July 01, 2008

Community college students finding fewer loan possibilities

04:43 PM PDT on Sunday, June 29, 2008

By ELAINE REGUS
The Press-Enterprise

Community college students are bearing the brunt of ongoing uncertainty in the student loan market.

Some of the nation's leading lenders, including Citibank and Wells Fargo, have stopped giving new loans to students at two-year colleges and smaller private universities where loan amounts tend to be smaller and unprofitable.

Nationwide, more than 100 lenders have dropped out of all or part of the federally guaranteed student loan program and 27 have stopped issuing private student loans, according to FinAid, a comprehensive online site for student financial aid information.

READ THE REST OF THE STORY

http://www.pe.com/localnews/inland/stories/PE_News_Local_S_loans30.3078b35.html?npc

June 26, 2008

SAT & Collegeboard change scoring parameters for the better

Good news for everyone (except current High School Seniors) The College Board announced yesterday that starting in March 2009, SCORE choice will be back! This means that from that point on, anyone who is NOT a senior will be able to pick and choose exactly which SAT I and II tests (subject tests) to send to colleges-- this is incredible for our purpose as there will not be a penalty to take a test for "practice" as no one will see it!

The new score reporting policy will launch in early February 2009. Any student who registers for the SAT after this time will be able to take advantage of this new policy. The new policy allows students to choose which SAT scores are included on score reports. This choice can be applied to tests taken prior to the launch of this new policy.

Special Note for Students who completed a test prior to the launch of this new feature; these students will be able to choose SAT scores from past tests for future score reports once the feature is launched.

June 25, 2008

PITFALLS OF THE ADMISSIONS AND FINANCIAL PLANNING

There are not too many more important things a parent can do for their children then to send them to college. This however creates a balancing act between the children’s happiness and their pocket book.

We offer families an unbiased, professional approach to their planning process that has proven results.

Lack of Perspective: 

  • Many parents make decisions on where their child will go to college based on emotion, either love or guilt, not their head.
  • Parents own educational background, family expectation, and peer or societal pressures can effect decision
  • Many parents have hope of their child getting some form of scholarship money. According to the Wall Street Journal 87% of parents over estimate the scholarship their children will receive.

Lack of Knowledge: 

  • Most parents don’t know all the right questions to ask
  • The lack of uniformity from one college to another can be confusing & frustrating
  • Many parents put too much credence in the advice of friends and acquaintances

Lack of Time: 

  • There is never enough of it!
  • Planning for college should not be fast, furious, or improvising
  • Leaving planning to the last minute limits options

Lack of Expertise: 

  • Unfamiliar terms, complicated and confusing forms can leave parents overwhelmed
  • Many parents inform themselves into procrastination
  • For many parents this is the first adult decision they will make with their child, and this may be unfamiliar territory for some.

June 16, 2008

Young Women in Public Affairs Award

Congratulations to College Planning Consultant Student Hallory S. on her Award and scholarship! 

Halloryaward 

The ZONTA club of Phoenix awards our very own Hallory S. with the "Young Woman in Public Affairs Award" and $500 scholarship award check!

June 13, 2008

SAT & ACT 2008-2009 Schedules, Tips and Tricks

Good Afternoon!

Ok, here are the updated SAT and ACT test dates for the upcoming 2008-2009 school year. 

08-09 ACT Test Dates and Test Information

08-09 Test Dates and General SAT Information

Remember for all you incoming Seniors the CLOCK IS TICKING! 

Just to remind you; you have less than 120 days until your college applications should be in! (If you're reading this and don't know why, you MUST get to one of my free community workshops right away)

**FOR ALL MY STUDENTS**

If you have any questions about your personal action plan and/or timelines; schools, testing, dates or your college resume get ahold of Angela ASAP and schedule some time to see me! 

REMEMBER!!  Deadlines begin THIS OCTOBER!! 

SAT'S/ACT'S Done by DECEMBER!

Need us? We're here for you! 

June 12, 2008

COMMONLY EXPRESSED MISCONCEPTIONS

Misconceptions are common when sending a child to college, most anyone who has sent a child to college is willing to offer an antidotal or an opinion based on their personal perspective which may be quite different then your own. By using our years of experience we clarify these misunderstandings as we help you design a customized plan for your family.

SOME MISCONCEPTIONS:

  1. “My child will get some type of scholarship”

    Reality: According to a survey by The Wall Street Journal, 92% of Financial Aid Counselors say that parents over estimate how much scholarship money their child will receive. According to the College Board only 1% of college students receive merit scholarship money based on their SAT and transcripts; 995 comes from completing the financial aid forms.

  1. “My child will borrow the amount needed through low interest government loan

    Reality: The Federal Government caps an undergraduate borrower at $22,000 over four years. The current interest rate for school year 2007-2008 is 6.75% for the Stafford Loan.

  1. My home equity is not an asset for financial aid eligibility.

    Reality: Yes and no, publicly funded universities using the FAFSA financial aid form do not include home equity in determining financial aid eligibility. Private Colleges using the CSS profile financial aid form or their own financial aid form does include home equity as an asset. Some schools cap the value based on income.

  1. “We will get no Financial Aid!”

    Reality: 65% of parents incorrectly assume they will not receive financial aid, thus compromising the financial aid application.

  1. “We will first exhaust our savings to pay for our children’s college!”

    Reality: You can borrow for college but not retirement.

  1. “We will pay the tuition bill one year at a time!”

    Reality: For tuition bills in excess of $20,000 per year, and with multiple children to educate, this plan may put some parents on an “unplanned bankruptcy path”.

  1. “If we send our children to an out of state public college we will have him or her become a resident of that state to qualify for in state tuition.

    Reality: Each state has the individual requirement; some such as NH restricts any change of residence by an undergraduate. Florida on the other hand will allow it after one year if the student meets their 11 point qualifying standard.

  1. “We will have our children apply for financial aid as an independent student.

    Reality: The Federal Government regulations state undergraduate needs to be 24 years old to file as an independent student.

June 02, 2008

18 Questions to Ask Your Counselor

Your counselor is one of your best resources as you plan for college. She or he has information about admission tests, college preparation, and your education and career options. Here are some basic questions to help get your conversation started:

1.               What are the required and recommended courses -- for graduation and for college prep?

2.               How should I plan my schedule so I'll complete them?

3.               Which elective courses do you recommend?

4.               Which AP® courses are available?

5.               When is the PSAT/NMSQT® going to be given here?

6.               Is this school a testing center for the SAT®, or will I need to go      somewhere nearby?

7.               Do you have any after-school or evening sessions available for college planning, or the SAT?

8.               Do you have college handbooks or other guides that I can browse or borrow? Do you have a copy of the free Taking the SAT booklet, which has a practice test in it?

9.               What activities can I do at home and over the summer to get ready for college?

10.           What kinds of grades do different colleges require?

11.           Are there any college fairs at this school, or nearby?

12.           Where do other kids from this school attend college?

13.           What are the requirements or standards for the honor society?

14.           Can you put me in touch with recent grads that are going to the colleges on my wish list?

15.           Do you have any information to help me start exploring my interests and related careers?

16.           If my colleges need a recommendation from you, how can I help you know me better, so it can be more personal?

17.           Can I see my transcript as it stands now, to see if everything is as I think it should be?

18.           How does our school compare to others, in terms of test scores and reputation?

Reality Check

Your guidance counselor may be the most wonderful and accessible person on the planet, or she or he may be juggling a thousand students and barely know your name. So remember that the person who has the biggest stake in your academics is you. It's up to you to stay on top of opportunities and deadlines, to take control of your future.

May 28, 2008

Congratulations to all our Horizon H.S Graduates!!!

Jordan Weltman

College Planning Consultants Student & Student Body President of Horizon High School addresses the Class of '08

Great Speech Jordan! We are all very, very proud of you!

Enjoy your summer off and then onto “the next step!”

Ryan & Your College Planning Family

May 23, 2008

How To Plan For College

How To Plan For College

‘So……..what are you going to do for college?’

If you’re a high school student, how many times have your friends and family asked you that question? Or, it’s counter-part, ‘what do you want to do when you grow up?’ It may get annoying to you, but really, all they want to know is what your interests are, what you are thinking about studying, and if you know what type of work you might like to do in the future.

As early as your freshman year in high school, there are several things that you should consider to help you get pointed in the right direction. Here are a handful of them:

College Prep Curriculum

Your high school guidance counselor can recommend courses that provide a good preparation for college. They may not know everything related to every career or even what the financial aid options are that you have, but they can help here. Each college specifies how many English, math, social studies, foreign language, and science classes applicants should take to qualify for entrance, but there are similarities among colleges. So, make sure you are taking the right courses and enough of them.

Advanced Placement Courses and Exams (AP)

AP classes give you a chance to complete college work while still in high school and are offered in many subjects. They enable you to study an area in greater depth and challenge yourself to do college-level work. They can be rewarding because you gain new skills and study habits. If you pass the AP exam at the end of term, you can receive college credit. If you do well, your chance of getting into the college of your choice improves because you have demonstrated that you can succeed in college-level courses. The AP courses you complete in high school can often be skipped in college, saving you time and your parents money. Just be careful not to overload yourself with too many of these….we don’t want to see your grades suffer!

College Visits

As early as your freshman year, but definitely by your junior year at the latest, plan to visit several colleges you think you might like to attend. If you’re unsure about where you want to go, then pick a range of schools that are close by. Be sure to visit some state schools, as well as some private schools as well. And always be sure to go while school is in session. That part is critical, so you can see what the students look like, not just the buildings. This will also allow you to see if the students look like the kind of people you want to be hanging around with for four years of your life. And, when it comes time to apply, I’ve found that you are best suited if you apply to 8 universities, give or take a couple.

The transition from high school to college is one of the defining moments in your life, and you want to have the best shot of success possible. So, be sure to use your time and energy in high school wisely by getting good grades, challenging yourself, and using the time to explore your interests.

May 22, 2008

Congratulations!!! University of Arizona College of Medicine Class of 2008

And a special congrats to our very own Vanessa K.!!!  I am so proud to be a part of your success!!

Vanessa_1Vanessa_2

May 21, 2008

Playing the College Admissions Game to Win; 10 Tips for College-Bound Students

Fact number one is that the student who gets admitted to the greatest number of colleges is not necessarily the winner of this "game". Fact number two is that neither is the student who is admitted to the most prestigious college or the student offered the greatest number of scholarships. Fact number three is that everyone can win this game. Everyone.

That's because winning means winding up at a college or university in which you'll be both happy and successful. And, it's not that hard. Below are ten tips to help. If you follow them all (especially #8 and # 10), you can be free of the anxiety so many students experience in the college selection process. In fact, you may find the college search process interesting and even a bit of fun.

  1. Be sure to take the most challenging high school courses you can handle. Don’t take the easy way out (as many students do, especially in their senior year). Strong academic preparation makes you a better candidate for admission and greatly improves your chances for success in college.
     
  2. Take either the ACT or SAT as a high school sophomore, if possible, if only to practice, get on some college mailing lists, and determine your relative strengths and weaknesses as compared with students throughout the country, students against whom you may be competing for college admission. Take both the ACT and SAT, after preparing diligently for them, in your junior and senior years.
     
  3. Before making a list of colleges to consider, spend some time putting together a list of the criteria most important to you (location, size, academic programs, campus environment, co-curricular activities, etc.). If you are thoughtful and thorough in this phase of the process, it will be much easier for you to create your “colleges to explore” list, the next step in your college.
     
  4. When you begin putting together your “colleges to explore” list, consider both your college choice criteria and the academic profiles of students most likely to be admitted to each. Keep in mind that you do not have to be at the top of all the listed ranges in the admitted student profiles…that’s the good news. The bad news is that even being at the top of every range is no guarantee of admission, particularly at the very most selective institutions. Hey, who said this would be easy?

    On the other hand, don’t panic. Most colleges (80% +) admit more students than they deny, and there really is a college or university for (almost) everybody.
     
  5. Do not eliminate colleges from your “colleges to explore” list because of their “sticker price”, as financial aid (available in many forms) may greatly reduce your actual cost of attendance. More on this later.
     
  6. Do not count on activities to get you into college. They may be a “tip” factor in your favor, but unless you have exceptional talent in athletics, music, etc., they will not “save the day” for you. Strength of preparation (coursework), grades, and standardized (ACT or SAT) scores carry far more weight. And, understand that colleges are generally more impressed by real commitment to a few co-curricular activities than limited participation in many.
     
  7. Do not rule out colleges whose names you do not recognize. Attend college fairs, meet with college representatives visiting your school, read the literature you receive in the mail, talk to your counselor, and use the many great resources available online. Explore lots of options and seek information aggressively. If you snooze, you lose.
     
  8. When you make your “colleges to apply to” list, don’t be afraid to include a few “reach” schools, but be realistic about your chances. And, include at least two very carefully chosen “safety” schools. “Safety” or “fall back” schools are colleges you are confident will admit you, institutions you will be able to afford without hardship, and (most of all) colleges you would be happy to attend. Take great care to choose your safety schools well, because if you do you’ll be you'll be “bulletproof”.
     
  9. Visit as many colleges as possible, ask lots of questions, spend as much time as possible at each institution, and, if possible, have your family accompany you. Your family knows you better than anyone else, thus their observations and opinions may prove very helpful to you (even if you agree on nothing else)
     
  10. Never attend a college or university you have not visited. In fact, experienced educators often say this is rule #1. Rule #2, by the way, is that there are no exceptions to rule #1. There are countless stories about students whose visits saved them from bad decisions. Conversely, there are just as many stories about folks who made bad decisions after choosing to attend colleges and universities they failed to visit.

May 15, 2008

Our office will be closed Friday May 16th for U of A Graduation

Just a quick reminder, the office will be closed tomorrow.  We're taking a day off to enjoy some time in Tucson

Congratulations to all our graduating students and their families!  See your tomorrow!!!!

Have a great weekend!  Talk to you next week!

May 14, 2008

7 Ways to Spot a Scholarship Scam

As the cost of college tuition continues to increase, so has the demand for scholarship money. Now scam artists are preying on college students, and their parents, with phony scholarship offers that promise money, but only deliver debt.

Last year students lost more than $100 million to scholarship scams. The Federal Trade Commission and the Department of Education have teamed up to fight this growing type of fraud. In 2003, the FTC received 670 complaints of scholarship fraud. In 2004, that number shot up to 4,486.

Ryan Blomster of College Planning Consultants of Arizona offers tips to viewers on how to avoid getting becoming the victim of a scholarship scam.

Here are seven ways to protect yourself:

1. Beware of identity theft. Scammers will attempt to confirm your identity by trying to get your social security number, credit card number, or bank account information, and then, of course, charge like crazy or clean out your bank account.

2. Don't be fooled by fees. A legitimate scholarship agency will not charge a processing fee. Many scammers charge from $10 to $249. Some are just lotteries. They get thousands of parents to each send in, say, $100, and then they award one token scholarship, and pocket the rest.

3. High Pressure. Be very careful about high pressure situations, since most scholarships are very competitive, a legitimate agency doesn't have to pressure anybody. It's more common for scholarship agencies to fight students off.

4. Beware of "winning" a scholarship that you didn't apply for. Or being a finalist in a contest that you didn't enter. It's almost always a scam.

5. Beware of any company that 'guarantees' you to win a scholarship. Many will just take the money and run. No one can guarantee the scholarship except the organization that is giving it out.

6. Watch out for them telling you "We'll do all the work for you." Getting scholarships is a ton of work, and though a good service can weed out what not to waste time with, the student still has to do the work.

7. Many scammers will go out of their way to use official sounding names, like: "federal," "national," "education," or "foundation" to fool parents.

If you think you're the victim of a scholarship scam you should contact the following agencies:

1. Federal Trade Commission. They have a special scholarship scam section and will respond quickly.

2. National Fraud Information Center. They will also follow up with the FTC and the State's attorney's office.

3. The State's attorney's office.

4. The Better Business Bureau.

For more information, contact College Planning Consultants at 480-588-1966 or
Maria@EmailCPC.com

May 13, 2008

STUDENT’S MAY DISCOVER TIP:

The DISCOVER program can assist you in ensuring that your choice of a major is a good fit for you.  When looking up majors, click on “Courses” and it will provide you with a list of course studies that you will have to study while in college in order to obtain a degree in that particular major.  It will also tell you what courses you should be taking while in high school as preparation.

The other important step/feature that it offers is a list of related occupations that you would be qualified for, based on the major that you have pulled up (i.e. what can I do as an occupation with a degree in business management?) with one click of a button, it will come out with an actual list of which occupations meet the qualifications. If you conduct a school search by characteristics and include all particulars, it will comprise a list of schools for you.

Remember, a computer program is NOT going to part the clouds for you and shine rays of sunshine upon you with all of the answers, it WILL however, assist you with putting the initial steps of needed research in regards to majors, colleges, and occupations.

http:www.act.org/discover/login

May 09, 2008

Send your kid to college, save their life!

Or prolong it, at least. Believe it or not, a recent survey showed that Americans with a college education can expect to live 7 years longer than those who only finish high school. Of course, the study was done by Harvard University, so there may be some bias there. On the other hand, Harvard doesn’t exactly hurt for people wanting to go there, so who knows?

Anyway, the life expectancy for those with a higher education is 82 years old, versus 75 years old for those with 12 or fewer years of schooling. The researchers said that a major cause of disparity is tobacco use (which is funny, ‘cause I always thought those crazy college kids would smoke anything. Just kidding, moms and dads!) Less-educated Americans are far more likely to smoke, so they’re more likely to die from related diseases like lung cancer and emphysema, the study showed.

If you’re sending your student to college anyway (or if you’ve now decided to do it so they won’t smoke), be sure to check out my workshop on ‘How to pay for college without going broke.’

May 06, 2008

Success Story Of The Month

For the first time since they were married Rob and Christine felt that they were finally on the way to financial security. Rob had worked construction jobs for years. Two years ago he got his plumbers license, and had been doing that on the side. His reputation steadily grew. It really was starting to pay off  to the point that Rob was able to stop working construction, and make a go of it on his own as a plumber.

Christine had started out as a high school teacher when they were first married twenty years ago. In between taking time off to have their two daughters, she studied for her Master’s degree. Her career dream was to be a high school counselor.

It seemed that no matter how hard they worked, they could never get ahead. First, it was coming up with the down payment on their first home and trying to make a dent in Christine’s student loans.

Then the girls, Stephanie and Kerry, came along within a year of each other. The couple were faced with all the expense’s that go along with raising kids. This was complicated by the fact that their daughter Kerry suffered from severe asthma. Many times they had to rush her to the emergency room for treatment. Although their health insurance was good, they still had a big deductible to meet, and Kerry’s medication costs were astronomical.

When Christine’s grandmother, Lill (who lived with Christine’s mother Betty) passed away, Christine and Rob were floored to find out that they had inherited enough money from her to pay off Christine’s college loan’s.   

Now, after struggling for so many years, they were finally in the black, and were able to plan a future that included paying for their daughter’s college expense’s…and planning a comfortable retirement.

Rob and Christine called and set up an appointment with us. We really got a kick out of them on the phone because they were so relieved and excited to finally be in the position to build a healthy nest egg, and watch it grow.

When Rob and Christine showed up for their appointment, we wondered what happened to the happy, bubbly people we spoke to on the phone. They both looked like they didn’t have a thing to look forward to in life. Rob was the first to speak.

“We didn’t want to cancel  our appointment at the last minute, so we figured we’d come anyway.” “We got some really bad news yesterday and we don’t think we’ll be able to set up a plan like we spoke about on the phone with you.”

Christine’s eyes filled with tears. Rob held her hand and continued on.

“We just found out that Christine’s mother has Alzheimer’s disease. There is no way of knowing how fast it will progress, but we’re her only family.” “At some point will have to take her in, or pay for her care in a nursing home.”

We offered our sympathies to Rob and Christine, but quickly pointed out that we handled long-term care issues as well as our other financial planning services. Even though the physical prognosis was not good for Christine’s mom, it didn’t mean that they had to abandon their plans.

You should of seen the look on their faces. Christine spoke for the first time. “You mean there is still some hope for us?” she sighed in relief. We explained to her, that first we would have to gather everyone’s information, theirs, as well as her mom’s, and then see what could be done for them. They came in a week later and we went over their documents to see what they had and why they had it.

Here’s what Christine and Rob had:

· $24,000 in Christine’s 403b at work that was invested in a bond fund.

· $28,000 in a regular IRA for Rob.

· $75,000 equity in their home (adjusted for the lower value of their home) with 15 years left on a 30 year mortgage with a fixed rate of 7%

· $6,000 in credit card debt

· A whole life policy on Rob that they had taken out when they were married. It had a cash value of $15,000.

We also looked at Betty’s financial picture. Luckily, she already had assigned Christine power of attorney in her regular will, and in a living will. Her other assets were:

· Her home was paid off, and valued at $150,000 even in today’s lousy market

· A  paid up whole life policy with a  benefit of $30,000

· $35,000 in CD’s

· $76,000 in long since matured savings bonds

We set up another appointment and then went to work. Our plan showed them how to reposition their assets, refinance their home, get rid of their high priced, low yielding life insurance with much more coverage with much lower costs, sell Betty’s house and use the proceeds to set up an income fund, and coordinate all of Betty’s issues with an experienced estate planning attorney.

It was a pretty complicated case because Betty had an official diagnosis of her progressive dementia, and because she had assets that needed to be put to best use.

(As a side note, if the family had done some serious financial planning BEFORE Betty was diagnosed, we could have done some really great things to protect her assets, as well as relieve Rob and Christine of much of the burden they will now have to deal with. PLANNING AHEAD IS MUCH BETTER THAN REGROUPING AFTER SOMETHING’S HAPPENED!)

It’s going to be tight, but with the improved financial situation developed with our help with their planning, they should be OK. We’ll be monitoring the plan at least twice a year, and staying on top of it in light of the ever changing economy and Betty’s health.

While we wish they had come in long before Betty got sick, we’re glad that we can help them make the best out of the tough situation. As they say, better late than never!

While your situation might not be the same as Rob and Christine’s, you shouldn't take that to mean your planning needs aren't just as critical! PLANNING BEFORE TAKING ACTIONS IS THE MOST FUNDAMENTAL, AND IMPORTANT ELEMENT OF FINANCIAL SUCCESS!! So make sure you take heed, and call us BEFORE making any moves! We're here to help you plan, and make sure you have the best shot at financial security!

May Client Newsletter

The May issue of our Client Newsletter is ready for download, enjoy!

Download may_2008_client_newsletter.pdf

April 30, 2008

Parent Liability: Will You Have To Pay For Your Child's Mistakes?

If your child injures someone or damages property, will you have to pay the bills? Will the court order it to be debited out of your checking or savings account?

                 Or maybe it will happen as it did in the case of a boy who thought he was an artist and spray painted the sides of office buildings. His parents were ordered by the court to work with him to repaint the walls. And they had to buy the paint. 

                 Parental liability laws have been passed in 29 states and the District of Columbia. In California, parents can be fined or jailed for allowing children to participate in gangs. Wisconsin requires parents to pay child support when their under-age kids have babies. In Florida, parents can serve jail time if their child hurts another with a gun. More states are expected to pass such laws. And, even if they don’t pass specific laws, many courts attach liability to parents for their kid’s mistakes or crimes.

Parental liability laws have been passed to reduce juvenile crime and to compensate victims. Take steps to keep your family out of trouble.

* Let kids know that if they harm a person or his property, not only will their allowance cease, but you might have to pay a lot of money to the people they hurt. The American Bar Association's public education division has age-appropriate material about how laws work. Visit abanet.org/publicized.

* Take your kids to visit the court so they can see what happens to young adults guilty of injury, property damage, or drunk driving.

* Supervise. Courts are stern with parents for not knowing what their son or daughter is doing. In Arkansas, Kentucky, and Ohio, parents of chronic school skippers can be fined or jailed.

What to do if it happens: If it's very serious, call a lawyer. If not, try to negotiate with the injured party. If the injury or damage was accidental, it could be covered by homeowner's insurance.

What to Do if You're Waitlisted or Rejected

Well, this time of year is always an emotional rollercoaster for me.

On the one hand, for the majority of the families I work with, everything goes according to plan...they get in where they're supposed to, they get the aid they're supposed to, and everything is great.

But, I also spend a LOT of time dealing with the handful of families where things do NOT go like they're supposed to...whether they don't get the right amount of financial aid, or they get waitlisted or rejected altogether. In fact, often the phone calls come back to back in rapid succession, so by the end of the day, I'm completely exhausted emotionally.

So, today, let's talk about what to do if you're rejected or deferred (waitlisted).

First off, if you're rejected, for the most part, that's going to be a tough one to overcome. But it's not totally impossible. For instance, just today, we had a student who was flat out rejected from her first choice get admitted. I'll talk about exactly how to do it in a second. However, the important thing to understand is that she had been rejected from a small, private school that SHOULD have accepted her in the first place.

If she had been rejected from UCLA, which had over 55,000 applications this year for 3,900 freshman slots, we would have told her not to bother.

Waitlisted is a little easier. For some schools, it's just that….a waiting list until they figure out their 'yield', which is a fancy word for 'how many students are actually coming here in the fall and will we have any room left over'. For other schools, they don't really mean it, but it sounds politer than a 'no'.

So, here's what to do if you're rejected or waitlisted from your top school.

First, figure out which school you're most interested in of the schools that HAVE accepted you, so we have a plan B. You might even send in a housing deposit if it's close to the May 1st deadline, but figure out what you're going to do if this doesn't work first.

A word from me: if this doesn't work, let me tell you what I've learned over the years of doing this. You are much better off accepting an offer at your second choice, working your tail off, and transferring in a couple of years than you are attempting to take a year off, even if you do something really cool...like live in Europe or work on a cruise ship. That will not help your chances of getting in the next fall, so you'll be back at square one. So, if you really want to go to college, go to college. On the other hand, since I tend to contradict myself even in my own thinking, I'll have a great article for you in a few days about some students who have very successfully taken a year off, and been much better for it.

Anyway, let's get down to the business of getting you in to your top choice:

Next, you need to make a list of all your accomplishments that have happened since you originally turned in your application to them. What awards have you won? What killer grades have you gotten? What community service projects have you been involved in? What internship have you set up for the summer?

In other words, why should they pick you versus all the other talented students that are applying there? This is NOT the time to be shy! You need to be polite, but frankly, it's your job to convince them that they should want you. And remember, be as specific as you can….don't tell them you've improved your grades…tell them exactly how much you've improved them and exactly what you've been up to since you applied.

After that, make a list of all the reasons why you want to attend there. And use the same formula: be as specific as possible about why they are your number one choice. For instance, I just helped a client with a letter like this, and we referenced the fact that an alumnus of theirs had just won his fourth academy award and that, given the chance, we would make them as proud of us (well, the student) as they were of him. It showed we were paying attention.

So, to recap so far, what we've basically created is a letter that addresses two subjects: why you are perfect for them, and why they are perfect for you.

Now, once you've made an interesting and specific letter that is persuasive about why they should pick you, we've got to look up who to address it to. It should be addressed to the Dean of Admissions BY NAME. Meaning, don't put 'Dean of Admissions'. That's as bad as putting 'To Whom It May Concern'. Go to the trouble of looking up his or her NAME, so it's addressed to Dr. Jane Doe, Dean of Admissions.

Then, be sure to CC anybody at the college who had helped you or would be interested in seeing you get in the school, like a coach, admissions representative, music teacher, friend of the family that works there, or anybody else you can think of.

OK, are you ready for the best suggestion of all? I swear to you, nobody else knows this.

Send the package via Fed-Ex.

Yep. Not Priority Mail, DHL, UPS or anything else. Fed-Ex ONLY.

Here's why: the first battle is getting this all seen by somebody, so we've got to make sure that it gets to the right people. And NOTHING does that better than a Fed-Ex package. Don't ask me why, and NO, I don't own stock in them. But, you can write the best letter ever, but if nobody sees it, it won't do you a damn darn bit of good.

Fed-Ex ONLY.

Last point: I often get asked whether you should include a picture of yourself or not. I feel that you should. Here's why: it personalizes the package. You don't have to have model looks, either. It just helps them to identify with who you are. And, if you're going to include a photo, make it of you with your family, your dog, or doing something interesting. Do NOT make it of you with your boyfriend/girlfriend or wearing a sweatshirt from their college. It just doesn't help your case.

OK, one more point before I sign off: don't worry if the letter is not perfect. You're taking a step that most people won't, so you've already set yourself apart. Like John Francis Tighe said 'In the land of the blind, the one-eyed man is king.'

Or like Woody Allen said '50% of success is just showing up.'

Or like Ganhdi said...just kidding, but I think you get the point.

You do NOT need to attempt to use every SAT vocabulary word that you've ever learned, or to write prose like Hemingway…you just need to list some honest reasons why they should pick you.

Now, like Larry the Cable Guy says 'Go get 'er done'.

Stanford records lowest acceptance rate in school history

A lot of top schools these days like Harvard, Princeton and Yale have reported new financial aid rules designed to maximize student aid for students that attend there to presumably make it more affordable for anyone to attend there. By the way, I discuss the truth about this in my financial aid workshops, so if you’ve never been or haven’t been in the last year, you need to make plans immediately to attend.

However, none of this does you ANY good whatsoever if you can’t get in in the first place. And all of these schools had their lowest acceptance rates ever. For instance, Stanford offered spots to 2,400 prospective freshmen out of 25,298 that applied. Richard Shaw, dean of admissions and financial aid, said that this record number of applicants means that just 9.5% of those who applied would be admitted come fall.

This situation has gotten so out of hand that I am considering doing my first ever public workshop on ‘What your guidance counselor isn’t telling you: how to get your student in to college in today’s competitive environment.’ This is information that I have previously reserved only for my paying clients, but with as bad as things are now, I’m thinking of releasing this information to the general public. Let me know if you’d be interested.

April 29, 2008

STUDENT PEACE ALLIANCE FUNDRAISER TONIGHT !!

Please support our very own Hallory S. and Arizona's first chapter of the Student Peace Alliance tonight from 4:30 - 7:30 pm at McDonalds (West of Mervyn's; across from PV Mall)

April 02, 2008

SOME NEWS THEY WON’T SHOW YOU IN PRIME TIME…

Here’s the deal. We are living in economic times that have little resemblance of past scenarios.

We don’t mean to say that other periods in the recent past were exactly like other periods long ago.

But…at least in the last 30-40 years or so, the economic world held at least enough similarities to the past that you might be able to glean some insight that would prove to be useful.

We always used to look at how our economy was doing, view the surrounding circumstances…and then look to past times when there were similar events. Knowing how history played out, can sometimes allow you to know what’s likely to happen in the present.

Like seeing what happened in 1973 to cause an oil crisis, or to look at 1979-80 to see how the hell interest rates on mortgages got to be 16%, and lines of credit got to be 21%, and CD’s in the bank were paying 14%...then seeing if those times hold any possible answers for our time.

Remember the famous saying, “Those who ignore the past are doomed to repeat it.”? Does this really apply now-a-days? Is there a past to study for clues to the present?

Why are we saying things are so weird now, that we’re not able to get a read the way we wish we could, or the way we used to?

Well, because quite honestly, these times are so bizarre there just isn’t any precedent to gauge or guide us!

What do we mean? OK, let’s look at some of the truly staggering things going on now:

· Fed Chairman Ben Bernanke, says he will do whatever is necessary to oppose deflation and recession. This includes inflating the supply of dollars to whatever it takes to make sure deflation is defeated. Inside the US, officials do not care about inflation or the collapse of the dollar, as long as we hold off a recession or even a deflation.

· Outside the US, other governments are near panicking about the collapse of the dollar.

· Since August 2007, federal agencies have provided nearly ONE TRILLION dollars in direct and indirect support of to US financial institutions.

· Nobel Economist, Joseph Stigliz, says the cost of the wars we’re enmeshed in will hit 3 TRILLION dollars!

· Interest rates on floating loans like inter bank loans, home equity loans, business lines of credit, etc., have dropped 300 basis points (3%) in just the last 8 months.

· Oil has hit $108 a barrel, gold pushed past $1000 an ounce.

· The Cold War is creeping back. Putin and his hand picked puppet, Medvedev, have done things like slash the natural supplies to the Ukraine, assisted the Serbs in taking control of vital railroads, Russian bombers have been flying near US airspace, causing US fighters to scramble more frequently than at any time since the end of the original Cold War.

· On March 5th, 2008, the Wall Street Journal ran an article entitled, “It’s The Dollar Stupid”.

· We are entangled in two wars that according to General Petraeus’ testimony in Congress on April 8th, 2008 said he really doesn’t know how many troops we need, nor how long it will take to “succeed”. He’s instituting a 45 day “freeze” on troop withdrawals so he can access what’s going on, but thinks we need at least 130,000 troops to remain in Iraq, maybe lots more.

· Foreclosures and delinquent mortgages are hitting the staggering figure of 1.5 million, and no one really knows for sure where it will end up. The Congress is pushing for as much as 300 billion dollars in federally insured fixed rate loans, forcing banks to write off their hundreds of billions in losses.

And much, much more.

All these seemingly unrelated events, may be very related…and make up our new world.

We don’t envy whomever ends up winning the President’s office. He or she will have to contend with an array of factors that we have never seen before occurring at one time.

We’re telling you that we do look at history to find similar combinations of variables…and there ain’t none.

With all that said, we still believe with all our hearts that your best, your only weapon is to do careful, methodical and frequent planning.

Our clients who are doing the best…are the ones who are the most aggressive with their planning. The clients who we see doing the worst are the ones who hardly ever, in many cases never sit down to review and update their planning.

Do you see any correlation? We do!

With everything that’s going on now, I our opinion, IT’S NOT OPTIONAL. YOU MUST sit down and take a look at ALL your finances…and make decisions on what to do based on this very, very confusing economy!

So, we need to talk NOW. Do your 2008 planning NOW! PROCRASTINATING WILL PROBABLY BE A HUGE MISTAKE!

April 01, 2008

Congratulations Dr.Klee!!!!

Cci00004_2 Congratulations Vanessa!!!

We wish you all the best with your residency!  See you at Graduation!

Ryan & Your College Planning Family

March 26, 2008

Could Your Internship Lead To A $2.2 Million a Year Salary?

This month, I’d like to highlight a real life success story from someone who followed the exact same steps that I encourage all of my students to follow, and it will give him a $2,200,000 a year salary for the next five years.

For those you not from

San Diego

, or who aren’t NFL fans, the Chargers General Manager A.J. Smith just recently signed a 5 year contract worth $11 million dollars. But what’s interesting about this isn’t the salary, since pro-football pays its’ players, coaches and managers very well; it’s how A.J. ended up in the NFL in the first place that’s fascinating.

A.J. Smith was a health and physical education teacher in

Rhode Island

twenty two years ago when he left to join pro football full time with the Chargers. When he first decided to get started in the NFL, though, he had no pro football experience. It didn’t matter to him, though.

Here’s what he did: he wrote letters to a number of NFL teams asking for one thing only: the opportunity to work for free. Most ignored him, but one team said yes, and that’s all it took. Jim Trimble, the late personnel director of the New York Giants was intrigued enough to contact him back and see what he had to say. Here’s what Smith explained, ‘What I’d like to do is come work for nothing. I’m not asking for pay, I’m asking for experience; so that the following year, if I’m any good, then at least I could have a letter of recommendation.’

He spent a year with the Giants as a volunteer scout, then moved on to

New England

(at Trimble’s recommendation) as a part time film-grader…for $3 an hour. He barely made any money, and it apparently cost him money to do the job by the time he had paid his car’s gas, but he got his foot in the door. His wife Sue was quoted in the San Diego Union Tribune recently as saying “We never got into this business for him to be a general manager. He was getting into this business to be in something he loved. He would have taken being a janitor. He would have taken any position to get his foot in the door.”

And now, he’s being paid millions to do something he loves.

So, what’s the lesson for you? First, he did exactly what I’ve been encouraging my students to do for years: take the initiative to contact people in the business or field that you are interested in and offer to work for free, requesting only a letter or recommendation if you perform well just like for A.J. Smith did. Many employers will ignore you or say no...but you only need one to say yes. Then, when you get your opportunity, treat it like you were getting paid. It was reported that Smith clocked in and out on time like a factory worker, even when he was volunteering. If you find that you hate something after a little while, that’s great. Now you don’t have to waste any more time on that field or career, and you can move on to the next item on the list.

On the other hand, if you find it’s something you love, you never know what that first job might turn into. In Smith’s case, it was his first ‘boss’—the guy he worked for free for---that set up the second job for him; only this time, he was getting paid. And, it led to him becoming the Charger’s general manager in 2003 when Bill Butler (the GM before him) died.

Also, I’d say to not begrudge being a rookie. Everybody has to start at the bottom of the totem pole and wage scale. So, don’t feel like you’re being taken advantage of by working for free. You’re not because you’re gaining something very valuable to you…experience.

Finally, since you’re going to work for decades anyways, you might as well find something that you’re passionate about. It’s often been quoted that you should ‘find something you love to do, and you’ll never work a day in your life’; well, this is partially true, you should find work you enjoy, but you have to find something that pays decently as well. Who knows, maybe like A.J. Smith of the Chargers, you’ll find something that will ultimately pay you millions for what you would do for free.

March 13, 2008

29 Tips for “Aceing” the SAT

Well, the great AP class debate rages on, and I've been slightly overwhelmed of late trying to sort through all the mail; so, while I've been buried sorting comments, opinions and experiences that families have had with their AP classes...I just looked up and realized that a whole bunch of you are going to be taking the SAT this Saturday.

I realize that it's last minute, but I thought I'd give you some of my tips and suggestions for acing the SAT. Yeah, I know that some of them are obvious, but I've got to include them all in case they're NOT obvious to other people. Oh, I included one VERY important fact at the end, so be sure to read all the way through.

So, in the best order I could think of to put them in, here they are:

The day before the test (Friday):

Be sure you've got everything together the night before that you're going to need in the morning, like ID, pencils, directions to the test center if you're not familiar with where it's at, and some stuff to eat.

Try to relax by watching a movie or getting some exercise. Get to bed early, and be sure you set TWO alarms….one in another room so you can't keep hitting the snooze button...and get up in plenty of time to get to your test center. You don't want to be locked out because you were a couple of minutes late (yes, it's happened before)

On Saturday, before the actual test:

Eat breakfast. I know, you've been told this a million times, but studies show that it DOES make a difference. Also, don't forget to bring the stuff you brought to eat so you can have something to keep you going. You can eat it on the breaks.

Breathe deeply and try to relax.

OK, once you begin the test, here are some tips for you about the test in general:

The questions are generally arranged from easiest to hardest. There are two schools of thought on this. Some people feel you should work backwards, so you hit the hardest problems first, when you are the freshest. It's not a bad strategy, but my main concern is that you'll make a mistake in filling out the answer form, in which case you're royally screwed. So, if you think you can handle it, you might try it, otherwise, work from front to back, buuuuuuttttt:

Pay attention to the time: limit your time spent on any one question so you don't have one problem hijack your entire test. Remember, each question is worth the same number of points so if one problem stumps you, just skip it and move on to the next one. If you have time, come back to it later.

Skip anything you really can't answer or don't have a clue on. However...

Make an educated guess if you can weed out one or two answers. Look, here's the way they put the test together: they first create a question with a correct answer. Then, they put together an answer that SOUNDS correct, but isn't. Then, they fill the remaining three answers with something related, but not close.

Sooooo...if you can eliminate quickly the three more obvious wrong answers, you've now got a 50/50 shot of being right. Pick one, quickly move on to the next question, and then come back and review later if you have time.

Do NOT waste time, even if you finish early, by laying your head on your desk or flirting with the girl or guy next to you…there will be time for both later, but for now, you've got to stay focused on the task at hand! Instead, go back and recheck your answers one more time, or work on any problems that you had to skip previously.