3 College Admissions & Financial Aid Fails

We see dozens of financial aid, scholarships and admissions mistakes each year - here are three biggies

I’m generally a positive guy, but I feel the need to “go negative” today.

No, I’m not running for office or promoting a “fake news” story – I wanted to chat about three very real mistakes I see families commit all the time in the college admissions and financial aid process.

The first is a mistake of omission – sticking your head in the sand and expecting things to magically work themselves out.

Look, there’s something to be said for this approach, it’s less stressful…at least in the short term.  The problem is that, in the medium and longer term, “winging it” could very well lead to:

  • Not getting into the college or colleges you hoped to attend (or thought you “deserved” – an interesting word – to get into)
  • Graduating with a cr-p load of student loans
  • Graduating with a useless major and being forced to come home to mom and dad’s basement with your tail between your legs while you scrounge around for a job, even if it doesn’t require a college degree

Mistake Deux is about expectations – too often, kids and parents fail to have “The Talk” early on.  No, not THAT talk…puh-lease.

I’m referring to the one about financial aid, scholarships and paying for college.  Too often, hard working kids put everything they’ve got into their studies, extracurricular activiites, applications and essays and, lo and behold, get IN to their top choice college!

Then, reality hits when Mom and Dad (OK, 99% of the time it’s Dad) looks at the bill, clutches their chest and screams “What orafice do they expect me pull money out of to pay for THAT?”

It would better to say, the summer before senior year at the latest, “Hey, kiddo. You can apply anywhere you want, but the plain fact is that we don’t know what college will actually cost us until we get the financial aid/scholarship package.  I can’t promise you that we can send you to ___________. We have two other kids, retirement and financial security in general to think of.  THIS PROCESS IS NOT ONLY ABOUT YOU.”

Shocking words!

Seriously, have this tough discussion early, before things come to a head when college acceptances start coming in a matter of months.

The third mistake is not learning about the financial aid and scholarships process, which I’ll be covering tonight on our webinar.  Most parents tell me that they’re surprised at how much money there actually is out there for “Forgotten Middle Class” families;  i.e. families who think they can’t possibly qualify.

But if you never put in the time to edu-ma-cate yourself about where money is, you’re setting yourself up for a big – nay, epic – fail.

These are only three of dozens upon dozens of mistakes that Pearl and I see in the college financial aid and admissions process.  Tonight, we’re going to help you avoid as many of ’em as humanly possible.

www.CS4L.tv

Our webby is about three topics, actually:

  1. Getting into a top college
  2. Getting grants and scholarships
  3. Choosing a list of colleges that can actually help you succeed POST-college

I’d consider it a personal favor if you would forward this email to anyone and everyone you know who needs this info.  I can pretty much guarantee that they’ll want to buy you a steak dinner, take you to see Hamilton  and be your BFF for-eva!

We’re going live at [7:30] pm, I will have a helpful gift ready and waiting for you.

And, we’ll be live AND unscripted in the chat box, where anything goes and anything can happen (like last week, when the whole webinar went dark. That was…fun.)

More importantly, We will open things up to Q&A so you can get your questions answered.

www.CS4L.tv

Here’s what’s on the table:

  • How to navigate the financial aid process, including what forms to file and WHEN to file them
  • Common financial aid mistakes that will “rob” you of financial aid and scholarships you otherwise deserve
  • How six figure-earning families can receive five figure financial aid awards, even if they think, “Families like us can’t possibly qualify!”
  • College essay  – what to write, what NOT to write, how to get ’em done
  • How to stand out in a “Sea Of Sameness” when you have the same grades and standardized test scores as 5,000 other competitor-applicants
  • The inconvenient, politically-incorrect truth about what college admissions officers are really looking for in a candidate
  • Plain facts about how much grades and standardized test scores “count”
  • How to get something out of college more than what you put in (i.e. PAID)
  • More!

This class is free to attend and we have not configured a replay.   Here’s where to sign up:

>>>>>>>>REGISTER FOR WEBCLASS HERE

Hope you can stop by!

-Andy “The Mensch Of Mistakes” Lockwood

Pearl and Andy Lockwood host The College Success for Less Show and are attorneys-turned "late stage" college finance consultants. They coach select college-bound teens on the process of choosing and getting into top colleges that will prepare them for success post-college, and they help "Forgotten Middle Class" obtain tuition discounts of 46.3% or more, even if they think they cannot qualify for anything.

Andy wrote two #1 Best Selling books, "How to Pay 'Wholesale' for College," on financial aid strategies, and "The Incomparable Applicant," on admissions tips and tactics.

Pearl, a former prosecutor in Queens County, NY, received her B.S. from Cornell University. Andy received his B.A. from Wesleyan University (where he was a member of (not "played for") the basketball team). They each received a J.D. from St. John's University Law School, where they met on the first day. Awwwww.

More information about their college admissions and financial aid planning service is available at www.CollegePlanningGuru.com.