According to research, the average cost of tuition for an in-state student at a public university in the United States has increased by 296% over the past 20 years. At the same time, wages in the U.S. have barely grown in that same time. College students are graduating with more debt than ever.
Statistics indicate that minority students often graduate with more debt than their peers.
Fortunately, federal grants and scholarships for minorities can significantly lighten the financial load for these students.
The U.S. Department of Education recently invested $96 million in grants to provide additional financial aid specifically for minority students. This grant funding will go directly to colleges and universities to help them provide better financial support to their minority populations.
Minority students who receive federal grants and loans to help finance their college educations often could use some additional funding to help them bridge financial gaps. Scholarships for minorities are of tremendous help to these students, but finding the right scholarships to apply to is not always an easy task. To help you in your search for additional funding, we have compiled a list of some of the top minority scholarships. Check on the link to find a detailed list of these scholarships, including eligibility requirements, deadlines, and information on how to apply.