Tips for Winning a Scholarship
(Family Features) Winning a scholarship can be as competitive as gaining entrance to the college of your choice. While academic performance, extracurricular activities and character all matter, your success often boils down to discovering scholarships that fit your credentials and properly promoting your accomplishments.
These tips will help you prepare scholarship applications that get you noticed – and could get you some extra cash to help pay for school.
With an organized approach, you could be on your way to winning scholarships that help ease your school debt and set you up for success.
Photo courtesy of Getty Images
(BPT) - What's your goal for 2016? Do you want to lose weight, learn a new skill or quit smoking? Perhaps you've decided to set goals around your career instead. Earning more money or getting promoted are common pursuits, but what if your goal is bigger than just moving up in your current career? What if your goal is to change tracks entirely? What if 2016 were the year you decided to follow your ambition and become a teacher? It's possible, and now's the perfect time to pursue the role you've always wanted. If you're sick of heading to work feeling uninspired and you're ready to embrace the challenges and rewards of teaching, these four steps can help you make a successful career transition into teaching today.
Change your priorities
Many people want to change jobs, but that desire is often overshadowed by concerns about how much money they'll earn, how they'll be seen by family and friends or their fears of trying something new. To change your career, you need to change your priorities. Make pursuing your passion your number one objective and everything else will fall into place.
Seek expert knowledge
If you're going to make a career change, you want to do it right, and that means learning from the best in the business. For example, if you want to teach, the National Council on Teacher Quality ranked Western Governors University's (WGU) secondary teacher prep program as the top program in the nation in terms of quality from a list of 2,400 programs. The school is the top producer of STEM teachers in the nation, making it an ideal destination for STEM professionals interested in inspiring the next generation in these important fields. To be your best you need to learn from the best so focus on what you want to do and start researching who does it better than anyone else.
Knowledge is essential and the right connections will make sure it doesn't go to waste. Connect with existing friends in your desired field or reach out and make new contacts through social media or conferences and join clubs that cater to what you want to do. For aspiring teachers that can include networking with principals and current teachers. Often these connections open up doors for student teaching opportunities which can lead to full-time employment following graduation. Above all, make sure you listen to those you meet instead of pushing your own agenda. Take in more business cards than you give out and you'll build contacts that will help you grow in your new profession.
Have faith in yourself
Changing careers can be nerve-wracking, but it's also exciting. This is your chance to do what you've always wanted to do so don't listen to those who tell you that you can't do it. Have faith in yourself, your research, your education and your decision and you won't regret your decision for a single moment once you're finally in the career you've always wanted.
To learn more about the programs available through WGU, visit WGU.edu.
(BPT) - What do parents of toddlers and parents of high school students have in common? Both worry about paying for college. With the constantly rising costs of higher education, financial aid becomes more important than ever for making the dream of a college education possible. So if you’re interested in receiving financial aid, where should you start?
“The Free Application for Federal Student Aid, or FAFSA, is your gateway to money for college from both the federal and state governments for most colleges and universities,” says Mark Kantrowitz, author of “Filing the FAFSA” and “Secrets to Winning a Scholarship.” “Filing the FAFSA correctly is crucial, as it has a direct effect on how much money you receive from various types of financial aid.”
College Ave Student Loans partnered with Kantrowitz to offer top tips for maximizing your need-based financial aid for college:
1. Save strategically
When it comes to covering the cost of college, financial aid should be at the forefront of your mind, whether you’re ready to file the FAFSA right now or not. It’s best to save money for college in a parent’s name, rather than the student’s, as the FAFSA assesses money in the parent’s name at a much lower rate. Every $10,000 in student assets reduces aid eligibility by $2,000, while every $10,000 in parent assets only reduces eligibility by up to $564.
2. File early
The earlier you file the FAFSA, the better. Right now, you should file the FAFSA as soon as possible on or after Jan. 1, but starting in 2017, you can start as early as Oct. 1. Ten states award aid on a first come, first served basis, and 12 have hard deadlines in February and March. Specific schools can also have specific deadlines, and students who file early may qualify for more aid. So, as a rule of thumb, file the FAFSA in January to maximize your eligibility.
3. Minimize income in the base year
Using income and tax information from a previous year, or base year, the FAFSA calculates the financial strength of your family. Because the formula is heavily weighted on income, it’s a good idea to reduce your income in the base year. If you can, avoid realizing capital gains. If you must sell stocks, bonds or other investments, try to offset capital gains with losses. Taking retirement plan distributions during the base year will also count as income.
4. Reduce reportable assets
Minimize your money in the bank by using it to pay credit card and loan debts. This not only makes good financial planning sense, but may help you qualify for more aid.
5. Maximize the number of children in college at the same time
Something as simple as having more than one child in college can dramatically increase your changes of receiving more financial aid. While you can’t change the ages of your children, you can use this impact on aid eligibility as a deciding factor when determining whether to allow your child to skip a grade.
6. Seek generous and low-cost colleges
There are many generous colleges, including some in the Ivy League, which implement “no loans” financial aid policies. This means they replace loans with grants in the student’s need-based financial aid package. Additionally, in-state public colleges are likely to be your least expensive option, especially after subtracting gift aid, grants and scholarships.
7. Organize your documents and information
Filing the FAFSA is all about the details. Pay attention and stay organized to get the job done right, starting by filing the FAFSA for the correct year and staying on top of deadlines. Make sure to use the right Social Security Number, date or birth, marital status and correct financial information. Follow the instructions and fill out the forms as carefully as possible to get the most accurate results.
Once you receive your financial aid award letter and assess your savings, you’ll have time to consider taking out a loan. If you need it, find a simple option that works for you, such as College Ave Student Loans.
Navigating the world of financial aid can be tricky, so follow these tips to maximize your eligibility and make college a reality. For more information and resources, visit collegeavestudentloans.com.
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