Schools Offer Their Grant Awards To Students As Scholarships For A Variety Of Purposes
Throughout the country this year, colleges and universities received millions of dollars in grants. The grant money, provided by public and private agencies, in many instances is being converted to scholarships that don\’t have to be repaid and can help students reduce the debt they might otherwise incur in working toward a college or university degree. In some instances, colleges and universities this year have also obtained grants and formed partnerships to reduce the amounts students have to pay as part of loans obtained for their studies. It is partnerships like these, as well as course online, that allow many students to earn their degrees.
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.
As part of a new agreement between an Indiana-based college and the Questa Foundation, that college\’s students with Questa Foundation loans of up to $20,000 can now have a good portion of those loans forgiven. When students have grade point averages of 2.75 or better, the Questa Foundation forgives 25 percent of the balances on student loans right after graduation. When students work and live in areas within Indiana, the foundation then forgives another 25 percent about five years after graduation. The Indiana college, as part of the new partnership with the Questa Foundation, is pitching in to cover another 25 percent for its graduates.
Another institution is also alleviating students of their loan burdens. In this instance, it\’s a famous New Orleans college that\’s relieving students of up to 85 percent of their loan debts in instances where they pursue certain studies. The New Orleans institution is accomplishing this with help from a grant. Looking up free college scholarships information will show you many degree options and savings programs.
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.
Some private and public agencies provide direct grants to help students pay for degree courses online or on-campus. The Pell Grant, for students with financial needs, is one of them. Schools also receive grants that they offer to students as scholarships for a variety of purposes. For assistance with these programs, contact Education Connection.
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