Money for College: Obama Scholarships for Moms

Money for College: Obama Scholarships for Moms

Taking advantage of educational opportunities is a smart way to be successful. Even before he became President, Barack Obama spoke about the need to make education a priority. One major part of the effort is to make available to students more free money for college. College expenses continue to increase even as the economy slumps. Scholarship packages rarely cover the full amount for tuition, books and housing. Low-income students suffer the most if they are unable to secure enough scholarship or grant money. One group that is particularly hit hard is single mothers. Not only does educating mothers help provide for their families, but it also improves the workforce. 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 over $1,000 above the previous maximum, and it's a big help to moms who want to return to school. With these grants for moms, they can pay for tuition, books or any other school-related expenses. Another worthwhile program is the American Opportunity Tax Credit. This program allows the first $4,000 of education expenses to be free. This is a worthy incentive, especially for schools that are less expensive. Single moms often fall into this group, so these programs are particularly beneficial to them. Students have numerous school options: full-time or part-time, 2-year or 4-year college, multiple majors. Now the expenses are just a little lighter, and eager mothers can enroll in school. The President has demonstrated that he considers this issue a priority. Through the recent stimulus package, many undergraduate and graduate loans will be less of a burden. In addition, the government is focusing on helping schools improve teaching and students improve performance. There is also emphasis on encouraging more students to consider community college. At a community college students can gain important knowledge as well as save money. 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. Scholarships for moms are only a small part of the mission to help educate more people. If you're a potential student who wants to make education a priority, there are many chances for you to do so.

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