Money For College: Obama Grants

Education is always an important key to a good future

. Since running for office in 2008, President Barack Obama has made education a priority issue for his administration. Free money through grants and scholarships is only the beginning.

Expenses like college tuition and housing grow even as the economy suffers. Scholarship packages rarely cover the full amount for tuition, books and housing. Unfortunately some students turn away from higher education because it's too expensive. A large number of these people are working mothers. Helping single mothers get an education helps their families and future employers. The President has attempted to help by encouraging more grants for single mothers to attend school. Although they are the same, many people refer to Federal Pell grants as Obama grants. To help with university costs, a student can earn more than $5,000. This is an increase of $1,000 over the previous maximum, and the goal is to help working mothers return to school. The scholarship money covers practically all school-related expenses.

Another incentive to consider is the American Opportunity Tax Credit. This tax credit makes a way for students to write off the first $4,000 of their education costs. This $4,000 write off can be a big help to many students. Single moms often fall into this group, so these programs are particularly beneficial to them. There are almost no restrictions on where and what a student studies. Taking away a little of the financial burden of college is a helpful way to get more students enrolled.

Obama's efforts to improve education show that he takes this issue seriously. The stimulus plan that passed has some provisions to make the college loan process easier. The administration is also focusing on improving the performance of schools at all levels. Higher education at a 2-year college can be a great option, and there is emphasis being put on that fact. A 2-year degree or the time spent learning a technical school from a community college can be a tremendous asset.

In 2007 Obama stated, "We need to put a college education within reach of every American. That's the best investment we can make in our future." The President's actions are reflecting his words. Even though Obama's grants for moms get much attention they are certainly not the only important opportunity being offered. Traditional and non-traditional students alike have numerous opportunities to put their education first.

by: Marlon Jackson

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