Loans and Grants For Single Moms

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One of the hottest topics on Capitol Hill right now is education. The reason for that is the Obama administration wants more people in college because they can contribute more to the economy and all of their families will also benefit as well.

The biggest group that is targeted is single mothers. Many times moms are not included in federal programs. Another reason is that they often believe that they just can’t afford more education. Because President Obama understands this predicament, he has seen to it that the Pell Grant was increased to over $5,000.00. In fact, he believes it so much that this was accomplished within the frist several weeks of him taking office.

A lot of times, students want no part of a loan. These must be paid back and some students fear that once they graduate, they will be burdened with this expense as well as all of the other costs of living. There are, however, a number of different ways that do not include loans to finance your education.

1. Pell Grants are given on a needs-base. These are specially designed for those with a low-income. If you are a single mom, you are likely to fall into this category and can receive up to $5,350.00.

2. If you are studying in the fields of Math or Science or a something related to those, then you may try for the National SMART Grant. This is sponsored by the National Science & Mathematics Association and is open to those in their third and fourth years of study.

3. TEACH (Teacher Education Assistance for College and Higher Education) Grants can provide up to $4,000.00 per year is you are planning to become an educator. It doesn’t matter if you want to teach elementary or secondary school, you may qualify for this grant.

4. If you are in the lowest income category, then you may qualify for a FSEOG (Federal Supplemental Educational Opportunity Grant) which can add an additional $100.00 to $4,000.00 per year to help you through school.

5. If you graduated from your high school after 2005, you may also receive funds from the Academic Competitiveness Grant. This will provide $750.00 during your first year of study and another $1,300.00 for your second year.

Start by applying for these five programs. There are a host of other opportunities for you as well. You don’t have to wait any longer to pursue your dreams thanks to this new administration’s efforts.

Originally posted 2009-11-22 15:24:57. Republished by Old Post Promoter

One thing is certain in this world, the better education you have, the better job you are likely to have. For many single moms who realize this fact, they still are unable to figure out a way to get back into school and increase their learning and earning potential.

However, President Obama has made it his mission to provide the opportunities that single mothers need to return to school and not suffer a financial hardship because of their choice. Many moms are not eager to take on more debt by taking out student loans. Because Obama realizes this, he has increased the amount of government grants that you may qualify for to complete your education.

In addition to these government grants funded through the Stimulus Package, Obama has challenged local universities and technical schools to give more scholarships and grants from their own endowment funds. For single moms, this could mean that all the money you need for college is just a few forms away.

To get started on the road of financial freedom, you need to fill out a FAFSA, Free Application for Federal Student Aid. Once you submit it, you will have the results and the government grants that you need. Depending on your field of study, there may be other awards. For example, teachers and health care workers are in high demand and organizations will help you fund your education if you are going in to one of these field.

But the time is now. Never has so much federal grant money been available to single mothers who want a better education. Get your paperwork in order and apply today.

Originally posted 2009-11-22 07:34:57. Republished by Old Post Promoter