To all parents out there navigating the college process in these unprecedented times, we would like to thank you for working overtime to make sure your child finds the best fit. While it is still cloudy as to when we will be restored to normal, we would like to take this time to clear up what we do know for both high school seniors and juniors.
- Student deposit due date – Traditionally May 1st, however many schools have postponed their deposit due date until June 1st. Be sure to check the sites of all of the schools on your child’s list
- AP exams – Format has changed to a 45 minute online free response question based on subject material learned up until March. (Only covering 75% of the total subject material)
- Campus Tours – If you still need more info or a last minute virtual tour on some of the top schools on your child’s list, try Youvisit.com
- SAT’s – The May SAT’s have been canceled and the June session is still on for now, but that is subject to change. Of note, June sessions will likely be near capacity, so if your child has not yet registered it is best to do that as soon as possible to reserve a spot
- ACT’s – April test date has been moved to June. There is also a July test date as well
- Standing out with lower reliance on test scores - Since most students will likely be limited to one test, many student advisors point to a greater reliance for schools to consider extracurricular activities in their acceptance decisions. For students, this means going the extra step on senior projects, and contacting schools for student interviews can make more of a difference than ever before
While there isn’t much good to come out of this situation for students nationwide, there may be some good news for incoming college students. Federal Student loan rates will decrease for the 2020 – 2021 school year.
In this tumultuous time, we would like to offer encouragement to these high school seniors and their families who have faced more adversity than any graduating class before. We will continue to provide updates as more information becomes available. If you have any questions on the college process, feel free to reach out.
All the best,
Financial Planning Solutions, LLC (FPS) is a Registered Investment Advisor. Financial Planning Solutions, LLC (FPS) provides this blog for informational and educational purposes only. Nothing in this blog should be considered investment, tax, or legal advice. FPS only renders personalized advice to each client. Information herein includes opinions and source information that is believed to be reliable. However, such information may not be independently verified by FPS. Please see important disclosures link at the bottom of this page.