How to pay for college: Nicki Minaj and over 100 others offer scholarships

College is expensive. Students loans can help, but can hang around for decades. Scholarships can really help. Rap star Nicki Minaj understands this and wants to help you pay for college.

The average university costs upwards of $45,000 per year

Student loan debt has eclipsed $1.4 trillion

According to the Federal Reserve, Americans have over $1.4 trillion in unpaid education debt, and the numbers keep climbing. The Institute for College Access & Success (TICAS) compiled data on average student loan debt with the most recent numbers being collected in 2015.

Here’s how much debt students have accumulated post-college by state.

  • Utah: 41 percent of student graduates have loan debt with an average of $18,873
  • Florida: 53 percent of student graduates have loan debt with an average of $23,379
  • Montana: 60 percent of student graduates have loan debt with an average of $26,280
  • West Virginia: 68 percent of students have loan debt with an average of $27,713
  • Idaho: 71 percent of students have loan debt with an average of $27,639

 

How to pay for college

High costs, high student loan debt. Have you considered scholarships?

Rap star NickiΒ Minaj wants to help.

After a fan asked the hip-hop star if she would pay his college tuition on Twitter on Saturday night, Minaj agreed to pay fans’ school costs — on the condition that they show her perfect marks. She wrote, “Show me straight A’s that I can verify w/ur school and I’ll pay it.”

 

That’s truly awesome.

If aren’t a fan of Ms. Minaj or you lack straight A’s, there are many other scholarships offered every year.

For instance

United States Senate Youth Program

Two high school juniors and seniors from each state, Washington, D.C. and the Department of Defense Education Activity are chosen each year for this program, which includes a $10,000 scholarship. The 104 selected students will travel to Washington, D.C. as delegates for Washington Week. Applicants must be participants in student government. A principal or teacher nomination is required.

Paradigm Challenge

For the chance to win up to $100,000, the Paradigm Challenge encourages youth to use STEM skills and collaboration to come up with an original idea. Anyone ages 4 to 18 can enter this competition.

Nitro College Scholarship

To win $5,000, fill out the scholarship survey, and answer three short questions. As an added bonus, you can refer a friend for a $1,000 scholarship. If your friend includes your name on their application and wins, you get a $1,000 scholarship, as well. They have three deadlines this year: June 30, September 30, and December 31.

Over 100 scholarships

These are just three examples of scholarships available. There are literally hundreds, if not thousands of sources of cash available to you. You need simply apply and perhaps you can decrease you college expenses. Granted, they’re not all $10,000 scholarships; for the most part, these will just help mitigate the costs somewhat, but every little bit helps. All you need to is apply.

Here’s a link to over 100 scholarships. No need to search the internet. Simply go to this page, click the links and start applying. Many of these scholarship funds have deadlines, so don’t wait.

One Response

  1. Racheal September 7, 2017

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