Is a Scholarship, Exchange Or Loan Available For Those Who Are In High School?
You’ve heard of Tuition Exchange. But do you really know what it is? Does it apply to you? Does it entitle you to a scholarship?
Tuition Exchange (TEO) is a mutually beneficial scholarship and admission opportunity available to eligible college and staff at virtually all accredited university and college degree programs nationwide. The complete list of TEO member institutions is constantly updated and can be obtained by contacting the Department of Education’s Office of Financial Aid and Exchanges. Contact information for each TEO is available on the official website for each university.
Tuition Exchange is an online high school scholarship resource with one mission: to help students in need obtain college financial aid. The goal of TEO is to match students with scholarships that best meet their needs-based, partial scholarship requirements, while still allowing them to pursue their dream college degree. Students that qualify for merit based scholarship awards may be required to fax their FAFSA application to the Department of Education’s Office of Student Aid and Exchanges. If a student has not yet enrolled in a school, he/she will be required to wait until the student enrolls in a school. When a student completes their FAFSA, they must send their application to the Department of Education again with updated documentation.
The mission of TEO is to connect college funding opportunities with students who meet their minimum academic requirements. To accomplish this, the office hosts scholarship applications and prospecting events nationwide. For students living in other countries outside of the United States, a Latin America Scholarship Fund (LSF) is one of TEO’s strategic partners. An increasing number of students have applied for a Latin American Scholarship Fund. A full scholarship applies only to students who reside in Latin America and are attending an accredited college.
There are various ways to find scholarship availability, and the process of applying can vary depending on the scholarship you seek and your individual circumstances. Full and part time study abroad scholarships cover all of the costs associated with travel, lodging, and meals for the full duration of the scholarship. Part time study abroad scholarships, while covering travel and housing expenses for a part time student, do not require repayment of funds. Sponsors usually expect the student to demonstrate the ability to maintain full time employment upon receiving the scholarship.
The process of applying for study abroad scholarships can be time consuming and complicated. Many sponsors require applicants to have strong English writing skills in addition to a strong grasp of mathematics and other academic subjects. Part time students applying for study abroad scholarships should also be aware that they will usually have to pay for their own visa fees and will likely need to submit proof of their full or part time status to their sponsor(s). Partial merit-based scholarships require applicants to demonstrate good academic performance and are available for students who demonstrate strong leadership qualities, commitment to community service, and extracurricular activities. Sponsors also generally prefer candidates who express strong English fluency.
One type of scholarship is the International Student Exchange or ISE. This scholarship program is designed to encourage high school graduates to pursue a college degree in another country. The objectives of the ISE scholarship program include encouraging students to partake in exchanges, enhancing English language and cultural awareness, increasing the global awareness of American and Japanese culture, preparing students for careers in science, technology, engineering, medicine, and business, and promoting economic growth among the participants of the exchange. While a majority of ISE scholarships are available to women and girls, some specific programs exist for men and boys who are interested in pursuing an exchange.
A second type of scholarship is the Non-Profit School Grant. This scholarship is offered by non-profit organizations and schools to students who are enrolled in post-secondary institutions in the United States. These scholarships are available for students who participate in student exchanges. To apply for such scholarship, a student must fill up the application form and send it to the university or college of their choice. As a part of the scholarship program, the student will be required to produce a financial statement proving that they will be able to pay for tuition, books, room and board, and other expenses associated with enrolling.