April 18, 2008
On Thursday, the US House of Representatives passed a bill aimed at halting the mass leave of student lenders from the federal loan program. According to The Chronicle of Higher Education, more than 50 lenders have left the Federal Family Education Loan (FFEL) Program to date. The growing departure has left families fearing that students will have no one to turn to for financial assistance once their Pell Grants and savings run dry.
To lessen the plight of FFEL lenders and students who depend on them for financial assistance, the bill would allow the Secretary of Education to purchase loans student lenders were not able to sell to investors. By pouring money into the loan market, the Department of Education would enable student lenders to use their capital for issuing new loans rather than paying out the original ones.
The new bill also addressed the lender of last resort, an emergency plan wherein guaranty agencies would be forced to lend money to students who were turned away by other lenders. Under the new plan, the Department of Education would have permission to advance funding to the agencies if need should arise.
To make the transition from the FFEL to the lender of last resort loan program easier on students, loans would be petitioned for on a college by college basis rather than a student by student one. Based on previous outlines of the untested program, students in need of a lender of last resort loan would have had to seek permission from the Department of Education and prove that at least two lenders had turned them down before receiving money.
A bill similar to the House version was introduced but not yet addressed by the Senate. Before the ideas are implemented, both the House and the Senate will have to iron out differences and send the final version to the president for approval.
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.
June 17, 2008
The government recognizes the dire financial circumstances of numerous undergraduate students, and slowly, steps are being taken to change things for the better. Three new federal grants have been created within the past two years, the maximum Pell Grant award has risen and interest rates on undergraduate Federal Stafford Loans will begin their gradual descent this fall. But…where does that leave graduate school students?
According the Council of Graduate Schools, the number of students seeking master’s and doctoral degrees is expected to rise by 12% between 2006 and 2014, and many of these students will need financial aid. While certain aid does not apply to graduate school students, plenty of assistance is available to those who know where to look. Here are just a few options:
Federal Aid Unfortunately, graduate school students are not eligible to receive federal grants, but federal aid in the form of federal work study and low-rate student loans (Stafford and PLUS) are still an option. And while the recently passed College Cost Reduction and Access Act will not lower loan interest rates for graduate school students, those who borrowed before July 1, 2006 will see a substantial drop in their bill. Variable interest rates on federal loans will decrease from 7.22%to 4.21 % this year.
Scholarships and Grants Numerous scholarships and non-federal grants are not just available to graduate school students, they are restricted to them. Companies and organizations frequently offer aid to graduate school students who display an interest in work that aligns with their goals. After all, these scholars can be the future innovators of their industry. To find scholarships you may be eligible to receive based on your year in school or major of interest, try conducting a free college scholarship search.
Employer Assistance Students who commit to working for a certain employer may be lucky enough to receive full or partial compensation for an additional degree. This is often the case with hospital staff, educators and employees who could help their companies profit through new skills and certifications.
July 8, 2008
As if the application process was not enough, the ACT, SAT, GRE etc. not sufficiently stressful, some students must also worry about acing a college interview. Those who wish to enroll in certain undergraduate or graduate school programs may find that the interview is simply unavoidable. Because interviews cannot be proofread by an older sibling, students can use the following pointers to prepare themselves for the big day.
Location is Key. Before moving on to the content, finalize the basics. Confirm the address and time of the interview, and plan out the best way to reach your location. If possible, visit the meeting place beforehand. If not, at least arrive early. Realizing that the campus layout is confusing, the buildings ambiguously marked and the office hidden in a building labyrinth is not the optimal start to your interview. You need to arrive (outwardly) calm, (seemingly) confident and obviously on time.
Do Your Homework. Interviewers want to hear the following: you want to attend this school; you have a clear, original reason for wanting to pursue your degree, and you’re mature and ready to benefit their institution (as a current student and accomplished graduate). Be prepared to convince them of the aforementioned. Browse the school website, and be prepared to drop some names, numbers or facts. For example, let the interviewer know how the department’s A to B student teacher ratio was impressive, exactly what you had hoped to find, and how very much you would like to help professors C, D or E with their latest research project—it perfectly aligns with your career interests.
Leave a Lasting Impression. Having worked in an admission’s department and attended a board meeting where professors decided the future of incoming (or not incoming) students, I was surprised to see how seriously the interview process was taken. Yes, the board reviewed and heavily emphasized a student's course experience and GPA—over sub sandwiches—but it also paid attention to a student's presentation. Professors remarked about dress code, about how carefully a student considered his or her career goals and about formality. From this I learned that you should dress to impress; prepare specific, original details about current and future goals, and express how important your interview and goals are to you.
July 19, 2011
In life, keeping things in order, having a set schedule and planning ahead will truly save you time and keep you on track. In college, staying organized is even more important.
When making your shopping list for college, put a planner at the top. I have been using one since I was in elementary school and it has always helped me stay on top of my stuff. It came in handy most in college, though, and helped me to stay organized from the very beginning. The best kind to buy is one that has slots for individual days as well as a monthly calendar. This will allow you to keep track of all your classes, assignments, meetings, work schedules, extracurriculars and will prevent you from forgetting about something important. As soon as you get an assignment, write it down and remember to check your planner every day. You will have far fewer scheduling conflicts and will become adept at managing your time and keeping a healthy balance between work and play. You can also incorporate Post-its to keep track of tentative times and dates while keeping your schedule looking neat.
There are also other tools you can use like Microsoft Outlook or Google Calendar, which help sync media from different sources to keep track of all appointments. If you have a cell phone – and these days, who doesn’t? – use its alarm feature and tack a calendar up on your bulletin board as a backup (maybe even share it with your roommate and color coordinate your to-dos). Whatever your choice, make sure it’s something you are comfortable using and will remember to continuously check so that you don’t forget anything.
By staying organized all throughout college, you’ll be well-prepared to enter graduate school or the job market. College professors and potential employers appreciate organization: You will be a perfect TA candidate or employee if your superiors know they can depend on you. Be smart, be organized, be successful. It’s as simple as that!
Radha Jhatakia is a communications major who will be transferring to San Jose State University this fall. She’s 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.
December 11, 2008
If you're thinking of heading off to a community college next year to either pick up an associate's degree or save some money on your core credits for a bachelor's degree, expect company. Similarly, if you're planning to attend a for-profit career college to up your chances of landing a decent job, you are definitely not alone. During recessions, people typically flock to college, often choosing cheaper or quicker degree programs to help them get on their feet and be more competitive on the workforce. Enrollment is up at career colleges and community colleges are expecting a similar increase. While reduced state higher education funding and continued troubles in the private loan market are causing some problems at two-year and career colleges, both types of schools are expecting major increases in enrollment as more Americans deal with fallout from the faltering economy. If you're heading off to college in 2009, you definitely want to take all of this into account. Apply early for admission and financial aid, and register early for classes. Several community colleges are also instituting programs to fill empty seats in classrooms with unemployed students, so if you typically wait until almost the start of the term to register for classes, you may have more trouble finding a seat than you have in the past. While students enrolled in online degree universities won't have to compete for physical space, they may still notice some effects of increased enrollment. With state universities and community colleges facing budget cuts and increased enrollment, you may face more competition for fewer resources as everyone searches for ways to save money. One group of students may actually see less competition, though. The number of students taking the Graduate Record Exam (GRE) this year is down, suggesting that fewer students may be planning to apply for graduate programs. Typically, like community college and career college applications, graduate school applications go up during recessions. However, while MBA applications are up this year, many programs that require the GRE may see fewer prospective graduate students. The effects of the credit crunch on student loans, the uncertainty of the economy and employment prospects, and the desire not to lose a source of income were all listed as possible reasons for this decrease in an article in Inside Higher Ed.
December 15, 2008
For many college students, finals week is under way. Even students who aren't currently worried about cranking out dozens of pages of college essays or cramming for comprehensive exams are probably facing a homework crunch during the time leading up to winter break. So chances are a 2,500 word scholarship essay is the last thing you want to think about right now. However, if you're a talented writer who is interested in community development and international affairs, you might want to squeeze this week's Scholarship of the Week into your schedule.
Hands Along the Nile Development Services has announced its scholarship essay contest for 2009, with a top prize of $5,000. Full-time undergraduate or graduate students, as well as high school seniors, are invited to participate. Essays should address the following question: "How is community development in the Middle East important to the United States? Why is it particularly crucial to focus on Egypt?" If this is a topic of interest to you, the upcoming break is a perfect time to start researching and writing. If nothing else, writing this essay might make you feel better about all the studying you have to do right now--after all, there are much bigger challenges in the world than passing that chemistry final.
July 4, 2009
A response of no more than 2,500 words to this year's essay prompt. Essays must be formatted according to the HANDS essay contest rules, which can be found on the contest website. Essays and verification of enrollment must be submitted on paper.
Further details about the application process can be found by conducting a free college scholarship search on Scholarships.com. Once the search is completed, students eligible for this scholarship award will find it in their search results.
December 22, 2008
Barack Obama's victory in the November election is regarded by many as a historic event. Whether or not they voted for him, a large number of people feel personally affected by his election as President. If you have something to say about the importance of this event and what the next four years might bring, expressing your opinion could net you $1000 in scholarship money through this week's Scholarship of the Week, an essay contest sponsored by NLS Publishing.
The Students for Change Essay Writing Contest is seeking scholarship essays of 1000-2000 words that describe, "what the election of Barack Obama, the first African-American President, means to you and your family."
Three $1000 scholarship awards
High school seniors, graduate students, and undergraduate students may apply. Applicants must be attending college full-time at an accredited United States college or university, or must be planning to enroll full-time in the fall of 2009.
January 20, 2009
A typed, double-spaced essay answering the prompt, accompanied by a contest entry form. Essays may be submitted via a variety of methods.
January 26, 2009
This week's Scholarship of the Week is one of many scholarship opportunities available to students engaged in community service activities that help make the world a better place. Hunger remains a serious issue in America, especially in times of economic trouble, and the Sodexo Foundation is interested in rewarding students who are engaged in continuing efforts to make difference in this area. Through the Sodexo Foundation STOP Hunger Scholarship, students have the opportunity to not only win $5,000 in scholarship money, but to also earn a $5,000 grant for the anti-hunger charity to which they've dedicated their time.
Prize: Up to five national scholarship winners will receive a $5,000 college scholarship and a $5,000 grant given in their name to a local charity of their choice. Regional winners will receive a $1,000 grant for a local charity of their choice.
Eligibility: Students of any level, kindergarteners through graduate students, currently enrolled in accredited educational institution in the United States are encouraged to apply. To qualify, applicants must have engaged in a volunteer program combating hunger in the United States in the last 12 months.
Deadline: February 27, 2009
Required Material: Complete an online scholarship application, found on the STOP Hunger scholarship website, by February 27 and obtain a Community Service Recommendation, which must be submitted online by March 6.
July 20, 2009
Are you an graphic designer and t-shirt aficionado? Do you dream of one day having people across the world wearing something you created? Maybe you just really liked the screenprinting unit in high school art class. If you've ever seen someone wearing a cool t-shirt and thought to yourself, "I could make something like that," this week's Scholarship of the Week is for you.
The Threadless Scholarship gives college students a chance to not only see their t-shirt designs printed and distributed internationally, but to also win a $3,000 design scholarship. The best part? Winners are chosen weekly, so you have multiple chances at winning scholarships.
Prize: A $3,000 college scholarship plus a $500 Threadless gift certificate (or $200 in cash) and the chance to compete for other cash awards of up to $20,000.
Eligibility: Any undergraduate or graduate student currently enrolled at least part-time or pending enrollment in a college or university. This scholarship contest is open to students in the United States and other countries, regardless of major, GPA, or test scores.
Required Material: Register as an artist on the Threadless website and submit a t-shirt design. If your design is chosen for print, you can elect to receive a $3,000 scholarship in place of a $2,000 cash award. Artists can submit multiple t-shirt designs and will receive an award for each shirt that is printed.
Copyright © 1998 - 2013 Scholarships.com,
Scholarships.comTM All Rights Reserved
Scholarships.com, LLC, Publisher