Posts Tagged course
The Hope Scholarship Or Lifetime Learning Credit Make the Right Choice
Uncle Sam has offered two different alternatives for families trying to cope up with their educational expenses – the hope scholarship and lifetime learning credit. You cannot claim both the credits at the same time. You need to make a selection between them. There are different criteria for eligibility and you need to be careful when making your selection.
Firstly, remember that these are tax credits. They are not deductions, so they lower your tax liability. So whatever taxes you are required to pay on your tax return can be reduced by either of these tax credits. If your tax liability is lower than these tax credits, then you are allowed to use these credits only to the extent of zeroing your tax liability.
Now let us analyze the features of these tax credits to get a better view of their suitability. The hope credit requires you to be enrolled in a school for a minimum of half time for the academic period beginning in that year. In contrast, to claim a lifetime learning credit, there is no such restriction. As long as you are taking the academic course, you are fine. Also the hope credit is available for the first two years of your post-school education while lifetime learning credit can be availed any time in your life.
If a student has felony drug conviction, he/she will not be eligible for hope credit. However such a restriction does not exist for lifetime learning credit. Both these alternatives are not available for people married but filing separately.
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The Truth About Scholarships & Financial Aid
The misconceptions about Scholarships and Financial Aid are endless. The most common is that it is: “Getting a scholarship is hard” people think that your chances are so slim, like 1 in a million. That is not the case at all. The truth is the more scholarships that you apply for the more you increase your chances of actually getting a scholarship.
The same principal goes for college grants as well. The difference is in the application process because with grants in some cases you need a co-signer. However the guidelines for college grants aren’t as strict as those of scholarships. With scholarships you have to take a specific amount of courses and maintain a specific GPA. With student loans…forget about it lets just focus on getting scholarships and grants free money for college.
College Scholarships are Free
The first thing that should come to mind when you think about college scholarships is the word free.
You do not have to pay to apply for a college scholarship. When you see advertisements for a scholarship that is not
free that is a red flag and most likely a scam.
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College Scholarship Letters of Recommendation
As a college student myself, one of the most difficult tasks of applying for college scholarships has always been getting letters of recommendation.
Many applications have very specific requirements for the letter of recommendation, others have very few requirements. While you want to make sure all requested information is in the letter of recommendation, there are a few things you want to consider when asking a professor to write a letter of recommendation for you.
Do you talk with your professors?
Talking with your professors about the course and asking questions in class and outside of class is a good thing. It allows the professor to get to know what kind of student you are regardless of the final grade you might receive. Intelligent questions and discussion far outweigh how you do on a test because a test only shows whether you can answer a question correctly or not. It is not necessarily indicative of what kind of student you are. When requesting letters of recommendation, try to request them from professor of classes in which you have significantly participated in. In general, these are the professors that can give you the best letters of recommendation.
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College Scholarship Search
For some, entering college is hard enough but with all financial obligations you and your family have been going through, there is no doubt that entering college is much more difficult.
On the average, a median college and university charges $20,000 a year per student. That would not cover other personal expenses for the whole school year. For this reason, finishing or even entering college is far more difficult that you can imagine; not unless of course if your parents have been very good in making more money than you can ever spend. Nonetheless, for most students like you and most families like yours, college could be a dream.
Not anymore, with several thousands scholarships out there, you can easily go to college for less, even for free!
But you have to remember first that not all college scholarship grants are created equal. There are those that answers partial expenses. There are those that answer full. There are other college scholarships that provide the need of minorities, particular degree the student would like to take, particular race, etc.
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Culinary Scholarships
You enjoy cooking and fine food. You have seen the reality television shows with the chefs competing for top chef and find it interesting. Whatever it is that gets your attention, you might find yourself interested in going to school to learn the art of culinary delights.
Although there aren’t a lot of scholarships available for culinary education, there also isn’t a lot of competition, making your odds of receiving a scholarship better.
So where do you look for culinary scholarship opportunities?
If you are still in high school, start with your Guidance Counselors to see what kinds of culinary scholarships and awards they know about, locally, regionally and nationally. Very often, the high schools themselves offer monetary rewards for good students, or the most dedicated from clubs and activities, which could include a cooking, home economics or vocational club. If not, at least, they should be able to steer you toward other sources because keeping track of that stuff is part of their job.
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