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College Education: Scholarship Grants or Financial Aid?


How much is the cost for a college education?

Is there an available financing scheme?

The Ultimate Scholarship Book 2010: Billions of Dollars in Scholarships, Grants and Prizes The Ultimate Scholarship Book 2010: Billions of Dollars in Scholarships, Grants and Prizes
List Price: $26.95
Sale Price: $13.78

Information on thousands of scholarships, grants, and prizes is easily accessible in this newly revised directory that features awards indexed by career goal, major, academics, public service, talent, athletics, religion, ethnicity, and more...

Let’s face the reality. College education is expensive! A lot of parents do a double take when their children are preparing and looking forward to attending a community college or a state university.

There are a lot of things which comprises the cost of college education and the tuition fee is just a part of the big picture of getting into college. Other everyday expenditure includes food, transportation, housing, pocket money, and other miscellaneous fees which when added up can create a significant portion in financing a college education.

A lot of families in this day and age, even if they belong to the upper-class society, think about applying for financial aid. College grants and scholarships are the most excellent kind of financial assistance.

Grant and scholarship programs do not entail students or the family to pay back. These could be of two kinds: (1) base on need, which is given due to the financial inability of the student and the family as a whole, and (2) base on merit, the talent of the student like in sports, is the main consideration. The student’s academic ability also falls under the merit-base college grant and scholarship.

Oftentimes, college grants and scholarships combine the merit and need criteria to ease out the whole financial aid process. Numerous students and their families are in the look-out for this type of financial aid. However, college grants and scholarships are limited compared with the growing number of students year after year.

Qualifying students can avail of federal and a number of state scholarship programs. Some of which are the following:

Federal or National Pell Grants – this is a program funded nationwide intended to endow assistance to any qualified undergraduate learner pursuing postsecondary schooling. Grants and scholarships of this kind are given to those who have not finished a baccalaureate degree.

The worth of the grant can vary year after year and will depend largely on the financial need of the students, the expenses that will be incurred while attending the chosen university or college, and the availability of funds from the national government.

This type of grant will open opportunity for the students to avail succeeding financial aid from the national government.

Federal Supplemental Educational Opportunity Grant (FSEOG) – this is a program for ongoing undergraduate students with outstanding monetary need. However, not all students can avail this type of grant. This will depend on the eligibility of the students and availability of finances of the concerned school.

Another form of financial aid that students and families can turn to is through loans. This type of financial assistance should be paid back. The financial need of the family should be considered thoroughly to avoid paying high interest rates.

It is also a must to understand all the terms of lending agencies such as the schedule of repayment and interest rates, before signing in or making a commitment.

Work study is a form of financial assistance which calls for students to do labor to sustain their college education. Work study is commonly done on campus and is the most typical form of financial aid in all universities and colleges. Usually, the students will render service to schools for ten to fifteen hours per week.

Scholarships, grants and other forms of financial aid to acquire college education is really multifaceted, confusing at times, and even exasperating. The good thing is college education is a non-refundable and non-biodegradable type of investment. It is for the future!

The Ultimate Scholarship Book 2010: Billions of Dollars in Scholarships, Grants and Prizes The Ultimate Scholarship Book 2010: Billions of Dollars in Scholarships, Grants and Prizes
List Price: $26.95
Sale Price: $13.78

Information on thousands of scholarships, grants, and prizes is easily accessible in this newly revised directory that features awards indexed by career goal, major, academics, public service, talent, athletics, religion, ethnicity, and more...

Scholarship Reconsidered: Priorities of the Professoriate Scholarship Reconsidered: Priorities of the Professoriate
List Price: $29.00
Sale Price: $18.49

The Carnegie Foundation for the Advancement of Teaching Ernest L. Boyer's Scholarship Reconsidered offers a new paradigm that recognizes the full range of scholarly activity by college and university faculty and questions the existence of a reward system that pushed faculty toward research and publication and away from teaching.

How to Write a Winning Scholarship Essay: 30 Essays That Won Over $3 Million in Scholarships How to Write a Winning Scholarship Essay: 30 Essays That Won Over $3 Million in Scholarships
List Price: $17.95
Sale Price: $10.56

Examining the two basic components of scholarship competition—essays and interviews—this vital guidebook offers practical advice and real-life examples to guide students through the entire application process...

Approaches to Paul: A Student's Guide to Recent Scholarship Approaches to Paul: A Student's Guide to Recent Scholarship
List Price: $20.00
Sale Price: $12.14

What distinguishes" the perspective on Paul" and what lies beyond it? What are scholars saying about Paul and the Roman Empire or about the intersection between feminist and postcolonial interpretation of Paul? Magnus Zetterholm provides a clear and reliable guide to these and other lively issues in the contemporary study of Paul, surveying the history of the principal perspectives on Paul's relation to Judaism and the Jewish law and showing the relationships between answers given to those questions and the assumptions scholars bring to other issues as well...

Positive Organizational Scholarship: Foundations of a New Discipline
List Price: $45.00
Sale Price: $38.88

In helping establish a new field of study in the organizational sciences, POS, this book examines a variety of positive dynamics in businesses and organizations that give rise to extraordinary outcomes...

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One Comment

  1. Many people are trying for scholarships. Sure there are millions of them out there. However, it might be the time to try other approaches in locating scholarships. These methods are free, too. First, try the high school guidance office. It has a list of local scholarships for current high school students. Second, the public library has a book listing scholarships with some not even listed on the web. Finally, try the college’s financial aid office. It has a list of private scholarships offered from outside organizations and companies. Sometimes a college major will list scholarships on its website too.

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