As anyone who’s gotten a financial aid award letter knows, the world of college funding is complex. There are grants, loans, work-study funds and scholarships to think about; assistance can come from private funders, institutions, state governments and Uncle Sam. The FAFSA provides a common starting point, but every college and every state has its own method for calculating aid once it’s filed.
When Sandra (Sandy) Lamb was asked to join the Baldwinsville Community Foundation Dollars for Scholars board, she never expected that commitment to last 18 years, though, many would ask, “Why not?” Sandy had already made a career out of helping students plan for their futures post-graduation running the local high school’s Career Resource Center. Her deep commitment to her students was the main reason for joining, and what she found sustaining her as a volunteer.
May 1st seems like a long way off, but it’s creeping up faster than you think. For those who are applying to college, it’s also a day you’ve probably marked on calendars: at most colleges and universities, May 1 is the deadline to confirm or decline your attendance. Choosing a postsecondary institution and study program are big decisions, especially considering the financial commitment they require.
Financial aid for higher education has never exactly been simple, but in the past it was usually fairly straightforward: students heading off to college would report their family’s financial situation to the government and their school, and earn a package of grants and loans based on those finances. They could earn more money through work-study, off-campus jobs, merit or need-based scholarships -- and, generally, those were the avenues they could take toward paying for college.
Now in its eleventh year, the ManpowerGroup’s 2016 Talent Shortage Survey asked more than 41,700 hiring managers in 42 countries about their companies and employees. And for the fifth year in a row, the survey found that skilled trades were the hardest jobs to fill globally. The reasons? Here are the top five:
Every scholarship program starts with the same goal: making a positive impact on the lives of students. But one of the hardest parts of establishing your program is determining realistic goals and a budget for the program. Just as with every spending decision in your daily life (and at your company), it is vital to spend some time thinking about all the components of your scholarship budget.
Does your organization offer an education assistance program -- a scholarship or tuition assistance program, for employees or employees’ children? It’s a terrific benefit, but one aspect is often overlooked: making sure your employees know about it.
Scholarship award season is exciting for everyone involved. Student recipients have to worry a little less about paying for college; parents can breathe a sigh of relief about the upcoming semester; and scholarship providers know that they’ve made a tangible, financial impact on a student’s future.
Receiving a scholarship makes a big impact on a student, and awarding a scholarship makes a big impact on the sponsor -- helping young people get closer to a degree is one of the most satisfying gifts you can give. But did you know: that scholarship has a direct, real impact on the worldwide workforce? We examined this intricate relationship in another post: