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Fastweb is an American scholarship search website that matches students to relevant scholarships. It is owned by Monster.com. [1] It lists more than 1.5 million scholarship opportunities. [2] Fastweb is an acronym for "financial aid search through the web". [3]
The scholarship was started in 1999 as a result of a $1 billion grant from Microsoft founder Bill Gates. [1] The program is currently administered by the United Negro College Fund and partner organizations including the Hispanic Scholarship Fund, [3] APIA Scholars (formerly known as the Asian & Pacific Islander American Scholarship Fund), [4] and Native Forward (formerly known as the American ...
In the U.S., a grant is given on the basis of economic need, determined by the amount to which the college's Cost of Attendance (COA) [6] [7] exceeds the Expected Family Contribution (EFC), [8] calculated by the U.S. Department of Education from information submitted on the Free Application for Federal Student Aid following formulas set by the United States Congress.
A young man (in bowtie) receives a scholarship at a ceremony. A scholarship is a form of financial aid awarded to students for further education.Generally, scholarships are awarded based on a set of criteria such as academic merit, diversity and inclusion, athletic skill, and financial need, research experience or specific professional experience.
Many students in the United States can't afford to pay the full cost of attending college -- $38,270 per year, on average, including books, supplies and daily living expenses, according to the...
However, different types of financial aid have differing effects. Grant awards tend to have a stronger effect on enrollment rates. [72] Changes in tuition and financial aid affect poorer students more than they affect students with higher incomes. [72] In terms of race, changes in financial aid affect black students more than it affects white ...