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3 Steps to Get Approved for That Much-Needed Vacation

Whether you took time off over the winter holidays or are rolling over several days for a mini staycation this spring, vacation time is an essential part of work-life balance.

Vacation is a time for restoring your mind. It’s also a tool for flexing your negotiation skills, arranging a new job’s start date and recharging your career trajectory. Here are three ways to leverage it for your benefit.

1. Negotiate additional paid time off — it’s easy. When I worked in recruiting, nearly every time a candidate asked for additional paid time off, they got it approved.

Here’s why. The approval process is relatively quick and simple for this particular topic, at least in the organizations where I worked. Unlike salary approvals and sign-on bonuses, which often required approvals from the hiring manager, department head and group’s financial lead, personal time was usually one-stop shopping with the hiring manager only.

Tactfully state your case and ask in a professional manner. That puts the recruiter in the position to communicate to the hiring manager on your behalf. The hiring manager often says, “Yes, that’s not a problem.”

Not only is this a win for the new hire, it’s a way for them to practice negotiating as well. Although asking for paid time off may not feel like negotiating a higher salary, at the end of the day it’s all good. While it’s not necessarily more money in the bank, it’s more time in the personal bank.

2. Make planned vacations nonnegotiable. Also, during the interview process, candidates were often reluctant to tell me about an upcoming vacation, thinking it would potentially hinder their candidacy. Au contraire!

You don’t need to explain the reason you’re taking off other than saying something’s been planned for months, but it’s important to address this regarding your start date and be transparent in the process.

In all of my years of recruiting, not once did I see a planned vacation result in a hiring manager changing their mind about extending an offer. If anything, they often felt it was good that the new hire would start the job with a refreshed mindset.

The same applies for employees, too. Sure, you shouldn’t book a two-week vacation during a busy season, but as long as the time gets approved during downtime, consider a manager’s perspective of preferring that you take a break to rejuvenate rather than work endless hours in an unproductive cycle.

3. Remember to unwind and unplug. Yes, modern technology can keep you working 24/7. However, this is one situation where you can — and should — unplug. Once you train your backup contact at the office and turn on that out-of-office response, leverage the rare opportunity to relax and focus on your loved ones. It’ll do your mind, body and career some good.

There’s the performance aspect at work, too. An Ernst & Young study conducted in 2006 found that additional paid time off resulted in boosted performance ratings.

So, the next time you’re trying to be a martyr and getting burned out in the process, take a deep breath and those much-needed days, even if it means you’ll be sitting in your backyard listening to the radio. The study found that, for each additional 10 hours of vacation employees clocked, their performance reviews rose 8 percent the following year.

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3 Steps to Get Approved for That Much-Needed Vacation 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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