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In Memoriam

14 of Financial Aid’s Biggest Myths Debunked

Education

The U.S. Department of Education’s office of Federal Student Aid provides around $112 billion in federal student aid annually. Yet Student Aid’s FY 2021 Annual Report found that only about 61% of high school students applied for financial aid.

Here are the top 14 myths about student aid, debunked:

Myth 1: The Free Application for Federal Student Aid (FAFSA) form costs money.

FACT: Nope! The FAFSA form is free. The quickest and best way to fill it out is on fafsa.gov. Don’t complete your FAFSA form on websites that charge fees.

Myth 2: My family’s income is too high for me to qualify for financial aid.

FACT: That’s one of the most common financial aid myths, but there’s no income cutoff. Most people qualify for some type of financial aid, which range from grants and scholarships to loans and work-study programs. Many factors besides income — such as your family size and your year in school — are considered to create your financial aid package.

When you submit the FAFSA form, you’re also automatically applying for state funds and possibly financial aid from your school, including grants and scholarships. In fact, some schools won’t even consider you for their scholarships (including academic scholarships) until you’ve submitted a FAFSA form. And you can’t know how much financial aid you’ll get until you fill it out.

Myth 3: The FAFSA form is really hard to fill out.

FACT: Most people can complete their first FAFSA form in less than an hour. If it’s a renewal or you’re an independent student who doesn’t need to provide parents’ information, it can take even less time. Online, you’re asked only the questions relevant to you. And if you’ve filed your taxes, you can transfer your tax return data into your FAFSA form automatically.

Myth 4: I’m not eligible for financial aid because of my ethnicity or age.

FACT: Absolutely not. While schools have their own eligibility requirements, federal student aid eligibility requirements do not exclude based on ethnicity or age.

Myth 5: The FAFSA form is only for federal student loans.

FACT: Not at all. In fact, the FAFSA form is one of the most widely used tools to access student aid: one application for multiple types of funding. When you complete the FAFSA form, you’re automatically applying for everything from grants and scholarships to work-study funds and loans from federal, state, and school sources. States and schools can also determine scholarships and grants using your FAFSA information. And the funding can be substantial.

Myth 6: The FAFSA form kicks off on Jan. 1, and you have to submit it by June.

FACT: Nope! You have more time than you think. The FAFSA form is available on Oct. 1 for the next school year and there are three FAFSA deadlines: federal, state, and school. But the sooner you submit your FAFSA form, the more likely you are to get aid.

Remember, too, that when you submit the FAFSA form, you’re also automatically applying for grants, scholarships and loans from states and schools, which may have earlier deadlines than the federal deadline. If you’re applying to multiple schools, check their deadlines and apply by the earliest one.

Myth 7: I need to file my 2022 taxes before completing the FAFSA form.

FACT: No, you’ll use your 2021 tax information to apply for student aid for the 2023-24 award year. You do not need to update your FAFSA form after filing your 2022 taxes because only the 2021 information is required. If your financial situation has changed in the last year, you should still complete the FAFSA form with the 2021 information, submit your FAFSA form and contact the financial aid office at the school you plan to attend to discuss how your financial situation has changed.

Myth 8: You have to have good grades to get a financial aid package.

FACT: Applying for admission into school is different from applying for financial aid. Good grades may help with academic scholarships, but most federal student aid programs don’t consider grades for your first FAFSA form. In subsequent years, you’ll have to meet certain academic standards defined by your school (also known as satisfactory academic progress) to continue receiving financial aid.

Myth 9: Since I’m self-supporting, I don’t have to include my parents on the FAFSA form.

FACT: Not necessarily. You need to know how the FAFSA form defines a dependent student. The form asks questions to determine your dependency status. You’ll also need to learn who is defined as a parent for FAFSA purposes. Requirements for being considered an independent student go beyond living on your own and supporting yourself.

Myth 10: I should not fill out the FAFSA form until I’m accepted to school.

FACT: That’s another widespread FAFSA misconception. Do it as soon as possible. To receive your information, the FAFSA form requires you to list at least one school, but you should list any schools you’re thinking about, even if you haven’t applied or been accepted. And don’t worry ― schools can see only their own information; they will not be able to see other schools on your FAFSA form.

Myth 11: I only need to submit the FAFSA form once.

FACT: You have to fill out the FAFSA form every year you’re in school to stay eligible for federal student aid, but filling out the renewal FAFSA form takes less time.

Myth 12: I should contact the U.S. Department of Education’s office of Federal Student Aid to find out how much financial aid I’m getting and when.

FACT: No, the financial aid office at your school is the source for that information. The U.S. Department of Education’s office does not award or disburse your aid. Remember — each school awards financial aid on its own schedule.

Myth 13: The Expected Family Contribution (EFC) is the amount you have to pay for school.

FACT: The EFC is not the amount of money your family will have to pay for college, and it is not the amount of federal student aid you will receive. The EFC is a number your school uses to calculate how much financial aid you are eligible to receive. Other factors ― the largest being the cost of your school ― contribute to determining both the amount and type of aid you receive.

Myth 14: I can share my FSA ID with my parent(s).

FACT: Nope. If you’re a dependent student, you will need your own FSA ID to sign your FAFSA form online, and so will one of your parents. An FSA ID is an account username and password that you use to log in to certain U.S. Department of Education websites. If you share your FSA ID, you’re risking identity theft and your FAFSA form could be delayed.

Source: studentaid.gov

Meet the 2023 National Teacher of the Year

Education

Rebecka Peterson smiling at students creating artwork at their desks

The Council of Chief State School Officers (CCSSO) has announced that Rebecka Peterson, a high school math teacher, is the 2023 National Teacher of the Year.

Peterson has taught high school math classes ranging from intermediate algebra to advanced placement calculus for 11 years at Union High School in Tulsa, Oklahoma. A proud immigrant of Swedish-Iranian descent, Peterson is passionate about making mathematics engaging, relevant and accessible to all students, no matter their background.

Amid a difficult first year of high school teaching, she founded “One Good Thing,” a collaborative blog for teachers to track the good things happening in their classrooms. She credits daily posting there to helping her recognize the beautiful and positive experiences occurring in her classroom, which inspired her to stay in the profession. She has since contributed 1,400 posts to the blog. As Oklahoma Teacher of the Year, Peterson has visited teachers across the state to highlight their important work through the Teachers of Oklahoma campaign.

As the 2023 National Teacher of the Year, Peterson will spend a year representing educators and serving as an ambassador for students and teachers across the nation. She plans to spend her year elevating teachers’ stories of the good happening in the classroom in the hope of continuing to encourage current teachers and attract new educators to the profession. She believes that when we take the time to learn each other’s stories, we are more open to searching for the places where our values intersect.

“Everyone has a powerful story to share. Listening to the stories of my students, and those of my fellow educators across Oklahoma, has helped me grow personally and professionally,” Peterson said. “I believe that listening to one story after another has an exponential positive impact. It is an honor to be able to share the stories of our country’s brilliant students and dedicated educators as the next National Teacher of the Year.”

CCSSO’s National Teacher of the Year Program identifies exceptional teachers across the country, recognizes their effective work in the classroom, engages them in a year of professional learning and amplifies their voices.

Rebecka Peterson-Lily Chris Photography

“Despite the challenges of the past few years, joyful, innovative learning is taking place in classrooms across the country every day. I look forward to the new ways Rebecka will help shine a light on the stories of good things happening in our schools,” said CCSSO Chief Executive Officer Carissa Moffat Miller. “I am proud CCSSO has had the privilege to support excellent teachers like Rebecka through the National Teacher of the Year Program for more than 70 years.”

Every year, exemplary teachers from each state, U.S. extra-state territories, the District of Columbia and the Department of Defense Education Activity are selected as State Teachers of the Year. From that group, the National Teacher of the Year is chosen by a selection committee composed of 17 individuals and education organizations.

The Selection Committee said in a statement: “Rebecka is a caring and passionate educator who understands the importance of connections and providing individual supports for students, both in her math classes and beyond. She has a deep knowledge of both education policy and teaching practices and understands that sustained change at a small scale can make a big difference for students. We know people across the country will connect with the stories she shares as the 2023 National Teacher of the Year.”

“Rebecka has inspired our children in the classroom—but we all know that her work is not done yet, and she will inspire millions of others in her very young but distinct career. Rebecka has changed the lives of countless students; she impacts all those around her and makes everyone better. She finds potential not only in our children, but in our teachers as well,” Oklahoma State Superintendent of Public Instruction Ryan Walters said. “She represents Oklahoma’s future and reassures us all that the future is bright. I wholeheartedly support Rebecka for Teacher of the Year, and on behalf of all of Oklahoma, we are proud to call her our own.”

The National Teacher of the Year Program is sponsored by Google for Education, Equitable, Pearson, Cambium Assessment, Cognia, Curriculum Associates, Data Recognition Corporation, ETS, GoGuardian, MetaMetrics, NWEA, Smarter Balanced and Voya.

Source: Council of Chief State School Officers

Application Open: STEM Scholarship for Black Women

EducationSTEM

Young Happy Black Woman Looking at Camera and Smiling. Using Laptop Computer in STEM class

BestColleges is excited to announce that we are now accepting applications for our inaugural scholarship opportunity for Black Women in STEM.

This scholarship is part of BestColleges’ ongoing commitment to supporting students, particularly those from historically marginalized communities, by providing them with opportunities for success. Black women remain underrepresented in STEM fields, despite the growing demand for talent in these industries.

Eligibility Requirements

In order to participate in the scholarship, applicants must meet the following criteria:

Must be a Black woman who is pursuing a science, technology, engineering, or mathematics (STEM) degree at a four-year college or university
Provide one letter of recommendation
Write a 500-word essay that describes their interests and motivations for pursuing a career in STEM

All essay submissions should be sent: https://www.bestcolleges.com/scholarship/

To find out more about our scholarship opportunity, please visit our official scholarship page

Billionaire Robert Hale Gave Grads $1,000 Cash In Envelopes At Ceremony

EducationSTEM

Billionaire Robert Hale doled out millions of dollars recently to 2,500 graduates at the University of Massachusetts, Boston — giving each one $1,000 in cash as they accepted their diplomas—the latest billionaire donation for students, as the price of tuition skyrockets.

Hale, the commencement speaker at UMass Boston, gave students two envelopes that each contained $500, the Boston Globe reported.

The billionaire co-founder and CEO of Granite Telecommunications told seniors to keep one of the envelopes for themselves, and donate the other to a charity of their choice, calling it a “gift of giving”—though whether they donate the money is up to them.

For Hale, the sudden loss of $2.5 million only represents a drop in the bucket of his $5 billion net worth, according to Forbes’ valuation.

It’s also his second time giving college graduates cash: Hale in 2021 handed $1,000 to all 270 graduating students who attended their commencement address at Quincy College, several miles outside Boston.

$15,535. That’s how much in-state students pay per year in tuition and mandatory fees at UMass Boston, a predominantly commuter school, according to the school’s bursar’s office. For out-of-state students, one year at UMass Boston costs $37,211, just below the average price of tuition at a private college in the U.S. ($37,600, according to the National Center for Education Statistics), and well below the price of Columbia University, the school with the most expensive college tuition in the country ($69,986).

Read the full article posted on Forbes here.

College Majors With the Best Return on Investment

EducationSTEM

female collge grad in cap and gown opening champagne

By Cole Claybourn, U.S. News & World Report

Engineering and health-care majors top the list for ROI.

It’s no secret that college is expensive.

Both private and public institutions ranked by U.S. News saw tuition increases for the 2022-2023 academic year, according to data submitted in an annual survey. Average tuition and fees at ranked private universities was about $40,000, while ranked public universities cost nearly $23,000 for out-of-state students and $10,500 for in-state students.

In turn, the average student loan debt continues to rise, currently clocking in at about $30,000 per borrower, according to U.S. News data.

Though students may encounter difficulties paying for it, college is a worthwhile investment when done wisely, experts say. In 2021, the median weekly wage for full-time workers age 25 and older who had at least a bachelor’s degree was $1,334, compared to $809 for those with only a high school diploma and no college, according to data from the U.S. Bureau of Labor Statistics.

What a student studies can further affect the calculation. Certain degrees yield a better return on investment than others, according to data from the Georgetown University Center on Education and the Workforce.

Degrees in science, technology, engineering and mathematics, known collectively as STEM, the data shows, are among those with the highest ROI.

“STEM careers continue to offer highly competitive salaries in the job market,” Jackson Gruver, a data analyst at online salary database Payscale, wrote in an email. “These ‘hot’ jobs rely on specialized skill sets that are hard to come by. Such talent scarcity drives up the demand for these workers along with their pay. Whether it’s engineering, medical or data sciences – these laborers will see an abundance of opportunities in the job market that compensate well.”

Georgetown’s CEW analyzed data from the U.S. Department of Education’s College Scorecard to determine a list of 34 degrees with the highest ROI. It uses four categories to determine which degrees hold the most economic value: median monthly earnings net of debt, median monthly debt payments, median annualized earnings net of debt, and median debt.

Read the complete article and more STEM news on U.S. News & World Report here.

High school senior accepted into 180 colleges, awarded $9 million in scholarships

Education

Black hight school senior Dennis Maliq Barnes, who applied to 200 colleges, wearing suit speaking into microphone

A Louisiana high school senior who applied to 200 colleges and universities says he has received acceptances to 180 of them, an impressive 90% success rate that’s only rivaled by the $9 million in scholarships he’s been awarded as well.

Dennis Maliq Barnes is in his senior year at International High School of New Orleans, where he has accelerated his studies and completed his 10th and 11th grades early.

The 16-year-old, who goes by Maliq, said he started his college application process last fall with the help of his guidance counselor Denise James.

“It was never a journey that I would say that I started initially with the anticipation of being in a record or getting X amount of money. It was just kind of a process trying to get into school, just being a college-bound student,” Maliq told “Good Morning America.”

Maliq said he hopes to major in computer science in college and attend law school in the future.

Read the complete article and more from ABC News here.

PHOTO: Courtesy of International High School of New Orleans.

6 STEM Scholarships You Should Know About

Diversity in STEMEducation

Just about every career in the STEM field requires some form of university-level education. However, this doesn’t mean that you have to spend every penny you own and then some to pursue your dream job.

Whether it’s through federal funding, non-profit organizations or individual donations, there are tons of scholarship and grant opportunities for students wanting to pursue the world of STEM.

Here are just a few of the scholarships that you can apply for:

The Society of Women Engineers Scholarship

Since World War II, the Society of Women Engineers (SWE) has been doing all they can to support the needs of women engineers across the country. One of the ways they do this is through the SWE Scholarship Program, which provides varying fund amounts to those identifying as women and studying in undergraduate or graduate programs in the STEM field. While the specific amount you can receive varies, the program gave away over $1,220,000 in scholarships in 2021 alone. All students, from incoming freshman to graduate students, may apply but freshman must fill out a separate application form.

Amount: Varies
Number of Scholarships Given: Varies
Application Dates: Applications usually often in December for upperclassman and the following March for freshman
How to Learn More: swe.org/applications/login.asp

The American Institute of Aeronautics and Astronauts Scholarships

The American Institute of Aeronautics and Astronauts (AAIA) is an organization dedicated to supporting the future generation of people interested in the aerospace field. One of the ways they do this is through their scholarship program, where undergraduates and graduates alike can fill out a single application and be eligible for consideration for up to three scholarships from their program. To apply, you must be at least a sophomore in college and a member of AAIA.

Amount: $500-$10,000
Number of Scholarships Given: Varies
Application Dates: Varies
How to Learn More: org/get-involved/students-educators/undergraduate-scholarships-graduate-awards

USDA/1890 Scholars Program

The USDA/1890 National Scholars Program is a partnership between USDA and the 1890 historically Black land-grant colleges and universities. The program provides full tuition, employment, employee benefits, fees, books and room and board each year for up to four years for selected students pursuing a bachelor’s degree in agriculture, food science, natural resource science or a related academic discipline at one of 19 designated 1890s land-grant colleges and universities. The scholarship may be renewed each year, contingent upon satisfactory academic performance and normal progress toward the bachelor’s degree. Scholars accepted into the program will be eligible for noncompetitive conversion to a permanent appointment with USDA upon successful completion of their degree requirements by the end of the agreement period.

Amount: Full Tuition Coverage
Number of Scholarships Given: Varies
Application Dates: Varies
How to Learn More: gov/youth/scholarships

Science, Mathematics and Research for Transformation (SMART)

In a collaboration with American Society for Engineering Education and the Department of Defense, the Science, Mathematics and Research for Transformation (SMART) program is for students wanting to go into engineering, biosciences, chemical engineering, civil engineering, chemistry and cognitive, neural and behavioral sciences. In addition to full tuition coverage, SMART students will receive health insurance, mentoring, internship opportunities and a guaranteed job offer from the Department of Defense. Applicants must be at least 18 years old, have a minimum of a 3.0 GPA, be available for summer internships and are expected to accept the job position offered to them upon completing their education.

Amount: Full Tuition Coverage, plus more
Number of Scholarships Given: Varies
Application Dates: Varies
How to Learn More: org/smart

NOAA Undergraduate Scholarships

NOAA Office of Education’s student scholarship programs provide opportunities for undergraduate students to gain hands-on experience while pursuing research and educational training in NOAA-mission sciences. The Hollings and EPP/MSI Undergraduate Scholarship share a common application and students who are eligible for both programs are encouraged to apply to both. To be eligible, you must be a sophomore at a four-year university program, a junior at a five-year university program or a community college student transferring to a university.

Amount: $9,500 per academic year plus paid summer internship opportunities
Number of Scholarships Given: Varies
Application Dates: Opens October 2022/Closes January 2023
How to Learn More: noaa.gov/office-education/hollings-scholarship/prospective

The S-STEM Program

Recognizing that financial aid alone cannot increase retention and graduation in STEM, the National Science Foundation (NSF) founded the S-STEM Program, a fund that provides awards to institutions of higher education (IHEs) to fund scholarships and to adapt, implement and study evidence-based curricular and co-curricular activities that have been shown to be effective in supporting recruitment, retention, transfer (if appropriate), student success, academic/career pathways and graduation in STEM. While most of the students who receive this award are studying an area of the STEM field, proposals can be made for funds to be given to students who meet the same qualifications, but are studying a high-demand industry. The amounts distributed depend on the institution.

Amount: Varies
Number of Scholarships Given: About 75-90
Application Dates: Varies
How to Learn More: beta.nsf.gov/funding/opportunities/nsf-scholarships-science-technology-engineering-and-mathematics-program-s

Sources: The College Consensus, National Science Foundation, USDA, NOAA, SMART Scholarship, AIAA, Society of Women Engineers

Big Ticket STEM Training to Develop the New Generation of the Innovators of the Future

Education

Female architects discussing ideas for the new project

Your diverse background might be your ticket to personalized training and world-class mentorship from the best engineers across the tech industry

Science, Technology, Engineering and Mathematics, collectively known as STEM make up the fastest-growing and highest paid fields in the U.S. with diverse job opportunities in careers ranging from senior engineers, programmers to operations director, yet diverse professionals are underrepresented in the industry.

A Pew Research report finds uneven progress in diversifying STEM fields. It reports that while Hispanics make up 17% of employed adults, they represent only 8% of STEM workers. Blacks, according to the report, make up 9% of STEM workers, but make up 11% of employed adults.

According to the report, current trends in STEM degree attainment appear unlikely to substantially narrow these gaps. Black and Latino/Hispanic adults are less likely to earn degrees in STEM than other degree fields, and they continue to make up a lower share of STEM graduates relative to their share of the adult population. And while women now earn a majority of all undergraduate and advanced degrees, they remain a small share of degree earners in fields like engineering and computer science – areas where they are significantly underrepresented in the work force.

Nowadays it’s imperative that STEM students have some type of internship experience on their resume that will enable them to stand out from the competition as well as provide some real-work scenarios to talk through during job interviews. Though the main objective is to get experience, some students might find a job opportunity. That’s a real win-win for any student.

“At IOScholarships our priority is connecting untapped talented STEM students with scholarship and internship opportunities to help them achieve their academic and career goals,” said María Fernanda Trochimezuk, Founder of IOScholarships.

Netflix is launching a new program with Formation to build a world where people from every walk of life have a seat at the table in tech. Their program will be completely free of charge for students accepted and it is designed to unlock the student engineering potential with personalized training and world-class mentorship from the best engineers across the tech industry.

This program was built to provide rising senior college students from historically marginalized groups with the technical training, senior engineering mentorship, and career coaching they need to prepare them for Netflix engineering roles. Most importantly, it will help bridge the skills gap, and improve diversity head-on.

The program is an intensive, hands-on experience requiring a minimum of 15 hours a week and participants can opt-in to the maximum 40 hours a week. The program is 100% remote and requires applicants to be fully dedicated to the program to be considered. Applications close on March 5^th. For more information visit https://formation.dev/partners/netflix

Who should apply?

College students pursuing a BS/BA in technical field (Computer Science, Engineering, Math, Statistics) graduating in Spring/Summer 2024. Students who come from historically underrepresented backgrounds or identities in the technology industry are strongly encouraged to apply.

For more internships – and the opportunity to see scholarships that perfectly match your credentials and career aspirations – check out IOScholarships

ABOUT IO SCHOLARSHIPS

The majority of the scholarships and internships featured on the IOScholarships website come directly from corporations and organizations, rather than solely from competitive national pools – thereby maximizing the number of opportunities students have to earn funding for their education and training for their careers. Each month IO Scholarships adds hundreds of new curated scholarships to its database and posts “The Scholarship of the Week” on its Instagram social media account (@IOScholarships), making it easy to find new scholarship opportunities.

In addition to providing scholarships, IO Scholarships website offers a free scholarship organizer, news articles designed to provide guidance on how to apply for scholarships, and money saving tips. The platform also offers a Career Aptitude Quiz designed to help students identify the degrees and professions that best fit their skills.

For more information about IOScholarships visit www.ioscholarships.com or for STEM scholarships email [email protected]

This Awesome STEM Toy Teaches Coding for Kids Without Using Screens

Diversity in STEMEducation

Student playing on the floor with the Mochi Adventure game

by FUTURISM CREATIVE

Learn With Mochi gives kids the basics of computer programming in a playful, hands-on way.

Everyone wants the best education possible for their kids. But it’s hard to find enriching activities that don’t involve setting them in front of yet another screen. And teaching them the fundamentals of STEM seems nearly impossible when you’re limiting screen time. And according to data from Engineering For Kids, STEM workers earn 26-percent more than people without a STEM background. So if you want to give your young children a competitive edge without adding more screen time, you need to know about Learn With Mochi, an award-winning screen-free game that teaches coding for kids ages three-to-nine.

With Learn With Mochi, kids learn the basics of computer programming in a playful, hands-on way as they explore STEM subjects without the use of addictive screen time. That’s because Mochi is your child’s first screenless computer. It takes computer-programming commands, executes functions, and gives audio feedback in a low-pressure, fun way.

Every Mochi Aventure Kit includes these basic components: the Mochi Computer (where kids place the coding commands or blocks), coding blocks, Mochi Bear (a stuffed animal), Lego-compatible Rover, and the play mat (the environment that Mochi is exploring). Together these parts allow your child to absorb the fundamentals of coding without exposing them to more screen time than necessary.

Mochi has three Adventure Packs to choose from. The starter pack, Mochi Basic 1 Book Adventure Pack, covers everything your child will need to grasp the fundamentals of STEM education. This includes Mochi bear, Lego-compatible Rover, Programming board with 12 coding blocks, and Mochi’s Planets Story set (includes story map). Plus, every Mochi kit comes with a SD card that provides unique songs, music, and even audio of the Mochi books.

However, if you’re little one needs a more in-depth kit to help further their STEM education, try the Mochi Starter 4 Book Adventure Pack. The 4 Book Adventure Pack has everything the 1 Book Adventure Pack does, but also incorporates Mochi’s 4 Story Adventure Sets (Planets, Animals, Earth and Biology). This 4-book instructional pack will guide your children on adventures in a variety of STEM subjects, not only educating them, but also stimulating their natural curiosity.

Click here to read the full article on Futurism.

Top Tips for Making the Most of Your MBA

Diversity in STEMEducation

Young student holding books and carrying a backpack, smiling to camera

By Amelia Hopkins

An MBA is a huge investment, and for what it’s costing you, you want to get as much as possible out of the course.
You might think that, having studied at undergraduate level, you already have a good idea about how to make the most of higher education. But, studying for an MBA is entirely different and requires a different set of skills and preparation.

Here are our top MBA tips for choosing the right business school and making the most of your time when you get there:

Getting the most out of your MBA experience

Applying to business school is a very time-consuming process. MBA candidates have to research numerous MBA programs, cram for the GMAT, write multiple admissions assays and prepare b-school interviews.

With so much to do in the admissions process, it’s easy to forget that it’s only just the beginning of your MBA journey. To make sure you get the most out of your MBA experience, here are a few tips:

Come up with your financial plan
Focus on the full MBA experience
Network anywhere and everywhere
Be proactive during your MBA program
Evolve your career goals as you go
Apply for as many summer internships as possible
Don’t get intimidated

But before you land a spot on the MBA program of your dreams, there are a few things you can do beforehand…

Visit business schools

The best way to understand the culture of an institution is to visit it. By looking around the campus, speaking to current students and faculty and seeing the facilities in person, you’ll be able to assess if the school fits with your personality and goals.

If you live too far away to visit, a virtual tour, coupled with thorough research, will give you a fair indication as to whether the school is a good match for you.

Speak to MBA alumni

No one knows an MBA course better than alumni, so try to speak to several ex-students about their experiences. Given the way we all feel about our alma maters, you’d be hard-pressed to find anyone who’s not willing to share their experiences. Try to pick those whose interests match your own, to provide you with an accurate vision of what could be in store for you.

Research yourself online

Before applying, look at your public profiles — how are you representing yourself? Either make all your social media profiles private or clean them up so that you’re presenting yourself in a mature and professional way.

Find your way around campus

There’s nothing worse than getting lost on your first day, so avoid that fate by looking around your institution before your classes begin. Take your timetable and walk to every class beforehand, so you’ll be able to find your way there easily when you need to. Most institutions offer tours of the various departments and facilities, so take advantage of these too.

Start growing your network

A big part of an MBA course is the non-academic side of things. Networking and making contacts are a major reason for attending business school, so make the most of the opportunity. Introduce yourself to everyone you can, and spend time getting to know your classmates and professors. Particularly seek out those with different backgrounds to your own. This is one of the best chances you will have in your life to meet such a diverse range of people.

Join clubs

Extra-curricular activities are not only an enjoyable way to meet people and break up your school-work schedule, they also help to impress potential employers. Most clubs will have a ‘try it’ session, so attend all the ones you’re interested in and pick a number to actively participate in. If you can, secure a leadership position in a society, as this looks fantastic in future job applications.

Think about your career

It’s easy to get swept away by the MBA experience, but remember what you’re there for: to advance your career. Make time to research your course options early on and ensure they will help in the pursuit of your goals. Speak to the careers department often and attend recruitment events to meet with potential employers.

The internship portion of your course is also very important for career progression, so prepare for it thoroughly and select a company you’d be happy working for — they might just offer you a job once your MBA is complete.

Practice your interview skills

Informational interviews offer you the chance to get a feel for the kind of interviews that you will be dealing with after graduation. They also provide the opportunity to explore different companies and introduce yourself to recruitment staff. Many MBA courses include classes which include informational interviews.

Make sure you’re organized

An MBA course requires a significant amount of juggling tasks, events and classes, so organization skills are essential. Before beginning the course, familiarize yourself with the tools you’ll use to organize your study, including study apps, planners and calendars. Once your course has started, make a timetable to plan out your time and stick to it — procrastination is your worst enemy. No period of your life will depend on your organizational and management skills more than studying for an MBA.

Engage, but don’t force your opinion

Contributing in class is essential, but that doesn’t mean you should railroad the group. If you have something to add to the discussion, do so and if you disagree with something, make that known, but don’t attempt to dominate the discussion. You’ll learn more by listening than you will by speaking, and you’ll make more friends that way too.

Find a way to relax

MBA courses are stressful, so offset this by finding a healthy way to relax. For some, it might be jogging, for others painting or reading. When you’ve found what works for you, set aside time each week to do it. Your anxiety levels will thank you.

Source: TopMBA

National Scholarship Providers Association Introduces the NSPA Exchange During National Scholarship Month

Education

graduate students in caps and gowns smiling

National Scholarship Month, sponsored by the National Scholarship Providers Association (NSPA), is a national campaign designed to raise awareness of the vital role scholarships play in reducing student loan debt and expanding access to higher education.

To celebrate, the National Scholarship Providers Association (NSPA) has announced the launch of the NSPA Exchange – the first and only scholarship metric database.

Thanks to a partnership with the Michael & Susan Dell Foundation, the NSPA Exchange was created to serve as a central access point for scholarship provider data. Currently, the database is home to metrics from over 1,300 organizations, allowing members to search details about peer providers by location, compare scholarship award amounts, eligibility criteria, program staff size, and more. All information is kept in a secure, cloud-based, centralized database maintained through a custom administration system.

“Our goal for the NSPA Exchange is to ultimately define best practices and industry standards for scholarship providers.” says Nicolette del Muro, Senior Director, Membership and Strategic Initiatives at NSPA.

“With this database, members now have the data they need to make strategic decisions. For example, of the over 15,000 scholarships in the Exchange database, the average application is open for 90 days. And 75% of these scholarships open in the months of November, December, and January. This offers applicants a relatively short window of time to apply for all scholarships. Insight like this could help a provider determine to open their application outside of the busy season or encourage them to make their scholarship criteria and requirements available online in advance of the application open date.”

“The NSPA Exchange is a great resource for IOScholarships as the information is constantly updated and enables members to review and update their own organization’s scholarship data”, said María Fernanda Trochimezuk, Founder of IOScholarships and Individual Affiliate Member at NSPA. “IOScholarships also uses scholarships from the Exchange in our own Scholarship Search, and we trust these scholarships are safe for students, vetted, and current offerings.

To learn more about this exciting new NSPA initiative click here – Launching a New Member Service: The NSPA Exchange or visit www.scholarshipproviders.org. For more details on how to sponsor the NSPA Exchange, contact Nicolette del Muro Senior Director, Membership and Strategic Initiatives at [email protected].

ABOUT THE NATIONAL SCHOLARSHIP PROVIDERS ASSOCIATION (NSPA)

The mission of the National Scholarship Providers Association is to advance the collective impact of scholarship providers and the scholarships they award. Currently serving over 2,000 individuals, they are dedicated to supporting the needs of professionals administering scholarships in colleges and universities, non-profit, foundations and businesses. Membership in the NSPA provides access to networking opportunities, professional development, and scholarship program resources.

ABOUT IOSCHOLARSHIPS

By conducting a free scholarship search at IOScholarships.com, STEM minority and underrepresented students gain access to a database of thousands of STEM scholarships worth over $48 million. We then narrow this vast array of financial aid opportunities down to a manageable list of scholarships for which students actually qualify, based on the information they provide in their IOScholarships.com profile. They can then review their search results, mark their favorites, and sort their list by deadline, dollar amount and other criteria. We also offer a scholarship organizer which is completely free to use, just like our scholarship search. There are scholarships out there for diverse students in STEM. So take advantage of National Scholarship Month and search for available scholarships today!

For more information about IOScholarships visit www.ioscholarships.com