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Author: jmkeller

Member Since: 2008-10-14 08:44:40
Website: http://www.jeankeller.com

Posts by jmkeller:

Xavier and March Madness

March 23rd, 2010 by jmkeller

I love when the “smaller” schools make their way through March Madness, don’t you? Xavier U. is one of those schools that fields a consistently strong program. Gonzaga is another one that has shown that kind of strength through the years, too. Many of my clients are sad that University of Maryland was eliminated.

What fascinates me about Xavier is that, since 1985, 100% of their players have GRADUATED! That’s huge. (Some D1 sports programs have single digit graduation rates!) There have been numerous articles and interviews with the woman who is responsible for creating the environment that makes this happen: Sister Rose Ann Fleming (you can read one of the many articles recently published here (http://www.foxsportsohio.com/pages/landing?Hoops-Heaven-Sister-Rose-Ann-Fleming-Com=1&blockID=171800&feedID=&CFID=22413633&CFTOKEN=98277540)

While interviewing this amazing woman and her dedicated work with Xavier’s amazing basketball team, the reporter mentioned that this nurturing of athletes and making sure they get an education was important because fewer than 1% of college level athletes go on to play professionally, either in the NBA or Europe.

Fewer than 1% of college level athletes play at the professional level! And that’s from the college level. And, the statistics of playing at the college level aren’t much better. According to the NCAA, “less than one in 35, or approximately 3.1 percent of high school senior boys playing interscholastic basketball will go on to play men’s basketball at a NCAA member institution”. You can see more estimated probabilities of competing in Sports beyond the High School level by clicking here

With statistics like these, I’m always amazed at the belief on the part of parents that their student will receive a sports scholarship to help pay for college. They are often spending THOUSANDS of dollars on sports between travel teams, camps, tournaments, travel costs, etc. All of this money spent often because of the hope that the student will get a sports scholarship.

Students and their families have a much better chance of landing a scholarship by investing their time and energy in doing whatever it takes to get better grades, target the right schools, put together a “kick-butt” application, deliver a compelling message that separates them from the rest of the pack and making sure the correct financial aid forms are filed accurately and on time.

Bottom line, is it is unwise to have this “all your eggs in one basket” type of mentality. You will not get the results you’re looking for. If you’re serious about making sure you don’t pay one dollar more for your child’s college education than is absolutely necessary, you must incorporate numerous strategies into your plan to get the best results.

To learn more about how you can “Find Cash For College” claim your free CD at http://www.jeankeller.com

Interested in RIT?

March 11th, 2010 by jmkeller

Events Near You: Bethesda, MD. RIT is hosing an Info Session for prospective HS juniors on March 20th. Register here: http://cot.ag/9yzKMh

College Admissions and Financial Aid Workshop

March 8th, 2010 by jmkeller

Free College Admissions & Financial Aid Seminar for Parents

March 8th, 2010 by jmkeller

Do you know the # 1 reason parents pay too much for their child’s college education?

Would you like to learn the ONE thing you can do right now to avoid this happening to you?

Join Jeanmarie Keller, founder of Keller College Services and creator of the Get NOTICED, Get IN, Get MONEY College System for this information-packed seminar. She’ll share the reasons why so many parents pay too much and how you can prevent your child’s college education from becoming an financial burden.

She’ll show you the secrets to:

So, just what is an “EFC”?

March 3rd, 2010 by jmkeller

EFC, or Expected Family Contribution is the most important number you need to know if you’re serious about planning for college! Start learning more about this all important number in this video

If you want a better college plan, you need learn the #1 Reason Parents Pay Too Much For A College Education and the ONE thing you can do NOW to keep this from happening to you! So, join me for my upcoming Free Seminar Via The Web Click Here to Register

2010 College Admissions: Record Numbers of Students REJECTED, AGAIN.

February 24th, 2010 by jmkeller

Once again, many colleges – both public and private – have been overwhelmed by the sheer number of applications. Many expressing surprise at the fact due to the economy. As a result, colleges get to say “NO” to more thumbdownkids!

Colleges love to report “acceptance rates”. Of course the flip side of that is the “rejection rate”. When a school like Harvard University reports an “acceptance rate” around 5-7%, you’ve got to remember that means that 93-95% are REJECTED. Even some state schools are getting more difficult. University of Maryland, here where I’m based, last year had an acceptance rate around 44%. That means 56% of those who applied were REJECTED.

Getting rejected is hard on students, there’s no denying it. If your student is one of those who has been rejected or knows someone who didn’t get in, sometimes the rejection is due to circumstances beyond the student’s control. One of the reasons some students who “should have gotten in” might not, can be something simple yet unexpected.

If a college experienced a surge in applications,for example, a kid who would have been accepted last year all of the sudden this year doesn’t make the grade. It happens. Again, sometimes beyond your control. And sometimes its not.

If you’ve been rejected, and are wondering why, ask yourself, and answer honestly some of the following questions:


  • Were the schools on my list realistic options? Too many “reach” schools can mean more rejection. For example, if you had a CR/M SAT score of 1080 and the 50% range for the school was 1150-1320, that school was a reach.

  • Was my application sent by the priority deadline? There is a reason they set “priority deadlines” and the kids that meet it are given “priority” consideration.

  • Did I communicate a clear, consistent “message” to help set me apart? Lack of focus in an application makes it harder for college admissions folks to say “yes”.

  • Was I able to articulate why and how that particular college was part of an overall plan for me? Again, that lack of focus might have had a role.

  • Did I have a clear understanding of what goals the college has and how I, as part of the student body, could help them achieve those goals? If you had a solid understanding of the school and it’s future goals that might provide you with some insight as to why you didn’t get in.
  • Your Assignment: IF you experienced rejection, don’t dwell on the colleges that didn’t accept you. You should self-examine to see if there were any mistakes or missteps on your part, so you can learn from them.

    This is important because in 4 or so years when you graduate, you’re going to go through the same kind of process all over again, only it’s most likely going to be companies you’ll be applying to instead of colleges.
    Instead, celebrate and focus on the colleges that did accept you — after all, you did like them enough to apply which means you should have liked them enough to attend!

Dave Ramsey and his College and Money show of Feb. 19

February 20th, 2010 by jmkeller

Dave,

I just wanted to comment on your College focused show that aired on February 19, 2010 — it’s great that you are shining a light for college-bound students and their families. Your segment with the gentleman from James Madison University was particularly interesting. I applaud James Madison (and others) for recognizing the need to educate students on better financial habits. Students and their families do need to be more “proactive” and put the work into finding resources to pay for college BEFORE they go to college. He is absolutely spot on about that. However, I was not surprised that he was recommending parents “search for scholarships”. Colleges LOVE when families put in countless hours searching for and applying for private scholarships, primarily because it saves them money.

Typically, when a student wins a $1000 scholarship from say, the rotary club, the parents are thinking “Woo-hoo! That’s $1000 we don’t have to pay”. BUT the college is also thinking “Woo-hoo! That’s $1000 dollars we don’t have to offer!” There was a bit of irony, for me, that you had on your show a representative of a college that, in terms of their financial aid packages to students, offers mostly debt (i.e. student and parent loans). The percentage of scholarship and grant money in James Madison’s financial aid packages historically averages only 25%. 75% of their financial aid offer is often debt.

Parents and students DO need to be more proactive when it comes to paying for college. They need to start planning at the beginning of high school and not wait until the beginning of junior or senior year. They need to be looking at their finances, but it’s more than that.

The students need to be taking the right classes, getting the grades, and preparing for the standardized tests. They need to position themselves to be “attractive” to the colleges, not only for admission, but also for the scholarship money that’s available from the colleges themselves. The parents need to know what they’ll be expected to pay and take any and all steps available to them to control that number.

They also need to be able to target schools that not only have the programs they’re seeking but also where the student is going but where the student is a good candidate for scholarships that are available. For families who don’t have the time or the inclination to put in the amount of work to search for 1000 private scholarships, which are, essentially a lottery, this is a more prudent use of their time that produces more consistent results.

Since 2003, I’ve helped my students and their families create an effective plan and a focused message. When used at the right schools, it consistently delivers money to help pay the bill. My families’ average financial aid packages consistently have more scholarship and grant money — the kind that doesn’t have to be paid back — than the national average. This past year alone, to date, the students I have worked with have been awarded over $8 million in total scholarships and grants. And not one penny of that money has come from private scholarships. The families I work with are saving thousands of dollars on their student’s college education. I,too, believe that students need to avoid going into mountains of debt for their college education.

I applaud your efforts to get folks to stop doing things “as they’ve always been done”. Proactive planning during high school and BEFORE college can go a long way to helping reduce the burden college debt can place on students and their families. I think it’s also great that colleges, like James Madison, are recognizing that they have a unique opportunity to help students avoid mistakes once they’re in college, too.

Keep up the great work!

Jeanmarie Keller
College Admissions and Financial Aid Expert
www.JeanKeller.com
410-715-2116

Want to learn how to eliminate the frustration and reduce what a college education will ultimately cost you? Get your free subscription to our high-content, high value weekly “College Oracle”email newsletter. Designed for parents and students, you’ll get tips, tools and articles that will help you get the college education you need without it becoming a financial nightmare. Simply go to www.JeanKeller.com and fill out the box in the upper right corner.

Will You Hit The “Sweet Spot” for College Admissions & Financial Aid?

February 19th, 2010 by jmkeller

I’ve got so much in-depth content to share with you on this new video for you about the “sweet spot” of college success. This is the formula, if you will, for college success. You know when everything is aligned and comes together — the right plan, the right schools, the right action taken – and you end up with several colleges to choose from, each of them the right fit academically, socially AND financially.

You’re going to hear about all the stuff that’s causing you and other families with college-bound students too much stress and frustration. So, if you’re wondering what “those” families are doing, you know the ones whose kids get in, get great offers and finish within 4 years, this is the formula. This is the formula I’ve used with my families that has resulted in my clients getting, so far to date, $8.2 million dollars in scholarship and grant money from the colleges themselves. That’s the “free money” that never has to be paid back — and not one dollar of it came from private scholarships from a company or community organization!

Interested in finding out how I can help you get the same results? Email me at coach@jeankeller.com and schedule a Get Aquainted Phone Session with me. Don’t wait.. every day that passes is a day of preparation lost!
Return to www.JeanKeller.com

“Will You Get Your College Results By Design or Default?”

February 11th, 2010 by jmkeller

When I meet with families looking for help with the college process, I ask parents how they intend to pay for college for their child. I often hear “we’ll pay whatever we need to – I just want my little Johnny/Jenny to be at the right school for him/her.”

But here’s the thing, paying what you need to is one thing, but paying more than you should is entirely different! Of course as parents, we’re willing to do what it takes to give our children the best foundation for success we can provide. But overpaying to do it is not a wise course of action, either.

It is possible to get your child a college education from a great school that’s the right fit academically, socially AND financially. But, “doing things as they’ve always been done”, in my experience, will not get you the results you’re looking for.

A year ago, I had a father, make an appointment with me at the end of his daughter’s freshman year of college, looking for help on how to “undo” the mistakes he had already made. Unfortunately, he had gone through the college process with his daughter, Jennifer, by “doing it as it has always been done”, and most certainly did not get the results he had been hoping for.

As he explained it to me, while they had visited a couple of colleges in the Spring of his daughter’s junior year of high school, the bulk of the work to find and get into colleges had been done fall of his daughter’s senior year. (Note from Jean: This is normal for “how it’s always been done”).

He filed the Free Application For Federal Student Aid (FAFSA) in early March when his taxes were ready , and got back the news that, according to the FAFSA, his Expected Family Contribution was $7,450. So, according to the financial aid formula, the minimum amount he was expected to pay was $7,450.

His daughter had applied to 4 colleges. 3 private, one public. She was rejected from the public university and had zeroed in on one of the private colleges as “the one”. After the bill arrived and all financial aid was awarded, this father ended up borrowing $26,450 to pay for the first year of college. He was paying $19,000 more than was necessary.

He was meeting with me because 1. He couldn’t keep paying that bill and, 2. He had 2 other children. Their college options were at risk because of the mistakes he had made with the first daughter. The frustration and sadness in this man’s voice was heartbreaking because this could have been avoided with a solid plan at the start of his child’s college process.

Compare that outcome to one of my current clients, Sarah. Her parents came to me because they felt they weren’t going to get a lot of financial aid. They were right. Because of their income they wouldn’t qualify for “need-based financial aid”. Their Expected Family Contribution is higher than the cost of attendance at most schools. But with a smart planning they still could get money to help pay the college bill.

Together, we developed a strategic college plan for their particular situation. I helped Sarah find great schools that fit her academically and socially but also ones that would say “we want you on our campus!”

So far, at the time I’m writing this, she has been accepted at five of the nine colleges she applied to. While the results are still coming in, the initial signs are fabulous. So far, this young lady has been awarded over $400,000 in total scholarship money so far from the colleges at which she’s been accepted. Not one dollar of the scholarship money she has been awarded so

Which results would you rather have? Paying more than you should or not paying more than is absolutely necessary?

Without a solid college plan, you are stuck with “whatever you get”. You could very easily end up spending more than you need to. But with some solid planning, you dramatically increase your chances of getting the money you need so you don’t pay one dollar more for your child’s college education than is absolutely necessary.

So, when it comes to getting the college education your child needs for his or her future success, will you get results by design or by default?

YOUR ASSIGNMENT: Start looking at where you’re at and get a better idea of what you want the end result to look like when it comes to your child’s college education. Here are some questions you need to ask yourself (and answer) …

How much am I currently saving for my child’s college education?

What will the colleges expect me to pay for my child’s college education?

What am I willing and able to pay per year for my child’s college education?

How much financial aid is my student eligible for?

How do I find colleges that are a good fit for my child and better for my pocketbook?

What, if any, steps can I take to arrange my finances to lower what I’m expected to pay and increase how much financial aid we can receive?

This is too important to your child’s future success. You’ve worked too hard — don’t put things off or do nothing at all. This is a defining moment in your child’s life! Hoping for the best is simply not enough.

© 2010 Jeanmarie Keller and RT Keller Associates, LLC. All rights reserved.

Want to use this article on your website or your own ezine?
No problem! But here’s what you MUST include:

Jeanmarie Keller, is founder of the Get NOTICE, Get IN, Get MONEY College System, the proven step-by-step program that shows you exactly how to get into college and get money to help pay the bill with less stress…guaranteed. To get your F.R.E.E. Audio CD by mail and receive her weekly college success articles on getting in and getting money while dramatically increasing your child’s future success, visit www.JeanKeller.com.

Still thinking applying to the local state U isn’t a big deal?

February 4th, 2010 by jmkeller

I’ve been telling my clients,( writing about it, etc.) for months that getting in to state colleges and universities is getting more difficult. Many parents still hold the opinion that the local state university is “no big deal” and that it’s an automatic safety.

Well, this just in… one of my client’s father stopped in today to drop off some financial aid paperwork and shared this little tidbit… it seems that 11 of his daughter’s friends applied to the local state university and only 2 got in for the fall semester. Several of them were admitted for Spring semester (yes, they still got in; but, they aren’t going off to school with the rest of their friends).

These are kids in the top 25% of their class, good solid grades in rigorous classes and test scores.

A friend of mine (who didn’t bring her daughter to me for help), her daughter was REJECTED from the local state U. When my friend expressed shock, I offered to look over her transcript and test scores. On the surface, she fit the profile of the typical student admitted to that school. Then I read her essay — it was vague and filled with platitudes, revealing very little about the young lady. (Unfortunately, I see a lot of essays like that, but this young lady didn’t have someone to help her.) Bottom line, a poorly crafted application made it easier for the admissions office to say “No”.

Moral: Don’t “assume” state U is a “shoo-in” or “no big deal”. Even if your student is “only” applying to public colleges or universities, you still need some help.