Finding the Right Person to Write the Letter of Reference You Need is Critical!

When applying for a scholarship, many people tend to focus on writing the essay, and filling out the application correctly. However this means they often forget how powerful and important the letter of recommendation is to having a winning package.

Three basic things to remember when looking for a letter of recommendation:
*Know your recommender: Its not enough to just ask someone you think is respectable: their letter has less effect if they cannot offer concrete examples of your work and character.
*Know your audience: If you are applying for a scholarship from a fund that supports english majors, a letter of recommendation from a professor in the english department carries more weight than one from the economics department.
*Always avoid family: It doesn’t matter if your uncle is the president of Coca-Cola North America; letters from family are weak and often discounted altogether. Prior employers, professors, advisors, and volunteer coordinators are safe categories for letters of recommendation.

To offer more detail, check out this article I wrote in 2004 on the topic.
http://www.youngmoney.com/credit_debt/paying_for_college/031201_01/

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Hello world!

Seven years ago, I gave up public speaking and writing on scholarships and financial aid in order to concentrate on my other business, and online textbook company I eventually sold. Part of me always regretted it, as it was the job I enjoyed more than any other before it and after it. In 2005, the economy was booming, and the recession hadn’t begun. College was a bit cheaper, and more aid was available to student. But in 2012, the cost of college has skyrocketed. Aid programs such as Pell Grants, and state level tuition waivers have failed to keep up, and in many states decreased.

After a roller coaster career ride over the last ten years, I feel it is time to finally do the thing I loved the most; helping others help themselves. The College Money Man, is to become my new alter ego. This blog, is meant to distill 7 years of managing financial aid and accumulating over $250,000 in funds, into manageable pieces so others can learn. Feel free to email me at collegemoneyman at gmail dot com with any question you may have, or feel free to leave them in the comments section.