Financial aid for Latinos
Many latino high school students seeking a higher education degree are unaware of how to finance their studies. Scholarships are available now.
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The burdens of seeking a higher education degree are often met with questions about the financial obligations the future generation of college students will face. Many high school students and high school graduates are not properly informed of the different ways to finance their studies.
High school students should familiarize themselves with collegeboard.org, a website that aids high school students in understanding college requirements, signing up for PSAT/NMSQT, SAT, and AP testing. The site also functions as a place for students to navigate the ever changing college world by providing curated list of scholarships, CLEP exams, college admission deadlines and requirements.
However, Latinos face financial insecurities when trying to pursue a higher education degree. It is common to be under the impression that loans are the only route to achieve a college degree. Although this is false, the lack of guidance entraps first time college students into believe such narrative.
Many sources exist aside from collegeboard.com to facilitate students career endeavors.
Resources can be found on different sites like:
- Federal Student Aid (a combination of grants and loans), to apply for financial aid click here.
- There are region based scholarships. For example, Pennsylvania Scholarships like Allegheny County Medical Society Medical Student Scholarship for medical students who reside in Allegheny County. The deadline for this scholarship is July 31, 2022.
- Scholarships for residents of Pennsylvania ranges from $1,000- $20,000. If you want to apply click here.
Scholarships for Hispanics:
- Scholarship.com currently has scholarships raging from $1,000- $100,000 for Hispanics.
- The AICPA Minority Scholarship awards $10,000 yearly to minority accounting students who have a GPA of at least 3.0 (on a 4.0 scale), and is able to demonstrate financial need.
- Bridging the Dream Scholarship Program for High School Seniors awards 25 scholarships to high school seniors who plan to enroll as full-time student in the following year. The award is given to students completing a two-year, four- year, or trade/vocational certificate/certification program. The deadline to apply for this scholarship is July 31, 2022.
- McDonald’s Hacer National Scholarship awards scholarship worth up to $100,000 to 30 students with at least one parent of Hispanic heritage. Requirements: applicant must be a high school senior, legal U.S. resident who is younger than 21 years old. Have a minimum 2.8 GPA, and be eligible to attend a two-or four- year college or university with full-time course of study. For further information please visit scholarship.com.
There are over 100+ scholarship available for Hispanics this year alone, this does not attest for private scholarships or institutionally offered.
There are scholarships for every career path, gender, speciality (degree based), ethnicity, etc.
Great examples are minority scholarships. Sallie Mae’s website provides a comprehensive list of scholarships followed by detailed submission requirements. Each section is divided into subsections like African American Scholarships, Native American Scholarships, Hispanic Scholarships, Asian American Scholarships, and Native Hawaiian and Pacific Islander Scholarships. This information can be obtained at this link.
It is important to acknowledge colleges and universities tend to offer their own scholarships based on academic merit.