The job market these days have become so competitive that employees without a college degree will most probably find themselves unable to move even a single step up on the career ladder. College education is however expensive and not all high school leaving students are able to pay for college education. Most of the students to provide the financial resources required to continue their studies turn to student loan, which they have to pay back after completion of their studies with a huge interest. Feeling the problems faced by students many organizations working for the welfare of minority communities and many commercial organizations have developed scholarship programs specifically for students from minority communities. This article highlights financial aid available to students from Hispanic and African American communities.
Financial Aid for Hispanic Students
Hispanic Scholarship Fund provides students with many scholarships which are sponsored by different organizations. Students should have a minimum GPA of 3.3, good leadership abilities, and financial need to apply for these scholarships.
Margoes Foundation which works in tandems with the Hispanic Scholarship Fund provides Hispanic students with financial aid of up to $2500.
Several scholarships for Hispanic students are also funded by Proctor and Gamble; these scholarships are awarded through Hispanic Scholarship Fund. Students from the fields of science, technology, engineering or math can apply for these scholarships if they have a minimum GPA of 3.0.The amount of the award is up to $2500.
Scholarships for African American Students
Oakwood College United Negro College Fund awards a $2000 scholarship to African American students joining Oakwood College in Huntsville, AL.
National Black Nurses Association Ambi-Kiwi Scholarship is a scholarship program that helps students from African American community who are majoring in nursing .
The Congressional Black Caucus Foundation, INC sponsors the Vivien Thomas Scholarship program. This program provides financial assistance to students who are planning to join a medical related degree.
In addition to the above mentioned scholarship programs, students from minority communities can search for hundreds of other minority scholarships over the internet. Students can use scholarship search engines available on internet, which will make their search more convenient.
Some colleges and universities also provide special discounts to students from African American or Hispanic communities. These colleges are also some times referred to as Black colleges or Hispanic colleges.
Students from minority communities living in other countries can also search for minority scholarships available to them on the internet. In almost all countries organizations representing minority communities run such programs.