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The Anatomy Of Scholarships In US [Infographic]

THE INS AND OUTS OF SCHOLARSHIPS Scholarships are awarded according to 3 basic components: GRA- 3.9 FINANCIAL NEED Free Application for Federal Student Aid (FAFSA) is need for individual scholarship income assessment MISCELLANEOUS COMPONENTS MERIT:GPA You get it either for being smart, working hard or being a good cheater Volunteer work, Employment, Sports and extra curricular activities The Scholarships Process: THANKSI APPLY SCHOLARSHIP (The average scholarship essay is 500 words.) THANK YOU FIND SCHOLARSHIP LETTER RECEIVE ACCEPTANCE/ REJECTION If accepted, send a thank ou note to the benefactor WAIT FOR RESPONSE Financial Aid In Numbers In 2009-2010, $199.2 billion was distributed in student financial aid, $32 billion more than the previous year >Google Forbes That's more than Google's net worth or - more than Forbes' top 5 richest American's net worth combined! Gender Differences In Scholarships 56% 57% 43% NCAA. 57% female, 43% male enrolled in college 54% Miss MERİCA $40 M PER YEAR NCAA awarded $813.4 million The Miss America Organization is the largest provider of scholarships for young women - awarding $40 million in scholarships each year. scholarships to males and $625.4 million awarded to females. That's $188 million difference! There is a a gap of more than 1.4 million that has remained steady in recent years =21.5M =19.7M Women first passed men in bachelor's degrees in *1996 Scholarships By Ethnicity: HISPANIC ASIAN-AMERICAN 14% 20% 52% AFRICAN-AMERICAN 33% NON HISPANIC WHITE Broken down by race and ethnicity, 52 percent of Asian-Americans had at least a bachelor's degree. That's compared to 33 percent for non-Hispanic whites, 20 percent for blacks and 14 percent for Hispanics. Athletic Scholarships: $2 billion in athletic scholarships are awarded each year to over 145,000 student-athletes. $2B 145.000 NCAA. + $10.409 = $20.000 - $50,000 NCAA. The average athletic scholarship is $10,409 while tuition and room and board for NCAA I® institutions cost $20,000-$50,000. NCAA. NCAA awards 1437.8 millions in scholarships to Division I and Division Il athletes. This is the way it is distributed. OTHERS 18.2% 17.4% 5.0% 6.0% 25.5% 9.4% 4.5% 9% 5% Resources: www.scholarshiphelp.org www.ncaa.org INFOGRAPHIC BROUGHT TO YOU BY: www.nytimes.com www.finaid.org www.missamerica.org www.ucdenver.edu www.news.yahoo.com MBA PROGRAM INFO.COM CREATED BY OBIZMEDIA.COM www.census.gov

The Anatomy Of Scholarships In US [Infographic]

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The Ins and Outs of Scholarship

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