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Alaska Governor Stresses Need for State-Funded Scholarship Dollars

March 29, 2011

Alaska Governor Stresses Need for State-Funded Scholarship Dollars

by Alexis Mattera

Here at Scholarships.com, our goal is to make finding money for college as easy as possible. Paying the full cost of tuition out of pocket isn’t in the cards for most college-bound students and high-interest loans aren’t the most desirable options for others, meaning some students’ quests for postsecondary degrees must be funded solely by scholarships, grants and fellowships. Can it be done? Of course it can. You just need the right people on your side.

Alaska Governor Sean Parnell recently requested the funding of the incoming Alaska Performance Scholarship program, a nurse training proposal and a handful of other educational priorities from state lawmakers. While Parnell feels students have worked hard to earn state-funded performance-based scholarship dollars and would be "out to dry" without it, senators worry the program could leave rural students behind if aid is distributed unevenly across the state...not to mention create a potential legal problem given the state constitution’s promise of fair education services. Students seeking need-based grants do have the existing AlaskAdvantage program to turn to but it is significantly underfunded. It could, however, gain support through Senate Bill 43, which calls for AlaskAdvantage to receive $7 million of the proposed $21 million in state college scholarship funding on an annual basis.

Will it happen? Our Magic 8-Ball says "cannot predict now" but we hope it goes through for the sake of the many students in need. How are you currently paying for or planning to pay for school? What programs have you found most helpful in securing the funding you need?

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Acceptance Rates Plummet for Class of 2015

Record High Applications Don't Translate to Equally Impressive Acceptance Numbers

April 1, 2011

Acceptance Rates Plummet for Class of 2015

by Alexis Mattera

It’s not long into April Fools' Day but we’ve already encountered lots of fake educational news. First, it was revealed that GWU President Steven Schnapps’ fist pumping was responsible for the destruction in a campus residence hall. Next, Bryn Mawr announced it had partnered with Bithnian University of Science and Technology to take its alien research to the next level. And lastly, college acceptance rates plummeted at universities across the country. Oh wait, that last one wasn’t a joke at all.

The New York Times’ The Choice blog recently published a table of admissions statistics from 32 selective U.S. colleges and the data show a drop in acceptance rates across the board. Not surprisingly, the lowest acceptance rates were at Harvard (6.2 percent, an all-time low for the Ivy), Columbia (6.9 percent), Stanford (7.1 percent), Yale (7.4 percent) and Princeton (8.4 percent) but what’s interesting is that this year, records were broken for applications received. The schools’ explanations for the limited fat envelopes sent out? They just had far too many outstanding applicants.

There are many factors to consider – for example, high school seniors are applying to more schools than ever before to ensure they have at least one place to attend college – but nothing takes the sting out of "We regret to inform you..." topping a decision letter. Applicants, how have you fared in the admissions race? Were you rejected or waitlisted at a school you considered a safety? Did you score admission at your first-choice school? Are any of you still waiting to learn your higher education fates? Have you already sent in a deposit or are you still securing enough financial aid to pay for school?

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What Ever Happened to No Takesy Backsies?

Possible Pell Cuts Could Mean Revised Financial Aid Offers

April 6, 2011

What Ever Happened to No Takesy Backsies?

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.

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?

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2011 Safety Scholars Contest Kicks Off

This Scholarship of the Week is Accepting Entries Through May 13th

April 18, 2011

2011 Safety Scholars Contest Kicks Off

by Suada Kolovic

The fifth annual Bridgestone Safety Scholars Video Contest has begun, and YOU could be one of this year’s $5,000 scholarship winners! This year, they’ve expanded their contest to include all drivers ages 16-21 in the United States and Canada (excluding Quebec). To enter, simply create a 25- or 55-second video about driver safety and upload it to SafetyScholars.com by May 13. They’ll narrow it down, and the top 10 videos will be posted on the site, where it is up to the public to vote on their favorite. The top three winners all receive a $5,000 scholarship!

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

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Calling All Dancers in this Scholarship of the Week

May 2, 2011

Calling All Dancers in this Scholarship of the Week

by Suada Kolovic

Is dancing your passion? Then put your best foot forward and try out for the Jessica Karrat Dance Scholarship. The Jessica Karrat Dance Scholarship Fund is dedicated to providing funds for individuals who wish to participate in dance education. It seeks to provide aspiring dancers with the opportunity to fulfill their dreams whether to start a dance career or continue with their dance education.

Scholarship recipients must be residents of the United States or programs must benefit United States citizens. A minimum award of one scholarship, in the amount of $500 per year, is being awarded to assure that the scholarship will be significant enough to provide financial assistance. For more information on this scholarship and other dance scholarship opportunities, conduct a free scholarship search today!

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Attention Ayn Rand Fans: This Scholarship of the Week is for YOU!

The Fountainhead Essay Contest to Grant 236 Scholarships

April 11, 2011

Attention Ayn Rand Fans: This Scholarship of the Week is for YOU!

by Alexis Mattera

There’s nothing I enjoy more than curling up with a good book...unless doing so could be worth $10,000. Too bad I’m long graduated because I’d be applying for this Scholarship of the Week in a second!

The Fountainhead Essay Contest, offered by the Ayn Rand Institute, is open to high school juniors and seniors with a love of literature and flair for writing. Each applicant is required to read Rand’s novel of the same name then craft an essay of 800 to 1,600 words in response to one of three prompts. There will be 236 college scholarships distributed – one $10,000 first-prize award, five $2,000 second-prize awards, 10 $1,000 third-prize awards, 45 $100 finalist awards and 175 $50 semifinalist awards – to essay writers demonstrating an outstanding grasp of the philosophic meaning of The Fountainhead.

All materials must be submitted by April 26th (just over two weeks from today) so if you are interested in this scholarship opportunity, you still have plenty of time to apply. For more information on this and other scholarship awards, conduct a free scholarship search on our site today!

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Introducing the Short and Tweet Scholarship!

You Could Earn $1,000 for College by Typing 140 Characters

April 13, 2011

Introducing the Short and Tweet Scholarship!

by Alexis Mattera

Winning scholarship money is great but doing so without having to meet astronomical word counts and double-digit page requirements is even better. That’s why we’ve launched the Short and Tweet Scholarship, where you could win $1,000 for writing a 140-characters Twitter post!

In addition to the 2.7 million scholarships already in our database, we’ve created the Short and Tweet Twitter Scholarship, which rewards students for doing something they do every day: communicate online. To enter, simply log on to Twitter (create an account if you don’t already have one), follow us, then @reply us and explain what an extra $1,000 for college would mean to you as creatively and meaningfully as possible.

That’s it. No lengthy essay. No paperwork. Just your thoughts, in real time. Good luck!

Step 1: Follow Scholarships.com on Twitter.

Step 2: @reply us with a tweet answering the question “What would an extra $1,000 for college mean to you?” Once you do this, you are automatically entered to win a $1,000 scholarship.

Step 3: You may enter as many times as you want but please limit your tweets to a reasonable amount per day. Each tweet will be a stand-alone entry and tweets that are submitted by non-followers, exceed 140 characters, do not include @Scholarshipscom or are submitted after the May 31st deadline will not be considered. From there, the Scholarships.com Team will determine which comment is most deserving of the award.

To learn more about this scholarship, click here; the official rules can be viewed here.

This scholarship competition is offered by Scholarships.com and is in no way sponsored, endorsed or administered by, or associated with, Twitter.

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New Kids in Class, This Scholarship of the Week is for You!

Expat Youth Scholarship Deadline Approaching

April 25, 2011

New Kids in Class, This Scholarship of the Week is for You!

by Alexis Mattera

Were you ever the new kid in class? What about the new kid in class in an unfamiliar country or culture? If this sounds like you, apply for our Scholarship of the Week: Clements International’s Expat Youth Scholarship!

This unique contest is for expat students who spend their childhoods moving between different countries and cultures. Simply create a two- to three-minute video explaining your favorite thing about your host country and its culture (if you have lived abroad in more than one country, please only select one), upload your video to YouTube then visit Clements International’s website to submit your entry by the May 13th deadline.

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

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Financial Aid Applications Increase for 2011-2012

National Need Mirrored in the Buckeye State

April 26, 2011

Financial Aid Applications Increase for 2011-2012

by Alexis Mattera

If you are attending college, you probably need some form of financial aid to pay for tuition, room and board, books and other living expenses. Next year, it’s likely you’ll need a little bit more.

The Columbus Dispatch recently reported the number of students in the U.S. who have filed forms for federal financial aid for the 2011-2012 academic year has increased by about 1 million from last year. At Ohio State alone, requests are up about 10,600 from two years ago - a 22-percent jump, says financial aid director Diane Stemper. Ohio University’s Sondra Williams reports a similar trend with a 12-percent increase in federal financial aid applications. The reasons for the increased need aren’t surprising. "Many people who used to have the resources to send their children to college have lost their jobs or been downsized," Stemper said, adding lower home and stock values and rising food and gas prices are also culprits.

Though more students are getting the aid they require – OSU has seen an increase in Pell Grant recipients enrolled and OU has more students receiving subsidized loans – the financial relief may be short-lived: Governor John Kasich’s state budget proposal has public universities in Ohio could increasing tuition by up to 3.5 percent. Current undergraduate and graduate students, do you need more financial aid now than you did when you first enrolled? High schoolers and incoming freshman, how do you plan to pay for school?

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Mork Family Donates $110 Million to USC

May 4, 2011

Mork Family Donates $110 Million to USC

by Suada Kolovic

The University of Southern California has secured a major donation – the fourth of more than $50 million given to the university this school year alone – from Julie and John Mork. The couple donated $110 million to USC to fund the Mork Family Scholars Program, which will provide high school seniors “of extraordinary intellectual talent and capability full tuition and $5,000 living stipends,” the university said in a statement.

John Mork, a trustee who graduated from USC in 1970, is the chief executive officer of Energy Corp. of America, a private company that handles the exploration, extraction, production and transportation of natural gas and oil, based in Denver. “Attending USC is the dream of talented high school seniors from all walks of life,” said John Mork. “We hope this gift will help transform hundreds of young lives.” Julie Mork, who graduated from UCLA, is the managing director of the Energy Corp. of America Foundation, a charitable organization that focuses on children and education. According to the LA Times, about 100 undergraduates will benefit from the scholarships each year.

Now while this is the single largest donation in the university’s history for undergraduate scholarships, it isn’t the Morks first philanthropic gift to the school. In 2005, the family contributed $15 million to the USC Viterbi School of Engineering that resulted in the naming of the Department of Chemical Engineering and Materials Science after the Mork family. And this time around, to show their appreciation, USC will place a plaque with the names and images of the Mork family at Bovard Auditorium.

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