Scholarships Grants and Student Loans for Adults

Scholarships for Adults

Scholarships So Single Moms Can go Back to School
Program Name: Scholarship For Continuing Education
Amount (Max): Varies
Income Requirements: None
Geographic Requirements: Nationwide
Other Requirements: Available to single parent women who would like to go to school or continue with their education, but have been denied sufficient resources.
Contact: Raise The Nation, P.O. Box 8058, Albuquerque, New Mexico 87198; 1-505-265-1201

$10,000 to Study the Law
Program Name: Frederick B. Abramson Public Interest Fellowship Award
Amount (Max): $10,000
Income Requirements: None
Geographic Requirements: Nationwide
Other Requirements: The recipients must commit to at least one year\'s employment with a non-profit organization in the District of Columbia.
Contact: The Frederick B. Abramson Memorial Foundation, 1050 Connecticut Avenue, NW, Suite 200, Washington, DC 20036; 202-828-5120; Fax: 202-828-6490; www.abramsonfoundation.org/fellowship/index.shtml; Email: info@abramsonfoundation.org
Application: www.abramsonfoundation.org/fellowship/fellowshipform.shtml

Money to Learn a Foreign Language
Program Name: Blakemore Freeman Language Grants
Amount (Max):Varies
Income Requirements: None
Geographic Requirements: Nationwide
Other Requirements: Must be pursuing an academic, professional or business career that involves the regular use of a modern East or Southeast Asian language. Refresher Grants are available to professionals.
Contact: The Blakemore Foundation, 1201 Third Avenue, Suite 4800, Seattle, WA 98101-3266; 206-359-8778; Fax: 206-359-9778;

Over $12,500 in Scholarships for Abused Women
Program Name: R.O.S.E. Scholarship Program
Amount (Max): $12,500 +
Income Requirements: None
Geographic Requirements: Any college or university in New England.
Other Requirements: Applicants must be nominated.
Contact: The R.O.S.E. Fund, Inc., 175 Federal Street, Suite 455, Boston, MA 02110; 617-482-5400; Fax: 617-482-3443

Truck Stop Employees Get $2,500 to go to School
Program Name: Bill Moon Scholarship Program
Amount (Max): $2,500
Income Requirements: None
Geographic Requirements: Nationwide
Other Requirements: Students must plan on enrolling on a full-time basis in postsecondary studies at an accredited school.
Contact: The NATSO Foundation, 1737 King Street, Suite 200, Alexandria, VA 22314; 888-275-6287 or 703-549-2100, ext. 8561; Fax: 703-684-9667

Private Student Loans

Private Student Loans

Loans that are made to students by banks or finance companies are called ‘private student loans’. These loans are different from the federal loans that are available to students because they are not guaranteed by a government agency.

The advantage of a private student loan is that they can offer more money to a student because of the loans higher limits. Also, students do not need to pay back a private student loan until after they have graduated, usually not until at least six months after their graduation.

The disadvantage of a private student loan is that it can be tied to the credit history of the student. So this can mean that students with poor credit history will generally have higher rates and a higher loan origination fee than students with excellent credit history.

However, since private student loans are not tied in to the financial need of the student, a private loan is of the greatest advantage to families that are not qualified for many federal student loans. This is because these families may have too many assets or too much income to qualify for federal aid, but still have a need for some type of financial assistance in order to pay for college.

Be sure to do your research on all the terms of individual private loans because they do are different from lender to lender. Consider not only the interest rate of the loan, but also consider the terms and benefits of each loan. For example, find out how long each lender will defer payments and also find out their forebearence terms (the time when a student is eligible for stopping payments on a loan due to hardship). These terms are not set by the Department of Education but on the contract between the financial institution and the student.

Receive student loans and grants

The cost of colleges in todays society, students are very fortunate to be able to receive student loans and grants.

The Staford/ford loan offers both Subsidized and Unsubsidized student loans. But how many people know the difference between the two. A Subsidized loan you have to prove that your in financial need. All interest on subsidized loans is paid by the government while the student is actually enrolled at least half time and during certain periods, such as grace and deferment.. Unsubsidized loans is where you do not have to prove anything. It is the students responsibility to pay all interest on this type of loan. The Direct PLUS program offers unsubsidized loans to parents of dependent students. The parents must pay all interest on Direct PLUS loans.

Another type of help is the Pell Grant. and it does not have to be paid back. Thats right its free money to the student to help pay for his or her college. The maximum you can receive with a pell grant is 3,000 dollars Pell grant funds are paid directly to the student by the school at least once each semester, trimester, or quarter.

So their is some help out there you just need to research for the information. I hope i was able to make the process a little easier.

With Loans the student doesn't have to repay it until 6 months after they graduate. The payments are reasonable and they give you very low interest rates.