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« September 2007 | Main | November 2007 »


Provided By: Associated Content, Inc.

There are constant rumors spread that Latino students, on the whole, are under-achievers. Racist and biased as this allegation is, one reason that there may be some truth to it is that there are fewer funds to assist Latino students, not merely to bring them into the mainstream, but to encourage them to continue their studies and prepare them for a brighter future than many of their parents may have had to look forward to.

A recent LA Times article told about Federal funds granted to Ventura College's Santa Paula campus which claimed that the money was to be used to "boost" the educational performance of Latino students with new programs.


A college loan is often necessary in order to pay for higher education. There are also scholarships and federal government grants that students can get financial aid from. This kind of aid can help keep your college loans from becoming too high to manage. As a student you will need to have money to pay for tuition, books, travel expenses, dorm fees, unexpected costs, and last but not least, your everyday living expenses. Most college programs are anywhere from three to seven years or longer.

Annual expenses can amount to $10000.00 to $20000.00 per year, and this is probably an underestimation. Do the math and you will see that getting an education is going to cost you. Knowing what kind of credit you have is very important, as lenders will surely check out your credit report before giving you a loan. Know what your credit rating is before approaching a lender by getting a free credit report online. Try checking out a few scholarships or getting a federal government grant before applying for any loans.

Get your free credit report online in seconds.

Taking on education debts should be secondary to scholorships and federal government grants. Be sure to exhaust all avenues of gift aid before applying for any student loans. After all, you don't have to pay back scholarships and grants! Check any and all sources of gift aid in your area. Schools, colleges, financial institutions, churches, and community groups often offer this type of thing.

Scholarships are usually given to those with high academic or athletic achievement, or entering a particular field of study. Federal government grants are for those who are experiencing financial difficulties. Federal and state governments decide who qualifies for these grants.

Rest assured that if you don't qualify for a federal grant or scholorship, you still have options. You can get a federal college student loan, or a private loan tailored specifically for students. There are even student credit cards at great rates with no fees. Apply for your student loans online where you can find great rates and start preparing for your future.

If you are already dealing with large payments on several student loans then you may want to consider consolidating them at a lower rate. This can make a huge difference in your monthly payments and save you hundreds.

Courtesy of Article-Wiz Article Directory. About the Author: Chris is the webmaster of www.online-finances.com. A website designed to help find solutions to your financial needs.

Tips for Parents

Provided By: Associated Content, Inc.

As parents begin the process of completing financial aid applications for their children, it is important that they have some basic information about the process. The amount of financial aid received often influences the decision as to where a child goes to college.


College is a Huge Investment. Make it Pay-off by Being Practical, Not Academic

Provided By: Associated Content, Inc.

I received my Bachelor's degree in 1997, but I still think a lot about college-especially around the 19th of each month. That's the day I write out a check to cover my student loan payment and send it off to Sallie Mae.


How to Start Saving Early Through Scholarships and Shopping

Provided By: Associated Content, Inc.

Many of us with children in elementary school dread the day that we're faced with bills for college tuition. We talk about our children going away to college to become veterinarians, lawyers, and even writers and race car drivers (hey, they have their own dreams), but who is going to pay for this education and more importantly, how.


Now More Than Ever, There Are More Opportunities to Further Your Education at Little to No Cost to the Student

Provided By: Associated Content, Inc.

As the second semester of the school year begins, many High School Seniors, perhaps even juniors, will begin to look ahead to going off to college.

No doubt college recruiters, college brochures, and college applications will become part of the routine for college students.


NJ Stars: A Full Tuition Scholarship for New Jersey Residents

Provided By: Associated Content, Inc.

College is getting more expensive every year. Public schools - which used to be in reach of every working class family - are out pricing many students. According to the College Board, the average public school costs nearly $6,000 per semester.

Loans offer one opportunity for students to cover the costs of college, but they eventually need to be repaid.


Nobody Wants Free Money

Provided By: Associated Content, Inc.

Do you want scholarships to assist in the high cost of college? The answer should be "of course," and this is where it may vary. There are a lot of misconceptions about scholarships floating around, making it seem like an impossible task to obtain one.


Before You Apply...You might ultimately make your decision about which college to attend based on cost, but don't begin by assuming that you can't afford a private college or university, or that one school will cost you more than another--regardless of the prices listed in catalogs.

In many cases, it costs no more to go to a private college than a state school. In fact, for low-income students, it may cost less to go to a private school. So keep an open mind and don't write off any schools until you've compared the final costs.

Tips on applying

Meet deadlines. You snooze; you lose. It's essential that you know the deadlines for the schools you are applying to and ask which applications get priority. At some schools, it's first-come, first-served: funds are awarded as applications are received. At other schools, applications that come in after a specific deadline receive lower priority. By meeting or beating deadlines, you'll also have your award notices back from schools in time to compare offers between colleges (and perhaps even negotiate a better deal).

Warn your parents. In order to fill out financial aid forms, your parents will have to do their taxes earlier than they might typically do them--preferably in early January.

But don't use estimated data! Using estimated data on the FAFSA (Free Application for Federal Student Aid) can delay your application and lead to problems if the estimates aren't accurate. So always make sure the information you provide is correct.

Neatness/completeness. Financial aid administrators are constantly dismayed by what students submit: applications that are coffee-stained, written in pencil, illegible, sloppy, or incomplete. Be absolutely sure your application is neat and clean, and that all questions are answered.

Ask for help. Call the school's financial aid office if you have any questions. Many schools have toll-free numbers, and their staff will be happy to answer your questions. After all, it's much easier for them to address your concerns while you're filling out the forms in mid-December than to have to call you back in March.

Keep copies. Keep a folder with a copy of every application you fill out.

The FAFSA. Everyone should file the FAFSA online in English or Spanish at www.fafsa.ed.gov, or file the paper form. This determines your eligibility for federal loans and grants and for most state loan, grant, and scholarship programs. Be sure to check out your college's and your state's deadlines for filing the FAFSA. Even if you're not eligible for any federal or state aid, filling out the FAFSA may make you eligible for aid from the school's own funds and for federal education loans, which have lower rates than their commercial counterparts. File FAFSA as soon after January 1st as possible, right after your parents get their taxes done. Double-check your application to be sure your social security number and other details are correct. FAFSA has a great helpline: 800-433-3243.

CSS PROFILE. This form is used by many private colleges to award aid from their own funds. It asks different questions than the FAFSA. You can fill it out online at www.collegeboard.com. (Click on "For Students" and look under "Pay for College," or call 305-829-9793. Cost: $5 registration fee online, or $7 by phone; plus $18 per school.)

Local scholarships. These are among your best bets. Many organizations want to give their money to local students. Take the time to apply for these scholarships--a lot of students don't. Apply for any whose qualifications you even remotely meet. For scholarship details, check with your high school guidance office, and call your town hall, your Congressperson, and local organizations such as the Rotary or Lions clubs.

Ask each college what its policy is toward these "outside awards." Many schools used to deduct outside awards from the grant they gave you, possibly leaving you no better off. But many now deduct from the amount your family needs to pay or the amount you need to borrow.

Scholarships for students attending Christian schools.
What about Christian-specific financial aid and scholarship resources? You should research what is available both locally and globally. Talk to your youth leader or another member of your church. Many larger congregations have educational advisors or counselors who can help you. You should also visit the website for your church or denomination (for example: www.elca.org, www.sbc.net, or www.disciples.org). Check these websites for financial aid information and for links to Christian schools; then check the financial aid website for each school.

Get help online. Free financial aid information is available at www.studentaid.ed.gov (English or Spanish) or www.finaid.com, and at the National Association of Financial Aid Administrators, www.nasfaa.org (click on "Parents and Students").

Scholarship search companies. Some scholarship search sites are completely free. Others, like www.findtuition.com, offer subscription services at a moderate cost. As a general rule, it is not necessary to use expensive scholarship services, as the same information is readily available elsewhere for little or no cost.

Tax credits and tax deductions. There are two tax credits and eight different tax deductions for college costs. Go to www.irs.gov and search for Publication #970, "Tax Benefits for Education," or call 800-829-3676 to request a copy.

Making a final decision

Compare offers. Compare the true cost to you of each college's aid package. Which expenses are taken into account (i.e. travel, books, full room and board)? How much of the aid is in grants (which do not need to be repaid)? What will happen with outside awards (that is, scholarships)?

Speak up! Never take anything from the financial aid office as gospel. Call and politely make your case for a better aid package. Supply any facts on your family's financial situation that would strengthen your case, and ask about any merit awards that might be added to your package. If your first-choice school has sent a less generous offer than another school, tell the school that it is your first choice and ask if it can make any adjustments. It never hurts to ask!

Ask about employment. Employment is often available, even if you have not been given a work-study award.

Look beyond the aid package when deciding on a school. If College A is the school you really want to attend, but College B is giving you a better package, it might be worth it to you and your family to sacrifice a little more. Even if you have to borrow more now, getting the best education will more than pay off in the long run.

Tips for filing the FAFSA online:
> The official Department of Education site is www.fafsa.ed.gov. Filing is free, so don’t be tricked into using one of the sound-alike sites that try to charge you.
> If you enter your e-mail address, you will receive your approved application back only via e-mail, so check your e-mail every day (you’ll get a response within a week). Watch out: spamblockers may filter out the e-mail they send you, so don’t delete the application by mistake.
> You and your parents must “sign” the form electronically with separate PIN numbers. Well before you fill out the FAFSA, apply for these numbers at www.pin.ed.gov. If you leave off the PIN, your application will not be processed, and you could miss the deadline.

Article by Deborah Knight and courtesy of www.careersandcolleges.com

You are probably aware that women and minorities continue to be underrepresented in engineering and computer science. However, if you are a member of an underrepresented group and plan to pursue a graduate degree in technology, this might actually be good news when it comes to securing grants, scholarships, fellowships and assistantships. In addition to the financial sources open to all students in these areas, there are funding resources targeted specifically to you. But finding and securing these funds can be an intimidating process. Understanding the sources and types of funding can make the process a bit easier.

Funding From Universities

The majority of funding for graduate schools comes from the colleges and universities themselves. Begin your search with the schools that you are interested in attending. If you are applying to MIT's Department of Electrical Engineering and Computer Science, for example, contact them first about sources of funding. If you plan on pursuing a Ph.D. in mechanical engineering at the University of Illinois at Urbana-Champaign, check out their Web site for sources of funding, application procedures and deadlines.

Financial resources available through specific departments are usually open to all graduate students, but occasionally there are monies targeted to specific groups. For example, the College of Engineering at the University of Illinois at Urbana-Champaign, has the SURGE Fellowship Program to support underrepresented groups in engineering.

Don't limit your search to specific departments. Universities also have their own grants and fellowships that can be awarded to graduate students in any program. Be sure to visit the financial aid Web site of colleges you are interested in attending for information on such grants, which can be based on need, academic excellence, ethnicity, race or gender.

Most colleges with graduate schools in engineering and computer science also have women in engineering and minority engineering programs. These programs offer academic resources and support for women and minority graduate and undergraduate students, and the programs often administer scholarships and fellowships, as well. But even if they don't administer funds, they are a great resource for information on other sources of aid for those seeking advanced technical degrees.

Outside Sources

Of course, you shouldn't limit your search to the colleges or programs where you plan on applying. A major source of both scholarships and fellowships often overlooked by students is third-party aid. Each year, graduate students receive millions of dollars in aid from professional organizations, businesses, government agencies and local groups.

Begin your search with professional associations in your field of study. Professional associations for specific disciplines like the American Society of Mechanical Engineers, the Society of Manufacturing Engineers, and the Institute of Electrical and Electronics Engineers offer graduate scholarships and fellowships to help the next generation of engineering professionals, with many targeted at underrepresented groups.

Don't forget about professional organizations whose entire purpose is to increase the number of women and minorities receiving undergraduate and graduate degrees in science and engineering (sidebar "Graduate Funding Sources for Women and Minorities" for a list of some of these organizations). The Society of Women Engineers, The National Action Council for Minorities in Engineering, and Society for Advancement of Chicanos and Native Americans in Science are just of few of the organizations offering graduate funding to underrepresented students.

Another source of funding is corporations and government agencies. Corporations including IBM, Hughes Aircraft Company, AT&T, Microsoft Corporation, and many others offer scholarships and fellowships for women and/or minorities pursing graduate studies in computer science and engineering.

On the federal level, the National Science Foundation is one of the largest contributors to graduate fellowships and research grants in the nation. Other agencies-including the Department of Defense, the U.S. Naval Research Laboratory and NASA, to name a few-offer funding programs for underrepresented groups pursing advanced degrees in science.

Getting Started

So when should you begin the process of seeking financial help for graduate school? "Women and minority candidates should start the process a year before they are ready to attend graduate school," says Dwight Lewis, director of Multicultural Programs at Purdue University in West Lafayette, Ind. "Most of the major fellowship and grant opportunities have strict deadlines for students applying for their funding, so get your information in on time."

Not only is it important to start early, but you should also be very organized in your search. Scholarship, grant and fellowship applications are often very lengthy and may include multiple parts, such as transcripts, applications essays and letters of recommendation. Competition is fierce and review committees are looking for any excuse to dismiss applicants. Don't give them an easy reason to toss your application in the garbage by submitting a late or incomplete application.

Also, make sure that you seek help. Talk to your professors, network with friends, and contact the graduate and financial aid offices at the schools you are applying to. Do whatever you can to find out as much as possible about potential funding sources.

Finding funding for graduate school can be hard work, but it's effort that pays off in the end. Think of it as your first graduate level research project.

Graduate Funding Sources for Women and Minorities

Need help finding funding sources in computer science and engineering? Here is a list to get your started:

The Women in Engineering Programs and Advocates Network (WEPAN)
www.wepan.org

Society of Women Engineers (SWE)
www.swe.org

The National Consortium for Graduate Degrees for Minorities in Engineering and Science, Inc.
www.gemfellowship.org

Society for Advancement of Chicanos and Native Americans in Science
www.sacnas.org

National Society of Black Engineers
www.nsbe.org

The National Action Council for Minorities in Engineering
www.nacme.org

The American Indian Graduate Center
www.aigc.com

The Hispanic Scholarship Fund
www.hsf.net

The Ford Foundation Diversity Fellowships
www7.nationalacademies.org/fellowships

Graduate Women in Science
www.gwis.org

Society of Hispanic Professional Engineers
http://oneshpe.shpe.org

The Society of Mexican American Engineers and Scientists (MAES), Inc.
www.maes-natl.org

American Indian Science and Engineering Society
www.aises.org

Article by Chris Enstrom and courtesy of www.careersandcolleges.com


Provided By: Associated Content, Inc.

Let's face it, college is expensive. It consumes 25% of the annual median household income. It's not getting any cheaper either, tuition on average rises 7% per year. In response to the rising cost of tuition, the federal government has a great number of programs that were created in order to help students who cannot quite pay for college to get there.


A Guide for High-Talent Students Attending Private Colleges

Provided By: Associated Content, Inc.

Scenario: You're a talented student with high financial need who's been accepted to some of the country's top private colleges and universities. You're going to college no matter what, but your financial aid package could determine where you enroll.


Understanding Federal Pell Grants, Student Loans, and Work Study Programs

Provided By: Associated Content, Inc.

College preparation is a large focus of every high school student's senior' year. For many, the frustration of financing the college tuition may lead to many not pursuing a college education simply based on fear of the financial struggle.



Provided By: Associated Content, Inc.

There are many different things that can assist you if you are a university student in search of college grant money. The best thing that you can do is apply for as many college grants as you can. Obviously the more you apply for, the greater the chance will be of receiving financial assistance.


For Which Programs Do You Qualify?

Provided By: Associated Content, Inc.

College financial aid has become a necessity for most college students and graduates. Colleges and universities are becoming more expensive, thus putting a financial strain on students and parents. Students who are not financially able to pay for their tuition can apply for college financial aid from the federal government.