April 21, 2008
Each year, the Henkel Corporation awards college scholarships to individuals who are literally stuck at prom. This contest encourages student creativity and expression by rewarding individuals for creating the most tapeworthy prom attire---attire made completely out of duck tape. Submitted photographs from eligible couples will be posted online and voted on by site visitors. Criteria will include workmanship, originality, use of colors, accessories and the quantity of duct tape used.
1. One $3,000 scholarship for each individual in the couple
2. One $2,000 scholarship for each individual in the couple
3. One $1,000 scholarship for each individual in the couple
1. Applicant must be attending a high school prom in the spring of 2008.
2. Applicant must be 14 years of age or older at the time of entry.
3. Applicant must be a legal resident of the US or Canada (excluding the Province of Quebec and Puerto Rico).
4. Applicant may not be an employee of the sponsor or their family member, nor may they live in the same household as an employee.
Wednesday, June 11, 2008
1. Photograph of the couple wearing a prom outfit made completely out of duct tape
2. The individuals’ first names, addresses, telephone numbers, email addresses, ages, grade levels and the name of the closest major city to their home towns
3. A liability, publicity release and consent form signed by each individual; if the applicant is a minor, parental permission is required
4. The high school name, address and telephone number, as well as the date the prom was held.
Further details about the application process and about contacting the scholarship provider can be found by conducting a free college scholarship search. Once the search is completed, students eligible for the award will find it in their scholarship list.
April 22, 2008
To alleviate the affects of the intensifying credit crunch, Sallie Mae has been lobbying for government assistance. In past months, student lenders have been struggling to find buyers for both their loans and their loan securities. Sallie Mae, the largest student lender in the business, has turned to the government for assistance, asking that the US Treasury assuage loan market tensions by purchasing their securities.
In yesterday’s PBS Nightly Business Report, specialty finance analyst Sameer Gokhale and student loan expert Tom Stanton weighed in on the potential effects of such a move. According to Sameer Gokhale, a quick infusion of cash from the Treasury would, “help all of those lenders and ultimately result in a smoother flow of capital back into the student loan system.”
Tom Stanton took a different approach claiming that federal intervention was not yet necessary. “In its last year as a government sponsored enterprise, Sallie Mae made something like 73 percent return on equity, a very generous return. There’s no need at this point to go back to the government and get support,” he stated.
Even if student lenders continue to drop out of the government’s FFEL program and assistance such as that requested by Sallie Mae is not offered by the Treasury, students will have federal student aid resources to rely on. A Department of Education lender of last resort measure wherein the government would act as a lender to students denied loans by other lenders would prevent financial catastrophe, but according to the Nightly Business Report Correspondent Stephanie Dhue, resorting to such a plan would be more time consuming than enhancing funds for the one already in place.
The lender of last resort is yet untested, and, although details are being addressed by Congress, setting up the new program could be painstaking for schools. However, with the Chronicle of Higher Education citing more than fifty FFEL student lender departures, the program may be put into action regardless.
April 25, 2008
Many intelligent, talented and hard-working students, ones who have the know-how and determination necessary to succeed at top universities, feel that finances are holding them back from the education they dream about. With the annual costs of Harvard estimated at $34,000, Duke $35,000 and Columbia $37,000, it’s no wonder that students shy away from just the though of prestigious schools. When one considers tuition, a troublesome economy and the weary prospects of student lenders, high school dreams become just that.
However, students are often unaware that many of the best financial aid packages are available to those who plan to attend the most impressive (and expensive) schools. Cream of the crop universities know that many cannot afford their high costs. To avoid missing out on a diverse student body—one that can contribute to academics and cultural perspective—they offer very generous financial aid packages. Elite schools often cut tuition by the thousands, if only students knew that.
If you have high hopes about attending an elite college or university, don’t give up before you start. Instead, become educated about your financial aid options. Check out university websites, conduct a free scholarship search and take a look at the hefty financial aid options below.
Stanford Financial Aid
In the ongoing Ivy League battle for the most promising students, Stanford has once again increased the size of undergraduate financial aid packages. Students whose parents make less than $60,000 will soon be attending the school for free—no tuition, no room and board, no additional expenses. Those whose parents make between $60,000 and $100,000 will have their tuition paid for but will be expected to cover other expenses. Unfortunately for those whose parents make more than that, tuition will increase this year.
Harvard Financial Aid
Like Stanford, Harvard has already eliminated contribution requirements for students whose household income is lower than $60,000 per year. But that's not all; they have also upped financial aid for to the less needy. Students whose parents make between $60,000 and $120,000 will be expected to pay no more than 10 percent of estimated college costs and those making between $120,000 and $180,000 will be expected to pay 10 percent.
Duke Merit Scholarships
Students who apply to Duke are automatically considered for one of Duke University’s Merit Scholarships. A number of awards are granted, and they can be quite generous. Students who are selected for the Angier B. Duke Memorial Scholarship, for example, can win full tuition for four years, a spot at a Duke/Oxford College summer program in England, a $2,500 stipend for expenses and a President Research Fellowship of up to $5,000.
Northwestern University Scholarships
Northwestern University gives away more than $50 million annually to helps undergraduate students meet the financial costs of this private university. All awards are based on financial need and funding availability. About 50 percent of students receive university aid packages which range in size from $250 to $33,000 (with $15,000 being the average).
University of Chicago College Honor Scholarship
Twenty undergraduate students attending the University of Chicago will be awarded the College Honor Scholarship—an award that covers full tuition for all four years. To be considered for this award, students should check the scholarship box upon filling out their college application. The awards are merit-based so students who have an exceptional academic record will be the ones rewarded.
April 28, 2008
Last year, we wrote an article about the Coca-Cola Scholars Program, a scholarship opportunity created to help college students afford an education. Unfortunately, the four-year scholarship program we concentrated on did not take into consideration the numerous deserving students who planned to attend a two-year program. With college costs rising at rates that outpace inflation, the number of students who choose to take the community college route is growing quickly.
Because many scholarship providers limit their awards to students who enter four-year programs, students who wish to enter two-year schools often feel their options limited. Luckily, Coca-Cola did not forget about these students. Since 2000, the Coca-Cola Two-Year College Scholarship Program has been helping students afford a community college education. Those interested in applying for this award should contact a financial aid representative at their college of choice for details specific to their school.
1. 350 scholarships of $1,000 each
1. Applicant must be a US citizen or permanent resident
2. Applicant must have a minimum 2.5 GPA
3. Applicant must be involved in the community as a volunteer or worker
4. Applicant must plan to enroll in at least two courses at a two-year college in the upcoming fall semester
5. Applicant must be pursuing an associates degree
6. Applicant may not be a child or grandchild of a Coca-Cola employee, officer or owner of a Coca-Cola bottling company, division or subsidiary.
May 31, 2008
1. An application asking for biographical, community service and employment information
April 29, 2008
Financial aid in the form of scholarships and grants is a student’s best bet when searching for college funding. Families who cannot pay for a student’s education without outside assistance should first turn to cost-free resources. When these prove insufficient, students can consider borrowing money for college.
With recent articles detailing the plights of indebted students and their troubled lenders, it’s no surprise that students are intimidated by the borrowing process. If one’s economic situation calls for assistance in the form of student loans, getting comfortable with the lending process is a good way to get rid of the loan jitters. So before you sign on the dotted lines, familiarize yourself with the following terms:
May 1, 2008
When doors to the new University of Central Florida College of Medicine open in 2009, they will open with a bang. In the hope of attracting the best and the brightest, medical practitioners and college representatives from the University of Central Florida have raised enough money to reimburse the first class for all four years of medical school. They will cover not only the tuition but also the fees and living expenses. With the Association of American Medical Colleges estimating the average debt of medical school graduates to be at about $139,000, the deal is sweet enough to cause a toothache.
“I think setting the bar high for the quality of the first class will set the stage for the caliber of every class that follows,” said Tavistock Group director and donor Rasesh Thakkar. Fundraisers have been in place since 2007 to make that happen. After tapping all possible resources, the school is expecting to admit a class of about 120 students which, based on a four-year plan, will receive a grant worth approximately $160,000.
Students interested in attending the school may begin applying in June of 2008. If accepted, they will automatically receive the award---no lengthy essay competitions, no laborious commitments, just money. “UCF stands for opportunity,” states the university website. When studies and internships leave little time for outside work, a full tuition scholarship is the epitome of such opportunity.
May 2, 2008
After passing the Senate and the House in varying formats, a compromise was reached on legislation that would help lenders stay afloat in a troublesome student loan market. The Ensuring Continued Access to Student Loans Act of 2008 was sent to the President yesterday, and rapid approval is expected.
If signed into law, the bill would give the Secretary of Education the right to buy loans from struggling lenders, thus providing them the capital needed to offer new student loans. Worried that lenders may continue to depart from the Federal Family Education Loan (FFEL) program—as fifty have already done—legislators have been scurrying to provide financial assistance before the school year begins. Though the law would only serve as a backup plan, the hope is that knowledge of a federal cushion would make both lenders and students more willing to engage in business.
To decrease student dependence on private lenders, ones generally offering loans options that are more expensive and less flexible than those offered by FFEL lenders, the maximum sum a student could borrow from the government was also increased. According to The Christian Science Monitor, the caps on unsubsidized loans available to students of any income level would increase by $2,000 for each school year. Dependent students would now be able to borrow up to $31,000 for their undergraduate education.
May 5, 2008
As a means of promoting diversity and developing talent, Scholarships.com has created a new set of scholarships for high school and undergraduate students. The “Fund Your Future” area of study scholarship consists of thirteen $1,000 awards to be granted to students who pursue a postsecondary education in one of thirteen designated fields and 185 related majors. Included is the Scholarships.com Business Scholarship, an award for students who plan to or are already majoring in business and related studies.
Scholarships.com understands that writing a 2,000 word paper on trickle-down economics can be a turnoff to students who lack both money and time. That’s why we’ve simplified things, and cut the requirements down to a 250 to 350 word scholarship essay. Students interested in applying for the award will have to submit an online response to the following question: "What has influenced your decision to pursue a career in business?"
1. Applicant must be a registered Scholarships.com user. Creating an account is simple and free of charge. 2. Applicant must be a US citizen 3. Applicant must be undergraduate student or a high school senior who plans to enroll in a college or university in the coming fall 4. Applicant must have indicated an interest in one of the following majors:
Business, Accounting, Actuarial Science, Business Administration, Advertising, Economics, Finance, International Business, Management, Marketing/Distribution, Hotel/Restaurant Management, Human Resources, International Affairs, Real Estate/Development, Sports Administration, Manufacturing, Engineering Management, Retail
A 250 to 350 word response to the following question: “What has influenced your decision to pursue a career in business?"
April 13, 2012
Most students begin to make decisions about what sort of financial investments they need to make after they graduate while they are still attending college. It’s not an easy decision – rather, it’s one that takes time and some level of research – but this short guide will help you get started.
You may have "made" a lot of money through economics projects where you "invested" in stocks but playing the stock market in real life is much different. With great risk, you can have a great payoff or a great loss and unlike your econ projects, investing requires real funding to make an initial investment, as a single share can be quite expensive depending on the stock. Research the stocks you are interested in and watch the market daily before investing any money. It sounds silly but the best starting point would be reading a book like "Stock Investing for Dummies."
If you’re wary about the stock market, a safer investment would be in a bank or credit union. Many banks do not have annual fees for college accounts but in the current economy, some financial institutions do not offer high interest rates for savings accounts, money markets or certificates of deposits (CDs). Credit unions often have higher interest rates and may charge annual fees but it depends on the institutions' individual policies. Here are the differences between these accounts:
Are you currently investing your money? If so, how?
Radha Jhatakia is a communications major at San Jose State University. She's a transfer student who had some ups and downs in school and many obstacles to face; these challenges – plus support from family, friends and cat – have only made Radha stronger and have given her the experience to help others with the same issues. In her spare time, she enjoys writing, reading, cooking, sewing and designing. A social butterfly, Radha hopes to work in public relations and marketing upon graduation.
October 9, 2012
For seniors in high school, it’s about that time to dive into your college applications. The process is rather involved and has the potential to become very stressful but here’s how you can go about it while retaining your sanity.
First, you likely already have a list of colleges you are considering but start narrowing down your top contenders. Look at the majors they offer and see if they have the programs you’re interested in. Check the cost – financial aid may play a key role in what college you attend – and also see if they have activities that interest you (a sport you want to play, a specific student organization, a Greek system, an honors program, etc.). What’s the on-campus housing situation and could you see yourself living in the dorms? Consider these questions and more when deciding whether or not to apply to a college.
Second, check all the application deadlines. Remember, besides the actual application, you must submit test scores, transcripts, recommendation letters and personal statements and you need adequate time to procure all of these items. Also, review the fees associated with each application; some schools let you apply for free or a discounted rate online but you should also consider requesting application fee waivers if money is tight.
Third, the personal statement is the biggest part of the college application because it represents your personality. You may have a high GPA, AP classes and extracurricular activities but so do many other students – what will set you apart from the rest of the application pool is how you present yourself in the personal statement. Have a teacher or parent review your personal statement and edit it for you before submitting it to your college of choice.
Fourth – and although this is fourth on this list, you still want to get it done early – request recommendation letters. Ask teachers you’ve worked with and trust well in advance if they can write on your behalf. Have two or three for each college that requires one. Along with your personal information/resume/school involvement list, give the teacher an envelope that is stamped and addressed to the college(s) to which you’re applying so they can submit their letters directly.
Last but not least, take all your tests on time. If you haven’t taken the ACT, SAT or SAT II tests, register for the next available date; check which tests your colleges require and sign up for those ASAP!
Copyright © 1998 - 2013 Scholarships.com,
Scholarships.comTM All Rights Reserved
Scholarships.com, LLC, Publisher