Thursday, March 24, 2011

Schools Offer Their Grant Awards To Students As Scholarships For A Variety Of Purposes

By Michelle Conner

When colleges and universities provide scholarships to study with them, that scholarship money sometimes come from grants. Public and private agencies award colleges and universities throughout the United States grants that these institutions in turn use to recruit students, help existing students to continue studies and more. Several colleges and universities this year have also formed partnerships as a means of helping transfer students with associate degrees more easily afford continued studies toward a bachelor's degree. Some also are repaying a portion of student loans - or forgiving students of their loan debts. These types of partnerships along with college grants information, can make a serious dent in the costs of your degree.

Students in Washington, DC, are to benefit from a $3.7 million US Department of Education grant to one institution. The grant money, awarded to that university, is to provide for scholarships. Among the scholarship recipients: students undergoing training to become "high poverty" school teachers, the university grant announcement suggested.

In Georgia, where Spanish speakers are among the fastest growing segments of the population, a college is converting a seven-year grant into scholarships for their continued studies. The grant provided to the Athens-based institution is from the Goizueta Foundation, and it's for $2.4 million. Applicants would have to demonstrate a financial need in order to qualify for the institution's transfer, opportunity and leadership scholarships, a report from the institution noted.

The difference between these scholarships has to do with who qualifies. For example, freshmen students with financial needs might consider the opportunity scholarships that they can renew. Students who have obtained associate degrees and might not otherwise be able to pursue bachelor's degrees might look toward that Georgia institution's transfer scholarships. In order to qualify for leadership scholarships at that college, students would have to demonstrate academic achievement and more, the announcement from the institution suggested.

In Indiana, students who obtain loans from the Questa Foundation could have as much as 75 percent of those loans forgiven by at least one college. The Questa Foundation provides student loans of up to $20,000 for four years and forgives 25 percent of loan balances immediately after graduation in instances where students graduate with a minimum 2.75 grade point average. Then, about five years after Questa scholars graduate, the foundation forgives another 25 percent of the loan balance in instances where that student lives and works in certain parts of Indiana. Now, this college is pitching in - by partnering with the Questa Foundation and paying another 25 percent of a Questa scholar's student loan balance after that student graduates.

It's not uncommon for colleges and universities to provide students with scholarships for specific studies. In many instances, these scholarships also are paid for with help from grants. A university in New Orleans is now reducing student loan debt by as much as 85 percent, thanks to a federal grant intended to boost the number of professionals in a certain area. There are many opportunities to be found online by looking up school scholarships.

The grant, for $23,000, was awarded to that southern college by the federal government as part of a Nurse Faculty Loan Repayment Program. With help from the grant, nursing students might be more inclined to obtain graduate degrees and become nurse educators, where they can fill a need, the announcement from that college suggests. That's because students who earn graduate nursing degrees can have as much as 85 percent of their graduate degree loans forgiven in exchange for working for four years full-time as nurse educators, the grant announcement noted. Students studying at this university to become primary care providers can also receive scholarships, in this instance with help from a $124,000 federal grant, a report noted.

About the Author:


Post a Comment

This Blog is DoFollow. Please write only valuable comments.Sorry for comment moderation is on.

Note: Only a member of this blog may post a comment.