Business

Preparing for an Online Degree Program

The prospect of entering (or returning) to college can be a daunting challenge for most any adult, bringing anxiety and nervousness. From personal experience, I can attest that these feelings are compounded based on a fear of unknown circumstances and unfamiliar surroundings associated with online degree programs. Committing to the pursuit or completion of a degree via an online program is a significant first-step, but there are several preparations you can take that can increase the chances for success and alleviate the preparatory anxiety.

First, if you have not already done so, begin familiarizing yourself with key productivity and online applications. Most of the schools offering online degree programs require the use of software currently in use (and accepted as “standard” in the personal and business computing environment). Microsoft Office applications are some of the most common applications in use, though compatibility improvements between applications will allow the use other software products if you so desire. Access to an Internet Service Provider (ISP) is also an essential tool; I would suggest that you use a high-speed Internet connection if at all possible, as this will improve connectivity and minimize the time spent in downloading course materials and uploading assignments. You should have at least one email account through your ISP. From personal experience, I would suggest establishing a separate email account for school-related correspondence, as this will prevent inbox clutter and ensure that critical school-related correspondence will not be lost or overlooked. This will also help in controlling unwanted (spam) emails in this account, as you can set up the email client to accept correspondence from known sources.

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Do You Really Need a College Financial Aid Consultant?

Would you pay $200 to save $10,000? Or $25,000? Or $40,000? Let me start off by saying that hiring a college financial aid consultant is not absolutely necessary. Many families manage to put in the time and effort to research the financial aid process, and end up doing just fine. Having said that, I’ve seen firsthand how being uninformed and making mistakes when it comes to financial aid can lead to devastating consequences.

A friend of mine (we’ll call him Rob) is a prime example. He hired a “financial aid consultant” to help him navigate the bewildering financial aid system when his oldest son was applying to colleges. I don’t know the exact qualifications for the man who showed up at Rob’s house to “help” him, but, he was clearly not qualified. Rob’s son was subsequently admitted to the expensive private school of his choice (which was no surprise, since it wasn’t a selective school), and they paid full price for the privilege. The son graduated, and now, 4 years later, both Rob and his son are still struggling every month to cover the payments on over $80,000 in student loans. I look incredulously at Rob and ask him, “What were you thinking?!?” His response: “We just didn’t know.”

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