Achieving academic excellence eludes many bright and meritorious students in the US. As they are unable to arrange for the finances. Required for pursuing higher education. Seeking admission to an accredited US college or university entails huge. Money because of the exorbitant cost of education, which is perhaps the highest across the globe. While student loans are an option. It does not alone help meet the total cost of education, and it can become a burden for students. The need for additional funds to bridge the gap drives students to other alternative funding sources. Among which scholarships and grants are most popular. Many of such grants are offered by educational trusts formed by some renowned professionals from various fields. Like John Giorgi with the intention of supporting, encouraging, and motivating students to excel in their academic fields.
John Giorgi – Supporting students from economically weaker sections
Although the scholarships and grants have one common objective of supporting tomorrow’s prospective leaders. By focusing on the bright and meritorious students, the economic background of students is a critical factor during selection. The grants intend to identify hidden talent from the economically retarded groups of students and bring them under the limelight. By supporting them financially to help them realize their dreams of making it big someday. Students who have the powers of innovation and creativity and possess the talent to become leaders. In the future in their respective fields can benefit from scholarships and grants, which are like rewards.
Bridging the financial gap
Higher education in the US is so costly that it is necessary to have access. To various financial resources to fund the studies, including everything from course fees, lodging, books, and stationery to all other allied costs. Besides paying from your own pocket, it is necessary to obtain as much support. As possible from grants and scholarships, which together with education loans can provide the funds required to complete the education.
Go to the chosen college or university
Students normally prefer the institutes, colleges, or universities where they want to study because they know which institutions are best for the stream they have chosen. However, their chosen college could remain out of reach. Even if they qualify for admission because of the paucity of funds. And this is where scholarships and grants play a vital role in pushing students closer to realizing their dreams. Since grants are one-time payment without any payback, it relieves students of the enormous stress of carrying a loan.
Rewards and recognition
Getting a grant or scholarship is never easy, and students must prove their worth. To earn a place among the top contenders who qualify for the grant. The competition is stiff, and only the best can hope to make it. Therefore, obtaining a grant or scholarship is actually a reward or recognition of the student’s talent. They can use it as a badge of honor later in their career for further advancement.
Today, grants and scholarships have become one of the most important pillars of the American education system. That helps society progress and prosper.