Student Loans and Scholarships
As I noted in the last post, the cost of attendance
for the 2007-2008 Academic Aid Year at St Johns University
will be:
Books and Supplies…………….. $1,000.00
Fees…………………………..… $640.00
Home Maintenance………………. $2,700.00
Personal Expenses………………. $1,800.00
Transportation……………………. $1,100.00
Tuition………………………………. $26,200.00
Total: ……………… A Whopping $33,440.00
Multiply that by 4 years and you get $133,760.
$133,760 for a 4 year college degree. WOW!!!
And that doesn’t take into account inflation and
the increasing cost of higher education each and every year.
Most students (and their parents) will end up
taking out student loans to help pay for these cost.
However, if you can get some scholarship money,
that is money you don’t have to pay back.
Unfortunately, many students and parents don’t
know how or where to apply for scholarships.
Since ALL schools are inundated with too many applications
for scholarship money, a very emphasis is placed on the
scholarship essay to determine who will get the available
scholarship monies.
Here are a few tips on writing your essay.
1) Heavy emphasis is placed on “work ethic”.
Whether you work hard in the home with “family responsibilities”
or are involved in student organizations or are on the varsity
sport field, you have to “Tell Your Story“.
Otherwise, the scholarship committee doesn’t know.
And if you are facing hardships, the key to winning the
scholarship is the part where you turn it around and talk about
how you are overcoming the hurdles to achieving your goals,
not by telling a sob story.
2) Scholarship committees like it when you’ve helped people.
Most scholarships go to those students who spend time by
helping other people, whether through a job, work outside
the classroom or volunteer work.
3) When possibe, go into detail. Most scholarship essays have
word limits of some kind. Don’t summarize the most telling
parts of your story. Describe it passionately and give as
much detail as space permits.
Next time I’ll tell you where to apply for some scholarships
and most importantly, what not to say in your essay.
For more detail on how to win scholarships,
check out the following resource:
www.ScholarshipMoneyInformation.com
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