Seniors: What to do When the Award Letters Arrive

Seniors: What to do When the Award Letters Arrive

Congratulations! Now that you know what colleges have accepted you, all you have to do is decide, right? Well, not quite. It’s April, which means the financial reality check should have (or will soon) hit your mailboxes. Financial Award Letters can be both confusing and disheartening after the dream school you worked so hard to get in to doesn’t award you as much as you had hoped. Understanding the Award Letter is the first step in deciding if, and how, to move forward with your college. To....

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Parents of Underclassmen and Middle School Students: Now is the Time to Start Preparing

Parents of Underclassmen and Middle School Students: Now is the Time to Start Preparing

For younger students who are just beginning to think about their future and applying to college, the thing on the minds of most parents is how to pay for the college their child might be dreaming about. This is where academics and extracurricular activities come into play. For many students the financial aspect has yet to cross their minds. Many of them don’t consider the financial implications of attending an out of state, private, or Ivy League university. Though parents fear the unavoidable....

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College Mock Interviews

College Mock Interviews

Picture this: Your teen is taking a college campus tour. Suddenly, an admissions rep pulls him aside for an impromptu interview. Does panic set in? Or is he ready? That’s happening more frequently than formal face-to-face interviews these days, says Timothy Parros. And they hold weight. It’s one reason his Ann Arbor company, Parros College Planning, has launched a mock-interview prep service. “It’s kind of off the cuff,” says Parros, a financial planner since 1991. “We want them to ....

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College Planning Firm Tells Students, Parents 'Don't Panic'

College Planning Firm Tells Students, Parents 'Don't Panic'

ANN ARBOR — Following Michigan’s announcement this week to change from an ACT test state to an SAT test state, Kim Parros of Parros College Planning, says “don’t panic.” According to Parros, whose Ann Arbor-based company provides resources to parents and prospective college students, these changes may be difficult for current high school freshman and sophomores who are in the transition classes; however, over time the changes will benefit the students. “Currently, many students per....

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