How to Get the Desired Scholarship

Every student thinks about getting a scholarship but those who really try for it are few. There is no doubt that competition level is very high and numerous students apply for a single program but at least an application raises a hope of winning it.

The first step in getting a scholarship is to know what it is and how it will be gained. What is a scholarship? It is a financial aid provided to a student to let him/her study further without worrying about the cost of it. They cover the educational cost of a student. The answer to the question does not end here. It is necessary to know the different types of such financial grants available. There is no hard and fast rule to award a financial grant to students. Although every university or college scholarship is awarded on the base of individual rules and regulations decided by the board, but the main types of it are almost similar in every institution.

The first and the most renowned type are called the talent based grants. Such type of grant is only for those brilliant students who have performed exceptionally in their past studies. Therefore this section is reserved for the at top. The next category is known as need based grant. This sort of grant is awarded on the need basis of a student. The need base means that a student does not has a financial capability to meet the future cost of fees therefore the institution will bear the expenditures and will provide a free tuition. Then comes the athletic grants. They are for those students who were good at sports in their previous records. Students are also offered several grants if they had performed well in dramas, art, music and other similar activities.

Once you know the types, then comes the next question. How to get them? This question has no straight forward answer. The reason is that every college or university has its own rules regarding the process. Majority of the institutions now provide the latest opportunities over the internet and allow the students to apply for them over there. However there are still certain institutions which require you to visit their campuses and fill out an application form. Make sure you fill the form correctly other wise don’t expect to be awarded.

You know your category of the scholarship and you should apply for the relevant one.

Let Me Remind You Students That You Are Victims Of Rich White Men

White Men are the oppressors we are told by Social Justice Warriors – but as a white male, I am not out to oppress anyone. Now if you want to play victim and use that as an excuse – go for it – doesn’t bother me much – but if you want to accuse me of something that is false, I am going to call you out on it. Hence, this here article – oh, and keep reading because, I’ve been listening to the Social Justice Warrior BS for long enough – and to me it’s all nonsense and just an excuse for not succeeding.

Who said life was supposed to be easy, it wasn’t for me, not in sports, business, politics or in my non-profit endeavors, heck back when I was in school, that wasn’t easy either, and no one was giving away trophies, certificates or free Pop Tarts and Kool-Aide for mere participation. I suppose now they want free $5.95 Frappachinos with Carmel Drizzle on top.

We have a serious problem brewing in our society and it is getting out of control, we now have college and university professors lecturing on equality, sustainability, social justice, racism and yes, White Privilege. These same professors say that President Donald Trump is a rich white man and an example of the problems in America, I guess this time around they were interested in having a white woman president, since the last Black Male President fell short, even as his supporters and academic socialist apologetics attempted to secure his legacy.

If the professors in our colleges and universities are 90-95% democrat and continue to espouse leftist and socialist political viewpoints, then they are politically bias and working for the Democrat Party. Thus, they are akin to a Super PAC and therefore, shouldn’t receive any public funding, nor should the taxpayer’s bailout the delinquent student loans – 47% currently are over 90-days in default, they are delinquent and in the finance sector should be sent to collection and students should be brought to court. These loans should not be bailed out by you and I, the citizens and taxpayers.

Why should we be paying for these professors? The Democrat Party spent nearly $2 Billion between the DNC, Clinton Campaign, George Soros, and their Super PACs – so why not pay all the professors to continue brain-washing college students to vote for Democrats – why are we the taxpayer’s subsidizing their cushy jobs, incredible benefits and pensions, and now we are expected to bailout the student college tuition loan crisis? I just don’t see why we should?

What Happens If I Default on My Student Loans?

More than 1.1 million Americans defaulted on their federal student loans for the first time last year. When you default on federal student loans, the consequences are severe and can affect several areas of your life. You may experience consequences that include:

  • Wage garnishment: The Department of Education can garnish up to 15 percent of your disposable pay. Unlike private collectors, the Department of Education does not need a judgment to garnish your income.
  • Your balance increases: Your remaining balance immediately becomes due once you default. Unpaid interest and collection fees may also be added to your balance. The latter is especially true for borrowers with FFEL loans.
  • Reduced credit score: Loan servicers will report you to the three credit agencies if your loans remain delinquent for too long. You are also reported to the three credit agencies after defaulting. This can significantly lower your credit score. Having a low credit score can make it more difficult to secure employment, housing or other lines of credit.
  • You lose eligibility for financial aid: You are not eligible for federal financial while your loans are in default. Defaulting on your loans may cause problems if you plan on returning to school.
  • You lose eligibility for repayment plans: One of the major benefits of most federal student loans is that you can take advantage of income-driven repayment plans. You lose these options after defaulting on your student loans. In addition, you also no longer qualify for economic hardship deferments or forbearance.

Can I Get My Student Loans Out of Default?

Depending on your situation, it may be possible to get your federal student loans out of default. Borrowers generally have two options available – the Education Department’s loan rehabilitation program or converting your loans into a Direct Consolidation Loan. Both options may have pros and cons that are dependent on your individual situation.

If you choose loan rehabilitation, you must make nine monthly payments within 20 days of the due date for 10 consecutive months. For Perkins Loans, the requirement is nine payments for nine consecutive months. You can only use the loan rehabilitation program once. Once your loans are taken out of default, you can qualify for helpful repayment programs. In addition, records of the default are removed from your credit report.

Your second option is to consolidate your defaulted loans into a Direct Consolidation Loan. This will consolidate your loans into a single loan with a fixed interest rate. By consolidating your loans, you can exit default within a period of weeks instead of months. However, you may pay more over the life of your loan if your prior interest rate was lower.

National Scholarship: I Have to Pay for College

I Have to Pay for College… Part One: Student Loans

If you are like most high school graduates or thinking of going back to college, the prospect of having to pay for it can be overwhelming if you don’t have a lot of money saved. According to a survey completed in 2015 of 5,000 Americans by marketwatch.com, approximately 62% only had about $1,000 in savings, and another 20% didn’t even have a savings account. Additionally, the average cost of college tuition in America today according to collegedata.com for the 2015-2016 school year is $9,410 for in-state residents at a public college, $23,893 for out-of-state residents attending a public college, and $32,405 for private colleges. These costs do not include text books or living expenses if you are not going to be living at home or with family who can help support you. Finally, there are supplemental expenses to consider such as computers, lab fees, tutoring, etc. So, the big question is, how does a person pay for it all?

The answer is not simple; paying for college usually involves multiple strategies. Assuming you have nothing saved for college, the most obvious solution would be complete the FAFSA, or the Free Application for Federal Student Aid, with the United States Department of Education on their website. By doing so, you will find out if and what types of students loans you may qualify for. This is usually the best option if you have to borrow money to help pay for college, because interest rates are typically lower and the term of repayment is more flexible. However, you should only borrow money if no have exhausted all other options in paying for your education, because a large student loan debt upon graduation can be burdensome. Interest will continue to accrue on your student loan if you wait to start making payments, only adding to the total amount you owe and make paying back your loan even more difficult. Consider any type of loan as if in the same category as an emergency; don’t borrow the money unless you absolutely have to!

I Have to Pay for College… Part Two: Free Money

Have you ever heard the term, “nothing is ever free”? Well, “free money” for college such as scholarships and grants are essentially “free money”, with some other form of cost involved. For example, Fund for Thought requires that you complete and application and write an essay in order to be considered for a scholarship. The cost in this example would be the application fee ($20), and the time spent completing the essay packet. The “cost” is low compared to the possibility of receiving $2000 of “free money” towards college. Scholarships and grants are “free money” because you are not required to pay them back, they are an award for some sort of qualification or achievement.

You should apply to as many scholarships and grants as you can find. The best places to look are scholarship databases online, a high school guidance counselor, or the financial aid office of the university you will be attending. These places usually have extensive lists of current scholarships available, and can help if you have questions about the application. Additionally, local civic organizations, churches, and businesses will sponsor scholarships available to students in their area. Check your local newspaper and community announcements and you may find “free money” with little competition. The bottom line is that if you put in the time to search for scholarships and grants, the chances of receiving “free money” for college are greater.

I Have to Pay for College… Part Three: Scholarship Search

We wanted to elaborate on the scholarship search because there are so many resources out there, it can be a daunting task for the individual scholar. There are several different types of scholarships available, and be categorized by different attributes. We thought that it would be best to compose a list to help give you some ideas and direction when beginning your search.

1. scholarships for high school students

2. undergraduate scholarships

3. masters scholarships

4. national scholarships

5. international scholarships (Canadian scholarships, exchange student scholarships)

6. free scholarships

7. online scholarships

8. full ride scholarships

9. community service scholarship

10. company sponsored scholarships (Pepsi scholarship, Walmart scholarship, McDonald’s scholarship)

11. race/ethnic origin scholarships (native american scholarships, Hispanic scholarship fund)

12. area of study scholarships (journalism scholarships, law school scholarships)

13. scholarships in areas of need (teach scholarship, early intervention scholarship)

14. merit based scholarships based on academic or sports achievement

This list is by no means extensive, but the goal is to get you started. Receiving free money for college is possible for everyone. By applying to as many scholarships as you can, you will increase your chances of an award.