Showing posts with label 香柏木大学财务规划. Show all posts
Showing posts with label 香柏木大学财务规划. Show all posts

Wednesday, August 24, 2011

Danville Express - Town Square Topic

Danville Express - Town Square Topic
Beyond the Right Fit in College Admissions
Doing college, posted by Elizabeth LaScala, a resident of another community, on Aug 22, 2011 at 6:06 pm
Elizabeth LaScala is a member (registered user) of Danville Express

Dear Dr. LaScala,

We always hear about colleges being the �right fit� or a �good match� for a student. What are specific and concrete ways we can help our son (and us) figure out what colleges will be right for him to apply to. He is already a senior and we are getting a late start.

Sheila M.

Dear Sheila,

The concept of �fit� in college admissions has penetrated our communities to the point that the term has become less meaningful due to overuse. But to use an old clich�, we should not �throw the baby out with the bath water.� By now, most seniors have considered factors such as region (east, west, north, and south) and type of environment (urban, residential, and rural). Seniors should also understand the differences between a small liberal arts college that is more focused on undergraduate teaching, a large research university that often houses several different schools or colleges, and a specialty school like a music conservatory, art institute or military academy. Some liberal arts schools have names that include the word �university� and universities often house a �college of arts and sciences.� Nomenclature is less important than the actual mission of the school�which is exactly what you need to know. The response to your question must go beyond the general notions of �fit� and help you to understand how your student needs to focus on the specific information he needs to make informed decisions about where to apply. Readers who are juniors in high school can use these suggestions over the next year. Seniors should focus on them right now because they are critical to their current college search and selection.

Collecting Basic Objective Information:

Often the most difficult part of understanding something is deciding what questions to ask. Here are some important ones:

1. What is the academic profile of the typical freshman and how does your academic profile compare? Here, you are trying to ascertain if the school offers the right amount of challenge for you and assess your chances of admission.

2. What percentage of the freshman class returns for sophomore year? Less than 70% is cause for concern. You want to know why students do not return. Concerned deans, attentive advisors, proper admissions decisions, and strong academic programs should be able to keep rates high.

3. What percentage graduate in 4 years? A 6 year graduation rate is commonly reported, but you should learn the 4 year rate. Also, understand the factors that may influence these rates. A small concern is finding out that many students take a course in the summer quarter following their senior year and are not included in the 4 year graduation rate. A much larger problem is a low 4 year graduation rate linked to students� inability to get into their major classes.

4. What are the class sizes for specific years, required courses, and courses in your major area of interest?

5. What is the composition of the student body?

Examine breakdowns by gender, minority group, and geography. Will you be happy with a student body that is 65% female? What about being one of the few out of state residents in your class? Remember that diversity tells you at least 2 things about a college: the institution is attractive enough to draw students from beyond its own region and offers students the opportunity to learn from each other.

6. Financial aid questions are always important. Carefully research the financial aid options offered by the college.

College Board�s 2011 College Handbook is an excellent resource to obtain some of the above information. There are many other resources as well.

Here are some additional factors to consider:

1. How well does the college prepare students for life after graduation?

What percentage of the student body applies to graduate school (professional schools like medical and law as well as masters and doctoral programs)? How many of these are accepted and to which schools? How many and which companies recruit on campus? Which majors are most heavily recruited and into what type of jobs? What is the average salary range for these positions? An active campus Career Counseling and Placement Office will have this type of information.

2. What is there to do for fun?

It is a truism that you learn as much out of the classroom as in it. Whatever college you attend, it is going to be your home for the next 4 years. It is important to know as much as you can about what activities are both on campus and in the surrounding community. If you love rock-climbing, does the athletic center have a wall? Or is there an affordable gym nearby that does? How much of the student body remains on campus over the weekend?

3. What about the campus visit?

It is better to see with your own eyes than rely upon the views of others. The campus visit is the most valuable experience you can have to evaluate a college. You may consider the visit as an educational insurance policy. Visiting can rule out a school or bring much needed passion and sincerity to your college application essay (in particular to the question �Why our college?�). You will have the opportunity to evaluate what students wear, how they live, your reactions to them, the campus and the nearest town or city. Take time to observe and try to do some active participation: attend a class, eat in the cafeteria, visit the library, work out at the gym, and arrange an overnight stay if possible.

Do your homework before you apply to colleges and you will enjoy your college years all the more.

Elizabeth LaScala Ph.D. guides college, transfer and graduate school applicants through the complex world of admissions. She develops best match college lists, offers personalized interview and essay coaching, and tools and strategies to help students tackle each step of the admissions process with confidence and success. Elizabeth helps students from all backgrounds to maximize merit and financial aid awards. Contact her @ (925) 891-4491 or elizabeth@doingcollege.com.

Monday, May 3, 2010

大学教育财务规划(4)----和FAOs (奖助学金审批官)打交道。

如果你对大学给的奖助学金不满意,怎么办?听之任之?你完全可以用坚定,友好的口气和他们再协商的。他们很可能怕失去你而向您妥协。

其 实,大学的FAOs不愿意你了解助学金审批的复杂性。如果父母不了解的话,就只能对FAOs听之任之了。

如果你的孩子申请一个私立大学,那个大学的FAOs对你说:“没办法,联邦条例不要允许我们给你助学金。” 那么,他肯定在欺骗你。因为每一个私立大学都有不受联邦条例约束的奖学金基金。

很多大学,特别是有竞争性的大学,先给你偏低的助学金,等着你和他们讨价还价。但是,大学不是车行,不能随意讨价还价。你不满意,也不能上告,因为国会授予FAOs 最终决定权,他们还可以根据特殊情况,特殊处理。如果你要和FAOs协谈,最重要的是,你要先懂,能拿出相应的特殊情况的文件证明。

和FAOs 协谈(以写信的形式)一定要有礼貌,要让他能站在你的角度着想。千万不能惹火了他们,他们不是你的敌人,是帮助你的人。

如果你的薪水不错,不要用情绪用语。因为FAOs的薪水并不高,可能收入比你的低。要有理有据。FAOs 经常被教育部审查,他们不能随意多给的。

不能要求某个具体数字。给大学的FAOs写信的人最好是学生,不是家长。

对于同等的大学,你可以拿一个大学的offer和另一个谈。也许他们会match。

对中等收入家庭,好的GPA(>3.75)和修更多的honor及AP课,都能有助于得到更多的奖学金。

在现在的经济形势下,申请读大学的人数有在上涨,和FAO 讨价还价越来难了。如果你排在waitinglist上,你如果声明不要奖助学金的话,很可能会增加录取可能性。

"Presidential Scholarship" or "Trustee Scholarship" 只是给成绩优秀的学生,不由FAOs决定。

所以,功课好,就能帮父母省钱了。

大学教育财务规划(3)---- 奖助学金的种类

1.Grant and Scholarships

这是谁都想得到的。完全是free money, free tax!

Grant 是从联邦政府,州政府或大学来的。

Scholarshis 从大学自己来的。

2. Federal Work-Study (FWS)

联邦政府提供的part-time 工作,薪水用于学费。

3. Student Loan

以学生的名义贷款。有政府资助。利息很低。学生毕业后才开始还。学生在校期间没有利息。



虽然你填了申请表,但是,给哪一种,给多少,助学金审判官有很大的空间决定。如果该大学很想录取这个学生,可以完全不顾他的家庭状况而给予 grant 或scholarship。

你拿到的奖助学金是一次性的,还是每年都有的?不少大学为了吸引好的学生去那个大学,只给一年的。以后就再谈了。

4. PLUS (Federal parent loans for undergraduate student)

以父母的名义贷款。从第一天开始就要付利息,而且利息不低。是没办法的办法。

Wednesday, April 28, 2010

大学教育财务规划(2)---- 申请助学金初步知识

家庭最困难的人不一定是拿到最多助学金的人。最了解助学金审批过程的人,是得到助学金最多的人。

听起来不公平,但是是合法的。道德吗?见仁见智。有人说,我们已经付了很多税了呀。政府的助学金里有你的贡献。税务局想尽办法收我们的水道德吗?

大学的Financial Aid Officer (FAO) 是很愿意尽力为你从政府拿到钱的。这样,就可以保护学校自己的财产了。

不论税法多复杂,市面上有很多软件,还是可以算改交多少税。financial aid的计算公式是什么?连FAO也不知道。FAO 是把你填的表送去给the need analysis company 来计算的。

申请助学金的第一步,是填FAFSA (free application for federal aid)。FAFSA 用的是federal methodology 来决定EFC (expected family contribution),即家庭承受力。

许多私立院校还需要 CSS/ Financial aid profile (由college board制作)。个别私立大学还有他们自己的表格。 他们用一种institutional methodology 来决定助学金的申请资格。



不管哪种表格,大概都要了解父母的收入及资产,孩子的收入及资产。

上大学的费用包括: 学费,住宿费,个人开销,书费及杂费,旅行费。Your “need” = 上大学的费用 — EFC = 你可能达到的助学金数

所以,理论上贵贱大学对你来说,只是“need”的多少。像ivy的大学,你的“need”就大,得到的aid就应该多。而事实上,很多名校如果他们很想录取某个学生的话,父母可能不用付什么。也许这样的学生进州立大学反而需要花更多呢。

Tuesday, April 27, 2010

大学教育财务规划(1)先洒几滴雨

1. 最大的奖助学金来源是政府:联邦政府和州政府。

2. 大学自己也提供大量的奖助学金。

3. 5% 的奖助学金是各种名目的小有名气的小奖。

4. 绿卡和公民得到奖助学金没有差别。

5. 每个学校有自己的sticker price。记住,那只是个“sticker price 标价”。每个学校的学费不同,同一个学校不同学生付的价钱也不同。

6. 进便宜的大学,你可能拿不到什么financial aid,而进一个贵的大学,可能你会得到一笔大的奖助学金。

7. 要在大学录取之前申请financial aid。等到拿到录取通知书,可能你的机会已经失去了。

8. 有房户,没工作的家庭,都可能得到奖助学金。

9. 许多州政府和大学都有一些专门对第一代大学生(父母没有大学毕业)的助学金。

10. 到哈佛可能比去UC 要付费少!

Wednesday, May 27, 2009

大学财务规划 (2. 提出申请)

申请financial aid的第一步是要填写Free Application for Federal Student Aid (FAFSA)。

Students can complete an application online at www.fafsa.ed.gov
and submit it directly to the Central Processing System (CPS). They
can also correct any of their previously submitted data except for the
Social Security number (SSN).


FAFSA 申请的递交是从每年的一月一号开始。最佳的申请日期也就是一月一号。先到先得。

The financial aid award year runs from July 1 of one year through June 30 of the following year.

The financial aid processing period, which is a 21-month period, begins in January and extends through September following the close of the award year.

Title IV Student Financial Aid

Federal financial aid programs for students attending postsecondary educational institutions, authorized under Title IV of the Higher Education Act of 1965, as amended (HEA). The programs are administered by the U.S. Department of Education. Title IV student aid programs are:

Financial Aid Award Processing period


.正确填写FAFSA很重要。
个人information部分: 学生和父母的基本informaiton, 在美的身份等等。
前一年的税表1040. (收入)
父母和学生的资产。
要得到Financial Aid,就要有低的收入和少的资产。
降低收入的办法有三个: 1. 不工作或少工作,2. 对有生意的人家,有一定的expense。 3. 增加抵税额,如401K, IRA, SEP 等。
资产怎么算呢?先告诉大家不算的部分: 人寿保险不算,年金不算,所有的退休金账户都不算,自家住的房屋不算。
算入部分: 银行账户,投资账户,529 plan,Coverdell Education Plan,投资房的equity部分等。

FAFSA的目的是要计算EFC,即家庭能付的费用, Estimated Family Contribution。 读大学的费用减去EFC,即所需要的financial aid的额度。
  • 20% of a student's assets (money, investments, business interests, and real estate)
  • 50% of a student's income (after certain allowances)
  • 2.6%- 5.6% of a parent's assets (money, investments, certain business interests, and real estate, based on a sliding income scale and after certain allowances)
  • 22%-47% of a parent's income (based on a sliding income scale and after certain allowances)
529 和 Coverdell 教育基金都是5.6%计入EFC。
UGMA, UTMA属于student的assets,所以, 20%计入EFC。其红利,利息等作为student的income计入EFC。 所以尽量不要让孩子拥有资产。

因为填写FAFSA用的是前一年的information,所以家庭财产规划要至少提前一年进行。


Tuesday, May 26, 2009

大学财务规划 (1. Financial Aid?)

大学学费和住宿费等年年涨,怎么办?
能因为费用问题,不让孩子读书?或者不敢生孩子?

告诉你:
今年,美国教育部预备了$83 billion多的financial aid准备给60%的大学生。

谁能申请到financial aid呢?怎样申请呢?

undergraduate students的financial aid有三种形式: grants, loans, or work-study wages.
Graduate students can receive loans and work-study but not FSA grants. ( federal student aid).

1. Grant (Programs)

Gift aid programs that require neither repayment nor a work obligation from students. FSA grant programs for students include:

  • Federal Pell Grant Program: A federal grant program for undergraduate students with financial need.
  • Academic Competitiveness Grant (ACG) Program: .

    ACGs are awarded to first-year and second-year full-time students who are receiving Pell grants, are U.S. citizens, and who have completed a rigorous high school program such as an advanced or honors diploma program.

    Beginning in 2009–2010, ACGs will also be available to students who are eligible noncitizens or, on a reduced basis, to those who are enrolled less than full time.
    (是不是还是入公民好?)

  • National Science and Mathematics Access to Retain Talent Grant (National SMART Grant) Program: A Title IV grant program for Pell grant recipients in their 3rd and 4th year of study who have a cumulative GPA of at least 3.0 on a 4.0 scale and who are enrolled in eligible academic majors in math, the natural sciences, engineering, technology, or certain foreign languages.
  • Federal Supplemental Educational Opportunity Grant (FSEOG) Program
  • Teacher Education Assistance for College and Higher Education (TEACH) Grant Program (Note: TEACH grants to students who do not fulfill their teaching service obligation convert to Direct Loans.): Non-need based grants for undergraduates, graduates and professional students who agree to meet the teaching requirement.
2. Loan

介绍两种联邦助学贷款计划:

William D. Ford Federal Direct Loan Program:

  • Direct Subsidized Stafford Loan low-interest loans for financially needy undergraduate and graduate students. The U.S. government does not charge interest on the loan while the student is in school.
  • Direct Unsubsidized Stafford Loan low-interest loans for undergraduate and graduate students. Students are responsible for the interest over the life of the loan, including time when they are in school. (not based on need)
  • Direct PLUS Loan Direct PLUS loans are for parents to help pay the college expenses of their undergraduate dependent children and for eligible graduate and professional students to pay for their education. (not based on need)

Federal Family Education Loan (FFEL) Program:

  • FFEL Subsidized Stafford Loan
  • FFEL Unsubsidized Stafford Loan (not based on need)
  • FFEL PLUS Loan (not based on need)
The FFEL Program is regulated by the federal government, but the money comes from banks or other private lenders. Notice that the terms and conditions of the FFEL Program are similar to those of the Direct Loan Program.

.还有对某些特定学生的联邦贷款计划:

  • U.S. Department of Health and Human Services Programs
  • U.S. Department of Interior Programs
  • Educational Assistance for Veterans and their Dependents
  • AmeriCorps
3. Work-Study

An employment program that provides paying jobs for students who needs work to earn a portion of their education expenses. The Federal Work-Study (FWS) Program is an example of such a program that is federally funded.

能得到多少和怎样的financial aid, 和学生的 Enrollment Status (full time, three-quarter time, half time, or less-than-half time)息息相关。



而每年教育部给每个教育机构的款项Campus-based funds用于

Federal Supplemental Educational Opportunity Grant (FSEOG) Program,
Federal Work-Study (FWS) Program,
Federal Perkins Loan Program]

Financial Aid分发的guideline是由国会和教育部定的。但具体给谁,该给多少则完全有学校来定。



This table shows the annual award/loan limits for each program.
Pell Grant Up to $4,731 for 2008-09
Academic Competitiveness Grant (ACG) $750 for the first year and $1,300 for the second year.
National SMART Grant $4,000 for eligible third- and fourth-year students.
TEACH Grant Up to $4,000 per year.
Federal Supplemental Educational Opportunity Grant From $100 to $4,000 a year. (It may be as much as $4,400 for study abroad.)
Federal Work-Study No annual award limit
Perkins Loan up to $4,000 a year for undergraduates
and $6,000 a year for graduate/professional students
Direct and FFEL Stafford Loan (subsidized and unsubsidized) Annual award limits for subsidized and unsubsidized loans depend on the students' dependent/independent status, and how many years of study they have completed.
Direct PLUS Loan FFEL PLUS Loan A parent's PLUS Loan added to the student's other financial aid cannot exceed the student's cost of attendance. Likewise, PLUS loans to graduate/professional students combined with their other aid cannot exceed their COA.


另外还有一些非联邦的助学计划,来自:

  • private organizations
  • state agencies
  • postsecondary institutions