Education

Overlooked ways of paying for college – You no longer need to worry about college costs

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It is true that paying for college is a daunting and intimidating task. In an ideal situation, it is a long term process of building savings, using it, seeking institutional aid, free money and if needed personal loans. But with such varied avenues for financing your college costs, it often becomes difficult to choose which option might work best for you considering your personal time frame and situation.

With recent reports which show how college education debt is soaring out of control, majority of the parents and the students are feeling intimidated with their controlled income level and the rising obligations to meet. What are some of the most commonly overlooked ways of paying for your college education? If you forgot about few of them, here is a list for you to remember.

? Apply for financial aid: Even when you don’t think you can qualify for financial aid, still you shouldn’t hesitate to fill out the Free Application for Federal Student Aid (FAFSA) form. There will be times when you would rather be pleasantly surprised by the positive result that you may get.

? Apply for federal grants: There are few options which include Academic Competitiveness Grants, Pell Grants and National SMART Grants. If you seek help of your kid’s guidance counselor, he may even help you find out other viable options as well.

? Watch out for local scholarships: Religious institutions and civic organizations often have various amounts of aid which you can grab in case you’re lucky enough. You just have to be proactive enough to notice such scholarships and aids.

? Throw a wide net: How about applying to several schools at the same time? This will definitely mean increased chances of getting into more than one school and this will clear cut translate to higher likelihood of grabbing a bigger financial package.

? Keep bargaining on offers: Even those schools which offer aid based on need sometimes come up with drastically disparate offers. In case you have multiple offers on the table, you’re free to negotiate a better deal, that too with the college of your best choice.

? Look for an official benefactor: National Health Services Corps, AmeriCorps, Peace Corp and ROTC programs offer college funds in lieu of service commitment. Keep looking for such offers from benefactors.

? Stay at home: If you can be smart and wise enough to start off with a low cost community college and then transfer yourself to a 4 year old college for the final 2 years, this can help you save a chunk of your hard-earned money on board costs, room expenses and even on tuition costs.

? Seek help of a counselor: In case you need expert help, you should never hesitate to seek help of a local expert as guidance counselors are usually aware of the options which are considered best for you.

Therefore, if you’re intrigued by the tips mentioned above about paying for college, you can definitely follow the advice given by the experts.

 


How Should I Finance My Child’s Education?

How Should I Finance My Child’s Education?

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After the secondary phase, saving for education becomes expensive. Fortunately though, you’re not going to be left to your own means. If you look into all your options well ahead of time, it becomes much easier to set out a good plan for funding your child’s education. Here in Canada, we’re lucky enough to have a wide range of options for funding our child’s education. Here are a few options you may want to consider.

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First of all, getting a child tax benefit, or CCTB. As soon as your child is born and registered, you can apply for a Canada Child Tax Benefit. This is free money, pure and simple, given by the government to parents of children under the age of 18. Because it’s a simple tax benefit, you can spend it in any way you like. However, seen as you’re reading this, you’ll probably want to put it aside to go towards a RESP for your child’s further education. Furthermore, if you have a child who’s younger than 6, you can also receive $100 per month from the Universal Child Care Benefit. If you don’t need this money to care for your child, then it’s one more step towards a great education in later life.

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The next thing to look into is RESPs. If you open an RESP for your child, and start making contributions, then you could be in for even more free money from the government. The government will match 20% of the money a parent or carer saves in an RESP every year, up to a cap of $500 per year per child. Let’s say you contributed $2,500 to your child’s RESP, the government will match it with $500. You can make these contributions and have it matched by the government every year up until they reach the age of 18. This is another great method for building a nest egg for a relatively small investment.

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Finally, scholarships and bursaries. Like all good parents, you probably encourage your kids to get

the best grades they’re capable of. Aside from their own sense of achievement and expanded knowledge, their grades can have a significant financial impact on their future education. With good enough grades, your child can fund their own education through bursaries and scholarships. If you’ve been doing some long-term budgeting, and it looks like you may struggle even with the government’s help, then pushing your child towards scholarships and bursaries could be a very smart move. Like some people, you may think that only the most talented and intelligent of students have a shot at scholarships, but this isn’t necessarily true. These days, there are a wide range of scholarships available. Many of them have criteria specially set out to give more average achievers a fair chance. This doesn’t mean that your child can coast through it all though!

Any one of these programs will make it much easier to finance your child’s education. Remember though, the earlier you start, the easier it will be to send your kid to good schools.


The Game of Life

The board game, The Game of Life, Is a game where you have to make important life decisions in order to reach the final goal of “retirement” and to see where you are at when you do retire. Although it is make believe, the game does include some real life decisions that need to be made. Decisions like going to college or heading straight for a job. You must choose wisely as some of the jobs are only available if you’ve actually gone to college first. These particular jobs often result in higher salaries. While this is just a game, it is actually quite relevant to the actual “game” of life with a choice that we will all face in our lives. If you choose to go to college, you can open doors and increase options for employment that will be fulfilling and lucrative.

In real life, many indsutries look at having a college degree as being important more than ever before. Some An MBA degree can increase your salary by up to $30,000 annually over a bachelor’s degree in business. You can also look at the option of obtaining a UMB MBA degree online if you want to continue working while you pursue an advanced education. While the schooling costs to obtain a master’s degree might seem overwhelming, the increased earning.


UMD MBA Degree Online


Opening Doors with a Distance Learning Degree

It’s a sad but inevitable fact that too many people in the world are having to do a job they need rather than a job they want. The harsh truth is that so many men and women rely on the wages they earn and are therefore stuck in roles that are totally unsuitable for their needs. Switching careers at this point is often not an option.

There are some who have been able to make the change, however, thanks to home study. This is an option that many would-be students simply won’t be able to afford, of course, but those who do have the opportunity can hopefully one day be doing a job that ticks all of their own personal boxes. There is hope, at least for some of us.

Studying for a degree at home may not be everyone’s idea of fun, of course, but it allows you to work towards a respected qualification while still earning a living at your current job. Juggling work and family commitments while completing a home study course will not be easy, however, so think long and hard before signing up.

The rewards for the successful student are all too obvious, especially in periods when the job market is more buoyant. There are so many advantages to be had when you have gainDistance-Learninged a BA. Business management, human resources and corporate entertainment are just some areas that become more open to you.

This is the time to make a change that lasts a lifetime

If you are currently stuck in a dead end job behind the counter of a store, at the wheel of a truck or on the reception desk in an office, this could be the ideal time to do a little about it. A successful period of study could lead you to landing one of the best marketing vacancies in your area, changing your life altogether in the process.

It goes without saying that the job market is a competitive entity whether we are in the depths of recession or on the crest of a boom period. Seeking out the best vacancies is one thing, but having the CV that really stands out from the rest is another. If you don’t have the right qualifications, you stand less chance of success.

There are many men and women in the world who are doing jobs that are totally unsuitable for their talents, yet they remain in a rut because they are not able to do anything about it. This seems a shame, because there is so much talent going to waste. If you are able to do something about it, that’s exactly what you need to do.

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4 Job Opportunities with a Health Informatics Degree

The decision of beginning a health informatics program comes with the opportunity of diving into a pool of interesting jobs. Approximately 70,000 health informatics specialists are needed in the U.S. and apparently, positions are difficult to fill. However, throughout the years, health informatics has constantly gained in employment popularity.

But what exactly are certain scopes of tasks that a person having completed their health informatics program can expect to be qualified for? Here are four types of jobs graduates are eligible to apply for.

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Electronic Medical Record Keeper

The position of an electronic medical record keeper is up-and-coming. One has to be knowledgeable about the latest softwares and programs used by healthcare facilities. The main task is to responsibly fill in patient data into the system and applications to enable electronic media reports. Therefore, meetings with healthcare staff are held. Additionally, he or she ensures that information about patients is only passed on to eligible personnel. Furthermore, an electronic medical record keeper does research and collects information on relevant topics for medical studies.

Health Informatics Director

A health informatics director performs a leading role. Knowledge about both technology and managing people are required and cope of tasks include the training of apprentices and staff on new technology. Apart from that, a health informatics director holds meetings with stakeholders including pharmacy and other healthcare staff such as physicians. Usually, a master’s degree is a precondition for these positions. Yet, having a bachelor’s degree in health informatics as well as a few years of work experience can be sufficient. The University of Illinois in Chicago is one of the leading institutions for a health informatics degree online.

Chief Medical Information Officer

This is a very multi-faceted role as tasks vary often depending on the project. Overall, the function of chief medical information officers are to ensure that IT systems are running smoothly and without disruption, so patient data can be input and transferred to other systems if needed. Data will be conducted and analyzed and they are oftentimes involved in the designing and testing of software applications.

Nursing Informatics Specialist

In the U.S., nursing is among the top professions as it offers many specialization opportunities. Nursing informatics specialists have high responsibility as they need to have strong knowledge about patients’ course of a disease and thus oversee data and information. This position requires assisting patients in decision-making regarding rehab possibilities, intake of medicine, inter alia. To ensure appropriate support, another responsibility of a nursing informatics specialist is the constant updating of the information technology system so the healthcare specialists as well as the patients themselves have access to the latest information.

Striving for various career opportunities in the health sector, a degree in health informatics provides a solid ground. It offers the knowledge and practical skills to carry out a variety of jobs that come with a high level of responsibility. The healthcare sector is ever-growing and ever-changing and with it come new opportunities for those having obtained a health informatics degree.


4 Top Tips to Find Nursing Work in the UK

There has been a recent boom in overseas recruitment for nursing in the UK. This is an initiative backed by the government to bring in international nurses to make a valuable contribution to NHS patient care. Since 2011, the National Health Service in Britain has seen the number of foreign nurses double and there are still many opportunities. To make the most of the cosmopolitan environment, renowned educational facilities and competitive pay standards in the UK follow these top tips to find a nursing job in Britain.

  1. Registration with NMC

First you’ll have to register with the Nursing and Midwifery Council (NMC) in the UK before you can find employment. Request an information pack or download one from the NMC website to guide you through the necessary steps. Once you’ve complete the application there will be a fee of GB£120 or around USD$202 and the board will come to a decision in approximately 3 months about whether you have been successful or not.nurse-generic-v2

  1. Finding an NHS Job

If your application was successful you should start to look for jobs advertised on the NHS website. Use the appropriate search filters to narrow down your search about which area will be most suitable for you. The Royal College of Nursing also has plenty of advice and support for applicants with guidelines for recruitment and employment as well as useful contacts and resources.

  1. Keep an Eye on Job Sites and Contact Agencies

There are all kinds of different job sites on the Internet nowadays so to save time it’s best to specify what kind of job you’re looking for and subscribe to the most reputable ones to receive updates right into your inbox. Twitter is also a great place to keep in the know about what opportunities are out there and what changes are happening to the industry. Another great way to find nursing work in the UK is by contacting a nursing agency like Nursing Personnel who have a great range of contacts to assist you in your search and application process.

  1. Work Experience

If you’re unsuccessful at finding the right nursing job right away then work experience is also a great way to get your foot in the door and find your way into the industry. The NHS is made up of over 400 individual trusts all across England and each one can open the door to work experience. Find an area that works for you and contact the trust direct to find out about the opportunities that are available.


The Career Options of Economics Students

Many recent graduates are still suffering the sting of an education that isn’t paying off. Lots of students have been burned by this reality and are working for less money in fields that they never set out to be involved with. Some go so far as to recommend never entering university at all. While this may be a prudent choice for some people, there is still some wisdom in investing in yourself, in an education that will pay off. The years of going to college for no specific reason. But for those with a clearly understood career path in mind, college still works. Especially in the field of economics, which we’ll discuss here.

When people imagine the future life of an economics major, the image of a desk-bound government accountant is frequently evoked. It’s true, some economics students will go on to work on the nuts and bolts of unemployment, inflation, interest, and tax rates. But in reality, economics degrees are very versatile things to have on the job hunt.

Economics degree qualifications are themselves pretty diverse, and that’s why the degree lends itself to so many destinations. Most of these graduates will find themselves employed in the finance or business worlds. The positions tend to involve the charting of market and consumer trends. These employees make sure that the companies that employ them spend wisely and efficiently. They may also find themselves involved with specific products and campaigns. The math and analysis skill sets developed in economic studies also enable students to pursue social and anthropological work, as well as anything data or research based. Urban planning, crime studies, demographic research are several of the various job sites that will work for these graduates.

Here are some other jobs that are available after economics studies are completed at the bachelor level: accountant, auditor, budget analyst, health services manager, teacher, insurance underwriter, logistician, survey researcher. The list doesn’t end here. Every industry benefits from economically knowledgeable employees. You own career path will be directed largely by your own initiate, ambition, and hard work.


Getting Job On Campus: Interview

Working while being in the university will help you in getting the proper job experience before graduating and searching for permanent working place. This will also help you in getting useful connections and a little money in your pocket. Passing the job interview for the job can be stressful, but here are several tips for you, that will help you in scoring at the interview, and be useful in your future job search.

On-Campus-RecruitingUse Career Services Department

The very first thing you should do is learn which on-campus vacancies are available for you, and for this you should address Career Service Department. Here you will also be helped in improving your resume and have a chance to get the job on campus that will suit your major and thus you will learn a lot from it.

Visit Career Fairs

Career fairs that are organized every year on university campuses are aimed at providing students with the most current information about the vacancies and job offers in the neighborhood. But even if you do not find the job for you in the fair, there is the chance that you can make useful connections and contacts that in future can help in getting job later in your life.

Visit Offices You Are Interested In

Working your way through the Internet is easy, but what about leaving your cozy home and introduce yourself to the company you are eager to work in? All employers appreciate students that are not as lazy as most are, and spend their free time talking with company representatives, even if there are no vacancies open for the moment.

Use Special Language

If you finally get the invitation for the interview, make sure you prepare for it. Make sure you have your resume and cover letter printed and prepared, so that you can leave it for HR. Moreover, learning the mission statement of the company and the keywords will be helpful. This will help you in gaining company representative’s attention and show yourself as the suitable person for the vacancy.

Follow these tips in your search for the job, and your professional career will be much more successful. Visit http://localmart.com to find the best vacancy for you.


How Could a Contractor Stay on Top of Finances in the 2013-14 Tax Year?

Finance MattersIf you are a contractor or considering becoming one, you may be easily forgiven for thinking that all you need to do is source and complete your own contracts. Unfortunately, this isn’t quite the case, as you will also need to stay on top of various financial and administrative matters, including – among other things – tax returns and accounts.

While setting up as a limited company gives you the opportunity to set your own working hours and decide which projects you work on, it is worth bearing in mind that this freedom also means you must take on the responsibility for making sure you meet all the necessary accounting regulations. Unlike when working for an employer, such matters cannot be left to your HR team to sort out for you, and if things like tax assessment returns are submitted late then you might find that you are issued with a fine from HM Revenue and Customs (HMRC).

As such, it is vital that you make the effort to keep a firm grip over your finances. With the new financial year just a few weeks away (in case you weren’t aware already, the 2013-14 fiscal period begins on April 6th), now is a good time to start getting your finances in order. This will require you, among other things, to maintain accurate records about all the income received from your contracts and have receipts for all the goods and services you have bought as part of your work and that you wish to claim tax back on as expenses.

Creating a methodical system for tracking all your incoming and outgoings throughout the tax year ought to be your first step in doing this. However, it can be difficult to stick to when you’re busy working on existing projects and simultaneously attempting to secure future contracts.

Even if you are relatively confident with financial matters, you might not always be able to devote as much time to sorting out tax and other accountancy affairs as you would like. As such, it’s a good idea to utilize the services of an accountancy services provider. In doing so, you will have a team of accountants and other financial experts who will assist you to make sure all of your records are accurate and can help to maximize your income in the most tax-efficient manner possible. Working with such an organization will also help you to ensure that all compliant statutory tax returns that need to be submitted to HMRC and Companies House are done so correctly and on time, enabling you to devote more energy to working on projects.

The above is only a brief guide for contractors looking to manage tax and other finance-related matters, so if you need further guidance it is best to speak to HMRC or an accountancy services provider like PayStream. In doing so, you will be able to get advice that will be relevant to your individual circumstances.

Please share your experiences of keeping on top of your finances and other administrative matters by posting a comment below.


Teach Your Kids To Be Personal Finance Experts

 financial educationOne of the most important roles parents play in their kids’ lives is preparing them for adulthood; and that means all aspects of adulthood; and that includes personal finance. Unfortunately, it’s not something that all parents do. Not because they’re bad parents but because it just doesn’t occur to them.

Of all the lessons we should have learnt from the global economic meltdown, personal financial management is perhaps the most important. It’s a lesson that we need to pass on to our kids if we want to prevent a recurrence (or the continuation) of the recession.

Kids and money

One of the biggest mistakes parents can make is to give their kids an allowance without making them earn it. The danger is that kids could end up with a sense of entitlement, but they could also end up without any sense of the value of money. The problem is compounded when parents give in to children to demand toys, sweets and clothes on every shopping trip (Daniel Bortz – U.S. News Money).

One of the best things that you can do is set a good example. This means that you need to brush up on your personal financial management skills. Don’t sugar coat things like the need for personal loans, but show your kids how to properly manage these loans so that they don’t spiral out of control.

You should also teach them that money isn’t just for buying nice things and satisfying immediate needs. For example, some money should be set aside for savings and some should even be set aside for charitable donations. This teaches kids the value of generosity and helps instill a social conscience, which is never a bad thing. They also need to learn to budget and prioritise. Your daughter might really, really want the latest Revlon lipstick, but she needs to know that if she buys it, she might not be able to go to the movies with her friends.

Kids, money and education

Schools in the UK and US are considering including personal finance in current school subjects like maths and English (Dan Kadlec – Time Business & Money). Kadlec reports that the UK will incorporate financial literacy into maths classes in 2014; this will include budgeting and compound interest. There is speculation that countries across Europe and Asia will follow suit.

The US is also taking personal financial education very seriously. According to Kadlec, the Treasury Department has developed a website that provides teachers with ready-made finance lessons that slot into current maths and English curricula. The lessons will, of course, be age-appropriate and will include topics such as: compound interest, cost/benefit analysis, inflation, delayed gratification, and goals.

It’s never been more important to teach kids about financial responsibility and financial management. While it’s about time that national education systems started meeting this need, the role of parents can’t be underestimated. If you want your kids to be financially healthy adults, you need to teach them how to be financially savvy from a young age.

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Sandy Cosser writes for a South African-based personal financial services provider, which offers consolidation loans, personal loans and vehicle insurance.


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