Students pursuing finance degrees can apply for the Paul S. Mills Scholarship
Even if you are an associate degree student you can still get funding for school, for example you can apply for the Paul S. Mills Scholarship
If you’re like most students, you’re probably cash-strapped. So consider this bachelor degree alternative – start a community college program instead, which is cheaper and definitely more flexible. Get a bunch of credits there and if you decide a bachelor degree is the way to go for you, transfer to a four-year college to graduate with full honors.
Community colleges usually offers 2-year programs that provide associate degrees at much lower tuition levels. On top of that, you can easily opt for an associate degree online which offers a lot more flexibility than traditional degrees. If you’re working or have other engagements, a distance learning program might be the right choice for you.
But just because we’ve stressed that associate degree online programs are cheaper than traditional ones, doesn’t mean you will be able to enroll into one free of charge. The reality is that you’ll have to pay for an associate distance learning program just as you would for a full bachelor one. And if you’re lacking financially, paying for school could easily turn into a big challenge.
The solution to the problem – grants for school. Grants are the best sources for money when you’re going to college. These scholarships are available for free and you won’t have to repay the money you have received like it’s the case with student loans. Grants can be awarded based on need, merit, a special talent or a particular interest in a topic.
So even before you decide which college you’re going to attend, you should also research scholarship opportunities just to see what’s out there.
For example, students looking to pursue a career in a financial service related field can apply for the Paul S. Mills Scholarship. Candidates need to be a full or a part-time students enrolled (or accepted) with an undergraduate college or university program. Which means students of associate degree programs are also eligible to submit their applications.
Most importantly, candidates need to be pursuing a course of study in finance or financial-related fields including finance, accounting, insurance or risk management, actuarial sciences, and related fields of business.
Furthermore, applicants have to demonstrate financial need by submitting the FAFSA (Free Application for Federal Student Aid) or similar documents. Last but not least, students are expected to write a short essay (500 words) in which they describe the reason behind their choice of pursuing a career in finances, as well as explain why the scholarship is important to them.
The Paul S. Mills Scholarship Program will award three to six students a scholarship of $1,000 each. Applications should be submitted until March 30, so you have plenty of time to really create a thoughtful and polished essay. It’s highly important you don’t send in an essay with spelling or grammar mistakes, so make sure you ask someone (friend or family member) to proofread your writing before you send it in.
The Paul S. Mills Scholarship isn’t the only one available for students of associate degrees and a quick search online will reveal more.