I'm currently a junior in high school and trying to find the right
college to go to. My Father makes a lot of money and has a lot of
assets. There seems to be very little scholarships out there for me.
My Father wants to give very little money towards my college. Are
there any scholarships out there for the wealthy, whose parents don't
want to give any money to them? Is there any solution to become
independent from my parents?
Scholarships for the wealthy. Up to know I've had no idea what to do
with myself, but now I've found my calling. I'll go to third-world
countries begging for donations to send rich, over-privileged kids to
college. Thank you for opening my eyes. Wealthy College Endowments Beat the Stock Market - ZNNW News::
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Abstract: Although many factors discourage the movement to build a community college on Chicago's wealthy North Shore, a few leaders with political clout
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hi,
u can join in germany because in germany there is no tution fees and
they are giving stipend for u... and the boarding and lodging will be
free.....
u can earn money even in part time.if u work for for 8 hours u can
spend that for a week.....
Try a scholarship search service, such as http://www.fastweb.com to
identify scholarships that you may qualify for. Also, your guidance
counselor can be a good resource when it comes to locating local
scholarships you might be eligible to apply for. Have you considered
going into the Service and letting Uncle Sam pay for your education?
Have you onsidered getting information on educational loans? Perhaps
discussing these as possible options with your parents would show them
that you are serious enough about your education that you are looking
into various ways of financing it. And it has to be said that there
are a number of great middle-tier schools - at which you can receive a
fine education - that give pretty generous scholarships if you have a
decent transcript. If you need help identifying some of these, or
more specifics on the scholarships, I'd be happy to help out. Virtual Saskatchewan - Cannington Manor historical park::
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mvohanesian,
Your dad may be doing you a big favor.
I have wealthy clients. Many of the kids..er...uh...young adults are
completely messed up from the influences of Dad's money. Paying bail
money for Junior is one of my least favorite duties.
On othe other hand, I have a client in Chicago worth $20+ million.
His kids have received no special treatment of any kind. His kids
work like longshoremen---all have had jobs throughout their lives.
They are all well-adjusted, and the oldest is now starting his own
business.
So rest assured...Dad loves you. You will find a way to pay for
college, and someday you will thank your Old Man.
ron
Student loans.
How the middle half lives.
Come on, nelson-ga... This is what, probably a 16 year old guy who is
trying to figure out how to pay for college. I'm sure he found your
comment very helpful.
Mvohanesian - Typically, it is tough to prove financial independence
from parents. In order to be proven financially independent, you need
to be one of the following: 25 or older, married, working towards a
degree beyond a bachelors, have kids, be an orphan/ward of the court,
or a veteran.
But, parental wealth typically doesn't impact scholarships and being
considered financially independent won't necessairly help your chances
with getting scholarships. While some are directed at specific
populations...left-handed people, low-income, etc., many are merit
based. So depending on your grades, any skills, sports, etc., you can
probably find something you may be eligible for. I would bet your
high school counseling office has resources on these types of
scholarships. Another good resource for scholarships is the colleges
you are looking at. Oftentimes, schools will have their own
scholarship programs for their students. For example, where I went to
college gave every student with a GPA over 3.0 a certain amount of
money, and over 3.5 a bit more money.
Honestly, your familiy's wealth will probably make it harder for you
to get good student loans than scholarships. By "good" I mean
subsidized (0% interest rate) or low-rate student loans. But you will
be eligible for some loans. But you will be able to get some kind of
loans if you need them
I agree with Ron, it sounds like your Dad really has your best
interests at heart. It won't be easy, but we always value things that
we have to work for over things that are handed to us. I would be
that if you approached your father with the attitude of respecting his
position and asking him for his help as you figure out how to finance
your college education, he would be willing to help. But, even if he
can't or won't help, then you schools counseling office will
definitely be able to and will also have a vast range or resources
available. Best of luck to you.
I don't know about the boarding and lodging being free in Germany,
rather doubt it, and there is talk about establishing tuition. If
this happens, Germany will might follow the lead of England and impose
much higher tuition on foreign students, but probably still much less
than what a good college can cost in the States.
Mvohanesian,
Your father's attitude may change if you get accepted to a good
college, which is the first step. Also, his attitude may not be about
spending money but rather about how he feels about you at the moment.
Teenagers can be difficult for parents, even pretty civilized
teenagers (I used to have a couple). Maybe he wishes he had taken the
route that the Chicago father had and is trying (threatening to) jump
on that train for the future.
When the time comes, your argument is that he isn't giving you the
money - or wasting it on you - but making it possible for you to get
the best education available, the best thing for your future.
Yes, there are merit scholarships awarded by some colleges to attract
outstanding students who probably could afford go to a better college
or win a scholarship there. The best colleges don't have to use merit
scholarships. Some of them claim that when selecting students they
don't consider whether or not the parents can pay the tuition. Get
accepted, and college will then talk about financing, if necessary.
And if it isn't, I doubt that a father would then insist that his son
had to go to a cheaper college simply to "teach him a lesson."
Well, I certainly hope not.
Work towards getting accepted to a good college.
Good luck, Myoarin
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