A scholarship is a monetary gift for students to use for funding their postsecondary education. Scholarships do not need to be paid back, making them a desirable alternative to student loans. Scholarships may be used to pay for education-related costs including tuition, books, and other course materials. Some scholarships may also be used to cover food, room-and-board, laundry, and day-to-day expenses.
Thousands of different scholarships are available. Merit-based scholarships are typically given to students with high GPAs or an extensive record of community service. Other scholarships may be allotted to certain groups of people, including women or minority students. There are also scholarship options for students who demonstrate financial need. Nonprofits and organizations that support the African American community, some colleges and universities, and even some major employers offer scholarships exclusively for African Americans and minorities.
RESOURCES FOR AFRICAN AMERICAN STUDENTS
Click on more information about college scholarships for African-American students.
Click on more information about scholarships for Minority Students.
RESOURCES FOR HISPANIC STUDENTS
Center for Online Education
There are now over 2.4 million Hispanic individuals in college, comprising over 16% of all students. According to data from the National Center for Education Statistics, the number of Hispanic graduates has also increased significantly since the turn of the century.
Click on more information about financial aid guide for Hispanic and Latino students.
Other resources for Hispanic and Latino Students.
Scholarships & Grants for Hispanic Students - SCHOLARSHIPS FOR LATINO, FIRST GENERATION, MIGRANT & UNDOCUMENTED STUDENTS
More College Resources for Hispanic Students.