Financial Aid Discovery

In November of their daughter’s senior year, the Powell’s weren’t sure about choosing prep school or college. They decided they wanted both options, so they pursued both and postponed the final decision until later.

As they applied to both colleges and prep schools, and started to negotiate financial aid with both, they discovered something they hadn’t expected. Worried the Powell’s would opt for prep school, colleges that were seriously recruiting their daughter offered them more financial aid to try to convince them to choose college. Just the option of seriously exploring prep school provided them financial leverage that was worth about $5,000 per year. While it’s not new for colleges to negotiate financial aid when competing with other colleges, competing with prep school is a different variable, and because it is it gave the Powell’s a different kind of leverage they hadn’t expected.

In the end, they chose college after getting an offer that was too good to pass up. Since they had opted for college, the Powell’s initially felt they had wasted the money spent on getting help with the prep school process. After some reflection, they came to the realization that it was a very smart move. They saved almost ten times what they invested by simply exploring the prep school option.

 

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Quote of the Day – Adjusting to College and D1 Sports

 

Last year it was just difficult with the balancing of school, being in a new city; it was a lot to handle and it’s tough for freshmen to play well in Division I

 

One of the top golfing recruits in the country talking about struggling to play up to his potential as a college freshman.

 

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Don’t Leave PG Year Early

Leaving a PG year before graduating is almost always a bad decision. Not only do student-athletes lose educational benefits, they also call into question personal characteristics like integrity and dedication when they fail to live up to their commitments. Ironically, those that leave early are usually the ones who need to stay the most.

Education is about life preparation. Prep school, especially a PG year, and even more than high school, is all about life preparation. It’s not just what is learned in the classroom, it’s about maturity, responsibility, decision making and character. It’s about teaching the student-athlete what to do in college when there are fewer rules and more choices. It’s about how the student will react in certain situations. What will he or she do when no one’s watching? Bad decisions such as leaving a PG year before graduating pave the way for bad decisions in college.

Here is just one glaring example of a poor choice by a student and family, both of whom should know better.

Derrick had no scholarship offers after his senior year of high school. An average student, his grades were not keeping him from receiving a scholarship, but he needed to learn what it takes to make his grades and test scores reflect his natural intelligence. He opted for a post-graduate year at a school with an excellent track-record in his sport and a level of education that matched it. Three weeks short of his prep school graduation, and just days after receiving a good, mid-level D1 offer, Derrick left his prep school and went home, claiming he wanted to spend more time with his family before starting college summer school the following month.

His prep school coach, a former D1 standout and excellent student at one of the academically top rated D1 schools in the country, talked to Derrick at length about the decision. He accurately pointed out the flaws in his decision making and urged him to reconsider. So did the Director at the school. What came out in the conversations was not an issue of time with family at all. As it turns out, a two week family trip to Europe was already planned for the day after graduation, so there would be plenty of time with family. What came out in the conversation, the real issue, was that Derrick had been slacking off in his classes and would have to work hard to catch up. In addition, he was going to have to take end of the year exams. Despite knowing this before he agreed to do a PG year, he now claimed that was going to be too much work, especially since he had already done it last year as a high school senior.

Teenagers make questionable decisions. Parents are supposed to know better. Any parent knows parenting isn’t easy, but it’s part of the job description. Derrick’s parents supported his decision. They invoked the all to common refrain “he’s 18, we can’t make him do it” and offered no resistance. His prep school coach explained to Derrick’s parents how much more difficult college will be given the increased demands of sport and classes, and how they were setting a bad precedent by supporting Derrick’s decision to not live up to his current responsibilities. Nothing changed. Parents and child missed a valuable opportunity to increase their chances of future success.

Another adult in the support system who failed Derrick was the post-graduate director at the prep school. Contrary to the coach and school Director, he offered virtually no resistance to the decision, begging the question of what exactly he is responsible for in his position.

Derrick’s future college coach, more than anyone, had the power to change the situation if he wanted to. One simple sentence telling Derrick to finish prep school and that would have been the end of it. A future college coach’s word is gospel to a brand new recruit, and Derrick would have done whatever his college coach told him to. Instead, the coach did what’s all too common. He took the path of least resistance by not challenging the family. Like many in today’s litigious society, he chose to avoid confrontation and the possibility of offending anyone. Ironically, he cost himself, his athletic program and the college in the process. Even though Derrick had accepted the scholarship offer, the university admissions department had yet do admit him. Leaving prep school early was not going to help that. In addition, Derrick’s degree from a prestigious prep school would have reflected very well on the college athletic program and the kind of kids the coach is recruiting. This college generally gets few, if any, students from schools of that caliber, the athletic program almost none. More importantly, Derrick likely might have received some college credits from his PG year. With the demands on time at the college level, along with the increased difficulty of the courses, many athletes drop courses during the season or take a lighter load and less challenging classes to begin with. Having credit for some courses before he arrived on campus would be a significant benefit. It also might have allowed him to take graduate courses as a senior, which would again reflect well on the sports program. Finally, college is an academic institution first. The idea of a college coach signing off on this type of decision is at best ironic, at worst unacceptable. Both the kid and college would have benefitted if he’d stayed just three more weeks at prep school.

Some would rationalize decisions like Derrick’s by saying the student will make the right decisions when it comes time in college. History shows that’s unlikely. As in sports, the sooner a child learns life’s fundamentals and forms good habits, the better the chances of future success.

Others would say the prep school coach and the school Director are biased, that their reasons for not wanting the student to leave school are motivated by self-interest. While there’s certainly some truth to that, it’s dwarfed by the objective facts as stated above. These are people in educational leadership positions whose job it is to provide the best guidance they can to teenagers and parents. They got it right.

Not only do athletes cheat themselves emotionally and educationally when they fail to finish a PG year, they exhibit a lack of work ethic, commitment and perseverance that should be concerning to college coaches. They’re going to get the sport benefit either way. They might as well get the non-athletic benefits while they’re there. By leaving school early, not only did Derrick forfeit a degree from a prestigious prep school that would have followed him for life, he and his parents missed a great chance to improve his chances of success in college and in life.

 

 

 

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D3 vs PG?

Many parents and coaches, especially those at the D3 level, think a post-graduate year is a waste of time and money if the athlete still ends up at the D3 level after the PG year. On the surface, it can look that way, but only if one mistakenly uses a D1 scholarship as the only measure of success. There’s a value opportunity most parents and coaches miss. A PG year is really an investment with minimal risk. At the right price, it’s a very good risk. Here are the benefits achieved, even if a D1 scholarship is not.

 

Return On Investment

  1. Better education
    1. The student is likely to be accepted at D3 schools with higher academic ranking
  2. Lower college cost
    1. The family is likely to get a better financial aid package at D3 schools
      1. $8,000 per year in savings results in an average net prep school cost of $0, while getting all the other PG year benefits, including college credits
  3. Better preparation for college
    1. The child will be academically more prepared
    2. The child will be athletically more prepared
    3. The child will be emotionally more prepared and more mature
    4. A PG year gives a student a much better chance to thrive in college, not just survive
  4. A years worth of college credits?
    1. College level courses taken as a PG can translate into college credits
      1. Students can graduate sooner from college thereby saving cost
        1. The cost of prep school courses can be less than college
      2. Students can take graduate level courses in their fourth year of college
      3. More and more students are taking more than 4 years to graduate from college anyway

Investment Amount

The value is clearly there for a PG year at the right price. So, what is the right price? The rule of thumb is to spend what one year of college would cost. Spending less than that should be a no-brainer. Spending more makes it a much tougher/poorer decision.

 

The PG year provides all the benefits above, while keeping alive the chance for a D1 or D2 scholarship, and the four free years of education that go with it. Under the proper circumstances, this is an excellent decision.

 

 

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Don’t Laugh Too Hard

While this will certainly be funny to many, it’s just one example of mistakes commonly made by families trying to navigate the recruiting process. So enjoy the laugh, but don’t think others aren’t laughing at similar things you’ve done.

Devin is a talented basketball player. He and his mother recently told me and others he was being recruited by a good mid-level D1 school. Skeptical, I asked them to define the recruitment. They showed me an email inviting them to a reception for prospective students to be held at an upcoming basketball game at that university. What they didn’t understand, as they interpreted this invitation from their subjective point of view, was that the invitation was a mass mailing sent to many prospective students by that university in a general marketing attempt to increase applications and enrollment. It had nothing at all to do with his basketball talent or any basketball recruiting. The reception just happened to be at a basketball game because it was that time of year and basketball is the high profile sport at this particular university. They didn’t know that. They thought it meant he was being recruited for basketball. Most would have instantly seen that this was a mass emailing. In Devin’s defense, he is talented enough to get some D1 basketball interest. This just goes to show recruiting is a tough thing for most families to interpret. So remember, don’t laugh too hard. This might already be you, and you just don’t know it.

 

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You’re Proving My Point, Not Yours

 

 

We don’t need help finding a prep school. We can find a school ourselves.

 

If you’re making this statement, you’re asking yourself the wrong question. The question isn’t can you find a prep school without help. Many families can find a school on their own. If you don’t care where you end up, any road will get you there. The question is can you find the best one for reaching your goals, the one that will maximize the investment of time and money you are making in prep school. If you’re not asking the right question, or don’t have the right goal, why is there any reason to believe you will be successful doing it yourself?

 

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Sacrificing Education – One Example

James, a weak student and talented athlete, had two choices at the end of his senior year at catholic high school. One, attend a “football factory” for the fall semester where the level of football and exposure would be high and he would not have to take any classes. Two, accept an offer to attend a prep school where the football level would be lower and he would receive a life-changing education he would not otherwise have had access to without leveraging his athletic talents.

Paying for either option was an overriding factor for this family, whose financial troubles were such that just finding the money for the monthly utility bill was a challenge. The football factory would cost $10,000 – $15,000 for one semester. The prep school option would cost nothing, and would include the whole year, not just a semester. Without giving it a second thought or visiting the prep school, James chose the football factory. His parents, who had initially vetoed any consideration of a football factory, relented, committing to paying the money while admitting to having no idea where they would find it.

As it turned out, at the end of the season at the football factory James was no closer to a D1 scholarship than he had been a year earlier. He had no D1 offers. Instead, he had now been out of the classroom for a semester (it would become a year as he went home for the second semester and essentially did nothing) and his family was now significantly in debt. Had they prioritized education first, at least James would have received a top-shelf education while making friends and connections that would stay with him for life. They sacrificed an education James sorely needed and spent money they didn’t have, and ended up with essentially nothing to show for it.

Ironically, there’s a solid argument to be made that what kept James from receiving a scholarship is exactly what was missing at the football factory and abundant at the prep school. Physical talent was never James’ problem. Maturity, responsibility, discipline, hard work and personal growth were. By definition, those characteristics are all in short supply at sports factories. At the prep school he would have been immersed in them 24 hours a day in the form of his classmates, school faculty and coaches. How ironic that what he needed most to reach his goals was at the place the family didn’t choose, and would have come with the education of a lifetime.

 

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