CONSIDERATIONS FOR SEMESTER TWO SENIORS

 

 

1. Time to make your college choice

2. Know your financial aid offers

3. How to handle college rejection

4. What do admissions officers consider?

 

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TIME TO MAKE YOUR COLLEGE CHOICE

 

Very soon seniors will have to make an important decision – which college to attend.

 

In April, many colleges and universities begin sending offer letters to students who have been accepted for their incoming freshman class and have applied for financial assistance. Offer letters list the cost of tuition and fees plus the amount of financial aid offered through the school.

 

When you've been accepted and receive the financial aid offers from more than one school, you need to compare them, make a choice and accept the offer from the school that best fits your needs – and your budget. You've probably already started making choices and ranking schools.

 

How do you compare offers? Make a list of pros and cons for each school and the key reasons for your decisions.

 

Most families need to consider the annual net cost of attending each school and the annual cash outlay required of the family. To figure these out, you can make a chart listing each school and include the following:

 

  1. Estimated Annual Expenses

1.      Tuition

2.      Fees

3.      Room

4.      Board/meal plan

5.      Travel

6.      Estimated price of books and supplies

7.      Personal expenses

  1. Total Gift Aid (aid that does not need to be repaid)

1.      Grants and scholarships

2.      Other gift aid

  1. Net Price = A – B
  2. Estimated Annual Earnings from Work Study or Other Job Offers
  3. Loans to be Repaid

1.      Federal Stafford or Direct Loans

2.      Federal Perkins Loan

3.      Other student loans

  1. Cash Outflow = [C – (D + E)]

 

Once you've completed the chart, consider the pros and cons of each school along with the financial considerations.  Consider the nontangible factors (your feelings about the school and the environment) as well as the tangible factors (course offerings, cost).  Listen to your parents but realize that the decision is ultimately yours.

 

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KNOW YOUR FINANCIAL AID OFFERS

 

When you receive offers from colleges, be aware of the terms of any financial aid offers. In the case of federal, state and many institutional aid programs, you are required to reapply each year.  Nearly every scholarship also carries with it an obligation to carry a minimum course load and to maintain a minimum grade point average (GPA).  It's important to read all financial aid documents carefully and understand their terms and conditions.  The same goes for loans. You need to consider the terms of any loan—both the interest rate and when repayment is to begin. Make sure you understand everything before you sign any documents.  If you have questions, ask the financial aid office at the college.

 

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HOW TO HANDLE COLLEGE REJECTION

 

A rejection is never easy—whether it comes from a friend, a potential employer, or even a stranger. Somehow though, you usually get over it.

 

But when you're rejected by your Number 1 college choice, it can be hard to deal with and move on. This is your future and a door just slammed right in your face.

 

Here are some ideas to help you work through and overcome the disappointment:

 

§         Don't take it personally. You may have been rejected simply because the college had many similar applicants.

§         Reaffirm your strengths. Remind yourself that you have many fine qualifications for college.  An acceptance letter will come.

§         Remember that you aren't alone. Almost everyone gets some rejections. 

§         Recognize that brand name doesn't equal success.  There are many paths to a successful career, and no college leads to a sure thing in job placement.

§         Don't spend a lot of time agonizing about the rejection. Instead, use the time and energy finding another school that you will like as much or more.

§         Be positive about other institutions. You are sure to find several colleges where you could be happy and receive a great education.

§         Consider that maybe the rejection isn't such a bad thing. Sometimes you realize down the road that a rejection was a blessing. Maybe the admissions officer saw something that signaled the college would not be a good match for your skills, interests and dislikes, and thereby saved you from a disappointing experience.

§         If at first you don't succeed . . . If you are dead set on a given school, start at another school and reapply later as a transfer student.

 

Adult life will deliver some bumps and bruises, like getting rejected when applying for jobs or being passed over for a promotion. If you can learn to handle rejection now, you'll be better prepared for adult life. And remember, college rejections happen, and they don't have to define the rest of your life.

 

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WHAT DO ADMISSIONS OFFICERS CONSIDER?

 

When looking at college applicants, admissions officers consider:

 

ê          Courses taken in high school – Students who take challenging courses will be considered better prepared for college than students who take the easier route through high school.

 

ê          Grades – A student's grade point average and class standing is important to admissions officers.

 

ê          College entrance exam score – Colleges use your score to determine your readiness for college academics and which courses you are prepared to take during your freshman year.

 

ê          Extracurricular activities – Are you involved in high school activities, and will you be involved on campus?  Students who are involved in campus activities are more likely to remain in college and thrive on campus.

 

ê          College essay – Some colleges require essays and use them to judge writing skills and to learn more about you as an individual.

 

ê          Interview – If required, it is important for you to present yourself as someone who is bright, articulate, and interested in being involved in the school. Be honest, relax and let them see the real you.

 

ê          Whether the college is the right fit for you – Will you like the lifestyle of the particular campus?  Will you fit in with fellow classmates?  Does the campus have activities that match your interests?