August 2, 2013

             Reporter: Claire Roberts     Editor: Ron Brown         Photographer: Leander Hauri                   

President:  Hays Englehart 2013 - 2014          


 

Ron Melvin forgot to put up the flag so he contributed to the club fund...

 

THOUGHT FOR THE DAY -

 

Good thoughts Nancy

Nancy Baglietto....in honor of our guest speaker, Elizabeth LaScala

 

"An education isn't how much you have committed to memory or even how much you know...

It is being able to differentiate what you know and what you don't know."

 

 

Guests...

 

Kathe Nelson - Walter's adult supervisor joined us in honor of Walter's birthday

 

Birthdays and Anniversaries and other special occasions...

 

Happy, happy Walt

Walter Nelson's birthday is TODAY!! No singing allowed...

 

After some denial, Charlie Franklin celebrated his 13th Club anniversary...

 

Chuck Bove celebrated his wedding anniversary and his fourth anniversary of Club membership

 

Jeff Hawkins celebrated his wedding anniversary by going camping with 17 kids - we may need to verify with Jenny that it was as great a celebration as Jeff claims.

 

Patrick Harpole celebrated his first anniversary as a member of the Club!

 

Announcements...

 

District Conference in Chico...Rob Roy will be going to the party! 20% of the proceeds go to the District...quite affordable. Please register ASAP

 

February 12th - Joint meeting with the Lafayette Lunch club at the Town Hall Theatre

 

Keep on tracking!

Vocational Minute - Dan Herbert: Dan is a VP at a software company supporting companies for international logistics and supply chain management.

PROGRAM

 

Elizabeth A. LaScala, PhD is today's speaker. Her topic is College Affordability.

Dr LaScala has the facts!

 

Dr. LaScala is the founder of Doing College and Beyond. Originally from New York, Elizabeth attended Hunter College, earned her B.S. and continued with medical school at the University of Michigan. She received her Master's Degree in Public Health while at Michigan. After a number of years working in LA in public health research and project management, Elizabeth earned her PhD from UCLA in the behavorial sciences and education.

 

Here in the East Bay, Elizabeth founded Doing College and Beyond to guide students and their families through the increasingly complex college admissions process; teaching them to understand college affordability and develop personalized college lists that take academic and financial fitness into account within public and private university systems.

 

Elizabeth provides personalized guidance to students headed for college, helping them to prepare strong, cohesive applications. She also works with transfer and graduate school applicants. Elizabeth is a well-recognized, regular education columnist for print and electronic media and a sought-after speaker at conferences, schools, civic organizations, financial planning associations and learning centers throughout California.

 

Today, Elizabeth shared her expertise with us and gave us an inside look at financial aid and college admissions.

And here they are

 

PRESENTATION FACTS:

 

By 2020 65% of jobs will require some college

 

Attending College is still a smart move for students as it increases lifetime earning power. With a high school diploma, lifetime earnings average $1.4million. With a college BA/BS the average doubles to $2.8 million.

 

Student debt loads are ever increasing. In 2011 66% of students carried debt.

 

Definitions:

COA - Cost of Attendance

EFC - Expected Family Contribution is $27,000 and 'Need' varies based on cost of college/university the student is attending.

 

Largest Sources of College Cash:

44% from Federal government - household income and family size are drivers

36% from Colleges - a source of 'free cash' open to all income levels

9% from State governments - low income and merit

6% Private Scholarships - small amounts of money; do not reduce your EFC

 

Colleges see different level of need:

      Full need <$23K family income per year

  • eligible for all grants/aid available

      Partial need - EFC varies by income, family size, number of children in college

  • same EFC for attending public/private schools and regardless of amount of scholarships
  • EFC ranges are $11-$30K
  • Academic profile is very important here - not differentiating as well as we used to
  • Strategy - apply to private college; it is time consuming but you can do the research yourself

      Merit Category - EFC can cover full COA

  • EFC: $55-99K
  • Colleges are competing for your money
  • Standardized test scores and grades increase in importance if you don't want to pay full sticker price
  • Colleges can make incorrect calculations so be careful
  • US News says 'elites' do not offer merit - because they don't have to

 

Strategic Enrollment Management (SEM)

  • This is a new field
  • Colleges are looking at hiring consultants or in-house resources to use available cash strategically in order to attract the best and the brightest
  • SEM increases full pay students, net tuition revenue streams
CALENDAR

Friday, 8/9 7AM - Becky Jenkins, Al Salavador
Tuesday 8/13 6PM - Board Meeting, BHG Orinda
Friday, 8/16 7AM - Jeopardy!
Friday 8/23 7AM- Public Speaking made easy
Friday 8/30 7AM - Mini Exposures
Friday 8/30 5PM - TGITLFOTM at Cal Shakes

Friday 9/6 - 7AM - Debra Saunders, SF Chronicle
Tuesday 9/10 6PM- Board Meeting
Friday 9/13 7AM - BART, inside scoop
Friday 9/27 TGITLFOTM, Chuck Bove 
Saturday 9/28. 8AM - HOME Team, Gary's shop

Friday 10/4 7AM - Club Assembly
Tuesday 10/8 6PM - Board Meeting
Friday 10/18 - District 6150 Adventure, Chico
Friday 10/25 5:30 PM - TGITLFOTM, leander Hauri

Saturday 11/23 8AM - Home Team, Gary's shop
  
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Rotary Club of Lamorinda Sunrise
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