August 29, 2010 – 10:46 pm
How do I setup a scholarship fund for one individual for many years?
I want to be able to setup a scholarship fund for a younger child, 5 years of age, to be able to attend a private school. The yearly costs for the student to attend is $3,200 a year, and the only parent of the child can not afford this cost. Is there a way to setup a scholarship for just this one particular individual throughout his schooling?
Financial Aid – 4 Answers – 2009-02-26 00:29:53
Best Answer
check in your area if there’s any local bank that can set up a trust fund for the kid for this purpose. it will entail an investment and payout plan until the purpose is fully achieved. make sure the contract is notarized. if there’s none in your area, there’s an option here in the philippines called pre-need. it’s basically like an insurance plan but meant for paying tuition fees from pre-school to college. check online and ask them if any pre-need firms here can accommodate you. if there are, go with the major ones that have been around since the 70s. they’re heavily regulated to protect planholders. good luck
All Answers
Answer 1
Ask your tax attorney or specialist. It may involve setting up a foundation or trust. Good luck.
2009-02-26 00:38:46
Answer 3
be resourceful
2009-02-26 03:50:46
Answer 4
If you are talking about one specific person, like bobby joe down the street, then set up a high interest savings account through your bank and put in enough money that you would be able to make $3,200 a year off of it. Good luck!
2009-02-26 12:53:15
August 22, 2010 – 10:37 pm
What is all this unclaimed scholarship money people talk about?
Is this just a myth? It seems that there is a lot of competition for every scholarship. So if anyone knows about these “unclaimed” monies then could you please share? I find it hard to believe that all of these scholarships are just laying around and no one is applying for them.
Financial Aid – 2 Answers – 2010-02-12 12:42:41
Best Answer
There are tons of scholarships that no one applies for. I went to Barnes and Noble the beginning to middle of my Senior in high school and got a book called “The Scholarship Book.” It is around $30-$50 and it lists every single scholarship available. And it is not just for seniors in high school but also for college students. The book also comes with a CD and there are even more scholarships on the CD. So you should definitely go get that book. Good Luck.
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Answer 1
They’re weird. Like the Chick and Sophie Major Memorial Duck Calling Contest. This is open to any high school senior in the US who is adept at calling ducks. The winner, gets a $1,500 scholarship, with first runner up getting $500, second runner-up getting $300, and third runner-up getting $200. You can google Weird scholarship funds and see a whole bunch of them.
How do I set up a charitable scholarship fund in the state of Virginia?
I am trying to establish a Student Art Scholarship in the name of my mother, Carol Campbell, who was a very well known, well respected and very beloved artist and teacher in Caroline County and throughout the state of Virginia. She painted and taught fine art watercolor, although she also used other mediums. Her work is in private collections across the country and around the globe. She passed away from lung cancer on March 28, 2006. I want to get the word out and get donations coming in so we will be able to present a well-funded monetary scholarship to a deserving art student for the 2006-2007 school year. I am planning to have high schools in the area advertise and announce the scholarship, but we have no funds as yet. Once the applications are in (after it’s been completely set up), we will choose 3 individuals (preferably an art teacher, a local artist and an artist from out of state) to judge the students’ work. I need some help and guidelines on how to get started. Thank you.
Painting – 1 Answers – 2006-05-06 19:30:35
Best Answer
That sounds like a wonderful undertaking! Here’s an article on setting up Scholarship Funds… it includes some suggested resources, which will probably be helpful: http://www.foundationnews.org/CME/article.cfm?ID=1510 Here’s a link to an FAQ (frequently asked questions) regarding setting up scholarships: http://fdncenter.org/getstarted/faqs/html/scholarshipfund.html Good luck!
How does a scholarship work and when do i get one?
I do not know what a scholarship actually is but i am interested on knowing as i hope to get my own scholarship some day. I also want to know specific details such as what programs could lead me to a scholarship and what kind of volunteering is required in order to be awarded a scholarship. Thank you as I am a regular student about to attending college.
Primary & Secondary Education – 2 Answers – 2006-08-29 21:37:29
Best Answer
Well a scholarship is a reward for good hard work. Its a way to make college tuition easier on your parents. Its not something that you will just get its something that you earn. You will compete against thousands of other kids that want the same scholarship and you have to prove that you are the best one for the reward and that you will use it wisely….review boards will not give it to a student that did nothing in school and has no potential of getting a degree. Grades are important! Good grades show a student that is serious about getting a good education and improving their life. Volunteering is another great opportunity to earn a scholarship…volunteering shows selflessness, willing to give of your own time to improve the lives of other in your community. Then there is always leadership scholarship, this you have to show leadership skills, you can do this by holding an office in one of your schools after school programs such as FCCLA or FCA. I worked hard to get and keep my scholarships, its not something that you can just hope that its given to you. You have to work hard and prove that you deserve the scholarship.
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Answer 2
check out fastweb.com, they have a bunch of info on that. but a scholarship is a way to have the school pay for your education. there are full, partial, sports and a bunch of other scholarships avalible. make sure you get your sat scores in on time. the deadline is coming up soon. volunteer work, thats something you could get out of church, free services such as tutoring, babystting but it has to get signed off. you can make a group with some friends and clean a beach or park or something and all of you could knock out some community service time. also look into grants, thats free money that you dont need to pay back. loans are expensive and im sure a young student like you shouldnt have that over their head right now. they say that you dont need to pay for like ten years but interest rates are riddiculous. you apply for a scholarship through the school you want to get into. its best to call the school and talk to the student center or something. good luck, i hope i helped
2006-08-29 21:53:32
What is erasmus scholarship and what is required to have one?
Ok, so my parents don´t want me to study medicine in the university but maybe if I get a scholarship they might let me study! So please let me know if parental approval is needed and for which universities, countries, etc would the scholarship be accessible. Also I wanted to know the requirements for me to have the scholarship!
Financial Aid – 2 Answers – 2010-02-06 03:40:47
Best Answer
I found some info about getting this scholarship online in this scholarship database – careers.scienceontheweb.net
All Answers
Answer 1
yes http://www.youtube.com/watch?v=q23qYBW5d9o
2010-02-06 03:43:33
I’m 16 years old, and graduating high school early. I won a full scholarship to a state school. I suppose I can get a part time job to pay for food and dorms.
I’m emancipating myself because I want more freedom and independence.
How do I go about this process?
I want to graduate from high school a yr early. I mean I am suppose to be a Senior instead junior. but because i had head surgery when i was in 3rd grade. they put me back a yr. Now I am earning high school on online taking online classes. Do you think that would work? Does attendence count toward early graduation. I think you need to have 97% percent attendence I did only 3 absents because i was sick. Does that counts!!. I took the ACT test and got 15 score on first time. You need 27 to get into Ohio State Univerisity. the scholarship deadline is dec 1 for ohio state university. i don’t think i will get the scholarship from college. Do you think I should apply for financial aid, because i don’t want to repay the loan. Please help find a solution to this problem. I want to graduate in 2010 instead of 2011. Tell me how can I get a scholarship from the college. How can I get admission into college. I’m going in circles earning my credits first. And can you get scholarship by searching on online. How much $$$$$ of scholarship do you think i need to go into Pre-Medicine. Becoming a Neurosurgeon. I want to get a headstart in college. What should to my counslour. I really nervous what if she says you cannot graduate. I’ll be sooooo sad:( Tell me how to in order start out. Right now I am earning credits on online I already earned 7 need only 1 more. from last yr I had 8. plus more 8 equals 16. and how in high school i am earning 6. you need 21 to graduate i’ll have 22. The next act is in dec 5 the college deadline is dec 1. I don’t think i will make it. can you tell me websites to earn good scholarships for going into medicine. if the college does not give scholarship to me. for going into medical. I will vote best answer to who helps me out with this problem. 
I am a sophomore in high school. Just recently I received a partial scholarship to Florida State University because I am graduating early. The only catch is I have to be in band but I can’t because someone at my school stole my flute. This is the third time someone has done that and no one seems to care. I really can’t afford another flute(I’ve already had to pay for three!). What should I do?
Ok, so I graduated HS in June of ‘08, and decided I wanted to take a year off and just relax. Then the economy went to hell, now I’m unemployed, and am eager to start school again. I want to take classes at the community college down the street from me, but am having major financial issues.
Well that’s the background, so here’s my actual question: Are there any scholarship’s or things like that for regular people who need help?
And if so how would I go about applying for/ getting them.
All the ones I come across are for people who are about to graduate high school, and I’m about a year too late for those? Any links, or leads would be greatly appreciated as I would like to start as soon as summer, but definitely by the fall semester.
~Thanx
My parents just sat me down and told me that they’re not going to spend any money on me for college. My mom hasn’t even bothered to find a job for the past 7 years because no one wants to hire a racist/white supremacist , and my dad makes only about $45,000 a year. I have no grandparents, siblings, or relatives.
I’m currently a sophomore in high school and I have a 4.1 GPA. I took the PSAT in October and got 232/240 without any studying. I’ve done 150 hours of community service, I’m in the chess club, play softball, ping pong, and I’m in the orchestra.
Thing is, I don’t see the point in working my a$$ off next year (I will be taking AP Calc BC, AP Chem, AP Psych, & AP French) if I’m just going to probably go to a community college with a full scholarship.
Even if I do get a half scholarship to a decent college like Northwestern or UPenn, I still won’t be able to go.
My parents are kicking me out when I graduate from high school. We don’t have the best relationship because they always think I’m such a disappointment (I never make my bed, for example). I don’t know what I’m going to do. I could borrow $$ from the bank, but I don’t want to owe hundreds of thousands of dollars after I graduate. I also want to get an M.D, a PhD, and go to med school, but then I’ll be owing the bank about $400,000. So is it even worth working hard in high school? Maybe I shouldn’t go to college at all.
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Posted in Scholarship
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Tagged Afford, Cant, even, Full, Hard, High, Scholarship, school, Without, Working, Worth
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