College admissions programs are changing, with more scholarships being awarded for high-achieving students than ever before.
The number of applications for scholarships and grants to applicants from low-income families is on the rise.
In recent years, students who are low- and moderate-income have become increasingly interested in pursuing higher education.
“A lot of students want to do more in the world outside of school,” said Sara J. Schulman, president and CEO of the National Association of Scholars.
“They want to study abroad, they want to be more involved in their community.”
Schulman said this is especially true for the students from low and moderate incomes.
She said a lot of these students have parents who are high earners, and that can have an impact on the student’s ability to earn a college degree.
Schulmans daughter, a first-year in college, is studying to be a doctor.
“It’s a little difficult, especially with my mom,” she said.
“She’s a stay-at-home mom and she’s got four kids.
I want to go to college, but I want my kids to get a good education.”
Scholarships awarded to students from lower income groups have also increased, from $400 in 2009 to more than $1,500 today.
Scholarship programs have become more expensive since 2008, when the Obama administration imposed new rules for federal grant awards.
But with the Obama administrations new guidelines in place, many of the scholarships awarded are going to students who don’t have the financial resources to complete the required four years of college.
Schulerman says these new guidelines will help to alleviate some of the financial barriers faced by students who do not have a college education.
Schulsman said that in order to qualify for these new grants, applicants must have been a student for less than four years.
That includes not completing the required minimum four-year coursework.
For example, students in the 2019-20 school year would need to have taken four courses over that period of time.
“I think it’s a good thing, because these are students who have been able to get by,” Schulmans son said.
“It’s also a good way to raise awareness about the financial realities of this,” Schulerman said.
Schulzman said the scholarship program she leads with her husband, the president of the Association of American Universities, is helping to increase financial literacy among the community.
The scholarships will be given to students with disabilities, those who have a chronic condition, and students who attend or have attended community colleges.
Schuluis son said she believes the program has made a big difference in the lives of many students who may have been denied admission.
“Students who were denied admission in the past may be having a hard time now because of this program,” she explained.
Schultzmans son is currently pursuing his master’s degree at a private institution.
“We’re hoping to have a graduation and get him a job,” she added.