Default HubSpot Blog

Need Help Choosing Your Future Career?

Posted by Manuel Fabriquer on Thu, May 5, 2016 @ 5:11 PM

Need_Help.jpg

There are plenty of resources when it comes to planning for your future. Although you do not necessarily have to know exactly what you want to do when you enter college, it can certainly help. Many schools do not require you to declare a major right upon entry, but give you the opportunity to enroll in a variety of classes while you decide upon your eventual program. The majority of schools require you to declare a major at some point in your second year.

Some high school seniors may know what program or career they are pursuing from the start. This can help with the ultimate college decision, particularly if attending a specific program is important to you, but if you are not ready to choose your career, no worries. Many people even change careers (or majors) during their life. Here are some approaches you can take if you’re still considering your career and possible major of study:

Select a School With Additional Support

Some institutions cater specifically to freshman students who are undecided on their major. These may offer special programs that give students a breadth of knowledge in their first year and allow them to sample a wide array of courses. Other colleges may have additional, personalized support for freshmen, or offer sessions and presentations to help acquaint you with your various options. You might consider choosing a college with one of these helpful resources.

Be Open to New Opportunities

Your education is undoubtedly a time to discover. If you are unsure about your future career, why not explore all the possibilities out there? You can broaden your horizons by enrolling in unusual courses, or participating in a club that focuses on something unfamiliar to you. All of these steps give you a well-rounded education and just might introduce you to your dream job.

Consider Personality or Career Testing

When nothing seems to be your sole passion, you may want to look at career options from other angles. What are you good at? What professions fit with your inherent temperament? If you need assistance in this area, you can speak with a guidance counselor, career counselor, or even do some online research. The Internet offers plenty of career and personality quizzes that can show you what jobs may be naturally most enjoyable to you. And if you don’t find your ultimate career, you will still learn a great deal about yourself.

Give it a Try

If you’re considering a career but are unsure about it, head straight to the source. Learn everything you can about it, interview current professionals, and even visit or shadow at a workplace. If you’re feeling more serious about a specific occupation, you might even apply for an internship in the field. Real world experience is one of the best ways to help you determine the career which will fulfill you the most.

College Planning ABC can help you prepare for your future. Whether you’re ready to dive into a specific major or you’re still sampling the options, a college admissions expert can help. Contact our friendly team to get started today.

 

Tags: college planning abc, college consulting, College Planning News, Manuel Fabriquer, college majors

How Many Colleges Should I Apply To For My College Admissions?

Posted by Manuel Fabriquer on Tue, Sep 1, 2015 @ 8:51 PM
HowManyPhoto

If you’re entering your senior year of high school this fall, you may have begun to give some serious thought to your college applications. Perhaps you’ve already visited some schools last year or over the summer. Maybe you have a few tours planned for the next few months, but haven’t yet fallen for any one university. No matter where you are in the process, the following question will inevitably enter your mind:

How many colleges should I apply to?

While there’s no simple answer or magic number, most college admissions experts and counselors agree that a realistic number is between 8 and 12 institutions. Less than that may be tempting fate, and more than that may be overdoing it. Let’s take a closer look.

All Eggs, One Basket

First off, let’s agree that it’s generally not a great idea to apply to a single school, particularly if it’s not one that accepts nearly every student. Some students choose to do this, and they are accepted and attend that institution. But what if the school you’ve selected doesn’t accept you? Or what if you change your mind and wish you’d considered more options? Even as you narrow down your picks, it’s a smart idea to keep the doors open for a few different opportunities.

Some Considerations

A lot of students like to “diversify” their applications by considering several different criteria. You might apply to different schools based on variations in location, cost, programs, and more. Perhaps you’d like a good mix of public and private universities. All these approaches are wise. The more diverse your prospective schools, the more options you’ll have as acceptances come rolling in. As well, many students find their opinions and interests change somewhat over the course of their senior year. Having a range of school choices may prove wise when you discover you’re suddenly not keen to go to that out of state college.

Reaches, Matches, and Safeties

Another way to “diversify” your applications is to choose a mix of schools that represent a tier of selectivity or difficulty. Ivy leagues and top private universities may be “reach” schools for most students. Even those with stellar academics and impeccable records aren’t guaranteed ivy admission. So these reaches are colleges you know you have a shot at getting into. These are the schools you cross your fingers for!

“Match” schools are those which should likely make up the bulk of your applications. Match schools are those in which you fall inside the statistics of the average admitted student. You have a fairly good chance of being accepted at these institutions.

And finally, “safety” schools are those which you know accept large numbers of applicants and which probably do not have overly rigorous admission standards. Applying to one or two of these is a way of “hedging your bets.”

Why Not Too Many?

Applying to dozens of schools may seem at first glance like a great way to turn the odds in your favor. But in reality, this isn’t the wisest move. Adding more applications can be a financial burden (with high application fees at some colleges) and also may equate to less attention given to each application. This could, in effect, reduce your chances of acceptance. Lastly, applying to an overlarge number of schools could simply add additional, unneeded stress to your life.

 

Looking for advice on what schools are the right choice for you? Contact us today at College Planning ABC, the leading Bay Area college consultant. 

Tags: strategies for college, college planning abc, college consulting, college planning, college applications, Manuel Fabriquer, College Admissions, attending college

What Should I Write About For My College Admissions Essay?

Posted by Manuel Fabriquer on Tue, Sep 1, 2015 @ 10:08 AM
what to write

There are many facets to a successful college application. Grades and test scores, recommendation letters, and interview are only a few of the elements taken into consideration by admissions committees. There is also another important part, and it is one that gives you a chance to share who you are: the admission essay.

High school seniors often panic about writing the essay. With word limits to think about and admissions officers to impress, the essay can seem like it may make or break your admission decision. While a poor essay won’t necessarily ruin your chances of getting into your dream school, it is definitely one aspect that can give you a much-needed edge. So what should you write about? In the end, it’s less about what you write than about how you write it, and even more importantly, who shines through the essay: you!

Get (Kinda) Personal

An admissions essay is not like a research paper or book report. Instead, it is a story. The admission committee wants to read your words and immediately know who you are and what you’d bring to their campus. The more personal you can be, the better. This demonstrates you as a likeable, open, authentic, and genuine person; one who will be an asset to their institution. Your story should be personal and meaningful to you, but it shouldn’t delve into territory that is too uncomfortable. You want to make the readers feel moved, but not put them off with oversharing.

Stand Out

Admissions teams are tired of reading the same old essay over and over again. Many topics are overdone (sports championships, cliche volunteer stories). Consider something fresh, but something that is unique and truly you. If the university offers a prompt for the essay, you’ve already won half the battle. Now, spend some time and come up with a great answer, perhaps one with an innovative perspective that they won’t expect.

Write in Your Own Voice

The admissions essay is not your opportunity to impress (well, maybe a little). It should be clear that you can communicate well with the written word and that you can easily share your views. But leave the “showing off” for other areas of your application such as academic transcripts and lists of achievements. The essay should delve into who you truly are. One of the best ways to do this is to write in your own voice. Avoid slangs and colloquialisms, but try and write in a way that’s similar to how you speak. Don’t bother filling your essay with lengthy vocabulary words you would never use in everyday life. This comes across and disingenuous and most likely doesn’t reflect who you are as a high school student. 

Write About Something That Matters to You

If you only had a few minutes to tell an admissions committee about yourself, what would you say? What story would you tell? The answer to that question may reveal the ideal topic for your essay. A strong essay should have a beginning, middle, and end, and ideally include a conflict or struggle. Showing how you dealt with a challenge in your life is always a great starting point, as is writing about a significant life event that shaped you or changed you. 

Tags: college planning abc, college consulting, college planning, college applications, Manuel Fabriquer, College Admissions, college admission essay, admission essays

4 Common Mistakes Students Make on College Applications

Posted by Manuel Fabriquer on Wed, May 27, 2015 @ 9:48 AM
4 mistakes

In the flurry of completing what seems like mountains of paperwork for your college applications, it is often far too easy to make a careless mistake. While a single error won’t automatically disqualify you for admission, a flawless application is always received better. It’s a good idea to put your best foot forward in the college process, and that means your application should be spotless. Let’s take a look at some of the most common mistakes students make on their applications and how to avoid them.

1.      Forgetting to sign the application.

After completing your application materials, go over them again and again. It’s easy to forget to fill out a section, but you certainly don’t want to ignore an important section such as the signature form, which certifies the veracity of your application. Without your signature, the application can’t be officially considered. So make sure you sign your completed application before mailing it off. Filing out your applications online can be helpful, as an online signature form is typically provided before the application can be submitted.

2.      Using a funny or unprofessional email.

As a high school student, it’s possible you have a clever or funny email you use when keeping in touch with your friends. While this email may be appropriate for use with your peers, you will want to choose something more mature and professional for your college applications. Your selection of iluvjustinbieber4lyfe@aol.com may not be taken as seriously as a more standard email. Save your witty names for your social media and opt for choices like brittanysmith@gmail.com. 

3.      Failing to correct spelling or proofreading errors.

Sadly, some of the most avoidable mistakes are those most often made. It is vital that you comb your college application for minor errors in spelling and grammar. Try reading everything aloud--this can help you to catch some of the more subtle errors. Having a second pair of eyes glance over your work can also be helpful. Ask your guidance counselor to take a look.  Why worry about spelling and grammar? A polished application shows primarily that you are an intelligent student with good communication abilities, but it also highlights the fact that you are putting a great deal of effort into your application for this university. Essentially, attention to detail shows that you care.

4.      Using the wrong college or university name. 

If you’re like most students, you’re probably applying to multiple colleges and universities. This is a great way to increase your chances of acceptance. You will likely use the same resume for each application, and many of the same supporting materials. Colleges often use the same or very similar prompts for their application essays, so you can frequently use the same basic essay for every school. However, you must take extra caution when re-using such items, especially when it comes to the essays. Be sure you are tailoring these items to the school in question and make extra sure you change identifiers for each school. Nothing is more embarrassing than applying to Harvard with an essay that raves about your love for Yale. So avoid that face-palm moment by scouring through your essays and applications before submitting them for good.

Generally, if you follow the directions given for your application, fill it out slowly and with care, and check, double-check, and re-check it, you should have no problems and experience a smooth application process. Additionally, don’t forget to call your college or university to check up on the status of your application. Make sure the application itself has been received as well as any supporting materials. This ensures no surprises and lets you know you’ve done your part in the application process. Now it’s just a waiting game!

Tags: strategies for college, college planning abc, college consulting, college planning, college applications, Manuel Fabriquer, College Admissions, attending college

How Much Does College Really Cost?

Posted by Manuel Fabriquer on Thu, May 14, 2015 @ 10:15 PM
CollegeCostPHOTO

It’s not surprising that college these days can be fairly expensive. Educational costs are rising, particularly as universities strive to remain competitive. Fortunately, with scholarships, grants, and loan options, college is perhaps more affordable than ever. But what is the final cost of those four years? Though you may have a general idea of tuition amounts and the living expenses you’ll be responsible for, how much does college really cost?  

The Basics: Tuition, Fees,  Room & Board

In a recent College Board survey, reports showed that an average budget for an in-state public college was just over $23,000 per year. At a private college, a moderate budget amounted to approximately $46,000. These estimates include all of the basic, upfront items like tuition, fees, room & board, books, supplies, and other miscellaneous costs. Tuition and fees alone might be roughly ½ to ⅓ of that overall estimated budget and will vary greatly depending on your university and, at public colleges, your status as an in-state or out-of-state student. Fees are typically included within the tuition rate, and help offset the cost of student services such as library access, athletic facilities, and on-campus transportation. 

Room & board comprises your housing and dining options. This is a cost which can change dramatically based on many factors. Will you live in an on-campus dorm? An off-campus apartment? Will you have a meal plan and eat entirely at your school’s dining hall? Or will you cook the majority of your meals in your residence? These elements will determine whether you need to consider extra costs up front (such as signing up for a meal plan).

Books & Supplies

First-year students and their parents are often shocked by the cost of books and supplies when they begin their college education. If you’re in a science or mathematics major, you can expect to pay several hundred dollars each semester for your books. Other majors, such as fine arts, may have fewer books, but have hefty costs for supplies. It’s important to prepare yourself for these costs when heading to college for the first time. 

Other Costs

When estimating your cost of attendance, colleges typically include expenses that you won’t find on your bill, such as transportation, personal items, and clothing. Because these estimates will vary from student to student, it’s important to know your own budget for certain expenses. A student whose parents live far away from the university will probably incur larger transportation expenses when visiting home during breaks than a student whose parents live in the next town. Such miscellaneous expenses could amount to several thousand dollars per academic year.

Paying for College

Despite what may seem high costs, there are many ways of financing your college education. If you’re fortunate enough to receive scholarships or grants, this is money you do not have to repay. This will drop your costs significantly. Taking out federal or private loans is also an option, which a vast majority of parents and students choose to take advantage of. Remember, however, that all loans will need to be repaid, and these amounts gather interest. If you take out a substantial loan, you may end up paying a great deal more money than the original amount of the loan itself over the length of your repayment period.

No matter what, you should not let costs dissuade you from the incomparable benefit of receiving a university education. For more information on affording college, please contact us directly at College Planning ABC. 

Tags: strategies for college, college planning abc, college consulting, college planning, college applications, money for college, Manuel Fabriquer, College Admissions, attending college, Paying for college

Unique Scholarship Options You May Not Have Considered

Posted by Manuel Fabriquer on Fri, Mar 13, 2015 @ 9:25 AM
describe the image

Let’s face it: college can be expensive. But with the thousands of scholarship options out there, it doesn’t have to be. Although there are countless students just like you applying for these awards, if you work hard and choose the right scholarships for you, you can greatly increase your chances of winning.

There are many generic scholarships out there awarding big money prizes. Those are the ones that will see thousands of qualified applicants, and it may be more difficult to snag those. But what about specialized scholarships in your field of study? Local scholarships for students in your area? Prizes geared towards your specific talent? Scholarships that award students for an unusual trait? All of these unique and quirky scholarships exist. Why not consider applying for some of these scholarships? If you meet the criteria and can submit the right materials, you just might find yourself with more money for your college education in hand. 

The Writers of the Future Contest

Are you great in English class? Fancy yourself a writer? If you’ve got the linguistic chops, you may want to consider L. Ron Hubbard’s Writers of the Future Contest. Stories of up to 17,000 words in the science fiction or fantasy genre could win you prizes of up to $5,000. This is a great opportunity to flex your creative muscles and try for some serious cash. The current contest ends March 31st, so get writing!

Chick and Sophie Major Memorial Duck Calling Contest

If you can get yourself to Kansas (and have a serious talent for duck calls) the Chick and Sophie Major Memorial Duck Calling Contest could be the scholarship for you. This competition, held each Thanksgiving week, is open to high school seniors and awards prizes for 1st, 2nd, 3rd, and 4th places. This scholarship has been around for 38 years and has awarded more than $60,000 to students in that time. Better get practicing!

The Miss America Organization

Pageants may have lost popularity in recent years, but the Miss America Organization remains the leading provider of scholarship monies for young women, awarding millions of dollars each year to competitors on the national, state, and local levels. Competitions take place in each state and are open to young women ages 17-24. Participants are judged in several categories, with the greatest weight given to the Interview and Talent portions. If you have a love of performing, your dancing, singing, violin playing, and more could earn you big bucks for your education.

Stuck at Prom Scholarship Contest

Do you have an interest in fashion? Or do you simply fancy yourself creative with duct tape? The Duck Tape Stuck at Prom Scholarship Contest runs in 2015 from March 15th until June 1st, and offers two $10,000 scholarships to a high school couple who attends prom wearing inventive outfits made entirely of duct tape. This highly unusual scholarship offers major money, and also donates $5,000 to the winners’ high school. Check out the website to view last year’s winners and get some inspiration for your own incredible entries.

These are only a few of the incredible unique scholarship options out there. For more options, check out 45 of the Weirdest College Scholarships. With a little searching, you may find the perfect contest for you, and win yourself some much needed funds for your higher education. 

 

Tags: scholarships, strategies for college, financial aid award, college planning abc, college consulting, college planning, college applications, College Planning News, money for college, Manuel Fabriquer, College Admissions, attending college, college scholarships

How to Make Sense of College and Financial Aid Award Letters

Posted by Manuel Fabriquer on Tue, May 28, 2013 @ 6:00 AM

 

 

describe the imageSo, now your student has written and submitted their essays, taken the SAT’s, and sent in their applications.  In comes the acceptance letters and financial aid offers.  As is often the case, several of these letters will describe various aid packages that available- each being unique.  The big question is how to determine which college will provide your student with the biggest return on their investment?

The problem lies in being able to decipher what is actually being presented.  Unfortunately, colleges and universities are not required to utilize a standard format when describing their financial aid packages.  This occurs despite the availability of using the U.S. Department of Education’s financial aid shopping sheet.  Currently, there are approximately 6000 colleges in the U.S., but only 700 are utilizing this format.  You can find a copy of this template by going to:  http://collegecost.ed.gov/shopping_sheet.pdf

Where the Pitfalls Exist

When reviewing the various financial aid award letters, it is important that you take into account all the costs associated with attending that particular school.  This will help you compare accurately between each school.  A common pitfall occurs when only tuition and fees are mentioned while other expenses such as transportation, books, and living expenses are omitted.

Another area to be careful of is the practice of colleges noting loans as “financial aid”, and even including the amount of loans that parents will need to take out in that aid.

A third important aspect to consider is how long the grants and scholarships will last.  It is not uncommon for grants and scholarships to be offered only during the freshman year, leaving the remaining years wide open.

It is equally important to consider that the average college has increased tuition and fees at private, nonprofit colleges by 13% since the 2007-2008 academic year.  At public four-year schools, the increase has been 27% for the same period.  Therefore, costs for these schools should be calculated over four and five years as many students are now taking more than four years to graduate. 

The Value of College Planning and Counseling

College planning is a lot more than just getting a student into the best college.  College planning must involve a series of other variables including:  graduation rates, job placement, net price after aid, and other costs that will ensure a good return on your investment.

As a college planner, I make sure to remove the emotional factors and completely analyze the facts that really matter.  This helps my clients' find the best fit, avoid costly mistakes, and maximize their return on investment. 

Get more information about current trends and strategies at my next Free College Planning Workshop.  Register today!

Tags: college consulting, college planning, College Planning News, cost of attending college, Manuel Fabriquer, cost of college

Just Getting Any College Degree Can Be a Huge Mistake

Posted by Manuel Fabriquer on Fri, Jan 27, 2012 @ 5:00 AM

In my last post,” Is a college education still worth the price?” I talked about some of the college majors that do not have a very good employment outlook.  In this article I will discuss why many colleges and universities offer these majors knowing there is little demand in the workplace for these majors.

Traditionally the purpose of a higher education was to develop the scholarly skills of the student.  For these scholars the university was a place of refuge from the world wherein to explore and develop their intellectual pursuits. 

Those days have long passed and what students and their parents are looking for is for the degree earned to be more than just a scholarly pursuit.  The degree needs to provide job opportunities.

Sadly, many universities are missing the mark and instead placing their emphasis on facilities and amenities rather than on the economic utility of the degrees they confer.

There are many campuses that are filled with cutting edge facilities that are only slightly related to learning.  I am talking about, first class health and workout facilities, luxurious dinning commons, and top of the line sports facilities.  Of course, there is nothing wrong with these amenities as long as the basic learning is not sacrificed.

Why is this happening

First, students are having a hard time completing any type of degree and universities do not want to lose the dollars those students bring.

For example, in a recent study entitled, “Academically Adrift” reported on a large sample of students attending 29 American four year colleges.  The results showed that 36% of the students had no gains in learning in their four years.   

This is alarming especially when we consider that 40% of those who begin a four-year program do not graduate.  By the way, this statistic doubles when we look at those attending a junior college.

Secondly, a report in The Economist showed U.S. government statistics revealing that U.S. High school seniors’ proficiency scores for science, math, reading, and writing all declined between 1992 and 2005.

What this all means is that many universities are “dumbing down” their curricula in order to maintain their enrollment levels.   Students are also choosing the easiest classes available in a path toward a degree.  Many students simply think that a “degree is a degree” and some employer will offer them a job simply because they have a degree.

However, as the news reports show, there are many high-skilled jobs that go unfilled because there are no qualified applicants.  In other words, today having a college degree does not mean anything unless that person has the skills and abilities employers are looking for.  No longer do employers place any value on a person just having a degree.  They must have the necessary skills to do the job or they are no better off than someone who never attended college.

Today, more than ever planning for college is critical and involves a lot more than just picking a name brand university.  Not all universities are good at everything and not all universities are a good fit for your student. 

When I meet with a parent and their student we choose the best fit and best program based on what is unique to the student.  I bring the most comprehensive and current information about each campus and what it “really” has to offer.  At times, some of the so called, “best colleges” may actually be the worst choice for your student. 

Armed with this information parents and students are able to make the best choice that will provide them with best economic utility for their efforts and money.  You are invited to come to my next workshop where I reveal some of the latest information.  You can find more information on these college workshops by clicking here.

In the next post we will continue to explore the future trends of higher education. 

Tags: college consulting, College Planning News, getting a college degree

Is A College Education Still Worth The Price?

Posted by Manuel Fabriquer on Sat, Jan 21, 2012 @ 5:00 AM

It goes without saying that the last unemployment numbers are anything but encouraging. Despite slight improvements they are at historically high levels. 

Recently, there have been reports coming out demonstrating how recent graduates are not able to get jobs and only have large debts looming over their heads.  The lack of a job is a major problem especially when student loan payments begin nine months after graduating.

All majors are not the same

A new study done by Georgetown University was able to show that the choice of a college major plays a key role whether you will find a job after graduation

So what was the worst major according to the report?

It appears that architecture with 13.9% unemployment takes the top spot.  This makes sense as the construction and real estate are in an all-time slump.  The study also highlighted the following majors as the riskiest for those entering the current job market. 

  • Fine Arts
  • Fashion Design
  • Anthropology
  • History
  • Graphic Arts and Design
  • Agriculture

 These latest numbers do not take away from the academic value of these majors.  There is no doubt that a degree in architecture is challenging and requires a lot of effort from the student.  However, currently the market place is not rewarding them for their efforts.   

What this and other studies are showing us is there are a lot of traditional college majors that may not have a direct employment possibility due to current market trends.   This can be especially disconcerting when a student leaves with over six figure debt that needs to be paid back shortly.

The Take Away

Here are two points that this and other studies share in common:

Today, more than ever it is important for prospective college students and their parents to have the real world facts about attending college. This means not only finding the right college for your student, but also the best major.

Secondly, it is critical that parents use all the tools at their disposal to substantially lower the cost of college.  The good news is there are a lot of tools readily available for parents and students to utilize that will lower the cost of attending college. 

When you work with College Planning ABC, we make sure that parents and students have the most current and up to date information about the major, school, and costs associated with attending college.  

In this way parents and their children are able to get the very best deal for their efforts.  Our parents and students have a well-defined plan of action that increases the success of getting into the best colleges in the nation while decreasing the typical costly tuition.

In the next posting we will continue to look at some of the trends in education that will impact the value of a college education and what you can do to avoid the pitfalls.  In the meantime, you can read the Georgetown University study by clicking here.

Tags: college consulting, College Planning News, cost of attending college

Updates on College Costs

Posted by Manuel Fabriquer on Tue, Nov 1, 2011 @ 7:24 PM

There is now a federal law that will increase the chance of getting college financial aid for families who will qualify upon application. This law will also help in offering grants to students who have plans of taking education as a course at the same time helping graduates to repay their student loans.

For Need-based Aid category also known as Pell grants, the news is that it will move up to a maximum of $ 5,400 annually for the next five years from its current maximum of $ 4,310. On the other hand, Stafford loans interest rates will drop by 3.4 % for the next for 4 years, which is half of the current rate.

For Loan Repayment category-

President Obama announced on Oct. 18 at the University of Colorado in Denver that college graduates would have an easier way to pay off student loans through the new “Pay as You Earn” plan.

The Pay as You Earn Plan, which was supposed to go into effect in 2014, will now go into effect in 2012 due to congress’s push by Obama. The plan will allow college graduates’ loans to not exceed 10 percent of the graduate’s discretionary income. After 20 years, any remaining debt will be forgiven, said Georgia Southern University’s Director of Financial Aid Division of Student Affairs- Connie Murphey

“Last year graduates (that) took out loans left college owing an average of $24,000. Student loan debt has now surpassed credit card dept. for the first time ever” said Obama in his speech addressing college students in Denver.

The old policy was that graduates had up to 10 years after they graduate, or leave school, to repay their student loans. College graduates also had to make payments of 15 percent, said Murphey.

The smaller payments will mean the payment time lasts longer, said GSU economics professor Anthony Barilla, Ph.D in economics.

“To the actual college graduate, if you kept their payments at 10 percent, that means they get to make smaller payments of their student loans and that also goes on for a longer duration, so there’s a plus and a minus to it,” said Barilla. “To the college graduate itself, it’s a longer duration of having to pay that loan.”

The college graduates that will not be affected are the students who received loans through private lenders such as banks and individuals, said Murphey.

“The ones that will not be affected is if students have a private loan through a lender, and a lot of students do. They go directly to a lender, they borrow money, it never comes through the school, it’s called a private loan,” said Murphey.

Moving on, the Public Service incentives category will help students in teacher-prep programs who are also committed to educate for four years after they graduate in the application for annual grants of $4,000 to cover the costs of going to college. Grants must be repaid in case they have decided to not pursue teaching.

Student borrowers can also have an incentive to go into a public position. This means that if they decide to work for a decade as a qualifying civil servant, the government shall then waive the loan balance of students to whose loan was provided directly by the government.

For more information on how your student can get money for college despite your income level, call me, Manuel Fabriquer, at (408) 918-3068.  College Planning Abc, is dedicated to helping students find and get into the best colleges in the nation while saving you the most amount of money.  Call today!

 

Tags: scholarships, college consulting, Blog, College Funding, College Planning News, money for college, college scholarships