Scholarship News

What Ever Happened to No Takesy Backsies?


April 6, 2011
by Suada Kolovic
If you’re a high school senior and have received your financial aid package from your dream school, listen up: Congress may cut the Pell Grant program’s budget this year and colleges may have to roll back a portion of the financial-aid offers they made to students for the coming academic year. Translation: You may receive a smaller financial-aid package than was originally offered.

If you’re a high school senior and have received your financial aid package from your dream school, listen up: Congress may cut the Pell Grant program’s budget this year and colleges may have to roll back a portion of the financial-aid offers they made to students for the coming academic year. Translation: You may receive a smaller financial-aid package than was originally offered.

ADVERTISEMENT

According to the Chronicle, both parties acknowledge that some type of restructuring will be necessary to put the program on sound financial footing, but lawmakers disagree on the size and scope of the cuts. Some proposals suggest lowering the maximum award, ending the year-round program and changing the income requirements in order to reduce the number of people eligible for the grants.

At a news conference held by the U.S. Public Interest Research Group, a college administrator and student advocates agree that cuts in award levels this late in the admissions process would be particularly hurtful to the low-income families the program serves. "Families with the most unsteady income, or who don't have much financial flexibility ... need the most time to thoroughly plan out their expenses," said Misty Whelan, a Pennsylvania high school counselor. With most decision deadlines around the corner – May 1 at many colleges – how do you feel knowing these cuts could potentially dictate where you go? Do you think it’s fair for colleges to backtrack on their offers? What ever happened to no takesy backsies?

Connect with our massive database of millions of college scholarships by conducting a free scholarship search at Scholarships.com. Scholarships.com offers the simplest way to search for, apply to, and win college scholarships.

ADVERTISEMENT

Discuss

Share your thoughts and perhaps thousands of students will benefit from your unique insight on the subject!



If you can read this, don't touch the following fields


 
ADVERTISEMENT
ADVERTISEMENT

        Fall is here, and so are the deadlines for these amazing October scholarships. There are over 100 scholarships due in October, but we picked out our favorite choices and the ones we think will appeal to the most students. Don't miss the full list of October
        college scholarships.

The Best Scholarships for October

September 28, 2022
by Ashley Eneriz
Fall is here, and so are the deadlines for these amazing October scholarships. There are over 100 scholarships due in October, but we picked out our favorite choices and the ones we think
More women than ever are pursuing science, technology, engineering, or mathematics (STEM) career fields. To help motivate and continue the growth of gender diversity in these fields, substantial STEM scholarships for women are available each year. These STEM scholarships can fund thousands of dollars for your college dreams and help your resume stand out.

Women in STEM Scholarships

September 7, 2022
by Ashley Eneriz
More women than ever are pursuing science, technology, engineering, or mathematics (STEM) career fields. To help motivate and continue the growth of gender diversity in these fields, substantial STEM
Scholarships are not just for high school seniors, so don't stop applying for award money once you graduate. There are scholarships for college students for each year of college. Apply for scholarships and grants continually through your college career because every bit of money helps.

Top Scholarships for College Students in 2022

August 31, 2022
by Ashley Eneriz
Scholarships are not just for high school seniors, so don't stop applying for award money once you graduate. There are scholarships for college students for each year of college. Apply for
Don’t miss these amazing scholarship opportunities that are due this September. We picked upcoming scholarships that apply to a wide range of students, but this is just a sample of the huge list of September scholarships. Check out the full list to find scholarships due this month that are tailored to your location and unique personality.

The Best Scholarships Happening This September

August 24, 2022
by Ashley Eneriz
Don’t miss these amazing scholarship opportunities that are due this September. We picked upcoming scholarships that apply to a wide range of students, but this is just a sample of the huge list of
College is just around the corner, but you still have plenty of time to win scholarships for high school seniors. Now is the best time to start applying because it is your last chance to qualify for awards available only to high school students. Scholarships are one of the best ways to pay for college because you don’t have to pay them back.

Top Scholarships for High School Seniors Graduating 2023

August 17, 2022
by Ashley Eneriz
College is just around the corner, but you still have plenty of time to win scholarships for high school seniors. Now is the best time to start applying because it is your last chance to qualify for
College is a big commitment and burnout is easy if you don’t pace yourself. That said, taking a semester off is a normal thing to do while pursuing your degree. Whether you need a quick break for personal reasons or exciting opportunities, like a once-in-a-lifetime trip or work experience, here’s what you need to know about your scholarship money before taking time off.

Will Taking a Semester Off Hurt My Scholarship Money?

August 5, 2022
by Ashley Eneriz
College is a big commitment and burnout is easy if you don’t pace yourself. That said, taking a semester off is a normal thing to do while pursuing your degree. Whether you need a quick break for
The Free Application for Federal Student Aid — more commonly known as FAFSA is the key to funding your college education. Not only can the FAFSA connect you to grants, scholarships, and work-study opportunities, but filling out the form is 
also the first step to applying for federal student loans. Even though filling out the FAFSA is simple and straightforward, several misconceptions still fly around it. Here are the top FAFSA myths you need to stop believing.

FAFSA Myths You Need to Stop Falling For

July 26, 2022
by Ashley Eneriz
The Free Application for Federal Student Aid — more commonly known as FAFSA is the key to funding your college education. Not only can the FAFSA connect you to grants, scholarships, and work-study
The new semester is just around the corner, which means it is time to start thinking about how you are going to afford the new school session. Student loans can be taken out any time of the year and are useful for paying for textbooks, special classes or summer terms and additional living expenses. Choosing the right student loan can help you reach your education and career goals while still keeping your finances balanced. Here’s what to look for before you take out a student loan this summer.

Which Student Loan Is Best for Me?

June 13, 2022
by Ashley Eneriz
The new semester is just around the corner, which means it is time to start thinking about how you are going to afford the new school session. Student loans can be taken out any time of the year and
As we celebrate Asian Pacific American Heritage Month, we reflect on the enormous contributions of Asian Americans and share their culturally rich history. Asian Americans and Pacific Islanders make up the fastest-growing racial group in the United States, with more than 23 million it total. However, API individuals, communities, and businesses have been disproportionately impacted by discrimination and criminal acts that have only been exacerbated by the pandemic in recent years. Now more than ever, we need to stand united as Americans against anti-Asian racism.

Asian Pacific American Heritage Month 2022 Scholarships

May 25, 2022
by Liz Montenegro
As we celebrate Asian Pacific American Heritage Month, we reflect on the enormous contributions of Asian Americans and share their culturally rich history. Asian Americans and Pacific Islanders make