Weed out the schools your clients can't afford - before they even apply!
Let me help you help your clients.
Would your clients benefit from knowing what a particular college would cost them before they even apply for admission? Of course!
The right fit for a college also includes the right financial fit. If a family can't afford a particular college, shouldn't they know that as soon as possible? Why let a student fall in love with a college that his family can't afford?
A typical college search:
- Junior year: The family works with an admissions consultant to identify colleges that are the right fit (academically, socially, etc.).
- Junior year and summer: The family visits colleges and determines which ones "feel right". The student finds his "dream school".
- Senior year: The student applies for admission and financial aid, gets accepted to his "dream school", but finds that the financial aid award makes it impossible to attend.
- Outcome:
- With only weeks to go before the May 1 deposit deadline, the family scrambles to find other schools that are a "financial fit".
- Disappointed, the student attends a different school with a better financial aid award.
- The family decides to "bite the bullet", and let the student attend the "dream school" that they can't afford. Either the family and the student incur LOTS of debt for the degree, or the student has to transfer to a different (less expensive) school during or after his freshman year.
A college search using the "College Net Price Analysis":
- Junior
year: The family works with an admissions consultant to identify
colleges that are the right fit (academically, socially, etc.). The consultant orders a "College Net Price Analysis" to determine which of the schools are a financial fit for the family.
- Junior
year and summer: The family visits colleges that the admissions consultant has determined are a fit academically AND financially. The student finds his "dream school".
- Senior
year: The student applies for admission and financial aid, gets
accepted to his "dream school", and receives a financial aid award that makes it possible to attend.
- Outcome:
- The student attends his "dream school", and is not overly burdened with loan debt.
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