Finally, the most difficult challenge students face in college is a financial hardship. Many students come from various walks of life and sometimes determining one’s financial capability to offset college costs during the early stages of can be problematic. Some students come from well to do families who have a tremendous capacity to pay full tuition without external assistance. These particular students do not require financial aid or scholarships, as they can meet the institution’s financial requirement regardless of what level in college they may fall under as the source of wealth is derived from the family or families. Other students, however, come from impoverished families whom solely depend on financial aid and work full time or part time
In addition to my experience in advising and student affairs, I have also worked as a professional in financial aid for the past eight years. During my time in financial aid I have seen first-hand the challenges students face with the cost of obtaining a higher education degree. My role in financial aid has evolved over my career while exploring the theoretical
Today, Susan Hansen, Admissions Director of East Liberal Arts College, wishes to increase tuition and reduce financial aid available to students (Brickley, Smith and Zimmerman, 2009, p. 110). Moreover, she has expressed that “increasing tuition and reducing the amount of financial aid will solve the schools financial problems” (Brickley, Smith and Zimmerman, 2009, p. 110). This will be done by “increasing an effective tuition from $15,000 to $25,000” (Brickley et al., 2009). She also projects that the tuition increase enrollment from 400 to 600 students (Brickley, Smith and Zimmerman,
Only four students went straight to the workforce, when a century ago, this was not the case. With students now consistently going straight to college after high school, state universities should be free to state residents since we have public high schools. In Kalamazoo, Michigan, students who attend high school in Kalamazoo starting in ninth grade, can have from sixty-five to one hundred percent of their tuition covered (Teicher). This is known as “The Promise.” The Promise guarantees any student from Kalamazoo a scholarship that pays either a majority or all of their tuition (Teicher). This scholarship can be used for any state school, fifteen private schools, and other state schools around the United States that are less than the highest tuition in Michigan (Teicher). Since The Promise’s first wave of scholarships, there has been definite improvements in college attendance. For black students, there has been a three percent rise in college attendance and overall forty-eight percent of scholarship recipients graduate college (Teicher). While this has shown an impact, there certainly are other factors that lead to the fifty-two percent that do not graduate, such as not being taught time management, academic skills, or how to take advantage of their sources (Teicher). Despite this fallback, “The Promise” has definitely started an era of higher college graduation rates and those who lack financial support a method of
Although the programs have been in existence at the college for almost ten years and preserved the university during the financial crisis in 2008, the faculty were able to slow down progress to almost a standstill. Despite the normal disconnect in organizations, Lewis (20111) ascertained that when certain stakeholders cooperate it increases power and improves their chances to leverage influence. While the trustee board and the president’s cabinet are the genuine stakeholders, the faculty and staff and students are the essential stakeholders.
As upcoming high school seniors, many such as myself, desire scholarships in order to alleviate the financial burden that attending a university can bring. Though this considerable and generous scholarship prize money will be used to further my education at Texas A&M University, my main wish is to bring pride and satisfaction to my family. As a first generation student, I am humbled by the opportunity of obtaining an education in America. Since my parents were migrants from Vietnam and Hong Kong, a successful life here was unheard of many years before. Financial strains do occasionally plague our lives, however, we have not forgotten the strenuous hard work and sacrifice that my parents have conquered in order to put their two daughters through
One prevalent issue among disadvantage students is that they lack resources or information on how to get into college. For instance, they lack knowledge on how to apply for financial aid, scholarships and other important sources for college admissions. Thus, one way that philanthropist can ensure that disadvantage students get into college is by creating workshops. In general, workshops are effective sources for learning because they are created to inform individuals and large audiences about the needed steps to address social problems. Even though, high schools nowadays have services aimed to educate our youth, we notice that most students who participate into these programs are already high achieving students and not the high-risk population. Thus, philanthropists can help our present youth by funding workshops in all low-income schools. The objective is to guarantee that our vulnerable population also have a chance to go to college. Lastly, another way that philanthropists can help the high-risk population is by funding scholarships. For example, despite that most disadvantaged students are getting into college, they still lack the resources and the financial stability to secure their positions at their schools. Therefore, scholarships are effective sources for philanthropists because they can identify and provide our least privileged students
One of the biggest challenges college students face today is debt associated by student loans. Nearly every college student will graduate with debt unless supported by academic or athletic scholarships, grants or financial aid. This issue can be addressed by encouraging students to pursue scholarships, and applying for financial aid. Though not all scholarships are capable of fully funding a student's tuition, most can help provide for fees, books, or housing. Many websites and counselors are open to providing scholarship opportunities to students who seek it. Applying for smaller scale scholarships often can result in a larger amount of money than at first anticipated. Applying for large scale scholarships are worth the time that is spent
Coming from a small high school and later a small college, I know now more than ever that James Madison University is the school for me. When I received a letter in the mail offering me not only an acceptance letter, but also an abundant scholarship from Elizabethtown College, a small private school, I felt I would be foolish not to accept this generous award. While I have had great experiences and have learned an abundance of knowledge in and outside the classroom during my first semester of college, I now know that to reach my full potential, it’s time to move on to a larger, more diverse campus like JMU. For me, Elizabethtown College was comfortable and reminded me of my hometown. Now I know that to be more successful, I need to step
A surging $1.2 trillion in student debt and rising rapidly in tuition is the critical issue America public universities face today. These student debts and rising tuitions are caused mainly by administrative hiring and pay or expensive building projects on campuses. When public universities are spending money toward expensive building projects, this does not help with making tuition cheap to attend a certain university, instead it’s high.
If selected for this scholarship, I will represent your organization in my college years as well as professional career. My top priority is not only to be a college graduate, but also to dedicate myself in service to others using my skills and talents. Finally, I would like to assure that your decision to award me Daniel’s Fund Boundless Opportunity Scholarship would be an invaluable asset in my current academic career path as well as to motivate me to continue my graduate study in the near future.
As the cost of education increases, many students search for assistance to help cover that cost. That form of assistance could come from burdensome financial aid or a scholarship that provides the student with an education free from debt. That’s why I am writing you today Mr. Alan Hall on behalf of the Student Scholarship Committee, bellow we have outlined the (1) the benefits to the student, (2) the benefits to you, and (3) how you can take action to help.
F&M is a diverse community of outstanding individuals ready to make a difference in the world. I really want The Black Pyramid Society to implement a social entrepreneurship challenge on campus. This would ensure the amalgamation of the BPS’ three foundational pillars - Academics, Leadership, and Community Service. It would provide an exceptional opportunity for students to apply their skills and knowledge to benefit the Lancaster community. It would enable students to break the F&M bubble by tackling some of Lancaster’s biggest challenges through social ventures. It would develop and enhance the leadership of the F&M Community while at the same time giving them opportunities to serve the community. Furthermore, it would give students an opportunity
populations, retention, graduation rates, grant-funded research, full-time employee equivalency, and gross square footage of facilities” (Barr and McClellan, p. 68). Public universities usually base this model off of a formula guided by the state government. The criteria gathered is based on past research and this can make finances tight at the end of the year if everything does not line up as planned. Barr and McClellan (2011) state that incremental budgeting is informed by two assumptions “The first is that the current budget is sufficient and operating efficiently to meet the priorities of the institution. Second, it is assumed that the institution’s needs, wants, and opportunities (and therefore correspondingly its revenues and expenditures) are relatively stable from year to year” (p. 71).
As a low-income student myself, I feel as it is my duty to give back to my community and inspire other students to reach success. Thus said, I plan on creating my own organization that will provide similar youth with access to resources that will help shape their future. I envision the organization offering college preparation information, career advice, health information sessions, and leadership workshops. With these aspects, I believe I will be able to help guide students onto a path of excellence, despite their social economic statuses.