If you are working towards a two-year degree in the United States, it may become easier to transfer into a bachelor’s program in the near future. A group of colleges- both public and private, two-year and four-year- are preparing to announce an alliance with the intent on producing high-achieving community college graduates and making it easier for them to transfer into bachelor’s programs.
This assembly of colleges is building on a program called American Honors, created by for-profit company Quad Learning, in order to craft honors programs within community colleges characterized by competitive admissions, demanding academic work and intensive guidance for highly talented students. In the past, community colleges have shown little guidance to their students- many do not finish their degree in two years and the more determined students cannot find enough challenging courses. Many times, four-year universities refuse to honor the credits that these ambitious students have earned due to the curriculum’s lack of rigor.
The American Honors program is still young, comprised of only a handful of community colleges and 230 students, but plans call for rapid growth by next fall. There are now twenty-seven four-year institutions in the alliance ranging from education leviathans such as Ohio State to smaller universities like Amherst. Administrators at the colleges have been impressed with the program and the students in it; the first group of students that graduated this past spring were accepted as transfers to prestigious universities that include Vanderbilt, Georgetown and Stanford University.
Quad Learning states that 27% of students who earn a bachelor’s degree begin at the community college level. This program will serve as a catalyst to help high-achieving, community college transfers have a distinct advantage over other transfer applicants. Quad Learning hopes to build a network of 40 to 50 community colleges, each of which would be comprised of five hundred to one thousand students in their respective honors program.
YOUR STUDENT LOAN OBLIGATIONS
Understand Your Obligations
As a borrower, you have the following responsibilities:
- Notify your lender of changes to your name, address and telephone number
- Tell your lender if you change financial institutions if your payments are automatically deducted from an account with that particular institution
- Contact your lender immediately when you encounter financial difficulties that inhibit your ability to pay
- Make on-time payments even when you are waiting for notification regarding your request for a deferment, forbearance or loan consolidation
- Repay your loan(s) in full according to the terms stated in the promissory note(s) you signed
- Avoid delinquency and default by working with your lender to establish a payment schedule you can afford
Consequences of Not Paying
Not paying your student loans can jeopardize your credit history and ability to borrow in the future. Here’s what you need to know:
If your monthly payment is late, you are considered delinquent on your loan. When this happens, your lender may contact you, begin collection activity, assess late fees and possibly report your delinquency to a credit bureau.
- Your loan may go to a collection agency and legal action could ensue
- Your default is reported to the major credit bureaus and stays on your credit record for at least seven years, whether or not you pay it off later
- Your wages could be garnished
- Your obligation to pay your education loans may not be dischargeable in bankruptcy
Apply now or call 1-800-767-1164 to reach a live person in one minute or less.
Make A Difference Day brought millions of people together on October 26, 2013 to help better our communities. All Golden Key chapters in the United States and Canada were encouraged to participate in this day of service. Golden Key chapters participated in 101 Make A Difference Day events that ranged from community cleanups to raising breast cancer awareness to providing dental screenings to underprivileged citizens in the area and more. Participating chapters were eligible to apply for our Make A Difference Day Chapter Awards for their outstanding service initiatives. Upon reviewing all the submissions, we are excited to announce the winners of these awards!
First place goes to the Universidad de Puerto Rico, Mayaguez chapter who are awarded $500! The second and third place winners, receiving $250 each, are the chapters at Indiana University of Pennsylvania and Simon Fraser University. Congratulations to these three chapters!
The Universidad de Puerto Rico, Mayaguez (UPRM) chapter’s Make A Difference Day project was an all-day event that involved four different projects. The projects were focused on: animal care, environmental impact, care for the homeless, and care for the elderly. In the animal care project, the participants helped to keep clean, fed and give love to the animals. The difference was made not only to the animals that live in the place but also to the people that work there every day. During the environmental project, participants cleaned and moistened the areas where the planting was going to take place, gathered compost into several buckets and transferred it to the planting areas. Once the planting was completed, the look of the volunteers and community leaders was one of satisfaction. In the care for the homeless project, they delivered meals and first aid products. A professor from the university also gave a motivational speech. Finally, members made an impact at “Hogar Brisas de Amor”, a senior home in Mayaguez. During this activity, they shared their time and happiness with the participants from this center. In total, 61 people participated in these four Make A Difference Day service events (32 Golden Key members, 2 honorary members, and 27 friends and family members in the community). Congratulations UPRM chapter on all your hard work and success!
For Make a Difference Day in the Indiana community, the Indiana University of Pennsylvania chapter participated in a fund/food-raiser for the Indiana County Food Bank. Along with other clubs and organizations from both IUP and the Indiana community, 14 members of the Golden Key chapter assisted in raising more 800 pounds of food and $2000 in donations for the food bank! The day was a huge success for the chapter, as those representing Golden Key were the biggest group participating in the Indiana County Make A Difference Day event.
The chapter at Simon Fraser University worked with the Parent Support Services Society of BC, a non-profit in British Columbia, Canada.One of the things this organization specializes in is assisting grandparents who are responsible for the care and guardianship of their grandchildren. Considering their limited income, often-failing health, and special needs children, the chapter decided to hold a fair for the kids at the Burnaby Public Library. The fair gave the grandparents a chance to unwind and allowed the children to have fun. Around 50 children showed up with their relatives and enjoyed a fun Saturday afternoon. All the volunteers made an effort to make this a successful and entertaining event for everyone.
More photos of the project can be found here: http://tinyurl.com/m5sqkno
Congratulations to our three winning chapters and a BIG thank you to all of our chapters that participated in Make A Difference Day!
Back in 1988, Golden Key Board of Directors member Peter Veruki was contacted by the then Owen Graduate School of Management dean Marty Geisel to come work at Vanderbilt University in Nashville, TN. The two met when Veruki was recruiting and training MBAs on Wall Street and Geisel was looking for Wall Street jobs for his MBA candidates at the University of Rochester. Although he was not initially interested in leaving New York for Nashville, Geisel eventually won him over, and Veruki came on board to not only lead up the Owen’s Career Center but also use his New York connections and relationships to create opportunities for Owen students.
Upon his arrival, Veruki immediately adjusted the manner in which the career center operated. Rather than wait to be contacted by companies, like most career centers do, he would take students, or at least their resumes, with him out on the road to present to companies. The Owen School’s reputation quickly improved, and the school went from a regional institution to one of a national status. Even in a desolate job market, Peter Veruki helped students find roles after Owen. One of these was Eric Noll, a MBA ’90 graduate who is now the Executive Vice President of NASDAQ OMX Group’s Transaction Services. “’When I left Owen, I had an offer from the Chicago Board Options Exchange. Before I started at Owen, I didn’t realize that such jobs existed. But Peter and Hans Stoll really opened my eyes. They educated us on what kinds of jobs were out there and how to get them.’”
The culture at Owen is now a renowned culture- one that is appreciated by today’s employers. Vanderbilt MBAs have shown incredible success in the workforce, and this has become apparent across the country. Many graduates can be found in boardrooms across the globe. In light of Veruki’s impact at Owen, it was announced last year that there will be a scholarship named in his honor. For now, the scholarship will maintain the title as the Wall Street Scholarship until Veruki retires, in which it will be given his name.
Golden Key’s latest Virtual Graduate School Fair was held on October 22, 2013. The fair brought members together for the opportunity to interact online with graduate school representatives. More than 1,600 Golden Key members participated in the virtual event! These members represented more than 150 different majors and ranged from students getting their bachelor’s degree to those in a PhD program. Attendees were able to gather valuable information about graduate school programs.
Students raved about the convenience and ease of using the virtual platform. They were also very impressed by the vast selection of graduate schools represented.
Here’s what just a few students had to say:
- “It’s nice being able to chat with representatives from so many different universities all in one place, and to get some of my questions answered.”
- “I liked the fact that you can take your time thinking about the questions you want to ask. I think that in live fairs you get a little bit of pressure because there are many people waiting for their turn to talk with the representatives. The representatives were very helpful; they pointed out different people whom I could contact for even more information about the program I am interested in.”
- “This is an opportunity I am glad that I did not pass on.”
Thirty-two graduate schools participated in the event. They included Boston University College of Communication, Columbia University, Mailman School of Public Health, Syracuse University LC Smith College of Engineering and Computer Science, and University of Notre Dame, just to name a few.
Overall the graduate school representatives were very impressed by the turn out of prospective students and how busy it kept them.
Here’s what just a few graduate school representatives said:
- “Please do this again! I like to be able to reach out to multiple students simultaneously versus at grad fairs you typically address one student at a time.”
- “I think it went well! Quite a few interested students attend, many questions asked, and they even had a student start an online application following the morning session.”
The virtual concept of the fair allows members to participate at their convenience from the comfort of their own home. Golden Key is proud to provide opportunities like this to help our members succeed.
Cincinnati Bell, the leading telecommunications company in the city of Cincinnati, OH, has announced that, as of October 1, 2013, Leigh R. Fox has assumed the position of chief financial officer for the company. Fox, a Golden Key honorary member and member of the Board of Directors, has been with the company since July 2001 and has held numerous roles in finance and accounting in the fields of network and operations, six sigma process improvement and product development. The newly appointed CFO held the position of vice president of finance for Cincinnati Bell Technology Solutions, the company’s wholly owned subsidiary, where he played a major role in the advancement of Cincinnati Bell’s former data center business, and he served as the company’s senior vice president of finance prior to the announcement of his new role. ”‘Leigh brings not only a strong financial background but also broad strategic and operational experience to this role,’ said Ted Torbeck, Cincinnati Bell President and CEO. ‘His collaborative approach helps bring a variety of perspectives to the table and drives positive outcomes for our shareholders, customers and employees.’”
Congratulations to Board of Directors member Leigh Fox for his professional advancement, and we wish him the best in his new position at Cincinnati Bell!
For our final post on our 2012-2013 Key Chapter winners, we would like to highlight Concordia University for being bestowed this honor.
During the 2012-2013 academic year, the Concordia University chapter hosted numerous events that pertained to academics, leadership and service. For the fall, the chapter held numerous fundraisers, most of which were to benefit the community. One of these was a toy drive that was hosted by the chapter’s advisor, Brent Pearce, and the chapter also put on a “Comedy for a Cause” fundraiser to go towards providing a holiday experience for underprivileged members of the community. One cause that means a lot to the chapter is Robin des Bois, which is a non-profit restaurant in Montreal in which the employees are supported by volunteers and all proceeds are donated to local, charitable organizations, such as Le Chainon, Le Refuge des Jeunes, Jeunesse Au Soleil and Santropol Roulant. In the fall, the Concordia University chapter based their Make a Difference Day event around this restaurant, and they held a a separate volunteer event later in the year to assist the employees of the restaurant.
One of the larger initiatives that the Concordia University Golden Key chapter put on was their collaborative effort of hosting the Canadian Regional Summit (CANCON) in January 2013. The chapter, along with the McGill University chapter, co-hosted the event, which brought in students from all four corners of Canada. To start off the Summit, approximately forty students participated in a one-of-a-kind ‘Amazing Race’. Led by a local student, the race consisted of eight pit-stops that the participants had to find using the city’s metro system, the McGill library, Museum of Beaux Arts and other city landmarks. Later that evening, all of the delegates met at a local pub for a warm, social gathering to enjoy some drinks and famous poutine! The students were then invited to participate in Igloofest, which is an outdoor music festival in the Old Port of Montreal which now draws in tens of thousands of people annually. The following day, the conference began with a speech from the Keynote speaker. In an attempt to keep things ever-changing, the chapters decided to structure the conference somewhat differently by having six panels with three speakers each that focused on various subject matters. That evening was the banquet dinner and Sunday morning the students said their farewells over brunch. Overall, the Summit was an incredible success, largely due to the hard work of the co-host chapters.
Congratulations to the Concordia University chapter for their successful efforts and for being named a 2012-2013 Key Chapter!