Blogs

(New scholarships posted everyday)

Students Seeking Education by Experiencing Academic America (S.E.A.)

an Houston, Texas based mentoring program for high school students, students at risk, and college bound students who want to attend an Historically Black College / University. (HBCU).

S.E.A will post a scholarship list for minority students each day. If you are a high school senior, junior, or an transferring college student, these scholarships are for you. FREE MONEY! We all know through life there is nothing Free, you have to apply to receive this money. Your cost is time. The time it takes to fill out the scholarship application.. Look for the S.E.A. blog each day, highlighting a new scholarship listing 2010 / 2011.

The Basics Of School Loans

At one time all you needed was a high school diploma in order to attain a good occupation. Nowadays, it's a different story, a college degree is virtually mandatory for any type of good-paying occupation. Alas, college is extremely costly. Even when you attend a state school with discounted in-state tuition, college costs frequently surpass those of autos and houses. Although most families don't have the funds to *ante up for a multi-year college education, assistance is obtainable in the form of a *school loan.

The school loan is available in two different flavours. The need-based school loan is for people who need help with paying for an education and are configured to meet part of the educational costs. The non-need based loan helps to pay a share of the family contribution when cash is tight.

For both graduate and undergrad pupils, the *Fed Stafford Loan offers up a simple-interest, *collateral-free, government secured school loan. While the student remains in school, interest accumulates at a lesser rate. The rate of interest is fixed and doesn't adjust up or down during this time. Once the Stafford school loan is taken out, there is a rate of interest ceiling that's imposed. At no time during the lifetime of the loan can the rate of interest rise above this ceiling. When the student leaves school or graduates, they're afforded a six-month goodwill period before they have to *commence repayment of the loan.

The Federal PLUS school loan, or Parent Loan for undergrad Students, is akin to the Stafford loan. Its non-need based, and is also no-collateral, simple interest, and government secured. PLUS loans permit parents of undergraduate students to borrow up to the full amount of college costs, less any fiscal aid, grants, or scholarships. PLUS loans are up to ten years in length and there is no penalization to prepay the loan in full. Parents can start payment while the student is still registered in school.

These loan options occasionally don't cover every cent of all college expenses. When there is a gap between loans and true costs, alternate loans may be looked for. A lot of lenders offer up private student loans that are *akin to the government student loans. They have low rates, no charges, deferred payment, and multiple repayment choices. A different option is for parents to borrow against their house equity to finance college training.

Although this alternative offers income tax advantages, a home equity loan doesn't have the same sort of flexibility as federal student loans. For instance, when fiscal hardship arises, federal student loans may be placed in *forbearance. Home equity loans cannot. Besides, loans can be consolidated into one student school loan that has adaptable repayment choices. Home equity loans commonly only have one repayment option.

Learn a lot more about school funding at school loans.

By James Hunaban

The Student Loan

The rising costs of college tuition have made it almost a necessity to apply for a student loan today. Students not only have tuition costs, but the cost of books, meals, gas, cell phones, recreation, etc. The variety of student loans enables students to take care of their varying college expenses. A student loan however, is a loan that must be repaid under specified circumstances.

Each of the following are student loans with differing conditions and time frames for repayment:

Virtually any school or program will allow you to utilize the Direct Student loan, Guaranteed Student loan or PLUS loan. It is very important to thoroughly research all available options for funding long-term education. Your future is tied to your funding, which is your student loan.

John Williams is the student loan blogger at http://studentloan.blogspot.com. He reviews student loans and interprets often complicated financial data into simple to understand language.

By John Williams Article Source: http://EzineArticles.com/?expert=John_Williams

SCHOLARSHIP OF THE DAY

9-13-2010

The Elie Wiesel Prize in Ethics Essay Contest

Scholarship ID: 119925

Scholarship Description: The Prize in Ethics Essay Contest is an annual competition designed to challenge college students to analyze the urgent ethical issues confronting them in today's complex world. Full time Juniors and Seniors at accredited four-year colleges and universities in the US are welcome to enter the Essay Contest and compete for $10,000 in prizes and the opportunity to meet Elie Wiesel in New York City.

Contact: The Elie Wiesel Foundation for Humanity

Address: 555 Madison Avenue

20th Floor New York, NY 10022

Phone: 212-490-7788

Fax 212-490-6006

Email Address: Alexandrea@eliewieselfoundation.org

Application Deadline: February 12, 2011

Number Of Awards: (5) FIVE

Maximum Amount: See Description

Website Address: http://www.eliewieselfoundation.org

For more information about the Essay Contest or The Elie Wiesel Foundation,

please visit: http://www.eliewieselfoundation.org

GO TO SCHOLARSHIPS.COM http://www.scholarships.com/Award.aspx?AWARD_ID=14

p.s. If you need help in your scholarship search, please contact S.E.A. c/o

NORRIS COLEMAN @ mr.nncoleman@yahoo.com

*As part of S.E.A. Mentoring Program, we want to build our Mentees vocabulary. S.E.A. has chosen to italicize words and statements in blue for our Mentee to understand and use in their vocabulary

(New scholarships posted everyday)

Students Seeking Education by Experiencing Academic America (S.E.A.)

an Houston, Texas based mentoring program for high school students, students at risk, and college bound students who want to attend an Historically Black College / University. (HBCU).

S.E.A will post a scholarship for minority students each day. If you are a high school senior, junior, or an transferring college student, these scholarships are for you. FREE MONEY! We all know through life there is nothing Free, you have to apply to receive this money. Your cost is time. The time it takes to fill out the scholarship application.. Look for the S.E.A. blog each day, highlighting a new scholarship listing 2010/2011

All about the FAFSA

The Free Application for Federal Student Aid, or FAFSA, is the main application for most federal aid programs. The FAFSA seeks to determine an individual’s ability to pay for college, and according to the Department of Education, the previous year’s tax information leads to the most accurate assessments. Questions will be asked requiring both your 1040 and your W-2’s, so (if you have them) you will need both those documents to complete the FAFSA.

In the winter or spring before you are set to begin college, you will need to complete a FAFSA on the Web in order to apply for federal aid. Applications are available on January 1 each year, and you’ll have to do a new application for each year you are in school. FAFSA deadlines vary by state and can occur as early as the February before the first semester in which you’re requesting financial aid.

If you are an *undergraduate student who is under 24, isn’t married, doesn’t have kids, and is neither a veteran nor a foster child or emancipated minor, you will need to use your parents’ tax information as well as your own, regardless of who is responsible for paying your tuition. However, if you are *estranged from your parents, it may be possible to *appeal through your school’s financial aid office. Appeals can also be made based on changes in your financial situation not reflected in your previous year’s income taxes, such as the loss of a job. WWW.FAFSA.GOV

SCHOLARSHIP OF THE DAY

9-12-2010

Federal Supplemental Educational Opportunity Grants Scholarship ID: 93063

Scholarship Description: The FSEOG Program provides need-based grants to low-income undergraduate students to promote access to postsecondary education. Students can receive these grants at any one of approximately 4,000 participating postsecondary institutions. Institutional *financial aid administrators at participating institutions have substantial flexibility in determining the amount of FSEOG awards to provide students who are enrolled or accepted for enrollment. Priority is given to those students with “exceptional need” (those with the lowest expected family contributions at the institution) and those who are also Federal Pell Grant recipients. Financial need is determined by the U.S. Department of Education, using a standard formula to evaluate the financial information reported on the FAFSA and to determine the family’s expected family contribution (EFC). After filing a FAFSA, the student receives a Student Aid Report (SAR), or the school receives an Institutional Student Information Record (ISIR), which provides the EFC.

Resource: http://www.scholarships.com/Award.aspx?AWARD_ID=24

For more information, visit http://www.ed.gov/programs/fseog/index.html

Contact: Federal Student Aid

Address: PO Box 84

Washington, DC 20044-0084

Phone: 800-4FE-DAID

Application Deadline: Varies

Number Of Awards See Description

Maximum Amount $4,000

Website Address: http://www.ed.gov

p.s. If you need help in your scholarship search, please contact S.E.A. c/o

NORRIS COLEMAN @ mr.nncoleman@yahoo.com

*As part of S.E.A. Mentoring Program, we want to build our Mentees vocabulary. S.E.A. has chosen to italicize words and statements in blue for our Mentee to understand and use in their vocabulary