Bill Gates is a person who is known to everyone in the world. Even small children in the world around are familiar with the name. He is listed in as one of the well-off man in the world consistently for several years. We will see, how rich people can change the society with their contribution by discussing a small, but big contribution Bill Gates is giving to his society. That is teaching for the lowly.
Bill Gates has formed a institution with his wife Melinda Gates to spread the endeavor to help lowly students of different communities. The institution provides funding for students who are coming from very low income families. They have named the scholarships as Bill Gates Scholarships. The students from different ethnic groups like Native Americans, African Americans, Hispanics and Asian and Pacific Islanders are privileged under this scholarship. There are various scholarships based on the need of each module.
The institution provides different amount of contribution to different type of organization. For example, historically black colleges and establishment who gives funding to deprived family, the institution provides contribution.
Main advantage of scholar ships provided by the institution is that it does not have too much process to follow. The scholarships provided by the organizations include Gates Millennium Scholars Program, which is given to high studious students who are from deprived family.
There is no hard and fast rules on the eligibility criteria for the student. A grade of 3.3 or a GED or even a graduate degree can make you adequate for the scholarship. This is how the program varies from other scholarship programs.
The institution provides scholarships to national who are not US citizens. But they should have a permanent residence license. The aim of the institution is to spread Information technology to each corner of the society.
The amount provided as scholarship varies according to the module the students are undergoing. An undergraduate student will get an average of $7000/year. A graduate student will be provided with $15000 an year. This will not fully cover the cost of colleges for the student. But will cover the major portion of the coaching fee. The aim is to support the student‘s family.
The students can get an on campus job or try to get any other scholarship in addition to the scholarship provided by Gate institution. This will relieve them from the burden of student loan and can peacefully complete the module.
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Tags: grants, personal finance, education, learning, College
