subject: Get Money, Get Smart [print this page] The US economy continues to struggle, and that unfortunately leaves many people with uncertain futures. Many people have been unemployed for an entire year or more with few signs of hope. Even recent graduates with plenty of education and ambition have found it difficult to get hired. The bad news is that some experts think these conditions are here to stay for the foreseeable future.
On the bright side, new economic ideas are a positive result of such tough times. The Obama administration and Congress have taken steps to make home ownership more attainable and to protect consumers in several areas. Another important area is education. There is more emphasis on making sure students have access to safe loans and college grants. The administration's Grants for Moms initiative is just one development. Building for the future begins with educating moms.
Obama scholarships for mothers are made possible by federal Pell Grants. For the past few years, the maximum award for Pell Grants has been increased to $5,000. With $5,000 moms can pay for any number of school-related costs. Tuition, room and board and travel expenses are some of the items that are considered school-related expenses. The grant also allows for flexibility in choosing a school. Grants for mothers can be used at 2- and 4-year institutions as well as some online options.
To begin the process of applying for aid it's important to fill out the FAFSA, the Free Application for Federal Student Aid. This online application is necessary to be awarded any federal grants. There are also many other resources to help you learn about what is available for you. You may even find other tax credits or scholarships that you didnt know about. The financial aid office of the college you want to attend can also provide valuable information.
Education scholarships are a strong building block for the countrys future. Sending moms to school has dual benefits: preparing them to be productive members of the work force and allowing them provide for their families. Obama's scholarships for moms will go a long way toward changing things in a positive way. Education is necessary to equip our leaders now and to prepare new ones for the future.
by: Marlon Jackson
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