There are a lot of financial college assistance programs that a single mother can utilize. Some examples would be programs that are funded by the state or the government while others would be from the university or college that provides direct financial assistance. Through acquiring financial assistance, the mother would be able to finish college education and get a high paying job and be able to provide a better learning for the child.
The financial aid that is allotted specially for mothers who are living alone will be getting an increase as the years will go. The Higher Education Opportunity Act of 2008 has mandated that there will be an increase in the financial help that were given for single mothers. This means that the grants by federal levels which are meant for child care aid and single moms with low income will be increased. Another law was signed during the same year that aims to provide college assistance to mothers. This law is called as the College Opportunity and Affordability Act. Some supplemental grants that can be used for college textbooks as well as Pell grants will be received by single mothers who will apply for this program.
Approximately more than ninety one billion U.S. dollars are allotted every year by the U.S. government to provide assistance to more than 15 million students which includes single moms. These figures are reported by the U.S. Department of Education before the passing of the law regarding the financial assistance bills.
Because of the bills and the acts that were mentioned, more colleges and universities would be able to provide more financial aids and grants to single mothers who are aspiring to finish college education. The provisions of such grants like single mom scholarships are very helpful especially to mothers who would like to get higher paying jobs through finishing college education.
Seeking Consultation from Financial Assistance Advisors for Single Mothers
The John Hopkins University is processing more than $65 million dollars for financial assistance needed to finish college education. They also have more than 40 Financial Assistance Advisors who are always willing to help aspiring applicants who would like to apply in their university. If youre a single mother who would like to earn a degree in college, then you can seek consultation from these financial advisors so that you can create your own financial aid portfolio.
Usually, these financial aid advisors for single moms can be seen at the universitys financial assistance office. The advisor has an extensive knowledge of all the available financial assistance programs that are suitable for a single mother. Programs would include scholarships for single moms, programs for disabled mothers, and free scholarships for single mothers who have part time jobs. Usually, the financial aid programs that are available for mothers are scholarships for a specific career, grants, and fields that would encourage participation in the state government.
Financial Assistance and Grants from the State Will Help Single Mothers to Finish College Education
Statistics show that almost seventy five percent of the overall undergraduate students are receiving financial aid, while approximately half of the total undergraduate students are receiving grants for their post secondary education. There are two available federal grants that can be utilized by single mothers. These grants are the Federal Supplemental Opportunity Grants and the Federal Pell Grant. Both grants are need based, meaning these grants are actually the main source of financial assistance of the single mothers. As for single moms who have a low income job, they can utilize the financial assistance provided by State and Federal grants in order to attend a local community college. Approximately 91 percent of the overall undergraduate students who are currently receiving assistance from the federal grants would normally make at lower than $32,000 per year in their work. For single mothers who are interested in applying for the mentioned grants, an online application form is available.
As the years pass, it is very evident that the tuition fees keep on rising. The average tuition fee has rose from four thousand five hundred dollars to six thousand one hundred eighty five dollars from the year 2004 up to 2007. If you would compute for the total college expenses that are needed to complete a year in college, it would be equivalent to the total annual income of single mothers with low paying jobs which is about $13,589. To be able to meet the annual expenses, the single mom would need a combination of two grants, the state and the federal grant.
There are a lot of financial assistance programs that a single mother can utilize. Seeking consultation from financial assistance aids would be the best start.