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Archive | June, 2011

Paying For College (video)

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How Are You Like Ronald Reagan? College Scholarship

How Are You Like Ronald Reagan? College Scholarship

Whether you are a Republican, Democrat, or somewhere in-between, most people believe that Ronald Reagan was an amazing president.  Reagan started out as a radio broadcaster, went on to be a famous film and television actor and succeeded at becoming the governor of California prior to accepting his U.S. presidency in 1981.

In an effort to honor Reagan’s legacy, the Ronald Reagan Foundation has teamed up with General Electric to provide scholarship opportunities for college bound students. The program will provide $10,000 scholarships for up to twenty students each year. In addition, this scholarship is renewable, so there is potential for a student to receive a total of $40,000 over their college career.

Erin Korsvall is the program officer for the scholarship foundation and she states “a successful candidate should display exemplary leadership, drive, integrity, and citizenship in all aspects of life. Like President Reagan, candidates use their formative experiences of their youth to lead, serve, and pursue a life of progress, both individually and for their communities.”

The following are some additional requirements that candidates must meet to be considered for this scholarship:

  • Be nominated by an eligible community leader (eligible leaders include high school principals, elected officials, or directors of nonprofit organizations)
  • Maintain a GPA of 3.0 (or equivalent)
  • Demonstrate financial need
  • Be a citizen of the United States
  • Be a recent High School graduate or graduate candidate
  • Use the funds disbursed by the scholarship program for tuition, room, and board while pursuing a bachelor’s degree at an accredited U.S. college or university

You can click here to apply for this scholarship. If you would like more information about the scholarship program, you can check out this Facebook page.

If your are interested in finding other scholarship opportunities, I encourage you to visit CheapScholar’s Scholarship Resource Center

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Dear Student, Your Financial Aid Has Been Cancelled!

Dear Student, Your Financial Aid Has Been Cancelled!

The title above sounds like the beginning of any college bound student’s nightmare. Can you imagine applying to colleges, completing the FAFSA, discerning your financial aid award packages, depositing to the college of your dreams, and then getting notified that all of your financial aid funding is being cancelled?

West Virginia University (WVU) recently put this type of scare into 14,000 of their students yesterday afternoon. University officials stated “that a random email was generated by a computer and started rapidly sending the notification out to students”. The following is the language that was included in that email:

“A review of your academic transcript indicates that you have reached the limit on attempted credit hours and are no longer eligible for financial aid. Any financial aid previously offered to you for 2011-12 academic year has been cancelled.”

Apparently, the email was only supposed to go to 688 students that no longer met the criteria of being eligible for financial aid. WVU is reaching out to the students that were not supposed to receive the email and assuring them that everything is “ok”.

As you are going through your educational process and receiving financial aid to cover the associated expense, please be aware that you could someday be on the recipient end of the email mentioned above. However, if you are a good student making great progress (academically) in your coursework, you should have no worries.

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