College Connection Newsletter
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As discussions prior to the holiday are full of economic moans and groans, parents and students are wise to plan ahead for college expenses. In this quarterly eNewsletter we'll keep you "in the know" with tips to help you weather the economic storm, some great books for holiday reading, news from the world of standardized testing, and advice for student athletes.
Feel free to forward this newsletter to friends and family who you believe will benefit.
We wish for you some quiet time over the holidays to appreciate all that is meaningful.
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Money Talk - It's time to make your plan.
by Nikki Mathews
As the nation's economic crisis hits an all time low, you may find yourself scrambling for money for college. Last year two-thirds of graduates completed their four year degrees with over $19,000 in student debt. The credit card companies are wildly marketing to college students with offers of free ipods and more!
Here are a few tips to avoid the pitfalls of student debt:
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Make a budget. A budget is a spending plan to help control expenses. Come up with different categories like food, clothes, and fun. Then, estimate a monthly spending amount for each one.
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Get a job. Having a job will help you learn responsibility, gain professional skills and experience, and put some spending money in your pocket.
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Write down everything you spend for one week. Then add it all up at the end of the week. If your total was a positive number then keep doing what you are doing. If your total was a negative number try to cut down spending or work more hours.
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Open a Checking account. This is a great way to learn about careful money management, handling credit cards, and paying bills on time.
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Start implementing your fiscal plan today!
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In the Know...
The College Board just announced a new policy called "Score Choice". Beginning in 2009, high school students will be able to choose whick SAT scores colleges get to see. Check out the article on usnews.comcalled "Kids Can Pick Which SAT Scores a College Sees', by Lucia Graves. The new policy is designed to reduce the stress that students experience, knowing that if you have a bad test day - college admissions offices don't need to find out about it! The new policy states that students will optionally have the ability to choose test scores by sitting day to send off to schools.
Next SAT Test
December 6th - Late fees will be required after November 5th
Next ACT Test
December 13th -- Lates fees will be required after November 7th
Register now to avoid penalties!
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