Minority students have plenty of opportunities to get college funding
As a minority student you can pay for your college degree by accessing funding from scholarships unique targeted at ethnic students
The results are in and you’ve got accepted into university. Congratulations! But what if your bank account is empty and mom and dad can’t help you either?
Should you abandon your dreams of getting a college degree online or offline or wait for a better moment in your life to pursue your studies? Certainly not!
The good news is that it is possible to get funding through scholarships or loans, especially if you are studying a particular discipline or you are part of a minority. Criteria these days can be based on all sorts of things including academic merit, where you live, what your parents do, and your heritage.
Paying for college degree programs often entails student blend multiple financing options including loans and scholarships. But borrowing money might not be for everyone, even if it gets the job done, to a degree. On the other hand, scholarships and grants don’t need to be repaid, so these types of college funding represent the better alternative to loans.
General scholarships are open to students with all ethnic backgrounds, but some financial aid is tailored exclusively for minority applicants. So for example, if you are an African American, Hispanic or Asian students living in the US, you have a wide range of options when it comes to accessing sponsorship. Minority college students are encouraged to apply for general aid, but also target scholarships which take their cultural background into account.
Where should you start your search as a minority student? First you need to inquire with the provider of your college degree online or on-campus whether they offer any scholarships especially targeted at minorities. You’ll be surprised that some universities do take into consideration this student niche. But if your college doesn’t, don’t despair.
The Internet is plentiful source of funding opportunities for degree programs of all types. Here’s an example, to give you an idea of what we’re talking about here.
The Salvadorean American Leadership and Educational Fund (SALEF) is home to the Fulfilling Our Dreams Scholarship Program which is aimed at students of Central American or Latino ethnicity.
Candidates must be a graduating high school senior or current undergraduate/graduate student at the time of the application with a minimum GPA of 2.5.
Only students who are studying in the San Francisco Bay Area, Los Angeles Area or San Fernando Valley are invited to apply for a chance to receive a scholarship ranging from $1,000 to $5,000.
Other requirements include proven financial need and demonstrated history of community involvement. While students pursuing any program can apply for this scholarship, a preference will be given to those enrolled with a health related degree.
Information on the 2018 scholarship is yet to become available, but from last year we know candidates we’ll be required to send in a completed application, two letters of recommendation, a personal statement no longer than 1,000 words, a resume, official transcripts, an official copy of their parents’ federal tax return or proof of income, as well as a copy of their federal financial aid award letter and copy of their SAR (Student Aid Report) as generated by FAFSA.
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