Thursday, October 31, 2013
About College Scholarships and Grants
Some of the best ways to pay for a college education is by focusing on either scholarships or grants. With college scholarships and grants, none of the money has to be repaid, in contrast to Federal student loans as well as private loans. Access to these types of funding usually has to do with the student's past achievements in school and more. There are many types of scholarships and cannot be listed in full here; however, a good site to look at all the different scholarships would be college-scholarships.com which lists each one as well as some descriptions available. It is important to know that each scholarship may be different from the next and they may all have different terms and conditions applied to them which you will need to review prior to applying for the scholarship.In addition to scholarships are grants. As a result of the US government's No Child Left Behind Act, our government now offers more college grant opportunities than ever. Some of the Federal grants include the Pell Grant, National Science and Mathematics Access to Retain Talent (aka SMART) grant, as well as the Academic Competitiveness grant. The money provided by these grants and more are provided in order to help pay for college expenses such as for books and tuition. These grants and more can be obtained through federal and state governments, colleges, universities, as well as other public and private organizations.There are several different categories for grants such as student-specific grants, degree level grants, subject specific grants as well as grants specifically for lower income students and minorities.As for the student-specific grants, there are several categories such as those for low income or disadvantaged students, graduate grants, doctoral grants, undergraduate grants, non-traditional grants as well as military grants for college.When considering subject-specific grants, subjects such as nursing, teaching and healthcare may offer grants for schooling which in many cases will be sponsored by corporations hoping to acquire interns and future employees to their companies after graduating from college with a degree in the corporation's industry. In addition to the grants provided by many corporations and such, there are also those grants which are offered by your state and information about these types of grants that are offered by your individual state can be found be simply contacting your state offices and/or contacting financial aid offices at your college which you will be attending.There are many opportunities for students to get the funding for a great education and they can all be found by contacting those organizations or their websites for more information. If you are in high school, try a guidance counselor. It is important to get this information earlier on as the more you know the easier things will be once it comes down to getting that education funded.