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Interpre'ng	
  Outcomes	
  for	
  
Bewildered	
  Applicants	
  
Peter	
  Van	
  Buskirk	
  
Author,	
  Speaker	
  
Former	...
www.BestCollegeFit.com
© 2014, Peter Van Buskirk
Most	
  Highly	
  Selec=ve	
  (1/8)	
   Highly	
  Selec=ve	
  (1/4)	
  
S...
www.BestCollegeFit.com
© 2014, Peter Van Buskirk
The	
  Enrollment	
  Model	
  
selec=vity	
  
	
  
yield	
  
	
  
	
  
	
...
www.BestCollegeFit.com
© 2014, Peter Van Buskirk
Doors	
  of	
  Enrollment	
  
ED 	
   	
   	
  EA 	
   	
  	
  	
  	
  	
...
www.BestCollegeFit.com
© 2014, Peter Van Buskirk
Inside	
  the	
  Wait	
  List	
  
Applicants:	
  
Acceptances:	
  
Enroll...
www.BestCollegeFit.com
© 2014, Peter Van Buskirk
Keys	
  to	
  Naviga1ng	
  the	
  Wait	
  List	
  
▲  Get	
  on	
  the	
 ...
www.BestCollegeFit.com
© 2014, Peter Van Buskirk
How/When	
  Does	
  the	
  WL	
  Operate?	
  
▲  Wait	
  lists	
  become	...
www.BestCollegeFit.com
© 2014, Peter Van Buskirk
Responding	
  to	
  the	
  Wait	
  List	
  
▲  Student	
  must	
  decide	...
www.BestCollegeFit.com
© 2014, Peter Van Buskirk
Financial	
  Aid	
  Matrix	
  
No Need Low Medium High
High
Medium
Low
No...
www.BestCollegeFit.com
© 2014, Peter Van Buskirk
Preferen1al	
  Packaging	
  
College	
  A	
  
$50,000	
  
College	
  B	
 ...
www.BestCollegeFit.com
© 2014, Peter Van Buskirk
Making	
  Sense	
  of	
  Financial	
  Aid	
  Award	
  LeVers	
  
	
  	
  ...
www.BestCollegeFit.com
© 2014, Peter Van Buskirk
Financial	
  Aid	
  Comparison	
  Worksheet	
  
1 Calculations for Year O...
www.BestCollegeFit.com
© 2014, Peter Van Buskirk
Appealing	
  Financial	
  Aid	
  Awards	
  
▲  Appeal	
  with	
  informa=...
www.BestCollegeFit.com
© 2014, Peter Van Buskirk
A	
  good	
  college	
  “fit”	
  is	
  one	
  that	
  will:	
  
▲  Offer	
 ...
www.BestCollegeFit.com
© 2014, Peter Van Buskirk
Ques1ons	
  
???	
  
www.BestCollegeFit.com
© 2014, Peter Van Buskirk
Peter	
  Van	
  Buskirk	
  
College	
  Orienta1on	
  Programming	
  
Cont...
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Interpreting Outcomes for Bewildered Applicants with Peter Van Buskirk

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Peter Van Buskirk from Best College Fit shares his experience and knowledge of the waitlist, admissions offers and how to guide parents and families though the college decision process.

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Interpreting Outcomes for Bewildered Applicants with Peter Van Buskirk

  1. 1. Interpre'ng  Outcomes  for   Bewildered  Applicants   Peter  Van  Buskirk   Author,  Speaker   Former  Dean  of  Admission   Peter@BestCollegeFit.com   www.BestCollegeFit.com    
  2. 2. www.BestCollegeFit.com © 2014, Peter Van Buskirk Most  Highly  Selec=ve  (1/8)   Highly  Selec=ve  (1/4)   Selec=ve  (1/2)   Somewhat  Selec=ve  (6/8)   The  Pyramid  of  Selec1vity  
  3. 3. www.BestCollegeFit.com © 2014, Peter Van Buskirk The  Enrollment  Model   selec=vity     yield         Applica=ons       Acceptances       Enrollment                     8,000       2,000       500                  
  4. 4. www.BestCollegeFit.com © 2014, Peter Van Buskirk Doors  of  Enrollment   ED      EA              REG                  WL                Other   Yield Ratio ??80% 20% 75%95% 1:1 5:4 5:1 4:3
  5. 5. www.BestCollegeFit.com © 2014, Peter Van Buskirk Inside  the  Wait  List   Applicants:   Acceptances:   Enrollment:   Poten1al  Enrollment  Scenario   8,000   2,000   500   Likely  Wait  List  leQers:                      2,000   #  of  students  remaining  ac=ve  on  the  WL:        500      
  6. 6. www.BestCollegeFit.com © 2014, Peter Van Buskirk Keys  to  Naviga1ng  the  Wait  List   ▲  Get  on  the  “radar  screen”  of  regional       recruiter   ▲  Update  file  (grades,  honors,  awards)   ▲  Visit  the  campus—again  if  necessary   ▲  Clarify  need  for  financial  assistance  
  7. 7. www.BestCollegeFit.com © 2014, Peter Van Buskirk How/When  Does  the  WL  Operate?   ▲  Wait  lists  become  ac=ve  mid-­‐April   ▲  It  starts  with  a  phone  call   ▲  Money  maQers   ▲  Who  represents  the  “low-­‐hanging  fruit”?  
  8. 8. www.BestCollegeFit.com © 2014, Peter Van Buskirk Responding  to  the  Wait  List   ▲  Student  must  decide  quickly  (48  hours)   ▲  Admission  confirmed  a_er  student   commits  to  enroll   ▲  Student  must  cancel  previous  enrollment   at  another  school  and  forfeit  that  fee  
  9. 9. www.BestCollegeFit.com © 2014, Peter Van Buskirk Financial  Aid  Matrix   No Need Low Medium High High Medium Low Non- Admits Students’ Demonstrated Need Students’Desirability 65% Number: ____ Projected Yield: ____ Average EFC: ____ SAT Profile: ____ GPA Profile: ____ Net Revenue: ____ 5%
  10. 10. www.BestCollegeFit.com © 2014, Peter Van Buskirk Preferen1al  Packaging   College  A   $50,000   College  B   $50,000   College  C   $50,000   G=$30,000   CWS=$1,500   GSL=$3,500   EFC=$15,000   CWS=$1,500   GSL=$3,500   EFC=$15,000   CWS=$1,500   GSL=$3,500   EFC=$15,000   G=$20,000   G=$15,000   PL=$10,000   ???=$15,000   G=Grants   PL=Plus  Loans   ???=Gap   EFC=Expected   Family  Contribu1on     CWS=Campus   Work  Study   GSL=Guaranteed   Student  Loans   Key  
  11. 11. www.BestCollegeFit.com © 2014, Peter Van Buskirk Making  Sense  of  Financial  Aid  Award  LeVers          Total  Cost  of  AQendance   —  (Grants  +  Scholarships)    Family’s  Total  Out-­‐of-­‐Pocket  Expense   ▲  Total  cost  of  aQendance  =  Room,  board,  tui=on,  fees  &  other   expenses   ▲  Determine  where  community-­‐based  scholarships  are  to  be   credited   ▲  Confirm  that  ins=tu=onal  scholarships  are  renewable  
  12. 12. www.BestCollegeFit.com © 2014, Peter Van Buskirk Financial  Aid  Comparison  Worksheet   1 Calculations for Year One of College College A College B College C College D College E First Year Educational Costs: Tuition 40,114 31,904 12,388 26,825 Fees Books/Supplies 1,000 800 Transportation 1,500 700 Room & Board 10,080 8,065 10,900 Miscellaneous 600 1A Total Cost of Attendance 52,694 51,740 31,904 20,453 39,825 2 Financial Aid Components: 2A Gift Aid: Institutional Scholarship #1 19,820 20,000 8,000 3,000 25,950 Institutional Scholarship #2 17,500 4,000 2,700 750 Institutional Grant 2,000 1,500 3,000 Federal Pell Grant 1,400 1,400 1,400 1,400 Other Grant (SEOG, etc.) 750 6,160 2A Sub-Total Gift Aid 41,470 26,900 12,100 3,000 37,260 2B Self-Help: Federal Subsidized Stafford Loan 3,500 3,500 3,500 3,500 Fed. Unsubsidized Stafford Loan 2,000 2,000 2,565 Perkins Loan 1,500 1,000 1,500 Institutional Loan/Financing 15,340 PLUS Loan Federal Work Study 2,200 3,000 1,500 2B Sub-Total Self-Help 7,200 24,840 8,500 3,500 2,565 3 Total Financial Aid (2A+2B) 48,670 51,740 20,600 6,500 39,825 4 Remaining Out-of-Pocket Expense (1A-2A-2B) 4,024 - 11,304 13,953 - 5 Total Expense to Family (1A-2A) 11,224 24,840 19,804 17,453 2,565
  13. 13. www.BestCollegeFit.com © 2014, Peter Van Buskirk Appealing  Financial  Aid  Awards   ▲  Appeal  with  informa=on—not  argument   ▲  Present  informa=on  in  person,  if  possible   ▲  Don’t  wait  to  make  the  appeal   ▲  Show  compe=tors’  financial  aid  awards  
  14. 14. www.BestCollegeFit.com © 2014, Peter Van Buskirk A  good  college  “fit”  is  one  that  will:   ▲  Offer  a  program  of  study  to  match  your  interests  and   needs   ▲  Provide  a  style  of  instruc=on  to  match  the  way  you   like  to  learn   ▲  Provide  a  level  of  academic  rigor  to  match  your   ap=tude  and  prepara=on   ▲  Offer  a  community  that  feels  like  home   ▲  Value  you  for  what  you  have  to  offer  
  15. 15. www.BestCollegeFit.com © 2014, Peter Van Buskirk Ques1ons   ???  
  16. 16. www.BestCollegeFit.com © 2014, Peter Van Buskirk Peter  Van  Buskirk   College  Orienta1on  Programming   Contact  Info:     ▲ Students  &  Parents   ▲ College  Access  Professionals   ▲ 717.808.5462   ▲ Peter@BestCollegeFit.com  

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