Awards Students Pay for Higher Education
Dec 19th, 2007 by Study Abroad
Good news for the university/college students that USA Funds(R), the nation’s leading education-loan guarantor, announces that it is accepting applications online for a total of $3.2 million in scholarships to help univerisity and college students from low-to-moderate-income households.
USA Funds will award more than 2,100 USA Funds Access to Education Scholarships(R) to qualified students nationwide for the 2008-2009 academic year.
The program is offering $1,500 scholarships to qualified full-time or half-time undergraduates and to full-time graduate and professional students. Applicants for the scholarships must be enrolled or plan to enroll in coursework at accredited two- or four-year colleges, universities or vocational/technical schools beginning with the fall-2008 term through Feb. 1, 2009. Due to funding reductions imposed by federal legislation, USA Funds offers these scholarships as one-time awards. If subsequent financial conditions permit, USA Funds will provide renewal awards and will notify scholarship recipients how to apply for renewal awards.
The program assists students from households with annual incomes of $35,000 or less.
Make sure you make your application soon as the application deadline is Feb. 15, 2008.
For complete eligibility information and to apply online, students should visit http://www.usafunds.org/scholarship on USA Funds’ Web site. A Spanish-language version of the scholarship information and online application is available from http://www.usafunds.org/beca.
Scholarships awarded under this program to residents of Alaska, California, Idaho, Oregon and Washington state are made possible with the support of College Spark Washington.
Headquartered in Indianapolis, USA Funds is a nonprofit corporation that works to enhance postsecondary-education preparedness, access and success by providing and supporting financial and other valued services. During the year ending Sept. 30, 2007, USA Funds guaranteed education loans totaling $25.8 billion for students and parents throughout the nation. USA Funds serves as the designated guarantor of federal education loans in eight states: Arizona, Hawaii, Indiana, Kansas, Maryland, Mississippi, Nevada and Wyoming. USA Funds also invests $16.3 million annually in scholarships and outreach programs that advance its mission of support to higher education. For more information about USA Funds, visit http://www.usafunds.org/.