Federal Money Available For College!

So you’re a bright young high school student with ambitions to be a scientist or enter into some other technological profession. Your grades make you a top candidate. At the same time, you’ll be in over your head in student loans before graduating. You’ve heard about Pell grants and state aid, but may be wondering what other sources of financial aid are out there.

The U.S. is indeed suffering from a shortage in just about every aspect of the technological professions. It’s been said that the measure of a nation is based on the number of people in technology it can support. Colleges - both online and on campus - are receiving a lot more financial aid to produce more Bachelors of Science. Others, from public corporations to private societies, have also signed up with grants, if only because they realize their own survival is dependent on it. If you need more information about apply for a pell grant online, look on the internet.

A student looking for this financial aid should first and foremost go to the schools of his choice and quickly sit down with a financial aid officer. This person’s job is to get the student the cash needed to pay for such things as tuition, fees, text books and even living expenses. This doesn’t mean the young acolyte shouldn’t do his or her own homework. A quick scan of Google or any other search engine will show there are a number of sources they might never have heard of. These sources include:

(1) Pell Grant - At the moment, this federal grant is capable of supplying up to $5,350, although that might be going up to $5,900 by 2011. All that is required is filling out a FASFA form, and then wait for response. Don’t forget the state you reside in. That’s what most state lotteries are supposed to finance.

(2) S-STEM Scholarship - This program was created by the Federal government specifically to help students get their Associate’s, Bachelors and even their Masters of Science degree. As of 2009, it awards one hundred students anywhere from $100,000 to $600,000, based on both academics and need. To find out more about this program, one should contact the National Science Foundation or the web site Grants.gov. There is an abundance of information about government grants on the web.

(3) Corporate Scholarships: Many technological and similar corporations find it in their best interest, both for tax reasons and as a source for recruiting, to set up scholarship funds. This includes companies such as Mobil Oil, where there is a very high demand need for petroleum engineers to Microsoft, which has its own scholarship/work-study program for computer engineers.

(4) Professional Societies - No profession doesn’t come without its own society. In turn, it’s hard to find one that doesn’t have some sort of financial aid program. In engineering, some of the most prominent ones include the National Society of Professional Engineers and the American Society of Civil Engineers. The latter has a section of its web site devoted to continuing online education or as they call it, “distance learning”.

From the well known scholarshiops, to the lesser known private corporation sponsors, searching for free scholarships and grants online proves a little research can go a long way in this area.

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