Dollars for Scholars
NOTE: Parts of this article can apply to laid off workers
Every
year thousands of college students are funded through scholarships, grants and
other aid from private sources. Though
a scholarship search takes an enormous amount of time and effort, it’s
worthwhile since this type of financing is the best-there is no obligation for
repayment as with loans. Give
yourself as much time as possible and use every reference sources available to
you:
Ask your family and
friends. They may be able to
tell you about employers, community groups, unions, local businesses, alumni
organizations, and churches that offer scholarships.
Check with high
school guidance counselors, your state department of education, the federal
Department of Education (Inspector General’s office: 1-800-MISUSED).
Request a free booklet titled The
Student Guide from the
Note: When contacting your
state agency, ask about the Robert C. Byrd Honors Scholarship Program (for
students who have demonstrated outstanding academic achievement) or about the
Paul Douglas Teacher Scholarship Program (for students interested in pursuing a
teaching career and willing to make a commitment to teach two years for each
year of scholarship assistance received). When
contacting the
Contact your
community organizations and civic groups such as the chamber of commerce,
the American Legion, the YMCA, 4-H Clubs, Kiwanis, Jaycees, and the Girl
Scouts and Boy Scouts.
Check with private
organizations such as veterans, women’s and minority groups; religious
organizations; and the fraternity or sorority of which you were a member.
These fraternal organizations often have scholarship funds for
“legacies,” children of former members.
Investigate
organizations connected with the student’s field of interest
such as the American Medical Association or the American Bar
Association.
Enlist the aid of a
reference librarian to help search out the obscure scholarships for which
few apply because few know about them. Some were established years ago for
specific careers. In
Computerized
scholarship searches are available for a fee. Scholarship information can be
accumulated without cost, but the task is very labor intensive. Be sure to
note the deadlines (May 1 for a Pell Grant, with no extension) and
requirements for each scholarship. Requests for additional information
should be clear, concise, and neat.
One very good, very reasonably priced scholarship search service is
College Resource Materials of San Antonio, Texas (1-800-545-8616 or
512-614-5919). Owner Cynthia Ruiz Mckee developed her business out of a need to
find tuition money for her son, who ultimately went to Yale on full scholarship.
A generic package with forms, calendars, sample letter applications, and an
overall list of available scholarships can be purchased for $29.95. For $99.95
you can get a more comprehensive package tailored to the student’s specific
area of study. Students also get tips on
how to fill out forms and applications, receive updates on new
scholarships as they become available, and can continue to
confer with the service until their education is completed.
According to Mckee, older students have almost as much opportunity for
scholarship assistance as those out of high school. Also, students from
middle-income families can qualify nearly as often as those with low income.
Ideally, advises Mckee, begin your search as early as seventh grade. The
money is out there waiting to be found. For example, one determined Washington,
D.C., high school senior applied for fifty to fifty-five scholarships and got
seven totaling $29,000, more than enough to
pay her first year’s tuition at Princeton (around
$22,000 for 1991-1992). Another young lady from
Students who have not achieved high academic records should not be
discouraged from searching out scholarships and grants. Many are awarded for a
particular talent, ethnicity, religious affiliation, or even place of residence.
Dollars for
scholars: Barron’s
FREE
THINKERS
If your prospective college student meets the entrance
requirements to Cooper Union in