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4 Key Questions for Year-End Job Seekers

“Why should I hire someone in late December when they can’t possibly add productivity to my company this calendar year? They will only add to headcount and expenses that need to be reported,” employers often reason. That’s why by this time of year, most all the hiring is done, and job searches are typically put on hold until January.

But, this doesn’t mean that as a job hunter you should be idle! Every indication suggests that hiring will pick up as the new year begins, and if you want to use that opportunity to move your career forward, you should take a hard look at yourself and answer these questions:

[See: 8 Ways Millennials Can Build Leadership Skills.]

Are you prepared to invest the time and energy it takes to do a serious job hunt? Even in the best possible job hunter scenario where you are recruited out of the blue, obtaining a job offer takes work. You need to understand your own story. And that doesn’t mean reviewing all the things you are expected to do for your current and former job.

The end of the year is a great time to look back and get a better perspective on your roles. How have you contributed to the successes of your teams and overall organization?

Take this opportunity to think about what makes your juices flow in your job. What things bring excitement to your job? If, alternatively, you are feeling burnt out, undervalued or just plain bored perhaps it is time to figure out what would be a more interesting career path to pursue. What skills and experiences do you possess that are transferable, and what more do you need to do in order to open that pathway to your future success?

Is your resume ready? Take a look at your resume. Is it up to date? Does it have lots of “responsible for” statements? If so, rework them so you begin with an active verb that demonstrates what you’ve done — not what you were supposed to do.

Do you have a short, two- to four-line branding statement at the top that gives an overview of who you are and what sets you apart from your competition? Don’t focus on things everyone will claim, like “excellent communications skills,” “team player,” or “results-oriented.” After all, these are baseline expected characteristics rather than qualities that will set you apart and above others.

Do you clearly define your skill set? Do you explain any gaps in employment? Do you describe your employer’s business — especially if they aren’t well-known companies?

[See: Famous CEOs and Executives Share Their Best Career Advice.]

Is your LinkedIn profile optimized? Failure to have a LinkedIn presence has become a cardinal sin for any professional who seeks to move forward. And failure to fully optimize it runs a close second. When you add detail to each of your positions, complete your skills section, provide a personalized summary section which highlights your key career accomplishments and more, you’ll make yourself findable by hiring authorities and recruiters who are looking for people like you.

Have you done your homework on companies you want to join? Sure, whenever you see an ad for a job there’s a button that encourages you to just submit your resume. And you might aim for a large volume of applications thinking that this will bolster your chances of success. But hold on! Consider this just the beginning of a campaign that will precede your initial application.

No matter how close a fit you think you might be, you’ll always be a stronger candidate when you network your way into consideration rather than submitting a blind application. Here’s where your LinkedIn network and research comes into play. Whom are you connected to on LinkedIn that works at the hiring company? Even if they are second or third degree, it’s worth reaching out to make a connection and ask for some information.

What do they like about working at the company? What is the corporate culture? What are the current challenges facing the company? These are good conversation starters without asking your contact to actually do anything for you. The more information you get, the more you’ll then be able to tailor your cover letter to show you’ve done your research and you have a real interest in the company.

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

As your conversation proceeds, you might inquire if the company has an employee referral program. If so, it might well be to your contact’s benefit, as well as yours, if he or she will submit your resume on your behalf. But you need to understand that if you’ve already submitted your own resume, you negate all the value of the employee referral.

In their search for strong, great-fit candidates, companies will consider if and why you are interested in working for them. To make your case, you’ll need to assimilate the information on their website, LinkedIn and Facebook pages, and elsewhere. Unless you take the time to prepare each job application separately, you place yourself at a disadvantage.

If you capitalize on these weeks to do your research, and enhance your resume and LinkedIn presence, you’ll be setting the stage for success next year.

Happy hunting!

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4 Key Questions for Year-End Job Seekers 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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