How College Admissions has Changed – Video | College Made Simple

Hi this is Scott Weingold over at CollegeMadeSimple.com, and today what I want to talk about is how college admissions has significantly changed.  The first thing I tell people is that you have to understand that colleges are businesses first and foremost.  A lot of times people think colleges have this utopian view that education comes first, above all else, and sometimes that’s the case, but more often than not the colleges are businesses.

Only a couple dozen schools carry what’s called the need blind admissions process, meaning that they don’t really care how much need you’re eligible for or how much you can afford to pay.  They’re going to look at it from a standpoint of we’re need blind.  We’re not even going to look at that.

Most however, are concerned with what’s called net tuition revenue, which is the total amount of tuition dollars per income in class that institution hopes to hit.  So most schools have a goal of net tuition revenue each year per class.

Other factors that obviously play into this is some schools want as much diversity as possible, have a student from all 50 states there or multiple countries or just an overall diversity of race, talents, background and other factors.  That does come into play.

So what is the strategy?  One thing is look where you can fill a need.  Look where you’re unique and can stand out, that the colleges would want you.  Apply outside your region.  If applicable, someone from the east coast going over to the west coast, someone from the west coast going over to the east coast.  That sometimes helps.

Applying to multiple schools.  You never want to just apply to one.  You always want to apply to multiple schools.  Some will say 6 schools, some will say 10 schools, but I would say somewhere in that range.

You’ve got to have a solid College Funding game plan on how you’re going to pay whatever your out-of-pocket costs are because whether the college gives you financial aid, whether it’s need based or merit based, you still need to have a plan on how you’re going to pay whatever it is that they don’t give you for all of your upcoming children without it putting you in the poor house.

There are many other strategies that are available too.  A good place to start is our free online College Funding video workshop, which you can register for by going to www.CollegeMadeSimple.com.  Along with registering for that webinar there is also a ton of free resources on college admissions, financial aid, paying for college, so I highly recommend checking it out.

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Editor's Note: Scott Weingold has been ranked the #1 “College Financial Aid Expert Worth Knowing About” in the entire country by CollegeStats.org.  He has co-authored the book, “The Real Secret To Paying For College. The Insider’s Guide To Sending Your Child To College – Without Spending Your Life’s Savings.” Scott also publishes a popular free online newsletter, “College Funding Made Simple" which reveals insider’s tips, methods, and strategies for beating the high cost of college.

Scott is the co-founder and a principal of the widely renown College Planning Network, LLC – the nation’s largest and most reputable college admissions and financial aid planning firm. CPN is a proud member of the Better Business Bureau, the National Association of College Funding Advisors, the National Association for College Admission Counseling, the National Association of Student Financial Aid Administrators and the Student Affairs Administrators in Higher Education.

Scott, along with his college funding advisory team, helps thousands of families throughout the country with their college planning needs and offers a series of free educational webinars and workshops on “How To Pay For College Without Going Broke In The Process!” He's been featured or mentioned in The Philadelphia Inquirer, Yahoo News, TheStreet.com, Voice America with Ron Adams, Crains Cleveland Business, and on Cleveland Connection with James McIntyre.  Scott has published numerous articles and is a professional speaker who has addressed thousands of audiences online and offline throughout the United States.  His actionable insights and candid, open approach have earned him & his team numerous media interviews, citations, and speaking opportunities, and his free online video workshop is one of the Internet’s most widely viewed pieces in the college funding space.