Graduate School Of Economics Scholarships

Graduate School Of Economics Scholarships (GSE Scholarships)

Student loans and scholarships have proven to be a boon for meritorious students. The GSE or the Graduate school of economics scholarship awards is made for an entire academic year. There are many ways in which a student can apply for it, and there is an eligibility factor which needs to be pondered upon:

Eligibility Graduate School Of Economics Scholarship

  • A student has to maintain enrollment in two courses for the fall and spring semesters. Plus, they have to enroll in one course during the summer session.
  • The student has to meet a minimum GPA requirement of 3.5 (undergraduate) and 3.75 (graduate) to be able to avail this scholarship.
  • They should also be able to demonstrate the financial need by completing a FAFSA.
Graduate School Of Economics Scholarships

Graduate School Of Economics Scholarships

Who is applicable for GSE?

These scholarships are for students belonging to developing countries except Canada, Australia, Belgium, Austria, France, Denmark, Cyprus, Finland, Greece, Portugal, Israel, Spain, United Kingdom, United States of America and other developed countries.

The students need to maintain excellent academic background and have to return to their respective home countries at the end of their program. The selection is handled by a prestigious committee, which goes through the student academics and conduct a background check before selection. It is always better to apply much earlier before the deadline to improve their chances of acceptance.

The need for financial backing

Many students require financial backing in order to complete their education. It as an opportunity for a number of hard-working and gifted students to earn their education. People staying in developing countries, more often than not, do not have the financial means to study further, which is why an assistance from a scholarship program is of great help. The college scholarship funds for the student come from a variety of sources.

GSE helps students stay focused

There are so many students in the world who work several jobs to fund their education. This distracts them from studying well, which affects their grades. Some gifted students who are excellent in the field of academics can pursue their education without any additional baggage of loans and jobs, once they are awarded a scholarship. The rise in tuition prices in most reputable universities, cannot be overlooked, and a GSE scholarship can prove to be excellent for the students.

The benefits of a GSE scholarship

A GSE scholarship is like a boost to students, encouraging them to continue with their academics and research work. Meritorious students do not have to burden themselves with loans and can concentrate on their studies and excel even further.

It helps students to work well in order to avail the fellowship which is entirely based on their performance. Students (belonging to developing countries) across the globe can take advantage of such an award and carve out their career path with more diligence.

There are many students who fail to avail the cost of research studies without a grant or scholarship and cannot continue properly. Many awardees and Nobel Laureates have completed their research and studies via scholarships and have come up with some spectacular studies in different fields which have improved human life.

Posted in college scholarships, Economics Scholarships Tagged with: , , , ,

American Dream Downpayment Assistance Act

American Dream Downpayment Assistance Act

Most Americans have heard about the American Dream Downpayment act, but do not know much about it in detail. So lets us further investigate about it. Introduced on December 16th, 2003, by former American President George W.

American Dream Downpayment Assistance act

Bush, this was an initiative to help families with their closing costs and down payments. It was designed to help out around 40,000 families a year and this particular legislation was made to complement the former Presidents “aggressive housing agenda” which he had announced in 2002.

Why is down payment assistance important?

This was an assistance program for homeowners who had a tough time in paying back their loans. Even though this particular plan was called off and discontinued in 2008, there are many similar programs still running which help with down payments.

American Dream Downpayment Assistance act

American Dream Downpayment Assistance Act

A number of studies and surveys have revealed that one of the toughest challenges when it comes to buying a house, is saving money for the down payment. Closing cost and down payment assistance have helped many families in holding on to their houses and being regular with their down payments.

The Down Payment Assistance or the DPA helps in decreasing the homebuyer’s cost and relieves them of additional debts and tries to eliminate property liens.

American Dream Downpayment Initiative – FHA.com

Such a grant creates positive home equity, therefore having a positive impact on the housing economy. For those wondering about repayment, well, the grant at FHA does not have to be repaid, which has a domino effect because there are other borrowers holding more equity for future purchase. This, in turn, allows the freeing up of entry-level properties, thus allowing people to buy their very first home.

The whole idea behind such a service is to increase the homeownership rate. This was meant to empower the minority groups with their own homes. This Act helps to lighten the cost and burden of home buying by providing the necessary funding to make these expenses more manageable, hence making it more affordable for the common people.

This grant is given only to first time home buyers with annual income not exceeding more than 80% of America’s median income based on the number of people residing within the household.

First Time Home Buyer Grant

A home is a necessity in today’s time and age. America being a developed country is head on to help their citizens buy their very first home. This not only provides a sense of security to the citizens of the country, but at the same time, allows them to be secure and safe financially.

Most people who have taken help from this Act do not regret their decisions, as it pushed them in the right direction when it came to buying a home. Many families have taken advantage of the American Dream Downpayment Assistance act and are enjoying the bliss of living in their own home.

Many people who are suffering from a cash crunch or for that matter credit crisis because of personal problems. In such a situation, burdening them with high-interest of home loans is a very bad idea. The American Dream Downpayment assistance act really helps people in more ways than one.

Posted in American Scholarships, Home Grant Tagged with: , ,

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