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5 Secrets to Savvy Cover Letters

While it’s important to work on your résumé and ensure it sparkles, a cover letter can be just as important. This often overlooked tool can make all the difference. Here’s what hiring managers are looking for in a cover letter that will set you apart from the rest:

1. Give your credentials. What do you want people to know about you first and foremost during your elevator pitch? This is exactly what you should include in the first paragraph of your cover letter. While your résumé outlines your work experience and credentials in short sentences, the next section of a cover letter should highlight your biggest accomplishments with some detail. This is an opportunity to showcase what you want to stand out on your résumé.

2. Prove you’re the best fit for the role by showing how you can help solve the employer’s problem. The whole premise of getting past “gatekeepers” to be considered for an interview involves convincing them you’re right for the job. Instead of showcasing why you should be considered, let your succinct accomplishments speak for themselves while showing how you can meet the company’s needs.

3. Highlight distinct accomplishments. Since the purpose of a cover letter is to express your interest in the role and briefly mention why you’re a fit, instead of rewriting your résumé, take this opportunity to highlight an award or achievement. For example, point out recognition within your group for exceeding sales quotas on an annual basis or jumping in to manage a team in your department in addition to your own daily responsibilities. It doesn’t have to be long; in two sentences, succinctly reference the accolade so you stand out from other cover letters in queue.

4. Address any potential red flags. If you think something may immediately catch the recruiter’s eye in a negative light, politely address it. For instance, if the position you’re applying to is in New York, and your résumé address reflects Chicago, a recruiter may automatically disqualify your candidacy thinking: “We won’t pay for relocation, so this candidate is not a fit.”

Recruiters typically appreciate when candidates are up front and address concerns before assumptions are made. This also demonstrates a sense of maturity. Say something like: “While I realize my address reflects Chicago, I intend to move to New York within the next several months at my own cost.” This will put the recruiter’s mind at ease and allow him or her to consider your candidacy based on just that — your candidacy — and not location.

5. State your availability. Make sure your preferred start date is clearly stated in your cover letter. Is it immediately? Is it after giving two weeks notice? Is it within four months? Stating you’re not available for four months may hinder your chances of getting the job, because hiring managers will likely want to fill the role as soon as possible. However, keep in mind that they may be building a pipeline for an expanding department. By stating your availability up front and being clear in the beginning of the interview process, you won’t waste anyone’s time — including your own.

6. Be clear and accurate. During an interview, how you say things is just as important as what you’re saying. The same applies to a one-dimensional piece of paper. Your cover letter should be clear, concise and free of grammatical errors! Make sure you spell check your résumé and cover letter and give them an extra copy edit to make sure nothing was missed. In fact, have another person give them a read-through for errors.

It often takes only a few seconds for recruiters to review a cover letter. Two things always stand out: the length and grammatical or spelling errors. Take the extra time to review your cover letter and make it easy for a recruiter or hiring manager to say “yes” to your candidacy.

7. Include your contact information. This may seem basic, but there are plenty of cover letters out there with nothing more than a candidate’s name. Keep all your information readily available to make it easier for the recruiter to find and get in touch with you. Include both your email address and phone number on each page of your résumé and cover letter. This shows you’re detail-oriented and look forward to being contacted.

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5 Secrets to Savvy Cover Letters originally appeared on usnews.com

Don’t Settle for Student Loans to Pay for Online Education

Online college programs are becoming a more popular choice for prospective students, with one study finding that more than 6 million students enrolled in at least one online course in fall 2015. The popularity of these courses can be attributed in part to their flexibility with working adults' schedules, students' ability to progress more quickly through online programs and, oftentimes, cheaper tuition. [See 10 low-cost online bachelor's programs for out-of-state students.]Online degrees can be beneficial to many college students, but some studies have shown online learners complete their programs at lower rates than students at traditional brick-and-mortar campuses. Individuals with student loans but no degree comprise two-thirds of defaulted borrowers. Though these numbers are not encouraging, just like for traditional programs, there are ways to reduce how much you'll need to borrow for an online program to ensure you won't become one of these statistics. Don't just settle on borrowing student loans to cover the whole cost of your program and living expenses. Instead, start thinking about how to cut costs and cover your balance in different ways, such as the following. -- Grants and scholarships: Even though you are taking an online course, you can still apply and receive grants and scholarships. But your first step should be to complete the Free Application for Federal Student Aid, commonly referred to as the FAFSA, which will allow you to receive a Pell Grant if your expected family contribution is low enough. The EFC criteria and award amounts are adjusted annually, but the 2017-2018 academic year awards range from $606 to $5,920, which could significantly lower the amount you borrow annually. Your next step is to apply for scholarships. You can start by checking online scholarship search engines, such as the Salt Scholarship Search, College Board's BigFuture and Peterson's. But don't forget to take advantage of local organizations and your school's financial aid office. Both may offer scholarships that you can't find with a national scholarship search. [Review these 10 sites to kick off your scholarship search.]For instance, organizations like the Elks Club, Knights of Columbus or the Rotary Club typically offer scholarships annually to local students. Just because you're going to school online doesn't mean you're ineligible. Visit your local library for scholarship listings, and ask around town. You might be surprised how many local organizations offer scholarships. While these scholarships typically aren't large, every little bit counts. Each dollar you receive in a scholarship is a dollar you don't have to borrow and pay interest on. -- Work-study: Another option for online students may be work-study awards. Not all students enrolled in online programs are eligible, but students at some schools -- including, for example, SUNY Empire State College and Liberty University -- are. Work-study awards are not given upfront like scholarships and grants. In most cases, they are an offer to earn up to the awarded amount if you secure an eligible work-study job. While there is a misconception that all work-study jobs must be on campus, students can work for off-campus, nonprofit or public employers as long as the work is in the public's interest. You may be able to work for a for-profit employer if the job is relevant to your course of study. No matter who the outside employer is, it will need to have an established agreement with your college for you to receive work-study funds. Remember, to be eligible for federal financial aid, you must be enrolled and pursuing a degree or certificate. If you're not working toward a credential, Pell Grants and work-study won't be option, but you may still be able to take advantage of private scholarships -- just be sure to read the eligibility criteria carefully. [Explore what to know about financial aid in online programs.]-- Pay as you go: One of the great benefits to enrolling online is the flexible schedule, which can allow you to complete your college coursework around your responsibilities. But prospective students often overlook using their part- or full-time job earnings as an option for paying for college. Almost 80 percent of college students in 2015 worked at least part time while attending classes, according to the National Center for Education Statistics. By budgeting and thinking strategically about your college costs, you can likely reduce your dependence on student loans by paying a portion out of pocket. Many -- but not all -- online programs are less expensive than traditional programs and often have shorter payment periods. Six, eight or 10 weeks are common course durations. Because of the frequency of payments in an online setting, you may be well-placed to pay as you go and possibly avoid borrowing altogether. Attending college online and avoiding student loans may be challenging, but if you are willing to put in the effort, you can limit the amount you need to borrow. More from U.S. News Q&A: Understanding Student Loan Discharge Eligibility Student Loan Refinancing Isn't Right for All Borrowers
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