Low Income, High Potential
By at Friday, March 6th, 2009
Posted in Articles | 1 Comment »
Glow Foundation gives guidance, scholarships to students needing it most
Mountain View Voice
by Jennifer Pence
Imagine you’re one of the 28 million Americans who lack access to traditional financial services. For financial transactions, your family relies on payday loans, check-cashing services and pawnshops rather than checking and savings accounts or lines of credit. Meanwhile, you’ve worked hard in school and, despite the odds against it, been the first person in your family admitted to college.
This may sound like the American dream come true, until you’re hit with a tuition bill of $10,000 or more - after you’ve already maxed out on financial aid provided by your college and the government. Your family has no or bad credit and therefore can’t qualify for loans, and no one in your family has ever applied to college and so cannot give you advice on obtaining scholarships.
What do you do? If you’re lucky, you connect with the Glow Foundation, which provides financial education, mentoring and scholarships to high-potential, low-income students. . . Read the full article