| The Pell Grant is a great source of educational funding | | | | scholarships. These are given to students that fulfill |
| that all students should qualify for. The problem is | | | | certain qualifications. Leadership scholarships are |
| qualifying with can have to do with a variety of | | | | handed out to those that meet certain specific |
| problems. The choice to go to school is an extremely | | | | standards. |
| important one to think about. Obtaining a college | | | | Scholarships may necessitate qualifying by having a |
| degree will provide you with the necessary skills and | | | | high grade point average or doing community activities. |
| knowledge to become successful in the career of | | | | Getting a full ride scholarship would be a fantastic gift, |
| your choice. But how will you get funding for it? Take | | | | but few get this, and that is why the Pell grant, not |
| out a student loan? Absolutely not. If you are a single | | | | student loans, should be your primary focus. |
| mother, you need to apply for the Pell grant, and not | | | | One other thing to think about before pursuing a |
| student loans, to pay your way through college. Here is | | | | college degree is the overall cost. Not just school, but |
| why. | | | | how much itll cost to live, eat, pay rent. The possibility |
| Getting an education is an investment in your future. | | | | exists that you will not receive the Pell Grant. Should |
| Before you select your career, it's necessary to | | | | this happen you would need to consider students |
| consider how much time, money, and commitment | | | | loans, but only as a last resort. You will have to |
| you've got to prepare yourself for a job. Selecting the | | | | consider qualifying for some of the loans provided by |
| best career and funding school takes a great deal of | | | | your college such as the Federal Perkins loans or the |
| forethought. The same type of thinking needs to go | | | | Federal Parent PLUS loans. |
| into your idea of where school funding will come from. | | | | So your best option is getting the Pell Grant. All of the |
| Financial scholarships can be a stepping-stone toward | | | | student loans have very high rates of interest which |
| your success. The point of financial aid is to assist | | | | you want to avoid. If you are a single mother, or any |
| students and even working moms with their | | | | college student, and can qualify, you will be able to get |
| educational expenses so that economic barriers don't | | | | your 2 year degree on the Pell alone, so it is in your |
| stop them from obtaining their academic dreams. The | | | | best interest not to take out any type of student loan if |
| Pell grant, and other grants such as the TEACH grant, | | | | grants or scholarships are accessible. |
| are major contributors for funding educations. Recently | | | | Update: There are many other grants that are |
| the Obama administration helped increase Pell funding | | | | available including student specific, subject specific, |
| to $5100 per semester to help single students, including | | | | degree level, minority grants, and other sources of |
| single mothers and fathers, finish their college degree. | | | | federal and state funding. Your best bet is to ask your |
| An often overlooked source of student aid are | | | | College financial advisor about these additional options. |