Don’t know how you will pay for college? LendEDU wants to help
Paying for college is becoming an increasingly difficult task, but with the help of scholarships you might be able to succeed without depleting all your finances
Students who have finished high school have to make a choice: do they enroll with a university degree or decide to pursue something else? A full bachelor degree takes four years to complete, but if you’re eager to enter the work force sooner, you might want to consider enrolling with an offline or online associate degree.
For those who don’t know, an associate degree is a type of postsecondary offline or onlinedegree program which earns you a diploma rated higher than a high school diploma, but is on a lower level than one obtained through a bachelor degree.
The greatest advantage of an offline or online associate degree is that it can be completed within two years, although some accelerated programs that can be completed in less than a year also exist. What’s more, some schools offer credit for work experience, so working students enrolled with an associate offline or online degree program are at an advantage.
Two-year degrees are available with community colleges, traditional universities, vocational schools, and trade schools. And many of these institutions will offer students the option to either attending a campus-based program or earning their degree online.
There are many reasons why you should enroll with an associate degree, except the fact that it takes half the time to complete. For example, a two-year degree can lead to better job prospect, a higher salary and provide the occupational training you need to enter a specific business field.
On top of that, associate degrees are cheaper, so you’ll be able to pay for them faster. If you win a scholarship or two, you’ll be able to kiss your financial worries goodbye in no time. Not all scholarships welcome associate degree students to apply, but those who do are pretty common-place. Here’s an example.
The LendEDU scholarship is available for high school seniors or full college students who have maintained a minimum 2.5GPA in high school or college. The scholarship is worth $1,000 and will be awarded to two students.
In order to be eligible to receive the grant money, students are required to write a 750-word (or less) essay which answers the following question:
“With more people taking on student debt to pay for college and record high default rates, what do you think can be done to improve the financial literacy of our nation’s young adults to help this problem?”
You have until October 15, 2017 which doesn’t leave you a lot of time to come up with the essay, but a quick brain storming session should supply you with the necessary ideas to complete the task.
Once you are done, check LendEDU’s website and fill in your Name and Email and then paste in your essay. Or you can just attach the file in .doc(x) format. Then you keep your fingers crossed in hopes you’ll get chosen as the winner.