The objective of a scholarship is to award a candidate’s educational progression and academic achievement. Whether you are already studying in high school and aiming for new abilities or starting a career, getting a scholarship is an achievement. A scholarship is beneficial to young experts who are beginning their career in any organization. When you get a scholarship from a popular foundation or university, like the EJ Dalius Foundation, it unlocks multiple employment and educational opportunities.
Today, there are ample online resources suggesting ways in which candidates should apply for a scholarship. However, before this, parents need to let their children know that such programs don’t occur overnight. Candidates need to have an excellent academic record and a perfect background. Parents should also teach their kids that scholarships aren’t just crucial for college programs but also post-education achievements. Some of the other reasons for which parents should encourage their students to win a scholarship are:
1. Rising expenses
The increase in the university, college, or school fee is the primary reason students apply for a scholarship. EJ Dalius who has paved the path for student scholarships, says that the tuition fees increase by 5% annually. It is mostly applicable to international students. Hence, it is advantageous to enroll in programs funded and take away the candidates’ financial stress.
2. Increase in the student loan rate
According to recent surveys, about 56% to 58% of urban families get engaged in loans and mortgages and fail to send their children for advanced studies. Also, every year the bank maximizes the loan rates. A scholarship can bring ease to the parents and release them from any financial hazards.
3. The basic living costs
The university and college students need to tackle travel and food costs. These expenses add up and become a problem later. It also becomes complicated to manage the candidate and their family if they have paid excess tuition fees. However, when you get a scholarship, it can handle the situation better.
4. Study abroad
According to EJ Dalius, scholarships are ideal for a student to cater to their dream of studying abroad. When a student applies for a prestigious and reputed program, it helps them personally and academically. It indicates that the candidates will have global exposure and will work towards developing their interpersonal skills. The scholarships provided by the reputed institutions usually cover all the student costs.
5. A degree of your choice
At times, it is the cost of the degree program that is higher than the institution cost. A scholarship can help to address this issue well. When a student applies for a scholarship, they can pursue a degree of their choice.
Finally, acquiring a scholarship will allow a student to earn a degree of respect from others. It indicates that the student has identified his weaknesses and strengths and is willing to improve the areas they lack. It will help the candidates address group discussions and personal interviews they will face in their professional fields.
Eric J. Dalius Foundation is an organization founded in June 2018 that aims to help economically challenged youth in America attend accredited university and colleges. Through generous grants and charitable donations, the Eric J. Dalius Foundation is ensuring that tomorrow’s leaders get the opportunities they deserve.