Six Tips for Staying Sharp During Break

6-Tips_SharpDuringBreak

Winter break: a perfect time to catch up on sleep, eat wonderful meals with family and relax in front of the TV. These opportunities to recover from the stress of classes, homework and studying are important. But don’t let your time away from the classroom impact all that you have been learning. Stay sharp by engaging your mind in different activities.

Take Time to Read

A book, news or sports articles or your favorite blog. A break from typical academic reading to focus on topics that you really enjoy can remind you why you like to read before textbooks and research papers become your major source of words again.

Tutor a younger student

Helping someone master a difficult math concept, memorize the periodic table or learn about your favorite subject can benefit you both. The student you spend time with gains from your knowledge while you get a chance to look at a topic from a different point of view (you’re the teacher now, not the student).

Take an online class

If you’re in college, you may be able to take an intensive online class or two over the winter break for credit. If you’re in high school or your college doesn’t offer online classes during the winter break, check out your local community college offerings for credit or look for free online learning opportunities where credit may not be offered but interesting topics may be available. Top colleges like Yale, Harvard and MIT offer access to prerecorded lectures and courses at no cost.

Work ahead

Do you have your syllabus and books for next semester’s classes? Or do you know where you left off in a year-long class? Make good use of your down time by getting through some early reading and studying. Don’t forget to take notes about what you’re reading so that you can quickly refresh your memory when class starts back up in the new year.

Do something fun

Staying mentally sharp doesn’t necessarily mean doing work. Challenge yourself with a puzzle, arrange a family game night or create a scavenger hunt filled with riddles and problems to solve for friends. Entertaining activities can stimulate your mind and be much more enjoyable than spending time answering practice questions.

Don’t forget to exercise

Take your mind off school subjects by going for a walk, hitting a local basketball court with friends or trying your luck at an ice skating rink. Your mind and body will both thank you for some physical activity.

By: Iowa Student Loan

15 Ideas for Making Money During Winter Break

Depending on your school’s calendar, you may have from two to four weeks away from school with little or no academic commitments, which leaves you plenty of time to earn extra cash which could be used to reduce your need for student loans or allow you to pay interest on current student loans to reduce your balance.MoneyOverWinterBreak-infographic

Download a PDF of this infographic

Here are 15 ways you can make money over your break.

1. Find a paid internship

Make money and gain valuable experience at the same time. Check with your campus career services office for available opportunities near campus, or contact companies in your field close to home.

2. Apply for scholarships

Spend several hours researching and applying for the scholarships you were too busy to look at during the academic session.

3. Work retail

Many retailers take on seasonal staff to help with the preholiday rush, post-holiday sales and gift returns.

4. Turn your existing part-time job or internship into a full-time position

Your employer may jump at the chance to give you more hours to offset other employees’ vacation time or to help handle year-end projects.

5. Babysit for busy parents

Besides the extra commitment of holiday parties and travel, many parents also seek temporary, full-time sitters for school-age children at home during winter break.

6. Take care of Fido (and Bessie)

Pet owners who will be away for an extended period of time may prefer to have a responsible person come in to feed, exercise and clean up after their furry friends. If you live in or near a rural area, don’t forget that farmers often need someone to take care of their stock every day. Advertise early to line up several commitments over break.

7. Be a house-sitter

Homeowners will often pay a responsible person to stay in their home, water plants, set out garbage and take care of other tasks while they are away for a long trip.

8. Sell your stuff

While you’re at home over break, take the opportunity to go through clothes, electronics, books and other belongings you no longer need. You can take them to consignment shops or sell them yourself online.

9. Be the designated driver

With holiday parties in full swing, more and more people turn to Uber and other driving services.

10. Promotional campaigns

Offer your tech and social media savvy to businesses who want to promote products or holiday sales. A few hours of your time can be worth a lot of money to business owners who don’t have the time or knowledge to set up their own campaigns.

11. Put your creations up for sale

If you’re artistic or crafty, a little time designing holiday cards, decorations or gifts can pay off when you sell them online or at flea markets.

12. Fill in on or near campus

It may sound strange to spend your break on campus, but if you have a place to stay, you may be able to find a temporary position taking shifts for other students who’ve gone home. The bookstore, area shops and campus offices may need help preparing for the spring semester while some of their regular staff is out.

13. Teach a class

Work with local gyms, libraries and shops to set up special classes in something you know well and can teach others — a great workout for sedentary office workers, a how-to for smartphones or apps, creative cooking for the budget-conscious.

14. Do the legwork

Do any local businesses need help distributing fliers or making holiday deliveries? While you’re doing your own holiday shopping, keep an eye out for an opportunity to offer your services.

15. Take care of not-so-odd jobs

Advertise your availability to run errands, wrap gifts, hang holiday lights and shovel snow.

 By: Iowa Student Loan

Is Community College the Right Place to Start?

Comm-College-the-Right-Place-to-Start

Many students choose to start their college careers at a two-year community college. Is it right for you or your student? Compare options below.

Two-Year Community College Four-Year College or University
Annual in-state tuition and fees*

Costs are typically lower at two-year colleges.

$3,000–$5,000

• National average: $3,347
• Iowa average: $4,541

$7,000–$32,000

• National average (public four-year): $9,139
• Iowa average (public four-year): $7,857
• National average (private four-year): $31,231
• Iowa average (private four-year): $29,650

Annual room and board*

Many students at two-year colleges choose to live at home and commute.

$0–$8,000

• National average: $7,705
• Midwest average: $6,486

$9,000–$12,000

• National average (public four-year): $9,804
• Midwest average (public four-year): $8,968
• National average (private four-year): $11,188
• Midwest average (private four-year): $9,691

Type of degree

If you plan to transfer from a two-year college to a four-year institution, you should first check how and if specific credits will transfer.

• Associate degrees and certifications for trade-related careers
• Transferrable general education requirements
• Bachelor
• Post-graduate degrees
Hands-on experience • Close association with area industries
• Often offer local apprenticeships and internships
• Can be limited for undergraduate students
• Opportunities for local, national and international internship, cooperative education and study-abroad programs
Campus experience • Traditional to commuter campus
• More limited campus activities
• Traditional
• Extensive campus activities and clubs
Confidence in major or career choice • Little opportunity to explore variety of majors
• Opportunity to achieve a two-year degree, work and then re-evaluate
• More opportunity to explore before declaring a major
• Changing majors and five- or six-year graduation rates are common
Classroom instruction • Career professionals
• Nontenured instructors
• Tenured professors
• Nontenured professors
• Other instructors
• Graduate students
Admission requirements • High school graduate
• Placement test may be required
• ACT or SAT may be required for specific degrees
• High school graduate
• ACT or SAT usually required
• Minimum high school grade point average
• Essay, interview or other requirement may be needed
Schedule flexibility

Do you need to work around a work or family schedule?

• Daytime and evening classes
• Some weekend classes
• Online classes
• Mostly daytime classes
• Some evening and online classes

*2014–2015 Trends in College Pricing, College Board

 By: Iowa Student Loan

Scholarship Provides Money for College and Valuable Tips

Registration is now open for a scholarship that offers Iowa high school seniors a chance to receive one of 30 scholarships worth $2,000 for college while learning important financial literacy skills. In addition, each recipient’s high school will receive a corresponding $250 award.

Register Now

Senior Scholarship Details

High school seniors may register for the Iowa Financial Know-How Challenge: Senior Scholarship at www.IowaStudentLoan.org/SeniorScholarship between now and Feb. 22. Iowa Student Loan® will award $2,000 scholarships to 30 students who complete two online financial literacy tutorials and score highest on a related assessment. Registered students also receive emails highlighting financial literacy tips, such as the importance of early career and college planning and ways to reduce student loan indebtedness.

After registering for the scholarship, students receive emailed instructions for completing the three required online components. The two tutorials — Student Loan Game Plan and the ROCI Reality Check — were developed by Iowa Student Loan to help students understand the consequences of college borrowing and discover how to maximize their return on college investment, or ROCI.

A related multiple choice assessment will check students’ understanding of the concepts in the tutorials. The 30 high school seniors who score highest on the assessment test will each receive a $2,000 scholarship that will be sent directly to their colleges in fall 2019. If top-scoring students tie, those students will be asked to complete a separate component so that 30 final recipients can be determined.

Each scholarship recipient’s high school will also receive a corresponding $250 award to be used toward scholarship and financial literacy programs.

The Iowa Financial Know-How Challenge: Senior Scholarship is open to legal U.S. citizens who are seniors at an Iowa high school during the 2018–2019 school year and attend college in fall 2019. It is a no-purchase-required program, and full rules and details are available at www.IowaStudentLoan.org/SeniorScholarship.

Register Now

Additional Resources Available

Iowa Student Loan also has additional resources for families planning for college and for students who intend to pursue advanced degrees. The Parent Handbook consists of valuable tips to help families of students in sixth through 12th grades prepare for success in college and other postsecondary options. The Grad Degree Gauge encourages students to make informed decisions about borrowing levels and their ability to repay new student loan debt when considering the pursuit of an advanced degree. Both tools are available free at www.IowaStudentLoan.org/SmartBorrowing.

By: Iowa Student Loan

4 Tips for Scholarships

Scholarships are a great way to help you pay for college, so that you can keep your potential debt down when you graduate. Start with these four scholarship tips.

Scholarship Tip: Start Your Search Online

There are many scholarships available, and the Internet is a great place to start your search both locally and nationally.

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Scholarship Tip: Help Pay for Graduate School

Your scholarship search should not stop after you graduate with your bachelor’s degree. Many opportunities exist for students continuing their studies.

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Scholarship Tip: Nail Your Application

While you may be ready to write a scholarship essay, make sure you don’t miss small details that may or may not make you ineligible.

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Scholarship Tip: Essay Writing

If you’re applying for scholarships, you will undoubtedly have to write some essays. Take your time and do it right to help improve your chances.

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By: Iowa Student Loan

How to Manage Scholarship Applications

Jan-Manage-Schol-Apps

You may feel like you already have enough to do managing senior year classes and activities, college and scholarship applications and other commitments.

Even though it may seem like you don’t need to add to your load, a couple of simple tricks can help you feel less anxious about scholarship results. And, you’ll be ready with an informed answer when Mom or Dad asks about your progress.

Here’s how to stay on top of scholarship applications:

Get Organized from the Beginning

Set up a spreadsheet with all your scholarship application information. Your scholarship search is unique, but you can set up a basic spreadsheet using the suggested categories below and customize them as needed.

For each scholarship you apply for, include the following information as applicable:

  • Name of scholarship
  • Scholarship sponsor
  • Sponsor contact information, including preferred methods of contact or no-contact requests
  • Award amount
  • Whether the scholarship is a one-time or renewable award
  • Name of the website, person or other source that made you aware of the scholarship
  • Website login information
  • Required elements for the application
  • Deadline
  • Submission date
  • Expected date of award notification
  • Method of award notification
  • Any additional requirements to accept scholarship
  • Notes or special information

Check for Updates

Once you submit a scholarship application, make sure you check often for updates and notifications. Depending on the scholarship, you may need to check your email (don’t forget to look in your spam folder), listen to voicemail or log in to the scholarship website.

• Respond quickly. You may receive a notice that your application is missing some required information. If you’re missing information or the scholarship sponsor has questions, respond as quickly as you can.

• Check often. Set aside a specific time every day to check your scholarship applications. It may be helpful to move all scholarship-related email to special folder in your inbox. Some email applications allow you to set up rules to do this automatically.

• Pay special attention to announcement dates. Watch for notifications that you have earned a scholarship or are a finalist. Enter any to-dos to submit additional required information or to accept the award on your spreadsheet, and then follow through.

If you haven’t heard within a few days after a publicized announcement date, you may want to follow up with the scholarship sponsor. First check your spreadsheet to ensure that the sponsor didn’t specify no contact or specified only certain forms of contact, though.

Organizing your scholarship application information and staying up to date with notifications will help you remain calm while you wait for results.

By: Iowa Student Loan

Tips for Landing a Scholarship (Infographic)

As you enter your last few months of high school, the pressure’s on to figure out how to pay for the next stage of your education. Improve your chances of landing scholarship funds with these tips.

TipsLandingScholarship-infographic

Download a PDF of this infographic.

Beef up your qualifications.

Try a new extracurricular activity, volunteer and bump up your GPA to qualify for more scholarship funds and increase your chances of earning those scholarships.

Update your information.

As you accomplish more, update your qualifications listed for your accounts on scholarship search sites, such as scholarships.com, bigfuture and Fastweb, to find more results.

Keep searching for new opportunities.

Perform new searches through free scholarship sites on a regular basis. Remember, many non-academic entities offer scholarships and make information available at different times of the year.

Touch base with your support crew.

Let teachers, coaches and family friends who have agreed to write letters of recommendation or proofread essays know when you will need help. Allow them enough time to help you while still meeting all their other commitments, and offer to help any way you can.

Stay on top of deadlines.

Plan your priorities to ensure you submit applications and supporting materials before their due dates.

Reread all your upcoming scholarship submissions.

Check for any typos, make sure you’ve followed all instructions and submit everything required.

File for financial aid.

If you haven’t yet, complete and submit your Free Application for Federal Student Aid (FAFSA). This is a primary tool to qualify for scholarships awarded by colleges. If you need help completing your FAFSA, contact the Iowa College Access Network or attend a free Iowa College Goal Sunday event near you.

Contact your college.

If your FAFSA doesn’t accurately reflect your financial situation or if you have questions about scholarships available at your college, contact the college’s admissions or financial aid office. Also let the admissions office know if the final price tag will make the difference in your college choice; the school may have some flexibility in scholarship awards.

By: Iowa Student Loan

Comparing Postsecondary Options (Infographic)

The postsecondary options after high school can be confusing. Here is a comparison of the most common routes for recent high school graduates.

Keep in mind that these routes are not permanent or exclusive, and choosing one route doesn’t rule out other options if a student would like to pursue an additional or different path later.

Infographic: Comparing Postsecondary Options

Download this infographic as a PDF.

  Workforce Military Short-Term Education Apprenticeship Public Four-Year College Private Four-Year College
Description Full-time employment directly after high school · Before or instead of pursuing a college education

· Military academies

· Short professional programs

· Certificate programs

· 9-month, one-year, two-year college programs

Up to six-year programs Rely on government funding as well as tuition and fees from students Rely on tuition, fees and private sources for funding
Average Cost $100–$1,000 $0 $5,000–$20,000 $0 $47,000–$90,000 $77,000–$140,000
Potential Earnings Starting: $18,023

Mid-career: $31,239

Starting: $19,199

Mid-career: $41,958

Starting: $24,030

Mid-career: $44,056

Starting: $20,025

Mid-career: $47,098

Starting: $20,025

Mid-career: $47,098

Starting: $20,025

Mid-career: $47,098

Required May need related job experience or certain skills · ASVAB test

· Fitness and health standards

· Background check

·  Requirements vary by program

· Placement tests

· Requirements vary by program

· May be minimum age

· May require community college acceptance

· Minimum SAT/ACT score and GPA

· Core high school classes

· Application (sometimes with essay, interviews and letters of recommendation)

· Minimum SAT/ACT score and GPA

· Core high school classes

· Application (sometimes with essay, interviews and letters of recommendation)

Typical Jobs • Accounting clerk

• Animal caretakers

• Childcare

• Clerical, administrative, office clerk

• Customer service representatives

• Driver

• Food services

• Maintenance and janitorial

• Retail worker

 

• Administration

• Aviation

• Combat officer

• Construction

• Engineering

• Health care

• Intelligence

• Mechanical and maintenance

• Public affairs and media relations

 

• Auto mechanic

• Barber

• Chef

• Computer tech

• Cosmetologist

• Court reporter

• Dental assistant

• Fitness trainer

• Nursing or home health aide

• Pharmacy tech

 

• Carpenter

• Electrician

• HVAC installation and repair

• Machinist

• Mason

• Pipefitter

• Plumber

• Sheet metal worker

• Tool and die worker

• Airline pilot

• Architect

• Computer programmer

• Educator

• Engineer

• Financial specialist

• Graphic designer

• Reporter or correspondent

• Writer or editor

 

• Airline pilot

• Architect

• Computer programmer

• Educator

• Engineer

• Financial specialist

• Graphic designer

• Reporter or correspondent

• Writer or editor

 

Sources:

  • Average Cost of Workforce includes the cost of work clothes, transportation to interviews and printing resumes.
  • Average Cost of Public and Private Four-Year College are based on the 2011–2012 net lowest and highest cost of attendance (after discounts on the published costs) per year multiplied by four years.
  • All other Average Cost information is based on figures available online for Iowa programs.
  • Potential Earnings for Workforce are the 15th and 50th percentile salaries from U.S. Census Bureau 2015 PUMS data (1 year sample) – educational attainment up to high school diploma.
  • Potential Earnings for Military are private (E1) and first lieutenant (O2) from https://www.goarmy.com/benefits/money/basic-pay-active-duty-soldiers.html.
  • Potential Earnings for Short-Term Education are the 15th and 50th percentile salaries from U.S. Census Bureau 2015 PUMS data (1 year sample) – educational attainment of associate degree.
  • Potential Earnings for Apprenticeship are the 15th and 50th percentile salaries from U.S. Census Bureau 2015 PUMS data (1 year sample) – educational attainment of some college.
  • Potential Earnings for Public and Private Four-Year College are the 15th and 50th percentile salaries from U.S. Census Bureau 2015 PUMS data (1 year sample) – educational attainment of bachelor’s degree.

By: Iowa Student Loan

10 Things You Need to Complete the FAFSA

10thingscompletefafsa

With the FAFSA, or Free Application for Federal Student Aid, open soon, it’s a good time to plan a little time to complete it. Before you start, make sure you have these items available if they are applicable to you.

10 Things You Need to Complete the FAFSA

 

Item Dependent Students Parents
List of schools you wish to send FAFSA results to

X

FSA ID username and password

X

X

Biographical information like Social Security number, drivers license number, birthdate, marriage and divorce dates

X

X

Alien registration number for non-citizens

X

X

2017 income tax returns, W-2s and other records of money earned in 2017

X

X

2017 bank statements and investment records

X

X

2017 untaxed income records

X

X

2017 businesses and farms records

X

X

Child support received or paid

X

X

Marriage status and date of separation or divorce

X

X

By: Iowa Student Loan

FAFSA: What You Need to Know

If college is in the picture for the 2019–2020 academic year, it is almost the time to file the FAFSA, or Free Application for Federal Student Aid. Here are answers to some of the most important questions about the FAFSA.

Why should I file the FAFSA?

Regardless of financial situation, filing the FAFSA is the first step to qualifying for many forms of aid, not just those based on income. Federal Student Aid’s Myths About Financial Aid (PDF) provides more information on why all students should submit the FAFSA.

Whose information goes on the FAFSA?

The student who will attend college will provide biographical and financial information on the FAFSA. Dependent students, whether or not they are financially supported by their parents, will need to provide parent or guardian biographical and financial information.

Is the FAFSA only for federal aid?

The federal government uses the income, family size and other information provided on the FAFSA to award federal aid in the form of grants, work-study and loans. You need to file the FAFSA to qualify for federal work-study and federal student loans. In addition, many states and colleges and some private organizations use the information to determine eligibility for grants, scholarships and other aid.

When should I start?

The 2019–2020 FAFSA opens Oct. 1 and is available until June 30, 2019. Some types of aid have limited funds, so the earlier the FAFSA is completed and submitted, the better the chances of receiving more financial aid from those programs.

Remember to complete a new FAFSA the fall before each new college year.

What information will I need?

The student should create an FSA ID to make it easier to complete and access the FAFSA. You can also gather identifying information (Social Security numbers for student and parent, driver’s license number, and Alien Registration number if applicable); federal tax information or returns from 2017; records on any untaxed income; and balances for cash, savings and checking accounts, investments, and business and farm assets for both the student and parents.

Note: You may be able to use the IRS Data Retrieval Tool to pull in applicable tax information while you complete the FAFSA, but this information will not be displayed on the online FAFSA or your Student Aid Report.

If you have any questions on the information you will need to provide, start by reviewing the Completing the FAFSA guide (PDF).

Where do I start?

You can complete your FAFSA online at https://fafsa.gov.

You may also download a PDF form to print and complete or call (877) 433-7827 to request a form be mailed to you. Some colleges may allow you to file your FAFSA at their financial aid office.

Do I need to do it all at one sitting?

You may save the information entered into the FAFSA online if you need to stop before completing it. Then, when you’re ready to finish, log back in to complete the form, sign and submit it.

What will happen next?

Within three weeks after submission, you’ll receive a Student Aid Report, which summarizes the data you submitted. You should review this report carefully and follow the instructions for correcting any mistakes.

Your Student Aid Report will also tell you if you’ve been selected for verification. This is not necessarily an indication that something is wrong; verification may be based on a random selection or because one or more of the schools listed requires all FAFSAs to be verified. If you are selected, follow the instructions to verify your information with the requested documents.

Federal Student Aid also shares the information you submitted with the colleges you listed when you completed the FAFSA, your state and the states of colleges you entered. Each college you have been accepted to will follow its own timeline to send you a financial aid award packet detailing the financial aid available to you if you choose to attend that school.

More information is available from Federal Student Aid.

By: Iowa Student Loan

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