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Everything you need to about the Gates Scholarships and other grants.

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The Gates Scholarship (TGS) is a highly selective, last-dollar scholarship for outstanding, minority, high school seniors from low-income households. Founded in 1994, Bill and Melinda Gates Foundation has invested billions of dollars in scholarships for underserved and minority students. In 2017, they unveiled a new grant, viz. The Gates Scholarships . Each year, Gates Scholarship is awarded to exceptional student leaders, with the intent of helping them realize their maximum potential. Scholars receive funding for the full cost of attendance that is not covered by other financial aid, and the expected family contributions, as determined by the Free Application for Federal Student Aid (FAFA), or the methodology used by the scholar’s college or university. Gates scholarship funds the full cost of attendance that is not already covered by federal aid such as Pell Grants. The scholarship aims to enable highly promising low-income students to attend college and focus on their studies, ...

What is Arkansas scholarship lottery, and how it is awarded?

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Arkansas scholarship lottery is designed to create winning people and winning futures. This statewide system of games of chance, implemented in 2008, was the result of an amendment to the state constitution as a means to generate revenue and fund scholarships for qualified high school graduates to attend college in Arkansas post-secondary institutions. More than 720,000 college scholarships have been awarded to Arkansans through the lottery system so far. The Department of Finance and Administration Office of the Arkansas Lottery oversees the operation of the lottery, whose net proceeds provide scholarships and grants to Arkansas citizens for in-state colleges and universities. Arkansas scholarship lottery provides continuing entertainment to the public, maximizes the revenue generated, and preserves the integrity and dignity of the process. The first scholarship funded by the Arkansas scholarship lottery was called the Academic Challenge Scholarship. This was a scholarship for A...

What is a Pell Grant – Everything you need to know about the eligibility, amount, application process, and more

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If you are a college student and looking for grant opportunities to support your education, then you must have heard about Pell Grants. If you are wondering about what is a Pell Grant , whether you are eligible for it, and how you can apply for the same, you may find this article to be useful. So. Read on . Federal Pell Grant is awarded to undergraduate students who display exceptional financial need, and have not earned a bachelor’s, graduate, or a professional degree. This need-based federal financial aid is awarded by the U.S. Department of Education to help eligible low-income students pay for college costs, including tuition, and other educational expenses. However, some students enrolled in a postbaccalaureate teacher certification might receive a federal Pell Grant. This is the largest grant program offered by the Department of Education to undergraduate students. Eligible students receive a specified amount each year under this program. Created in 1972, this federal grant progr...

Government homebuyer grants for first-time home buyers to help with down payment and closing costs

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The cost of buying a home for the first time can be overwhelming but there are programs and government home buyer grants that can help you with down payment and closing costs. Down payment is the large initial expense that is required for most types of mortgages. Down payment assistance programs are typically available to first-time home buyers. Thousands of dollars are available for those who qualify for government home buyer grants; however, the amount and type of assistance varies a lot according to the program . Almost every state offers government home buyer grants to help first-time homebuyers with the down payment, which is usually administered by a housing finance agency, or other government organization. Federal Housing Finance Agency (FHFA) discounts first-time home buyer interest rates so that homes become more affordable. national Homebuyers Fund (NHF) is a nationwide homebuyer assistance program that provides grants or three-year forgivable loans to first-time bu...