If you’re Hispanic and trying to find free money to pay for college, there are a number of grant opportunities available. In general, grants are given to minorities by both the government and a number private foundations in order to encourage education among these demographic areas. Interestingly, there are fewer Hispanics enrolled in college programs than any other minority group, even though numerically they outnumber other large groups such as the black population. This means that there are many grant programs that are given specifically to Hispanics in hopes or encouraging more education and better income levels in these groups.
Grants from the Federal Government
In finding scholarship or grant money, the place to begin is with the standard sort of grants available from the federal government. Well known undergraduate college grants such as the Pell, the Federal Supplemental Educational Opportunity Grant (FSEOG), and the Academic Competitiveness Grant (ACG) are not specifically offered on the basis or race or demographic minority status. However they are available to all regardless of race and therefore Hispanics should pursue them. The grant amounts are usually in the neighbourhood or around $2000 to $5000 dollars and can be used to partially cover college tuition and other costs. They are awarded primarily either on the basis of financial need or academic achievement.
Grants from state governments
Hispanics can also pursue school grants from state governments to help pay for school. These vary from state to state. They may be awarded on the basis of financial need, academic performance,status as a Hispanic minority, or a combination of these. The best way to find out about these grants is to talk to a financial aid advisor at the school or your choice and see what the options are. You can also contact the labor department in your state of residence and ask them what state based scholarships and grants are available.
Grants from private sources
Once a Hispanic student has looked into these options, he or she can investigating options for private funding. Both colleges and a variety of private foundations offer grants specifically to Hispanics to help them pay for education. While there are many scholarship programs offered exclusively to Hispanics, often these grants are offered by schools or programs that offer funding to a number of different minorities – say Hispanics, Blacks, and Asians.
Again the purpose of these grants is to encourage education among minority groups who have historically and statistically been less educated than others. The hope with a more educated minority is the these groups will be less likely to become involved in crime or simply a continued pattern of poverty. While the socio-economic status for minorities such as Hispanics has improved over the years, there is still a lot of room for improvement in their educational and professional status as a class.
The Hispanic College Fund (HCF)
The Hispanic College Fund offers grant based educational financial aid to Hispanics involved in higher education. This fund allocates money to Hispanic Americans for college expenses. Their mission is to prepare the next generation of Hispanic professionals by encouraging them to get educated and enter the workforce. This fund awards around $2 million yearly in scholarships, most of whom are in the income range of just over $20,000 yearly. The HCF also sponsors the Hispanic Youth Symposium – a 4 day pre-collegiate experience for Hispanic youth to encourage them to pursue a college education.
The Hispanic Scholarship Fund
This groups is similar to the one above and is also a good source of information about the grants available offer community outreach workshops and seminars that inform Hispanics about the educational opportunities open to them. This group has a wealth of information and can be contacted via their website. Their web address is: http://www.hsf.net/default.aspx.
The Hispanic Heritage Foundation
This organization offers a number of grants in education and well as employment assistance, leadership seminars, and so on. They offer assistance to graduate as well as undergraduate level college students. For instance they have recently teamed up with the corporation Exxon Mobil to offer a fellowship for science and technology graduate students. The group’s web address is: http://www.hispanicheritage.org/index.php
These large organizations are only an example. There are many other scholarships of all types that can be found by Internet searches (for instance on “Hispanic scholarship foundations” or a similar search terms) and by talking to financial aid advisors at schools in which Hispanic students are interested.
Hispanic grants for college are fairly abundant because there are many organizations seeking to help this particular group enter the workforce. As a minority group the trend is toward helping become better educated and represented in the classroom, workforce, and in government. Hispanic students thus have a fairly good prospect of receiving financial assistance in their educational and professional endeavors.