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College Grants and Scholarships

Grants for college students determine whether or not many individuals have the opportunity to further their education. College grants and scholarships remain a top priority for the federal government, as well as lower levels of government.

President Obama's proposed 2011 budget "includes $173 billion in loans, grants, tax credits and work-study programs to help students go to college." (Source: US Department of Education, February 1, 2010)

Finding and applying for state and federal college grants can be a time consuming and confusing process. The Government Grants Internet Resource Guide helps college students find the grants for education they need. This includes private college grants and scholarships as well as government grants.

Find a college grant today! Learn more about the college grant resource guide.


One of the most important life decisions that a person can make is whether to continue to study at the post secondary education level. Education has a profound impact on a person's life, in terms of their learning, their involvement and participation in society, and their income. A college grant can literally transform an individual's future.

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How a College Grant can Help You

The College Board reports that college graduates will earn an average of $1 million more than high school graduates over their working lives. Last year, over 1 million new jobs were created for college graduates, whereas 2 million jobs not requiring a post secondary degree were eliminated.

Consider the 2008 statistics below, compiled by the National Center for Education
Statistics.

  • The median annual earnings of ages 25-34 who did not complete high school were 28% (men) to 38% (females) lower than the same age group who did complete high school

  • The earnings of those who completed a bachelor's degree or above earned 52% (males) to 91% (females) more than than those who had only completed high school

  • The above earnings advantage for men who completed a bachelor's degree or above rose from 14% to 52% from 1974-1995, and continues to rise.

  • The above earnings advantage for women in this age group holding a bachelor's degree or above rose even higher than it did for men. It, too, continues to rise.

What these statistics show is that the economic advantage of obtaining a college
education is growing every year. This is one of the reasons governments fund college grants and scholarships. This trend shows no sign of slowing down.


More recent education statistics (2008) show this income disparity in the median annual income of full time workers aged 25 years and older.

Men

High school diploma - $33,184
Bachelor's degree or higher - $52,985

Women

High school diploma - $23,061
Bachelor's degree or higher - $37,993

Read full report from the National Center of Education Statistics

Education and college grants are a high priority for every level of government. Government education grants support students in a variety of ways, from support for grant programs, to support for institutions, to support for individuals. The dollar amount allocated to federal education grants and scholarships is growing.

  • In 2008, federal support for education is estimated at $185.9 billion dollars. That represents an 81% increase from 1980, and a 62% increase since 1990 (numbers adjusted for inflation).

  • Post secondary education accounts for 22.6 billion dollars of the $147.9 billion, or
    21%. This represents a 24% increase since 1990.

How can this college funding help you? It is in the government's best interests to do all that they can to provide grants for education to help Americans succeed. Free college grants and scholarships help to build a highly productive, thriving workforce that provides the government with a sound, solid, and growing tax base.

Therefore, in 2005 the Government spent $32.8 billion dollars on education grants and loan programs. This is an increase of 28.2% since 1990.

Government college grants help students reach their goals. Shouldn't you be one of these students and learn how to find a college grant today?

 

 

 


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