tag:blogger.com,1999:blog-3058809147361765051.post438552865550699618..comments2023-12-20T05:58:35.118-05:00Comments on Free Money Ate My Brain: Scholarships for Disadvantaged Students in Health and Behavioral ResearchLinda Kosshttp://www.blogger.com/profile/10927906843400187572noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3058809147361765051.post-80389317407663626232012-07-22T23:20:41.252-04:002012-07-22T23:20:41.252-04:00You raise some really good points. The money is n...You raise some really good points. The money is not necessarily a reflection on how you are living right now. And often, if you're an older worker, it's harder to get loans. And the problem of state funding is tough for any federal program. Not all states take the federal money, or may take it and spend it for something else. Finally, there is no guarantee of getting a job, as you say. You need to look carefully at 1) your school's costs and 2) the demand for the job and 3) whether the school will in fact prepare you to get certified (if that's required). I dealt with that in a previous post (http://freemoneyatemybrain.blogspot.com/2010/08/for-profit-schools-and-you.html). Law schools are coming under heavy criticism right now for creating deceptive information about the employment of their grads.Linda Kosshttps://www.blogger.com/profile/10927906843400187572noreply@blogger.comtag:blogger.com,1999:blog-3058809147361765051.post-27819704619879772592012-07-22T13:14:29.204-04:002012-07-22T13:14:29.204-04:00Might want to take a hard look at how financial ai...Might want to take a hard look at how financial aid money is actually awarded. When you are a nontraditional student (e.g. not living off mommy and daddy anymore) your financial status per FAFSA is based on your previous year's tax return. Does not take into account what's going on NOW. You now may be living in complete destitution but if you had more than even a 12k income in 2011 you are considered ineligible for grants; if you are over 50 no one will loan to you privately and the average govt student loans (if any still available for 2012 academic year) amortize out as being worth about $150 a month to cover everything - tuition, books, fees, and all living expenses. And NO guarantee of getting employed afterward. Also please note that the so-called Rural Incentive programs for all types of health care providers to be partially or fully "forgiven" their student debts if practicing in rural areas - those programs simply have not been funded by most states. Federal money is tied to contributing or matching state funds and the states are broke. The entice students into these programs with patently false promises leaving students still responsible for extortionate student loans with no way to pay.Anonymousnoreply@blogger.com