July 22, 2008
The Department of Education Advisory Committee on Student Financial Assistance recently released a report entitled Early and Often showing the financial aid community what can be done to help students and families better prepare to pay for school. The report provided recommendations on what information students needed to know before deciding whether to attend college, when the students needed to know it, and how it could best be disseminated to students and their families, stressing four categories of knowledge that students need to make informed decisions about attending college.
Students need to understand:
The Early and Oftenreport states that this process needs to begin as early as the sixth grade to ensure that students and families have enough time to devise a strategy for getting into and paying for college.
According to the National Association of Student Financial Aid Administrators, "Possessing timely and accurate information at each juncture of a student's college preparation timeline can dispel the hyperbole in the media and alleviate complexity, inform students of financing options, and ensure they make sound decisions."
The report asserts that "early information on the availability, eligibility, and variety of financial aid is essential to promote access and persistence. Every student should learn that funding an education requires a reliance on many sources: federal and state governments, institutions, private resources, and personal financial resources. Each of these sources can provide financial aid in the form of grants and scholarships, loans, and work-study opportunities.
Delivering information on the differences between need-based aid and merit-based aid will help students better predict which aid options will be available for them. Understanding the intricacies among such options is vital to successfully financing higher education."
Working with the strategies suggested by the Department of Education, websites such as Scholarships.com already provide the public with a wealth of free resources regarding a variety of financial aid.
By browsing our website's Resources section, students can find information in all four of the Department of Education's vital categories, especially paying for college and applying for financial aid. Additionally, our scholarship search can fill an important role, even early in the college planning process. Students can fill out a profile and conduct a free search, gaining valuable information on which scholarships may be available to them. This will help students get a better idea of how they will be able to afford college.
The full Early and Often report is available on the Department of Education website.
April 16, 2008
Even the most disciplined and well-intentioned parents may have a hard time saving for their child’s college education. To assist parents and students in their search for college funding resources, Oxy has created a college sweepstakes with some hefty awards.
By applying, parents will be entered to win one of eleven prizes ranging in size between $5,000 and $25,000. Because the awards will be offered in the form of 529 Plan contributions, they will continue to grow tax free. With no essay required, this one is worth a try. For more information about this and other college scholarships and grants, you may conduct a free college scholarship search.
1. One $25,000 529 Plan contributio 2. Five $10,000 529 Plan contributions 3. Five $5,000 529 Plan contributions
1. Applicant must be 18 years old or older or must be a parent of a child who is between 13-19 years of age between April 1, 2008 and September 28, 2008 2. Applicant must be a legal US resident
September 29, 2008 by 3:00 PM ET
1. Online or postal mail registration
December 10, 2007
Each year, Scholarships.com offers seven students a total of $10,000 to be applied toward their education. The scholarship essay topics are meant to evoke thought and to challenge participants to proactively respond to controversial issues. Students applying for this year’s award will be able to choose between writing about the effectiveness of the No Child Left Behind Act and about the rising cost of higher education. Students may write about either topic, provided their ideas are original. Scholarships.com looks for essays that demonstrate critical thought and highlight the student's ability to analyze and find solutions to potential problems. A winning essay will be worth up to $3,000 and will be forwarded to the appropriate public official in the hope that Scholarships.com can be part of the solution. Award winners will be notified by May 30, 2008 and announced on June 30, 2008. Their essays will be made available to the public on the Scholarships.com Winners page soon thereafter.
For more information about this and other scholarship opportunities (including contact and application details) you can conduct a free scholarship search.
1. One $3,000 grand prize 2. One $2,000 prize 3. Five $1,000 prizes
1. Applicants must be U.S. citizens 2. Applicants must be high school seniors during the time of submission 3. Applicants must be 18 years of age by the time the prize is awarded on July 31, 2008 4. Applicants must plant to attend a U.S. Department of Education accredited 2 or 4 year college, university or trade school in the fall semester following their entry. 5. Only one entry per person
March 31, 2008
1. An essay of no more than 1,000 words answering one of the following questions:
A. Has the No Child Left Behind Act of 2001 been successful in fulfilling its purpose? Why or why not? B. How has the rising cost of a college education affected students and families? What can the government do to offset any adverse effects or related financial pressures?
2. A short, informal response that demonstrates why attending college is important to the applicant as well as an outline of the applicant’s academic and career goals. The response should include an answer to the following question:
What do you feel will be your biggest obstacle in attending college, and, if able to attend, how do you think your degree will help you achieve your goals?
3. A letter of reference that addresses applicant potential and provides support for receipt of scholarship assistance. The letter should be from an adult who knows the student well enough to speak authoritatively about their character and abilities e.g., teacher, counselor or other school faculty. If none of the aforementioned is able to assist the applicant, a parent or other adult relative will suffice.
Further details, including information about applying, can be found by conducting a free scholarship search. Once a student has completed the search, this scholarship will appear in their scholarship list, provided the student is eligible.
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