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USA Funds Accepts Applications for $1 Million in Scholarships

Outline: USA Funds applications for $1 million in USA Funds Access to Education Scholarships to help low to moderate income households pay students college costs.

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Awards help low- to moderate-income students pay for higher education.

USA Funds, a nonprofit organization that helps American families benefit from postsecondary education, announces that it is accepting applications online for a total of $1 million in USA Funds Access to Education Scholarships® to help students from low to moderate income households pay college costs.

The program offers $1,500 scholarships to qualified full-time or half-time undergraduates and to full-time graduate and professional students.

Applicants for the scholarships must be enrolled or plan to enroll in course work at accredited two or four-year colleges, universities or vocational/technical schools beginning with the fall 2011 term through Feb. 1, 2012.

The program assists students from households with an annual income of $35,000 or less. Up to 50 percent of the awards go to students who are members of an ethnic minority group or are physically disabled.

"USA Funds has helped more than 16,000 low- to moderate-income students pursue higher education through the award of more than $55 million in scholarships during the past nine years," said Robert C. Ballard, USA Funds senior vice president, access and outreach. "We're pleased to continue this tradition of scholarship support to help deserving students overcome financial barriers to college."

The scholarship application deadline is Feb. 15, 2011.

For complete eligibility information and to apply online, students should visit www.usafunds.org/scholarship. A Spanish-language version of the scholarship information and online application is available.

Headquartered in Indianapolis, USA Funds is a nonprofit corporation that works to enhance postsecondary education preparedness, access and success by providing and supporting financial and other valued services. For more information about USA Funds, visit www.usafunds.org

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