Tracing My Career Path as An IT Contractor - Free Essay Example

Once I complete my college education, I plan to seek a career opportunity as an IT contractor. This decision stems from my observation and detailed research of the fast pace with which the IT world is creating lucrative job opportunities for contingent workers. For example, a recent report by TEKsystems indicates that 26 percent of managers in the IT sector was projected to increase the headcount of contingent professionals during the last six months of 2017 (Bednarz). As an IT contractor, I intend to contribute niche skills to various teams, secure my financial security through savings and investments, and be part of a network of professionals with valuable insights for the future. In the words of Jason Hayman, a TEKsystems’ manager in market research, â€Å"the current environment for IT workers is one of opportunity, as unemployment remains low and demand continues to rise† (Bednarz). At a time when unemployment is on the rise in many industries, Hayman’s analysis is of great motivation for me as I look forward to filling a gap in the provision of IT skills to the industry players who often prefer contractors. In order to maximize my opportunities for growth in the IT profession, I will avoid complex projects in the early stages of my career and progress gradually as I gain more experience. Although I expect to enhance my IT skills and knowledge through rigorous training and working with those with established careers in the field, I will choose contract rates and projects that will allow me to grow at my own pace. Moreover, contractors enjoy great flexibility in terms of their choice of work, the companies they work for, and what they consider as reasonable compensation (Keeble). Therefore, I will maximize this flexibility to ensure that I deliver the highest standards of service as I become more marketable among the clients. According to Ken Rubin, an IT consultant at High Road Data in Orange County, â€Å"I like the freedom and flexibility to set my own schedule† (Bednarz). Indeed, this is one of the most attractive aspects of working as a contractor. However, there is no job security, paid vacations, and retirement benefits that one should expect to enjoy as full-time employees do. In this regard, I will secure my financial stability by having a culture of saving and investing my income in different long-term ventures such as real estate and government bonds. As an IT contractor, I expect to make earnings of between $60 and $80 per hour. Despite such an attractive package, the workflow is not guaranteed because companies seek the services of contractors depending on workloads, the urgency of a project, and the need to get key expertise or skills. Therefore, I will develop personal discipline when it comes to the management of my income because I will be responsible for my healthcare needs, payment of taxes, vacations, and financial security after retirement. These are huge responsibilities that I intend to prioritize so that I can get maximum benefits from my profession. Working as an IT contractor will also require a strong initiative for personal and professional growth because there is no employer to organize training programs, seminars, or workshops on my behalf. Furthermore, I will be my own boss. Therefore, I will take advantage of the flexible working hours to not only market myself to potential clients, but also enroll for further studies or improvement courses whenever necessary. By so doing, I will tap into the current IT knowledge and opportunities since my choice for further training will be informed by a strict analysis of the skills that I need to progress in my career. In other words, I will expand my knowledge based on the relevance and the potential to improve service delivery to clients. In order to be fully committed to professional excellence and to maintain the momentum of continuous improvement, I will be part of a network of professionals with similar interests. Moreover, the IT profession is highly dynamic and one must be a team player in order to overcome the challenges of this profession, especially when working as a contractor. Without being part of a team of professions, career progression can be much slower because contracting depends a lot on knowing people and establishing good relationships with them. One of the most important benefits that I shall derive from being part of a network of professionals is the opportunity to market myself. It is important to appreciate that I may not be trained in marketing by the time I begin my career as an IT contractor. Even when I eventually get this training, I will still need the business network because that is where professionals meet, discuss, and learn how to grow as a team through referrals. Therefore, I will prioritize my membership to the appropriate group of IT professionals so as to increase my prospects for contracts. At the same time, I will seek to develop my own marketing skills by enrolling for the relevant training in IT contractor marketing.

The Ultimate Guide to Completing Your FAFSA Application

If you’re in the process of applying to college, you may have heard your guidance counselors, peers, or parents talking about the FAFSA application. But what is FAFSA? The very short answer is that FAFSA is the central way that you acquire financial aid to cover the cost of college expenses. Did you know that the Department of Education gives out roughly , 2019. Every state has a different deadline for state-based financial aid, and this is a super handy resource detailing all of the 2018-2019 FAFSA deadlines by individual state. Or you can use this convenient FAFSA deadline calculator to determine your deadlines for each academic year in your state of legal residence. Keep in mind that every college has its own set of deadlines, so check with every college you are applying to about their FAFSA deadline so you don’t miss the submission window! What Information do I Need to Complete a FAFSA Application? Here is a short and sweet list of the necessary information for filling out a FAFSA if you are filing as an independent. This includes: Your Social Security Number Your Alien Registration Number (if you are not a U.S. citizen) Your federal income tax returns, W-2s, and other records of money earned (note: tax information for FAFSA is now taken from the year-before-last’s tax return, not last year’s) Bank statements, investment records, and records of untaxed income (if necessary) An FSA ID to sign electronically More than likely, though, especially if you’re still in high school right now, your parents can claim you as an dependent. This means they will have to fill out a FAFSA application for you, providing in-depth information on their financial earnings (in other words, sharing their Social Security Number and the other information listed above). Resources for Parents Your parents can use the IRS retrieval tool to conveniently upload their tax return information into your FAFSA form. Note that this tool was taken down temporarily in March 2017 to prevent fraudulent activity. While it operates a little differently than it did in the past, it’s still a viable tool, and now safer to use than previously! This is also a great resource on the updated protocol for submitting tax information to FAFSA if you’d like more information on this front. Here is a list of questions to ask yourself to determine if you’re a dependent and will therefore need your parents information to complete the form. It’s also important to note that a parent, in the case of FAFSA, is: A biological or adoptive parent A legal guardian that the state has determined to be a parent on your birth certificate Note that foster parents, legal guardians, grandparents, older siblings, widowed step-parents, or aunts/uncles are not considered parents for the purpose of FAFSA unless they have legally adopted you. Now, as we all know, not all families look exactly the same, and parental relationships vary from household to household. This is a great infographic of who should fill out a FAFSA form for you, but here’s whose information to provide on a FAFSA, based on marital status:* Parent’s Marital StatusProvide Information For: Never MarriedThe parent that you lived with most during the last 12 months. If you did not live with one parent more than the other, provide information about the parent who provided more financial support during the last 12 months, or during the most recent year that you actually received support from a parent. Both legal parents unmarried but currently living togetherBoth of your legal parents Married Both of your parents Remarried (after being widowed or divorced) Parent and Stepparent Divorced or Separated The parent that you lived with most during the last 12 months. If you did not live with one parent more than the other, provide information about the parent who provided more financial support during the last 12 months, or during the most recent year that you actually received support from a parent. WidowedYour parent (*The following information is reproduced from FAFSA’s Who’s Considered A Parent? Page and can be found there as well.) One last noteworthy point is that even if you are a dependent, you must claim any financial gains you incurred the previous year, such as gifts, contest money, etc. What Happens After I File a FAFSA Application? Two major things happen after you file a FAFSA: #1 You will receive a Student Aid Report (SAR). If you’ve provided an email address, you will receive your SAR within 3-5 days. Otherwise, you will receive it in the mail within 7-10 days. Your SAR will include all of the information that you or a parent has entered as well as your EFC (â€Å"expected family contribution† if you recall from above). If any information is missing, your EFC will not be calculated and you will be able to add or change information as necessary. #2 You will receive financial aid award letters As you begin receiving acceptance letters from colleges you’ve applied to (woo hoo!), you will also begin receiving financial aid award letters; in fact, sometimes they even come with your acceptance letters. Your financial aid award letters will use the information from your FAFSA application to come up with an amount of money that they are willing and able to provide you. Each school will have its own unique â€Å"financial aid package† that breaks down the aid you receive. Aid may come in several forms including but not limited to: Grants Sums of money that are typically strictly need-based, and do not have to be repaid. Scholarships Also sums of money that do not need to be repaid, but are often merit-based or both need and merit based. Government loans Low interest loans with various payment plan options. This is a great overview of every type of financial aid offered through FAFSA. One thing to keep in mind, however, is that if you apply to a college early-action or early decision, your financial package may not arrive until all students have applied by the regular deadline. Other FAFSA FAQs Who Can Apply for FAFSA? Here is a quick fact sheet on eligibility for receiving financial aid via FAFSA, but please note that you must be a United States citizen with a valid Social Security Number, or be an eligible non-citizen of the United States. Typically, the following individuals are considered eligible non-citizens: US permanent residents (holding a Permanent Resident Card, formally referred to as a â€Å"Green Card†) Conditional permanent residents (I-551C) If you are currently an undocumented immigrant, there are still many types of financial aid you can apply for, and the College Board’s Repository of Resources for Undocumented Students is a great starting point. Why Do So Many Students Miss Out on FAFSA? The truth is that many students don’t immediately believe that they will qualify for financial aid, but nearly all students do, in varying quantities. Some students are also simply not made aware of the FAFSA application and then miss the deadline to apply for aid. Sometimes students who are English Language Learners (ELL) or whose parents are ELL have a hard time understanding all of the information being asked on the FAFSA form. If this is the case, talk to your high school guidance counselor as soon as possible to discuss translation options and assistance. According to several recent studies, students leave literal billions of dollars on the table by not applying for FAFSA, which is incredibly unfortunate! The moral is, everyone should submit a FAFSA application, bottom line. You may be entitled to significantly more money than you assume, and no matter what, every bit helps! Is FAFSA Mandatory? Nope, FAFSA is not mandatory, but it’s the gatekeeper for all types of financial aid, so if you’re looking for financial assistance of any variety, you’ll need to fill one out! Is FAFSA Free? Indeed it is! Hence the name, â€Å"Free Application for Federal Student Aid.† That said, you will no doubt have other application fees as you apply to college, so be mindful of these as they come up. Does FAFSA Help You Get Free Money or a Loan? One of the main goals of FAFSA is to get you money that you do not need to pay back—in other words, grants and loans. However, each one of the colleges you apply to will assemble their own financial aid package, some of which will include loans, which must be repaid per the specific terms of each individual type of loan. Is FAFSA The Only Way to Receive Financial Aid? FAFSA is the quickest way to access most types of financial aid out there, but it isn’t the only way or resource. At the bottom of the types of financial aid page, FAFSA lists some of the other ways students can get financial assistance, including tax credits, military aid, state and local scholarships, etc. Remember that there are many options out there for paying for college, and you can use the College Scholarship Service (CSS) to help you apply for all kinds of scholarships from over 400 participating colleges. Good Luck and Happy Applying! We know that applying to colleges is stressful in its own right, and the FAFSA application can seem really intimidating. But if you have all the information (starting with the answer to, What is FAFSA?) and start the process early, you’ll be set! And again, you may be surprised how helpful doing so is to you in the applying to and selecting a college! Remember that if you need help or more information, see your high school guidance counselor at your earliest convenience. You can also utilize the Coalition for College Access and its range of free tools and resources for college planning if you feel you need more assistance. Are there any other questions or concerns you have about FAFSA? If so, comment below and let us know!