Is There a Scholarship Awarded With Your Letter of Acceptance?

Is there a scholarship awarded with your Letter of Acceptance?

Students who submitted college applications weeks ago are receiving Letters of Acceptance already. Those affirmations make everyone happy. Congratulations!


It is not uncommon, not at all, for a scholarship to be awarded along with the acceptance letter. That is also a good thing and, again, congrats.

What is it not, however?

  • It is not truly a scholarship as much as it is a discount off of the price. In other words, no money will ever exchange hands. The college is just offering to charge you less.

  • It is possible the scholarship is for only the first year; not renewable for years two, three and four. Be sure to ask.

  • It is contingent. Contingencies include your senior year of high school grades, your personal deportment both in school and in your community (i.e. don't get busted for doing something stupid) and whether you commit by any deadlines mentioned in the letter.

  • Finally, and most important, it is not the final and formal offer of financial aid. That will come, typically, in late March/early April.

What is that scholarship then?

An enticement to commit before you hear from any other colleges.

Therefore, wait. Wait until at least the end of 2020. By then you will likely have heard from every college to which you applied. If, by then, there are schools from which you have no formal letter of acceptance (or denial of admission) call the school(s) and check on the status of your application.

That last thing reminds me to remind you to check NOW with every college on your list. Make certain they have every requirement in hand. Don't wait. Deadlines are hard stops in college admissions.

Next time let's talk about Wait List and Spring Admission.

Posted in College Planning, College Planning Strategies. Tagged as #collegeplanning, #collegescholarships, #financialaid, #financialaidoffer, #howtopayforcollege, collegeacceptanceletter, scholarshipsforcollege.

Is Community College a good option after high school?

Is Community College a good option after high school?

You're going to hate me for this answer, but it is, in fact, "Yes and no."

YES:

  • For students who are borderline academically qualified for college-level academics. The academic rigor of college is harder than of high school. Most four-year colleges demand more academically than most community colleges.

  • For students who desire expressly to earn a technical certification and enter the job market from there. No one should consider that choice as lesser than attending a four-year college. It is simply a different choice. Every adult knows, once in the work force, job performance determines career advancement.

NO:

  • For families who think it will save them money. If any money is saved, and that is a proposition easily challenged from the data, the amount saved is modest compared to what is missed.

  • For students who think a community college will help them figure out what they want to major in, and what career they want to pursue (with the exception of a technical certification, as mentioned).

The original question (Is community college a good option?) reveals an underlying issue that parents and students should address. Why go to college?

  • To find direction for life as an adult? At $25,000 per year (or more) those are expensive directions. Instead, consider getting a job and learning what it takes to earn $25,000 in a year. Enlist for military service and be trained in a career-quality skill, mature as a young adult and, upon completion of active duty feel a sense of accomplishment.

  • Because that's what others are doing? That is seldom, if ever, a good reason for doing anything. To reiterate, get a job instead. Find out how hard your parents work to provide for your family. Save most of the money for college. Pay taxes. That's an education, too. 

Posted in College Planning, College Planning Strategies. Tagged as #collegeplanning, #collegeplanninglkn, #communitycollege, #howtopayforcollege, #payingforcollege.

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