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Scholarships for the Unemployed

August 20, 2009

by Scholarships.com Staff

Over the course of the last year, a number of colleges and universities have begun to offer scholarship opportunities for people who have found themselves out of work and in need of further education or job training. Yesterday, U.S. News profiled several newer community college programs, including several full-tuition scholarships, but even more awards are out there. Here's a run-down of some of the scholarships for displaced workers that we've found.

Community College Scholarships: Scholarships for recently unemployed students offered by community colleges are the most common. Colleges in several states are offering free tuition for one to two semesters, or even more, for displaced workers. Some, such as Oakton Community College in Illinois and the Community College of Allegheny County in Pennsylvania stipulate certain degree or certificate programs for their tuition benefits, and others, like several community colleges in New Jersey, will allow students to enroll in any course with empty seats. Others are offering partial tuition discounts, such as Anoka-Ramsey Community College in Minnesota. Michigan has launched a state-wide No Worker Left Behind program, which provides up to two years of free tuition for unemployed and underemployed workers at state community colleges. Students can also apply the credits towards an undergraduate degree at a state college or university. To qualify, students must be pursuing degrees that will lead to employment in high-demand occupations.

Undergraduate Scholarships: This summer, DeVry began offering scholarships to students who have enrolled at one of the seven schools owned by DeVry and who have lost their jobs in the last 12 months. As one example, the Employment Gap Scholarship gives students $1,000 per semester towards their tuition at DeVry. Many other four-year schools have also launched generous aid programs, or even offered full-tuition scholarships, for new and returning students who are facing economic difficulties. A number of these scholarships and grants may be available to displaced workers, especially if you now qualify for a Federal Pell Grant after losing your job. Scholarships for adult students are also worth looking into. While only a few are specifically for the recently unemployed, several are designed to generously aid adults who are enrolling in undergraduate programs.

Graduate Scholarships: In addition to offering free career center services, several universities are also aiding their alumni through tuition discounts on graduate programs and additional certification and training. Manchester College in Indiana will allow students who fail to find a job or a graduate program within six months of graduation a year of free coursework. Similarly, St. John's University in New York allows laid off alumni to attend its graduate programs for half price.

Government Benefits: Recently, the Obama administration began a national push for states to grant full unemployment benefits to recipients who choose to enroll in a college degree program, as incentive for unemployed workers to attend college. Additionally, financial aid adminstrators have been instructed to use greater lattitude in dealing with financial aid appeals from students who have lost their jobs, which could result in more federal grant money for returning students.

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Business Student Lists Piece of His Future on eBay

August 21, 2009

by Scholarships.com Staff

The rise of the online auction service eBay has prompted people to attempt to sell just about anything they can affix a price to. So while it's not surprising to find some pretty out there listings from time to time, it's still not every day you see a student auctioning off a stake in his future.

A college student in Georgia attempted this week to fund the last 18 credits of his Master of Business Administration degree through an unusual source: selling a share of his potential earnings on eBay. The student, Terrance Wyatt of Clark Atlanta University, has been paying for college with financial aid for the last six years, but according to his eBay listing, he found himself $10,000 short of his funding needs this year.

So, being a business graduate student, he began looking for a way out of this financial quandary by marketing himself and seeking investors in his future. While his listing has been removed (eBay frowns on the selling of intangibles or the use of the site for fundraising), Maureen Downey's Get Schooled blog for the Atlanta Journal-Constitution has the partial text of the ad, as well as more information about the student.

While eBay may not have been the best venue for Wyatt's ad, his idea of seeking investors in his future is not so far-fetched. Recently, a number of peer-to-peer lending sites have launched, allowing students and individuals to arrange for anything from straightforward student loans to buying shares in a student's future success. These alternatives to alternative loans are still operating on a small scale and relatively unknown, but students like Wyatt may find the funding they need through such programs.

There are also scholarship opportunities for MBA students, and really anyone who has come up a bit short on financial aid.  Business school scholarships and scholarships for graduate students could easily bridge the gap for students who need more money and want to avoid student loan debt. Depending on your school and your program, you could even land a fellowship or assistantship that could fund your graduate education.

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New Scholarship for Alabama Transfer Students

August 27, 2009

by Scholarships.com Staff

Attending community college is a great way to save money on the first two years of higher education, but for many students, paying for school after they transfer to a four-year college or university can still be difficult. Now, transfer students in Alabama will get help with their last two years of school, thanks to a new state scholarship.

Alabama has launched a new scholarship program for graduates of the state's two-year community and technical colleges that will allow them to receive a bachelor's degree for free. Alabama State University and Alabama A&M will each award 250 two-year full-tuition scholarships starting this fall, with the number of available scholarship awards to double to 500 apiece next year.

Initial funding for the scholarship program comes from the state's Education Trust Fund, and is part of the settlement in the 28-year-old Knight v. Alabama segregation lawsuit.  Knight, the lead plaintiff in the suit, is now a state representative and vows to do what he can to ensure continued funding for the program as long as he's serving in the state legislature.

Initially, 50 students have been awarded the scholarship, but the state is working to identify more eligible students. Students in Alabama who are planning to attend a community college then transfer to one of these two state schools will want to keep this scholarship in mind. Other local, state, and national awards are also available to students who are attending community college and planning to transfer to a four-year college or university.  More information on these and other scholarship opportunities can be found by conducting a free college scholarship search.

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College Student Saves on Rent by Building Makeshift Cabin

August 28, 2009

by Scholarships.com Staff

The idea of the broke college student is a well-worn cliché, conjuring up images of extreme money-saving measures.

Thrift store clothing, Dumpster-dived furniture, and dinner from the manager's special aisle or the 99 cent store are all stereotypical trappings of the budget-conscious college student. One student in New York recently managed to come up with a creative and envelope-pushing way to save money, however. Brian Borncamp, a senior at the University at Buffalo's North Campus in Amherst, New York, recently decided to save money on housing by building himself a cabin in the woods near campus.

After months of sleeping in stairwells, Borncamp was 80 percent finished with his cabin when university officials persuaded him to give up the effort and make alternate housing arrangements, according to The Buffalo News. The student had compared himself to a modern-day Thoreau with his decision to live in the woods, but claimed his decision was initially motivated by financial concerns. He realized in May that he was unable to pay for school and pay rent, and thus decided to live outdoors.

Once he began construction on an 8' by 10' cabin, the university intervened, offering him temporary housing, a campus job, counseling, and other assistance, according to a statement issued by UB's Vice President for Student Affairs. Borncamp initially refused, prefering to go it alone, but announced this week that he'd made other arrangements and would be vacating his campsite.

While this is an inventive solution to college budget concerns, cash-strapped students don't need to resort to camping in the woods or residing in homemade structures.  Additional assistance is available for those in need of additional financial aid, and a free college scholarship search can help you find it. For example, if building your own cabin or emulating a reclusive author appeals to you, you might find yourself well-suited to win a design scholarship or an English scholarship.

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University of Texas Stops Sponsoring National Merit Scholarship

September 2, 2009

by Scholarships.com Staff

The University of Texas has announced plans to withdraw as a sponsor of National Merit, a popular national scholarship program that students qualify for based on standardized test scores. In an effort to focus on providing need-based financial aid, the university will no longer offer scholarships specifically for National Merit Scholars. The University of Texas, which was second only to Harvard University in the number of National Merit Finalists it enrolled, offered qualifying students awards worth up to $13,000 over the course of four years.

Texas is not the first major university system to choose to cease participating in National Merit, a program that offers $2,500 scholarships to high school juniors who do well on the PSAT, with the potential for honorees to receive much larger scholarship awards from partner companies and universities. Other institutions, including the University of California system, have previously chosen to withdraw sponsorship of National Merit, while many other schools have chosen not to offer awards specifically for National Merit winners.

National Merit has previously drawn criticism for its strong emphasis on high PSAT scores (other application materials are considered in selecting finalists, but semifinalists are chosen solely based on test scores). Students from wealthier families who have access to the best high schools and a variety of test preparation resources typically do best on standardized tests, such as the PSAT, which results in scholarship awards like National Merit skewing towards affluent students who need less assistance paying for college.

A University of Texas official cited similar reasoning in the university's decision to stop awarding National Merit Scholarships, stating that only one fourth of students receiving the scholarships typically bothered to apply for federal student financial aid, indicating the vast majority had access to other means of covering their college costs. The students who are most likely to be hurt by the loss of this scholarship opportunity will likely be helped by the increase in need-based financial aid that the university is promising.

University officials stressed that applicants who would have been eligible for this award will still be able to compete for other academic scholarships, and the undergraduate students currently receiving this award will continue to do so for their full four years of eligibility. Still, this announcement is likely to upset some students and to fuel the fires of the ongoing debate over merit-based versus need-based financial aid in colleges and universities.

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Washington Monthly Ranks Colleges on Social Good

September 3, 2009

by Scholarships.com Staff

The Obama health plan isn't the only hotly debated controversy in which the of the social good is currently being invoked. College rankings also fall into this category with the release of Washington Monthly's annual rankings this month, which differ sharply from the better-known U.S. News and World Report rankings, and focus primarily on universities' contributions to the "social good."

Washington Monthly publishes two sets of rankings, one for national universities and one for liberal arts colleges, each year. This year, the top three spots in the magazine's national university rankings all went to schools in the University of California system: UC Berkeley, UC San Diego, and UC Los Angeles, respectively. The top three liberal arts colleges were Amherst College, Mount Holyoke College, and Williams College. Amherst and Williams both appeared in U.S. News' top three, as well, but rankings differed sharply for many of Washington Monthly's other top schools, which included many state colleges, as opposed to the elite private colleges that dominate U.S. News.

A large part of the drastically different rankings comes from Washington Monthly's chosen methodology, which asks as much what colleges are doing for the country as it asks what they can do for their students. This is determined by looking at factors that include student involvement in national service, university involvement in research, and the social mobility attending college gives students.

The service index is achieved by looking at the number of current students involved in ROTC, the Reserve Officer Training Corps, as well as graduate participation in the Peace Corps. Research is determined by the university's production of PhD graduates, the number of degree recipients going on to achieve PhDs at other institutions, and other components such as research spending and faculty awards. The matrix is slightly different for liberal arts college, as many don't award PhDs and some don't provide data for all of the research categories. Social mobility is based on each school's ability to enroll and graduate needy students, determined by a calculation involving the percentage of students who receive federal Pell Grants and the school's undergraduate graduation rate.

Washington Monthly provides a more thorough description of their rankings system, as well as the rationale behind their decision to rank colleges, on their College Guide website. Other magazines participating in the college rankings game include Princeton Review and Forbes Magazine.

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Veterans Face Financial Aid Delays

September 4, 2009

by Scholarships.com Staff

The new Post-9/11 GI Bill went into effect on August 1, bringing expanded educational benefits for students who have served in the military since 2001. These benefits are supposed to be available to students for the fall semester, but a mounting backlog of applications has the Department of Veterans Affairs saying recipients should expect processing delays of up to 8 weeks.

This means that many veterans attending college may not receive their first payments from the VA until potentially October or even November, despite classes starting in August and September. So not only will their tuition and fees go unpaid, but they also will have to find other sources of funding for housing, books, and living expenses, which many veterans expected to rely on VA stipends to pay. While most colleges are working with their veteran students to arrange stopgap financial aid, the delayed payments still represent a huge problem for students going back to school after military service.

The application process for VA benefits under the GI Bill is somewhat complex and involves multiple steps between a student's initial decision to enroll in college and his or her ultimate receipt of a check from the VA. Students, schools, and the VA all need to complete paperwork to set up benefits, and May 7 was the earliest students could begin applying. In addition, current VA employees and new hires needed to be trained to process applications under the new program, so processing is taking longer than normal.

Add in the popularity of the expanded GI Bill benefits, the recession bringing students back to college in droves (with fewer financial resources available to them), and colleges across the country dealing with massive budget crises and increased demand for emergency aid, and you get the potential for disaster. More students are applying for benefits, the VA is less able to process these applications in a timely manner, and schools have more students in difficult situations to assist. All parties have fewer resources at their disposal to deal with the situation, making it still more challenging.

Still, vets who have found their benefits delayed should talk to the financial aid and veteran's affairs contacts at their school if they need additional financial aid to cover their expenses in the short term. While money is scarce, it is still available in most cases.

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Cuban Students Punished for Winning U.S. Scholarships

September 4, 2009

by Scholarships.com Staff

A group of Cuban students that had plans to attend American community colleges on U.S.-funded scholarships have been denied visa requests to leave their home country.

A Miami Herald article today says that some of the students were also expelled from the Cuban universities they had been attending prior to winning the awards. The group of about 30 Cuban students were part of the U.S. State Department's Bureau of Educational and Cultural Affairs scholarship program. The program, which received more than 750 applications from Cuban students this year, provides scholarships to international students interested in attending American colleges. Candidates are chosen based on merit and are offered one-year scholarships to community colleges in Arizona, Tennessee and Idaho in fields like business, agriculture and communications.

The article suggests that the Cuban government felt the students would have been adversely affected by enrolling in colleges in the United States, and that the scholarships aimed to "ideologically permeate university students" because they included a summer program for the students on developing their leadership skills. This was the first year Cuban students would have participated in the program.

American students, on the other hand, have had success enrolling in Cuban programs. Recently, a medical student from Dallas opted to finish her degree in Havana because the Cuban school offered her a full scholarship, monthly stipend and room and board paid for by the Cuban Ministry of Public Health. The Latin American School of Medicine in Havana has seen an increase in the number of American students applying to its program the last few years. For those interested in less of a commitment but want a taste of college life outside the United States, perhaps a study abroad program is the way to go.

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Despite Downturn, Two Towns Announce Substantial Scholarships

September 8, 2009

by Scholarships.com Staff

Even in the face of a continuing recession, new scholarship opportunities are being made available to students in a variety of situations. Recently, students in two communities in Michigan, a state hit especially hard by economic problems, have received news of scholarship programs that will give them significant help paying for school, even as the state considers cutting funding to one of its largest merit scholarship awards.

Baldwin, a community in rural northern Michigan, is the first to take advantage of the state's "Promise Zones" program, which allows areas with a high percentage of poor students to use state property tax funds to provide college scholarships for their students. Baldwin plans to offer scholarships of up to $5,000 for up to four years to current high school seniors. Up to nine other high-poverty communities in Michigan are eligible to participate in the program, provided they, like Baldwin, raise money to fund their scholarships for the first two years of awards. The Promise Zone funding, like the state's endangered Michigan Promise scholarship, were inspired by the Kalamazoo Promise scholarship, a full-tuition scholarship award created by an anonymous private donor that allows graduates of Kalamazoo public schools to attend any college in Michigan for four years.

Another Michigan community has also unveiled a substantial scholarship program for its high school students, this time a four-year full-tuition award to Finlandia University for all graduates of public schools in Hancock, a tiny mining town in the state's Upper Peninsula, who gain admission to the college. The scholarship program was created as Finlandia's way of paying the community for the use of a building that the school district no longer needed. Rather than working out a traditional payment plan for the purchase of the building, something complicated by tighter credit requirements, Finlandia proposed a deal that would provide more immediate and tangible benefits to the students of Hancock. The scholarships will be offered to members of Finlandia's current freshmen class and to subsequent graduates of Hancock's schools.

Local scholarships like these exist for communities nationwide, and are likely to seek out inventive ways to find funding, as community members are committed to helping their neighbors succeed. To find out more about scholarship opportunities for students in your area, conduct a free scholarship search.

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Parents of Scholarship Recipients Asked to Donate Awards to Others

September 9, 2009

by Scholarships.com Staff

Penn State University's Schreyer Honors College offers admitted students $3,500 per year merit scholarships, a common practice among state colleges that want to entice the best students to attend. Students at Penn State and their parents are doing something unique with these scholarship awards, though: they're giving them to other Schreyer students.

Parents of scholarship recipients who did not apply for need-based financial aid receive a letter asking them to consider making a donation in the amount of the scholarship their children received. The letter, penned by the parents of other Schreyer students, emphasizes the amount of unmet financial need some of their children's classmates face and asks them to consider whether they need the extra $3,500 in order to pay their tuition bill. If not, they are asked to give the money to students for whom the extra money could make the difference between attending college at Penn State and staying home.

The university stresses that students are not being asked to give up their academic scholarships in this campaign. Rather, they ask that parents who can spare the extra money because their child received a scholarship would consider donating to help other deserving students who last year had more than $1 million in unmet financial need.

Honors colleges, even at large state universities, tend to be relatively close-knit communities of top-performing students who are engaged in their studies and their campus communities. It's not surprising, then, that parents of Schreyer Honors College students hit upon an idea to help their children's struggling classmates last year when the economy first began to sink into recession. The campaign was initiated by parents and supported by the university, which sends the letters on the parents' behalf.

Last year's appeal raised around $228,000, with over $120,000 of that going directly to 34 students who needed help paying for school. The remaining $100,000 went towards establishing an endowed trust to ensure that this effort continues helping students in the future. So far this year, the campaign has raised $13,000 from 11 donors.

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