The news is loaded with stories about escalating tuitions and the cost of living increases while going to school. Don’t let the media fool you, where there’s a will, there’s a way to finance your personal advancement. Some diligent spade work can unearth an incredible wealth of colleges online. Here are five tips to help you achieve a better education:Formerly known as the Basic Equal Opportunity Grant, this is money provided by the Federal government. What’s important about this grant is the recipient doesn’t have to pay it back. You must fill out a Free Application for Free Student Aid (FAFSA Grant) to determine one’s Expected Family Contribution (EFC). If qualified, the applicant can get nearly $5,000. Not enough probably pay all the costs, but a good start.
A lot of schools have very generous trust funds. They are set up specifically to provide scholarships and grants. Harvard is so cash rich it bases its tuition as much on need as merit. The best thing to do in this situation is to consult your university and just plain ask. You’d be surprised how quickly they’ll point you to the money. After all, they don’t get paid from the student tuition, not the grant that enabled the tuition.
There are a number of companies out there who have also set up their own trust funds. They figure taking the financial burden off a higher education is a good way to recruit a higher quality work force. A good place to start sourcing these grants is Scholarship America. It’s best known for two particular programs, Dollars for Scholars and the Scholarship Management Services. You’d also be surprised who coughs up the money. For instance, Disney finances the California Institute of the Arts, which in turn has become a great source for their animators.
The military also provides assistance. After graduation, applicants are obligated to do military service, but that also looks quite good on a resume. How effective is this program? 56% of the Army, Navy and Air Force graduate from each armed service’s respective Reserve Office Training Corps (ROTC).
Simply go to Google and type in scholarship programs. The engine will spit out nearly 2.5 million different entries for apply for a pell grant online. That’s a virtual ton of educational programs, and will no doubt involve some sort of advance searching to refine that 2.5 million to your specific needs. Still, with a clear objective in mind and some time, one can no doubt come up with more than a few private organizations that will be glad to help.