Wednesday, January 6, 2010

Providing money for continuing education though the Peirce College Scholarship Competition

As Lisa Gargiulo touched on in her latest post, money is a major concern for most people who are considering continuing their education. In fact, in today's economy I think it's safe to say it's a major concern for everyone.

It's always difficult to hear stories of people who chose not to continue their education because of financial troubles. So we were excited to announce the fall 2009 winners of the Peirce College Scholarship Competition back in December. As promised, I wanted to follow up with some details about the scholarship program. It's our hope that the money Peirce provides our scholarship winners has a direct and immediate impact on their financial situation.

Our students get an amazing opportunity to win up to $40,000 over the course of four years in scholarship money. Yes, $40,000! Twice a year, this scholarship competition helps new applicants or current students with fewer than nine Peirce College credits earn a bachelor's degree in Business Administration, Information Technology, or Paralegal Studies. Here is why we do it:

One of the hardest parts of continuing your education is finding the money to do it. In today's economy, why would you take on debt if you don't have to?

Six years ago we started a scholarship competition to help students who said they couldn't return to school because they didn't have enough money. We started with Paralegal Studies and expanded it to the other two degree programs.

Each program's advisory board blind scores applications based on GPA, a personal statement, and an interview.

Scholarship winners can use the money however they'd like: tuition, books, or other fees. And best of all, the scholarship is renewable EVERY YEAR, for up to six years. That means a $2,000 scholarship actually adds up to an $8,000 scholarship over the course of four years.

We have great student participation in this competition, but I've always wanted to see more students apply. The requirements for applying are below. Every student should apply. What do you have to lose? And I always ask students, "Isn't a 500-word essay worth $40,000 to you?"

Entry deadlines for the spring scholarships are May 1, 2010.

To enter, each student must submit:
1) An essay: The essay will be titled, "My career aspirations and reasons for pursuing a degree at Peirce College." You will be required to answer the following four questions:
∙ Why Peirce?
∙ Why are you interested in pursuing your degree?
∙ What area of concentration do you want to pursue?
∙ How do you believe a degree will help you succeed in your career?
Please include information about prior academic success, work or internship experience, and/or community service as appropriate.
Essay format guidelines:
∙ Two to three pages
∙ Double spaced
∙ Times New Roman font
∙ 12-point font size
∙ One-inch top, bottom, and side margins
2) Two letters of recommendation

3) High school and/or college transcripts

4) Completed Peirce application
If you have questions or want to know more, please feel free to stop by the Admissions Office on the first floor of College Hall, or e-mail me at nmmaher@peirce.edu.

This is a program that has helped so many students since it began. You have nothing to lose and so much to gain, so get in the competition!