Undergraduate Devon is a college freshman and will be moving from her on-campus dorm to an off-campus housing apartment. She is looking at rental rates of $525.00 plus her split of the utilities which is $23.00 per month these are $160.00 more than her current dorm costs. There must be a better way…Her online search for rentals leads her to an ad by “OffCampusHousingUSA” the rental rates are in line with other properties and they also have properties “For Sale” Homes, Townhouses and Condos. With the help of her parents and an “OffCampusHousingUSA” registered Broker undergraduate Devon purchased a 3 bedroom, 2 full bath home and is saving over 65% of her previous monthly rental costs. And she is building equity by using her roommates rent to pay down the mortgage. Here’s how she did it.1) College Rental Ownership – helps lower college/university living costs by your roommates paying rent to you which covers a large portion if not all of your mortgage. Big possible tax benefits (see your tax advisor/attorney) in depreciation, property taxes and mortgage expenses being paid by someone else. Location is always a big concern as is walk or drive to campus.2) Work with Local Realtor – Devon and her parents worked with local a “OffCampusHousingUSA ” registered Broker. They have choices of new construction or older properties as single-family, condos or town homes. At home she viewed properties on-line and visited the most promising with her parents and broker to narrow down the top 2-3 to analyze costs. Devon and her parents pre-qualified for a mortgage with the intent to be co-owners which could pass tax benefits to the parents.3) Offer to Purchase – It is time to make your offer to purchase on the best property that fits your needs and requirements. After reviewing with with your broker all of the required forms and contracts. Your broker will help you prepare an estimate of costs for purchase and ownership. With all the facts you can make an informed offer to purchase. Have your attorney and financial advisor review the cost estimate and all contracts before signing.4) Rental Leases – With the property under contract it is now time to confirm your rental roommates. A rental lease agreement is an absolute requirement and having your roommates parents as responsible for all payments not just a co-signer of the lease. Have your attorney review all contracts before delivering to roommates for signatures.5) Closing/Settlement – before closing you should have the property inspected by a licensed local home inspector, a licensed pest control company for a termite certification, a property survey on single-family homes and a title search with an owners title policy for the full purchase cost is a must.6) Move-In – Paint and decorate your way without worry of redecorating/repair payments to the landlord. Roommates will provide their own bedroom furniture and you may all split the costs of other furniture, kitchen appliances according to your lease agreement. No new yearly moving expenses, deposits or rental searches for you.7) Management – Manage yourself or hire a local property management firm your “OffCampusHousingUSA” registered Broker can help you locate a local firm. A property management firm will add to the monthly costs but having some one take care of maintenance could be well worth writing the check if you are hundreds of miles away. Don’t make your student the landlord it could open more problems than you will have in savings.
Becoming a doctor is a dream for many, given its status as a noble profession that also brings affluence. Hence, there is a rush of candidates seeking admission into the top medical colleges every year. To select the best, colleges follow rigorous screening procedures that help detect the cream. Prerequisites for Top Medical CollegesThe first prerequisite for getting admission in top colleges is to score well in subjects such as general biology, chemistry, physics and calculus. Candidates can enroll themselves in pre-medical schools to enhance their prospects. Other requirements for getting into the top medical colleges are:
High Grade Point Average (GPA): Most of the colleges require candidates to attain at least 3.5 GPA for applying. That is, getting into top medical colleges would require a higher GPA. Whatever their preference, candidates must always strive for the best achievable scores.
Understanding the field closely: To experience what you will be doing in your future, candidates can volunteer at a clinic or hospital and learn from a doctor while assisting him. Assist in research to gain practical experience. This experience will help the candidate take informed decision regarding their choice of career.
Medical College Admission Test (MCAT): Prepare for the MCAT, a computer-based exam, with the help of preparation books and classes. This test has four sections i.e. biological and physical sciences, and writing sample and verbal reasoning.
A candidate’s selection into the best colleges is decided by the MCAT, Science GPA and overall GPA.Top Medical Colleges in the USThe US News & World Report released the names of top ten US medical colleges. The best colleges in the field of research are Harvard University, Johns Hopkins University, University of Pennsylvania, University of California-San Francisco and Duke University. The best ones for primary care are University of Washington, University of North Carolina-Chapel Hill, Oregon Health and Science University and Michigan State University College of Osteopathic Medicine, among others. Although the cost of studying in different top colleges may vary, they are invariably expensive.
Before you can decide on an online school you have to decide which online degree program best suits your needs.The actual degree programs are online certificates, an associate’s degrees, bachelor’s degrees, master’s degrees, and an MBA degree, and doctoral degrees. The three the average online student is pursuing either a certificate, an associates, or a bachelor’s degree.A certificate program is the fastest to obtain. The US News refers to certificate programs as mini-degrees. Certificates are used in industries such as financial planning, technology, food services, and criminal justice. A certificate program is fast paced and skill-centered. It can take anywhere from eight weeks to one year to complete a certificate program depending on what the student is studying. Studies show that students are two times more likely to finish certificate program then other students are to finish any of the other degree program.It takes sixty credit hours to complete an associate’s degree sixty credit hours in a It’s the degree that most students get while attending community college. Many students who earn an associates degree later transfer to a bachelor’s program where the hours spent earning the degree can be applied directly to the total number of hours needed to finish the longer degree. If you are looking for a hospitality, or telecommunications and associates degree is a solid choice.A bachelor’s degree is the most popular degree program. It requires between 120-128 credit hours, sixty of those hours can be transferred from an associates degree. People working in public administration, theology and divinit and human resources have bachelor’s degrees.A recent study showed that people who had master’s degrees earned an average of two hundred dollars more a week then students that were content to settle for a bachelor’s degree. This prestigious degree requires anywhere from one to three years of graduate or post gradate study. In order to obtain a masters degree some students write a thesis while others are able to apply their work experience. In several careers, such as international business and technology, an on-line master’s degree garners more respect then master’s degrees earned through more traditional routes.If a student is planning on starting their own business, specializing in a specific area, or competing in a global market, they may want to consider pursuing an MBA.In a recent study done by the U.S. Census Bureau students that went on to earn a doctoral degree are earning an average of $37,265 more then their counterparts who simply earned their bachelor’s degrees. The doctoral degree is the highest possible level of education. It takes approximately five years to complete. In order for a student to earn their doctoral degree a write a publishable thesis, complete original research, and complete a course of study. Only one in one hundred Americans earn a doctoral degree. Doctoral degrees can be earned in fields such as business and public health.To choose the degree program that best suits your needs decide how much time you can conceivably dedicate to your education.