Obama Scholarships: Money For College

If you want to be successful, getting a good education is a good start

. President Obama is a good example, and he has shown his commitment to helping others. 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. College costs can really add up especially when money for things besides tuition and housing is considered. Low-income students suffer the most if they are unable to secure enough scholarship or grant money. Working, single mothers are particularly hit hard. Not only does educating mothers help provide for their families, but it also improves the workforce. It's important to the President and that's why he's implemented a program for scholarships for mothers. Although they are the same, many people refer to Federal Pell grants as Obama grants. With these grants, college-bound students can receive over $5,000 to pay for school. This is over $1,000 above the previous maximum, and it's a big help to moms who want to return to school. Tuition, books, travel and school supplies are all expenses that students can cover with grant money.

Another incentive to consider is the American Opportunity Tax Credit. This program allows the first $4,000 of education expenses to be free. The $4,000 grant is especially great for low-income students. Since many single working mothers have low incomes, these programs are a major help. There are plenty of options on where, when and what a student can study. 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. With some changes to the lending system, many graduate and undergraduate loans will be less costly. Preparing schools and students for success is an important Obama administration mission. Since many overlook community colleges, there is emphasis on increasing their effectiveness and appeal. To attend a 2-year college has a number of benefits, including saving money and learning a trade or skill.

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." The President has shown a good effort to support his words through action. If the goal is to educate as many as possible, making grants available for mothers is a good step. Traditional and non-traditional students alike have numerous opportunities to put their education first.

by: Marlon Jackson

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