video_title
stringlengths 19
96
| Sentence
stringlengths 31
1.64k
|
|---|---|
Applying to the right number of colleges.mp3
|
So, you always want to apply to three different types of schools. You want to apply to your REACH schools. Your REACH schools are going to be those schools that you're not necessarily confident that you can get into, but you have a strong pull towards wanting to apply to Yale, let's say. But you are a 3.8 GPA student, your SAT scores just aren't as strong enough and don't match what they outline as their requirements. You can definitely apply to those schools. We call them REACH schools, but you can write a compelling enough essay that you might catch the admissions department's attention to read over your essay and say, you know, we want to actually meet the students, see what the student is about, and bring them onto our campus. We think they have enough value and enough of a story in their background that they could bring diversity to our campus, something unique about them.
|
Applying to the right number of colleges.mp3
|
But you are a 3.8 GPA student, your SAT scores just aren't as strong enough and don't match what they outline as their requirements. You can definitely apply to those schools. We call them REACH schools, but you can write a compelling enough essay that you might catch the admissions department's attention to read over your essay and say, you know, we want to actually meet the students, see what the student is about, and bring them onto our campus. We think they have enough value and enough of a story in their background that they could bring diversity to our campus, something unique about them. Then you have your FIT schools. Those schools that are right within range with your grades and your test scores. Then you have your backup schools.
|
Applying to the right number of colleges.mp3
|
We think they have enough value and enough of a story in their background that they could bring diversity to our campus, something unique about them. Then you have your FIT schools. Those schools that are right within range with your grades and your test scores. Then you have your backup schools. So you are determined to go to college, that's where you want to be, and so we always want to make sure that you have some sort of backup just in case. So these might be your schools that perhaps don't meet as high a GPA or high scores as you have, and those are called safeties or schools that you can be pretty sure will admit you. We usually take the concept of applying for REACH schools, for best fit schools, and for backup schools.
|
How do I know if I qualify for need-based aid.mp3
|
We're here to talk about how to know whether or not you qualify for need-based aid. Yeah, so the answer to this question is unfortunately complicated because the formula that the U.S. Department of Education and the schools themselves use to determine whether you or your family qualifies for need-based aid is also complicated. First of all, the government and the schools have to determine whether you are a dependent. That is, whether you have received over half of your support from your parents in the last couple of years. They will always look at your student income and assets, but if you are a dependent, which most high school students are, they will also look at things like your parents' income, the number of dependents your parents have, the type and kind of assets they possess, the age of your oldest parent, your parents' retirement contributions, and how many kids your parents have in college at the same time. Your EFC can also be strongly affected by whether family assets are in your student name or in your parents' name. Okay, so after you submit all this information, what do the government and schools do with all this?
|
How do I know if I qualify for need-based aid.mp3
|
That is, whether you have received over half of your support from your parents in the last couple of years. They will always look at your student income and assets, but if you are a dependent, which most high school students are, they will also look at things like your parents' income, the number of dependents your parents have, the type and kind of assets they possess, the age of your oldest parent, your parents' retirement contributions, and how many kids your parents have in college at the same time. Your EFC can also be strongly affected by whether family assets are in your student name or in your parents' name. Okay, so after you submit all this information, what do the government and schools do with all this? So based on all this information, the federal government and schools will calculate something called your Expected Family Contribution, or EFC, which represents the amount of money they feel that you can afford to pay for one year of college education. For example, they might say that your family can afford $10,000 a year or $35,000 a year based on a computer analysis of all the factors I mentioned above. Unfortunately, and this is key, your EFC in no way really represents what your family can actually afford to pay for college.
|
How do I know if I qualify for need-based aid.mp3
|
Okay, so after you submit all this information, what do the government and schools do with all this? So based on all this information, the federal government and schools will calculate something called your Expected Family Contribution, or EFC, which represents the amount of money they feel that you can afford to pay for one year of college education. For example, they might say that your family can afford $10,000 a year or $35,000 a year based on a computer analysis of all the factors I mentioned above. Unfortunately, and this is key, your EFC in no way really represents what your family can actually afford to pay for college. So many families are stunned at how much the government and schools feel you can afford to pay. That's why it's really important to get an estimate of your EFC as early in high school as possible so that you can figure out which schools you can really afford. And how is my EFC calculated?
|
How do I know if I qualify for need-based aid.mp3
|
Unfortunately, and this is key, your EFC in no way really represents what your family can actually afford to pay for college. So many families are stunned at how much the government and schools feel you can afford to pay. That's why it's really important to get an estimate of your EFC as early in high school as possible so that you can figure out which schools you can really afford. And how is my EFC calculated? Your actual EFC is calculated when you fill out one, and sometimes two, important financial aid forms in the year before you go to college. The first form, called the VAVSA, is required by all American colleges and universities if you want any form of need-based assistance. Then in addition, some schools, about 250, require you to complete both the VAVSA and an additional form called the CSS profile, which stands for College Scholarship Service Profile.
|
How do I know if I qualify for need-based aid.mp3
|
And how is my EFC calculated? Your actual EFC is calculated when you fill out one, and sometimes two, important financial aid forms in the year before you go to college. The first form, called the VAVSA, is required by all American colleges and universities if you want any form of need-based assistance. Then in addition, some schools, about 250, require you to complete both the VAVSA and an additional form called the CSS profile, which stands for College Scholarship Service Profile. This form is administered by the College Board, which is the organization that also administers the SAT and SAT subject tests. So if you have to fill out both the VAVSA and the profile, are you going to get one EFC calculated from that, or could they be different EFCs for each form? So if the school requires just the VAVSA, the U.S. Department of Education will calculate what's called your Federal Methodology EFC.
|
How do I know if I qualify for need-based aid.mp3
|
Then in addition, some schools, about 250, require you to complete both the VAVSA and an additional form called the CSS profile, which stands for College Scholarship Service Profile. This form is administered by the College Board, which is the organization that also administers the SAT and SAT subject tests. So if you have to fill out both the VAVSA and the profile, are you going to get one EFC calculated from that, or could they be different EFCs for each form? So if the school requires just the VAVSA, the U.S. Department of Education will calculate what's called your Federal Methodology EFC. And then the schools that use the VAVSA will use this EFC to determine the kind of need-based aid you get from the federal government, like student loans or Pell Grants. And sometimes they will also use that federal EFC to determine what grants and scholarships you get from the schools themselves. However, roughly 250 schools require you to complete both the VAVSA and the CSS profile, and in those cases they will calculate a second EFC called the Institutional EFC that will be used to determine how much of these schools' own need-based aid they will give you.
|
How do I know if I qualify for need-based aid.mp3
|
So if the school requires just the VAVSA, the U.S. Department of Education will calculate what's called your Federal Methodology EFC. And then the schools that use the VAVSA will use this EFC to determine the kind of need-based aid you get from the federal government, like student loans or Pell Grants. And sometimes they will also use that federal EFC to determine what grants and scholarships you get from the schools themselves. However, roughly 250 schools require you to complete both the VAVSA and the CSS profile, and in those cases they will calculate a second EFC called the Institutional EFC that will be used to determine how much of these schools' own need-based aid they will give you. A subset of schools that use the CSS profile also use a third methodology to calculate their own awards, and this is called the Consensus Methodology, as if you weren't confused enough. So in sum, you can actually have three different EFCs depending on the schools you're applying to. The VAVSA will calculate what's called your Federal EFC, and your Federal EFC will be used to determine how much federal aid you receive, in the form of student loans perhaps, or in the form of, for instance, Pell Grants or SEAD grants.
|
How do I know if I qualify for need-based aid.mp3
|
However, roughly 250 schools require you to complete both the VAVSA and the CSS profile, and in those cases they will calculate a second EFC called the Institutional EFC that will be used to determine how much of these schools' own need-based aid they will give you. A subset of schools that use the CSS profile also use a third methodology to calculate their own awards, and this is called the Consensus Methodology, as if you weren't confused enough. So in sum, you can actually have three different EFCs depending on the schools you're applying to. The VAVSA will calculate what's called your Federal EFC, and your Federal EFC will be used to determine how much federal aid you receive, in the form of student loans perhaps, or in the form of, for instance, Pell Grants or SEAD grants. Schools that only use the VAVSA will use the Federal EFC to also calculate what they give you in terms of their own institutional aid coming from their own school. Schools that require you to fill out both the VAVSA and the CSS profile will actually calculate two different EFCs. And again, they'll use the Federal EFC to calculate your federal aid, but they'll use what's called the Institutional Methodology EFC to calculate what they will give you in terms of their own institutional aid.
|
How do I know if I qualify for need-based aid.mp3
|
The VAVSA will calculate what's called your Federal EFC, and your Federal EFC will be used to determine how much federal aid you receive, in the form of student loans perhaps, or in the form of, for instance, Pell Grants or SEAD grants. Schools that only use the VAVSA will use the Federal EFC to also calculate what they give you in terms of their own institutional aid coming from their own school. Schools that require you to fill out both the VAVSA and the CSS profile will actually calculate two different EFCs. And again, they'll use the Federal EFC to calculate your federal aid, but they'll use what's called the Institutional Methodology EFC to calculate what they will give you in terms of their own institutional aid. And these EFCs can be very, very different from each other. And then a subset of the schools that use the CSS profile will potentially calculate a third EFC called the Consensus Methodology EFC. So for those schools, they may use the Federal EFC to calculate federal aid, and the Consensus Methodology EFC to calculate their own institutional aid.
|
How do I know if I qualify for need-based aid.mp3
|
And again, they'll use the Federal EFC to calculate your federal aid, but they'll use what's called the Institutional Methodology EFC to calculate what they will give you in terms of their own institutional aid. And these EFCs can be very, very different from each other. And then a subset of the schools that use the CSS profile will potentially calculate a third EFC called the Consensus Methodology EFC. So for those schools, they may use the Federal EFC to calculate federal aid, and the Consensus Methodology EFC to calculate their own institutional aid. Got it. Okay. So which schools tend to use the CSS profile?
|
How do I know if I qualify for need-based aid.mp3
|
So for those schools, they may use the Federal EFC to calculate federal aid, and the Consensus Methodology EFC to calculate their own institutional aid. Got it. Okay. So which schools tend to use the CSS profile? The CSS profile is used by a very specific list of about 250 schools. These schools tend to be the more elite private schools, although there are a few sort of flagship state public schools across the country that do use the CSS profile. These schools tend to be the most generous, actually, when it comes to need-based aid because they tend to be the schools that have larger endowments.
|
How do I know if I qualify for need-based aid.mp3
|
So which schools tend to use the CSS profile? The CSS profile is used by a very specific list of about 250 schools. These schools tend to be the more elite private schools, although there are a few sort of flagship state public schools across the country that do use the CSS profile. These schools tend to be the most generous, actually, when it comes to need-based aid because they tend to be the schools that have larger endowments. However, because they have more money to give away, they're going to dig more deeply into each family's financial picture to figure out who needs the assistance the most. Okay, so what are the key indicators that are going to help me estimate what my EFC is going to be and whether or not my family and I are eligible for need-based aid? Generally the overriding factor in determining your EFC and obviously then your eligibility for need-based aid is your family's adjusted gross income, or AGI.
|
How do I know if I qualify for need-based aid.mp3
|
These schools tend to be the most generous, actually, when it comes to need-based aid because they tend to be the schools that have larger endowments. However, because they have more money to give away, they're going to dig more deeply into each family's financial picture to figure out who needs the assistance the most. Okay, so what are the key indicators that are going to help me estimate what my EFC is going to be and whether or not my family and I are eligible for need-based aid? Generally the overriding factor in determining your EFC and obviously then your eligibility for need-based aid is your family's adjusted gross income, or AGI. And that's found on the last line of the first page of the federal tax return. Also, the number of dependents you or your parents have are going to affect that EFC strongly. And of course, the other thing that affects your costs are the annual cost of the school you will be attending.
|
How do I know if I qualify for need-based aid.mp3
|
Generally the overriding factor in determining your EFC and obviously then your eligibility for need-based aid is your family's adjusted gross income, or AGI. And that's found on the last line of the first page of the federal tax return. Also, the number of dependents you or your parents have are going to affect that EFC strongly. And of course, the other thing that affects your costs are the annual cost of the school you will be attending. Basically, I always tell families that if their AGI is under $100,000 per year, they are definitely going to qualify for aid at almost every school, unless the value of their assets puts them over the need-based threshold. So what would be an example of that? So an example would be a family that has a relatively low AGI, let's say an AGI of $60,000 per year, but these parents own a whole lot of property in which they have a whole lot of equity, so the value of their assets is so high that even though their income is low, they're still not going to qualify for need-based aid.
|
How do I know if I qualify for need-based aid.mp3
|
And of course, the other thing that affects your costs are the annual cost of the school you will be attending. Basically, I always tell families that if their AGI is under $100,000 per year, they are definitely going to qualify for aid at almost every school, unless the value of their assets puts them over the need-based threshold. So what would be an example of that? So an example would be a family that has a relatively low AGI, let's say an AGI of $60,000 per year, but these parents own a whole lot of property in which they have a whole lot of equity, so the value of their assets is so high that even though their income is low, they're still not going to qualify for need-based aid. Then, if your family has an AGI between $100,000 and $150,000, you should qualify again, they should qualify again for at least some aid at many institutions. Again, as long as the value of their assets isn't too high. For institutions that have the very highest costs, you might even qualify for a little aid between $150,000 and $200,000 of AGI.
|
How do I know if I qualify for need-based aid.mp3
|
So an example would be a family that has a relatively low AGI, let's say an AGI of $60,000 per year, but these parents own a whole lot of property in which they have a whole lot of equity, so the value of their assets is so high that even though their income is low, they're still not going to qualify for need-based aid. Then, if your family has an AGI between $100,000 and $150,000, you should qualify again, they should qualify again for at least some aid at many institutions. Again, as long as the value of their assets isn't too high. For institutions that have the very highest costs, you might even qualify for a little aid between $150,000 and $200,000 of AGI. Above $200,000 of AGI, your family is probably going to qualify for very little need-based aid, if any at all, even at the most expensive schools. But of course, this also depends completely on the number of dependents you and your parents have. I've seen families with six kids, three of whom are in college, that will affect and reduce the cost of education for any one child.
|
How do I know if I qualify for need-based aid.mp3
|
For institutions that have the very highest costs, you might even qualify for a little aid between $150,000 and $200,000 of AGI. Above $200,000 of AGI, your family is probably going to qualify for very little need-based aid, if any at all, even at the most expensive schools. But of course, this also depends completely on the number of dependents you and your parents have. I've seen families with six kids, three of whom are in college, that will affect and reduce the cost of education for any one child. And is there anywhere that I can go ahead of time to try and accurately calculate what my EFC is going to be? Yeah, that's a really good question. Schools are required by federal law to put a net price calculator on their websites, where you can go to calculate your EFC.
|
How do I know if I qualify for need-based aid.mp3
|
I've seen families with six kids, three of whom are in college, that will affect and reduce the cost of education for any one child. And is there anywhere that I can go ahead of time to try and accurately calculate what my EFC is going to be? Yeah, that's a really good question. Schools are required by federal law to put a net price calculator on their websites, where you can go to calculate your EFC. Unfortunately, this law, when Congress wrote it, did not require schools to keep their cost information current. So unfortunately, many schools have calculators that are many years out of date. You can also find a fairly decent EFC calculator on the College Board's website at bigfuture.collegeboard.org.
|
How do I know if I qualify for need-based aid.mp3
|
Schools are required by federal law to put a net price calculator on their websites, where you can go to calculate your EFC. Unfortunately, this law, when Congress wrote it, did not require schools to keep their cost information current. So unfortunately, many schools have calculators that are many years out of date. You can also find a fairly decent EFC calculator on the College Board's website at bigfuture.collegeboard.org. Again, it's not as accurate as I'd like it to be, but sometimes it's the best EFC estimator you're going to have. And once I complete the FAFSA and the CSS profile, will I know what my EFCs are right away? Interestingly, not always.
|
How do I know if I qualify for need-based aid.mp3
|
You can also find a fairly decent EFC calculator on the College Board's website at bigfuture.collegeboard.org. Again, it's not as accurate as I'd like it to be, but sometimes it's the best EFC estimator you're going to have. And once I complete the FAFSA and the CSS profile, will I know what my EFCs are right away? Interestingly, not always. Once you complete the FAFSA, you will receive something by email called a Student Aid Report or SAR from the federal government, and it will list your federal EFC. Unfortunately, however, the College Board and schools that require the CSS profile never really tell you what your actual institutional methodology EFC is, even after you complete the profile. So this is the money that the schools will be giving you?
|
How do I know if I qualify for need-based aid.mp3
|
Interestingly, not always. Once you complete the FAFSA, you will receive something by email called a Student Aid Report or SAR from the federal government, and it will list your federal EFC. Unfortunately, however, the College Board and schools that require the CSS profile never really tell you what your actual institutional methodology EFC is, even after you complete the profile. So this is the money that the schools will be giving you? Correct. It's not only the money they'll be giving you, but it's the number that they use to arrive at what they give you. So they have come up with this EFC, this Institutional Methodology EFC, but they don't always really tell you what it is unless you ask.
|
How do I know if I qualify for need-based aid.mp3
|
So this is the money that the schools will be giving you? Correct. It's not only the money they'll be giving you, but it's the number that they use to arrive at what they give you. So they have come up with this EFC, this Institutional Methodology EFC, but they don't always really tell you what it is unless you ask. In other words, you won't find it on your financial aid award letter anywhere, and you actually have to call the financial aid offices and ask for how they arrived at your college costs because they just don't make it transparent. So are you saying that colleges always meet all costs over and above my EFC, or is that not the case? Yeah, again, it's complicated.
|
How do I know if I qualify for need-based aid.mp3
|
So they have come up with this EFC, this Institutional Methodology EFC, but they don't always really tell you what it is unless you ask. In other words, you won't find it on your financial aid award letter anywhere, and you actually have to call the financial aid offices and ask for how they arrived at your college costs because they just don't make it transparent. So are you saying that colleges always meet all costs over and above my EFC, or is that not the case? Yeah, again, it's complicated. There are actually only about 60 schools in the country that will meet all of your costs over and above your calculated EFC. Most schools will only meet a percentage of your actual calculated financial need. Any percentage of need a school doesn't meet is your responsibility to pay.
|
Student story Standardized tests.mp3
|
Personally, I'm not really a big test taker, so one of my biggest fears was being really scared and anxious when I would take the test. But then I took a step back and really reflected on, well, how am I going to give my best? I'm really close friends with a lot of girls, and thankfully we love to study together, so that was good to have people to rely on. And it was also important to not just take the test once, but take it multiple times so that we can just practice through longer periods of times. And we gave each other more than a month just to prepare. Preparation doesn't just happen overnight or in a couple weeks, but really understanding this is the date when the test comes and this is how long we're going to prepare for it. And with me, I decided to take both the SAT and ACT because I wanted to see whether I had a higher score in another test such as the ACT.
|
Visiting campus.mp3
|
So, a lot of schools now are doing fly-in programs either in the fall before you even have applied or once you've applied and been admitted, they also may pay for you to come and visit then. So, it's, again, always worth asking questions. If you really want to visit a school, it's always worth calling that school and saying, hey, look, I'm a low-income student. Do you have any programs where I might be able to come and visit? And it's, again, a lot of schools will take an opportunity to try to get you onto their campus. Some may have an application process and some are competitive, some aren't as competitive. But again, it's definitely worth looking into.
|
Visiting campus.mp3
|
Do you have any programs where I might be able to come and visit? And it's, again, a lot of schools will take an opportunity to try to get you onto their campus. Some may have an application process and some are competitive, some aren't as competitive. But again, it's definitely worth looking into. So, not all students get a chance to visit, but it's always worth asking questions to see if there are opportunities where the school may be able to help you do that so you can make some good decisions. Start visiting colleges just in your neighborhood, just so that you get a sense of the difference between a small school and a large school and a school that's an urban campus and a rural campus. So, looking for as many diversity variables will begin to give you a sense of what you like and where you think you're going to learn best.
|
Visiting campus.mp3
|
But again, it's definitely worth looking into. So, not all students get a chance to visit, but it's always worth asking questions to see if there are opportunities where the school may be able to help you do that so you can make some good decisions. Start visiting colleges just in your neighborhood, just so that you get a sense of the difference between a small school and a large school and a school that's an urban campus and a rural campus. So, looking for as many diversity variables will begin to give you a sense of what you like and where you think you're going to learn best. Most students will say that a campus visit is one of the most important things they're going to do in helping them determine if the school is going to be a good match for them. But things you can do, typically on the website you can see most schools will offer daily information sessions and tours. I think that's probably a good starting point for a lot of students.
|
Visiting campus.mp3
|
So, looking for as many diversity variables will begin to give you a sense of what you like and where you think you're going to learn best. Most students will say that a campus visit is one of the most important things they're going to do in helping them determine if the school is going to be a good match for them. But things you can do, typically on the website you can see most schools will offer daily information sessions and tours. I think that's probably a good starting point for a lot of students. Some of them you have to sign up ahead of time, some of you can just come to the campus and do that. And again, it's a good general starting point. There are some schools that will offer interviews.
|
Visiting campus.mp3
|
I think that's probably a good starting point for a lot of students. Some of them you have to sign up ahead of time, some of you can just come to the campus and do that. And again, it's a good general starting point. There are some schools that will offer interviews. Some of them might be evaluative, some of them might just be informational. And again, you can decide is that a step you want to take, but doing interviews can be an important part for you to get feedback from a college admissions person about specific questions you have. But I would also definitely get off the beaten path this as well.
|
Visiting campus.mp3
|
There are some schools that will offer interviews. Some of them might be evaluative, some of them might just be informational. And again, you can decide is that a step you want to take, but doing interviews can be an important part for you to get feedback from a college admissions person about specific questions you have. But I would also definitely get off the beaten path this as well. So if you have time, you may also want to be able to schedule some other kinds of things while you're there. So if you're really interested in theater, you might be able to schedule an opportunity to talk with somebody in the theater department and what the opportunities might be. You might want to just spend some time in the student center and sort of ask questions from some random students there who aren't part of the admissions office just to get their take on different kinds of things.
|
Visiting campus.mp3
|
But I would also definitely get off the beaten path this as well. So if you have time, you may also want to be able to schedule some other kinds of things while you're there. So if you're really interested in theater, you might be able to schedule an opportunity to talk with somebody in the theater department and what the opportunities might be. You might want to just spend some time in the student center and sort of ask questions from some random students there who aren't part of the admissions office just to get their take on different kinds of things. You might have an opportunity to sit in a class. So if you're doing a school year, you might be able to schedule it where a lot of opportunities, a lot of schools will let you sit in on classes so you can get a take on that. So if you're interested in, I think I might want a big school, what is it like to be in a lecture hall of 300 students, you might get a chance to do that.
|
Visiting campus.mp3
|
You might want to just spend some time in the student center and sort of ask questions from some random students there who aren't part of the admissions office just to get their take on different kinds of things. You might have an opportunity to sit in a class. So if you're doing a school year, you might be able to schedule it where a lot of opportunities, a lot of schools will let you sit in on classes so you can get a take on that. So if you're interested in, I think I might want a big school, what is it like to be in a lecture hall of 300 students, you might get a chance to do that. Find out what the class size, the class sizes, okay? Ask yourself, do I like being at a big college where a lot of students or does a smaller environment work for me best? What do the dormitories look like?
|
Visiting campus.mp3
|
So if you're interested in, I think I might want a big school, what is it like to be in a lecture hall of 300 students, you might get a chance to do that. Find out what the class size, the class sizes, okay? Ask yourself, do I like being at a big college where a lot of students or does a smaller environment work for me best? What do the dormitories look like? What are some of the classes that you'll be taking during your first year? What are the resources, for example, do they have, if I have problems, let's say with writing and my writing assignments. Do they have tutorials on that?
|
Visiting campus.mp3
|
What do the dormitories look like? What are some of the classes that you'll be taking during your first year? What are the resources, for example, do they have, if I have problems, let's say with writing and my writing assignments. Do they have tutorials on that? I would also, and I used to recruit for graduate students, but I would always say to students, ask if you can talk to other students. There are some schools that let you do an overnight. So you can actually spend a night there and see what a typical night is like.
|
Visiting campus.mp3
|
Do they have tutorials on that? I would also, and I used to recruit for graduate students, but I would always say to students, ask if you can talk to other students. There are some schools that let you do an overnight. So you can actually spend a night there and see what a typical night is like. Go to the library, what is the dorm like at night? What are the kids talking about? So a lot of those things can be very helpful.
|
Visiting campus.mp3
|
So you can actually spend a night there and see what a typical night is like. Go to the library, what is the dorm like at night? What are the kids talking about? So a lot of those things can be very helpful. The summertime is a really important, is a very popular time to visit because students are out of class and you have the opportunity to go, but a lot of campuses are very different in the summer, so you have to remember that. If you have the opportunity to go during the school year, that's probably ideal, but that's a little bit more difficult. So again, using a campus visit wisely can be incredibly helpful in the process.
|
Types of grants and scholarships.mp3
|
Sean, one of the biggest things that students and also parents are really concerned about is how to pay for college. And one of the things that excites students and parents the most is free money, so scholarships and grants. Let's dig into that. Where does that money come from and how do students get it? Sure. So I think there's a couple different places that students can find that kind of money. One of the first ones might be merit-based aid.
|
Types of grants and scholarships.mp3
|
Where does that money come from and how do students get it? Sure. So I think there's a couple different places that students can find that kind of money. One of the first ones might be merit-based aid. And merit-based aid is typically given by the college for students who have specific talents in certain kinds of things. So what sort of talents would actually get you that kind of aid? So there are schools that give out merit-based money based on really strong academics.
|
Types of grants and scholarships.mp3
|
One of the first ones might be merit-based aid. And merit-based aid is typically given by the college for students who have specific talents in certain kinds of things. So what sort of talents would actually get you that kind of aid? So there are schools that give out merit-based money based on really strong academics. It might be on a musical ability or an artistic ability. It could be on leadership or community service experiences you've had. So there's multiple different ways that schools may give out that money.
|
Types of grants and scholarships.mp3
|
So there are schools that give out merit-based money based on really strong academics. It might be on a musical ability or an artistic ability. It could be on leadership or community service experiences you've had. So there's multiple different ways that schools may give out that money. And I imagine then that sports scholarships, which are sort of some of the most well-known type of scholarships out there, probably fall into this type of merit-based scholarship then. Correct. And are schools the only place that give it or are there also other organizations where students can apply to get some merit-based scholarships?
|
Types of grants and scholarships.mp3
|
So there's multiple different ways that schools may give out that money. And I imagine then that sports scholarships, which are sort of some of the most well-known type of scholarships out there, probably fall into this type of merit-based scholarship then. Correct. And are schools the only place that give it or are there also other organizations where students can apply to get some merit-based scholarships? So there are definitely merit scholarships that come from private – or scholarships come from private companies and corporations and community groups as well. And again, they may be renewable. They may be just for one year only.
|
Types of grants and scholarships.mp3
|
And are schools the only place that give it or are there also other organizations where students can apply to get some merit-based scholarships? So there are definitely merit scholarships that come from private – or scholarships come from private companies and corporations and community groups as well. And again, they may be renewable. They may be just for one year only. But again, there are many, many places where students can go and find different opportunities to apply for these, anywhere from maybe $500 to $30,000. Fastweb.com is a free site that's a great place that students can look online for different types of opportunities. And they generally tend to have a lot of local opportunities in their own community that their high schools probably have as well.
|
Types of grants and scholarships.mp3
|
They may be just for one year only. But again, there are many, many places where students can go and find different opportunities to apply for these, anywhere from maybe $500 to $30,000. Fastweb.com is a free site that's a great place that students can look online for different types of opportunities. And they generally tend to have a lot of local opportunities in their own community that their high schools probably have as well. Great. And in addition to merit-based aid, you mentioned there was sort of another place where a lot of money comes from. Talk me through that.
|
Types of grants and scholarships.mp3
|
And they generally tend to have a lot of local opportunities in their own community that their high schools probably have as well. Great. And in addition to merit-based aid, you mentioned there was sort of another place where a lot of money comes from. Talk me through that. The other kind of aid you will find is mostly need-based aid. And that's based on a very different set of criteria. And that need-based aid comes from sort of your family's income and family's situation.
|
Types of grants and scholarships.mp3
|
Talk me through that. The other kind of aid you will find is mostly need-based aid. And that's based on a very different set of criteria. And that need-based aid comes from sort of your family's income and family's situation. And based on – off of that, schools will also offer money, need-based aid for you. So the way that that happens is schools are going to ask you to fill out some forms. The first one is called the FAFSA, the F-A-F-S-A, which stands for the Free Application for Federal Student Aid.
|
Types of grants and scholarships.mp3
|
And that need-based aid comes from sort of your family's income and family's situation. And based on – off of that, schools will also offer money, need-based aid for you. So the way that that happens is schools are going to ask you to fill out some forms. The first one is called the FAFSA, the F-A-F-S-A, which stands for the Free Application for Federal Student Aid. And remember that free part of that. There are a couple of sites out there that will happily do the FAFSA for you and charge you for it. So be sure you're on the right website, fafsa.ed.gov.
|
Types of grants and scholarships.mp3
|
The first one is called the FAFSA, the F-A-F-S-A, which stands for the Free Application for Federal Student Aid. And remember that free part of that. There are a couple of sites out there that will happily do the FAFSA for you and charge you for it. So be sure you're on the right website, fafsa.ed.gov. That website is what you will use. There's one other form that a lot of schools use, and that's called the CSS Profile. And that's found on the College Board website.
|
Types of grants and scholarships.mp3
|
So be sure you're on the right website, fafsa.ed.gov. That website is what you will use. There's one other form that a lot of schools use, and that's called the CSS Profile. And that's found on the College Board website. But those are two forms that look at your family's finances in a little bit different way. And based on those two forms, a college will determine how much your family should be able to contribute to need-based aid – to your education. So say that those two forms determine that your family can pay $10,000 towards a $60,000 education.
|
Types of grants and scholarships.mp3
|
And that's found on the College Board website. But those are two forms that look at your family's finances in a little bit different way. And based on those two forms, a college will determine how much your family should be able to contribute to need-based aid – to your education. So say that those two forms determine that your family can pay $10,000 towards a $60,000 education. Then the school is going to come up with that extra $50,000 to make it possible for you to come. And how they do that – hopefully a good portion of that will be scholarship aid that you will not pay back. Great.
|
Types of grants and scholarships.mp3
|
So say that those two forms determine that your family can pay $10,000 towards a $60,000 education. Then the school is going to come up with that extra $50,000 to make it possible for you to come. And how they do that – hopefully a good portion of that will be scholarship aid that you will not pay back. Great. And so, just to make sure I understand, you're going to fill out the FAFSA and maybe the profile for some schools. They're going to give some sort of estimation as to what your family can pay, and then the school is going to cover the rest. Right.
|
Types of grants and scholarships.mp3
|
Great. And so, just to make sure I understand, you're going to fill out the FAFSA and maybe the profile for some schools. They're going to give some sort of estimation as to what your family can pay, and then the school is going to cover the rest. Right. And remember that all those two forms do is determine an estimated family contribution. That's all they do. What the schools do with them varies greatly depending on their financial aid policies.
|
Types of grants and scholarships.mp3
|
Right. And remember that all those two forms do is determine an estimated family contribution. That's all they do. What the schools do with them varies greatly depending on their financial aid policies. So again, hopefully – again, if there's a $50,000 need that is still there, the hope is that that will be a school that will give the great majority of that in scholarship aid, which you will not have to repay. Gotcha. And so this is where sort of those need-based scholarships come from.
|
Types of grants and scholarships.mp3
|
What the schools do with them varies greatly depending on their financial aid policies. So again, hopefully – again, if there's a $50,000 need that is still there, the hope is that that will be a school that will give the great majority of that in scholarship aid, which you will not have to repay. Gotcha. And so this is where sort of those need-based scholarships come from. Correct. Once you fill out the FAFSA and it's coming sort of directly from the school – are the schools paying for it? Is that coming from the government as a combination?
|
Types of grants and scholarships.mp3
|
And so this is where sort of those need-based scholarships come from. Correct. Once you fill out the FAFSA and it's coming sort of directly from the school – are the schools paying for it? Is that coming from the government as a combination? Probably a combination. So there are federal funds that are available to students, especially from lower-income backgrounds. So that's sort of like the Pell Grant, the Federal Supplemental Educational Opportunity Grant, things like that?
|
Types of grants and scholarships.mp3
|
Is that coming from the government as a combination? Probably a combination. So there are federal funds that are available to students, especially from lower-income backgrounds. So that's sort of like the Pell Grant, the Federal Supplemental Educational Opportunity Grant, things like that? Correct. And then the schools usually have their own general scholarship fund that they also pull from as well. Great.
|
Deciding when to apply Early vs. regular decision.mp3
|
Sean, one of the big decisions that students face is when to actually apply for college. Can you kind of walk me through how to think about that decision? Sure. So there are basically three different types of applying that students will do. One type of it is in early programs. A second is rolling admission. And the third is just regular admission.
|
Deciding when to apply Early vs. regular decision.mp3
|
So there are basically three different types of applying that students will do. One type of it is in early programs. A second is rolling admission. And the third is just regular admission. Great. And what are sort of, what do each of those mean? What are the differences?
|
Deciding when to apply Early vs. regular decision.mp3
|
And the third is just regular admission. Great. And what are sort of, what do each of those mean? What are the differences? So in the early process, there's typically three different programs that students may want to take advantage of. There's early decision, restrictive early action, and there's also just regular early action. Great.
|
Deciding when to apply Early vs. regular decision.mp3
|
What are the differences? So in the early process, there's typically three different programs that students may want to take advantage of. There's early decision, restrictive early action, and there's also just regular early action. Great. And can you explain what each of those are? So the nice thing is that they generally all use about the same time frame. So generally the time frame is applications due sometime in early November, typically November 1.
|
Deciding when to apply Early vs. regular decision.mp3
|
Great. And can you explain what each of those are? So the nice thing is that they generally all use about the same time frame. So generally the time frame is applications due sometime in early November, typically November 1. And you generally will find out the decision sometime in the middle of December, usually around December 15. But then there are differences between the different programs. So within early decision, that is considered a binding process.
|
Deciding when to apply Early vs. regular decision.mp3
|
So generally the time frame is applications due sometime in early November, typically November 1. And you generally will find out the decision sometime in the middle of December, usually around December 15. But then there are differences between the different programs. So within early decision, that is considered a binding process. So if you apply to the school by November 1 and you're admitted by December 15, the expectation is you're going to attend that school. With restrictive early action and early action, they are both programs that allow students to apply to them, be admitted, but then still make decisions on other schools. So you're not obligated to attend.
|
Deciding when to apply Early vs. regular decision.mp3
|
So within early decision, that is considered a binding process. So if you apply to the school by November 1 and you're admitted by December 15, the expectation is you're going to attend that school. With restrictive early action and early action, they are both programs that allow students to apply to them, be admitted, but then still make decisions on other schools. So you're not obligated to attend. The difference between the two programs is restrictive early action, there are just a handful of schools in this category, but you can only apply to them and other public schools early. You can apply to how many ever you want, regular decision, but only that school and public institutions. Early action programs allow you to apply to as many other schools as you want to.
|
Deciding when to apply Early vs. regular decision.mp3
|
So you're not obligated to attend. The difference between the two programs is restrictive early action, there are just a handful of schools in this category, but you can only apply to them and other public schools early. You can apply to how many ever you want, regular decision, but only that school and public institutions. Early action programs allow you to apply to as many other schools as you want to. There's no restrictions. Great. And so let me make sure I understand.
|
Deciding when to apply Early vs. regular decision.mp3
|
Early action programs allow you to apply to as many other schools as you want to. There's no restrictions. Great. And so let me make sure I understand. So in early decision, if I apply there and I get in, I'm committed and I'm supposed to go. With both of the early action programs, I'm not committed. And so it's just a way to kind of figure out early if I'm in.
|
Deciding when to apply Early vs. regular decision.mp3
|
And so let me make sure I understand. So in early decision, if I apply there and I get in, I'm committed and I'm supposed to go. With both of the early action programs, I'm not committed. And so it's just a way to kind of figure out early if I'm in. The only difference between restrictive versus non-restrictive is the restrictive, I'm not supposed to apply to other private schools early. Whereas in the non-restrictive early action, the standard early action, I can apply to anywhere else early. Pretty much.
|
Deciding when to apply Early vs. regular decision.mp3
|
And so it's just a way to kind of figure out early if I'm in. The only difference between restrictive versus non-restrictive is the restrictive, I'm not supposed to apply to other private schools early. Whereas in the non-restrictive early action, the standard early action, I can apply to anywhere else early. Pretty much. Yep. Great. Makes a lot of sense.
|
Deciding when to apply Early vs. regular decision.mp3
|
Pretty much. Yep. Great. Makes a lot of sense. So Sean, you mentioned rolling. Can you tell me a little bit more about how that works? Sure.
|
Deciding when to apply Early vs. regular decision.mp3
|
Makes a lot of sense. So Sean, you mentioned rolling. Can you tell me a little bit more about how that works? Sure. So rolling programs are used mostly by sort of non-selective or selective schools. And generally within a, say, a four week or five week period, they will typically, if you would get all your material in by a date, four weeks later they will typically have a decision for you. And again, that's good for the school in terms of them starting to create their class.
|
Deciding when to apply Early vs. regular decision.mp3
|
Sure. So rolling programs are used mostly by sort of non-selective or selective schools. And generally within a, say, a four week or five week period, they will typically, if you would get all your material in by a date, four weeks later they will typically have a decision for you. And again, that's good for the school in terms of them starting to create their class. And for you as a student, it may be certainly a school that you're interested in, but it allows you to get information earlier, like, yes, I'm admitted. I already can kind of put that in my yes category and maybe tail the rest of my list based off of that admission. Great.
|
Deciding when to apply Early vs. regular decision.mp3
|
And again, that's good for the school in terms of them starting to create their class. And for you as a student, it may be certainly a school that you're interested in, but it allows you to get information earlier, like, yes, I'm admitted. I already can kind of put that in my yes category and maybe tail the rest of my list based off of that admission. Great. So it sounds like rolling is sort of a great way to get potentially an acceptance early on in the process. It is. And know you're going to college.
|
Deciding when to apply Early vs. regular decision.mp3
|
Great. So it sounds like rolling is sort of a great way to get potentially an acceptance early on in the process. It is. And know you're going to college. Yep. Awesome. And then the final thing you mentioned was regular decision.
|
Deciding when to apply Early vs. regular decision.mp3
|
And know you're going to college. Yep. Awesome. And then the final thing you mentioned was regular decision. I take it that's sort of the standard way that people have applied to college in the past. Right. And again, the time frame varies a little bit, but most regular decisions usually are sometime in January that the application is due, into February, somewhere in there.
|
Deciding when to apply Early vs. regular decision.mp3
|
And then the final thing you mentioned was regular decision. I take it that's sort of the standard way that people have applied to college in the past. Right. And again, the time frame varies a little bit, but most regular decisions usually are sometime in January that the application is due, into February, somewhere in there. And then generally you will find out by mid-March if you've been admitted or not. And again, the great majority of kids that apply to college will use a regular system. You may have heard, you know, you hear a lot about the early processes at these really, really selective schools, but the great majority of kids actually use the regular decision process.
|
Deciding when to apply Early vs. regular decision.mp3
|
And again, the time frame varies a little bit, but most regular decisions usually are sometime in January that the application is due, into February, somewhere in there. And then generally you will find out by mid-March if you've been admitted or not. And again, the great majority of kids that apply to college will use a regular system. You may have heard, you know, you hear a lot about the early processes at these really, really selective schools, but the great majority of kids actually use the regular decision process. Great. Well, that actually kind of brings me to my next question, which is, who should be applying early versus rolling versus regular? And so let's actually start with early and specifically early decision.
|
Deciding when to apply Early vs. regular decision.mp3
|
You may have heard, you know, you hear a lot about the early processes at these really, really selective schools, but the great majority of kids actually use the regular decision process. Great. Well, that actually kind of brings me to my next question, which is, who should be applying early versus rolling versus regular? And so let's actually start with early and specifically early decision. Right. Which students should be applying early decision? So since it's a binding decision you're making, you really have to do a good job of really doing your research and doing your homework and really knowing that that school that you're choosing is your top choice.
|
Deciding when to apply Early vs. regular decision.mp3
|
And so let's actually start with early and specifically early decision. Right. Which students should be applying early decision? So since it's a binding decision you're making, you really have to do a good job of really doing your research and doing your homework and really knowing that that school that you're choosing is your top choice. So again, it's about making sure you go through the research process, maybe visiting, if not visiting, making sure you're on the web and really doing your homework. Especially as a low-income student, you also want to check all of these schools. Every school by law has a financial aid calculator on their website, and that can also help you figure out what your financial aid package may look like, because obviously you don't want to get into a binding situation of the financial aid that you don't think that will work for your family.
|
Deciding when to apply Early vs. regular decision.mp3
|
So since it's a binding decision you're making, you really have to do a good job of really doing your research and doing your homework and really knowing that that school that you're choosing is your top choice. So again, it's about making sure you go through the research process, maybe visiting, if not visiting, making sure you're on the web and really doing your homework. Especially as a low-income student, you also want to check all of these schools. Every school by law has a financial aid calculator on their website, and that can also help you figure out what your financial aid package may look like, because obviously you don't want to get into a binding situation of the financial aid that you don't think that will work for your family. You also want to do your homework and make sure that the financial aid looks like it will work for your family. So if all of that lines up and you know it's your first choice, then that's a great reason to go ahead and try your luck applying early. So why exactly would I do that rather than waiting for the regular decision?
|
Deciding when to apply Early vs. regular decision.mp3
|
Every school by law has a financial aid calculator on their website, and that can also help you figure out what your financial aid package may look like, because obviously you don't want to get into a binding situation of the financial aid that you don't think that will work for your family. You also want to do your homework and make sure that the financial aid looks like it will work for your family. So if all of that lines up and you know it's your first choice, then that's a great reason to go ahead and try your luck applying early. So why exactly would I do that rather than waiting for the regular decision? Will I have a better chance potentially? So a lot of these schools in the early decision process take a higher percentage of kids. And again, it may be an opportunity just for you to say, this is the school I want, I want them to know right up front.
|
Deciding when to apply Early vs. regular decision.mp3
|
So why exactly would I do that rather than waiting for the regular decision? Will I have a better chance potentially? So a lot of these schools in the early decision process take a higher percentage of kids. And again, it may be an opportunity just for you to say, this is the school I want, I want them to know right up front. And if you get in, you're done by December 15th, you're not waiting until March, and you can sort of enjoy the rest of your senior year without worrying about the college piece. So there is a bit of a, in some areas, a strategic advantage to do something early. I will also say in the last three or four years, there still tends to be a lot of money left for students in the early process.
|
Deciding when to apply Early vs. regular decision.mp3
|
And again, it may be an opportunity just for you to say, this is the school I want, I want them to know right up front. And if you get in, you're done by December 15th, you're not waiting until March, and you can sort of enjoy the rest of your senior year without worrying about the college piece. So there is a bit of a, in some areas, a strategic advantage to do something early. I will also say in the last three or four years, there still tends to be a lot of money left for students in the early process. As you get into the regular rounds, sometimes there's not quite as much financial aid left. So in some ways, you may actually have an opportunity to get a little bit more money in an early process. Great.
|
Deciding when to apply Early vs. regular decision.mp3
|
I will also say in the last three or four years, there still tends to be a lot of money left for students in the early process. As you get into the regular rounds, sometimes there's not quite as much financial aid left. So in some ways, you may actually have an opportunity to get a little bit more money in an early process. Great. So let's actually move on to some of the other early options. You mentioned your restrictive early action, early action. In general, given that they're not binding, so the school won't know if you're going to be accepted, going there or not when they accept you, who should be applying early action?
|
Deciding when to apply Early vs. regular decision.mp3
|
Great. So let's actually move on to some of the other early options. You mentioned your restrictive early action, early action. In general, given that they're not binding, so the school won't know if you're going to be accepted, going there or not when they accept you, who should be applying early action? Again, I think it's an opportunity for students on the student side to say, hey, these are schools that I know I'm interested in. If you could find out some information by December saying, yes, I'm admitted to these two, but no, I didn't get into these two, it might help you in terms of how other schools you may want to apply to. Your early action school may be your very top choice school.
|
Deciding when to apply Early vs. regular decision.mp3
|
In general, given that they're not binding, so the school won't know if you're going to be accepted, going there or not when they accept you, who should be applying early action? Again, I think it's an opportunity for students on the student side to say, hey, these are schools that I know I'm interested in. If you could find out some information by December saying, yes, I'm admitted to these two, but no, I didn't get into these two, it might help you in terms of how other schools you may want to apply to. Your early action school may be your very top choice school. And again, if you get in by December 15th, you may be thrilled and be done with the process. It also, for kids who are first generation or low income kids where financial aid is a big issue, it also doesn't lock you in. So you have the opportunity to get into that school, see what the package is, but then apply regular decision and see maybe if you get other packages that are better from other schools.
|
Deciding when to apply Early vs. regular decision.mp3
|
Your early action school may be your very top choice school. And again, if you get in by December 15th, you may be thrilled and be done with the process. It also, for kids who are first generation or low income kids where financial aid is a big issue, it also doesn't lock you in. So you have the opportunity to get into that school, see what the package is, but then apply regular decision and see maybe if you get other packages that are better from other schools. Great. And what about rolling? And I think we talked about this a little bit, just to make sure that I'm clear.
|
Deciding when to apply Early vs. regular decision.mp3
|
So you have the opportunity to get into that school, see what the package is, but then apply regular decision and see maybe if you get other packages that are better from other schools. Great. And what about rolling? And I think we talked about this a little bit, just to make sure that I'm clear. Who should definitely be applying rolling admissions or should at least be considering a rolling admissions school? So a lot of schools, again, that use the rolling process, not all, but a lot, it's an opportunity for you to get your information and application in early. They know you have some interest because you've done it, say, in September, October, November.
|
Deciding when to apply Early vs. regular decision.mp3
|
And I think we talked about this a little bit, just to make sure that I'm clear. Who should definitely be applying rolling admissions or should at least be considering a rolling admissions school? So a lot of schools, again, that use the rolling process, not all, but a lot, it's an opportunity for you to get your information and application in early. They know you have some interest because you've done it, say, in September, October, November. And again, there may be a little bit more money left. And if you wait to the very end of the process, they may be running low on money for financial aid. So there may be an opportunity for you to really have some money available to you.
|
Deciding when to apply Early vs. regular decision.mp3
|
They know you have some interest because you've done it, say, in September, October, November. And again, there may be a little bit more money left. And if you wait to the very end of the process, they may be running low on money for financial aid. So there may be an opportunity for you to really have some money available to you. The other things about all early programs, both rolling and early action, early decision programs, is they're not going to get a chance to look at a lot of your senior year work. So you better be really happy with your freshman, sophomore, and junior year work and have all your testing done that's necessary by those deadlines. Because if you don't, then you may want to wait until you get all of that in place and then apply regular decision.
|
Deciding when to apply Early vs. regular decision.mp3
|
So there may be an opportunity for you to really have some money available to you. The other things about all early programs, both rolling and early action, early decision programs, is they're not going to get a chance to look at a lot of your senior year work. So you better be really happy with your freshman, sophomore, and junior year work and have all your testing done that's necessary by those deadlines. Because if you don't, then you may want to wait until you get all of that in place and then apply regular decision. Okay. So it sounds like both early and rolling, it's really for students who feel good about their freshman through junior year work, who don't feel like they need first semester senior year to show an improvement. Correct.
|
Deciding when to apply Early vs. regular decision.mp3
|
Because if you don't, then you may want to wait until you get all of that in place and then apply regular decision. Okay. So it sounds like both early and rolling, it's really for students who feel good about their freshman through junior year work, who don't feel like they need first semester senior year to show an improvement. Correct. Let me make sure I get that down. And what about regular decision? Who are the people who should definitely just wait for regular decision and put some of these earlier rolling options aside?
|
Deciding when to apply Early vs. regular decision.mp3
|
Correct. Let me make sure I get that down. And what about regular decision? Who are the people who should definitely just wait for regular decision and put some of these earlier rolling options aside? Again, I think if there's, in your research process, if you're not far along in it, you need a lot more time after November 1st to really do all your research, you're not going to be ready to really make a good application to an early decision or an early action or a rolling school. You really need to have done your research and know a little bit about that school to be able to talk in essays and all that sort of thing. So you need to have your work done to really be a good early applicant.
|
Deciding when to apply Early vs. regular decision.mp3
|
Who are the people who should definitely just wait for regular decision and put some of these earlier rolling options aside? Again, I think if there's, in your research process, if you're not far along in it, you need a lot more time after November 1st to really do all your research, you're not going to be ready to really make a good application to an early decision or an early action or a rolling school. You really need to have done your research and know a little bit about that school to be able to talk in essays and all that sort of thing. So you need to have your work done to really be a good early applicant. If not, regular is a much better place for you to be in this process. Again, in general, if you really want to compare financial aid packages across a wide variety of schools, applying regular gives you, again, there's no binding, there's no thing that's going to be holding you down. And again, even though that may not happen in early action, you may not really find any schools that have early action programs that you're really excited about.
|
Deciding when to apply Early vs. regular decision.mp3
|
So you need to have your work done to really be a good early applicant. If not, regular is a much better place for you to be in this process. Again, in general, if you really want to compare financial aid packages across a wide variety of schools, applying regular gives you, again, there's no binding, there's no thing that's going to be holding you down. And again, even though that may not happen in early action, you may not really find any schools that have early action programs that you're really excited about. So it may just be worth waiting until regular decision as well. Okay, great. And let me just make sure I've got it all clear.
|
Deciding when to apply Early vs. regular decision.mp3
|
And again, even though that may not happen in early action, you may not really find any schools that have early action programs that you're really excited about. So it may just be worth waiting until regular decision as well. Okay, great. And let me just make sure I've got it all clear. So with early decision, I apply, it's binding, whatever they give me, I'm going to go. And are there any circumstances where I could get out of that? So there is a circumstance where, again, if it's for financial aid reasons, so say that you did a calculator, it looked like you were going to get a good package, but in actuality there were some things that happened in the financial aid package will not work for your family.
|
Deciding when to apply Early vs. regular decision.mp3
|
And let me just make sure I've got it all clear. So with early decision, I apply, it's binding, whatever they give me, I'm going to go. And are there any circumstances where I could get out of that? So there is a circumstance where, again, if it's for financial aid reasons, so say that you did a calculator, it looked like you were going to get a good package, but in actuality there were some things that happened in the financial aid package will not work for your family. Schools will typically let you out of that decision, but generally then you're out of their pool as well. Okay, so those extenuating circumstances aside, I'm committed with an early decision application, but I get the answer early. And it may increase my chance of getting into a particular school a little bit.
|
Deciding when to apply Early vs. regular decision.mp3
|
So there is a circumstance where, again, if it's for financial aid reasons, so say that you did a calculator, it looked like you were going to get a good package, but in actuality there were some things that happened in the financial aid package will not work for your family. Schools will typically let you out of that decision, but generally then you're out of their pool as well. Okay, so those extenuating circumstances aside, I'm committed with an early decision application, but I get the answer early. And it may increase my chance of getting into a particular school a little bit. Potentially. Potentially. There's early action options where I'm not committed, but I do get the information early.
|
Deciding when to apply Early vs. regular decision.mp3
|
And it may increase my chance of getting into a particular school a little bit. Potentially. Potentially. There's early action options where I'm not committed, but I do get the information early. And again, for schools that kind of give financial aid on a, can run out of financial aid later on in the season, this might give you access to that financial aid earlier on. Potentially. Again, school by school, but potentially.
|
Deciding when to apply Early vs. regular decision.mp3
|
There's early action options where I'm not committed, but I do get the information early. And again, for schools that kind of give financial aid on a, can run out of financial aid later on in the season, this might give you access to that financial aid earlier on. Potentially. Again, school by school, but potentially. Rolling admissions, they're kind of letting you in as you're applying, four to five week turnaround. Again, the earlier you kind of get that in, the better. You get the answer early, and you also may have access to additional financial aid, potentially.
|
End of preview. Expand
in Data Studio
No dataset card yet
- Downloads last month
- 6