Education has always been a highly debated topic in society because it is a vital fundamental system in which will continue to determine on a global scale society’s crime rate, economic & moral stability. This means that if the Board of Education continues to delay reaching financial resolve to the problems facing the educational system, educators, schools and extra circular activities will continue to be downsized and face foreclosures. However there is still hope for us parents that the current and upcoming generations will be able to continue the cycle of economic stability of the world after we have passed on. This hope is complementary of teachers (such as the ones refused to let a decreased in their salaries stop them from educating their students) who strive to educate their students so that they will be academically eligible recipient of educational
Scholarships defined
The common misconception that a lot of people associate with scholarships is that they are only beneficial to the college population and that they all have the same type of requirement criteria. Therefore in order to dismiss this misconception we will start by defining what scholarships are & then learn about their practical and diverse usage as it pertains to education. Scholarships are defined as a detail orientated written binding document agreement that entitles the recipient thereof, to subsidize financially aid to be used to pursue higher education. In Laymen’s terms scholarships are rare types of financial aid that provides those who qualify with the opportunity of pursing higher education by significantly reducing the cost of tuition.
Furthermore because scholarships are typically sponsored by local charities and through government agencies, in order to qualify for them your academic record must meet the prerequisites defined. The following are the names of the five different types of Scholarships College, Career & student specific, Merit based and Need based. The most common amongst the five types of scholarships for higher education that college bound applicants seek after, are Student specific, Need & Merit based. The requirements pertaining to qualifications regarding a Need based scholarships, are determined based upon financial independence and your family’s income. Therefore most college students at some point during their college experiences has filled out an application known as a FAFSA to see if they qualify for the Need based scholarships.
Now the eligibility and the qualifications for the Merit based scholarship is solely based on your academic record, extra circulars and any other talent that you might have. Here are some examples of extra curriculum activities which may increase your eligibility for this particular scholarship; football, basketball and artistic ability. Additionally Merit based scholarships are usually are subsidize through a private agency. Last but not least are the educational scholarships which cater to specific genres of applicants who might be pursuing higher education in a specific field. For example the Millennium scholarships are award to minorities students monthly based upon their family’s background. In order to qualify for Career & College specific scholarships you must have a certain GPA and noticeable achievements, sometimes these particular scholarships are awarded through college institutions.