Whether you’re African American, of Hispanic descent or considered to be a member of another minority, you have the right to further your education. Of course, this isn’t always as easy as it sounds, especially for those of you who have families to support and bills to pay. Fortunately, scholarships designed especially for minority students do exist.
So if you’ve been concerned as to how you would pay for your time in technical schools, worry less and consider some of the options available to you.
Gates Millennium Scholars Program.
Are you African American or Hispanic American? What about Asian Pacific Islander American? Maybe you’re considered to be American Indian – Alaska Native? If you’re any one of these ethnicities, you may be eligible to receive help paying for your education through the Bill & Melinda Gates Foundation’s Gates Millennium Scholars Program.
What are the requirements?
Aside from being a member of one of those minorities, you need to have a high school grade point average of 3.3 or a GED. You’re also going to want to have three separate forms filled out and submitted by the appropriate dates. They include the Nominee Personal Information Form, the Nominator Form and the Recommender Form.
That’s right, before you can become a Gates Millennium Scholar you need to be nominated. Unfortunately, your spouse, kids and friends are not allowed to nominate you. As you’re looking for helping covering the cost of your education, program officials want to get a sense of the kind of student you’ll be. This means you may have to track down a principal, teacher or guidance counselor who knows you well enough to suggest you.
How much do scholars receive?
Ultimately, the amount of financial assistance you receive will be determined based on how great your need for a little help actually is. However, it’s worth knowing that since its founding in 1999, this particular program has helped more than 16,000 students and provided over $614,600,000 in award money.
Of course, scholarships are not always guaranteed. That’s why these awards are not your only opportunity for financial assistance. If money’s tight, consider a few of your other options, such as the Free Application for Federal Student Aid, or FAFSA. Just make sure you pay close attention to your state’s deadlines, as they differ. In order to figure out when you’ve got to have your application in by, just head to the FAFSA website and use its deadline search tool.
You may also want to consider taking out a loan. Just remember that unlike scholarships, you’ll be expected to repay the money you borrowed at some point, usually with interest.
Are you a member of a minority who will need help paying for technical training schools? If so, have you come across any other scholarships or opportunities for funding? If you have, let us know in the comment space below.