Posts Tagged college students

Great Reasons to Complete your Degree

A university education is one of the best possible ways to insure your earning power upon graduation. There are all kinds of fields and all kinds of majors, some paying higher than others but as a rule, college graduates will earn more money over the course of their lifetimes than those who do not have a college education or degree.

We live in a world that increasingly demands more of its citizens. We need to have the ability to hold academic conversations on the corporate level that go well beyond the score in last nights basketball games. Companies’ want well-rounded employees that epitomize all the great things that a four-year degree has to offer. For this reason, even those who have labored in order to gain an associate’s degree are getting left behind in favor of those who have a more ‘complete’ education.

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The College Scholarship Penalty – Don’t Get Bitten

The scholarship penalty is a little known college policy which reduces money available to college students due to scholarship monies they receive.   Scholarships are looked at as a common solution to the college funding problem. Scholarships from organizations such as the DAR, Rotary, Wal-Mart, a local church, the Gates Foundation, or other similar organizations make up only 2% to 3% of the money that is available to help send students to college; but from they attention they receive, you would think the amount available would be much higher. But there is a greater problem with external college scholarships.

External college scholarships are those scholarships which a student acquires by applying to an organization other than the college or university the student attends. Internal scholarships (or merit awards) are those funds awarded directly to a student, typically for academic achievement. Internal scholarships are always good and should be pursued at all times. External scholarships have a penalty which is rarely discussed.   The standard policy of colleges and universities across the United States is to reduce the financial award the school would otherwise give you by the amount of money in outside scholarships the student receives.

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How to Get an Academic Scholarship

An academic scholarship (also known as a merit scholarship) is awarded to someone who has shown excellence in a particular subject, course or field of study. Often they are awarded to graduating high school students, in preparation for their college years but even mature age college students can be eligible.

Where to get Academic Scholarships
Many businesses and foundations will hand out high paying scholarships to bright students who are undertaking study in a particular field of study. There are many such scholarships in the industries of business, science, engineering and mathematics. Some scholarships do not focus on particular industries whilst others are quite specific.

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