This article was originally written for University Parent as a part of their parent program.
Everyone likes a good bargain.
We rush out on Black Friday to get the best deals for Christmas — we stand in line in the freezing cold to save money! But do parents put as much effort and attention into finding a college bargain? Student debt statistics would say they don’t. Would you want your student graduating from college saddled with that debt? I imagine not!
College bargains do exist and if you have a student who intends to start college in the fall, it’s your job as a parent to point him in their direction. College is a huge consumer purchase which you can and should approach much as you would the purchase of a home or car. Do your research, compare the prices, and help your student choose a school that gives you the best bang for your buck.
One of my favorite movies is Mr. Blandings Builds His Dream House. In it, Mr. Blandings tells his lawyer that “some purchases you make with your heart and not your head.” As I said, I love the movie, but this is bad advice. When it comes to your college “purchase,” use your head first and then listen to your heart.
I understand that it can be challenging to get students to look at the college choice from this point of view. When my daughter was applying, all her choices were east coast private schools with huge price tags. As a parent, I wanted her to have her dream but, also as her parent, I wanted her to graduate without being burdened with debt. Her heart told her to go to the college that offered the least amount of merit aid. Her head, after a long “money talk” and re-evaluation of her second choice, led her to a school that allowed her to graduate with a small amount of student loan debt. She’s grateful every day that I guided her in that direction.
We can forget how much of an impact we have on our children. When it comes to getting ready for college, we may think that our job is very simple: to ensure that our children study. But if we provide the wrong environment or we don’t enforce it the right way, this will have a more devastating impact on their academics than we realized. To make sure our children are studying effectively, we’ve got to make sure the environment is effective so their frame of mind is ready for study. How can you make the environment and the mindset work together?
Minimizing External Stresses
We all have an inherent need to procrastinate on occasion. If you have spent a long time trying to get your children to study and were met with resistance every step of the way, it’s hardly a surprise that when they need to knuckle down and study, they will look for any reason to avoid it. Even something that is not their responsibility can be the perfect excuse. It’s about making sure that they have a conducive study area, but this means that you need to realize the impact of a perfect study area.
By creating an environment that is not too hot, not too cold, not too bright, and not too noisy is crucial. This means making sure everything is working as it should. For example, something as noisy as the air conditioning can be a distraction and if it’s not working properly, the environment will be completely uncomfortable, and there are plenty of 24 hour AC service providers that can help people. It’s about getting all those little things correct.
Studies have shown that students who spent time working during college actually do better in the classroom. Students who work must learn how to structure and manage their time to work around class assignments. This translates into not delaying assignments and scheduling time to study for exams. However, many experts suggest that freshmen students wait until the second semester to take on the added responsibility of a job. This allows them time to ascertain their academic strengths and decide whether or not a job would detract from their study time.
When college students do decide to work, there are three options available to them: on-campus jobs, off-campus jobs and internships. Each of these job opportunities has its own set of advantages.
For decades, it’s been widely accepted that applying to college is a hard, stressful and time-consuming process. Students can easily spend months on university preparation and the application process, as well as thousands of dollars in application fees. Parents aren’t always sure which universities are the best fit for their students’ needs and qualifications. The anxiety is real, and when students receive rejection letters, it can be crushing.
Parents and students who understand and plan for the cost of college are wise consumers. Before applying to college, it makes sense to plan ahead and know your options before making a decision about college. The College Board and FinAid.org provide parents and students with several different college calculators to determine college costs, the expected family contribution for financial aid, and how much student loan payments will be upon repayment. Knowing these figures will help you better plan for the costs associated with college.
As student debt numbers continue to soar and the job market becomes increasingly competitive, prospective college students care now more than ever about being able to support themselves after graduation – and their parents want to help them avoid drowning in the $1.6 trillion national student loan debt.
GradReports, recently released new proprietary Salary Scores in an effort to empower students with the data necessary to compare schools and equip themselves for a successful future. GradReports compared the salaries of over 4.6 million college graduates to determine Salary Scores for 2,200+ colleges and 334 majors.
There are hundreds of colleges who are open to late applicants. There are also colleges who have a rolling admissions policy—apply anytime for admission.
In addition, The National Association for College Admission Counseling publishes their College Openings Update list in May after the decision deadline. Using the list, you can search for member colleges and universities- both public and private- that are still accepting applications.
What is rolling admissions?
Rolling admission is an application option that allows you to apply within a window of time. This window usually opens up in the fall, commonly September 1, and lasts through the spring, or until all spots in the upcoming class have been filled.
About 1/3 of National Universities – schools that offer bachelor’s, master’s and doctoral degrees and that typically produce influential academic research – offer rolling admissions.
A potential point of confusion for students is the priority application date set by most colleges that offer rolling admissions. While many undergraduate institutions recommend that prospective students submit their materials by the priority date to have the best chance of admission, unlike with a fixed deadline, applications will still be accepted after this time.
Apply Today & Don’t Delay
Because housing and financial aid are in limited quantities, it’s important for students to move fast. Once the college’s aid is dispersed, there is no money available. Once student housing is filled, colleges will only be accepting local applicants who can commute.
Even though space is available now, when it’s filled, it’s filled. Even those colleges with “rolling” admissions eventually fill their seats.
Check With Individual Colleges
After reviewing the list of openings, check online with each individual school to see if they are still accepting applications. If necessary, speak with an admissions officer and discuss what options are still available. Once you speak with admissions, talk to financial aid about any type of merit aid that could still be available.
Other Ways to Check Available Openings
Here are a few ways you can also check for available openings:
You can look on the Common Application website, click on the Member Colleges tab at the top, search for colleges, and input the data regarding the deadlines. Choose Spring 2021 and Other 2021 and it will provide you with a list of colleges still accepting applications.
You can also search on the Universal College Application site by clicking on the Fall 2020 link to find a list of colleges that are accepting late applications or have rolling admission policies.
The College Board’s Big Future site allows you to do the same type of search but requires additional input to narrow down your search. Once your search is narrowed, you can click on the Application Deadline and see an extensive list of colleges with their deadlines posted. They are listed by date and start with January, so you will have to go to the end pages to find the schools with late deadlines and no deadlines.
The majority of students submit their college application for Regular Decision. Students can apply to as many colleges as they choose for Regular Decision, keeping in mind that each application adds to the overall workload and application fees to multiple colleges can be costly. Don’t sacrifice quality for quantity in the application process.
Every school you apply to will have Regular Decision as an option. Students applying RD will generally turn in their applications between mid-December through mid-January and hear back regarding their admissions status by March or April. Although the majority of schools set January 1st as their RD deadline, many other schools will have you turn in your application on January 15th, February 1st, or even at an earlier date, such as December 1. Because of the varying deadlines, it’s important to keep track of each college’s deadline.
One of the greatest detriments to applying Regular Decision is waiting to hear back from the college until March or April. Your friends may have applied ED or EA and you will still be unsure of where you are going to college. Waiting is hard, but if you were undecided when you he , you have had that extra time to make up your mind. This will help since the May 1 decision deadline will be close to the time you hear back from the colleges.
Another downside would be that your student will be part of a large applicant pool and standing out is critical. Be sure he or she is at the top of the applicant pool (you can check applicant stats on College Navigator or College Data) so they will rise to the top.
Why should your student apply Regular Decision?
There are several reasons why a student may opt to apply Regular Decision. Here are just a few:
If your student’s grades need improvement
Grades are a crucial part of your student’s application. A strong GPA junior year will ensure your student is competitive with other applicants. If he struggled during junior year, applying RD gives him the opportunity to show an upward trend in his grades during the fall semester which will bode favorably with admissions. Those extra few months could push him over the top in the applicant pool.
If your student hasn’t had time (or the opportunity) to visit
Applying to a college without visiting could be a waste of time. Although many campuses have squelched actual visits, students should make an effort to at least set foot on campus. If the college is open for visits, it’s a good way to demonstrate interest. In-person visits are a good way to get a “feel” for the campus and students. Many colleges have been crossed off the list simply because they just didn’t “feel” right.
If your student hasn’t started on their application
The college application requires time and effort. Waiting until the week before the ED or EA deadline is a bad idea. Rather than rushing to get the application in, it’s better to wait and dedicate the time to submitting a stellar application that will stand out among applicants.
If your student isn’t 100% sure of their top-choice
Applying RD gives your student time to consider all aspects of each college is they aren’t completely sure of where they want to attend. ED and EA applications are usually reserved for the student who has already made their college choice and wants to get into their top choice school.
If your student needs financial aid
Applying EA and RD allows your student to compare financial aid offers. As the offers of admission come in, so will the financial aid package. You and your student can take the time to evaluate the offers and choose the college that is the best financial fit. Applying ED locks you into a decision and if the financial aid is insufficient, your decision is binding. It may force you into taking on more debt than you are comfortable with.
If after reading all the stipulations for Early Decision (ED) applicants, your student may want to consider Early Action (EA). Schools generally only offer Early Decision or Early Action—not both.
The most common EA deadline is November 1; however, some colleges have EA deadlines in October. Decisions on EA applications are usually posted in mid-December. Students can apply to multiple colleges/universities that offer Early Action. EA deadlines are non-binding, meaning that if you are admitted to an institution Early Action, you are not obligated to enroll.
Early Action (EA)
Colleges that offer this option promise a quick response if you submit a completed application by their early deadline. Students admitted EA don’t have to promise to attend the college; they just want to hear back sooner than usual. Students can apply as EA candidates to several colleges at the same time, as long as they are submitting a quality application that didn’t get thrown together at the last minute.
Restricted Early Action (REA)
Sometimes known as Early Action Single Choice, REA works much like Early Action, but the student is limited in the number of other colleges where they can submit early applications — and that number is often zero. Colleges do this for a number of reasons, but they most often want the student to show a special commitment to their college without having to promise to go there. This can reduce the number of students who apply early who aren’t really thinking about why the college is right for them , and still reward the students who feel a special bond to the school.
Priority Deadline
Priority is often misinterpreted as just another name for Early Action. While Priority deadlines can be similar in timing to other early deadlines, they are not the same. Institutions that utilize Priority give the most consideration to applications received by this deadline. It is in a student’s best interest to apply by a Priority deadline when offered.
Why apply EA?
If your student is ready and has their college choice or choices locked in, applying Early Action would be a good choice if you need financial aid. Since none of these acceptances are binding, your student will have time to compare financial aid offers before the May 1 decision deadline.
Be sure to double check with the college and verify the early application deadline. In addition, make sure your student submits a strong application and not just one thrown together to make the deadline.
Early Decision has become more and more popular among students applying to college. A vast majority of students are opting to apply Early Decision to their first-choice colleges in order to get an answer before Jan. 1, rather than waiting for the regular college application cycle in the spring. Not every college offers that option, you can see the complete list here: Complete List of ED Colleges.
What is Early Decision?
Early Decision (ED) is the most restrictive of the early deadlines, ED is a binding agreement between the student and the institution, meaning that a student must enroll if offered admission. The key point to remember is that a student may apply to only one college ED. If you are admitted ED, throw confetti in the air and buy your college sweatshirt! Your college process is done. Some colleges also offer Early Decision II, which typically has a January deadline. If you were denied or deferred from one college in the first round of ED, you can apply to another college via EDII.
What are the deadlines for Early Decision?
ED application deadlines are usually prior to Nov. 1. The deadlines for Early Decision II and regular decision are usually Jan. 1. Decisions for ED applications usually arrive the middle of December. EDII decisions are usually received by the middle of February. Regular decisions usually arrive mid-March.
Why would students choose ED?
Students who have made the decision to pursue one dream college should consider applying ED. If they do, they will know before winter break if they have been offered admission. It’s a huge stress reliever that allows the student to enjoy the remaining months of senior year knowing a college decision is locked in.
And, if you apply ED, your college application will be at the top of the stack and will precede regular decision applicants, giving you an early advantage.
ED students have a significant admission advantage at many colleges. You can check out how much by visiting the college’s page at the College Data website. For instance, overall, 23 percent of Bates College applicants were admitted. But, when you look at the ED applications, 50 percent of those applicants were admitted.
What are the risks to applying ED?
The downside to applying ED is financial. Parents and students will not have the option to compare financial aid packages from multiple colleges. ED applicants could miss out on scholarship and merit aid opportunities at other colleges. Applying Early Decision doesn’t assure a generous financial aid package – and the decision is binding.
If you can’t afford to pay the tuition at the college of choice, it might be better to opt for an Early Action or regular decision application. Neither of these are binding and you can compare financial aid packages before accepting an offer of admission.
What happens when an ED student is deferred?
Being deferred means a school is still interested in a student and will review the application again with the regular decision applicants. The odds of being admitted from a deferral are slim, however. It might be time for your student to move on to other college choices and start those applications.
What is ED II?
A few colleges also offer ED II. Students who apply using this option can apply in early January and receive a binding offer of admission by February. The application deadline for this option is the same as for regular decision applicants, but these students receive word on admittance sooner and must commit upon acceptance.
Does ED mean an easier senior year?
Being accepted early does not mean a student can skate through senior year. Students who apply Early Decision will still be held to the standard of academics under which they were accepted. Since most Early Decision applications submit junior year grades, colleges will require a final senior year transcript. If the grades don’t measure up to the year’s previous grades and/or fall short of the college’s academic requirements, a college can rescind its offer of admission.
