Scholarships for Immigrants

loan consolidation companiesDespite being costly, college education in America has many benefits. On average, college graduates earn 66% more than a high school graduate. Furthermore, a college graduate is less dependent on public programs with lower rates of institutionalization. In addition, college students’ chances of gaining employment are better as they provide higher annual earnings and home ownership rates. In short, college education will lead to a productive life.

For most students, pursuing a higher education may not be possible without some sort of financial assistance. Financial assistance in its various forms (loans, grants, scholarships, etc.) is available to those who are either citizens or permanent residents of the U.S. Notably, some organizations have reserved their scholarships for immigrants, giving them an opportunity to pursue their American dream. In general, scholarships are gifts that do not need to be repaid.

Scholarships for Immigrants

Scholarships for immigrants are not as widely available as other scholarships. However, the good news is that a variety of sources like the Western Union Foundation’s Family Scholarship program, the Paul and Daisy Soros Fellowship for New Americans, the New Immigrant Scholarship, the Dream Scholarship fund and others offer exclusive scholarships for immigrants.

All the aforementioned scholarships come with specific eligibility requirements. They may cover the students’ expenses in entirety or all of them and some of these scholarships may cover only the first two years of a student’s academic life, while others may provide funding until graduation. Whatever the case, it is important to remember that finding scholarships for immigrant students requires much work, since they are not as widely available as other scholarships.

 

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