February 2010

Vol. 7 Issue 9

The State of College Admissions

The number of applicants and the number of college applications submitted per student have increased since 2001, resulting in a slight decline in acceptance rates at U.S. colleges. According to the "State of College Admission 2009" report, published by the National Association for College Admission Counseling (NACAC), the average acceptance rate at 4-year colleges declined from 71% in 2001 to 67% in 2007.

The "State of College Admission" report is an annual analysis of surveys of U.S. colleges and universities. The 2009 report addresses trends in college admission, including information on high school graduation, college enrollment, the cost of applying, and social media trends in the admission process.

We've compiled the highlights of the report:

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Student Aid Report

About 3–5 days after your college-bound senior files the FAFSA (Free Application for Federal Student Aid) online and signs it electronically with a PIN (personal identification number), he or she should get an email with a secure link to view their Student Aid Report (SAR). If your student completes and mails a paper FAFSA, he or she should receive their SAR in about 2–4 weeks.

The SAR lists all the information reported on the FAFSA. If no additional information is needed, the SAR will detail the Expected Family Contribution (EFC).

Each school listed on the FAFSA (up to six) will receive a copy of the student's SAR. Each school's Financial Aid Office will use the information in the SAR to determine the student's financial aid package.

As soon as your student receives the SAR, they should review it carefully to make sure it's correct and complete. If they need to make corrections or updates to the SAR, they can do so online at: http://www.fafsa.ed.gov/FOTWWebApp/complete014.jsp. Or they can write the correct information on the SAR and mail it to the address provided.

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Test Day Tips

If your college-bound student is taking any standardized tests (ACT/SAT) this spring, they may be feeling anxious. We've compiled some tips to help you help your student through these stressful tests:

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Explore any or all of our websites. You'll be glad you did!

Manage your AES account online at aesSuccess.org.

YouCanDealWithIt.com gives you the real story on money, student loans, and life.

EducationPlanner.org is our award-winning career and college planning site.

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