Obama Grants: Money for College

Obama Grants: Money for College

Obama Grants: Money for College

If you want to be successful, getting a good education is a good start. Since running for office in 2008, President Barack Obama has made education a priority issue for his administration. Scholarships and grants are only a small part of the education system makeover. For decades, college prices have steadily increased. Besides tuition and housing, fees for books, travel and eating are often not covered. 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. More education helps single mothers achieve on their jobs and take care of their families. Creating college grants for moms is one way the President is dealing with this issue. If you've heard of Obama grants for moms, know that people are referring to Federal Pell 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. With these grants for moms, they can pay for tuition, books or any other school-related expenses. Another incentive to consider is the American Opportunity Tax Credit. With this tax program, the first $4,000 of community college or university expenses are free. Especially for less expensive schools, $4,000 could be a significant help for a student. Both of these tax programs help single moms tremendously because they are traditionally low-income individuals. Study options are wide open. With more incentives, more ambitious adults will realize their goal to get a college degree. The President has demonstrated that he considers this issue a priority. With some changes to the lending system, many graduate and undergraduate loans will be less costly. There is also emphasis on ways to improve school and student achievement in all areas. Since many overlook community colleges, there is emphasis on increasing their effectiveness and appeal. At a community college students can gain important knowledge as well as save money. In his 2007 Reclaiming the American Dream speech, 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." With the measures he has taken to this point, the President has demonstrated he means 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.

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