Tuesday, March 29, 2011

How to get College Funds

Going to college is very difficult nowadays because tuition fees are very high. The universities also will not allow the student to take the entrance exam unless they can make an initial payment. Resulting, too many high school undergraduates are forced to stop their studies. Instead of studying, they are looking for a full-time job. Then, they are stocked doing the same job. Until they get married.

It is the parent’s responsibility to educate their children. However, the circumstances just arise and the only thing that a teenager can do, is help their parents do their jobs. Recommend them the best and the appropriate options. In which you do the research and then, lay out these options to your parents. Help them understand the mechanics and the ways on how you’ll be able to grant this opportunity.

Moreover, there are different options that a teenager can continue their education. Most of these options offer great deals such as the following:

1.    Grants- are different from any types of college funds because you are required to have average grades. Then, it will also depend on the category you choose, whether you based on the subject, degree level, a specific course or the minority.

The common sources of funds are the following:

· State and Federal Government – Examples are: the Pell Grant, Academic Competitiveness and the SMART Grant.

·   Universities and other College Institutions- These are the Hispanic Student grants, African-American Student Grants and the Native American Grant.

·    Public and Private Organizations – These are the following: the Vegetarian Resource Group Scholarship, AFP (Association of Fundraising Professionals) Scholarship.

2.    College Scholarship – You can find these through online sites or databases and social networks or online contest such as the Short and Tweet Scholarship, The Resolve to Evolve Scholarship and the ‘Tell a Friend’ Scholarship Sweepstakes. The winners will get a scholarship application and a handsome amount of cash. Most of the college scholarships are based on the categories by grade level, College Majors, the Sports Scholarship and the State Scholarship.  

3.    Student Loans – it is the most common referenced for a student because it did not require minimum grades to apply. However, you only need to be precise with your parent’s income because you were required to provide a financial document. The repayments will vary on the type of loans you’re applying for, but mostly it takes six to twelve months after you leave school regardless with the program completion. Usually, the interest will be 6 percent without negotiation.

All these are a few tips on how to get college funds. Moreover, a lot more options on my next post.