PAY YOUR BILLS
START A BUSINESS
FREE MONEY SEARCH
FREE MONEY NEWS
I am planning on pursuing a 2-year paralegal degree, starting this spring, at my community college here in Oregon. I want to attend school full-time and not have to work. I applied for a Pell Grant, Perkins and Stafford loans, and Oregon Student Assistance. You should know that I am 40 and unemployed.
Add to Favorites
You are a wise man. It is very difficult to succeed in our society now-a-days unless you have as much education and training as you can possibly get. Statistics show that a college degree alone is worth over $1 million. Here are the statistics from the Employment Policy Foundation, showing what the average person makes in a lifetime based on their education level:
Education Level Lifetime EarningsLess than a High School Diploma $993,466High School Graduate $1,298,316Some College $1,462,3792-Year Degree $1,527,5824-Year Degree
$2,173,417Master Degree $2,313,426Doctorate or Professional Degree
You can see the difference from someone with just a High School Diploma earning $1,298,316 and someone with a 4-year degree earning $2,173,417 is close to $1 million dollars or double your earning power.
So where else are you going to get $1 million dollars by just investing a few years of your life? Even if you have to put in your own money to take out loans to pay back the money. It's worth it to make $1 million dollars.
But, let's see if we can help you not put up any money at all and do the entire thing for free.
It is great that you have already investigated the major money programs the government has for higher education. Although the government does give out a lot of money, in terms of pure number of scholarships, they represent a very small percentage of what is available. There are thousands of scholarships available and no one source has them all, not even us. The biggest pile is from non-government sources and as I mention below, it is impossible to have one source for them all. But use the $3.00 trick that I explain below. It's a fun way to get the best info.
If for some reason you still have an open mind about a career path, be sure to look through the Catalog of Federal Domestic Assistance at education programs to do with health care and Homeland Security. These, along with being a teacher, are areas where the government is spending a lot of money to encourage people of all ages to continue their education.
1) Find All Federal Government Money Programs For EducationThey are described in a book called the Catalog of Federal Domestic Assistance. This book is available at your local public library or the U.S. Government Printing Office www.gpo.gov. You can also search the contents of this book for free on the web at www.cfda.gov.
2) Find All State Money Programs For EducationThere are close to 400 programs worth almost $3 billion dollars in financial aid available through all 50 states. Did you know that there are state money programs which:
Every state has grants and other money available for higher education. Look for the state office of higher education. You can find them by dialing 411 and asking for your state capitol operator or by going to the web at www.govengine.com and clicking on your state.
3) Find All The Non-Government Money ProgramsThere are dozens of scholarship directories available. And because one directory cannot possibly have everything, it is better to have a collection of scholarship directories, but this can become too expensive. So, you can go to your local library as they have the latest edition of enough directories that can help you, or you can go into a local large bookstore that has a coffee shop and buy a cup of $3.00 coffee and spend an afternoon at the bookstore looking through all the books. You are only going to get a few scholarships out of any one book. Copy down the information and do your follow-up. This way, for the price of a cup of coffee, you have access to hundreds of dollars worth of directories. Most of these big bookstores have big comfy chairs to encourage you to spend time there using their books. Such a deal.
4) Free Research To Find More MoneyThis is a free information clearinghouse that has free research either on the web or on the phone on any education topic. For example, you can search for information sources on topics such as scholarships or financial aid for graduate students. What do you have to lose? It's FREE. Contact: Education Resources Information Center (ERIC), 800-LET-ERIC (538-3742), www.eric.ed.gov.
Sorry that I left you with a bunch of work yet to do. You are probably tired just from reading all this. That's the problem with life now-a-days. It's a lot bigger and complicated than it used to be. When I grew up in the 50s there used to be just one place to turn to for help, and that one person seemed to know it all. Now times have changed. No one person knows everything anymore. Life's become so complex. Even I, who has been studying money programs for over 25 years, and am likely to be the best one in the country at it, still don't feel like I know it all.
You can't trust a "no" answer anymore. No, just means that they don't know anything. It seems that success in this world goes to those who don't take no for an answer and find a way to solve the problem no matter what the experts say. The experts are wrong too many times to trust them completely.
It's fun to continue to learn new sources of help and new skills for finding money. I always believe that the sources you identify this time and don't use will be of value to you some time in the future, but you just don't know it yet.
I hope our sources give you some help. Hang in there; it's a big world and there are lots of sources waiting to help you, but they won't come looking for you, you have to go looking for them.
Matthew LeskoEntrepreneur and Best Selling AuthorInformation USA, Inc.www.lesko.com