Scholarship Information For Filipino-American Students
Filipino American Heritage Month comes in the month of October. Now that school is just open from the summer break, many people’s minds are turning to the next step. A college education is important for a lot of reasons. Not only can it improve the student’s chances for gainful employment, it can also help prepare the student for the most important challenges of all.
Financial aid is available to help students meet the many expenses of college. Financial aid comes in three basic forms. Grants, loans and scholarships. Grants are free money and usually are offered by the federal government. There are also grants offered by state governments. Loans are usually a means of last resort, and not recommended. They do cover most of the cost of school, but paying them back can be expensive. Also if you miss one student loan payment, you can consider your credit rating ruined forever.
- The Banatao SAT Prep and College Admissions Scholarship is available to current high-school juniors who are of Filipino descent. This scholarship is about more than money. Included in the award is a 40 hour SAT preparation course. Applicants must be able to demonstrate financial need. Applicants must also carry a minimum 2.7 GPA to receive this award.
- The Banatao Family Filipino American Education Scholarship is also available to students of Filipino-American descent. This award is for $5000 a year, and can be applied for more than once. Applicants must be accepted at an accredited two or four year college, and be studying either engineering or science. Applicant must have at least a 3.0 GPA to be considered for this award.
- The Philippine International Aid Scholarship is offered in partnership with Wells Fargo. Applicant must be at least twenty-five percent Filipino. Applicant must have applied to an accredited two or four year school. Applicants must have graduated with at least a 2.75 GPA, and be able to demonstrate financial need.
These are only a few offerings available to Filipino-American students. There are many other places you can find scholarship information. The best place to start is the financial aid office of your college. The next best place can be one of the many free scholarship matching services online. It is recommended when using a scholarship matching service, to try and stick with the ones that won’t charge the student.
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