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Thursday, December 10, 2009

Help On Receiving A Gates Scholarship

By Jake Green

In the world where everyone forgets the path they came across, we will see to a person who has contributed for the deprived and lowly. He is one of the well-off person in the world, CEO of a big organization, where millions of people are working around the world. He is Bill Gates. He has made a mark in the world with his knowledge in the technology, but we will look into the tender side of Bill Gates who is contributing a part of his earnings for the deprived people who does not have enough facilities for their teaching.

Bill Gates has formed a institution with his wife Melinda Gates to spread the endeavor to help lowly students of different communities. The institution provides funding for students who are coming from very low income families. They have named the scholarships as Bill Gates Scholarships. The students from different ethnic groups like Native Americans, African Americans, Hispanics and Asian and Pacific Islanders are privileged under this scholarship. There are various scholarships based on the need of each module.

Other than giving scholarships to deprived students, the agenda of the institution includes giving big contribution to black colleges and those offices who provides scholarships to minority students.

If you honestly think you might be faced with financial problems again, it is important that you know the different financial aid programs available for your college-bound child. Just keep reading to learn the financial aids that are available to you:

Need is the main eligibility criteria for the scholarship. If a student scored low but has the strength to make good result, he/she becomes adequate for the scholarship. The current score will not become a barrier for giving the scholarship.

The main aim of the institution is to make the field of science and technology to reach all area of the society. The information and technology should not be denied to anyone. Hence the scholarship does not have the barrier of nationality. It is given to all who have a permanent residence license to US.

'Student Loans': these types of loan have much lower interest rates compared to other sorts of loan. Some loans are off-set, which means that the interest does not accumulate until a student finishes college. Moreover, these loans do not require collateral, and therefore, you do not need to worry about putting your own home up as collateral against the student loan for your child. Most of these loans are available on different repayment plans at low interest rates and low monthly installment payments.

The students can get an on campus job or try to get any other scholarship in addition to the scholarship provided by Gate institution. This will relieve them from the burden of student loan and can peacefully complete the module. - 23223

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