Scholarships are financial assistance schemes offered to deserving students for the purpose of subsidizing their pursuit of a collegiate education. In today’s educational scenario, the scholarships offered by individuals and organizations amount to billions of dollars and make it possible for intelligent students who may not possess the financial capabilities to receive a quality education. There are several types of scholarships available and some amount of research is necessary on the part of the students to understand what kind of a scholarship he/she would be eligible for. Student need-based scholarships are offered after careful consideration of a student’s current financial status and ability to afford a college education. Such scholarships are commonly offered into the socially and economically underprivileged and also to members from under-recognized or marginalized communities. Merit-based scholarships are offered in recognition of a student’s consistently high academic performance in high schools or on account of the student’s achievement in athletics, music, dance, art or other similar extra-curricular activities. There are yet other scholarships that are offered to students who wish to pursue a specific field of study or research. Usually, such scholarships are supported by the relevant industry such as bio-medical research or soil chemistry, nursing and so on.

Since time immemorial, mankind has always had an inborn urge to seek, to explore and to find and in the process, to constantly further the limits of learning. But, the fact remains that unless one’s basic needs of food, shelter, and security are met, one doesn’t normally turn towards learning. We live in a time when learning opportunities are at their peak. There are literally, millions of educational institutes, worldwide that offer opportunities for generalized and highly specific learning. While this is surely an essential aspect in the growth and sustenance of any civilized society, the fact also remains that there are millions across the world, who, despite possessing an above average intelligence and aptitude as well, are unable to fulfill their educational aspirations, owing to their impoverished circumstances. Many youngsters are forced to earn a living to support themselves and/or family and so are deprived of opportunities for education. This is where scholarships become relevant. Scholarships are typically trust funds built by individual philanthropists, by the federal agencies, educational institutions or by corporates with a sufficient Corporate Social Responsibility budget, to provide equal opportunities for various socially and economically underprivileged children and adults, to receive an education at Hallmark institutes.

America is indeed a haven for students looking to benefit from a large number of excellent and widely recognized academic opportunities. Further scholarship options for American and international students are many and varied. Here is a list of scholarships offered by key US Colleges and Universities along with scholarships granted by the US government and institutions. Take a few minutes to understand how and where to apply for scholarships and, remember to apply early and in more places. That way your chances of winning a scholarship is always better! Scholarship awards are competitive. So, aspire for academic scholarships if you have an outstanding GPA and standardized test scores, and also make a list of your unique characteristics and talents while filling out your profile for scholarships. All this may appear overwhelming initially, but with a little research and preparation, once you start the process in an organized manner, it definitely gets easier. Science, technology, engineering, mathematics, accounting, architecture, social sciences, business management, law, foreign language studies, health and medical science, nursing, teaching and agriculture, automation and cosmetology are only a few areas of study offered to pursue your educational and professional goals. Browse through the internet to narrow your search for applicable scholarship programs and find the one that best suits you.

Scholarships are financial assistance schemes offered to deserving students for the purpose of subsidizing their pursuit of a collegiate education. In today’s educational scenario, the scholarships offered by individuals and organizations amount to billions of dollars and make it possible for intelligent students who may not possess the financial capabilities to receive a quality education. There are several types of scholarships available and some amount of research is necessary on the part of the students to understand what kind of a scholarship he/she would be eligible for. Student need-based scholarships are offered after careful consideration of a student’s current financial status and ability to afford a college education. Such scholarships are commonly offered into the socially and economically underprivileged and also to members from under-recognized or marginalized communities. Merit-based scholarships are offered in recognition of a student’s consistently high academic performance in high schools or on account of the student’s achievement in athletics, music, dance, art or other similar extra-curricular activities. There are yet other scholarships that are offered to students who wish to pursue a specific field of study or research. Usually, such scholarships are supported by the relevant industry such as bio-medical research or soil chemistry, nursing and so on.

Since time immemorial, mankind has always had an inborn urge to seek, to explore and to find and in the process, to constantly further the limits of learning. But, the fact remains that unless one’s basic needs of food, shelter, and security are met, one doesn’t normally turn towards learning. We live in a time when learning opportunities are at their peak. There are literally, millions of educational institutes, worldwide that offer opportunities for generalized and highly specific learning. While this is surely an essential aspect in the growth and sustenance of any civilized society, the fact also remains that there are millions across the world, who, despite possessing an above average intelligence and aptitude as well, are unable to fulfill their educational aspirations, owing to their impoverished circumstances. Many youngsters are forced to earn a living to support themselves and/or family and so are deprived of opportunities for education. This is where scholarships become relevant. Scholarships are typically trust funds built by individual philanthropists, by the federal agencies, educational institutions or by corporates with a sufficient Corporate Social Responsibility budget, to provide equal opportunities for various socially and economically underprivileged children and adults, to receive an education at Hallmark institutes.

Do you know that every year hundreds of thousands of scholarships are disbursed by a huge number of federal agencies, non-governmental funding agencies, philanthropists, educational institutes and by corporate giants? The amount of money that goes into scholarships is astronomical, to say the least, and one might even wonder why. Let us take a moment to understand why such scholarships are important from the economics perspective. First of all, worldwide educational costs have risen quite dramatically. Research studies indicate that in the last fifteen years, public and private tuition fees for two-year and four-year programs have increased by at least 3% over inflation. However, corresponding to such an increase in tuition fees, most people have not received a substantial increase in their income. With cost of living on the rise, income available for educational investments is surely less. Some studies specifically show that a large percent of the population is capable of only contributing enough to cover the cost of books and stationery over a four-year period. Further, many countries, including America, are still recovering from the recession, hence, state funding for education has also decreased considerably. This, of course, varies from state to state in the country. Another alarming fact is the tremendous increase in student debt, where the average student in the country acquires over USD 25,000 in student loans before he/she graduates.

It has been observed that the average cost of tuition and fees along with living expenses at public four-year colleges and universities is nearly $18,943 for in-state residents. For out-of-state students, the cost is even higher at around $32,762. The cost in private colleges is approximately between $42,419 and $50,000 per year. These costs have been escalating over the years. With the increasing cost of college education, student loans and scholarships have become the only viable options for many students to pursue higher education. This has been especially true for students from the low-income ethnic groups such as Hispanics. Among these various scholarship grants, some have become quite well-known for being some of the largest scholarships for Hispanics. Here are some of the popular ones: Goldman Sachs MBA Fellowship: This is one of the largest scholarships for Hispanics. The scholarship award is about $35,000 along with the Summer Associate salary. Once the internship is completed and the scholarship recipient accepts a full-time offer, they will get an additional amount of $40,000 along with a signing bonus of a full-time associate. This scholarship is for first-year MBA students of African American, Hispanic, Latino, and Native American ethnicity. William Randolph Hearst Foundation Endowed Scholarship – SCAD:

The Hispanic Association of Colleges and Universities (HACU) is a national institution that strives to provide higher education to Hispanic students. The HACU network represents over 470 colleges and universities committed to this purpose. Hispanics comprise one of the largest minority populations in the country. The HACU provides students with the opportunity to pursue higher education to gain the skills and expertise needed to work in their industry of choice. Through scholarships and grants, students are able to receive the necessary financial aid given the rising prices of colleges throughout the country. Apart from scholarships and grants, the HACU also provides internship opportunities, college retention programs, advancement programs, and various career development opportunities to further promote the cause of serving the Hispanic community. To benefit from various programs offered by the HACU, students must meet the eligibility criteria set forth by organizations providing the financial aid. These include the following: Applicants looking to benefit from scholarships for Hispanics must show the need for financial assistance to the sponsor organization in order to receive funding Applicants must currently attend a college or university that is within the HACU network The HACU only allows Hispanic students who have completed their freshman year, unlike the Hispanic Scholarship Fund that allows high school students, to apply for financial aid for pursuing their higher education Three popular HACU scholarships for Hispanics InGenesis Diversity Leadership Scholarship To be eligible to avail the $1000 financial aid, the applicant must be a full-time or part-time graduate student attending Texas State University.