Posts Tagged “money for college”

If you’re still wondering how to foot those college tuition bills for next fall, check out Zinch.com’s Ammunition for Tuition II Scholarship.  It requires creating a profile on Zinch, and once you do that you’ll be able to search additional scholarships on the site, plus use additional resources like college search and networking with other students.  And one of the best things about the Scholarship Matching Page is that Zinch will match dollar-for-dollar any scholarship found and won through their search engine — makes the effort of applying for those $500 scholarships a little more worth it.  Below are the details for the Ammunition for Tuition II Scholarship.  Good luck!

Amount: $20,000
Deadline: June 25, 2009
Eligibility: Current high school student (international students included), graduating in 2009- 2012, with a minimum 2.0 gpa. You must register on Zinch.com and your profile must be as complete as possible.
Judging: Both need of student and merit considered. Winners chosen based on what the student provides in his/her Zinch profile. Make sure it’s complete.

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There’s been a lot of controversy lately over whether or not students should be paid for good grades.  Some think incentives will increase student performance, and cities like New York City and Chicago are testing out pilot programs to see if they do indeed make a difference. I think there could be some merit to the idea, particularly if students were able to earn cash for college by pulling in A’s & B’s.  And there’s actually a relatively new website that allows students to do just that.  It’s called GradeFund, and it basically uses the idea of social networking to raise money for college from your family, friends, and even strangers.

Think of it as a fundraiser of sorts.  You get people to sponsor you by pledging a certain amount of money for every A or B you earn.  So, say $5 for an A times 4 A’s per grading period.  That’s $20 bucks per person.  If you get 50 people to sponsor you, that’s $1000 bucks that can be used for your college education.  Donors can get warm, fuzzy feelings from helping out a hardworking student, and you’ll be more motivated to do well in school.  Everybody wins!

GradeFund does a great job of making the process simple and straightforward. Just visit their website, create an account and online profile, start asking for pledges, upload a transcript to confirm your grades, and then wait for a check to arrive in the mail. There is a 5% processing fee which is a relatively good deal considering the interest you might otherwise pay on school loans. And while the average student probably won’t be able to fund their entire college education through this sort of fundraiser, GradeFund is one more tool that can be added to your financial aid arsenal.

So what do you think–should students get paid for good grades?

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Here’s a great opportunity for all you college bloggers!  CollegeScholarships.org is giving away a $10,000 college scholarship to one lucky college blogger.  Check out the eligibility requirements from the CollegeScholarships.org website:

  • Your blog must contain unique and interesting information about you and/or things you are passionate about. No spam bloggers please!!!
  • U.S. citizen or permanent resident;
  • Currently attending full-time in post-secondary education in the United States; and
  • If you win, you must be willing to allow CollegeScholarships.org to list your name and blog on their site.

The deadline is October 30th, and there is also a 300-word essay that must be submitted along with your blog.  So check out the essay topics on CollegeScholarships.org, and let me know if you end up being a winner!

And if you don’t end up qualifying for this particular scholarship, there are loads more opportunities on CollegeScholarships.org so check back often!

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thecollegesolution.jpgI was recently asked to review financial journalist Lynn O’Shaughnessy’s new book The College Solution. It’s filled with tons of great and practical advice for saving and affording college whether you’re a high school senior or the parent of a first grader. Here’s the copy from the back cover:

“Forget the rankings! Discover what really matters: the quality and value of the programs your child wants and needs. O’Shaughnessy uncovers “industry secrets” on how colleges actually parcel out financial aid-and how even “average” students can maximize their share. Learn how to send your kids to expensive privates schools for virtually the cost of an in-state public college…and how promising kids can pay significantly less than the “sticker price” even at the best state universities.”

Visit O’Shaughnessy’s website to learn more and pick up your copy.

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