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Posted by Na’Tasha Jones/University Communications
Earlier this year, Howard University partnered with Saltmoney.org, a money management website created by the non-proft organization American Student Assistance, which aims to educate young people about their finances and options for taking charge of their money before, during and after college.
The infographic below from SALT provides ten little-known facts about scholarships in America today. The most mind-blowing of all? In the United States $100 MILLION in scholarship dollars goes unawarded each year. Certainly, there are many Howard students who could have benefitted from some of that potential tuition assistance.
With government loan requirements changing, making it more and more difficult for students to receive federal Pell grants and other financial aid, and the current state of unemployment and the economy causing a significant reduction in family contributions, scholarships are an excellent avenue to find the money that you and your family need to fund a college education.
Last semester alone, Howard’s Bridging the Gap Student Aid Campaign was able to match a $300,000 appropriation of HUSA grants. As a result, approximately 400 students received over $600,000 in need-based financial aid for the Spring 2013 semester. This amount was more than double the amount of students who benefited from the HUSA grants during the prior academic year, and these funds were able to make the difference for some students who may not otherwise have been able to graduate.
Although the academic year is already under way, it is not too late to begin your search for scholarships. What are you waiting for? Contact the Howard University Office of Financial Aid today to determine the scholarships for which you qualify and apply now!
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