those rising seniors who want to hear from Williams about their WOW decision by July 20 should apply by the July 1 deadline, and those who want to hear about their WOW decision by August 20 should apply by August 1. Rising seniors with questions should contact Williams with any questions.

Creighton also underscored Williams’ longstanding commitment to meeting 100 percent of demonstrated need and providing free textbooks and course materials to all financial aid recipients; yet, she also shared that moving forward there are additional opportunities to support students with financial need. Of particular note are the following four initiatives:

  • Williams’ new “Free Summer” initiative gives students the opportunity to select up to two summers during their Williams career when their summer earnings contribution will be replaced by additional grant funding from the college. The powers that be at Williams hope this new policy will allow students to consider educationally valuable but unpaid or low-paid summer opportunities that they otherwise couldn’t.
  • The Williams Health Insurance Grant now covers the full cost of health insurance for all aid recipients who don’t have insurance that meets the college’s requirements. Students also have access to an Emergency Medical Fund to cover the cost of unanticipated medical expenses like new eyeglasses and emergency dental care.
  • All financial aid recipients now get free storage for their personal belongings during summers and study abroad.
  • Through the First Yard Fund, incoming first-year students with the greatest financial need will receive a $300 startup grant in mid-July to help them buy personal items they need for college, like a winter coat and boots, dorm room supplies, etc.

MyinTuition gives prospects more of an idea of how affordable Williams can be for those accepted.

Williams also offers travel stipends to high schools and community-based organizations who serve low-income students. Counselors interested in learning about how they and their students can connect with Williams in their local areas, are invited by Creighton to contact their regional admission officer.

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