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Tips for Making the Most of an Internal Job Referral

Savvy job seekers know that leveraging their network of contacts is a proven method for landing a new role. The need to use your network increases in importance with every year of experience — especially in a “Goldilocks” employment market where being not perfectly matched is often the kiss of death if you have no inside ambassador. Given the high payoff potential of an internal referral, it is critical to handle the opportunity with care. Here are three tips to maximize your chances of being moved to the front of the interview line when given an internal recommendation.

[See: The 25 Best Jobs of 2017.]

Dialing for dollars. Yes, the reality is your contact will likely email your resume to a hiring manager, but starting with a live conversation is the most effective strategy. If you are aware of an opportunity within your contact’s company, ask if she has advice on the role, hiring process and company culture. Try to avoid meeting for just a few minutes during a busy work day if possible. Offering to buy coffee, lunch or a drink while you get the inside scoop can go a long way — and give you much more information. Be flexible and accommodating regarding the schedule. The key here is to make it very easy and appealing for your contact to speak with you. Remember, a good source can help you read between the lines of a job description and arm you with details that give you a distinct competitive advantage. Treat any referral source as gold.

Use what you learned. Just about 99.9 percent of the time your contact will ask for a resume before she makes an introduction to the manager. Don’t slack here — deliver a great resume. When job seeking, your resume can open or shut doors within seconds. It guides the reader through your background and displays how much (or how little) of your responsibilities and results align with the position. Use the information from your conversation to highlight those experiences and achievements that are most relevant for the specific role. Include key words and phrases that are used by this company. Be fastidious in ensuring your resume is error-free and focused on what matters most. A poorly written resume may lose you an opportunity, plus it reflects badly on your contact. It is a waste of a great lead.

[See: 10 Ways Social Media Can Help You Land a Job.]

Create turnkey correspondence. A turnkey project is one that is already complete and immediately ready for use. Use this concept when working with your connections. The best way to get help from a personal connection is to make it super simple for them to help you. This means you should write a customized email that your contact can forward with no editing required. A critical component of the email is the message you would like to be sent to the manager. Think of this as a cover letter — it should be thoughtful, concise and related to the role. Confirm with your contact if she would prefer that you write it as a separate attachment, or if you should express your interest in the body of the email. If attached, the cover letter should start with how/by whom you were referred to the role, a paragraph or two about how your background makes you a compelling candidate and a closing paragraph thanking him for consideration and expressing a willingness to answer questions or set up an interview.

[See: 25 Best Business Jobs for 2017.]

If you are not advised to attach a cover letter, only include in the email content that will increase your candidacy. Referring parties, especially if they view your email via their phone, often send the whole message thread without removing any of your personal correspondence. If you have any personal follow-up, send a text or a separate email string to discuss. For this correspondence, start with a new email to your contact; do not respond to a previous email chain unless requested to do so. Write a few lines thanking your contact for their willingness to make an introduction.

Next, in the body of the email write that you have included a message to the hiring manager below along with your resume attached. Skip a line or two and then transition to your letter of interest to the manager. Use a similar content structure as the cover letter, but you can be a little more informal in your first paragraph. Here is an example of an intro paragraph, “Mary Doe and I have been on the AMA ambassador committee together for two years and I know how much she enjoys her role at X company. I was thrilled to learn about your opening for a content manager focused on rebranding your online presence. That is just the type of challenge I am targeting.” As with the attached cover letter, include two or three more paragraphs about your background and your desire to connect. Be sure you have contact information and a link to your LinkedIn profile in your email signature. Resume attachments sometimes don’t forward correctly — so it is better to be safe than sorry.

Confirm with your contact, outside of this email, the expected process and the best time and person with whom you can follow up. It is also very helpful to send a handwritten thank-you note to your referring party. Not only is it thoughtful, it also reflects well on your professionalism and manners if it is opened at work. A recommended candidate who is polite, too, makes for a powerful combination. Keep an eye on email and voicemail so that you can respond swiftly to any messages. In short, make your internal ambassador look great for having you as a connection. It is one of the best ways to get the job and to continue to get referrals in the future.

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Tips for Making the Most of an Internal Job Referral 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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