Loans and Grants For Single Moms

Posts Tagged ‘programs’

Returning to school to get a college education is a very scary thing for any adult student. It is a lot bigger step for a working mom. Adding the responsibility of school to an already full plate can be overwhelming. You have children, a home, a job, and then you are thinking of school?

If you are able to allot the little investment of time in your education, then the money to pay for it is all you need. The Obama program for working mom’s going back to school may just be the answer for that.

Traditional financial aid involves three different types of methods: loans, grants and scholarships. Many people immediately just take on student loans without ever applying for grants and scholarships. They have indebtedness that lasts for years. They just assume they don’t qualify for grants or scholarships. This is one of the biggest mistakes that people make, especially working moms.

Moms are the beneficiaries of President Obama’s desire to help mothers like you return to school and receive their degrees. He has raised the amounts on the Pell Grant, and made it open to more people. This grant can now top over $5000. It is based totally upon financial need.

There are other government funded grants available that you can apply for. One is for students studying for the teaching field. It is called TEACH grant. Another one is the SMART Grant for students in their third and fourth years of college in a science or math related field.

There are, of course, many other grant and scholarship opportunities that you can access through searching the Internet. Many web sites have information for you to find out more, and they often have a search engine on the site for you to query for scholarships suited to your needs.

But it is important for you to first consider the Obama program for working moms going back to school. This will provide one of the very best resources available, if you qualify, to help you finance your education and pursue your career goals for the future.

Originally posted 2009-11-27 23:36:21. Republished by Old Post Promoter

Mothers’ returning to the classroom is the hot topic these days.  In fact, part of President Obama’s American Recovery and Reinvestment Act has addressed this issue by increasing funding to the government educational grant programs while opening eligibility.  But, the government isn’t the only entity trying to put mom through school.  Many private institutions have been providing scholarships to mothers for many years.

One private scholarship program is called Raise the Nation.  This organization was established in 2002 by a single mother with the help of Insanity House (an organization whose mission is to raise the status of single parent women and non-traditional families through the challenging and changing of legislation that directly affects the single parent family system).

The founder of Raise the Nation discovered that there are roughly 13 million single mothers in America and came up with the idea that if each single mother were to just donate $1 a year, then scholarships could be provided to millions of single mothers each year.  The mission of Raise the Nation is to provide economic support to single parent women who want to continue their education or repay student loans.

But, why all this focus on mothers?

Ninety nine percent (99%) of women in America will work for pay at some time in their lives while 60.7% of these women will be mothers with children under the age of 3 when they work.  Currently, women comprise 46% (almost half) of the nation’s workforce.  Eighty percent (80%) of single parent families are headed by women yet only 22% make more than $30K a year.  Ironically, over 80% of single mothers lack higher education, thus locking them into the poverty cycle.

With women, especially mothers, making up such a significant portion of the workforce yet living in poverty, this issue can no longer be ignored in our world of high unemployment and plummeting economy.  Partake in all the options available to you.  It is never too late to break the poverty cycle for you and your family.

Originally posted 2009-12-06 15:23:56. Republished by Old Post Promoter