Over the past few months, we’ve been hearing a lot about President Obama urging moms to go back to school. Many moms don’t know that there are scholarships available to help pay for school, according to income. For single moms, or couples with a low income, that’s a big benefit! Getting your degree now is a great way to be prepared for a good job once the economy picks up.
In reality, this grant is available to anyone who meets the income requirements. Moms (especially single) are targeted because of they’re busier and usually struggling for cash.
There are a few details you should be aware of before filling out your college applications.
1. The Federal Pell Grant has been increased to over $5,000! Not everyone is eligible, but you should definitely apply. If you don’t qualify for the grant, there are other grants that you may be eligible for. You can apply online here.
2. The American Opportunity Tax Credit will grant you up to a $2,500 tax credit, depending on your income. For more information, click here.
3. Search the web for scholarships. You’d be surprised with how many you can come up with! Here is a site with a list of scholarships available from different colleges and sites.
What are you waiting for? Get out there and start applying!