Single parents must work to provide for their families, run errands, and make time for their children. When one considers these huge responsibilities, it’s easy to see why for many single parents, paying for their children’s college education is almost an impossible feat. According to surveys, a large percentage of single parents live below the poverty level. Without that much financing lifeline to hold on to, many single parents fall into debt, being constantly in dire need of financial aid.
Financial solutions are available
Yes, it’s true that college is very expensive and scholarships are tricky to land, but help is available. Take a look at the following scholarship opportunities for children of single mothers. Talk to a college financial advisor to learn which one may be right for your situation.
Raise the Nation Foundation Child of a Single Parent Woman Scholarship
Available to dependent children of single women who may not qualify for other types of financial assistance due to their dependent status.
Crane Fund for Widows and Children Scholarship
If you’re a student attending Indiana University and the child of a single parent who is a widow, you may qualify for a scholarship from the Crane Fund for Widows and Children.
Carolina Covenant Scholarship
If you’re a student from a single parent household enrolled at the University of North Carolina at Chapel Hill, the Carolina Covenant Scholarship program can potentially meet 100 percent of your financial need in paying for college.
American Legion Legacy Scholarship
If you are a child of a single parent who lost a spouse as a result of active duty military service, you may be eligible for an American Legion Legacy Scholarship.
As a single parent, the financial burden you face can be too overwhelming. With the financial aid provided by a scholarship, you may afford to send your child to college without having the opportunity adversely affect your personal funds. The scholarships above are only four of many that are specifically designed to fulfill a single parent’s goal of putting their kids through college. There are plenty of other scholarships provided by your state and local government, other institutions or agencies from the private and public sectors, and nonprofit organizations.
The need for a college financial advisor
Consulting with college financial advisors, such as John McDonough of Studemont Group College Funding Solutions, LLC, is a must if you want to know how to maximize financial aid opportunities around you, and minimize your out-of-pocket expenses. Apart from helping you select the right scholarship, these advisors can also help you identify the right college, fill out and submit forms, and help you navigate the scholarship you choose with ease. No other professional provides the most help in this regard.
(Source: Scholarships for Children of Single Parents, LIVESTRONG, Aug. 16, 2013)