FAP822: Jobcast - how to interview well, unintended consequences

June 19, 2008 @ Financial Aid Podcast Daily Free Internet Radio On Demand from financialaidpodcast@gmail.com (Christopher S. Penn )

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Student Financial Aid News
+ Inside Higher Ed: The White House and Congressional negotiators reached a deal Wednesday night on war spending, including a plan to dramatically expand college assistance for veterans, effectively providing the cost of education at any public institution in veterans’ states, the Associated Press reported. Details will be released today and apparently include some provisions backed by Republicans who feared that a package that was too attractive might discourage re-enlistments.
+ NASFAA: “The nation’s community colleges want the authority to deny some of their own students the right to take out a federally subsidized loan. The colleges think that some students won’t get jobs with salaries large enough to pay back the debt,” The Chronicle of Higher Education reports. “Officials of the American Association of Community Colleges said this week that they were stepping up efforts to win enactment of legislation that would give their colleges the authority to reduce the amounts that some students could borrow under the federal programs. The change is necessary because colleges now have no way to prevent a student from seeking a student loan that doesn’t make economic sense, given the student’s long-term job prospects, said David S. Baime, the association’s vice president for government relations.”
+ As a reminder, if your federal student aid doesn’t meet your needs, you can investigate private student loans - but be careful
+ This kind of thing could inadvertently create a larger market for private student loans - beware of unintended consequences!

Scholarship Update
+ McKelvey Foundation First in Family Scholarship
+ You know what it is to make your own success in the world. You dream big and keep your eye on the prize. The McKelvey Foundation celebrates that drive and determination by awarding 150 scholarships to high school seniors who’d be the first in their families to attend college. Dedicated and involved students whose resources may be limited, but whose ambitions are not.
+ The Foundation will award $12,000 scholarships for qualifying high school seniors to attend ANY four-year college in their home state.
+ Scholarship Criteria
To be considered for this award, applicants must:
+ You must attend a partnering high school in the states of NY, PA or WV
+ Be a first generation to attend college (neither mother nor father went to college)
+ Have financial need
+ Show involvement in work and/or extra curricular activities
+ Submit a completed online application
+ Fill out a FAFSA form to apply for all other financial aid
+ Attend a four-year college within their home state
+ Other things you should know:
+ + Awards will be granted up to $3,000 per year for all four year
+ Scholars must maintain a 2.5 GPA
+ The Foundation will sponsor a mandatory one day seminar for all winners during the spring/summer as an orientation to college and the Foundation
+ $2,500 will be available to each scholar for a study abroad program
+ Details at our free college scholarship search site

Jobcast
+ How to interview effectively
+ We had a candidate come in yesterday who did a good job
+ I don’t know is not an immediate fail if you can recover well
+ Provide details in examples
+ The basics count for a lot - have copies of your resume with you and dress well
+ Make use of your ninja skills - look around and ask questions about stuff you find in the office as a way of opening up discussion - look especially for awards, certificates, etc.
+ When an interviewer asks “What questions do you have?” have a few ready to go
+ What do you like most about working here?
+ What characteristics are likely to make someone a successful employee here?
+ A good opportunity to integrate your own traits after the interviewer responds

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