Student Loans. Demystified.December 6th, 2014
As thousands of students around the world make their way back to college, many of them are experience first-hand the notion of being in debt. According to the chart from Sallie Mae, a leading student loan lender, Student Borrowing accounted for 18% of financing for college. In addition, another takeaway is that Student Income and Savings accounted for 12%. This means that on average, students footed 30% of their college bill.
Student loans can be a way to pay for higher education. In other words, students are making an investment in their future. However, the loan documents can be confusing and choosing the right loan is difficult. This page is designed to help students and parents understand the basics of student loans and provide additional resources.
To get a student loan, you will need to start off by first filling out the Free Application for Federal Student Aid (FAFSA). It is imperative that you fill this out because the Federal Government provides grants and scholarships to those who qualify. To fill out the FAFSA you will need a copy of your last year’s income tax return. Here is a list of Federal Grants that you can apply for.
Grants and scholarships are essentially gifts to you to pay for your education and you do not have to pay them back. Yet grants and scholarships do not always pay for the entire cost of attending college. So that you’re prepared, I want to introduce you to the most common student loans. They include:
- Perkins Loans
These loans are available to all students: part-time, full-time, graduate, and undergraduate. Highlights of a Perkins loan include: low interest rate, deferred payments, and no prepayment penalty. Depending on your status, undergraduates can get up to $20,000 over their undergraduate years while graduate students can get up to $40,000 of over their graduate years.
2. Stafford Loans
Like the Perkins Loans, these loans are available to all students. Highlights of this loan include: flexible repayment options, fixed interest rate (6.8%), and the interest can be subsidized if you demonstrate need. The loan limit ranges from $2000-$20000.
3. PLUS Loan
Lastly, the most popular form of a loan is the PLUS Loan. These are unique because students can get large amounts depending on the cost of attendance. Careful! This type of loan can only be taken out by parents, so they will need to pass a credit check. Unlike the other loans, interest is higher at 8.5% and is not subsidized. Also, repayment begins 60 days after the loan is made.
As you may have noticed, loans come in a variety of forms and can be a way to finance the cost of college. The best way to get more information about college funding is to meet with a financial aid advisor at your college. They will be able to provide you information about scholarships available your college and other types of financing. If you’re still seeking more information about federal funding, please visit these two sites:
- The Department of Education’s loan page (where you can view the Student Guide)
- The Federal Student Aid Direct Loans site
Posted in Affording College, Businesses, College, Parents, Students, Super Category, Uncategorized | No Comments »
Resumes are like houses. Here’s why I believe it.August 21st, 2014
When you first look for a job, you probably start looking on www.flipgigs.com. Then, all of a sudden you realize, “Wait! I don’t even have a resume! What are those again?” People usually think of a resume as a fancy piece of paper with your education, experience, and skills on it. Yet, there is more to a resume; it is a document that speaks to a potential employer. Just like you want your house to scream “Buy me! Buy me!” to potential buyers, you want your resume to scream “Hire me! Hire me!” In fact in many ways, a resume is like building a house; you have to follow certain steps to make sure you are left with a beautiful end product.
Step 1: Design
Before every house is built, architects come together to brainstorm what the finished house will look like. If you are a job seeker, you need to brainstorm as well, but in a different way. Start off by asking yourself these questions:
- What is my career goal?
- Have I received any kind of special award?
- Where have I gone to school?
- What other jobs have I had?
- What skills do I have?
The list is endless. Employers love to see candidates who bring something new to the table. Your focus at this stage is to brainstorm what content to include on your resume.
Step 2: Foundation
After the architects agree on a design, construction of the house begins with laying the foundation. For a resume the most important part is your education. Stating your education first shows a potential employer what your interests and how you can fit into the workplace.
Step 3: Walls
The next step in construction is building the walls. Valuable experience such as internships, a long history of work experience, and volunteer activities can help build up your resume. Haven’t found a part-time jobs or internship yet? No worries! Start by looking on www.flipgigs.com! If you have tons of extracurricular activities and can’t decide which to use, I suggest adding the top 5. Remember that you need to provide a short description of specifically what you did and its importance. You want to show the potential employer that you did something useful and beneficial.
Step 4: Roof
No house is complete without a roof. To cap off your resume, polish it off by stating your skills. Skills? From your brainstorming session, add in the skills that you are good at. Maybe you are a good artist? In the skills section write that you possess a fantastic artistic ability. Support this by including your portfolio and any awards you have won.
Step 5: Decorate!
Walls? Check. Roof? Check. Floor? Check. Time to paint! The last step in building a resume is to make it look professional. This means choosing the right font, placement of your different sections, type of paper, etc. At the top of your resume add your name is large, bold text. You want your employers to associate your name with your face. Then add your contact information below your name. Here are a few words about email addresses: Make sure it is appropriate. Would you want the potential employer to remember you as the person who has great skills or the guy who uses email@example.com? Create a new one if you have to. Then add your career goal, then education, then experience, then skills. Use Times New Roman font as it is a clean and professional font. If you need a visual representation, check this out: http://bit.ly/15bjvsJ
Remember! First impression mean a big deal in the job market, so when it comes time to introduce yourself the employer, greet them with a smile, give them a firm handshake, look them in the eye and tell them why you would make a great employee.
Written for Flipgigs by Henry Spivey
Posted in Businesses, College, Job, Parents, Students, Super Category | No Comments »
How to Stay Sane While in SchoolAugust 6th, 2013
Here are some tips to keep you sane during the school year ahead!Don’t let the bed bugs bite! When you first move in, make sure everything is up to your standards. This should be taken seriously because you will have a miserable year if you don’t like your room-mate, the walls have holes in them, or your bed has bed bugs! Take the first few moments to take it all in and make sure you’re comfortable.
Relax! Dedicate some time out of every day to relax. I prefer right after my last class to come back to the dorm and do nothing Of course, that doesn’t last forever so 20 minutes is usually good. That’s enough to watch an episode of your favorite TV show or get a snack or socialize a bit.
Eat well! The college cafeteria is loaded with things you would probably reserve for a rat. Ewww! The chefs are focused on quantity, not quality. Keep your diet healthy, although I would recommend trying something new each week. Having the same old stuff every week will get boring :/
Get to know others! It has been proven, although I can’t find the study, that students who get to know their professors perform better relative to their peers. Like a subject that isn’t exactly your major? That’s OK because professors enjoy hearing other students’ passion for a subject. Other than getting to know your professors, making friends and connections will help you while in school and beyond.
Stay organized! College is all about time management. With so many distractions it can be hard for students to stay organized. Getting behind on an assignment can mean pass or fail. Don’t panic, however. Keeping a to-do list and a calendar will help big time! Most of all stick to your schedule (or at least try to!)
Find a job on Flipgigs! Walking around your university will get boring after a while. Explore your surrounding city and find a gig in a local store. Check out Flipgigs to see who is hiring in your area. Employers post the gigs they need filled and people can reach out to them by stating their skills, what they’re looking for and find a job! Plus getting a job builds a resume by providing experience and, most importantly, cash!
Written by Henry Spivey for Flipgigs
Top 5 Best Jobs for StudentsMarch 4th, 2013
Looking for a job this year? Do you happen to be a student? This is the right article for you then! The following 10 jobs are great choices for students because they will look good on a résumé, work around class schedules, and offer decent pay. Here are some of the best jobs that you can get as a student…
1. Social Media- With the up and rising social media websites, many companies (especially start ups) are looking for people to run their social media websites, add content, and update the website. Many start up companies like the idea of having students work for them as social media consultants. Facebook, Twitter, Pinterest, and Instagram, are just some of the many social media websites that companies may want you to update on a regular basis. Getting to know these websites will enable you to assist other companies…and get paid in the process.
2. Paid Internships- Not your typical part-time job. Try to find a paid internship in the field that you would like to work at one day. The benefits are that you can gain more skills for your resume while still getting paid for it! Get paid to learn! If you show good working skills at the time of your internship you may even be able to get promoted up to a real job at that company! Some businesses that offer paid internships are: Flipgigs, EA Games, and more! Check your local companies to see if they offer paid internships!
3. Virtual/On Site Tutor- Never leave the room and make money! Or help people in your community/ school! You can help other people to know the subjects that you are best at…and get paid for it! It will also sharpen your own skills in the subject. You cannot go wrong as a virtual or on-site tutor. You can sign up to find people that on-site tutor in your area at Flipgigs or a virtual tutor at Champion Learning or Academic Advantage.
4. Babysitting/Petsitting- If you know lots of parents with a lot of kids or pets, than babysitting and petsitting might be the job for you. This is a great way to earn money up front. It is often known as one of the “go-to” ways to earn money as a student, but it really works! Babysitting can be as limited as just watching the children to as extensive as making meals and cleaning up the house. Make sure that you know what you are signing up for. Are you a parent looking for a babysitter? Check out our other blog post that deals with that subject! Click here to find a Good Babysitter for Your Children. Parents can also sign up at Flipgigs to search for students to hire for the babysitting gig.
5. Campus Positions- High Schools sometimes offer small forms of work for students. If you are in college don’t overlook campus positions. You can in a sense be paid to go to school! The pay may not be too fabulous but you will still gain experience and there is little to no commute (you were planning on going to school anyways, right?). Some jobs include: librarian’s assistant, teacher’s assistant, lunch personnel, and much more!
Written By:Kiana Valdez
Blog Writer, Social Media Consultant, Flipgigs
Posted in Businesses, College, Job, Parents, Students, Uncategorized | 5 Comments »
How to Find a Good Part Time JobJanuary 13th, 2013
There are many reasons why one would want to take up a part-time job. One reason could be that they are student and therefore do not have time to participate in a job. So it’s important to try to find a part-time job that will fulfill their needs as well as bring in cash flow. Here are some tips to help you find your next part-time job.
One tip is to remember that there are hundreds of students just like you trying to find a student job also. So it is important to be creative about what you look for. Finding a good job is not impossible but it does require some effort.
One thing to start doing when looking for a part-time job is to look locally for any openings. Check to see if your school has a college and career center. Potential employers often look to those places for new recruits. Also check out listings in the local or school newspaper. Companies also often use those means to find new employees.
If you tried that but it still doesn’t work, try checking the Internet. The World Wide Web offers good opportunities for you to find a good part time job. Websites like www.flipgigs.com allows students to make a FREE account. To start looking for work, make your account today!
Once when you land an interview, be sure to keep a few things in mind.
-Be punctual- Why is it important to be punctual? It doesn’t give off a good impression if you are late. So arrive early! Review in your mind what things you would like to say. That way you won’t look/feel rushed. Remember it is better to be 15 minutes early than 15 minuets late. Ever so often there may be times that emergencies come up that make you late, but being late constantly makes you unreliable. By being punctual you show respect to the other person. You prove that you can be trusted, are reliable, and are professional. When trying to get a job, especially as a student, it is important to have those qualities.
-Dress and Grooming- Make sure that your attire is appropriate for the occasion. The more business-like the better. It shows that you take the job seriously. Sight is a very important factor that we use in our daily lives to judge people. Certain studies state that inappropriate dress and grooming have caused over 40 percent of job rejections. Good and clean dress and grooming gives off a good impression and makes you feel more confident and better about your own self.
-Conduct and Speech- this goes without saying, but being polite and proper is essential. Try to stray away from using slang words. This shows the employer that you strive to talk in a way that sounds well educated. And it is always good to be polite in your daily life, but even more so in a professional setting.
In the end, finding a job may be hard, but don’t give up!! There is a job waiting for you out there somewhere. You just got to find it!
Posted By: Kiana Valdez
Social Media Intern for flipgigs.com
Posted in Businesses, College, Featured, Job, Students, Uncategorized | 3 Comments »
Keep a Job…Even After the Holidays!January 9th, 2013
During this time of the year, many companies that have been hiring just to fulfill the flow of potential increase of clients. But as the holiday season starts to end, so can many jobs. If you are one of those that have been hired because of this time of year, how can you ensure that you can keep your job, even after the holidays are over?
Here are a few tips:
1. Be punctual- It shows that you value your working time and also the time of others. It also shows that the job is really important to you.
2. Have Integrity- Allows the employer to trust you. In most cases if they like you, they will hire you again if needed.
3. Hard work- It seems like a obvious one, but it is true! Even if it seems like there is nothing to do, try to talk with a manager or supervisor and ask if there is anything else that you would be able to do.
In the end, hard work and enthusiasm for your job can move your boss to keep you in for the long haul. Try to get on his/her good side early, and show them why you would be a good candidate to work full or part time. Express to them how you feel about the matter. And who knows? Maybe you will be able to keep your job even after the holidays!
Posted By: Kiana Valdez
Social Media Intern for flipgigs.com
Posted in Businesses, Featured, Job, Students, Uncategorized | No Comments »
The Benefits of Hiring a StudentNovember 26th, 2012
The older the wiser, as the saying goes. But is there any advantages to hiring students over someone else? It may be surprising that there may be some benefits. For the student and for the business that hire them, it can be a win-win situation for both parties.
Take for example, character. What many students have in lack of experience, some make up for it with character. They are often more humble and willing to take direction and instruction. Students still in school or recently graduated may be looking for avenues of work that fine businesses can supply. Employers are then able to hire someone who may be more energetic and motivated at little or no cost, while the intern learns more about working in the “real world,” enhance their résumé, and a future job reference.
Another benefit is that it is possible to hire a worker that you wouldn’t need to have a long term contract with. But it will bring a new fresh mind on the team.
Students are not just good for babysitting jobs either. Often they can help with things involving social media and marketing. These days, students usually have extensive social media networks allowing them to be in contact with lots of people around the world in short periods of time. That means that with one click of the mouse your business could be looked at by lots of people. Typically in this day and age, technology is easily accessible and widely used by the younger population, which can also be used to increase the popularity of your company.
Use their inexperience to your advantage! Often students are able to learn quickly and be able to perform efficiently. And because they may have less experience than other potential employees, there is no need to make them unlearn any bad habits or old ways that more experienced people may have learned throughout the years. Also because of that fact, students may be more readily available to do jobs that certain people may feel is below them. This may speed up work flow because they would be able to do the more unglamorous tasks that no one else would like to do.
Believe it or not, students may even be more easy to manage. After the initial interrogation of “what do I do here” and “how do I do this,” they often are less likely to complain or argue with your instructions.
All people have talents, it is just a matter of finding those talents and improving on them. And it is good to remember too that, everyone has to start somewhere. And who knows? You may be helping the next Steve Jobs or Bill Gates rise to the top!
Looking for some students to hire?
Check out www.flipgigs.com to hire some students today!!
Posted By: Kiana Valdez
Social Media Intern for flipgigs.com