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SOTW: $2,000 No Essay College Scholarship

College Prowler is Accepting Entries Through May 31st

May 14, 2012

SOTW: $2,000 No Essay College Scholarship

by Suada Kolovic

Winning money for college is great but doing so without having to meet astronomical word counts and double-digit page requirements is even better. Lucky for you, the folks at College Prowler couldn’t agree more and have launched the $2,000 No Essay Scholarship.

The scholarship is open to all students and those planning on enrolling within 12 months. The monthly winner will be determined by random drawing and then contacted directly and announced on their Facebook page. One entry per person, but you can come back each month to try again. To apply, please visit College Prowler or complete a free scholarship search to find additional opportunities.


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Multiple Law Schools Could Face Litigation Over Job Placement Rates

by Suada Kolovic

With the cost of a college education rising relentlessly and our economy still downturned, students are faced with a tragic catch-22: either become saddled with overwhelming debt or forgo a college education and limit your career possibilities. But are those the only options? What if students could prosecute their alma maters because they were misled by high job placement rates? Well if you pursued law school, chances are your college will soon be in the midst of a similar situation.

According to reports, 20 more law schools have found themselves under fire regarding allegedly deceptive job placement rates. The eight firms held a news conference announcing that they were seeking to file class action lawsuits and predicted that “nearly every law school in the country” would soon face litigation. With the team promising to sue 20 to 25 schools every few months, several law schools have already started revising their employment data – data that reflects much lower percentages of students securing full-time positions and reveal that salary statistics were based on a small percentage of students who voluntarily reported their incomes. David Anziska, one of the lead lawyers, said the team hopes that the law schools would eventually enter into a “global settlement” under pressure from the courts, regulators and legislators.

What do you think of the lawsuit? Is it fair to target law schools during these trying economic times when almost all college graduates, regardless of their majors, are struggling to find employment? Let us know in the comments section.


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Fastest Growing Jobs for College Grads

by Suada Kolovic

Today is National Decision Day for college applicants and while determining where you’ll be headed in the fall is huge, knowing what you’ll be studying once you get there is just as imperative. With the economy the way it is, pursuing a growing job field would be ideal. With that in mind, check out some of the fastest growing jobs in America below:

Would you consider pursing any of the positions listed above? Will the current labor market impact your decision on what you’ll major in? Let us know in the comments section.


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Win $5K in this Scholarship of the Week!

This SOTW is Accepting Entries Through July 1st

April 30, 2012

Win $5K in this Scholarship of the Week!

by Suada Kolovic

In this scholarship of the week, Intellectual Property Owners Education Foundation wants you to consider the role patents play in the invention cycle? What would the world be like without the patent system? Then create an original video that conveys why you think the patent system is important for a chance to win a cash prize or scholarship. Your video should be creative and concise. Intellectual Property Owners Education Foundation is devoted to promoting intellectual property rights, so please do not use copyrighted material in your video. Submit your video along with the required supporting materials by July 1st for a chance to win!

For more on this scholarship and other scholarship opportunities, conduct a free scholarship search today!


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Get Rewarded for Being Thrifty in this SOTW

by Suada Kolovic

Brad's Deals is pleased to announce the Shop Smart Scholarship Competition to recognize, encourage and reward students whose college experience is enabled by remarkable frugality, ingenuity, effort and thrift. Five finalists will receive $2,000 scholarships for the upcoming academic year.

To be eligible for this award, students must do the following:

Essays will be judged on the creativity of the money saving strategies described, along with the overall remarkableness of the author’s experience paying for school in the spirit of thrift. For more on this scholarship and other scholarship opportunities, conduct a free scholarship search today!


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Congress Plans to Double Stafford Loan Interest Rates

by Suada Kolovic

Recent reports suggest that student loan debt has surpassed credit card debt for the first time and will reach $1 trillion this year. The average college student leaves owing $25,000 in loans, putting them at risk of having to significantly delay moving on to different life stages such as buying a house, getting married and even having children. Curious as to how the government has responded in aiding and relieving students of insurmountable debt? By possibly doubling the interest rate of the most popular federally subsidized loans, of course.

On Tuesday, college students delivered more than 130,000 letters to congressional leaders at the Capitol to protest the increase. Unless Congress takes action, the interest rate on subsidized Stafford loans is set to double from 3.4 percent to 6.8 percent on July 1, increasing the average debt by $2,800 for more than 7 million students receiving the loans, according to a spokesman for the Democratic members of the House Committee on Education & the Workforce. Why is Congress considering the increase when so many students are already in debt? In 2007, Congress voted to cut the Stafford interest rate, which in turn cost an estimated $7.2 billion from 2007 to 2012 and, according to the Congressional Budget Office, that burden was shouldered almost entirely by lenders and loan-guarantee agencies. "We all want to promote efforts that will reduce college costs, but the era of empty promises has to end," said John P. Kline Jr., a Republican from Minnesota who is the committee's chairman. "The interest rate hike students face is the result of a ticking time bomb set by Democrats five years ago," Mr. Kline said. "Simply calling for more of the same is a disservice to students and taxpayers." (For more on this story, click here.)

Soon-to-be college graduates, do you fear crippling student loan debt? What steps are you taking to prevent becoming a statistic?


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Friendship Pays Off in this Scholarship of the Week

The Scholarships.com "Tell a Friend" $1,000 Sweepstakes Deadline is 3/31

February 27, 2012

Friendship Pays Off in this Scholarship of the Week

by Suada Kolovic

As a Scholarships.com member, you have free access to a customized scholarship search, detailed financial aid information, an organized college search, standardized test study guides and more. Like what you see? Spread the word about Scholarships.com to your friends through our “Tell A Friend” Scholarship and you'll have a chance to win money for college - $1,000 for you and $500 for one of your buddies! Just enter your email and password to obtain a personalized referral link. Then take that link and blog it, tweet it, email it, IM it or Facebook it and for every one of your friends who creates a profile on our site by clicking your link, you will be entered to win a $1,000 award. There’s no limit as to how many people you can send your link to and if you win, one of your friends will be chosen at random to win $500.

Remember, the more friends you refer, the more entries you’ll get until the March 31st deadline. For more information, visit our Tell A Friend page and for additional scholarship opportunities, conduct a free scholarship search.


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Private College Group Lists Steps Toward Enhancing Affordability

by Suada Kolovic

With a growing number of students questioning whether the cost of a college education has grown too high to be justified, the reality of students selecting non-traditional paths has finally garnered a response from colleges: According to a list published by the National Association of Independent Colleges and Universities, private nonprofit colleges and universities are unveiling lots of affordability measures in the coming academic year including tuition cuts, freezes and guarantees, three-year degree programs, four-year graduation pledges, curricular changes to help students graduate on time, partnerships with community colleges, lower tuition increases and scholarship assistance. Check out some of the highlights below (and to see the full list, click here):

Baylor University - Waco, TX: In the upcoming academic year, Baylor will begin the pilot phase of the new Baylor at MCC Co-Enrollment Program with McLennan Community College. Students in the program will attend the first year or two at MCC then move on to graduate from Baylor.

Roosevelt University - Chicago, IL: Beginning this fall, Roosevelt and nearby community colleges will offer students the opportunity to complete associate degrees and matriculate to Roosevelt at a frozen tuition price point across four years.

Simmons College - Boston, MA: Simmons will start offering 3+1 programs this fall that will allow students to receive both bachelor's and master's degrees in just four years.

University of Pennsylvania - Philadelphia, PA: UPenn is increasing total undergraduate charges by 3.9 percent for 2012-13, the second lowest increase in 44 years. The school is also increasing its financial aid budget by 7.7 percent over 2011-12.

Wentworth Institute of Technology - Boston, MA: Wentworth will debut its first three-year baccalaureate degree program this fall.

The list will be updated regularly as more 2012-13 campus measures are announced, NAICU said. Does this information have you reevaluating your college and financial choices?


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10 Most Expensive Public Schools for Out-of-State Students

by Suada Kolovic

For the budget-conscious high school senior, it seems like a no-brainer to apply to the local state school for the best shot at affordable tuition. But with the economy in a slump and funding cuts becoming the norm, public universities across the country are more interested in recruiting out-of-state students. Why? It’s pretty simple: On average, tuition and fees for students crossing state lines is more than double that of their in-state peers. So if you have your sights set on schools beyond your state’s boundaries, check out the 10 most expensive public schools for out-of-state students (figures do not including room and board, books and other miscellaneous costs):

  1. University of Michigan – Ann Arbor: $37, 265
  2. University of Virginia: $36,570
  3. University of California – Irvine: $35,780
  4. University of California – Davis: $35,672
  5. College of William and Mary (VA): $35, 409
  6. University of California – Santa Barbara: $35,386
  7. University of California – Santa Cruz: $35,211
  8. University of California – San Diego: $35,006
  9. University of California – Riverside: $34,729
  10. University of California – Berkeley: $34,645

Did your prospective college make the list and does this information alter your interest in the school? Is it fair for colleges facing financial woes to place the burden on the shoulders of incoming out-of-state students?


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Excelsior College Rolls Out $10,000 Bachelor’s Degree Program

by Suada Kolovic

With spring just around the corner, high school seniors across the country are anxiously awaiting word from colleges they’ve applied to. And while getting into your top choice school is all well and good, figuring out how you’re going to pay for it is pretty scary. If the cost of your college education is keeping you up at night, you might want to consider Excelsior College. Why? They just rolled out a program that guarantees a bachelor’s degree for $10,000!

This may seem like the opportunity of a lifetime but there are limitations to the price-guaranteed program. Students only have the option to earn a bachelor’s degree in the following areas: BA in Liberal Studies with an area of focus in Psychology or Sociology; BS in Liberal Studies with areas of focus in Administrative/Management Studies or Health Professional; and BS in Liberal Studies in Psychology or Sociology. If you’re interest, here’s how it works: Excelsior specializes in credit-by-examination, meaning that students may earn credit through a single comprehensive exam. In the past, students would have had to pay $370 per credit, which put an Excelsior degree at about $20,000. Not anymore! The new program has the faculty matching each end-of-course exam to one or more free online courses. "Excelsior has been a pioneer in credit by examination for more than 40 years," said Dr. John Ebersole, Excelsior’s president. "What makes this program truly innovative is its use of open education resources as a key source of study material for students. Not only do these free resources help keep student expenses down, they engage students in learning subject matter from some of the world’s leading colleges and universities." (For more on the story, click here.)

Would you consider applying to Excelsior? Are you a tad apprehensive about the academic merits of a self-guided curriculum? Let us know what you think in the comments section.


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