According to Fox News, the U.S. Census Bureau estimated that about 2.1 million Hispanic and Latino college students were able to graduate with a bachelor’s degree or higher in 2001.
A little over a decade later, the number has increased by about 80 percent, boasting almost 3.8 million students in 2011.
As the 2012- 2013 school year quickly approaches, you may be wondering if you will be a part of the statistics four years from now for Latino college graduates.
After all, there are many problems that could get in the way of you completing your college degree. One of the biggest issues you may come across is, of course, the rising cost of tuition.
Will you be able to afford your education this coming year? What about next year?
If the answer to these questions is “I don’t know,” you might want to begin looking into the various Hispanic scholarships available to help you with the cost of a college degree.
List of Hispanic Scholarships
These days, if you want to obtain high paying employment, support your family, and live a comfortable life, you need to attend college. While we are raised to understand this importance, many of those who wish to earn their education don’t have the money to do so.
If you are of Hispanic or Latino decent, you may have the opportunity to attend the university of your dreams, without having to pay as much for it.
Here are just a few of the many scholarships available specifically for Hispanics and Latinos:
- Actuarial Scholarships for Minorities – The Actuarial Foundation provides the Actuarial Diversity Scholarship for minority students who wish to pursue a degree that will lead to a actuarial career. High school students applying to college can obtain $1,000, college freshman and sophomores can receive $2,000, and college juniors can receive as much as $3,000 for their following year of education. Visit their website
- Earl G. Graves NAACP Scholarship – The National Association for the Advancement of Colored People provides junior and senior business majors a scholarship award of $5,000. In order to obtain this scholarship, students must be enrolled in an accredited school, be in the top 20 percent of their class, and be a full time student. Visit website
- First in My Family Scholarship Program – If you are a Hispanic or Latino American and are the first in your family to attend college, you may be eligible for the First in My Family Scholarship Program from the Sallie Mae Fund. Winners of this scholarship can receive awards from $500 to $5,000. Applicants must have a grade point average of at least 3.0, be U.S. citizens, or be permanent residents of the United States enrolled in college. Check out scholarship page
- Hispanic Scholarship Fund Program – The Hispanic Scholarship Fund Program provides financial assistance to Hispanic and Latino students who wish to obtain their education. A general scholarship is offered to undergraduate and graduate college students, students who transfer to community colleges, graduating high school students. The Gates Millennium Scholarship, established by Bill and Melinda Gates Foundation is also available through this program for high school seniors. Amounts per scholarship vary, ranging from $1,000 to $15,000. Higher awards are given to students enrolled in four year institutions. Apply for a HSF scholarship
Simple Tips to Know Before You Apply
When applying for Hispanic scholarships, it is essential to keep the following tips in mind.
- Review the eligibility requirements for each scholarship before you apply. Some have specific requirement, such as full time student status or financial need. Many scholarships are limited to specific students, such graduating high school students, undergraduate students, graduate student, or students obtaining their doctorate.
- Essays are an important part of scholarship selection. Have someone else, like a family member or teacher read your essay before you send in your scholarship application. As they review the essay, have them check for spelling errors, grammatical errors, and see if your essay answers the question on the application.
- Keep a close eye on deadlines. Most scholarships must be turned in on specific dates, and each one will vary. If you miss a deadline, you will have to wait until next year to apply again.
- Begin and finish your application as quickly as possible.
If you are a Hispanic or Latino American interested in attending college, don’t let financial need keep you from living the dream.
Plenty of Hispanic scholarships are available. Begin the application process today.