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Ten Ways To Save Money On College Costs

Hibu Websites • Dec 14, 2021

Homework Hub is now your college hub!

10 Ways To Save Money On College Costs


While college costs are continually rising, many families search for ways to control costs while still ensuring a quality education for their child. Below, are ten ways in which families are able to reduce expenses, minimize a reduction to their retirement accounts and lower the dollar amount of loans needed to fill the gap. 


As with other transitional times in life, communication amongst the family is key. Parents should communicate with their children in regards to financial expectations in the selection of a college or university and the children should be encouraged to express to their parents both their academic and social wishes for the next four years.


Please note that the list below contains some key ideas as to how to save money on the cost for college. It is not an all inclusive list and may not be right for every family. Planning strategically should start when the child is a high school sophomore or junior. But these tips below will give you some ideas for consideration as you begin to plan for this exciting time in your family’s life!


1. File both the FAFSA form and CSS Profile form early and correctly. Even if you feel that you will not qualify for need based aid, fill out the forms anyway to ensure that your child is considered for merit scholarship dollars.


2. Search for colleges in which your child will be in the top 25% of their class or, in some other fashion, positively stands above and apart from the other applicants. This will help with the acquisition of merit scholarships (even possibly from other schools through negotiations)!!


3. If considering public universities, do not only consider out of state public universities which typically come with a higher price tag. Many in state public universities provide the same academic and social opportunities with a more affordable price tag.


4. Consider the anticipated return on investment upon completion of your child’s college career. Will a top dollar school guarantee a top dollar career? Or, with your child’s intended major, will a top dollar school not make financial sense?


5. Determine if your child is able to contribute to college costs via work/study programs. These programs, while not only providing your child with work experience and a paycheck, tend to help students with time management and thus, typically lead to improved grades, improved resume and more career and graduate school opportunities.


6. Compare the cost of college books from various sources including the school bookstore, Amazon and Chegg. Consider options such as renting, purchasing used, or buying books that are only available online. Sometimes, surprisingly, the school bookstore may have the best pricing!


7. Determine if it is necessary to purchase the school’s medical insurance for your child. You may save money if your child is able to remain on your existing insurance plan.


8. If your child plans to go to graduate school, search for combination undergraduate/graduate degrees in his/her intended major where you and your child can potentially save one year of college/graduate tuition along with room and board.


9. Consider, if appropriate, your child living at home and commuting to school for at least a portion of the four years.


10. Develop a plan with your child early on. For many children, they do not graduate in four years but rather five or six. All with additional tuition and housing expense... Discuss expectations with your child so that there is minimal possibility for extension of his or her undergraduate education.


As always, communication is key. As a family, make sure to share goals, concerns and expectations. This will minimize potentially unanticipated surprises, reduce stress and keep everyone on the same page during this exciting time in your child’s life!


Ideally, the above tips will negate the possible need for student loans, but, if needed, there are ways in which to minimize costs there too!


At Homework Hub, we are here to help navigate this maze towards college!


For more information on Financial Aid form preparation, strategically planning for and applying to college to maximize merit and/or need based aid as well as finding scholarships, please contact Homework Hub at 516-423-2543 today. Homework Hub’s College Financial Coach is looking forward to working with you and your family!


By hwh 25 May, 2023
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By hwh 12 May, 2023
Before leaving school for the summer, students should make sure to request their letters of recommendation as they are a crucial part of their college application. Typically, a student's counselor and two teachers complete these letters, but it is important to check each school's website for specific application requirements. Private colleges usually require at least one counselor and one or two teacher recommendations. Many colleges consider these letters to be of considerable or moderate importance in their admissions decisions. Therefore, students should ask their teachers for letters early, especially if they are having a successful year with a particular teacher. Although the letters of recommendation do not need to be submitted until the fall, teachers will have more time to give the letter more thought and write with more substance. These letters can also help determine who is awarded scholarships and who is admitted into a school's honors program, so it is essential to secure excellent recommendations and maximize their effectiveness. Here are some tips to help students secure excellent letters of recommendation: Build strong relationships with teachers and counselors Choose someone who teachers a core subject Ask for the letter in person Provide necessary information and materials Meet deadlines and follow up with a polite reminder Thank teachers for their help and support. Build strong relationships with teachers and counselors: When choosing who to ask for a letter of recommendation, it's important for students to choose wisely. Ideally, they should request a letter from a junior year teacher who has taught them in a core subject area. The teacher should know the student well enough to write a thoughtful and insightful recommendation that highlights the student's class performance, whether that means improvement, outstanding achievement, or both. The recommendation should reflect the student's talents, abilities, and contributions in the context of the classroom. It's important for students to ask a teacher whose class they actively participate in and get good grades. For online learning, the student should choose a class where they regularly participate in virtual discussions and activities and have their camera turned on during live sessions. Ensure that the person writing the recommendation is someone who has a favorable opinion of the student. Since most of the time students and parents won't have access to the letter, it's important to choose someone the student feels at ease with. Choose someone who teaches a core subject : It is important to choose a teacher who teaches a core subject. Some colleges require that at least one (or all) recommendation letters must be from a core subject teacher, which includes math, English, social science, science, or world language. If additional recommendation letters are allowed, students should think about the subjects or activities they are most involved in. For instance, someone in a research program may include their program director as an additional recommender. Moreover, a yearbook editor coach, or other adult mentor may provide a supplemental recommendation. Ask for the letter in person: Prior to adding a teacher's name as a recommender in the Common Application or Coalition Application, it is important for students to directly ask the teacher if they would be willing to write a recommendation. This demonstrates that the student values the teacher's time and opinion and is committed to the application process. If speaking to the teacher in private is not feasible, the student can send an email to request the recommendation. Only after the teacher has agreed to write the recommendation should the student add the teacher's name to the application. Provide necessary information and materials: After receiving confirmation from the recommender, it is essential for students to provide them with all the necessary information that they can use to write a strong letter and submit it on time. This includes the student's full name, email address, phone number, college deadlines, and specific examples of the student's achievements, improvements, or contributions in that teacher's subject and class. It is recommended that students only provide their resume to their teacher if they are asked to do so, as it may give the teacher a better overall picture of the student. It is important to remember that the recommender will likely write one general letter to be sent to all the schools the student is applying to, so the letter should not be tailored to any specific school. Meet the deadlines and follow up with a polite reminder. It's important for students to keep track of the deadlines for each application type and make sure that their recommenders are aware of the deadlines as well. They should give their recommenders enough time to write a thoughtful letter and submit it before the deadline. It's a good idea for students to follow up with their recommenders a few weeks before the deadline to make sure that they have everything they need and are on track to submit the letter on time. Thank teachers for their help and support: It's important to note that giving a gift card to a teacher or recommender is not necessary or expected. Teachers and recommenders are there to help students and want to see them succeed. A heartfelt thank-you note or a small token of appreciation, such as a handwritten card or a baked treat, can be a thoughtful way to express gratitude. For more information about letters of recommendation, please visit: https://www.homeworkhubtutoring.com/copy-of-college-advisory or c all 631-673-7250 or text 516-423-2543 to learn more.
By hwh 14 Apr, 2023
The testing organization will administer the first digital PSAT test in fall of 2023 and the first digital SAT in the US in March of 2024. College Board recently confirmed that the fall of 2023 PSAT test will be the first digital test available. However, any national SAT tests or SAT School Day tests administered during a school test day in the fall of 2023 will be on paper. The PSAT test will change to a digital format beginning in the fall of 2023. Schools and testing centers in the U.S. will offer the first digital SAT test in the spring of 2024. The PSAT/NMSQT and PSAT 8/9 will be delivered digitally in 2023 with the PSAT 10 following in 2024. (The last pencil and paper PSAT 10 will be given in spring 2023) The SAT test will last approximately two hours, which reduces overall testing time by about an hour. The new digital format will be adaptive, meaning it will vary slightly from student to student. The new digital format will consist of two modules of varying difficulty. After the first module, one of two potential second-stage modules will be administered. The difficulty of module 2 is dependent on module 1 performance. On the digital version, questions that test similar skills and knowledge are grouped together and arranged from easiest to hardest. The most significant changes to the new digital version of the tests will be within the reading and writing sections. College Board confirmed that this move to a digital format will change some aspects regarding the content of the test, though the new digital test will continue to evaluate the same core skills of reading comprehension, making inferences, evaluating informational graphics, editing for grammar, and editing text to achieve a rhetorical purpose. Here are some key differences on the reading/writing sections: The digital version of these tests will feature more direct questions and short excerpts instead of full-length reading passages: 25-150 words per passage compared to 350-750 words per passage on the current version, with one question per “passage.” Average time per question on the new digital format is 1.19 minutes compared to 1.25 minutes on the current version. On the reading section, there will be no more line references on the new digital version. Instead, portions of text are underlined. On the reading section of the digital version, “Craft & Structure” makes up 28% of the questions, with “Information and Ideas” accounting for 26% of the questions. On the writing section of the new digital test, “Standard English Conventions” accounts for 26% of the questions (compared to 21% on the current version), and “Expression of Ideas” 20% (compared to 25% on the current version). College Board has also announced the following changes to the math sections when it shifts to the digital format: Students will be allowed to use calculators on every math question of the new digital test. Students can use their own calculator or use the calculator built into the exam application (Bluebook aap). Average time per question is 1.6 minutes on the new digital format, compared to 1.25 minutes (no calculator) and 1.45 minutes (with calculator) on the current version. The new digital test will contain shorter word problems—generally 50 words or less. “Grid-ins” are now called “free response.” There appears to be a slight increase in the number of more difficult math questions, but the same four concepts are tested: Algebra I and II, geometry, and trigonometry. Scoring out of 1600 Implications for students: Class of 2023 (Current 12th Graders) These changes will not impact students who attend high school in the US and will graduate in the Class of 2022 or the Class of 2023. They’ll graduate before the PSAT or SAT test transitions to the new digital format. Class of 2024 (Current 11th Graders) For U.S. students, these changes will only affect Class of 2024 high school students who decide to take the test during the spring of their 12th grade year. As mentioned above, College Board will offer the first digital SAT test in the US during March of 2024. We strongly encourage students to complete testing prior to 12th grade to allow for more time to focus on college applications. Class of 2025 (Current 10th graders) This past fall (fall of 2022), many 10th graders took a paper PSAT test. In 11th grade (October 2023), they will take the digital PSAT test. It’s important to note here that College Board has indicated that instead of a handful of in-school test dates for the PSAT digital test in the fall of 2023, schools may decide on a test date any time during the month of October. Check with your high school counselor to know exactly which day you can expect to take the test. For SAT tests taken through December of the 11th grade, students will take the paper version. Starting in March of 11th grade (2024), they will take the new digital SAT® test. Class of 2026 (Current 9th graders) This class will be the first to be impacted by a purely digital testing environment for the PSAT and SAT tests. Since the test content will remain consistent, students still need to acquire and practice math and verbal skills. The Reading and Writing Test (Digital) (Reading and Writing are not separate sections) Two modules: 27 questions per module (computer-adaptive) 32 minutes per module Built-in timer Highlighting and leave a note for yourself capabilities Mark for review option Can eliminate (cross out) a choice Types of Questions: All four-option multiple choice questions Vocabulary – Fill in the blank with the best word or phrase v Reading Questions Reading Questions Content Prose fiction Poetry Nonfiction (science, social studies, social science, graphics) Types of questions Function of underlined sentence Fill in the blank Point that weakens or strengthen claim § Best choice to complete the text Main idea or main purpose Interpretation of data Critical reasoning Writing Questions Complete the text with the choice that conforms to the conventions of Standard English Use a student’s notes to complete a specific task The Math Test (Digital) Two modules: 22 questions per module § 35 minutes per module 75 % four-option multiple choice 25 % student produced responses Calculator use for the whole math test Built-in graphing calculator or student’s own calculator Access to a list of common formulas Built-in timer Can cross out eliminated choice Can mark a question for review Content (arranged from easiest to hardest) Algebra Advanced math(absolute value, quadratic, exponential, polynomial, rational, radical, and nonlinear equations) Problem solving and data analysis Geometry andTrigonometry Scoring 1600 scale Reading and Writing: 200-800 Math: 200 – 800 For more information about the digital PSAT/SAT please visit https://www.homeworkhubtutoring.com/act/sat-elite-test-prep or call 631-673-7250 or text 516-423-2543 to learn more.
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