May 26, 2010
Financial Aid | What You Need To Know About Scholarships
Scholarships are a form of financial aid that is awarded to individuals for their education, professional development or research. There are many other definitions like the one that scholarship is money for college and you don’t have to refund that money. You have to admit that this sounds nice.
Scholarships may be full or partial:
* The full scholarship covering the cost of tuition, accommodation, food, personal expenses and additional study materials
* Partial scholarships: covering one or more of this costs that I mentioned but you can’t have them all.
What are the criteria for awarding scholarships?
Criteria for scholarships vary from program to program. However, grants or scholarships are usually awarded on the basis of excellence and / or needs:
The criteria of excellence can be determined based on various factors, including average rating, received awards, special talents (in sports, performing arts, etc.) beyond teaching achievements and /or through other special features that fit the profile of candidates (the future “leaders”; activists in a particular area, etc.). The criteria needs may consist of several categories that may include poor people (people who don’t have money for college or academic scholarship), people with disabilities, people with special needs, members of national, ethnic minorities or members of other groups.
One of the academic scholarships is The National Merit Scholarship Program. It is a non profit organization. Merit scholarships are awarded to the the students who achieved some results mostly in sport and art.
In United States the most popular are athletic scholarships. In many other countries they are very rare or on-existent. If someone is very good at any kind of sport, he can apply for athletic scholarship. In United States there are a couple of association like National Collegiate Athletic Association, JUCO and National Association of Independent Athletics.
The author likes to write articles about financial aid for students. There are more articles about how to get low rate education loans and maximize your Federal Pell grant award.
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10 Comments on Financial Aid | What You Need To Know About Scholarships »
March 29, 2011
Twitter @ 12:34 pm:
April 30, 2011
Misho @ 9:02 pm:
Hm…as I researched most of these schools, I found out that they DON'T offer need-based financial aid for international students.
Moreover, I think that 1/5 of the total cost covered is too little for us, so there is no point to include schools, offering, let's say, 1/4 or 1/3 financial aid. After all, I think(I'm not sure) that $10000-$15000 is quite unaffordable ;(
May 5, 2011
nic @ 5:43 am:
There are two things that I want to mention here:
First, how you file (and whether your parents claim you) has no effect on your ability to file as independent for financial aid purposes. They look at a completely different set of criteria to determine whether you can file as an independent. The criteria are pretty strict, and you must meet at least one of them. When they ask that set of questions about whether you were born before 1998, or were a veteran, or married (see link below for full list), those are to determine whether you can file as an independent.
I understand how hard it is, and not everyone has parents who can or will help pay for college, so I urge you to talk to your college (or potential college's) financial aid office for more information on paying for college.
Second, and really a side note, you don't have to let your parents claim you on their tax return if they're not taking care of you for at least half the year you're filing for. It may be something that you've decided on together, but if you don't want them to claim you, you can check on your return that no one is eligible to claim you. You don't even need to get their input, but it'd be nice to let them know.
Good luck! It'll work out.
May 10, 2011
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June 23, 2011
Shara @ 2:42 pm:
Nope, it means you're still in the running. congrats!
July 12, 2011
Richard Hemby @ 1:20 pm:
Hello!
Given the ever growing need for Occupational Therapists, I put together an article with a list of financial aid options for those hoping to enter the field. If you wouldn’t mind, could you share my article with your readers?
Here's the post:
Many thanks!
Richard
July 27, 2011
Skylar Hope @ 7:48 am:
I think the phrase “My financial aid dept sucks!” is a collective saying among college students. I know my financial aid department HATED me because they were really quick to hold up my registering over a dollar (YES a DOLLAR!) but when they owed me 300 bucks they gave me the run around. Everytime I'd go into that office Id rip someone a new one. Good luck! Hopefully your financial aid dept wont be as awful as mine was!
August 20, 2011
luda @ 3:09 am:
your tuition is 20k. ok, that would be the first problem, you should really truely attend a cheaper school! what is your major? if your not going to be a doctor, youd better run. because i dont know how much of that is loans, but typically pell grants are just over 5k for full time, so you need to see how much you have out in loans, and expect that and then more at times, if you dont have scholarships lasting throughout. and times that by how many semesters you are taking, get that figure. then look at your major, will your salary ever pay off these loans, do you want to be in that much debt before you get started?
you need to see your financial aid department and get it straightened out, you need to know this and not just let it go…yikes!
August 26, 2011
Free Submit Articles Directory | FreeArticlesNow.com @ 3:18 pm:
California Dream Act. A key state Senate committee approved Thursday a hotly debated bill to give college students who are illegal immigrants access to public financial aid in what supporters see as their best hope for success since the battle began five years ago.
October 27, 2011
rochelle rochelle @ 4:46 am:
Figuring out how much college is going to cost you is about to get much easier.