Grant
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Private grant and scholarship opportunities
occasionally are directed to the attention of the Financial
Aid Office. Application information for these opportunities
is shared with eligible candidates, assuming they can be
identified using query parameters on our current student
population.
A wealth of financial aid for graduate
education is available through foundations and other organizations.
With a little initiative, you can pursue these sources to
receive funding for educational expenses. Remember that
an award is based on the eligibility requirements, which
can vary considerably. First, make sure that the grant or
scholarship is for Master's level education and not restricted
to undergraduate education or a Ph.D. program. Some grants
require research or teaching. Others may specify full-time
or part-time study, study abroad, or may have grade point
average or other requirements (such as state or town residence,
disability, ethnic background, previous education, and past
or present involvement in the organization offering aid).
A fairly recent phenomenon is the increasing
popularity of web-based, personalized scholarship searches.
Most of the scholarship search engines and databases are
free, with revenues streaming in either from web-site advertisements
or marketing links. For the most part, scholarship searches
are offered as inducements so you will visit an organization's
web site where you'll find their own offerings of Federal
Stafford Student Loans, private, credit-based student loans,
and other products and services geared for college students.
A word of caution regarding personalized scholarship searches
on the web: most of these services require you to register
or open an account by providing personal information online.
If you are concerned about whether this information is secure,
or even whether the organization makes your personal information
available to others, be sure to read the privacy statement.
This should disclose their information gathering and dissemination
policy, and whether or not there is an "opt-out"
feature that allows you to decline further communications
in the future should you change your mind.
Online scholarship searches also have given
rise to a burgeoning number of scholarship giveaways on
the web. Mark Kantrowitz, who testified before a Senate
Hearing on scholarship scams, includes a section on his
web site (www.finaid.org/scholarships)
that will help you distinguish between legitimate and fraudulent
organizations. His advice: "If you have to pay money
to get money, it's probably a scam." The Scholarship
Fraud Prevention Act of 2000 requires that the Federal Trade
Commission publish information about scholarship scams on
its web site (www.ftc.gov/bcp/conline/edcams/scholarship/).
This site, entitled "$cholarship $cams," provides
a list of defendants and an opportunity for you to file
a complaint online.
The U.S. Department of Education suggests
you avoid scholarship search services that use the following
tactics:
- Claim that millions of dollars
in student aid go unclaimed every year;
- Charge you money to receive aid;
- Request your credit card or bank account
number to hold student financial aid for you;
- Try to get you to send money by claiming
you are a finalist in a scholarship contest.
With Internet access, you might want to
check out some of the resources mentioned below for general
financial aid information and funding sources. Rensselaer’s
Cole Library staff also has prepared a guide to resources
available in print in the Library and on the web. See this
guide on the web at www.ewp.rpi.edu/hartford/library/subject/finaid.htm.
Internet Resources
For general information on financial aid,
access the following web sites:
- www.nasfaa.org.
National Association of Student Financial Aid Administrators.
This site addresses such questions as: what financial
aid is available to students, how financial aid is calculated,
how one applies for financial aid, etc. Please click on
the tab, "Parents & Students."
- www.finaid.org.
"The Smart-Student Guide to Financial Aid" published
by Mark Kantrowitz. This site--established in the fall
of 1994 as a public service--offers a comprehensive, informative,
and objective collection of information about student
financial aid. According to the Chicago Sun-Times, it
is "the best place to begin a search." This
site offers a hypertext link to FastWeb, a personalized
scholarship search database. It also offers links to a
number of other large scholarship databases. Tips and
advice are available by subscribing to the online FinAid
Newsletter.
- www.edupass.org
and www.edupass.org/finaid/.
"The Smart-Student Guide to Studying in the USA,"
and "Financial Aid for International Students"
are also published by Mark Kantrowitz. These sites provide
general information for prospective international students,
as well as more specific information on financial aid
(scholarships and loans) available to international students.
- www.ed.gov/offices/OSFAP/Students
or www.ed.gov/studentaid.
The U.S. Department of Education’s Office of Student
Financial Assistance Programs. This site provides general
information on federal student aid programs (who is eligible
and how to apply). It also includes their brochures, Student
Guide and Funding Your Education under "Forms and Publications."
Be sure to check out their new student aid portal for an
overview of U.S. Department of Education Federal Student
Aid programs.
- www.students.gov.
This site was developed under the leadership of the U.S.
Department of Education as part of the National Partnership
for Reinventing Government's Access America initiative.
It is designed as a student gateway or portal to the federal
government. You can apply for federal student financial
aid, consolidate student loans, register for Selective
Service, search for national campsites, buy postage stamps
online, etc. This site offers links to every major federal
government agency, civilian and military.
- www.petersons.com.
Peterson's describes themselves as the "nation's
leading provider of educational content." This site
offers college search and selection, test preparation,
lifelong learning, financial aid, and career exploration.
Peterson's offers access to Sallie Mae's WiredScholar
(see below) and their own scholarship search engines,
a free subscription to their Velocity Newsletter, plus
an online bookstore selling titles at a 20% discount on
specialized topics in financial aid.
Information on sources of funding
and/or personalized scholarship searches
can be found at the following web sites:
- www.ed.gov/about/offices/list/ope/index.html?src=mr.
The U.S. Department of Education’s Office of Postsecondary
Education. This site offers direct links to databases
containing non-fraudulent information on public and private
financial aid programs. The site is designed to help students
make informed decisions when searching for resources to
postsecondary education costs and to avoid scholarship
scams. It also offers "Tax Cuts for Education,"
a link to the IRS "Publication 970 Tax Benefits for
Education."
- www.fastweb.com.
FastWeb (A Monster Company) claims to be the Internet’s
oldest and most popular free online scholarship search
medium. It is a searchable database of 800,000 scholarships
totaling more than $1 billion. FastWeb lets students create
a personalized profile that can be matched against its
expansive databases of colleges and scholarships. FastWeb
also notifies students when new scholarships are added
and application deadlines are approaching.
- www.wiredscholar.com.
This web site is maintained by Sallie Mae and is designed
to provide comprehensive information on planning and paying
for college. The wiredscholar scholarship search gives
access to 600,000 scholarships, grants, tuition waivers,
internships, and fellowships offering a total of over $1
billion in aid. While registering to "get wired,"
you can check off a box to participate in their monthly
$1,000 sweepstake drawing and to receive a newsletter.
While Sallie Mae does not share names and e-mail addresses
of scholarship service participants to third party vendors,
the site is used to feature information on their own financial
products and services. And they may use your nonpublic
personal information to offer their own or third-party
products and services they think you "may find interesting."
- www.finaid.org.
"The Smart Student Guide to Financial Aid" (mentioned
in the previous section) offers links to scholarship search
databases other than FastWeb. A sampling of the links
includes: the College Board's Fund Finder (also known
as ExPAN Scholarship Search), the Scholarship Resource
Network (SRN) database, and CollegeNET MACH 25. Mark Kantrowitz
also lists separate major-specific databases in a number
of areas of study including computer science and engineering.
- www.petersons.com/finaid.
Peterson’s Scholarship Search. Peterson's (a trusted
name in education and careers publishing) web site offers
access to a financial aid database of over 1.6 million
scholarships with over $5 billion worth of scholarships,
grants, and prizes. This web site offers information on
additional topics under "Articles&Resources."
It also offers quick links to its financial partners:
American Education Services, Citibank, Educaid, Key Education
Resources, and Sallie Mae's WiredScholar.
- www.srnexpress.com.
The Scholarship Resource Network Express search engine
accesses a database of scholarships containing more than
8,000 programs with a distribution level of over 150,000
awards worth a total of more than $35 million. This web
site focuses on private-sector, non-need-based aid and
includes information about awards from more than 1,500
organizations.
- www.collegenet.com.
This web site claims to have THE fastest scholarship search
on the web. Mach25 is a free, web version of the Wintergreen/Orchard
House Scholarship Finder database. This database lists
awards from 1,570 sponsors and contains over 600,000 awards
totaling over $1.6 billion. You can utilize a keyword
search to narrow down to a particular scholarship or group
of scholarships or enter profile information about yourself
to focus in on relevant scholarships. The site also offers
secure online admission application forms for hundreds
of colleges via eight key Internet admissions services.
- www.scholarships.com.
This web site claims to be the Internet's premier free
scholarship search engine and financial aid resource.
The organization states their website is "devoid
of annoying and intrusive promotions." It offers
a searchable database of over 600,000 college scholarship
awards worth over $1.4 billion culled from over 8,000
sources. You can utilize either the scholarship search
engine or view scholarships by category.
- www.scholarship-page.com.
A student frustrated by his or her own online search for
scholarships claims to have created this web site as a
resource for other students in 1997. The Scholarship Page!
originally focused on scholarships in the area of electrical
engineering but has since grown much larger. The site
includes a number of scholarship listservs plus links
to other useful web sites on the Internet.
- www.gocollege.com.
GoCollege publishers GCNet Corp. state they do not collect
personal information and then make it available to others
unless authorized by you. Their revenues are generated
strictly by advertisers and affiliated vendors. They state
that ABC network, in their 20/20 program about college
scholarships, explicitly pointed to GoCollege as a reliable
source for scholarships. Their GoScholarship Search database
(provided by Pinnacle Peak Solutions) contains more than
8,000 funding sources comprised of more than 600,000 individual
awards. It provides each funding source's eligibility
requirements, due dates, number of awards, award amounts,
and contact information. The site also provides information
on government programs, loan programs and links to other
useful sites in the realm of financial aid.
- www.fdncenter.org.
The Foundation Center’s Guide to Grantseeking on
the web. Foundations are non-governmental, nonprofit organizations
which award grants, primarily to other nonprofit organizations.
The individual grantseeker, therefore, should expect very
stiff competition for grant dollars. The Center has information
on all private foundations (approximately 45,000 exist
in the U.S. today). While its primary audience is nonprofit
organizations seeking funds, The Foundation Center publishes
"Foundation Grants to Individuals" in print,
on CD-ROM, and online. This publication lists over 5,400
foundation programs that make grants to individuals for
education, arts and culture, general welfare, and more.
Currently you can subscribe to this service for $9.95
for one month.
- www.usnews.com/usnews/edu/dollars/dshome.htm.
The publishers of US News & World Report offer a web
site with information to help students prepare for and
find a college. Its content is provided by Pinnacle Peak
Solutions (see also www.gocollege.com above). Click on
their icon, "Scholarship Search" to access the
Scholarship Research Center. The scholarship database
consists of 8,000 funding sources, including more than
600,000 individual awards. Information is included regarding
the funding source's eligibility requirements, due dates,
number of awards, award amounts, and contact information.
The site claims that a student's personal information
will not be re-sold.
- www.grantsnet.org.
Supported by both the American Association for the Advancement
of Science and the Howard Hughes Medical Institute, this
web site provides programs that offer training and research
funding for graduate students, postdoctoral fellows and
junior faculty in biomedical research and science education.
The web site offers special tools and resources to help
you customize your search, keep you up-to-date with the
latest trends in research and education funding, and provide
you with information on how to write winning grant applications.
- www.iie.org.
The Institute of International Education states it is
the world's most experienced educational exchange &
training organization. They assist the U.S. Information
Agency in its administration of the Fullbright Program.
IIE also administers over 250 programs on behalf of sponsors
that include the U.S. Department of State and the U.S.
Agency for International Development, foundations, corporations,
government agencies, international organizations and development
assistance agencies in the United States and abroad. For
a sense of the range and diversity of IIE sponsored projects,
please see their "Corporate Awards Programs"
under "Corporate and Foundation Programs," as
well as "Scholarship Awards & Grants" under
"About IIE."
- www.IEFA.org.
International Education Financial Aid. IEFA claims to
be the premier Internet resource for financial aid information
for students wishing to study in a foreign country. Here
you will find a comprehensive listing of grants, scholarships,
loan programs, and other information designed to help
students in their pursuit for international study. Click
on their "Financial Aid/Scholarship Search"
icon to conduct a search by field of study location of
study (country), and host institution. This scholarship
search service was created in January 1988 by IEFA and
the Director of InternationalStudent.com (see below) and
since then has developed a database of over 1,000 programs
of financial aid for international education.
- www.InternationalStudent.com.
IEFA states that this site offers "everything else
an international student needs to know." Links are
offered for scholarships (powered by IEFA), discount travel,
international student insurance, discount travel cards,
etc. The site was created in 1998 and and has since developed
into one of the most comprehensive resource sites for
international students. The Director of this site is also
Director of the IEFA web site (above) and the InternationalStudentLoan.
com web site which develops, administers, and markets, student
loan programs for international education.
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