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Welcome everyone. My name is Coach David
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and I am your guide today in for our
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kind of Wednesday training. It is April
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23rd just after five o'clock and we are
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getting started by talking about what
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parents should be doing. Okay, so this
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is kind of parents 101. What to do to
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help your student and keep them on
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track. Now for today, right, some of you
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guys might be here and might be like,
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"Wait a second. Today is usually the
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financial aid training." You're right.
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It usually is, but sometimes I want to
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mix it up a little bit. And so to for
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today, I have actually kind of brought
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in multiple different pieces. We're
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going to be talking a little bit about
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the admissions process. We're also going
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to be talking a little bit about
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financial aid as well and what parents
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you need to be doing to prepare. Right?
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So, just generally speaking for today,
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the agenda is parents, what do you need
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to do to prepare for your student and
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how do we keep them on track? Okay. Now,
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for those of you that know me, right, my
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name is Coach David, right? I am a
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former lawyer, right? I've been working
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with families for the last 16 years,
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right? I also run our financial aid
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program. Okay. U if you have any
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questions, you can definitely put them
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in the chat, in the Q&A. You can also
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email me, Facebook messenger me, Discord
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message me, whatever way that you feel
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comfortable reaching out, please do so
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so that we can make sure to answer your
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questions. Okay. So, as far as this
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training, right, I'm probably sure you
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guys probably know 10 other families
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that probably need to see this. Okay.
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Um, and so if you are in our coaching
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family, the replay will be available on
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our private YouTube channel, right? If
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you're in our Facebook groups, it will
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available on on our uh on our Facebook
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like we'll make a Facebook post. You
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just go ahead and put the keyword in and
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then our team will get you this replay.
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Okay. So, without further ado, right,
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again, like I said, it's a mix of kind
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of what's going on like what do parents
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need to be doing? But I also wanted to
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bring in some financial aid elements.
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So, financial aid breaking news. Okay,
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so this is something that just came out,
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right? Everything else that I've been
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talking about with financial aid news,
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right? The US Department of Education
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disappearing, right? Uh federal funds
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being cut, you know, all these different
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things, they're still kind of in the
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works. We're still in limbo. We're we're
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waiting for the kind of like the other,
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you know, shoe to fall. Okay. But new
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news that came out was that starting on
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May 5th, right, or proposed it proposed
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starting on May 5th, the government is
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actually going to involuntarily start
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taking back money from people that are
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in default on their student loans. Okay?
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Now, what that means is that they can
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take money from your tax return away,
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right? If you're getting paid by the
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government for Medicare or Social
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Security or this or that, they can also
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take that money away. Right? Now, how
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many people does this affect? It affects
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5 million people. So 5 million people
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currently are in default, right? So it's
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going to affect a large portion of the
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population in a negative way. Obviously,
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money out of your pocket is not a good
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thing. Right now, obviously, we got into
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kind of a student debt crisis because
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people weren't paying back their loans.
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So, I understand why the government is
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trying to do this, but it doesn't seem
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like the most opportune time to try to
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do this because well, of everything else
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that's going on in the world, okay? But
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it's something that that was new in
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financial aid news. So I definitely
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wanted to bring it up. Right? So if
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there is new financial aid information,
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I will try to bring it to you every
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single week. Okay. Now, before we get
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into our training today, right, I always
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have families reach out to me after the
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fact, right? They're not part of our
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coaching program. They're not getting
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any help from anyone else and they're
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like, "Yeah, so my kid finished his
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applications. What could have what could
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he have done better or she have done
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better?" Well, you could have talked to
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us beforehand, right? And so I want to
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introduce right you know in conjunction
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with Eagle Lock which is our parent
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company right our college app intensive
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it has already started this weekend we
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will be on our third iteration of our
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kickstart which is our one-day event to
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help students brainstorm their ideas and
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get to a very very solid draft right
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those are happening in April May and
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June so if your student needs help
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getting started right and they do need
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to start now right make sure that you
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guys contact us okay and then Later in
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the summer in July, August, and
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September, we do have our accelerator,
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which is our two-day event, which is our
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kind of weekend to help students take
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those drafts that they had from
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Kickstart and send them to their final
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drafts. Okay? If you are interested in
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this, please text or please well, I'll
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have the text number later, but you can
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collegeappointensive.com to get more
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information about this. Okay? There are
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not a lot of spots left. So, if you are
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interested, you do need to sign up now.
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I know that everyone thinks it's a
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gimmick. There's not a lot of spots
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left, but go check our website and see
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what spots are left. There really is not
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much left. Okay? So, please go ahead and
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sign up for that or look for more
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information and I will also have a
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number you can text and also a QR code
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to reach out to our team. Okay? Now,
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like I said, today's going to be a
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little bit different. We're going to be
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talking about admissions and we're going
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to be talking about financial aid. Okay.
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Now really right now in in the chat or
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like in the kind of like attendees here
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I see a lot of parents. I also see some
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students right but parents please please
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listen. This is very important for you
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to understand. Okay. So some of the
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things that I say today might seem a
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little bit mean, right? And you might
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even be a little bit offended, right?
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But I say it so that you understand the
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situation and so that you can actually
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have a healthy relationship with your
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student during the college admissions
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process. Okay. So right we are today
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we're first starting out we're going to
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talk about how parents need to prepare
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for the
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202526 college admission cycle. Okay. So
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that's where we're going to start right
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now. first and foremost, right? This is
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going to be a lot of our kind of like,
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you know, currently, you know, our
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seniors right now, this is going to be
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the picture, right? And for junior
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families, right, that have juniors
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parents, you're probably thinking of
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this day when your kid will be
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graduating with their cap and gown. You
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guys take a family picture at
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graduation, right? But the one thing
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that I want to remind you is that the co
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the stu the student is the one that is
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going to college. Mom and dad, stepmom,
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stepdad, right? Or maybe even grandpa.
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Grandma is raising the kid, right? Or
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uncle uncle and aunt. The college is
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going the college, the student is going
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to college, not you. Okay? Now, I
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understand that for the past 12 years,
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you have been making sure that your
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student gets to school on time, making
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sure that they get their homework done,
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but the student is going to college.
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They're the ones that are going to have
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to eat there, sleep there, and study at
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that college, right? The reason that I
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start out with this key piece of
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information is that because you as
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parents, right, you or kind of
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guardians, right? Whatever it is, right?
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You have an influence on your student,
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right? Now, for a long time, they have
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been following in your foot footsteps,
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right? You guys have been the model that
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they have followed. But during this
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process, this is kind of their first
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initiation into adulthood, right? So
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they should be forging their own path
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when it comes to college. Okay. Now,
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there's going to be a lot of
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reiterations of these pieces as we talk
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about different pieces of the admissions
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process, but okay, remember parents, I
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love you guys all, okay, but I want to
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make sure that you and your student
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after they get into college still have a
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healthy relationship. Okay? Now, in
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order to help your student, you need to
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understand the admissions process. So,
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one of the key things that you need to
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do is stay informed, right? Make sure
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that you understand the different
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aspects to applying to different
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colleges, right? What do the deadlines
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look like? What are some of the
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requirements? Do they have letters of
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recommendation? Is there standardized
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testing is required? Do they require
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this? Do they require that? Right? Those
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are the things that parents on your own
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time without your student there that you
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can stay informed on. Right? Also, you
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might want to start start kind of
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thinking, okay, what are some of the
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schools that your your student has
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mentioned, right? The reason that you
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want to stay informed is not so that you
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can do it for your student, right?
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Instead, maybe you say, "Hey, here's
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some things I found." And give it to
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your student. Say, "These are some
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things that you should be reviewing for
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the different colleges that you have."
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And if they have questions, right, then
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you can answer. Okay, so parents, right,
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you need to stay informed during this
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process.
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Okay, another thing is that changes
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always apply. Some parents start a
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little bit too early when it comes to
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different things, right? I've even seen
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a parent and a student fight during one
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of our, you know, monthly check-ins when
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we we have the meetings with the
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students and I'm like, "Oh, didn't you
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know that something changed about this
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school? The essay prompt changed. This
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changed that change." So, parents
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understand things do change. Things do
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not get finalized until August 1st of
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kind of so for juniors right now until
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August 1st, 2025, right? Deadlines
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change, right? Requirements change,
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right? The essays may change, right? And
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I say may change because a lot of
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schools don't really like changing their
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essays because it kind of messes up
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their system, right? But parents, this
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is where your years of web browsing kind
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of, you know, experience can be an asset
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for your student, right? Again, you want
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to understand it for yourself so you can
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support your student. It's not about you
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finding everything and then putting it
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on a silver platter and handing it to
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them. But if they have questions, you
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want to be able to answer them in a kind
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of concrete and clear fashion, right? So
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you might try to give them a head start
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by looking at these things and staying
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informed yourself. Okay? Now, I
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definitely know, right? Like again, I
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have a mom too, right? My mom says,
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"You'll always be my baby because the
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age difference between us never gets
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smaller, right?" And again, that's true,
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right? My mom and I will always be a
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certain number of years apart, right?
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But again, you need to separate
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yourself, right? Be a little bit more
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logical, be a little bit more kind of
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objective about the situations. Okay?
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That way really, right, you can stay in
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kind of a good relationship with your
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student. Okay? Now, I also want to kind
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of give you, okay, I said stay informed.
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Okay, that's a good part. I also want to
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make sure that you guys understand how
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you can help, right? So, the first thing
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that parents are really good at doing
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most of the time, right? Again, some
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parents are more organized than others,
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but you can help them with logistics,
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right? So, maybe you can create a
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timeline for them, right? Have a shared
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calendar so you can be like, "Oh, so
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this is when we're going to work on
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this. This is when we're going to work
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on this." Right? You might track various
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deadlines for them and give them
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reminders, right? Create an easy to
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share Google sheet so that everyone
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knows where the student is. Right? Maybe
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have checkboxes for different areas. Oh,
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I finished the essays for this one. I
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got the letters of recommendation for
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this one. Right? Uh we have to sign
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something for this one. Right?
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Checkboxes along the way so that
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everyone knows where you are in the
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process. Right? But again, it seems like
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I'm pushing parents away. It's not.
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Right? It's that I want your student to
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take ownership of this process. Again,
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you are not going to college. Your
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student is okay. I get it. It's your
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baby, right? But again, they're also an
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adult, right? A lot of students are
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adults as they head off to college.
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They're 18, right? If you think about
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kind of like, I don't know, a hundred
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years ago, right? They're 15, 16, 17,
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18. It's like, okay, uh here's your
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homestead, right? Uh go live your life
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with your wife, right? Then they are now
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the kind of like bread winner for their
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family, right? Obviously, I understand
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times have changed, right? But again, we
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have to let them go at some time. Okay?
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Another thing that is re that really
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works out for families is create a
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combined list of tasks that need to be
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done right not just for the parent right
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but also for the student right on both
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sides of the coin right now during the
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application process there are things
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that the parent needs to do just some
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examples of those things are like early
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decision agreements there's certain
[12:21] (741.52s)
things that the parent needs to sign
[12:23] (743.28s)
right for financial aid there's certain
[12:25] (745.28s)
information that parents need to give to
[12:27] (747.12s)
the student or fill out themselves in
[12:29] (749.36s)
order that that can be completed needed,
[12:31] (751.60s)
right? But you want to make sure that
[12:33] (753.60s)
you let your student know where you're
[12:35] (755.52s)
going to be involved, right? Carve out
[12:36] (756.96s)
time in your schedule to get those
[12:38] (758.08s)
things done together and then check it
[12:39] (759.68s)
off your list, right? That way your
[12:41] (761.76s)
student knows, right? And sometimes,
[12:44] (764.24s)
yeah, I have seen it, right? Some
[12:46] (766.16s)
students are more organized than their
[12:47] (767.44s)
parents, right? And so sometimes that
[12:49] (769.36s)
helps reduce the anxiety of your student
[12:51] (771.52s)
as well, right? Again, doing things
[12:53] (773.76s)
together, save your relationship, make
[12:56] (776.08s)
sure that your student is making
[12:58] (778.68s)
progress. Okay?
[13:01] (781.52s)
Another thing is don't be overbearing.
[13:04] (784.64s)
Okay, now this usually comes into
[13:06] (786.64s)
account when we're talking about college
[13:08] (788.64s)
lists and essays. Okay, I get it, right?
[13:12] (792.96s)
Everyone wants what is best for their
[13:15] (795.68s)
kid, right? But what you think is best
[13:18] (798.72s)
and what your student thinks is best
[13:21] (801.28s)
might be very different, right? So when
[13:24] (804.16s)
it comes to college list, the student
[13:26] (806.32s)
want might want a certain thing for
[13:27] (807.92s)
college, right? But the parent might
[13:29] (809.60s)
say, and I get this a lot, right? Again,
[13:31] (811.52s)
during our, you know, monthly check-ins
[13:33] (813.44s)
and even now during our college list
[13:35] (815.20s)
evaluation calls, the kid is like,
[13:37] (817.12s)
"Yeah, so I want a large public school."
[13:38] (818.88s)
And the mom is like, "Well, but what
[13:40] (820.88s)
about um this college?" And I'm like,
[13:42] (822.64s)
"That that college only has a thousand
[13:45] (825.04s)
people, right?" And I was like, "Is that
[13:47] (827.28s)
something that you're interested in,
[13:48] (828.16s)
student?" And they're like, "No, I want
[13:49] (829.68s)
a large public school. I want that kind
[13:51] (831.76s)
of big school feel, right?" And then
[13:54] (834.16s)
mom's like, "Yeah, but then how about
[13:55] (835.36s)
this school?" And I'm like, well, that
[13:56] (836.48s)
school has 1,500 people at it. Right?
[13:59] (839.68s)
So, again, there are differences, but
[14:01] (841.92s)
the reason I bring this up is that you
[14:04] (844.00s)
might want to talk about why the student
[14:05] (845.68s)
wants this experience, right? So, ask
[14:06] (846.96s)
them what they want from that big public
[14:08] (848.80s)
school experience, right? Ask them why
[14:11] (851.04s)
they like a certain school versus a
[14:12] (852.48s)
different school, right? And then again,
[14:14] (854.64s)
if you have your own ideas of schools
[14:16] (856.40s)
that you think might fit your students
[14:18] (858.24s)
kind of profile and kind of their
[14:19] (859.76s)
personality, right? Then talk to them
[14:22] (862.40s)
about it. It's not, oh, put this on your
[14:24] (864.32s)
list, do the essays, right? It needs to
[14:26] (866.32s)
be a conversation. The student also
[14:28] (868.08s)
needs to be invested in it because why
[14:29] (869.84s)
are we kind of spending hours and hours
[14:32] (872.40s)
and hours working on essays and also
[14:34] (874.40s)
money to actually apply, right? If the
[14:36] (876.72s)
student is only applying there to kind
[14:38] (878.88s)
of, you know, satisfy the parents
[14:42] (882.24s)
wishes, right? It's not necessarily
[14:44] (884.48s)
about that, right? We want our students
[14:45] (885.68s)
to be happy, right? But if they're going
[14:47] (887.52s)
to be miserable at a certain school that
[14:49] (889.12s)
you are suggesting, why even think about
[14:51] (891.76s)
it? Okay. Again, it feels like I'm
[14:54] (894.16s)
really bashing on parents today, but it
[14:55] (895.76s)
that's not what I'm trying to do, right?
[14:57] (897.60s)
It's just that I've seen too many
[14:59] (899.88s)
situations where
[15:02] (902.12s)
parents overstep or too overbearing and
[15:05] (905.68s)
it suffocates the student when it comes
[15:07] (907.68s)
to their applications. Right? So again,
[15:10] (910.24s)
I might put it in harsh words, but I put
[15:12] (912.16s)
it in harsh words to warn and make sure
[15:14] (914.88s)
that you are cautious. Right? This is
[15:16] (916.96s)
not the chance to live vicariously
[15:18] (918.64s)
through your child, right? So, I've had
[15:20] (920.48s)
a I had a parent and they're like,
[15:21] (921.68s)
"Yeah, so you know, back when I was
[15:23] (923.44s)
going to college, I got into UCLA and
[15:25] (925.12s)
USC and I always wondered what my life
[15:27] (927.04s)
would be if I went to USC, so I want my
[15:28] (928.96s)
kid to apply to
[15:30] (930.28s)
USC." That's your situation, not your
[15:33] (933.12s)
kids. Okay? So, make sure that you guys
[15:36] (936.64s)
are doing what is best for your student,
[15:38] (938.56s)
right? And again, I know that you guys
[15:40] (940.16s)
will, right? But again, conversations,
[15:43] (943.84s)
right? Again, very objective
[15:45] (945.84s)
conversations about the reasons might
[15:48] (948.40s)
help you as you're talking about
[15:50] (950.08s)
colleges. Okay. The other place where I
[15:53] (953.36s)
see a parents become a little bit more
[15:56] (956.32s)
influential or in this case overbearing
[15:59] (959.28s)
is when students are writing essays.
[16:02] (962.00s)
Okay. Now, the essay is a personal
[16:05] (965.96s)
statement. Okay.
[16:08] (968.48s)
I've seen a lot of situations where
[16:11] (971.04s)
students have come in with writing and
[16:13] (973.12s)
I've been like, "Who helped you with
[16:15] (975.12s)
this?" Right? And they're like, "Oh,
[16:16] (976.16s)
well, I wrote it." And I'm like, "Well,
[16:17] (977.28s)
who gave you the idea?" And it's like,
[16:18] (978.80s)
"Oh, mom did or dad did." Right? The way
[16:21] (981.84s)
that you see your student and the way
[16:23] (983.68s)
that the students see themselves, it's
[16:26] (986.00s)
very different, right? It's kind of like
[16:28] (988.08s)
that phenomenon how we will never know
[16:31] (991.44s)
what our face actually looks like
[16:33] (993.28s)
because we can only see a reflection.
[16:35] (995.68s)
Okay? So only other people see us in a
[16:38] (998.40s)
certain way. We see ourselves in a
[16:40] (1000.24s)
certain way because we can only look at
[16:41] (1001.44s)
ourselves in a mirror. Okay? So when it
[16:44] (1004.48s)
comes to that, when it comes to essays,
[16:46] (1006.24s)
remember it's the students story. It's
[16:48] (1008.32s)
not the story about how mom or dad sees
[16:51] (1011.12s)
me being with other people. It is about
[16:53] (1013.84s)
the student and their journey to get to
[16:55] (1015.84s)
where they are today. Okay? So remember
[16:59] (1019.24s)
that again. helping your student come up
[17:02] (1022.16s)
with ideas, brainstorming, those are all
[17:04] (1024.64s)
great things, right? But when it comes
[17:07] (1027.44s)
to the writing, how they feel, this and
[17:09] (1029.60s)
that, that's what they want. Okay,
[17:12] (1032.24s)
parents, right? You went to college in a
[17:14] (1034.32s)
different day and age. Okay, I went to
[17:16] (1036.48s)
college in a different day and age. When
[17:18] (1038.00s)
I was going to college, the cool thing
[17:19] (1039.76s)
to write about was like that. Oh, well,
[17:21] (1041.68s)
I I come from an immigrant background.
[17:23] (1043.44s)
I'm an immigrant, you the son of
[17:25] (1045.28s)
immigrants. My parents worked so hard to
[17:27] (1047.76s)
get me to, you know, uh, you know, go
[17:30] (1050.08s)
get to college and now I'm finally on
[17:31] (1051.76s)
the precipice of achieving my family's
[17:34] (1054.24s)
dreams, right? That was something that
[17:36] (1056.72s)
was very
[17:37] (1057.64s)
like seemed very passionate at the time.
[17:40] (1060.68s)
Now, not so much, right? So, times
[17:44] (1064.40s)
change. So, what worked for you to get
[17:46] (1066.56s)
into Berkeley, right, or to get into
[17:48] (1068.40s)
this school or to get into that school
[17:50] (1070.24s)
does not work now, right? Right now,
[17:52] (1072.32s)
they want authenticity. They want to
[17:54] (1074.24s)
understand who the student is, how
[17:56] (1076.00s)
they've grown, and who they have evolved
[17:58] (1078.16s)
into being. Okay, that is what they want
[18:00] (1080.72s)
to see. So, when it comes to the college
[18:02] (1082.48s)
list, when it comes to the essays, make
[18:05] (1085.04s)
sure that you're supporting them and
[18:07] (1087.04s)
providing them with a sounding board,
[18:08] (1088.88s)
right? But do not kind of overbear into
[18:11] (1091.84s)
that process. Let them take control.
[18:15] (1095.24s)
Okay. The final thing I want to talk
[18:17] (1097.36s)
about before we move on to financial aid
[18:18] (1098.96s)
because it's a perfect segue, is talking
[18:20] (1100.56s)
about finances, right? I have met too
[18:23] (1103.52s)
many families that say, "Get into that
[18:26] (1106.00s)
school. We'll find a way to pay for
[18:27] (1107.60s)
college." Right now, a lot of people are
[18:30] (1110.24s)
probably chuckling out there in digital
[18:31] (1111.92s)
land because it's like, "Oh gosh, I said
[18:33] (1113.76s)
that to my kid, too." Right? And I've
[18:35] (1115.84s)
heard it too many times when I have my
[18:37] (1117.52s)
financial aid consultations. They always
[18:39] (1119.20s)
say, "Yeah, you know," and I ask
[18:41] (1121.36s)
families, "How are you planning on
[18:42] (1122.88s)
paying for college?" And they said,
[18:44] (1124.48s)
"Well, I have my retirement. We got some
[18:46] (1126.48s)
home equity. Like, we can pull from
[18:47] (1127.92s)
there and do this and do that." Right?
[18:49] (1129.84s)
Now, this is what I say, right?
[18:52] (1132.56s)
That shouldn't be the strategy, right?
[18:54] (1134.40s)
You raise them for 18 years, right? You
[18:56] (1136.88s)
shouldn't have to dip into your home
[18:58] (1138.56s)
equity, right? Your retirement, your
[19:01] (1141.04s)
life savings to send them to college,
[19:02] (1142.72s)
right? So, if there is a strict budget,
[19:06] (1146.08s)
right? You should talk to your student,
[19:07] (1147.92s)
right? Because then you might need to
[19:09] (1149.68s)
find different options as you're going
[19:11] (1151.52s)
to college. Let's say the family budget,
[19:13] (1153.52s)
you know, for to for the total cost of
[19:15] (1155.36s)
college is around $50,000, right? then
[19:18] (1158.16s)
applying to a school that's $100,000
[19:20] (1160.32s)
doesn't make sense, right? Again,
[19:22] (1162.72s)
depends on how much financial aid you
[19:24] (1164.40s)
think you're going to get, right? But
[19:26] (1166.08s)
let's say that you're not going to get
[19:27] (1167.28s)
any fin any financial aid and $50,000 a
[19:29] (1169.36s)
year is what your family can afford,
[19:31] (1171.04s)
right? Then you might need to find other
[19:32] (1172.64s)
options that are within that price
[19:34] (1174.24s)
range. Okay? So again, it is something
[19:37] (1177.84s)
that you should talk with about with
[19:40] (1180.16s)
your student, right? Your students are
[19:42] (1182.48s)
old enough to understand the family
[19:44] (1184.52s)
situation. Okay? Now again, this is the
[19:48] (1188.16s)
perfect segue to financial aid. So I'm
[19:49] (1189.84s)
going to tell families what are some of
[19:51] (1191.12s)
the things you should be doing to
[19:52] (1192.64s)
prepare for financial aid for the 2526
[19:55] (1195.60s)
college admissions season. Okay, so
[19:58] (1198.24s)
let's talk about that. Right, the first
[20:00] (1200.40s)
thing that I always harp on this year,
[20:03] (1203.12s)
if your student is a 2026 grad, you need
[20:06] (1206.72s)
to get your 2024 taxes done. right now
[20:10] (1210.48s)
through the consultations I've been
[20:11] (1211.76s)
having kind of this year with junior
[20:13] (1213.40s)
students, my my parents are on top of it
[20:16] (1216.00s)
this year. Right? They're like, "Yeah, I
[20:17] (1217.84s)
saw you. I saw your training and so I I
[20:19] (1219.44s)
filed it early this year." I'm like,
[20:20] (1220.56s)
"Wow, awesome." Right? Um and it's early
[20:23] (1223.84s)
enough in the process where, you know,
[20:25] (1225.44s)
for the families that haven't, they're
[20:26] (1226.64s)
like, "Okay, I'll get it done in a
[20:27] (1227.68s)
month." Right? Um but this is not the
[20:30] (1230.16s)
year to kind of like push it to October.
[20:32] (1232.16s)
Okay? You want to make sure that you are
[20:33] (1233.84s)
filing your taxes in for that kind of
[20:36] (1236.72s)
your baseline year which is two years
[20:38] (1238.72s)
before your student is graduating,
[20:40] (1240.56s)
right? So if they're graduating 26, it's
[20:42] (1242.24s)
24. If they're graduating 27, 25, right?
[20:45] (1245.52s)
You want to make sure that you're filing
[20:46] (1246.88s)
those taxes a little bit earlier if you
[20:48] (1248.96s)
are a family that usually kind of gets
[20:50] (1250.80s)
that extension. Okay? So keep that in
[20:53] (1253.04s)
mind there. Okay? It's not supposed to
[20:55] (1255.76s)
be taxes early. It's supposed to be
[20:56] (1256.80s)
something else. But you also need to
[20:58] (1258.24s)
understand the different systems you're
[20:59] (1259.84s)
going to need to be working in. Okay?
[21:02] (1262.00s)
Now, if you're one of the families that
[21:03] (1263.36s)
are is in our financial aid edge
[21:05] (1265.12s)
program, no need, right? We'll take care
[21:07] (1267.36s)
of everything for you, right? But if
[21:09] (1269.36s)
you're doing it on your own, right,
[21:11] (1271.52s)
parents, this is one of the areas where
[21:13] (1273.12s)
you can take more control, right?
[21:15] (1275.04s)
Because this is information that you
[21:16] (1276.64s)
have at your fingertips, right? Not a
[21:18] (1278.88s)
lot of parents are comfortable giving
[21:20] (1280.24s)
their tax return to their 17, 18 year
[21:22] (1282.00s)
old kid, right? So, uh instead, this is
[21:24] (1284.88s)
where parents come in a little bit more,
[21:26] (1286.40s)
right? But there are several systems and
[21:28] (1288.00s)
places where financial aid information
[21:29] (1289.60s)
is needed, right? So again, if your
[21:33] (1293.12s)
students worked before, they've probably
[21:34] (1294.56s)
seen a tax return or a W2 before, right?
[21:36] (1296.96s)
But if they haven't, they've probably
[21:38] (1298.08s)
never seen a tax return. So you probably
[21:40] (1300.64s)
want to be more in more in control of
[21:42] (1302.72s)
this situation. So the FAFSA, the CSS,
[21:45] (1305.44s)
ID do, and additional forms, those are
[21:47] (1307.60s)
the different areas that parents you're
[21:49] (1309.60s)
going to have to take more control in.
[21:51] (1311.52s)
Okay. Now again, the FAFSA, CSS, ID do
[21:54] (1314.48s)
all on their kind of like own systems,
[21:56] (1316.32s)
right? All own websites. The additional
[21:58] (1318.32s)
forms will be in the students applicant
[22:00] (1320.40s)
portal. Okay. So in the applicant portal
[22:03] (1323.44s)
again that's why you need to have a
[22:04] (1324.72s)
spreadsheet with passwords and IDs so
[22:06] (1326.80s)
that even if the students not there
[22:08] (1328.56s)
maybe you can log in to see if there's
[22:10] (1330.00s)
anything else that the schools are
[22:11] (1331.76s)
asking for.
[22:15] (1335.56s)
Okay. I don't know where this went.
[22:17] (1337.76s)
Right. But the other thing that we have
[22:19] (1339.04s)
to figure out as parents is learning
[22:21] (1341.28s)
about the cost of college. Right? It
[22:23] (1343.68s)
still surprises me how much how many
[22:25] (1345.76s)
kind of families don't understand what
[22:27] (1347.44s)
college costs when their student is
[22:29] (1349.28s)
already in high school and headed to
[22:31] (1351.28s)
college in just a couple years. Right?
[22:33] (1353.44s)
So, this is also something that you
[22:35] (1355.12s)
should think about when you're talking
[22:36] (1356.40s)
about that or or when you're having that
[22:38] (1358.32s)
talk about your finances with your
[22:39] (1359.76s)
student. Okay? So, just generally
[22:42] (1362.56s)
speaking, right? I'll kind of give you
[22:44] (1364.08s)
average prices for the different types
[22:45] (1365.76s)
of schools. Okay? So, obviously I'm
[22:48] (1368.00s)
based in California, so we'll start with
[22:49] (1369.36s)
the California state schools. Okay? the
[22:51] (1371.60s)
California state schools or the cal the
[22:53] (1373.28s)
CSU campuses the average price range is
[22:55] (1375.84s)
around
[22:56] (1376.76s)
$32,000 right now I know a lot of people
[22:58] (1378.96s)
are going to be like no it doesn't cost
[23:00] (1380.00s)
that much yes that's what is on the
[23:02] (1382.00s)
website right that includes tuition room
[23:04] (1384.64s)
and board right books transportation
[23:07] (1387.60s)
personal expenses insurance so yada yada
[23:10] (1390.24s)
yada right the actual cost of going
[23:12] (1392.72s)
probably closer to around 27 or 28,000
[23:15] (1395.84s)
right so that is what it says on the
[23:18] (1398.16s)
website though 32,000 at a UC See, the
[23:21] (1401.76s)
average cost of going to a UC is roughly
[23:25] (1405.40s)
$46,000. Okay, again, that includes
[23:27] (1407.92s)
tuition, room and board, books,
[23:30] (1410.52s)
transportation, yada yada yada, right?
[23:32] (1412.88s)
All the different things that go with
[23:34] (1414.56s)
going to college. Okay, again, actual
[23:37] (1417.44s)
costs probably closer to about 42. Okay?
[23:42] (1422.00s)
Uh so just keep that in mind there. Now,
[23:44] (1424.72s)
private colleges, well, depending on
[23:46] (1426.48s)
where you go, it can range anywhere
[23:48] (1428.24s)
between $60,000 to
[23:51] (1431.40s)
$105,000. Okay? So, the the range is a
[23:53] (1433.84s)
lot wider there. Okay? On average, I'd
[23:56] (1436.96s)
probably say that the kind of private
[23:59] (1439.84s)
colleges that you know of, you've heard
[24:01] (1441.44s)
the names before. On average, they're
[24:03] (1443.28s)
roughly around
[24:05] (1445.16s)
$90,000 plus or minus. Okay? Um, so
[24:08] (1448.64s)
those are the rough costs, right? So,
[24:10] (1450.72s)
CSU around, let's just say 30, right?
[24:14] (1454.16s)
um just to make the number nice and
[24:15] (1455.36s)
round. UC's around 45 just to make it
[24:17] (1457.84s)
nice and round and private schools
[24:20] (1460.08s)
around 90. Okay, so that is kind of
[24:22] (1462.80s)
where we are as far as pricing. Okay. Um
[24:26] (1466.80s)
obviously schools will vary, right? Um
[24:29] (1469.44s)
but those are the RI pricings that you
[24:31] (1471.28s)
need to kind of understand. Okay. Now,
[24:34] (1474.40s)
one of the things I did want to do is
[24:35] (1475.84s)
kind of share our recent admissions
[24:37] (1477.92s)
results. I also did want to share some
[24:40] (1480.16s)
of our recent financial aid results
[24:42] (1482.48s)
because I want you guys to see just how
[24:44] (1484.80s)
successful we've been. I know it's a
[24:46] (1486.24s)
little time for me to brag about things,
[24:48] (1488.24s)
okay? But these are just some of the
[24:50] (1490.72s)
schools that our students have gotten
[24:52] (1492.00s)
into, right? NYU, Penn, Notre Dame,
[24:55] (1495.04s)
right? The UC's across the board, right?
[24:57] (1497.04s)
Most notably UC Berkeley and UCLA,
[24:59] (1499.44s)
right? MIT, Cornell, Carnegie Melon,
[25:02] (1502.68s)
USC. Just some of the schools that our
[25:05] (1505.44s)
students are going to be headed to this
[25:07] (1507.20s)
year. Okay, so congratulations to all my
[25:10] (1510.56s)
seniors right now. Right, I'm so proud
[25:12] (1512.80s)
of you guys. Right now, in addition, I
[25:15] (1515.20s)
also want to share our financial aid
[25:16] (1516.48s)
results. Now, I've been sharing these,
[25:17] (1517.76s)
right? And they're really crazy results,
[25:20] (1520.24s)
right? This family made
[25:22] (1522.04s)
$347,000, right? A year. I got them
[25:24] (1524.24s)
$30,000 at Chapman more at other
[25:27] (1527.04s)
schools, right? Uh I got this family
[25:29] (1529.36s)
that makes $230 a year uh from UC Davis.
[25:32] (1532.24s)
I got them over
[25:33] (1533.64s)
$39,000 in money from the UC. They're
[25:36] (1536.88s)
basically paying even at full cost of
[25:39] (1539.44s)
what's on the website, they're paying
[25:40] (1540.72s)
like $67,000 a year to go to UC Davis,
[25:43] (1543.36s)
right? In this family, they make about
[25:45] (1545.20s)
$437k a year. I was able to get them
[25:47] (1547.44s)
$42,000 at Baylor. Okay. So, these are
[25:50] (1550.32s)
just some of our results here. Okay.
[25:53] (1553.40s)
Now, one more thing I want to tell you
[25:55] (1555.68s)
guys about. I told you about college app
[25:57] (1557.28s)
intensive, right? I told you about kind
[25:58] (1558.88s)
of our results, but I also wanted to
[26:01] (1561.04s)
make sure that you guys had access to
[26:03] (1563.28s)
our college admissions summit 2025.
[26:07] (1567.04s)
Okay, this is a one-day event from 9 to
[26:09] (1569.60s)
100 p.m. Pacific time. Okay, it will be
[26:13] (1573.20s)
on Zoom, so you do not have to leave the
[26:14] (1574.96s)
comfort of your couch. Okay, and we will
[26:18] (1578.16s)
have different se different sessions
[26:19] (1579.92s)
during the day talking about kind of
[26:21] (1581.84s)
like UC kind of like you know
[26:24] (1584.24s)
admissions. We'll talk about private
[26:25] (1585.60s)
school admissions. We'll talk about
[26:27] (1587.28s)
essays and what you need to focus on.
[26:28] (1588.72s)
We'll also talk about financial aid and
[26:31] (1591.04s)
activities as well. Okay. So, it is a it
[26:34] (1594.00s)
is a full day of learning. It is open to
[26:36] (1596.16s)
the public. It is open to our families.
[26:38] (1598.32s)
It's open to anyone that can show up at
[26:41] (1601.28s)
9:00 a.m. on May 10th. Okay? So, if you
[26:45] (1605.20s)
guys are interested in joining us that
[26:47] (1607.92s)
day, all you have to do is go to
[26:51] (1611.80s)
eagleok.com/summit. Okay? Now, I do see
[26:54] (1614.24s)
a couple new names in our kind of, you
[26:56] (1616.24s)
know, in our audience today, right?
[26:57] (1617.76s)
There's a lot of you guys here. Thank
[26:58] (1618.88s)
you guys for spending a little time with
[27:00] (1620.16s)
me, right? But if you guys are
[27:03] (1623.04s)
interested in what the heck our name
[27:04] (1624.80s)
means, uh, put a mirror up to it and
[27:07] (1627.20s)
look at it, okay? So, our name is
[27:09] (1629.52s)
actually just college spelled backwards,
[27:11] (1631.60s)
right? We want to help you guys crack
[27:13] (1633.20s)
the code just like how we crack the code
[27:15] (1635.44s)
for a lot of our seniors. Okay? So, make
[27:17] (1637.84s)
sure to sign up today, right? Uh we will
[27:20] (1640.08s)
also be having kind of a senior signing
[27:22] (1642.56s)
day, right? So you can see actual live
[27:25] (1645.28s)
students that got into the colleges that
[27:27] (1647.20s)
they wanted, right? And they will be
[27:28] (1648.96s)
there saying, "Hey, you know, my name is
[27:31] (1651.52s)
who, right? And I I'm going to be headed
[27:33] (1653.76s)
here this this kind of fall." Okay. So
[27:36] (1656.88s)
um we just wanted to kind of make sure
[27:38] (1658.32s)
that everyone has access to come here.
[27:40] (1660.00s)
Again, it's
[27:42] (1662.84s)
eagleock.comsummit. Okay. So again, May
[27:45] (1665.20s)
10th, so not that far away. It looks
[27:46] (1666.88s)
like just about two weeks, right?
[27:49] (1669.20s)
9 to1 it will be on Zoom. So if you do
[27:51] (1671.52s)
register uh it'll it'll send you a
[27:53] (1673.68s)
confirmation email and then the link
[27:55] (1675.20s)
will be forthcoming.
[27:57] (1677.64s)
Okay. All right. So before we go to Q&A
[28:01] (1681.12s)
because I do want I do see some
[28:02] (1682.32s)
questions coming in here, right? Um so
[28:04] (1684.16s)
we'll go ahead and answer questions too.
[28:05] (1685.52s)
So if you have questions, go ahead and
[28:06] (1686.56s)
put them in the Q&A or in the chat. I
[28:08] (1688.48s)
also want to give you guys multiple
[28:09] (1689.92s)
different ways to contact us, right? So,
[28:12] (1692.08s)
if you are interested in signing up for
[28:13] (1693.60s)
a financial aid edge consultation, go
[28:16] (1696.16s)
ahead and text money to
[28:19] (1699.80s)
949-7750865. If you're interested in our
[28:22] (1702.08s)
college admiss or college app intensive
[28:24] (1704.40s)
or in our summit or even in our coaching
[28:26] (1706.56s)
programs, right, go ahead and text
[28:28] (1708.48s)
college to
[28:30] (1710.84s)
949775865. The number is the same,
[28:32] (1712.64s)
right? Our team will take care of you.
[28:34] (1714.16s)
Okay? There's also QR codes here. So, go
[28:36] (1716.08s)
ahead and put the QR code, like you can
[28:37] (1717.68s)
scan the QR code and that'll take you
[28:39] (1719.52s)
straight to the booking link so you can
[28:40] (1720.80s)
book it yourself. Okay? So, either one
[28:43] (1723.52s)
of those is fine, right? But again, I do
[28:45] (1725.60s)
want to make sure that we leave a little
[28:46] (1726.80s)
time for Q&A, right? So, if you do have
[28:49] (1729.28s)
questions, put them in the Q&A, put them
[28:50] (1730.72s)
in the chat. I will answer them there.
[28:52] (1732.80s)
Okay? But for the rest of you that do
[28:54] (1734.64s)
have to go, thank you guys for spending
[28:56] (1736.16s)
a little time with me, but I'll start
[28:57] (1737.36s)
answering questions now. Okay? So, uh
[29:00] (1740.08s)
let's start with this question here.
[29:03] (1743.44s)
It says we have a tax investment that
[29:05] (1745.36s)
doesn't provide tax documents until
[29:06] (1746.96s)
September. So we can't file until then.
[29:09] (1749.20s)
Is that going to be a problem? We have a
[29:14] (1754.60s)
junior. No, not necessarily. Right. So
[29:18] (1758.40s)
again, it all depends. If you're doing
[29:19] (1759.92s)
things yourself, sure. I mean, just
[29:22] (1762.08s)
means that you have to be quicker on the
[29:23] (1763.52s)
draw when the financial aid do like kind
[29:25] (1765.36s)
of forms open, right? uh if you're
[29:27] (1767.76s)
working with us, we'd at least want to
[29:29] (1769.92s)
see an estimated tax return before then
[29:32] (1772.24s)
so that we can start strategizing what
[29:33] (1773.84s)
we need to do. I understand that you're
[29:35] (1775.36s)
not going to have it's not going to be
[29:36] (1776.72s)
final, but as as long as we have
[29:38] (1778.88s)
something that is estimated or kind of
[29:40] (1780.64s)
close to what it's going to be, then we
[29:43] (1783.04s)
can work on kind of figuring out the
[29:44] (1784.56s)
strategy that best works for your
[29:45] (1785.92s)
family. Okay? Again, if you are a junior
[29:48] (1788.88s)
family and you are in our coaching
[29:51] (1791.24s)
program, you have access to me kind of
[29:53] (1793.92s)
during office hours during these
[29:55] (1795.28s)
different times so that you can ask
[29:56] (1796.64s)
questions, right? So, um and if you are
[29:59] (1799.92s)
a junior, my question is why haven't we
[30:01] (1801.68s)
talked yet, right? Uh about financial
[30:03] (1803.76s)
aid? This is the time that we need to
[30:05] (1805.44s)
talk. Okay? Um so, please make sure to
[30:08] (1808.00s)
sign up for that financial aid
[30:09] (1809.68s)
consultation so that we can make sure
[30:11] (1811.52s)
that we tell you if we can save you
[30:13] (1813.28s)
money or not, right? Again, there are
[30:15] (1815.28s)
families that we can help and there are
[30:16] (1816.48s)
families that we can't, right? But if we
[30:18] (1818.00s)
can't, we'll try to give you some tips
[30:19] (1819.28s)
and tricks and send you on your way,
[30:20] (1820.80s)
right? If we can help you, we'll tell
[30:22] (1822.32s)
you about our services, right? We'll
[30:23] (1823.68s)
tell you about, you know, kind of what
[30:25] (1825.28s)
that entails and then we will tell you
[30:27] (1827.68s)
uh everything that you need to know
[30:28] (1828.96s)
about our pricing and things like that.
[30:34] (1834.04s)
Okay. All right. All right. Any other
[30:37] (1837.36s)
questions? Last call for questions for
[30:39] (1839.84s)
today.
[30:41] (1841.92s)
The next time I will see you will be in
[30:44] (1844.44s)
May, I
[30:46] (1846.28s)
believe. Oh, no, sorry. The 30th. Yeah.
[30:49] (1849.52s)
So, I'll see you guys one more week for
[30:51] (1851.04s)
April, right? And then we'll kind of
[30:52] (1852.72s)
switch over to a new month. Okay. But
[30:54] (1854.96s)
again, I'm going to leave this screen up
[30:56] (1856.56s)
just for a couple minutes. Oh, looks
[30:58] (1858.00s)
like I have some questions, right? Um,
[30:59] (1859.84s)
so we'll go ahead
[31:02] (1862.36s)
and answer them here. So, let's answer
[31:04] (1864.72s)
the first one. Um, so it says, "From
[31:06] (1866.88s)
when can we enroll to fin to the
[31:08] (1868.88s)
financial aid program?" So, my youngest
[31:10] (1870.96s)
student that's in a financial aid
[31:12] (1872.16s)
program, he's actually not part of our
[31:13] (1873.36s)
coaching program yet, but it is the
[31:15] (1875.28s)
sibling of someone that I helped a long
[31:16] (1876.88s)
time ago. They saw that what I was able
[31:18] (1878.64s)
to do for their daughter. And so, they
[31:20] (1880.16s)
signed up their four fourth grader,
[31:22] (1882.16s)
right? And so, that is our youngest
[31:23] (1883.92s)
student, right? A fourth grader. He's
[31:25] (1885.44s)
going to fifth grade next year, right?
[31:27] (1887.36s)
Um, but I always tell families and they
[31:29] (1889.36s)
always say, "Well, when can I sign up?"
[31:30] (1890.56s)
And I'm like, "Well, you can sign up
[31:31] (1891.68s)
today, right? And you lock in your
[31:33] (1893.84s)
price, right? With the cost of
[31:35] (1895.84s)
everything going up, right? our prices
[31:37] (1897.76s)
are going to continue to increase,
[31:39] (1899.36s)
right? If you sign up now, you're saving
[31:41] (1901.20s)
yourself money. Okay? Um so there's no
[31:44] (1904.40s)
necessarily like best time. Um but if
[31:47] (1907.28s)
you're in high school, sign up now.
[31:49] (1909.76s)
Okay? That that's kind of my advice
[31:51] (1911.28s)
there. Okay. Um we have another question
[31:53] (1913.84s)
here. It says, "My junior received a UC
[31:55] (1915.60s)
eligibility." So ELC, right? Eligibility
[31:58] (1918.08s)
and local context. Can you speak to
[31:59] (1919.84s)
this? There's not much to speak about,
[32:02] (1922.00s)
right? So you probably got a letter
[32:03] (1923.36s)
saying that you're in the top 9% of your
[32:04] (1924.96s)
school, right? you have been selected or
[32:07] (1927.04s)
qualify for UC eligibility in local
[32:09] (1929.04s)
context. Um, so basically what that
[32:10] (1930.88s)
means is that if you don't get into any
[32:12] (1932.32s)
of the UC's that you apply to that they
[32:14] (1934.56s)
will find a seat for you at a UC. It
[32:17] (1937.20s)
basically means that you have gotten
[32:18] (1938.72s)
into Merrced or Merrced is guaranteed
[32:20] (1940.88s)
for you. Okay, so that's what the
[32:22] (1942.80s)
eligibility and local context means. It
[32:24] (1944.72s)
doesn't mean that you get a seat at the
[32:26] (1946.16s)
UC that you want. It just means that you
[32:28] (1948.56s)
there will be a seat for you at a UC
[32:31] (1951.12s)
which will be UC Merrced. Okay. So,
[32:34] (1954.32s)
hopefully that answers that
[32:37] (1957.48s)
question.
[32:43] (1963.00s)
Okay. All
[32:45] (1965.88s)
right. All right. Great. So, I don't
[32:47] (1967.92s)
think there's any other questions. So,
[32:49] (1969.20s)
again, I'll leave this screen up so that
[32:50] (1970.64s)
you guys can Oh, we have follow-up. Is
[32:53] (1973.04s)
it only UC Merrced? I haven't seen it
[32:54] (1974.96s)
happen at any other school. So, when
[32:56] (1976.48s)
Mercer didn't exist, ELC did still
[32:58] (1978.96s)
exist. At that time it was either Santa
[33:01] (1981.20s)
Cruz or Riverside. But Santa Cruz or
[33:03] (1983.28s)
Riverside well their reputation and
[33:05] (1985.12s)
their prestige has increased
[33:06] (1986.40s)
significantly. The baby you see is now
[33:08] (1988.48s)
UC Merrced. That's where everyone gets a
[33:10] (1990.80s)
seat if they didn't get a
[33:16] (1996.52s)
Okay. All right. Sounds good. So again,
[33:19] (1999.44s)
I have the QR codes, I have the phone
[33:21] (2001.28s)
number, I have the the keyboard that you
[33:23] (2003.20s)
need to text, right? So go ahead and
[33:25] (2005.36s)
text us, you know, reach out to us any
[33:27] (2007.20s)
way you can so that we can make sure to
[33:29] (2009.12s)
get you the information that you need.
[33:30] (2010.64s)
Okay, so I'll leave the screen up for a
[33:32] (2012.32s)
little bit just so that families can go
[33:33] (2013.76s)
ahead and kind of take a screenshot,
[33:35] (2015.68s)
whatever they need to do. Um, and I will
[33:37] (2017.60s)
see you guys again next week for some
[33:38] (2018.96s)
more financial aid fun. Hopefully
[33:40] (2020.56s)
there's no new crazy news. Um, but uh,
[33:43] (2023.76s)
whatever it is, I will make sure to
[33:45] (2025.28s)
share it with you. Okay, so everyone
[33:47] (2027.04s)
have a great night. The sun is getting
[33:48] (2028.40s)
longer, so enjoy the extra sun and I'll
[33:50] (2030.48s)
talk to you again soon. Bye-bye.