December 19, 2007
The whole “college graduates earn $1 million more than non graduates over their lifetime” stat is getting a bit trite. I’ll give you a few more if you’re not convinced that college is a worthwhile investment.
College graduates enjoy greater career security
College graduates can offer their children a more secure financial future
College graduates are healthier
College graduates are more likely to contribute to society
Anyway, you get the picture. The problem isn’t that the whole “follow your dreams” thing makes no sense. The problem is affording those dreams and affording the time and preparation it takes to follow them. Most of us don’t make enough money to loll around devoting our days to perfecting our sculpting skills and sharpening our 3 point shots. Even those with less risky dreams can’t always afford to test the waters, especially if the schooling required to get those jobs is too expensive and time consuming. That’s why so many students find themselves having to compromise their initial career goals after realizing their dream jobs won’t allow them to pay off student loans. Let’s just say that the need for qualified teachers isn’t caused by a disinterested public.
Sorry, I didn’t mean to be gloomy. I swear there’s a silver lining. Financial aid in the form of government grants and outside scholarships is readily available to students in difficult situations. Without a cloud of college debt hanging over your head, “The Road Not Taken” may suddenly become an option. The financial aid information found at Scholarships.com will help you familiarize yourself with the FAFSA, government grants, corporate scholarships, private scholarships, the ins and outs of student loans and myriad other financial aid opportunities. Whether you’re interested in preliminary information or ready to get down to business by finding scholarships, we can help you do it.
If you’re not convinced, you can take a tour of our site. Visit our homepage, and take a sort of “Tour de Scholarships.com” if you will. We can help you see how conducting a free college scholarship search will help you find scholarships and grants that, based on the information you provide, you're eligible to receive. Find New York scholarships, scholarships for graduate students, scholarships for minorities, poetry scholarships, music scholarships—you name it, we’ve got it. With information about more than 2.7 million scholarships and grants, Scholarships.com offers more than you’ll know what to do with. If you’re not convinced yet, just take the tour. Like the search, it’s free. You’ve got nothing to lose, and a world of financial aid opportunities to gain.
November 19, 2007
You may not know who Sam Walton is, but you have probably heard of his stores, Wal-Mart and Sam’s Club. There are 4,000 Wal-Mart stores in the US and more than 2,900 abroad. The store has encountered plenty of controversy about employee treatment, but it has decided to give something back. Through the Sam Walton Community Scholarship, students across the nation will be assisted in their search for financial aid. Interested students can not be employees or relatives of store employees, but those who are may be eligible for larger Wal-Mart scholarships. Applicants will be judged on their ACT/SAT scores, community service, leadership, cumulative GPA and financial need. For additional information about this scholarship (including contact information) please conduct a free scholarship search at Scholarships.com.
1. Each Wal-Mart and Sam’s Club store may award up to two $1,000 scholarships.
1. Applicant must be a citizen or permanent legal resident of the U.S 2. Neither the student nor the parent may be employed by Wal-Mart 3. Applicant must be a high school or home school graduate (or must receive their GED) between August 1, 2007 and July 31, 2008 4. Applicant must meet the minimum 2.5 GPA criteria
January 14, 2008
Requirements outlined in Wal-Mart application
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.
November 20, 2007
Last Thursday, the House of Representatives approved a renewed and altered version of the recently expired Higher Education Act. A similar renewal act was passed by the Senate in July, and it was also unanimous. Before the bill is sent to the president, it will have to be reviewed again, and one version must be created. The amended portion, otherwise known as the College Opportunity and Affordability Act, addresses financial aid hardships faced by students attempting to afford a college education. Connecticut Congressman Joe Courtney stated that, "Access for all Americans to a college education is a roadmap to a strong middle class."
Based on information provided by the House of Representatives’ Committee on Education and Labor, the College Opportunity and Affordability Act will:
1. Encourage colleges to lower or maintain costs by making sure that states provide them with sufficient funding. Schools that choose to increase tuition will have to provide reasoning for the change as well as plans to again decrease costs.
2. Lower the chance that lenders and schools will engage in inappropriate relations (such as the use of biased preferred lender lists) by requiring that lenders and schools abide by codes of conduct and by making more loan information available to student borrowers.
3. Simplify the FAFSA application process by creating a more straightforward FAFSA-EZ form for low-income families and by allowing families more time to create plans for tuition saving.
4. Assist students in affording textbooks by providing information about the costs of books in advance.
5. Improve education by creating programs that encourage students to act on their interests in the sciences and by providing financial assistance to graduates who work in the public sector.
6. Help low income, minority and disabled students afford an education by improving the effectiveness of the TRIO grant for low-income students, by helping colleges recruit and retain students with disabilities and by allowing students to receive Pell Grant scholarships aid year round.
7. Increase financial and social support for veterans and military families interested in receiving a postsecondary education.
8. Improve safety by helping colleges create emergency systems and by establishing disaster relief loan programs in case of disaster.
January 8, 2008
With the Iowa election safely behind us, U.S. citizens will soon come to realize that the rest of the country also gets to vote. Yes, it’s true. Citizens in the other forty-nine states can also voice their opinions on key issues. And if Bill Gates has it his way (and he’s been doing well so far), education will be one of those issues.
By donating $30 million to the bipartisan group Strong American Schools, the billionaire is hoping to make education a central matter in the 2008 election. With Bill’s $30 million and another $30 million to its name, the Strong American Schools “Ed in ‘08” effort is hoping to draw some attention, regardless of victorious party.
"Ed in ’08 " hopes that the future president will work to increase teacher salaries, extend school days (I probably lost some of you there) and decrease dropout rates. In addition to helping primary and secondary school students and educators, "Ed in '08 " will help students complete a college education. A total of $50,000 in college scholarships will be given away by Strong American Schools to help students in need of financial aid.
This is not the first donation Gates has made to educational efforts. His Bill & Melinda Gates Foundation has given away more than $3.6 billion in education grants. That doesn't take into account the billions it contributed to global development and health improvement efforts. Bill Gates scholarships have provided students across the nation with the money they needed to receive a postsecondary education.
For additional information about scholarships offered by Bill Gates and other providers, you can conduct a free college scholarship at Scholarships.com.
January 10, 2008
When word spread that Harvard would increase financial aid to both the middle and upper classes, tensions boiled at schools across the country. It was bad enough that Harvard attracted the best and the brightest from every nook and cranny—now they would be inexpensive too. Some guys have all the luck.
To be fair, Duke did beat Harvard in the financial aid race by being the first to announce their plan to pour an extra $13 million into the financial aid program, but their promise was simply not as impressive as the one offered by Harvard. When Duke capped their student loans to prevent debt, Harvard eliminated loans altogether—and replaced them with scholarships.
After Duke announced that parental contributions would no longer be expected from families who made less than $60,000, Harvard (which had already established that policy in 2006), announced that families making between $60,000 and $120,000 would only be required to contribute 0-10 percent of their income. Those making between $120,000 and $180,000 would only have to pay 10 percent of it.
Shortly thereafter, Stanford jumped on the bandwagon by saying that they too would do more to make their school affordable. According to The Stafford Daily, the school made plans to increase their need-based aid by 15.2 percent. The change would save the average parent $2,000 each year.
The trickle down effect also influenced other schools. Among those with New Year’s resolutions involving financial aid boosts are the University of Pennsylvania, Tufts, Haverford and Swarthmore.
Of course, not everyone gets to benefit. It’s easy to be a philanthropist when you have large endowments in the bank, which not all schools can boast. Students at colleges and universities with less money or larger student bodies were not as satisfied with their financial aid offices. According to The Michigan Daily, the University of Michigan at Ann Arbor would not only leave their policies as they are, they would continue—like many other colleges—to raise their prices. So much for that financial aid revolution we've all been waiting for.
January 29, 2008
In last night’s State of the Union address, President Bush called on Congress to cut down on bill earmarking. Earmarks, often attached to spending bills at the last minute, have been used to designate money to benefit legislators' personal interests. Local and state projects that may not have otherwise been funded are often successfully snuck into an earmark and financed.
Sometimes used as “paybacks” for organizations that donate money to a legislator’s campaign, earmarks have received negative attention in the press. However, numerous colleges and universities have also been able to profit from them. According to the Chronicle of Higher Education, $2 billion for research, construction and school projects was earmarked for colleges and universities in 2003. Criticizing the practice, President Bush stated that most earmarks don’t even make it to the floor of the House or Senate saying, “You didn’t vote them into law. I didn’t sign them into law.”
If earmarking is curbed, some schools may see a decline in their budgets, and will have to look elsewhere for additional funding. But because Mr. Bush was referring to the 2009 budget, legislators still have the option of bypassing a veto by delaying approval of the spending bill.
January 25, 2008
Your shot at winning the lottery is not particularly high, but playing is so easy that it’s simply irresistible. Though students should not hinge their entire financial futures on luck alone, lottery scholarships are a fun and easy way to supplement one's scholarship search. Plus, someone has to win. Maybe it'll be you. But before you go lottery crazy, familiarize yourself with the options, and get the facts on lottery scholarships and lottery-funded scholarships (there is a difference).
Lottery Scholarships: There are two kinds of lottery scholarships, ones that are state-sponsored and ones that are sponsored by outside providers, usually businesses. Company-funded lottery scholarships, also known as sweepstakes, pretty much embody what comes to mind when one hears the word “lottery”. Most people are eligible, and the application process is pretty easy; sometimes contact information is the only requirement. Unlike regular lotteries, you don’t have to pay to play. If paying is a requirement, don’t apply; more than enough charge-free awards are available.
Once the entries are in and the lottery deadline passes, the sponsoring company will choose an applicant at random—think computer generations rather than spinning spheres with name ballots. If you’re wearing your lucky socks on selection day, you just might win.
Lottery-Funded Scholarships: Another type of lottery scholarship is the state-sponsored, lottery-funded one. These scholarship prizes are paid for by the big, jackpot of $50 million, kinds of lotteries. A number of states have adopted programs wherein a portion of the revenues received from lottery tickets are used for education programs (both scholarships and school contributions). Not all states participate yet, but it’s quite possible that more will jump on the bandwagon. Tennessee, New Mexico, Maryland, Georgia, Florida, Louisiana, New York, South Carolina, Missouri and West Virginia are among those sponsoring lottery-funded scholarship programs.
State eligibility requirements for lottery-funded scholarships vary greatly from state to state, with some states having stricter regulations than others. Usually, students who apply for lottery-funded state scholarships must at the very least attend a high school and college within the state of the program.
Students who apply for certain lottery-funded scholarships must also meet or exceed a particular GPA or standardized test score before applying. For example, only students with a GPA of at least 2.75 may apply for the merit-based Florida Bright Futures Scholarship.
Other states make financial need a requirement. This may partially ease the minds of people who have voiced concerns about lottery-funded scholarships taking from the poor and giving to the middle classes. According to professor of economics Mary O. Borg, a disproportionately large portion of lottery tickets are purchased by low-income customers. These winning are then redistributed largely to middle class students at the expense of the poor.
To find lottery and sweepstake scholarships you may be eligible to receive, conduct a free college scholarship search at Scholarships.com. You can also check out our Scholarships.com "Tell A Friend" $1,000 Sweepstakes contest for a chance to win $1,000 towards your college education!
April 30, 2008
After an appeal by the Students for Sensible Drug Policy (SSDP), an international grassroots network of students concerned about the impact drug abuse has had on communities, the court has once again rejected the claim that withholding federal student aid from drug offenders is unconstitutional.
According to the 1998 Higher Education Act, students who have been convicted for having, for the first time, used drugs are to be denied federal college funding, including free aid in the form of Pell Grants, from the government for one year. The length increases to two years for a second conviction and becomes permanent after the third. For those convicted of selling drugs, the punishment is a two-year federal aid loss or, for two offenses, the permanent withholding of federal aid.
The SSDPF has complained that the double jeopardy law, one which prevents an individual from being tried twice for the same offense, makes such procedures illegal. According to The Chronicle of Higher Education, Judge Kornmann disagreed with the claim stating that the law served legitimate federal interests by minimizing college drug use and preventing taxpayers from having to fund the education of drug users or sellers.
February 5, 2008
On February 4th, President Bush unveiled his much criticized national budget to a frustrated Congress. Members of both parties found fault with the president for his proposal to increase funding for the military at the expense of Medicare. According to the Los Angeles Times, President Bush’s proposal could slow the growth of Medicare programs by nearly $208 billion over the next five years.
The budget for the Department of Education, on the other hand, was received with mixed reviews. A firm advocate of scientific research, the president proposed that funds for physical-science research, much of which would go to colleges and universities, increase in the upcoming year.
While physical scientists cheered in one corner, medical researchers jeered in the other. Once again, The National Institute of Health (NIH), the primary government agency responsible for health-related research, was upset with the president's funding proposal.
After his decision to veto a bill that would increase NIH funding in November, the president's budget did not come as much of a surprise. Upon hearing last year's proposal, Bush claimed that Congress was, "acting like a teenager with a new credit card." Ironically, if Bush's budget is approved, skyrocketing national debt is expected. The current U.S. debt could more than double over the next two years if Congress chooses to accept the budget. More likely, the proposal will be stalled until President Bush leaves office.
February 15, 2008
Beginning in 2012, high school seniors attending schools in Allegany County, Maryland will have new graduation requirements--financial literacy classes. According to the Associated Press, these half-credit courses will teach students about maximizing earning potential, making the best of finances and maintaining good credit scores.
With college rates rising at rates that exceed inflation, students across the country are facing financial difficulties. The crises in mortgage and student loan industries have government officials scrambling to guard students against debt that could haunt them for years.
About two-thirds of undergraduate students borrow money for college and graduate with an average debt of $19,000. Student loans frequently outweigh a graduate’s earning potential, and many find themselves struggling just to make ends meet. What initially seems like a worthwhile investment frequently becomes an overwhelming burden for a growing number of students.
To avoid debt, students should educate themselves about their financial aid options. High school students can take advantage of the free college scholarship and grant information available to them at Scholarships.com. When conducting a college search, students should also keep in mind their current financial standing. If they cannot realistically afford their school of choice, runners-up should be considered.
Like students of Allegany County, those attending other high schools may be able to avoid student loans by completing a free college scholarship search. Regardless of GPA, athletic achievement or community involvement, students can find awards they may be eligible to receive.
Copyright © 1998 - 2013 Scholarships.com,
Scholarships.comTM All Rights Reserved
Scholarships.com, LLC, Publisher