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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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Illinois State Senate Passes DREAM Act

DREAM Act Passes with Overwhelming Bipartisan Majority

May 5, 2011

Illinois State Senate Passes DREAM Act

by Suada Kolovic

After much heated national debate, the Illinois state Senate passed the DREAM Act, a measure that will give undocumented students who’ve graduated from high school, completed two years of college or military service and have no criminal record a shot at citizenship. The bill passed the Senate by a margin of 45-11, with wide bipartisan support – 11 Republicans supporting the bill alongside 34 Democrats.

It is important to note that the State of Illinois does not have the authority to grant citizenship, but will instead create a “DREAM Fund” – a scholarship account funded entirely by private dollars that will provide scholarships to undocumented students seeking higher education. The fund would also encourage counselors to receive training on educational opportunities for undocumented students, as well as open up college savings programs and prepaid tuition programs to all Illinois residents.

The Illinois Coalition for Immigrant and Refugee Rights (ICIRR), one of many pro-immigrant groups that descended on Springfield for Wednesday's vote, tweeted "Perfect timing. The state Cinco de Mayo celebration has started in the State Capitol."

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Meet Scholarships.com’s Virtual Interns: Allison Rowe

May 6, 2011

Meet Scholarships.com’s Virtual Interns: Allison Rowe

by Allison Rowe

As a rising senior at Washington State University, I have a lot on my plate – balancing two majors, maintaining honor roll grades and working to realize some serious career aspirations – but I wasn’t always this way. If I can ever convince you of one thing, it is the infinitely transformative power of the college experience.

Lazy. Pessimistic. Socially awkward. These words describe my high school self. Not only did I take the second chance granted to everyone at my WSU freshman orientation, but also realized everyone is free to reinvent themselves as many times as they wish during these four years, so long as they are brave enough to embrace opportunity when it arises.

If you aren’t in a club and don’t have a job, if you haven’t applied for scholarships or attended your professors’ office hours, if you skip class and don’t give back to your community, if you haven’t made a new friend all semester, listen up: You are missing crucial opportunities and wasting money! Though hipsters would like to convince you otherwise, participation in college IS cool and its payouts are unlimited. You can boost your resume, pay off debt and eat free food with friends all at once by taking full advantage of services and activities your fees pay for. This is especially true now with widespread tuition increases (WSU’s has jumped more than 30 percent since I enrolled) and using your time in college efficiently should become a top priority.

Now I do not mean to suggest you must do all those things simultaneously, but the general consensus among seniors is that a busier life is a happier life! During my time as a Scholarship.com virtual intern, I hope to help you all get involved early and build a strong, diverse skill sets to maximize the true potential of your college experiences.

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Meet Scholarships.com’s Virtual Interns: Jessica Seals

May 10, 2011

Meet Scholarships.com’s Virtual Interns: Jessica Seals

by Jessica Seals

Hi everyone! My name is Jessica Seals and in addition to being one of Scholarships.com's virtual interns, I am a senior at the University of Memphis currently majoring in political science with a minor in English. Nice to "meet" you all!

I chose to go to the University of Memphis due to its close location to my hometown of Jackson, Tennessee and the fact that it was one of the few schools in my area that offered political science as a major while offering a good selection of scholarships to pay for my education. Why political science, you ask? I was informed that it is a popular major among students who wish to go to law school and after I graduate, that’s exactly what I plan to do. As for my English minor, it will definitely prepare me for the extensive amount of reading and writing that I will have to do in law school, especially in my chosen concentration – corporate law.

I look forward to working as a virtual intern for Scholarships.com and I hope that I am able to provide the insightful first-hand accounts on college issues, such as paying for school, extracurricular activities and how to balance and manage your time for current and future students - information I always wished someone would have provided for me!

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Scholarships – Are They Really Worth My Time? YES!

May 17, 2011

Scholarships – Are They Really Worth My Time? YES!

by Jessica Seals

A typical soon-to-be college student’s priority list probably looks a little something like this:

But wait!!! With all of the excitement of starting college, students can forget to get their finances together to pay for it all! Many students don’t realize that they can eliminate student loan headaches simply by starting the scholarship application process early. By doing so, students have more time to get their application materials together and apply for more scholarships because they are not rushing to submit everything on deadline day.

From my own personal experience, I found it advantageous to apply for scholarships early. I joined websites like Scholarships.com so that I could keep track of deadlines and scholarships that I qualified for. I sent it all of my materials early and when I started receiving letters that began with “Congratulations!” it made the time that I spent applying for scholarships worthwhile.

Another bit of advice that I found helpful was applying for scholarships even if the amount seems small. During my freshman year of college, I applied for the new member scholarship for the Alpha Lambda Delta Honor Society despite the fact that the award amount was $300. Nothing could make my smile turn into a frown that day because winning the scholarship meant that I wouldn’t have to pay out of pocket for books in the upcoming semester.

My final advice: Apply for as many scholarships as possible because you might just be what the scholarship committee is looking for. Even the smallest award can help pay for something!

Jessica Seals is currently a senior at the University of Memphis majoring in political science and minoring in English. At the University of Memphis, she is the secretary of the Pre-Law Society, the philanthropy chair of the Phi Kappa Phi Student Council and a member of Professional Assertive United Sisters of Excellence (PAUSE), Golden Key Honor Society, Alpha Lambda Delta Honor Society, Sigma Alpha Lambda Honor Society, and Black Scholars Unlimited. She also volunteers to tutor her fellow classmates and hopes to attend law school in the near future.

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Scholarships.com’s Resolve to Evolve Scholarship is Back!

May 18, 2011

Scholarships.com’s Resolve to Evolve Scholarship is Back!

by Suada Kolovic

It’s that time of year again when Scholarships.com relaunches our Resolve to Evolve Scholarship. This isn’t your typical essay scholarship: The R2E (as we like to call it) is about providing students with the opportunity to move beyond finger-pointing and offer constructive criticism and workable solutions for problems facing an administration or an organization. Essays must be written in response to one of two questions; this year, they focus on the possible detrimental effects of technology on the masses and whether or not a college degree has value.

This scholarship is open to all United States citizens who are registered users of Scholarships.com, will be enrolled in high school (grades 9 through 12) during the 2011-2012 school year and will be between the ages of 13 and 19 at the time the award is given. The applicant who submits the best overall essay will receive a $2,000 scholarship. One (1) winner will also be selected from each grade level (freshman, sophomore, junior, senior) and will receive a $1,000 scholarship each.

The deadline for entries is August 15, 2011. Winners will be notified in late September and announced mid-October. For more information on this scholarship and other scholarship opportunities, conduct a free scholarship search today!

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Seven Tips for Repaying Your Student Loans

May 19, 2011

Seven Tips for Repaying Your Student Loans

by Suada Kolovic

If you’re a recent college graduate, chances are you’ll have to start paying off your student loans sooner than you think. And even with the economy in a slump, don’t expect a free pass on not paying your loans. Are you starting to panic? Well, don’t! There’s a ton of advice out there to help students stay on track and courtesy of the U.S. News and World Report, here are seven tips for repaying your student loans.

  • Repay you student loans automatically. Make things easier on yourself by setting up automatic withdrawals from your bank account. This reduces the chance of late or missing payments.
  • Aim for 10 years. The traditional repayment period for student loans is 10 years and ideally you'll be able to pay off all your debt within that time period. If you end up struggling with your monthly payments, however, you could stretch out your loans to 20 or even 30 years. Your monthly payments will become more manageable but you will end up paying a lot more in interest.
  • Stay organized. Having multiple student loans can be a challenge to keep track of but with the government's National Student Loan Data System, you’ll be able to track all your federal student loans in one place.
  • Pay off the loans with the highest interest rates first. A high interest rate costs you every month and compounds that amount you owe every month you aren’t paying off the entire balance.
  • Consider IBR. The IBR is a federal Income-Based Repayment program that allows a borrower to repay his or her federal loans based on what is affordable and not what is owed.
  • Keep abreast of student loan developments. Staying informed is just as important as making your payments. Familiarize yourself with websites that are devoted to college debt issues like Project on Student Debt and the National Consumer Law Center's Student Loan Borrower Assistance Project.
  • Contact the Federal Student Aid Ombudsman. Sometimes your relationship with a lender can go belly-up. If you end up in a dispute, the Federal Student Aid Ombudsman may be able to help resolve the issue.
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Meet Scholarships.com's Virtual Interns: Radha Jhatakia

May 20, 2011

Meet Scholarships.com's Virtual Interns: Radha Jhatakia

by Radha Jhatakia

Hi all! My name is Radha and I’m one of Scholarships.com’s newest virtual interns!

In high school, I was a well-rounded student – high GPA, honors classes, extracurricular activities and volunteer work...you name it, I did it – but after getting accepted by both the University of the Pacific and the University of San Francisco, limited finances and financial aid prevented me from attending either school. To save money to put toward transferring, I instead enrolled in De Anza College and Evergreen Valley College to complete my gen eds. It wasn’t easy (De Anza was a distant commute and made it difficult for me to take the classes I needed to transfer) but I amassed enough credits to transfer after two years. I didn’t get into my first choice (UCLA) and my second choice (Berkeley) did not have my intended major so I enrolled at UCSB, where I was accepted into the Honors Program and received plenty of financial aid. Unfortunately, things didn’t work out as planned when my transfer status affected my major so I am back at EVC but transferring to San Jose State University in the fall. Whew!

I’ve always enjoyed writing (I hope to write a book someday) and I believe my interest in working with others – plus my excellent persuasion abilities – will lend itself to a career in public relations. Being a Scholarships.com virtual interns complements my goals perfectly: It’s an excellent opportunity to gain experience in something I enjoy doing and since I’m always looking for scholarships to pay for school, writing for a website that helps students do just that seemed ideal. Hope you’ll all enjoy reading my opinions and advice just as much as I enjoy sharing them!

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