April 2016 Newsletter
Time To Select Your College
Congratulations to all our seniors! College acceptances and financial aid offers have finally arrived and your powerful decision making time is here. YOU get to choose your best academic, social, and financial fit college.
Parents and students sometimes ask: Can I appeal my financial award? “It is important for families to know that this option exists, that there is a process in place where they can appeal, and a financial aid officer has authority to make changes” according to Megan McClean, managing director of policy and federal relations for the National Association of Student Financial Aid Administrators. Read this month’s featured for the steps to make your appeal.
For seniors, being offered a place on the waitlist of your favorite college can be frustrating. What are the chances you’ll be admitted? Check out this month’s senior scoop for “Class of 2020 Waitlist Admission Rates and Notification Dates” statistics from many private and public colleges.
Your next step is to build your college funding plan and map out your financial life. We can help you take your next step on the path to creating a clear college funding plan. Sign up for a workshop or give me a call today!
Westface College Planning
7 Smart Steps to Appeal for More College Financial Aid
And boost your odds of actually getting it.
If you can’t afford your dream college because it didn’t award you enough financial aid, don’t just give up in defeat. You still have time to appeal for an increase in grants or scholarships.
“It is important for families to know that this option exists, that there is a process in place where they can appeal, and a financial aid officer has authority to make changes” to their award, says Megan McClean, managing director of policy and federal relations for the National Association of Student Financial Aid Administrators.
How to Survive Paying for College Workshops & Webinars
Most parents are not financially prepared to enter the most expensive time period of their lives: covering their child’s college education. Our 1-hour workshops provide steps you can take right now to assure you understand the cost of attendance and how you can afford college without jeopardizing your retirement.
Our upcoming events are:
Class of 2020 Waitlist Admission Rates and Notification Dates
For those of you that have been waitlisted at one of your top choices, here’s a list of 2015-16 waitlist statistics for several popular private and public schools, along with notification dates and links for more detail if available.
Our sample of waitlist statistics from 160 private and public institutions paints the following picture:
- On average, 17 percent of students accepting a place on a waitlist were admitted
- 58 percent of the schools admitted 10 percent or less of the students accepting a place on the wait list last year
- 41 percent of the schools admitted 5 percent or less
- 12 percent admitted no one
About Westface College Planning
If you are a typical parent with college bound students, you’re probably overwhelmed by all the research necessary to help your sons and daughters make the right choices and prevent overpaying for their education.
You are not alone!
Get the facts. Educate yourself to potentially save tens of thousands of dollars on a single college education. Parents of more than one child heading to college in the next few years, can save even more.
At Westface College Planning, we work with families to help you plan for and navigate the “paying for college” process. We teach you how to minimize your out-of-pocket expenses, maximize financial aid eligibility, understand the best way to navigate through the college selection process and prioritize your sources of college funds to protect your life savings!
More information at WestfaceCollegePlanning.com.
April 2016 – Issue #54
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