What is franchise application for college students?
Answers
Once upon a time, the only option for running a business in college was to do it all yourself. Whether you were selling cribbed class notes, publishing a newsletter or printing t-shirts, the shop was all yours and you got all the responsibility and profits.
With increasing corporatization, franchises are becoming more and more open to college students. Some are short-term gigs to make money before beginning a career, while others are full-size business ventures you can graduate into and make a lifelong career of.
Franchises aren’t for every college student, but for some they are a perfect match. Here is the good, the bad and the ugly of this early-life business opportunity.
Class 101 is a national college planning franchise that helps high school students get into better colleges and qualify for higher amounts of scholarships and financial aid. We address a common problem: the college application process is complicated, competitive and stressful, resulting in students who don’t get enough, or any, financial aid and often end up at the wrong school.
Millions of high school students enrolled as college freshmen at more than 4,000 institutions last year, according to the National Center for Education Statistics. One in three freshmen drops out after his or her first year, according to U.S. News & World Report, and those who drop out struggle to recover.
Class 101 offers a unique program to address this issue, and it starts during the sophomore year of high school. Students work individually with a college planner and meet once a month for hour-long sessions throughout the year. The sessions prepare the student to take ACT and SAT tests, improve GPA, work on building a large list of schools that are a good fit, prepare a high-performance resume for colleges, write a powerful essay, visit schools, complete applications ahead of schedule and navigate the scholarship and financial aid processes.
Students that go through the Class 101 program have some dramatic results: the average American high school student applies to two or three schools and receives about $20,000 in scholarships and aid. Class 101 students apply to an average of 10 schools and receive more than $200,000 in scholarships and aid. Our students also tend to stay in school. The dropout rate for incoming college freshmen is high — as many as one in three first-year students never make it to their sophomore year. The dropout rate for Class 101 students is less than 1% — far below the national average.
BE SMART......^_^