Craig Cody

What is a certified tax coach? “We help our clients keep more of what they make by lowering their tax liability through legal means,” describes our guest Craig Cody. He is a best selling author and certified tax coach that works in all 50 states with his average client saving over $20,000 a year in taxes. Filling out the forms properly is very different from planning your life to get the most back from completing those boxes. Listen to this short episode for all of the tax secrets you can’t miss! Questions Answered Today: Are there tax benefits for paying for college? Yes! Some of the top ones include:  Lifetime Learning credit New Opportunity credit  People with children in school sometimes make too much money and they miss out on these. They didn’t plan and these credits phase out. Some simple planning to perhaps move more money towards retirement can lower you back into the threshold. Most people that file on their own or typical tax accountants would just say, “Sorry, you don’t get the credit,” instead of working to find a way to get the credit. Financial aid is based on your income and assets. There are legal strategies to lower your income by writing off expenses, or maybe restructuring a business/changing your entity, that can be very beneficial to business owners. That’s where Craig Cody comes in- his company is filled with experts to help you with your unique situation to figure out if the benefit is worth the effort. Bottom line: It is complicated and you really need to work with someone that understands both the college side as well as the tax side. Communication is the key! Can I hire my child? Be sure to consult with your advisor to be certain you are doing everything correctly! You can legally hire your child as young as 7 years old (Craig recommends 11 years old) to work on rental properties and start paying them a reasonable compensation. Everything has to be well documented with excellent records (including how much you are going to be paying your child supported with comparable invoices of what a fair market price is), but then the money can be transferred into their own account (again, with documentation) and they can pay for college from there.  As long as they are under 21, their income is not subject to self-employment tax. If you aren’t going to claim them as a dependent, they can file their own tax return and then you are eligible for some of those education credits. Education Assistance Plan: Where you pay your nondependent $5,250 a year which is tax free to the student, but tax deductible to the business. What else should I know? Check with your professional on what is available in your state. It is never too late to start a 529 plan if you are going to have a child in college eventually. Most people just aren’t aware of who or how much they can put into it. Cody also wrote “10 Most Expensive Tax Mistakes that Cost Business Owners Thousands” which includes:  Failing to plan Choosing the wrong entity Missing family employment Missing medical benefit plans Home office Retirement plan Missing Craig’s help  Our listeners can have a FREE copy of this book! Check out the Links And Resources for yours! LINKS AND RESOURCES:  Podcast Episode Index of all our shows! Core Areas Article Scholarship Guide Free copy of “10 Most Expensive Tax Mistakes That Cost Business Owners Thousands” Craig’s Contact Info Email: craig@ccodycpa.com Website: http://www.craigcodyandcompany.com/college/ Skype: CraigCody2742 Twitter: Craigc2742 Facebook: CraigCodyandCompany    BRAD RECOMMENDS: Core Area- Scholarships All families have to talk about scholarships, but not all will pursue or win them. Beginning in the sophomore or junior year of high school, start figuring out how scholarships work and if you are going to pursue them. There are two broad types of scholarships:  Directly from the college you are attending EVERYONE should look at these and go for them!   Private scholarships From outside companies or other sources, including local    Some families will not be very successful at winning these because their child is relatively average and participates with activities/sports at a basic level. Other families could win quite a bit if their child is a great communicator, has strong grades, is very talented in an area/gifted, or deeply involved with something. If your student is going to fill out 40 scholarship applications, first they have to find 40 they qualify for and then do all the application processes. It is a lot of work! The most successful families have mom and dad as part of the process with regularly scheduled meetings where they help keep their child organized and focused. You will have to figure out if this is worth your time. Time might be better spent getting a job and working to earn money and putting that towards college expenses instead. Decide: a lot of scholarships, a handful we are very qualified for, or no scholarships at all. Check out the scholarship guide in the links for great information! Episode 43: How to Help Your Student Win Scholarships! Episode 87: Win Scholarships Even With a Low GPA and Test Scores Episode 96: Using LinkedIn and Other Social Media to Find Scholarships Episode 112: How Kristina Ellis Won Over $500,000 in Free College Money Optional Area- Getting Involved in the Military There are a few ways the military can be part of the college process including:  ROTC (Reserve Officer Training Corp) while in college GI Bill For after the child has served or parents can possibly transfer theirs   Military Academy If it is a right fit for you    Episode 46: Benefits of the GI Bill to Pay for College Episode 42: ROTC Scholarships and Careers Episode 101: Joining Forces with the Military to Cover the Cost of College THANKS FOR JOINING US! We’d like to extend an invitation to our listeners to share their feedback and questions. Contact us to submit a question to our email. If you find our podcasts helpful, please share us on social media and tell your friends! The bottom line is that we care what you think and want to help you out, so we’d appreciate you reviewing us on iTunes or on Stitcher. And even better, receive automatic updates by subscribing to the show on iTunes or Stitcher. The post THCC118 – Understanding College Tax Deductions Interview with Craig Cody, Certified Tax Coach and Author  “Secrets of a Tax Free Life” appeared first on Taming The High Cost of College.

<p>What is a certified tax coach? “We help our clients keep more of what they make by lowering their tax liability through legal means,” describes our guest Craig Cody. He is a best selling author and certified tax coach that works in all 50 states with his average client saving over $20,000 a year in taxes. Filling out the forms properly is very different from planning your life to get the most back from completing those boxes. Listen to this short episode for all of the tax secrets you can’t miss!</p> <h3>Questions Answered Today:</h3> <h3>Are there tax benefits for paying for college?</h3> <p>Yes! Some of the top ones include:</p> <ul> <li>Lifetime Learning credit</li> <li>New Opportunity credit</li> </ul> <p>People with children in school sometimes make too much money and they miss out on these. They didn’t plan and these credits phase out.</p> <p>Some simple planning to perhaps move more money towards retirement can lower you back into the threshold.</p> <p><b>Most people that file on their own or typical tax accountants would just say, “Sorry, you don’t get the credit,” instead of working to find a way to get the credit.</b></p> <p>Financial aid is based on your income and assets.</p> <p>There are legal strategies to lower your income by writing off expenses, or maybe restructuring a business/changing your entity, that can be very beneficial to business owners.</p> <p>That’s where Craig Cody comes in- his company is filled with experts to help you with your unique situation to figure out if the benefit is worth the effort.</p> <p><b>Bottom line: It is complicated and you really need to work with someone that understands both the college side as well as the tax side.</b></p> <p>Communication is the key!</p> <h3>Can I hire my child?</h3> <p><b>Be sure to consult with your advisor to be certain you are doing everything correctly!</b></p> <p>You can legally hire your child as young as 7 years old (Craig recommends 11 years old) to work on rental properties and start paying them a reasonable compensation.</p> <p><b>Everything has to be well documented with excellent records (including how much you are going to be paying your child supported with comparable invoices of what a fair market price is), but then the money can be transferred into their own account (again, with documentation) and they can pay for college from there. </b></p> <p>As long as they are under 21, their income is not subject to self-employment tax.</p> <p>If you aren’t going to claim them as a dependent, they can file their own tax return and then you are eligible for some of those education credits.</p> <p><b>Education Assistance Plan:</b> Where you pay your nondependent $5,250 a year which is tax free to the student, but tax deductible to the business.</p> <h3>What else should I know?</h3> <p>Check with your professional on what is available in your state.</p> <p>It is never too late to start a 529 plan if you are going to have a child in college eventually. Most people just aren’t aware of who or how much they can put into it.</p> <p>Cody also wrote “10 Most Expensive Tax Mistakes that Cost Business Owners Thousands” which includes:</p> <ul> <li>Failing to plan</li> <li>Choosing the wrong entity</li> <li>Missing family employment</li> <li>Missing medical benefit plans</li> <li>Home office</li> <li>Retirement plan</li> <li>Missing Craig’s help</li> </ul> <p>Our listeners can have a FREE copy of this book! Check out the Links And Resources for yours!</p> <h3>LINKS AND RESOURCES:</h3> <ul> <li><a href="https://tamingthehighcostofcollege.com/podcast-index/" rel="nofollow" target="_blank">Podcast Episode Index of all our shows!</a></li> <li><a href="https://tamingthehighcostofcollege.com/core" rel="nofollow" target="_blank">Core Areas Article</a></li> <li><a href="https://tamingthehighcostofcollege.com/scholarship" rel="nofollow" target="_blank">Scholarship Guide</a></li> <li><a href="http://www.craigcodyandcompany.com/college" rel="nofollow" target="_blank">Free copy of “10 Most Expensive Tax Mistakes That Cost Business Owners Thousands”</a></li> <li>Craig’s Contact Info<br><ul> <li>Email: craig@ccodycpa.com</li> <li>Website: <a href="http://www.craigcodyandcompany.com/college/" rel="nofollow" target="_blank">http://www.craigcodyandcompany.com/college/</a></li> <li>Skype: CraigCody2742</li> <li>Twitter: Craigc2742</li> <li>Facebook: CraigCodyandCompany</li> </ul> </li> </ul> <h3>BRAD RECOMMENDS:</h3> <h3>Core Area- Scholarships</h3> <p>All families have to talk about scholarships, but not all will pursue or win them.</p> <p>Beginning in the sophomore or junior year of high school, start figuring out how scholarships work and if you are going to pursue them.</p> <p><b>There are two broad types of scholarships:</b></p> <ul> <li>Directly from the college you are attending<br><ul> <li>EVERYONE should look at these and go for them!</li> </ul> </li> <li>Private scholarships<br><ul> <li>From outside companies or other sources, including local</li> </ul> </li> </ul> <p>Some families will not be very successful at winning these because their child is relatively average and participates with activities/sports at a basic level.</p> <p>Other families could win quite a bit if their child is a great communicator, has strong grades, is very talented in an area/gifted, or deeply involved with something.</p> <p>If your student is going to fill out 40 scholarship applications, first they have to find 40 they qualify for and then do all the application processes. <b>It is a lot of work!</b></p> <p>The most successful families have mom and dad as part of the process with regularly scheduled meetings where they help keep their child organized and focused.</p> <p>You will have to figure out if this is worth your time. Time might be better spent getting a job and working to earn money and putting that towards college expenses instead.</p> <p><b>Decide: a lot of scholarships, a handful we are very qualified for, or no scholarships at all.</b></p> <p>Check out the scholarship guide in the links for great information!</p> <p><a href="https://tamingthehighcostofcollege.com/how-to-help-your-student-win-scholarships/" rel="nofollow" target="_blank">Episode 43: How to Help Your Student Win Scholarships!</a></p> <p><a href="https://tamingthehighcostofcollege.com/win-scholarships-even-with-a-low-gpa-and-test-scores/" rel="nofollow" target="_blank">Episode 87: Win Scholarships Even With a Low GPA and Test Scores</a></p> <p><a href="https://tamingthehighcostofcollege.com/using-linkedin-and-other-social-media-to-find-scholarships/" rel="nofollow" target="_blank">Episode 96: Using LinkedIn and Other Social Media to Find Scholarships</a></p> <p><a href="https://tamingthehighcostofcollege.com/112" rel="nofollow" target="_blank">Episode 112: How Kristina Ellis Won Over $500,000 in Free College Money</a></p> <p><b>Optional Area- Getting Involved in the Military</b></p> <p>There are a few ways the military can be part of the college process including:</p> <ul> <li>ROTC (Reserve Officer Training Corp) while in college</li> <li>GI Bill<br><ul> <li>For after the child has served or parents can possibly transfer theirs</li> </ul> </li> <li>Military Academy<br><ul> <li>If it is a right fit for you</li> </ul> </li> </ul> <p><a href="https://tamingthehighcostofcollege.com/benefits-of-gi-bills-to-pay-for-college/" rel="nofollow" target="_blank">Episode 46: Benefits of the GI Bill to Pay for College</a></p> <p><a href="https://tamingthehighcostofcollege.com/rotc-scholarships-and-careers/" rel="nofollow" target="_blank">Episode 42: ROTC Scholarships and Careers</a></p> <p><a href="https://tamingthehighcostofcollege.com/joining-forces-with-military-to-cover-the-cost-of-college/" rel="nofollow" target="_blank">Episode 101: Joining Forces with the Military to Cover the Cost of College</a></p> <h3>THANKS FOR JOINING US!</h3> <p>We’d like to extend an invitation to our listeners to share their feedback and questions. Contact us to submit a question to our email.</p> <p><b>If you find our podcasts helpful, please share us on social media and tell your friends!</b></p> <p>The bottom line is that we care what you think and want to help you out, so we’d appreciate you reviewing us on iTunes or on Stitcher. And even better, receive automatic updates by subscribing to the show on iTunes or Stitcher.</p> <p>The post <a href="https://tamingthehighcostofcollege.com/understanding-college-tax-deductions/" rel="nofollow" target="_blank">THCC118 – Understanding College Tax Deductions Interview with Craig Cody, Certified Tax Coach and Author  “Secrets of a Tax Free Life”</a> appeared first on <a href="https://tamingthehighcostofcollege.com" rel="nofollow" target="_blank">Taming The High Cost of College</a>.</p>

THCC118 – Understanding College Tax Deductions Interview with Craig Cody, Certified Tax Coach and Author  “Secrets of a Tax Free Life”

Casey Stanton

Speaking today is Chief Marketing Officer Casey Stanton. After the recession of 2008 hit, Stanton was stuck without a job. Using some creativity, salesmanship, and a little luck he was able to find his passion in life through the success of marketing. Using his career achievements, he was even able to land as a professor of marketing at Tulane University where he created and taught several courses. Want to stand out in a sea of homogeneity at a job interview? Stanton has the secrets you need right now!   Questions Answered Today: How can students stand out? “I think the difference between students that do well and don’t do well comes down to a certain sense of flexibility,” describes Stanton. The students that did the best considered:  What they were interested in Implications of what will happen in the next 10 or 20 years How the industry could change Being creative  “Don’t shoot with a shotgun (for a job), but use a sniper rifle,” notes Stanton. Find the specific job you are interested in and tailor everything you can to get there. Appeal to people who have that job by presenting your value and even sending actual mail. Stanton also suggests, “You don’t need a cover letter until you have the job,” because you will be working on building a relationship with people from that company and proving how hard you work. What can parents do if children aren’t really motivated? “You either have results, or you have excuses,” says Stanton. If your student isn’t driven to figure out what their perfect job is, you can’t really help them. You might be able to set up a job for them through your own connections, but if a student has to figure it out for themselves they will work very hard. “There are more 4.0 students in India than America has total students. The competition has never been greater and the odds have never been worse for us,” warns Stanton.  Hard work is the only way to separate yourself. It is also very difficult to choose something if you haven’t seen anything. Students need to be exposed to job possibilities that are out there. There is a new phenomena where jobs can disappear very quickly and be replaced by an app. Millennials are acutely aware that longevity is rare. “Confidence is at an all-time low,” notes Stanton. There is an understandable lack of confidence amongst young people that might need some building up. Young people today need to have their own “personal brand” based on what they can deliver. This should include the referability habits:  Show up on time Do what you say you are going to do Finish what you start Say “please” and “thank you” Develop a level of expertise in something Follow your passion or don’t, but what is the potential you are going to be an expert, make an impact, get paid, and stay employed?    “Have the commitment and courage to stick through and do something and in getting to that result, you develop a sense of confidence from it and a capability that you can then charge for,” stresses Stanton. The most successful of his friends from college put their heads down and did the work to get to the top of wherever they went. You don’t have to choose your path early, while that can certainly help, it just only matters that you stick with it to gain confidence within that profession. What is the Kolbe test? There are 3 major pillars of psychology including mental (IQ), affective (strengths finder or what motivates you), and the way you go about doing things. According to “Managing Oneself”, there are 2 types of people:  listeners (someone who can listen to information and respond) readers (need more time to prepare)  Visit Rocketfuel for a free test on being an innovator or an integrator. Stanton’s favorite test costs $50 and can be found at Kolbe. This will help you learn your cognitive abilities to help know your own strengths, weaknesses, and how to better manage and delegate responsibilities. LINKS AND RESOURCES:  Podcast Episode Index of all our shows! Core Areas Article Scholarship Guide Tech Guys Who Get Marketing “Managing Oneself” by Peter Drucker Rocketfuel Integrator/Innovator assessment Kolbe test Stanton’s Facebook group for the 7 day job challenge   Best for college students including freshmen   Marketing Trade School Casey Stanton’s Website  BRAD RECOMMENDS: Core Area- Family Discussions These can be either informal (in the car or just out of the blue) or formal. The first big conversation should be between mom and dad discussing in detail:  How college should go/you’d like it to go How much you can pay Who is helping the kids Applications Essays Planning visits Choosing careers   Hiring outside help ACT Prep, college admission counselors, someone to help plan finding college money, etc.    Figure this out between the two of you so you don’t give conflicting information to your child. There will also need to be a sit-down/formal meeting in the beginning. This might have to be broken up over more than one day, depending on your student. It is your chance to set clear expectations, who is responsible for what, how you will help, and what you will do on your own. Be careful of how much you promise to spend- finance is an issue and you might not be able to pay everything at a very expensive school. It’s also good to make sure students are responsible for pieces themselves. You’ll know it when you see it when your student is ready to have this talk. Optional Area- Study Abroad This is a viable option for students. It could be just a summer, 1 semester, a whole school year, or more. There are many programs available that differ from college to college. Some have partnerships already set up, and others have certain unique opportunities.  Mom and dad should also talk about this first, explore the cost, and decide if it is something you want to encourage. Ultimately there is a lot to gain from study abroad and it could be quite beneficial for a student if the right fit is found. THANKS FOR JOINING US! We’d like to extend an invitation to our listeners to share their feedback and questions. Contact us to submit a question to our email. If you find our podcasts helpful, please share us on social media and tell your friends! The bottom line is that we care what you think and want to help you out, so we’d appreciate you reviewing us on iTunes or on Stitcher. And even better, receive automatic updates by subscribing to the show on iTunes or Stitcher. The post THCC117 – Choosing a Winning Career Path Interview with Casey Stanton, CMO of Tech Guys Who Get Marketing and Author “Functional Marketing” appeared first on Taming The High Cost of College.

<p>Speaking today is Chief Marketing Officer Casey Stanton. After the recession of 2008 hit, Stanton was stuck without a job. Using some creativity, salesmanship, and a little luck he was able to find his passion in life through the success of marketing. Using his career achievements, he was even able to land as a professor of marketing at Tulane University where he created and taught several courses. Want to stand out in a sea of homogeneity at a job interview? Stanton has the secrets you need right now! <b> </b></p> <h3>Questions Answered Today:</h3> <h3>How can students stand out?</h3> <p><b>“I think the difference between students that do well and don’t do well comes down to a certain sense of flexibility,” describes Stanton.</b></p> <p>The students that did the best considered:</p> <ul> <li>What they were interested in</li> <li>Implications of what will happen in the next 10 or 20 years</li> <li>How the industry could change</li> <li>Being creative</li> </ul> <p>“Don’t shoot with a shotgun (for a job), but use a sniper rifle,” notes Stanton.</p> <p>Find the specific job you are interested in and tailor everything you can to get there. Appeal to people who have that job by presenting your value and even sending actual mail.</p> <p>Stanton also suggests, “You don’t need a cover letter until you have the job,” because you will be working on building a relationship with people from that company and proving how hard you work.</p> <h3>What can parents do if children aren’t really motivated?</h3> <p>“You either have results, or you have excuses,” says Stanton. If your student isn’t driven to figure out what their perfect job is, you can’t really help them. You might be able to set up a job for them through your own connections, but if a student has to figure it out for themselves they will work very hard.</p> <p><b>“There are more 4.0 students in India than America has </b><b>total</b><b> students. The competition has never been greater and the odds have never been worse for us,” warns Stanton. </b></p> <p>Hard work is the only way to separate yourself.</p> <p>It is also very difficult to choose something if you haven’t seen anything. Students need to be exposed to job possibilities that are out there.</p> <p>There is a new phenomena where jobs can disappear very quickly and be replaced by an app. Millennials are acutely aware that longevity is rare.</p> <p><b>“Confidence is at an all-time low,” notes Stanton. </b>There is an understandable lack of confidence amongst young people that might need some building up.</p> <p>Young people today need to have their own “personal brand” based on what they can deliver. This should include the referability habits:</p> <ul> <li>Show up on time</li> <li>Do what you say you are going to do</li> <li>Finish what you start</li> <li>Say “please” and “thank you”</li> <li>Develop a level of expertise in something<br><ul> <li>Follow your passion or don’t, but what is the potential you are going to be an expert, make an impact, get paid, and stay employed?</li> </ul> </li> </ul> <p><b>“Have the commitment and courage to stick through and do something and in getting to that result, you develop a sense of confidence from it and a capability that you can then charge for,” stresses Stanton.</b></p> <p>The most successful of his friends from college put their heads down and did the work to get to the top of wherever they went.</p> <p>You don’t have to choose your path early, while that can certainly help, it just only matters that you stick with it to gain confidence within that profession.</p> <h3>What is the Kolbe test?</h3> <p>There are 3 major pillars of psychology including mental (IQ), affective (strengths finder or what motivates you), and the way you go about doing things.</p> <p>According to “Managing Oneself”, there are 2 types of people:</p> <ul> <li>listeners (someone who can listen to information and respond)</li> <li>readers (need more time to prepare)</li> </ul> <p>Visit Rocketfuel for a free test on being an innovator or an integrator.</p> <p>Stanton’s favorite test costs $50 and can be found at Kolbe. This will help you learn your cognitive abilities to help know your own strengths, weaknesses, and how to better manage and delegate responsibilities.</p> <h3>LINKS AND RESOURCES:</h3> <ul> <li><a href="https://tamingthehighcostofcollege.com/podcast-index/" rel="nofollow" target="_blank">Podcast Episode Index of all our shows!</a></li> <li><a href="https://tamingthehighcostofcollege.com/core" rel="nofollow" target="_blank">Core Areas Article</a></li> <li><a href="https://tamingthehighcostofcollege.com/scholarship" rel="nofollow" target="_blank">Scholarship Guide</a></li> <li><a href="http://www.techguyswhogetmarketing.com/" rel="nofollow" target="_blank">Tech Guys Who Get Marketing</a></li> <li><a href="https://www.amazon.com/Managing-Oneself-Peter-F-Drucker/dp/163369304X/ref=pd_sbs_14_t_1?_encoding=UTF8&amp;psc=1&amp;refRID=9X6FZH3WVW4T37FRSN0K" rel="nofollow" target="_blank">“Managing Oneself” by Peter Drucker</a></li> <li><a href="http://blastoff.rocketfuelnow.com/quiz/" rel="nofollow" target="_blank">Rocketfuel Integrator/Innovator assessment</a></li> <li><a href="http://kolbe.com/" rel="nofollow" target="_blank">Kolbe test</a></li> <li><a href="https://caseystanton.com/7-day-challenge" rel="nofollow" target="_blank">Stanton’s Facebook group for the 7 day job challenge </a> <ul> <li>Best for college students including freshmen</li> </ul> </li> <li><a href="https://caseystanton.com/?s=marketing+trade+school" rel="nofollow" target="_blank">Marketing Trade School</a></li> <li><a href="https://caseystanton.com" rel="nofollow" target="_blank">Casey Stanton’s Website</a></li> </ul> <h3>BRAD RECOMMENDS:</h3> <h3>Core Area- Family Discussions</h3> <p>These can be either informal (in the car or just out of the blue) or formal.</p> <p><b>The first big conversation should be between mom and dad discussing in detail:</b></p> <ul> <li>How college should go/you’d like it to go</li> <li>How much you can pay</li> <li>Who is helping the kids<br><ul> <li>Applications</li> <li>Essays</li> <li>Planning visits</li> <li>Choosing careers</li> </ul> </li> <li>Hiring outside help<br><ul> <li>ACT Prep, college admission counselors, someone to help plan finding college money, etc.</li> </ul> </li> </ul> <p>Figure this out between the two of you so you don’t give conflicting information to your child.</p> <p>There will also need to be a sit-down/formal meeting in the beginning. This might have to be broken up over more than one day, depending on your student. It is your chance to set clear expectations, who is responsible for what, how you will help, and what you will do on your own.</p> <p><b>Be careful of how much you promise to spend- finance is an issue and you might not be able to pay everything at a very expensive school.</b></p> <p>It’s also good to make sure students are responsible for pieces themselves. You’ll know it when you see it when your student is ready to have this talk.</p> <h3>Optional Area- Study Abroad</h3> <p>This is a viable option for students. It could be just a summer, 1 semester, a whole school year, or more.</p> <p><b>There are many programs available that differ from college to college. Some have partnerships already set up, and others have certain unique opportunities. </b></p> <p>Mom and dad should also talk about this first, explore the cost, and decide if it is something you want to encourage.</p> <p>Ultimately there is a lot to gain from study abroad and it could be quite beneficial for a student if the right fit is found.</p> <h3>THANKS FOR JOINING US!</h3> <p>We’d like to extend an invitation to our listeners to share their feedback and questions. Contact us to submit a question to our email.</p> <p><b>If you find our podcasts helpful, please share us on social media and tell your friends!</b></p> <p>The bottom line is that we care what you think and want to help you out, so we’d appreciate you reviewing us on iTunes or on Stitcher. And even better, receive automatic updates by subscribing to the show on iTunes or Stitcher.</p> <p>The post <a href="https://tamingthehighcostofcollege.com/choosing-a-winning-career-path/" rel="nofollow" target="_blank">THCC117 – Choosing a Winning Career Path Interview with Casey Stanton, CMO of Tech Guys Who Get Marketing and Author “Functional Marketing”</a> appeared first on <a href="https://tamingthehighcostofcollege.com" rel="nofollow" target="_blank">Taming The High Cost of College</a>.</p>

THCC117 – Choosing a Winning Career Path Interview with Casey Stanton, CMO of Tech Guys Who Get Marketing and Author “Functional Marketing”

Debbi King

“Personal finance is about 10% math and 90% emotion,” describes our guest today and money expert Debbi King. After ending up in bankruptcy, she finally got debt-free and decided nobody else should ever have to go through what happened to her. Using her accounting degree and education degree she became a coach and author to help everyone succeed financially.  Questions Answered Today:What is your perspective on parents planning for college?“Sadly I see a lot of stress and non-preparation,” laments King. Parents often have their own struggles and aren’t able to just write a check to pay for college.College should not be a given! Children need to find out what their passion is and then decide if college is the right path to reach that dream.To a certain generation, college seems mandatory. It really isn’t anymore.King suggests asking, “What would I do if I could do it for free?” Use job shadowing and other ways for kids to explore what they think they are interested in. Once they find what their passion is, they need to plan how to achieve it.What is your recommendation when parents feel like they are coming up short?“A lot of parents feel guilty and that it is their job to send their kids to college. It isn’t,” says King. It is very important that you don’t ruin your own financial future. Students have a lot more financial options.Together, you can both work and pay for as much as you can of their educational expenses.Consider going to community college for the first 2 years and then transferring.Scholarships are critical if you need to attend a university. Even awards of $100 will add up quickly. Be sure to let your adult student take responsibility and lead the charge for tackling their college expenses.How can you pay down debt?It has to be your #1 goal to pay down debt quickly. King recommends: Do not wait! Pay it down even while you are still in school  Get a summer job and put that towards your loan   Make it a priority to pay it off  Pay this off before buying a car or any other large expense Lower every budget item you can and get rid of that loan  Live with parents, get a roommate, anything you can do   Interest accumulates fast, so be sure to pay off that debt as quickly as possible to avoid having to pay more in the long run   “You don’t want that debt looming over you,” stresses King. If you only pay minimum payments, you could have that debt for 20 years.What does the financial conversation with your child look like?King has a few tips on how to have that awkward financial conversation about college with your child:   Just casually drop pieces of the conversation in relaxed settings such as driving in the car, at the mall, or on vacation. Whoever can get through without the child putting their guard up is the one to start the conversation. You have to know your family dynamic. Be honest and upfront. Know what you can do and be frank.  Be certain you and your spouse are clear with each other first about what you can do while still taking care of your own financial future.   Kids don’t really understand money until they have their own experience.  King’s daughter got a job at 16 and could figure out how many hours she would have to work in order to buy something and that made money make more sense.      Senior year of high school is too late! “You can start as early as sophomore, but really ramp it up during junior year,” notes King. Money is an area that is still very taboo and private for most people. King’s book “The ABC’s of Personal Finance” is very user friendly and explains everything you need to know to be in command of your own finances from A-Z.LINKS AND RESOURCES: Podcast Episode Index of all our shows! Core Areas Article The ABC’s of Personal Finance Debbi King’s Website On Facebook and Twitter @DebbiKing BRAD RECOMMENDS:Core Area- True Price of CollegeIn order to estimate how much college will actually cost, families have to figure out: Need-based aid Merit-based aid Scholarships/awards at the college Outside scholarships/awards This will give you what college might actually cost. From there, you have to create a budget of how much to save and what you will need to spend.Optional Area- Rental PropertyA rental property is generally considered an asset.For example: If you have a 4 family rental worth $400,000 and a mortgage for $300,000 you will use the net value ($100,000) on your financial aid forms.You can also deduct fix-up costs, realtor fees, and taxes to determine the actual check you would get at closing then use this number (say, $40,000) on your financial aid form.A rental property is also something you can use to employ your children. If you have your child go and help clean the place every once and awhile, parents can claim that deduction as an expense and students can claim that as income. They might not make enough money to pay taxes and can then save that for college.THANKS FOR JOINING US!We’d like to extend an invitation to our listeners to share their feedback and questions. Contact us to submit a question to our email.If you find our podcasts helpful, please share us on social media and tell your friends!The bottom line is that we care what you think and want to help you out, so we’d appreciate you reviewing us on iTunes or on Stitcher. And even better, receive automatic updates by subscribing to the show on iTunes or Stitcher.The post THCC116 – Making College Finance Decisions Interview with Debbi King, Author “The ABC’s of Personal Finance” appeared first on Taming The High Cost of College.

<p><b>“Personal finance is about 10% math and 90% emotion,” describes our guest today and money expert Debbi King. </b>After ending up in bankruptcy, she finally got debt-free and decided nobody else should ever have to go through what happened to her. Using her accounting degree and education degree she became a coach and author to help everyone succeed financially. <b> </b></p><h3>Questions Answered Today:</h3><h3>What is your perspective on parents planning for college?</h3><p><b>“Sadly I see a lot of stress and non-preparation,” laments King. </b><br/>Parents often have their own struggles and aren’t able to just write a check to pay for college.<br/><b>College should not be a given! Children need to find out what their passion is and then decide if college is the right path to reach that dream.</b><br/>To a certain generation, college seems mandatory. It really isn’t anymore.<br/><b>King suggests asking, “What would I do if I could do it for free?” </b>Use job shadowing and other ways for kids to explore what they think they are interested in. Once they find what their passion is, they need to plan how to achieve it.</p><h3>What is your recommendation when parents feel like they are coming up short?</h3><p>“A lot of parents feel guilty and that it is their job to send their kids to college. It isn’t,” says King. <b>It is very important that you don’t ruin your own financial future. </b>Students have a lot more financial options.<br/>Together, you can both work and pay for as much as you can of their educational expenses.<br/>Consider going to community college for the first 2 years and then transferring.<br/><b>Scholarships are critical if you need to attend a university.</b> Even awards of $100 will add up quickly. Be sure to let your adult student take responsibility and lead the charge for tackling their college expenses.</p><h3>How can you pay down debt?</h3><p><b>It has to be your #1 goal to pay down debt quickly. King recommends:</b></p><ul> <li>Do not wait! Pay it down even while you are still in school <ul> <li>Get a summer job and put that towards your loan</li> </ul> </li> <li>Make it a priority to pay it off <ul> <li>Pay this off before buying a car or any other large expense</li> <li>Lower every budget item you can and get rid of that loan <ul> <li>Live with parents, get a roommate, anything you can do</li> </ul> </li> <li>Interest accumulates fast, so be sure to pay off that debt as quickly as possible to avoid having to pay more in the long run</li> </ul> </li> </ul><p><b>“You don’t want that debt looming over you,” stresses King. If you only pay minimum payments, you could have that debt for 20 years.</b></p><h3>What does the financial conversation with your child look like?</h3><p>King has a few tips on how to have that awkward financial conversation about college with your child:</p><ul> <li> <ul> <li>Just casually drop pieces of the conversation in relaxed settings such as driving in the car, at the mall, or on vacation.</li> <li>Whoever can get through without the child putting their guard up is the one to start the conversation. You have to know your family dynamic.</li> <li>Be honest and upfront. Know what you can do and be frank. <ul> <li>Be certain you and your spouse are clear with each other first about what you can do while still taking care of your own financial future.</li> </ul> </li> <li>Kids don’t really understand money until they have their own experience. <ul> <li>King’s daughter got a job at 16 and could figure out how many hours she would have to work in order to buy something and that made money make more sense.</li> </ul> </li> </ul> </li> </ul><ul> <li><b>Senior year of high school is too late! “You can start as early as sophomore, but really ramp it up during junior year,” notes King.</b></li> </ul><p>Money is an area that is still very taboo and private for most people. King’s book “The ABC’s of Personal Finance” is very user friendly and explains everything you need to know to be in command of your own finances from A-Z.</p><h3>LINKS AND RESOURCES:</h3><ul> <li><a href="https://tamingthehighcostofcollege.com/podcast-index/" rel="nofollow" target="_blank">Podcast Episode Index of all our shows!</a></li> <li><a href="https://tamingthehighcostofcollege.com/core" rel="nofollow" target="_blank">Core Areas Article</a></li> <li><a href="https://www.amazon.com/The-ABCs-Personal-Finance-Essential/dp/1500471321/ref=tmm_pap_title_0?ie=UTF8&amp;qid=1411572437&amp;sr=1-1" rel="nofollow" target="_blank">The ABC’s of Personal Finance</a></li> <li><a href="http://www.debbiking.com/" rel="nofollow" target="_blank">Debbi King’s Website</a></li> <li>On Facebook and Twitter @DebbiKing</li> </ul><h3>BRAD RECOMMENDS:</h3><p><b>Core Area- True Price of College</b><br/>In order to estimate how much college will actually cost, families have to figure out:</p><ul> <li>Need-based aid</li> <li>Merit-based aid</li> <li>Scholarships/awards at the college</li> <li>Outside scholarships/awards</li> </ul><p><b>This will give you what college might actually cost. </b>From there, you have to create a budget of how much to save and what you will need to spend.<br/><b>Optional Area- Rental Property</b><br/>A rental property is generally considered an asset.<br/><b>For example: If you have a 4 family rental worth $400,000 and a mortgage for $300,000 you will use the net value ($100,000) on your financial aid forms.</b><br/>You can also deduct fix-up costs, realtor fees, and taxes to determine the actual check you would get at closing then use this number (say, $40,000) on your financial aid form.<br/><b>A rental property is also something you can use to employ your children. </b>If you have your child go and help clean the place every once and awhile, parents can claim that deduction as an expense and students can claim that as income. They might not make enough money to pay taxes and can then save that for college.</p><h3>THANKS FOR JOINING US!</h3><p>We’d like to extend an invitation to our listeners to share their feedback and questions. Contact us to submit a question to our email.<br/><b>If you find our podcasts helpful, please share us on social media and tell your friends!</b><br/>The bottom line is that we care what you think and want to help you out, so we’d appreciate you reviewing us on iTunes or on Stitcher. And even better, receive automatic updates by subscribing to the show on iTunes or Stitcher.</p><p></p><p>The post <a href="https://tamingthehighcostofcollege.com/making-college-finance-decisions/" rel="nofollow" target="_blank">THCC116 – Making College Finance Decisions Interview with Debbi King, Author “The ABC’s of Personal Finance”</a> appeared first on <a href="https://tamingthehighcostofcollege.com" rel="nofollow" target="_blank">Taming The High Cost of College</a>.</p>

THCC116 – Making College Finance Decisions Interview with Debbi King, Author “The ABC’s of Personal Finance”

Toinette McClellan Gunn

Chicago Scholars has the goal of finding students in the Chicago area that want to go to college, but might need some additional support. Even if you are not in Chicago, tune in to this episode with Dr. Toinette Gunn to understand how these programs work! There is support out there ready and waiting to help you guide your student through the college process.   Questions Answered Today: What is Chicago Scholars? “I’ve been in the college access or readiness space for over 15 years,” shares Dr. Gunn. She is a first-generation college student that didn’t have a lot of guidance or family support. Education broke the poverty cycle of her family and she is very passionate about working to help other students to change their own futures. Chicago Scholars began in 1996. It is a nonprofit organization with the largest college access and success program in Chicago. “We help students get to and through college. It is about helping these young people transition into careers and roles of leadership,” notes Dr. Gunn. Some examples of the types of things they do include:  Working with students and parents  Parents are involved from the very beginning establishing a partnership to achieve the common goal of the student earning their degree.   College access  Lecture lab about the college process   Individual counseling about college Workshops Mentors  Help through the application process    The programs begin June of the summer before the senior year of high school. Beginning in October of their senior year, these students have already applied to about 5 colleges on average. Once a student is enrolled in college, there is a college success team available to offer multiple types of support as well as workshops around careers, leadership, and identity/self-advocacy for resources on campus. “Students have to be proactive and initiate,” describes Dr. Gunn. Students are also strongly encouraged to get involved with campus life. Research suggests that a student who feels more connected and is involved with their campuses, or feels part of the community at a college, is more likely to persist and graduate.  How do I find something similar in my town? There are over 30 organizations that are partnered with Chicago Scholars in Chicagoland. If you don’t live in Chicago, you should ask your high school counselor or look on the internet for:  College access programs College support programs College readiness programs College preparation programs The National Association for College Admission Counseling is a great website for more resources!  Dr. Gunn also suggests to start with an individual education counselor if you can afford the fee. What are the important factors students and parents need to consider when applying to a college? “First and foremost do your research,” warns Dr. Gunn. This includes:    Complete an academic profile (SAT/ACT test scores and GPA) and make sure it helps guide the institutions you are applying to.  Collegeboard College Greenlight Other platforms are available also       Even if you are a little under the average of a school, if you really want to go there you should still apply and highlight your compelling story via the essays/personal statement.   College selectivity rating  Colleges that are more selective have higher graduation rates.   Graduation rates  Especially if you are an underrepresented minority.   Supportive services available on campus Area of study  If your major is available or not   Financial Aid  Average awarded   FIT!  Does this college fit for this student? You have to visit the campus in order to properly be informed about the fit of a school. Parents and ultimately students will craft their personal definition of what a “just right fit” will be.   Financial Socio-emotional Culturally Geographically  “Colleges have personalities and students have personalities,” advises Dr. Gunn. So be sure to check out your finalist campuses you want to apply to in order to confirm your student can see themselves spending the next 4 or 5 years there. Begin with your local state schools or nearby community schools. Visits look different for freshmen/sophomore or junior/senior. Upperclassmen can:  Sit in on lectures Meet with professors or advisors Student shadowing  There are lots of good fit schools out there for students. If one doesn’t work out, there is another one that is still a good path. Dr. Gunn adds, “That is why you need to apply to multiple schools, so you aren’t putting all your eggs in one basket.” LINKS AND RESOURCES:  Podcast Episode Index of all our shows! Core Areas Article Chicago Scholars The National Association for College Admission Counseling Collegeboard College Greenlight  BRAD RECOMMENDS: Core Area- Career Planning Career planning means: What does your student want to be when they grow up? There are a few ways to help your student pick a direction if you do not want them to go off to college undecided:  Local High School Tech College Community College Job Shadowing Volunteering Websites  Career assessments Before you pay for anything, check with your high school to see what they already have a subscription to.    Career planning is something that students, and/or parents, will have to work on to help make choosing a college easier. Optional Area- Athletics Check out these episodes: 111: The Reality of Athletic Recruiting, A Talk with NCSA with Lisa Strasman 76: Get Recruited! Understanding College Athletics with Jon Fugler If your student is interested in playing sports in college, that is an additional challenge you will need to prepare for. You will have to find a college where the coach is interested in your student. Will you attend a school even if you can’t play your sport there? You will have to start earlier, perhaps your freshman year of high school, talking to coaches, setting up visits, creating film, and attending camps. THANKS FOR JOINING US! We’d like to extend an invitation to our listeners to share their feedback and questions. Contact us to submit a question to our email. If you find our podcasts helpful, please share us on social media and tell your friends! The bottom line is that we care what you think and want to help you out, so we’d appreciate you reviewing us on iTunes or on Stitcher. And even better, receive automatic updates by subscribing to the show on iTunes or Stitcher. The post THCC115- Getting Additional Support Beyond Your High School- Outside Agencies That Provide College Support Interview with Dr. Toinette McClellan Gunn, VP of Programs at Chicago Scholars appeared first on Taming The High Cost of College.

<p>Chicago Scholars has the goal of finding students in the Chicago area that want to go to college, but might need some additional support. <b>Even if you are not in Chicago, tune in to this episode with Dr. Toinette Gunn to understand how these programs work! </b>There is support out there ready and waiting to help you guide your student through the college process. <b> </b></p> <h3>Questions Answered Today:</h3> <h3>What is Chicago Scholars?</h3> <p>“I’ve been in the college access or readiness space for over 15 years,” shares Dr. Gunn. She is a first-generation college student that didn’t have a lot of guidance or family support.<br/> Education broke the poverty cycle of her family and she is very passionate about working to help other students to change their own futures.<br/> Chicago Scholars began in 1996. It is a nonprofit organization with the largest college access and success program in Chicago. “We help students get to and through college. It is about helping these young people transition into careers and roles of leadership,” notes Dr. Gunn.<br/> Some examples of the types of things they do include:</p> <ul> <li>Working with students and parents <ul> <li>Parents are involved from the very beginning establishing a partnership to achieve the common goal of the student earning their degree.</li> </ul> </li> <li>College access <ul> <li>Lecture lab about the college process</li> </ul> </li> <li>Individual counseling about college</li> <li>Workshops</li> <li>Mentors <ul> <li>Help through the application process</li> </ul> </li> </ul> <p>The programs begin June of the summer before the senior year of high school. Beginning in October of their senior year, these students have already applied to about 5 colleges on average.<br/> Once a student is enrolled in college, there is a college success team available to offer multiple types of support as well as workshops around careers, leadership, and identity/self-advocacy for resources on campus. “Students have to be proactive and initiate,” describes Dr. Gunn.<br/> Students are also strongly encouraged to get involved with campus life. <b>Research suggests that a student who feels more connected and is involved with their campuses, or feels part of the community at a college, is more likely to persist and graduate. </b></p> <h3>How do I find something similar in my town?</h3> <p>There are over 30 organizations that are partnered with Chicago Scholars in Chicagoland.<br/> If you don’t live in Chicago, you should ask your high school counselor or look on the internet for:</p> <ul> <li>College access programs</li> <li>College support programs</li> <li>College readiness programs</li> <li>College preparation programs</li> <li><a href="https://www.nacacnet.org/" rel="nofollow" target="_blank">The National Association for College Admission Counseling</a> is a great website for more resources!</li> </ul> <p>Dr. Gunn also suggests to start with an individual education counselor if you can afford the fee.</p> <h3>What are the important factors students and parents need to consider when applying to a college?</h3> <p><b>“First and foremost do your research,” warns Dr. Gunn. This includes:</b></p> <ul> <li> <ul> <li>Complete an academic profile (SAT/ACT test scores and GPA) and make sure it helps guide the institutions you are applying to. <ul> <li><a href="https://www.collegeboard.org/" rel="nofollow" target="_blank">Collegeboard</a></li> <li><a href="https://www.collegegreenlight.com/" rel="nofollow" target="_blank">College Greenlight</a></li> <li>Other platforms are available also</li> </ul> </li> </ul> </li> </ul> <ul> <li><b>Even if you are a little under the average of a school, if you really want to go there you should still apply and highlight your compelling story via the essays/personal statement.</b></li> </ul> <ul> <li>College selectivity rating <ul> <li>Colleges that are more selective have higher graduation rates.</li> </ul> </li> <li>Graduation rates <ul> <li>Especially if you are an underrepresented minority.</li> </ul> </li> <li>Supportive services available on campus</li> <li>Area of study <ul> <li>If your major is available or not</li> </ul> </li> <li>Financial Aid <ul> <li>Average awarded</li> </ul> </li> <li>FIT! <ul> <li>Does this college fit for this student?</li> <li>You have to visit the campus in order to properly be informed about the fit of a school.</li> <li>Parents and ultimately students will craft their personal definition of what a “just right fit” will be.</li> </ul> </li> <li>Financial</li> <li>Socio-emotional</li> <li>Culturally</li> <li>Geographically</li> </ul> <p><b>“Colleges have personalities and students have personalities,” advises Dr. Gunn. So be sure to check out your finalist campuses you want to apply to in order to confirm your student can see themselves spending the next 4 or 5 years there.</b><br/> Begin with your local state schools or nearby community schools. Visits look different for freshmen/sophomore or junior/senior. Upperclassmen can:</p> <ul> <li>Sit in on lectures</li> <li>Meet with professors or advisors</li> <li>Student shadowing</li> </ul> <p>There are lots of good fit schools out there for students. If one doesn’t work out, there is another one that is still a good path. <b>Dr. Gunn adds, “That is why you need to apply to multiple schools, so you aren’t putting all your eggs in one basket.”</b></p> <h3>LINKS AND RESOURCES:</h3> <ul> <li><a href="https://tamingthehighcostofcollege.com/podcast-index/" rel="nofollow" target="_blank">Podcast Episode Index of all our shows!</a></li> <li><a href="https://tamingthehighcostofcollege.com/core" rel="nofollow" target="_blank">Core Areas Article</a></li> <li><a href="https://www.chicagoscholars.org/" rel="nofollow" target="_blank">Chicago Scholars</a></li> <li><a href="https://www.nacacnet.org/" rel="nofollow" target="_blank">The National Association for College Admission Counseling</a></li> <li><a href="https://www.collegeboard.org/" rel="nofollow" target="_blank">Collegeboard</a></li> <li><a href="https://www.collegegreenlight.com/" rel="nofollow" target="_blank">College Greenlight</a></li> </ul> <h3>BRAD RECOMMENDS:</h3> <p><b>Core Area- Career Planning</b><br/> <b>Career planning means: What does your student want to be when they grow up?</b><br/> There are a few ways to help your student pick a direction if you do not want them to go off to college undecided:</p> <ul> <li>Local High School</li> <li>Tech College</li> <li>Community College</li> <li>Job Shadowing</li> <li>Volunteering</li> <li>Websites <ul> <li>Career assessments</li> <li>Before you pay for anything, check with your high school to see what they already have a subscription to.</li> </ul> </li> </ul> <p><b>Career planning is something that students, and/or parents, will have to work on to help make choosing a college easier.</b><br/> <b>Optional Area- Athletics</b><br/> Check out these episodes:<br/> <a href="https://tamingthehighcostofcollege.com/111" rel="nofollow" target="_blank">111: The Reality of Athletic Recruiting, A Talk with NCSA with Lisa Strasman</a><br/> <a href="https://tamingthehighcostofcollege.com/get-recruited-understanding-college-athletics/" rel="nofollow" target="_blank">76: Get Recruited! Understanding College Athletics with Jon Fugler</a><br/> If your student is interested in playing sports in college, that is an additional challenge you will need to prepare for.<br/> You will have to find a college where the coach is interested in your student.<br/> Will you attend a school even if you can’t play your sport there?<br/> <b>You will have to start earlier, perhaps your freshman year of high school, talking to coaches, setting up visits, creating film, and attending camps.</b></p> <h3>THANKS FOR JOINING US!</h3> <p>We’d like to extend an invitation to our listeners to share their feedback and questions. Contact us to submit a question to our email.<br/> <b>If you find our podcasts helpful, please share us on social media and tell your friends!</b><br/> The bottom line is that we care what you think and want to help you out, so we’d appreciate you reviewing us on iTunes or on Stitcher. And even better, receive automatic updates by subscribing to the show on iTunes or Stitcher.</p> <p>The post <a href="https://tamingthehighcostofcollege.com/getting-additional-support-beyond-your-high-school/" rel="nofollow" target="_blank">THCC115- Getting Additional Support Beyond Your High School- Outside Agencies That Provide College Support Interview with Dr. Toinette McClellan Gunn, VP of Programs at Chicago Scholars</a> appeared first on <a href="https://tamingthehighcostofcollege.com" rel="nofollow" target="_blank">Taming The High Cost of College</a>.</p>

THCC115- Getting Additional Support Beyond Your High School- Outside Agencies That Provide College Support Interview with Dr. Toinette McClellan Gunn, VP of Programs at Chicago Scholars

Eric Liguori

“Entrepreneurship is one of the fastest growing majors on college campuses around the country,” shares our guest today Eric Liguori. He is the author of “The Startup Student” and an expert in the growing field of entrepreneurship. Hear what he has to say about building a better business and controlling your own destiny in this episode.   Questions Answered Today: What is college entrepreneurship? “On any campus you visit right now you are going to see students starting and running their own businesses,” states Liguori. Luckily, there are now resources in place to support this at most universities. These are usually small to medium sized businesses already turning a profit. It is NOT just high-tech/high-growth. Students are doing everything from producing their own juices to laser engraved lacrosse balls. Universities are approaching this in 2 ways:  Incubation Model  Lends itself to faculty research where they want to slowly take something through the market and commercialize it.   Accelerator Model  Geared towards bundling resources around students to help them launch their own companies.    What should parents know? Parents need to challenge students to research and choose a college with resources to support that dream. It will be an up and down ride for parents. Entrepreneurship is a major that is usually under the Business college. “Some campuses are much more focused on interdisciplinary education, and other campuses are focused on entrepreneurship as its own discipline and major,” notes Liguori. The final series of courses usually allows for students to work on their own or to work as a team. College entrepreneurs learn 3 major categories:  Business basics  Setting up the books, hiring of staff, entity creation, cash flow management, pricing the product, advertising, cost analysis, intellectual property protection, and all other basics of business   Entrepreneurial basics  Different types of entrepreneurships, characteristics of entrepreneurs, understanding the process, nature of an opportunity, taxonomy of infrastructure in place, knowing how to start and launch leads, entrepreneurial orientation and how to position your company, seed and venture capital   Mindset and Competency of an Entrepreneur  Opportunity alertness, passion, persistence, tenacity, gorilla behavior, learning from failure, resilience, creative problem solving, building and using networks    “We give them the guidance they need to navigate that choppy water of uncertainty at the beginning,” describes Liguori. Students usually fall into one of two categories:  Have been hustling and working since a very young age Like the idea of starting something or creating something, but aren’t sure how to go about it  Classes focus on tool-building and help students understand if it is worth it or not to just take a market wage. Credibility challenges are the toughest, so students are matched with experts and mentors. These connections can help introduce them to more partners and get access to capital. Instructors also help students to set up plans for beyond college. Investment pitches and competitions are other ways students can gain capital without losing equity. Sometimes parents are worried and prefer students to get job training. “My experience has been that students who are really passionate about it find resources,” says Liguori. Every university will have something different offered ranging from a certificate program all the way up to graduate degrees. How do you pursue entrepreneurship? There are a few steps high school juniors should do:  Check state schools in your area for entrepreneurship centers Email the faculty and directors of these centers to ask about the programs  If you are polite and professional you should get a response   Check the U.S. Association for Small Business and Entrepreneurship US News and World Report Princeton Review  Don’t be afraid to pick up the phone and ask the admissions office of any college you are interested in. Entrepreneurship is generally in the Business school, which might have minimum requirements above and beyond the major itself. LINKS AND RESOURCES:  Podcast Episode Index of all our shows! Core Areas Article www.TheStartUpStudent.co  A practical guide to getting the most out of your entrepreneurship program at your university.   EricLiguori@gmail.com Collegiate Entrepreneurs Organize US Association for Small Business and Entrepreneurship Free Course: Scholarship Guide for Busy Parents  BRAD RECOMMENDS: Core Area- Building a Budget Start by looking up what it might cost to attend your local state school. There are two ways to build your budget:  Figure out how much money you need and create a plan to get there. Define your budget and base your school choice on what you can afford.  In the end, just because you can only afford a certain amount a month, does not mean that is enough. You might need to recalculate what you can afford, take a job for additional income, or consider borrowing. Begin freshmen year of high school to figure out what college will probably cost. Then you will know what you might have to save or invest. This will not be necessarily easy, but it IS necessary! Optional Area- Divorce Planning This impacts:  Need-based aid  Based on income and assets of the family Usually just one parent is considered for financial aid, but their new spouse might also be included   Family politics  Parents could be cooperative to solve the college dilemma, or one parent feels responsible    This can get complicated, so do your research! Episode 39: Divorce and College Planning Episode 11: College Planning and Divorce THANKS FOR JOINING US! We’d like to extend an invitation to our listeners to share their feedback and questions. Contact us to submit a question to our email. If you find our podcasts helpful, please share us on social media and tell your friends! The bottom line is that we care what you think and want to help you out, so we’d appreciate you reviewing us on iTunes or on Stitcher. And even better, receive automatic updates by subscribing to the show on iTunes or Stitcher. The post THCC114 – Learn How Entrepreneurship is Becoming a Major in College Interview with Eric Liguori, Entrepreneurship Expert and Author “The Startup Student” appeared first on Taming The High Cost of College.

<p><b>“Entrepreneurship is one of the fastest growing majors on college campuses around the country,” </b>shares our guest today Eric Liguori. He is the author of “The Startup Student” and an expert in the growing field of entrepreneurship. Hear what he has to say about building a better business and controlling your own destiny in this episode. <b> </b></p> <h3>Questions Answered Today:</h3> <h3>What is college entrepreneurship?</h3> <p>“On any campus you visit right now you are going to see students starting and running their own businesses,” states Liguori. Luckily, there are now resources in place to support this at most universities.<br/> These are usually small to medium sized businesses already turning a profit.<br/> <b>It is NOT just high-tech/high-growth. </b>Students are doing everything from producing their own juices to laser engraved lacrosse balls.<br/> Universities are approaching this in 2 ways:</p> <ul> <li>Incubation Model <ul> <li>Lends itself to faculty research where they want to slowly take something through the market and commercialize it.</li> </ul> </li> <li>Accelerator Model <ul> <li>Geared towards bundling resources around students to help them launch their own companies.</li> </ul> </li> </ul> <h3>What should parents know?</h3> <p><b>Parents need to challenge students to research and choose a college with resources to support that dream.</b> It will be an up and down ride for parents.<br/> Entrepreneurship is a major that is usually under the Business college.<br/> “Some campuses are much more focused on interdisciplinary education, and other campuses are focused on entrepreneurship as its own discipline and major,” notes Liguori.<br/> The final series of courses usually allows for students to work on their own or to work as a team.<br/> College entrepreneurs learn 3 major categories:</p> <ul> <li>Business basics <ul> <li>Setting up the books, hiring of staff, entity creation, cash flow management, pricing the product, advertising, cost analysis, intellectual property protection, and all other basics of business</li> </ul> </li> <li>Entrepreneurial basics <ul> <li>Different types of entrepreneurships, characteristics of entrepreneurs, understanding the process, nature of an opportunity, taxonomy of infrastructure in place, knowing how to start and launch leads, entrepreneurial orientation and how to position your company, seed and venture capital</li> </ul> </li> <li>Mindset and Competency of an Entrepreneur <ul> <li>Opportunity alertness, passion, persistence, tenacity, gorilla behavior, learning from failure, resilience, creative problem solving, building and using networks</li> </ul> </li> </ul> <p><b>“We give them the guidance they need to navigate that choppy water of uncertainty at the beginning,” describes Liguori.</b><br/> Students usually fall into one of two categories:</p> <ul> <li>Have been hustling and working since a very young age</li> <li>Like the idea of starting something or creating something, but aren’t sure how to go about it</li> </ul> <p>Classes focus on tool-building and help students understand if it is worth it or not to just take a market wage.<br/> Credibility challenges are the toughest, so students are matched with experts and mentors. These connections can help introduce them to more partners and get access to capital. Instructors also help students to set up plans for beyond college.<br/> Investment pitches and competitions are other ways students can gain capital without losing equity.<br/> Sometimes parents are worried and prefer students to get job training.<br/> <b>“My experience has been that students who are really passionate about it find resources,” says Liguori.</b><br/> Every university will have something different offered ranging from a certificate program all the way up to graduate degrees.</p> <h3>How do you pursue entrepreneurship?</h3> <p>There are a few steps high school juniors should do:</p> <ul> <li>Check state schools in your area for entrepreneurship centers</li> <li>Email the faculty and directors of these centers to ask about the programs <ul> <li>If you are polite and professional you should get a response</li> </ul> </li> <li>Check the U.S. Association for Small Business and Entrepreneurship</li> <li>US News and World Report</li> <li>Princeton Review</li> </ul> <p>Don’t be afraid to pick up the phone and ask the admissions office of any college you are interested in.<br/> <b>Entrepreneurship is generally in the Business school, which might have minimum requirements above and beyond the major itself.</b></p> <h3>LINKS AND RESOURCES:</h3> <ul> <li><a href="https://tamingthehighcostofcollege.com/podcast-index/" rel="nofollow" target="_blank">Podcast Episode Index of all our shows!</a></li> <li><a href="https://tamingthehighcostofcollege.com/core" rel="nofollow" target="_blank">Core Areas Article</a></li> <li><a href="http://www.thestartupstudent.co" rel="nofollow" target="_blank">www.TheStartUpStudent.co</a> <ul> <li>A practical guide to getting the most out of your entrepreneurship program at your university.</li> </ul> </li> <li><a href="mailto:EricLiguori@gmail.com">EricLiguori@gmail.com</a></li> <li><a href="http://www.c-e-o.org/?" rel="nofollow" target="_blank">Collegiate Entrepreneurs Organize</a></li> <li><a href="http://www.usasbe.org/?" rel="nofollow" target="_blank">US Association for Small Business and Entrepreneurship</a></li> <li><a href="https://tamingthehighcostofcollege.com/scholarships" rel="nofollow" target="_blank">Free Course: Scholarship Guide for Busy Parents</a></li> </ul> <h3>BRAD RECOMMENDS:</h3> <p><b>Core Area- Building a Budget</b><br/> Start by looking up what it might cost to attend your local state school.<br/> There are two ways to build your budget:</p> <ol> <li>Figure out how much money you need and create a plan to get there.</li> <li>Define your budget and base your school choice on what you can afford.</li> </ol> <p>In the end, just because you can only afford a certain amount a month, does not mean that is enough. You might need to recalculate what you can afford, take a job for additional income, or consider borrowing.<br/> <b>Begin freshmen year of high school to figure out what college will probably cost.</b><br/> Then you will know what you might have to save or invest.<br/> This will not be necessarily easy, but it IS necessary!<br/> <b>Optional Area- Divorce Planning</b><br/> This impacts:</p> <ul> <li>Need-based aid <ul> <li>Based on income and assets of the family</li> <li>Usually just one parent is considered for financial aid, but their new spouse might also be included</li> </ul> </li> <li>Family politics <ul> <li>Parents could be cooperative to solve the college dilemma, or one parent feels responsible</li> </ul> </li> </ul> <p><b>This can get complicated, so do your research!</b><br/> <a href="https://tamingthehighcostofcollege.com/39/" rel="nofollow" target="_blank">Episode 39: Divorce and College Planning</a><br/> <a href="https://tamingthehighcostofcollege.com/011/" rel="nofollow" target="_blank">Episode 11: College Planning and Divorce</a></p> <h3>THANKS FOR JOINING US!</h3> <p>We’d like to extend an invitation to our listeners to share their feedback and questions. Contact us to submit a question to our email.<br/> <b>If you find our podcasts helpful, please share us on social media and tell your friends!</b><br/> The bottom line is that we care what you think and want to help you out, so we’d appreciate you reviewing us on iTunes or on Stitcher. And even better, receive automatic updates by subscribing to the show on iTunes or Stitcher.</p> <p>The post <a href="https://tamingthehighcostofcollege.com/learn-how-entrepreneurship-is-becoming-a-major-in-college/" rel="nofollow" target="_blank">THCC114 – Learn How Entrepreneurship is Becoming a Major in College Interview with Eric Liguori, Entrepreneurship Expert and Author “The Startup Student”</a> appeared first on <a href="https://tamingthehighcostofcollege.com" rel="nofollow" target="_blank">Taming The High Cost of College</a>.</p>

THCC114 – Learn How Entrepreneurship is Becoming a Major in College Interview with Eric Liguori, Entrepreneurship Expert and Author “The Startup Student”

Lisa Strasman

Meet Lisa Strasman, the President of the premier college athletics recruiting organization Next College Student Athlete. She is here on our show today to give you the secrets needed to be recruited for college sports at any level. These days, coaches are going to games to look only at specific players. “Of course there are examples of coaches finding kids, but it is really not the norm,” says Strasman. How do you get onto a coach’s list? Tune in here to find out what you can do to separate your student from the pack and get recruited for athletics! Questions Answered Today: How does NCSA help families? “Our goal is to help student athletes play the sport they love at the college of their dreams,” describes Strasman. NCSA has a team of over 550 former college athletes, coaches, and professional athletes to help student athletes find the right fit. They help students create an athletic resume, edit videos, and provide specific advice tailored to each college program so students can be aware of where they have the highest likelihood of being accepted. They also support students and parents through each key milestone of the recruiting journey for 31 different sports across men and women divisions. “We work with most NCAA sanctioned sports, but there a few smaller or emerging sports we don’t have a big enough volume in,” notes Strasman. They help to place students at all levels, not just Division 1. What steps does a student need to take to play their sport in college? The first step is to take action! “When you have that realization that your student athlete is serious about playing their sport at the next level, don’t wait! Start putting together your game plan,” warns Strasman. Freshman year is the time to start because sooner is better. What you need to do includes:  Create your recruiting profile and plan.  You can do it right on the NCSA website and get a third party evaluation to help you find the perfect program out there for you   Reach out and communicate with college coaches to build those relationships Go to different camps as they are available for skill development and to get noticed Create a highlight reel  You can use your phone to put together clips There are guidelines available at the NCSA website and the experts there can help to break it down into the 3-5 minutes a coach will want It does NOT have to be fancy- the coach just wants to see what the athlete can do Update it as you progress through high school   Take academics seriously; if you don’t meet the minimums to make it into the school, you can’t get in on athletics alone  Standardized tests are important just like for anyone else going to college Athletic budgets are very tight for college coaches, but they might be able to give you some academic merit aid based on your grades   Research schools to think about what type of school you are interested in (geographic location, rural or urban, best scholarship money, highest academics, etc.) Visit campuses and decide what level you want to play at Find an expert to help you think through all these key questions  “Leveraging athletics might help you get into a school you might not get admitted to based only on your academics or even earn more money through financial aid,” shares Strasman. If your child is passionate, then athletics need to be part of your game plan early. Athletics should not be an afterthought, so start communicating with college coaches early on to make it part of the process. “Everything should be rooted in what your kid wants to do,” reminds Strasman. Sometimes travel teams and camps are important, but it doesn’t guarantee you a scholarship or roster spot. LINKS AND RESOURCES:  Podcast Episode Index of all our shows! Core Areas Article www.ncsasports.org lisa@ncsasports.org Episode 76: Get Recruited! Understanding College Athletics Episode 49: College Scholars and Athletics  BRAD RECOMMENDS: Core Area: Parents vs. Student Responsibilities  The reality for most families is that mom and dad are very involved and the student is just along for the ride. Every family needs to come up with who is responsible for what pieces. It needs to be clear who is in charge of important college areas such as:  Research Funding Communication  Whose email do they have? Who is staying on top of the programs and opportunities the college is offering?   Visits Scholarships  Most parents delegate this one to students, but students usually need some guidance. Trust, but verify. Scholarship Guide for Busy Parents   Applications/Essays  Parents might need to help by being on top of deadlines and the overall process    Have a monthly meeting where everyone can check in on how things stand. Optional Area- Transfer Programs This is where you attend a particular school and then transfer to a different school to finish your degree. 3 reasons you might be interested in a transfer program include:  Admissions  If the school is really tough to get into, you can transfer which might be easier   Cost savings  Get your basic classes done to save on tuition, then transfer to the program you really want to finish your degree in   Stepping stones  Not quite ready to go away to a big university, so you get a year or two under your belt and work your way up    It is important to understand there are some formal programs where two colleges have gotten together and have a set list of classes that will 100% transfer to a different university. Otherwise you won’t know for sure the courses you are taking will allow you to transfer and you might have to start over or take similar classes again. THANKS FOR JOINING US! We’d like to extend an invitation to our listeners to share their feedback and questions. Contact us to submit a question to our email. If you find our podcasts helpful, please share us on social media and tell your friends! The bottom line is that we care what you think and want to help you out, so we’d appreciate you reviewing us on iTunes or on Stitcher. And even better, receive automatic updates by subscribing to the show on iTunes or Stitcher. The post THCC111- The Reality of Athletic Recruiting, a talk with NCSA Interview with Lisa Strasman, President of Next College Student Athlete appeared first on Taming The High Cost of College.

<p>Meet Lisa Strasman, the President of the premier college athletics recruiting organization Next College Student Athlete. She is here on our show today to give you the secrets needed to be recruited for college sports at any level. These days, coaches are going to games to look only at specific players. “Of course there are examples of coaches finding kids, but it is really not the norm,” says Strasman. How do you get onto a coach’s list? Tune in here to find out what you can do to separate your student from the pack and get recruited for athletics!</p> <h3>Questions Answered Today:</h3> <h3>How does NCSA help families?</h3> <p>“Our goal is to help student athletes play the sport they love at the college of their dreams,” describes Strasman.<br/> NCSA has a team of over 550 former college athletes, coaches, and professional athletes to help student athletes find the right fit.<br/> They help students create an athletic resume, edit videos, and provide specific advice tailored to each college program so students can be aware of where they have the highest likelihood of being accepted.<br/> They also support students and parents through each key milestone of the recruiting journey for 31 different sports across men and women divisions.<br/> “We work with most NCAA sanctioned sports, but there a few smaller or emerging sports we don’t have a big enough volume in,” notes Strasman. They help to place students at all levels, not just Division 1.</p> <h3>What steps does a student need to take to play their sport in college?</h3> <p><b>The first step is to take action!</b> “When you have that realization that your student athlete is serious about playing their sport at the next level, don’t wait! Start putting together your game plan,” warns Strasman.<br/> Freshman year is the time to start because sooner is better.<br/> <b>What you need to do includes:</b></p> <ul> <li>Create your recruiting profile and plan. <ul> <li>You can do it right on the NCSA website and get a third party evaluation to help you find the perfect program out there for you</li> </ul> </li> <li>Reach out and communicate with college coaches to build those relationships</li> <li>Go to different camps as they are available for skill development and to get noticed</li> <li>Create a highlight reel <ul> <li>You can use your phone to put together clips</li> <li>There are guidelines available at the NCSA website and the experts there can help to break it down into the 3-5 minutes a coach will want</li> <li>It does NOT have to be fancy- the coach just wants to see what the athlete can do</li> <li>Update it as you progress through high school</li> </ul> </li> <li>Take academics seriously; if you don’t meet the minimums to make it into the school, you can’t get in on athletics alone <ul> <li>Standardized tests are important just like for anyone else going to college</li> <li>Athletic budgets are very tight for college coaches, but they might be able to give you some academic merit aid based on your grades</li> </ul> </li> <li>Research schools to think about what type of school you are interested in (geographic location, rural or urban, best scholarship money, highest academics, etc.)</li> <li>Visit campuses and decide what level you want to play at</li> <li>Find an expert to help you think through all these key questions</li> </ul> <p>“Leveraging athletics might help you get into a school you might not get admitted to based only on your academics or even earn more money through financial aid,” shares Strasman. If your child is passionate, then athletics need to be part of your game plan early.<br/> <b>Athletics should not be an afterthought, so start communicating with college coaches early on to make it part of the process.</b><br/> “Everything should be rooted in what your kid wants to do,” reminds Strasman. Sometimes travel teams and camps are important, but it doesn’t guarantee you a scholarship or roster spot.</p> <h3>LINKS AND RESOURCES:</h3> <ul> <li><a href="https://tamingthehighcostofcollege.com/podcast-index/" rel="nofollow" target="_blank">Podcast Episode Index of all our shows!</a></li> <li><a href="https://tamingthehighcostofcollege.com/core" rel="nofollow" target="_blank">Core Areas Article</a></li> <li><a href="http://www.ncsasports.org" rel="nofollow" target="_blank">www.ncsasports.org</a></li> <li><a href="mailto:lisa@ncsasports.org">lisa@ncsasports.org</a></li> <li><a href="https://tamingthehighcostofcollege.com/get-recruited-understanding-college-athletics/" rel="nofollow" target="_blank">Episode 76: Get Recruited! Understanding College Athletics</a></li> <li><a href="https://tamingthehighcostofcollege.com/college-scholars-and-athletics/" rel="nofollow" target="_blank">Episode 49: College Scholars and Athletics</a></li> </ul> <h3>BRAD RECOMMENDS:</h3> <p><b>Core Area: Parents vs. Student Responsibilities </b><br/> The reality for most families is that mom and dad are very involved and the student is just along for the ride. <b>Every family needs to come up with who is responsible for what pieces.</b><br/> It needs to be clear who is in charge of important college areas such as:</p> <ul> <li>Research</li> <li>Funding</li> <li>Communication <ul> <li>Whose email do they have? Who is staying on top of the programs and opportunities the college is offering?</li> </ul> </li> <li>Visits</li> <li>Scholarships <ul> <li>Most parents delegate this one to students, but students usually need some guidance. Trust, but verify.</li> <li><a href="https://tamingthehighcostofcollege.com/scholarships" rel="nofollow" target="_blank">Scholarship Guide for Busy Parents</a></li> </ul> </li> <li>Applications/Essays <ul> <li>Parents might need to help by being on top of deadlines and the overall process</li> </ul> </li> </ul> <p><b>Have a monthly meeting where everyone can check in on how things stand.</b><br/> <b>Optional Area- Transfer Programs</b><br/> This is where you attend a particular school and then transfer to a different school to finish your degree.<br/> 3 reasons you might be interested in a transfer program include:</p> <ul> <li>Admissions <ul> <li>If the school is really tough to get into, you can transfer which might be easier</li> </ul> </li> <li>Cost savings <ul> <li>Get your basic classes done to save on tuition, then transfer to the program you really want to finish your degree in</li> </ul> </li> <li>Stepping stones <ul> <li>Not quite ready to go away to a big university, so you get a year or two under your belt and work your way up</li> </ul> </li> </ul> <p><b>It is important to understand there are some formal programs where two colleges have gotten together and have a set list of classes that will 100% transfer to a different university. </b>Otherwise you won’t know for sure the courses you are taking will allow you to transfer and you might have to start over or take similar classes again.</p> <h3>THANKS FOR JOINING US!</h3> <p>We’d like to extend an invitation to our listeners to share their feedback and questions. Contact us to submit a question to our email.<br/> <b>If you find our podcasts helpful, please share us on social media and tell your friends!</b><br/> The bottom line is that we care what you think and want to help you out, so we’d appreciate you reviewing us on iTunes or on Stitcher. And even better, receive automatic updates by subscribing to the show on iTunes or Stitcher.</p> <p>The post <a href="https://tamingthehighcostofcollege.com/the-reality-of-athletic-recruiting/" rel="nofollow" target="_blank">THCC111- The Reality of Athletic Recruiting, a talk with NCSA Interview with Lisa Strasman, President of Next College Student Athlete</a> appeared first on <a href="https://tamingthehighcostofcollege.com" rel="nofollow" target="_blank">Taming The High Cost of College</a>.</p>

THCC111- The Reality of Athletic Recruiting, a talk with NCSA Interview with Lisa Strasman, President of Next College Student Athlete

Farran Powell

Choosing from ranked schools can be tricky. Is one school really that much better than another? We invited Farran Powell on the show to help clear up what this ranking thing is all about. She is the “Paying for College” writer for the publication that started the ranking craze, U.S. News and World Report. Having written somewhere near 100 articles on the topic, Farran has a wealth of knowledge she shares in this great interview. Questions Answered Today: What is a school that claims to meet full need? “Different schools have different ways of determining what your need is,” says Powell. While some schools rely on FAFSA, others will ask you to provide a CSS profile as well. If you are looking for federal financial aid, you will need to complete the FAFSA. Each school has a different formula for determining that they have met your full need. The schools that offer this feature are usually private schools with only two public schools on the current list. These schools tend to be highly ranked and use a need blind admissions policy. These are generally intensely competitive. Powell recommends if you are considering this type of school, “You want to look at the fit financially, and does it have what you want to study at this school?” There might be a cheaper school out there that is great and has a perfect program for your desired major. How are colleges doing things differently to adjust to the new FAFSA? Some schools have moved up their deadlines to as early as December. The Department of Education has also released the Pell Grant schedule earlier. FAFSA is no longer based on an estimated value, you are using taxes from two years back. This makes the colleges more comfortable in packaging their awards because the numbers are more verifiable. These are now being released 6-8 weeks earlier than before. This current year is the only year where there might be discrepancies. “It is a one year issue that could happen to current students,” notes Powell. If something has drastically happened since your FAFSA application or the tax return you use for it, such as death in the family or large medical expense, you can apply for a reconciliation of your award at the financial aid office of your school since your circumstances have changed. What advice do you have for parents? Visiting schools out of state will cost money, but you can always go locally. See the different types of schools to see what will be a good fit for you. This will help you to narrow down your shortlist so you don’t take unnecessary and expensive road trips.  Also, consider visiting schools during the non tourist season to save money on airfare and hotels. Maybe go during the winter. The USNews.com website has lots of information available that is put together by both a data team and reporters so you can search based on what is important to you. Some things you can check out on the website include:  Short-lists  Different ways you can pay for school, what it’s like living on campus, and many more.   College navigator Best value schools  Even if they might have a high sticker price, they try to help out students the most.   A+ schools for B students Studying abroad  Powell herself studied abroad and notes that schools oversea have a lot more emphasis on test results and AP courses in high school. Programs are also only three years long, so you need to be sure of the area you want to study and if it will transfer well back to the states.   Paying for grad school information Online education  LINKS AND RESOURCES:  Podcast Episode Index of all our shows! tamingthehighcostofcollege.com/core USNews.Com/education Twitter @FarranPowell  BRAD RECOMMENDS: Core Area #6 Merit-Aid Merit-aid is aid that is offered to families where the student has achieved some success, either academically or athletically, and they are able to receive additional funds on top of other aid they may be receiving. It is not tied to the family finances. A typical private school might offer a scholarship such that if your test scores and grade point average meet a certain requirement, they can offer you a set amount of money. This can be tiered where different thresholds offer differing amounts of money. In addition to academics, scholarships might be based on:  Athletics Music or other unique abilities Extra-curricular activities Science fairs  If you are just barely accepted to a certain college, you probably won’t earn very much merit aid and will have to probably pay full price. Conversely, if you are accepted somewhere else that is less competitive, you might be able to win more. Episode 2: Need-Based Financial Aid Part 1 Episode 3: Need-Based Financial Aid Part 2 Optional Area- Performing Arts You could qualify for merit-aid with performing arts, but there will usually be some type of audition required. Many schools offer these on campus, but some occasionally offer satellite auditions around the country. Episode 38: Insights Into Majoring in the Performing Arts THANKS FOR JOINING US! We’d like to extend an invitation to our listeners to share their feedback and questions. Contact us to submit a question to our email. If you find our podcasts helpful, please share us on social media and tell your friends! The bottom line is that we care what you think and want to help you out, so we’d appreciate you reviewing us on iTunes or on Stitcher. And even better, receive automatic updates by subscribing to the show on iTunes or Stitcher. The post THCC110 – Understanding College Rankings  Interview with Farran Powell, Writer with U.S. News and World Report appeared first on Taming The High Cost of College.

<p>Choosing from ranked schools can be tricky. Is one school really that much better than another? We invited Farran Powell on the show to help clear up what this ranking thing is all about. She is the “Paying for College” writer for the publication that started the ranking craze, U.S. News and World Report. Having written somewhere near 100 articles on the topic, Farran has a wealth of knowledge she shares in this great interview.</p> <h3>Questions Answered Today:</h3> <h3>What is a school that claims to meet full need?</h3> <p>“Different schools have different ways of determining what your need is,” says Powell. While some schools rely on FAFSA, others will ask you to provide a CSS profile as well. <b>If you are looking for federal financial aid, you will need to complete the FAFSA.</b><br/> Each school has a different formula for determining that they have met your full need. The schools that offer this feature are usually private schools with only two public schools on the current list.<br/> These schools tend to be highly ranked and use a need blind admissions policy. These are generally intensely competitive.<br/> <b>Powell recommends if you are considering this type of school, “You want to look at the fit financially, and does it have what you want to study at this school?”</b><br/> There might be a cheaper school out there that is great and has a perfect program for your desired major.</p> <h3>How are colleges doing things differently to adjust to the new FAFSA?</h3> <p>Some schools have moved up their deadlines to as early as December. The Department of Education has also released the Pell Grant schedule earlier.<br/> <b>FAFSA is no longer based on an estimated value, you are using taxes from two years back.</b><br/> This makes the colleges more comfortable in packaging their awards because the numbers are more verifiable. These are now being released 6-8 weeks earlier than before.<br/> This current year is the only year where there might be discrepancies. “It is a one year issue that could happen to current students,” notes Powell.<br/> <b>If something has drastically happened since your FAFSA application or the tax return you use for it, such as death in the family or large medical expense, you can apply for a reconciliation of your award at the financial aid office of your school since your circumstances have changed.</b></p> <h3>What advice do you have for parents?</h3> <p>Visiting schools out of state will cost money, but you can always go locally. See the different types of schools to see what will be a good fit for you.<br/> <b>This will help you to narrow down your shortlist so you don’t take unnecessary and expensive road trips. </b><br/> Also, consider visiting schools during the non tourist season to save money on airfare and hotels. Maybe go during the winter.<br/> The <a href="http://USNews.com" rel="nofollow" target="_blank">USNews.com</a> website has lots of information available that is put together by both a data team and reporters so you can search based on what is important to you.<br/> <b>Some things you can check out on the website include:</b></p> <ul> <li>Short-lists <ul> <li>Different ways you can pay for school, what it’s like living on campus, and many more.</li> </ul> </li> <li>College navigator</li> <li>Best value schools <ul> <li>Even if they might have a high sticker price, they try to help out students the most.</li> </ul> </li> <li>A+ schools for B students</li> <li>Studying abroad <ul> <li>Powell herself studied abroad and notes that schools oversea have a lot more emphasis on test results and AP courses in high school. Programs are also only three years long, so you need to be sure of the area you want to study and if it will transfer well back to the states.</li> </ul> </li> <li>Paying for grad school information</li> <li>Online education</li> </ul> <h3>LINKS AND RESOURCES:</h3> <ul> <li><a href="https://tamingthehighcostofcollege.com/podcast-index/" rel="nofollow" target="_blank">Podcast Episode Index of all our shows!</a></li> <li><a href="https://tamingthehighcostofcollege.com/core" rel="nofollow" target="_blank">tamingthehighcostofcollege.com/core</a></li> <li><a href="http://www.usnews.com/education" rel="nofollow" target="_blank">USNews.Com/education</a></li> <li>Twitter @FarranPowell</li> </ul> <h3>BRAD RECOMMENDS:</h3> <p><b>Core Area #6 Merit-Aid</b><br/> <b>Merit-aid is aid that is offered to families where the student has achieved some success, either academically or athletically, and they are able to receive additional funds on top of other aid they may be receiving.</b><br/> It is not tied to the family finances.<br/> A typical private school might offer a scholarship such that if your test scores and grade point average meet a certain requirement, they can offer you a set amount of money. This can be tiered where different thresholds offer differing amounts of money.<br/> In addition to academics, scholarships might be based on:</p> <ul> <li>Athletics</li> <li>Music or other unique abilities</li> <li>Extra-curricular activities</li> <li>Science fairs</li> </ul> <p>If you are just barely accepted to a certain college, you probably won’t earn very much merit aid and will have to probably pay full price. Conversely, if you are accepted somewhere else that is less competitive, you might be able to win more.<br/> <a href="https://tamingthehighcostofcollege.com/002/" rel="nofollow" target="_blank">Episode 2: Need-Based Financial Aid Part 1</a><br/> <a href="https://tamingthehighcostofcollege.com/003/" rel="nofollow" target="_blank">Episode 3: Need-Based Financial Aid Part 2</a></p> <h3>Optional Area- Performing Arts</h3> <p>You could qualify for merit-aid with performing arts, but there will usually be some type of audition required.<b> Many schools offer these on campus, but some occasionally offer satellite auditions around the country.</b><br/> <a href="https://tamingthehighcostofcollege.com/38/" rel="nofollow" target="_blank">Episode 38: Insights Into Majoring in the Performing Arts</a></p> <h3>THANKS FOR JOINING US!</h3> <p>We’d like to extend an invitation to our listeners to share their feedback and questions. Contact us to submit a question to our email.<br/> <b>If you find our podcasts helpful, please share us on social media and tell your friends!</b><br/> The bottom line is that we care what you think and want to help you out, so we’d appreciate you reviewing us on iTunes or on Stitcher. And even better, receive automatic updates by subscribing to the show on iTunes or Stitcher.</p> <p>The post <a href="https://tamingthehighcostofcollege.com/understanding-college-rankings/" rel="nofollow" target="_blank">THCC110 – Understanding College Rankings  Interview with Farran Powell, Writer with U.S. News and World Report</a> appeared first on <a href="https://tamingthehighcostofcollege.com" rel="nofollow" target="_blank">Taming The High Cost of College</a>.</p>

THCC110 – Understanding College Rankings  Interview with Farran Powell, Writer with U.S. News and World Report

John Hupalo

Most families find it challenging to jump in and learn the college process, but we have John Hupalo here today to share all his great resources to make this simple! After his personal and professional experience with the issue of college financing and planning, John recognized that there were not too many resources available. He and his partner decided, “There has got to be a better way to help families plan and pay for college.” So InviteEducation.com was founded. Questions Answered Today: How can InviteEducation.com help me? Hupalo set out with his partner to create some simplified steps for both planning and financing college. Each family and situation is unique, but the purchase decisions and shopping for college are exactly the same as shopping for a car. InviteEducation.com is set up to assist with 3 very specific points:  You might have more than one child, so you will need grade specific guidance for each child. Finding that just right college. You have to figure out if your student can get in AND if you can afford it. Don’t buy now, and pay later! Interact with your student to make sure they are taking care of what they need to do and you are managing what you also should be doing.  Students can go onto the site as well to get tons of fantastic resources and clear information. “When parents see there is an actual process involved, and they don’t have to worry about it all at once, it makes it a little bit easier,” notes Hupalo. What should I know about scholarships? “I believe there is an affordable school for every student and every family,” shares Hupalo. You know how much you have saved by junior or senior year, and now you have to find the free money. Beware when schools give you federal loans, because you have to repay that, and also work study, because you have to earn that. Grants are usually need-based aid given through filing the FAFSA. Merit-based aid is usually from the school itself or you can get scholarships from third parties. Check out Petersons.com for their scholarship search engine. It is also linked to InviteEducation to help you find and apply for free money. Hupalo cautions, “If you are awarded a third party scholarship and you are getting need-based aid, the school will reduce that amount of grant aid by the amount of that third party scholarship.” Go talk to your financial aid officer at your college because they can help you get creative to possibly keep it all. Put your general gross income into the engine at InviteEducation to find out how much a particular school awarded to those with similar finances. Do you have any advice for parents? According to Hupalo:    It is really important to save some kind of money towards college. If your child is young, you are so much better off saving just a little bit now (such as with the 529 college savings program). InviteEducation has a calculator to show you the cost of delaying and how much more you will have to contribute to reach your goal.  Most students take more than 4 years to graduate, so if your child is in high school already it isn’t too late.       “Saving a dollar for college today is better than borrowing one tomorrow,” suggests Hupalo.   Take a breath! Just like potty-training, you never think it will happen, but it comes!  Almost all students borrow the appropriate amount of money and come out of college in a career where they can pay that back without a problem.   Beware of how much time it will take to get this done.  Pay attention along the way! Starts looking at ideas and visit the website during 9th grade. Time is also dependent on how involved parents will be and how motivated the student is. It doesn’t hurt to start early and always watch out for deadlines.    “There is no mystery to this,” says Hupalo, “You just need to be aware of it.” LINKS AND RESOURCES:  Podcast Episode Index of all our shows! Brad’s Core Ideas InviteEducation  Use code: 3Free   Mr. Hupalo’s Book “Plan and Finance Your Family’s College Dreams: A Parent’s Step-By-Step Guide from Pre-K to Senior Year” Petersons.com InviteEducation YouTube Channel  BRAD RECOMMENDS: Core Area #5 Extra-Curricular Activities These are critical to some families to getting to where you want to go, but don’t matter at all for others. Understand what you are doing for extra curriculars and if it is appropriate for where you want to go. Some higher end schools require a more competitive level of extra-curricular activities, such as not just being on the football team, but being the captain on a champion football team. These will also be helpful for scholarships. If you have above average grades/test scores, then these probably won’t be as helpful. On the flipside, if you have lower grades/test scores, then these could make the difference and get you the benefit of doubt. Episode 72: Science Competitions and Robotics Scholarships Optional Area- College Fairs Great for when you are just starting out to get some basic information from a lot of different possible colleges. These are usually provided by NACAC (National Association of College and Admissions Counselors) or other organizations at the state and local level. Episode 90: The Untapped Gold Mine of College Fairs If there is a college fair in your area, or within driving distance, get that on your calendar! Get on the internet and search college fairs to find out when and where they are. Fairs are additionally helpful when you have narrowed it down to the last few colleges you might want to pursue because there are representatives right there to answer your questions and give you more information. THANKS FOR JOINING US! We’d like to extend an invitation to our listeners to share their feedback and questions. Contact us to submit a question to our email. If you find our podcasts helpful, please share us on social media and tell your friends! The bottom line is that we care what you think and want to help you out, so we’d appreciate you reviewing us on iTunes or on Stitcher. And even better, receive automatic updates by subscribing to the show on iTunes or Stitcher. The post THCC109 – InviteEducation.com: Helping Families Plan and Pay for College at Any Age Interview with John Hupalo, Founder and CEO of InviteEducation.com appeared first on Taming The High Cost of College.

<p>Most families find it challenging to jump in and learn the college process, but we have John Hupalo here today to share all his great resources to make this simple! After his personal and professional experience with the issue of college financing and planning, John recognized that there were not too many resources available. He and his partner decided, “There has got to be a better way to help families plan and pay for college.” So <a href="http://InviteEducation.com" rel="nofollow" target="_blank">InviteEducation.com</a> was founded.</p> <h3>Questions Answered Today:</h3> <h3>How can <a href="http://InviteEducation.com" rel="nofollow" target="_blank">InviteEducation.com</a> help me?</h3> <p>Hupalo set out with his partner to create some simplified steps for both planning and financing college. Each family and situation is unique, but the purchase decisions and shopping for college are exactly the same as shopping for a car.<br/> <a href="http://InviteEducation.com" rel="nofollow" target="_blank">InviteEducation.com</a> is set up to assist with 3 very specific points:</p> <ol> <li>You might have more than one child, so you will need grade specific guidance for each child.</li> <li>Finding that just right college. <b>You have to figure out if your student can get in AND if you can afford it. Don’t buy now, and pay later!</b></li> <li>Interact with your student to make sure they are taking care of what they need to do and you are managing what you also should be doing.</li> </ol> <p>Students can go onto the site as well to get tons of fantastic resources and clear information.<br/> “When parents see there is an actual process involved, and they don’t have to worry about it all at once, it makes it a little bit easier,” notes Hupalo.</p> <h3>What should I know about scholarships?</h3> <p>“I believe there is an affordable school for every student and every family,” shares Hupalo. You know how much you have saved by junior or senior year, and now you have to find the free money.<br/> <b>Beware when schools give you federal loans, because you have to repay that, and also work study, because you have to earn that.</b><br/> Grants are usually need-based aid given through filing the FAFSA.<br/> Merit-based aid is usually from the school itself or you can get scholarships from third parties. Check out <a href="https://www.petersons.com/college-search/scholarship-search.aspx#sweeps-modal" rel="nofollow" target="_blank">Petersons.com</a> for their scholarship search engine. It is also linked to InviteEducation to help you find and apply for free money.<br/> <b>Hupalo cautions, “If you are awarded a third party scholarship and you are getting need-based aid, the school will reduce that amount of grant aid by the amount of that third party scholarship.” </b>Go talk to your financial aid officer at your college because they can help you get creative to possibly keep it all.<br/> Put your general gross income into the engine at InviteEducation to find out how much a particular school awarded to those with similar finances.</p> <h3>Do you have any advice for parents?</h3> <p>According to Hupalo:</p> <ul> <li> <ul> <li>It is really important to save some kind of money towards college. If your child is young, you are so much better off saving just a little bit now (such as with the 529 college savings program). InviteEducation has a calculator to show you the cost of delaying and how much more you will have to contribute to reach your goal. <ul> <li>Most students take more than 4 years to graduate, so if your child is in high school already it isn’t too late.</li> </ul> </li> </ul> </li> </ul> <ul> <li><b>“Saving a dollar for college today is better than borrowing one tomorrow,” suggests Hupalo.</b></li> </ul> <ul> <li>Take a breath! Just like potty-training, you never think it will happen, but it comes! <ul> <li>Almost all students borrow the appropriate amount of money and come out of college in a career where they can pay that back without a problem.</li> </ul> </li> <li>Beware of how much time it will take to get this done. <ul> <li>Pay attention along the way! Starts looking at ideas and visit the website during 9th grade.</li> <li>Time is also dependent on how involved parents will be and how motivated the student is.</li> <li>It doesn’t hurt to start early and always watch out for deadlines.</li> </ul> </li> </ul> <p>“There is no mystery to this,” says Hupalo, “You just need to be aware of it.”<br/> <b>LINKS AND RESOURCES:</b></p> <ul> <li><a href="https://tamingthehighcostofcollege.com/podcast-index/" rel="nofollow" target="_blank">Podcast Episode Index of all our shows!</a></li> <li><a href="https://tamingthehighcostofcollege.com/20-core-areas-college-planning/" rel="nofollow" target="_blank">Brad’s Core Ideas</a></li> <li><a href="https://inviteeducation.com/" rel="nofollow" target="_blank">InviteEducation</a> <ul> <li>Use code: 3Free</li> </ul> </li> <li><a href="https://www.amazon.com/Finance-Familys-College-Dreams-Step/dp/076894080X" rel="nofollow" target="_blank">Mr. Hupalo’s Book “Plan and Finance Your Family’s College Dreams: A Parent’s Step-By-Step Guide from Pre-K to Senior Year”</a></li> <li><a href="https://www.petersons.com/college-search/scholarship-search.aspx#sweeps-modal" rel="nofollow" target="_blank">Petersons.com</a></li> <li><a href="https://www.youtube.com/channel/UC3Jl5g9GXJIM3MhMI9UEikg" rel="nofollow" target="_blank">InviteEducation YouTube Channel</a></li> </ul> <h3>BRAD RECOMMENDS:</h3> <p><b>Core Area #5 Extra-Curricular Activities</b><br/> These are critical to some families to getting to where you want to go, but don’t matter at all for others.<br/> <b>Understand what you are doing for extra curriculars and if it is appropriate for where you want to go.</b><br/> Some higher end schools require a more competitive level of extra-curricular activities, such as not just being on the football team, but being the captain on a champion football team.<br/> These will also be helpful for scholarships.<br/> <b>If you have above average grades/test scores, then these probably won’t be as helpful. On the flipside, if you have lower grades/test scores, then these could make the difference and get you the benefit of doubt.</b><br/> <a href="https://tamingthehighcostofcollege.com/science-competitions-and-robotics-scholarships/" rel="nofollow" target="_blank">Episode 72: Science Competitions and Robotics Scholarships</a></p> <h3>Optional Area- College Fairs</h3> <p>Great for when you are just starting out to get some basic information from a lot of different possible colleges.<br/> These are usually provided by NACAC (National Association of College and Admissions Counselors) or other organizations at the state and local level.<br/> <a href="https://tamingthehighcostofcollege.com/college-fairs/" rel="nofollow" target="_blank">Episode 90: The Untapped Gold Mine of College Fairs</a><br/> <b>If there is a college fair in your area, or within driving distance, get that on your calendar! Get on the internet and search college fairs to find out when and where they are.</b><br/> Fairs are additionally helpful when you have narrowed it down to the last few colleges you might want to pursue because there are representatives right there to answer your questions and give you more information.</p> <h3>THANKS FOR JOINING US!</h3> <p>We’d like to extend an invitation to our listeners to share their feedback and questions. Contact us to submit a question to our email.<br/> <b>If you find our podcasts helpful, please share us on social media and tell your friends!</b><br/> The bottom line is that we care what you think and want to help you out, so we’d appreciate you reviewing us on iTunes or on Stitcher. And even better, receive automatic updates by subscribing to the show on iTunes or Stitcher.</p> <p>The post <a href="https://tamingthehighcostofcollege.com/invite-education/" rel="nofollow" target="_blank">THCC109 – InviteEducation.com: Helping Families Plan and Pay for College at Any Age Interview with John Hupalo, Founder and CEO of InviteEducation.com</a> appeared first on <a href="https://tamingthehighcostofcollege.com" rel="nofollow" target="_blank">Taming The High Cost of College</a>.</p>

THCC109 – InviteEducation.com: Helping Families Plan and Pay for College at Any Age Interview with John Hupalo, Founder and CEO of InviteEducation.com

If you are the parent of a college bound high school student then this podcast is for you.  Our goal is to give you the information you need to SAVE  TIME,  SAVE MONEY,  and reduce stress in the college process.   We will cover all aspects of planning and paying for college including things like:  What to do if you do not qualify for financial aid, student loans, FAFSA and CSS profile, merit aid, scholarships, college tax breaks, visits, ACT and SAT, college fairs, the application process, and good college planning websites.  Essentially all things college.

Hope to have more

As a parent of high schoolers I listen to Brad&#39;s podcasts as I walk. They are so informative! He introduces me to important websites and people. 

When I had a question and called him it was easy to make an appointment. I found him to be knowledgeable and ethical.

His podcasts are not outdated. He asks questions of his guests that I would want to ask. 

Just wish I was in Wisconsin so we could meet in person and plan my kid&#39;s college expenses!

Great financial educational resource

Taming the High Cost of College! :   Financial Aid | FAFSA | Student Loans | Scholarships | Tax | Saving | Investing | Grants | 529 plans

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