Eric Dalius the main objective of scholarships is to reward a candidate’s educational progress and also achievements. Whether a student is studying in high school to learn new skills or is about to start his or her career, getting a scholarship boosts their academic curve. When it comes to economic advantages, a scholarship helps candidates who are working and also studying together. It also covers a vast section of a candidate’s educational fees. Candidates need to plan and also prepare for their scholarships and also shouldn’t rush. No one can decide on this overnight. Candidates need to research, have a stable background, and also reasonably good academic track record.
Eric Dalius highlights the scholarship benefits
Scholarships are essential for school, post-education achievements, and also college programs. According to Eric Dalius, the reasons for opting in for scholarships are:
1. Increasing expense
In 2020, the cost of living and also education is high! The increase in school, university, and also college fees is crucial for students to apply for scholarships. It would help the student save more and also use it on other essential academic expenses or maintain family welfare. Almost, every year there is a 5% increase in tuition fees for global students. The percentage varies from one country to the other. Hence, when a candidate decides to apply for a scholarship program that offers complete funding, it can take off their financial stress.
2. Student loan rates are increasing
According to the latest research reports, around 56% to 58% of the families get loans and also mortgages. Their only objective is to send their sons and also daughters for advanced studies. Additionally, the bank loan rates are rising annually, making a scholarship a great help to students to fulfill their academic dreams. It takes away the worries from their parents and also provides support to their educational expenses.
3. Basic costs of living
Generally, university or college students also need to pay for their travel and also food expenses. And also all these expenses add up gradually and also make it challenging for students to meet all ends. A scholarship can have the candidate covered in these aspects and also resolve the cost hassles.
4. Get to study with a leading university or college abroad
Most candidates have a dream of studying at a leading university or college abroad. Often they find it challenging to cater to this dream because of the impending challenges they have in life. A scholarship program can help them fulfill this dream and also cover them for other academic expenses. It allows candidates to get adequate global exposure and also study under reputed professors who help them better their know-how and also interpersonal skills. The students get the necessary academic grooming and also can pursue the career of their choice and also become future leaders who can be trendsetters in several industry verticals.
5. A degree of the student’s choice
At times, it’s not the institution expense but also the cost of the degree program that is costly! The scholarships can help candidates to pursue such a degree and also get qualified in the same.
Today, capable and also talented students often fail to opt-in for an academic course of their choice. The leading scholarship programs offer help and also allow candidates to hone up their talents and also manifest their dream careers.
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.