There are countless ways to launch the college planning process. Should you lead the way with in-person visits? What about conversations with admissions counselors? Do you gather the insights of alumni from a broad set of institutions? All these options are worthwhile, but a more foundational starting point for your high school-aged children is to investigate different areas of study that match his or her interests.
Students can access a number of complimentary, teen-appropriate career assessments that can serve as a base for their initial career inquiries. Websites managed by Career One Stop, My Majors, and the PA Career Zone offer online instruments that match individuals with careers that traditionally fit their personalities. Keep in mind that these assessments are not always perfect. They are further complicated because young adults’ brain and personality development is varied, often changes, and usually does not fully develop until well into their twenties (Mental Health Daily, 2018). Nonetheless, students should dedicate some of their early high school careers to determining possible majors and careers. Assessments, job shadowing, and industry-specific engagement are essential to aligning with a college that offers the best coursework and credentials in a specific field.
Once you have established a list of possible areas of study, develop the initial college list and thoroughly research each institution
There are a number of variables that play a role in selecting a possible college. In addition to curricula and majors, many families have preferences about the school’s location, size, dormitories, percentage of tenure-track professors, overall safety, and an abundance of other factors. Ranking these criteria is an important step, since most schools will not have everything families desire; the available curricula and majors should be at the top of that list, ideally in congruence to earlier career assessment and job shadowing activities.
After establishing the bulk of your selection criteria, you and your children can utilize online resources to help capture a list of colleges that meet your defined parameters.
Complimentary websites, like Big Future (managed by The College Board) and private resources, like Naviance, allow you to plug in your criteria and find a list of every college that meets your objectives.
You should carefully and thoroughly examine each college on the initial list. First, complete the college’s net price calculator to gain an idea of the cost of attendance. Next, speak with the admissions and enrollment management teams to gauge your initial interest. Survey the admission parameters to see if your students’ grades and standardized test scores align with the school’s required range. Talk to recent alumni who graduated from the intended course of study. Review the research of professors who represent the department under consideration. Analyze the IRS 990 statements for nonprofit colleges to gain a pulse on the school’s economic viability. Visit the school virtually or in person. These activities and many others will help to answer your questions, concerns, and curiosity.
Improve your student profile
Over 600 colleges have decided to make it optional to submit standardized test scores for the admissions process. Some examples include the University of Chicago, Bowdoin College, Bates College, Wake Forest University, Colby College, and the College of the Holy Cross. If students’ grades are significantly more favorable than their ACT/SAT scores, it might make sense to consider applying to one of the schools with this optional policy.
For students who plan to pursue the standardized tests, quality study habits and preparation have proven to improve scores. There are multiple paid tutorial websites that will allow your student to take online versions of the SAT and ACT. The tests are scored, and video answers are available upon completion. Additionally, free sites like Kahn Academy can help students prepare. For most top tier colleges, scoring well on the SAT or ACT is highly regarded during the admission process. The SAT and ACT are interchangeable at most colleges, so your child should complete at least one live version of each and compare the scores on an equivalency chart to determine if the results of one test are more favorable than the other. If there is a measurable difference, he or she may choose to concentrate exclusively on the superior one unless the college requires both.
Which college application timetable is most appropriate to pursue?
There are essentially three different timetable choices when applying to a college: early decision (ED), early action (EA), and traditional application deadlines. There are distinct differences within these options, and you should know both the upsides and the downsides of each.
Over 400 colleges allow applicants to apply through an ED process if they have submitted standardized test scores and all other items early. For many institutions, the submission deadline is set on November 1 of the high school senior year. Accepted students are required to attend the institution.
Students can only apply to one school using the early decision mode, and generally will receive the admission decision from the college sometime in December. When one college collectively stands above the rest and your family is willing to forgo all other acceptances and awards, this application method is worth considering.
Early action incorporates many of the same timetables as early decision, but the student is not bound to attend that particular institution and can apply to multiple schools in this mode. Traditional applications vary by school and many times hold a January 1 or February 1 application deadline. For these traditional cases, admissions will notify the student of either entry or rejection much later than in the early decision and early action processes.
Some parents are concerned about both earlier options because they fear that after gaining acceptance, their students could become overly lax for the remainder of their high school career. At the same time, the ability to gain an early admission response reduces the anxiety that could result from the prolonged wait many traditional applicants endure.
Complete the financial aid forms
October is certainly a pivotal month for parents of high school seniors. This month marks the opening of the financial aid forms, both the Free Application for Federal Student Aid (FAFSA) and the College Scholarship Service Profile (CSS Profile). Families that do not receive any need-based financial aid have argued that the FAFSA and the CSS Profile are not worth the bother. However, since merit-based aid is finite and sometimes requires the completion of the forms, it is helpful to do so. All accredited colleges utilize the FAFSA, while less than 500 colleges request both the FAFSA and the CSS Profile. These forms primarily capture income and asset data to gain a snapshot of your family finances. For more information on college funding considerations, please read Strategies for Funding Higher Education.
Finalize your decision and prepare for the improbable
Families usually complete their school decisions and submit deposits by May 1 of the senior year of high school. At this point, you might review the net cost of attendance based on the final award letter, the transferability of any dual or AP credits, and the school’s success in work or graduate school placement. After the deposit is submitted, it is important to thoroughly examine the college’s first semester bill to spot unneeded health insurance charges or other fees that are not applicable. Lastly, you will want to consider a health care proxy, power of attorney, and Family Education Rights and Privacy Act (FERPA) release in case your student becomes incapacitated before the age of 18.
This article is for informational purposes only and is not intended as an offer or solicitation for the sale of any financial product or service. It is not designed or intended to provide financial, tax, legal, investment, accounting, or other professional advice since such advice always requires consideration of individual circumstances. If professional advice is needed, the services of a professional advisor should be sought. There is no assurance that any investment, financial, or estate planning strategy will be successful. These strategies require consideration for suitability of the individual, business, or investor.
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