Already have your heart set out on a certain degree offered by one of the accredited schools online or offline? That’s great, but have you considered the financial aspect?
Degree programs at accredited online universities or traditional ones are highly expensive these days. So most likely, you’ll need some additional financial help to be able to cover your higher education expenses.
It’s a common problem students attending accredited schools online or on-campus have today. But fortunately it can be easily solved with the help of scholarships.
Students attending accredited online universities or traditional ones have many options when it comes to financial aid. One would be to apply for student loans. But scholarships are the better option. Why? Well chiefly because you don’t have to pay them back once you gradate from your program.
The majority of colleges offer scholarships aimed to cover at least part of students’ degree programs. So if you have already been accepted at a university make sure to enquire whether or not they have any scholarships available. Chances are they do.
Most universities have scholarships aimed towards academically brilliant students, so you might not be eligible to apply. If that’s the case for you, then you might want to look towards other institutions and foundations willing to sponsor your studies.
Here’s an example. The Salvadorian American Leadership and Educational Fund (SALEF) is offering a scholarships aimed at students of Central America and/or other Latino ethnicity.
To be considered for the award you must be studying in the Sand Francisco Bay Area, Los Angeles Area, or San Fernando Valley. A minimum GPA of 2.5 is also required.
You also need to demonstrate financial and the willingness to give back to the community by completing up to 52 community service hours assigned by SALEF.
On top of that, interested parties must submit a series of materials including two letters of recommendation, a personal statement (of 1,000 words) discussing a series of topics and the official transcripts. A copy of his/her parents’ federal tax return or proof of family income should also be included, as well as a copy of his/her SAR as generated by the FAFSA.
The scholarships are between $1,000 and $5,000 and are non-renewable. So you will only get them once.
We should also note that the scholarship is open for students at all levels. So it doesn’t matter whether you’re a high school senior or a community college student. You could be enrolled with a master’s or an associate degree, you can still apply for the scholarship.
While the deadline for this year has passed (June 15), you would do well to bookmark this page and come back to it next year. The grant has been established since 1998, so it’s very likely the program will continue next year, as well.
This is just one example of how you can get funding for your college degree. Depending on your unique set of characteristics (like race or field of study) you will be able to identify many more funding programs to apply to.