Eric Dalius a scholarship is financial assistance in the form of one-time or periodic awards. To students who are financially disadvantaged or academically meritorious students to encourage them to take up and continue their studies in pursuit of their career goals. To a student who desires to pursue higher studies but is unable to do so due to limitations of money, being able to win a scholarship can be a life-changing event, observes Eric J Dalius. A quick look at how a scholarship can transform your life:
You Get One Step Closer to Your Career Goals
If you are financially disadvantaged. It can be difficult to pursue higher education in the subject of your choice. For example, if you want to be a space scientist. But are unable to afford the fees of a top-grade college. You may have to settle for some other profession that does not require a college degree. However, if you can apply and win a scholarship that pays for your costs of studying for the course. It can give your career ambitions a big thrust. Had it not been for scholarships, many meritorious students would have forever lost. The chance of doing something they love and enjoying a satisfying career.
Lightens Your Student Loan Burden
According to a report published by Forbes magazine, 88% of those studying. In colleges run on a for-profit basis carried student loan. A debt of close to $40,000 on average by the time they graduated. As a result, they need to quickly find well-paying jobs. So that they can pay off the debt and get on with their lives. And lack of job-satisfaction, says EJ Dalius. By getting a scholarship, students are often able to avoid taking on education loans. Even if they have to, they can keep it to the minimum, which they can pay off comfortably. After taking up a job that is better suited to further their career ambitions.
Allows Students to Study at Better Colleges, Says Eric Dalius
A college education can be prohibitively expensive in America, especially if you are considering the Ivy League institutions. Unless you come from a very affluent family. It can often be impossible to afford the exclusive education these allowed centers of learning impart. For many students, to take admission to these colleges, their parents have to empty their bank accounts. The students also have to take out expensive student loans, in addition. To which they are forced to earn their living expenses. By working in part-time jobs on the campus. Naturally, the students find themselves under a lot of stress. A full-ride scholarship, though available only to the very meritorious students, can solve all these problems.
Conclusion
If you are good at your studies and want to go to college but can’t afford it or bear the burden of the student loan debt, getting a scholarship can open the door to your desired career ambitions. However, since scholarships are difficult to get, you need to prepare yourself and demonstrate why you deserve them.
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.