Awards help low-to-moderate-income students pay for higher education
USA Funds accepts applications for
$3.2 million in new scholarships
INDIANAPOLIS — USA Funds®, the nation’s leading education-loan guarantor, announces that it is accepting applications online for a total of $3.2 million in new scholarships to assist college students from low-to-moderate-income households.
USA Funds will award more than 2,100 new, renewable USA Funds Access to Education Scholarships® to qualified students nationwide for the 2007-2008 academic year. In addition to the new scholarships, USA Funds will award renewal scholarships to previous recipients who qualify.
The program offers $1,500 scholarships to qualified full-time or half-time undergraduates and to full-time graduate and professional students. Applicants for the scholarships must be enrolled or plan to enroll in coursework at accredited two- or four-year colleges, universities or vocational/technical schools beginning with the fall-2007 term through Feb. 1, 2008.
The program assists students from households with annual incomes of $35,000 or less.
“In keeping with our nonprofit mission to enhance postsecondary-education preparedness, access and success, these scholarships are designed to help increase the college-going rates of low-to-moderate-income students,” said Carl C. Dalstrom, USA Funds president and CEO. “Federal studies show that these students attend college at significantly lower rates than do their higher-income classmates.”
The application deadline is Feb. 15, 2007.
For complete eligibility information and to apply online, students should visit www.usafunds.org/scholarship on USA Funds’ Web site. A Spanish-language version of the scholarship information and online application is available from www.usafunds.org/beca.
Scholarships awarded under this program to residents of Alaska, California, Idaho, Oregon and Washington state are made possible with the support of College Spark Washington.