Extra Room & Board Scholarships

Discussion in 'ROTC' started by Alexander93, Nov 3, 2010.

  1. Alexander93

    Alexander93 Member

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    I understand that a lot of schools give out room & board scholarships for students who also have a ROTC scholarship. My question is, does anyone know some good outside sources for room & board scholarships for the case that the university a scholarship recipient attends does not offer such assistance? I've been doing research and was wondering if any other knowledgeable people know of any scholarships that may be partial for ROTC scholarship winners.
     
  2. aglages

    aglages Parent

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  3. Alexander93

    Alexander93 Member

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    I've look through the thread but it seems to only deal with scholarships given out by the specific colleges. I was thinking of more like scholarships given out by non-profit organizations, companies, etc.
     
  4. Centhea

    Centhea Member

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    One thing you could consider outside of a scholarship is a Stafford Loan. Any student who is qualified through FAFSA will be granted $5500/year, no matter what the family income is. You don't have to repay it at all until after college (in-school deferment and six month grace period after school) and since most scholarship students will have a job at the end of college, it's worth looking into. Also, I believe that military service qualifies the borrower for a three year delay to repayment (you have to apply for the military deferment). It's also a reputable way to build credit. If you research this, please be sure to use the .gov sites NOT the .com sites.
     
  5. aglages

    aglages Parent

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  6. Stealth_81

    Stealth_81 Super Moderator Moderator Founding Member

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    Check with you parent's employers to see if they have a scholarship program for children of employees. Both of my kids in college right now have recieved scholarships from both mine, and my wife's employers. Check with the scholarship rules for restrictions on the use of the money, though. Some can only be used for tuition. Some can be used for tuition, room, and board.

    Stealth_81
     
  7. jocomom

    jocomom Member

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    paying for room and board

    If your student applies his ROTC stipend towards the room and board he will end up with a manageable amount of debt. My son recently visited a private school. The university covers half of the $12K+ room and board. If he deducts the ROTC salary that only leaves $4K for him to finance. Not a bad debt load for a school that costs $50K+. The reality is that most college students walk away with some debt and ROTC students are no different.
     
  8. Alexander93

    Alexander93 Member

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    Thank you for all the various answers. Any information that will help to pay for that little bit left over is helpful. I'll definitely be checking out those sources you've posted and hopefully I work towards 100% of my college paid for. I'm especially interested about the loan with the military deferment, I've never heard of it before and that would be perfect for any debt I have left over.
     
  9. singaporemom

    singaporemom Member

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    Also, check the scholarship section on every school's website inwhich you are interested. Many schools have automatic scholarships depending on your test scores and gpa. These scholarships can be applied to room and board.
    Indiana University, Alabama, Ole Miss, Baylor were all schools that we looked at because of their automatic scholarships. Other schools have scholarships that you will apply for simultaneously with your application or once you are accepted.
     
  10. The OC Josh

    The OC Josh Member

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    At most of the private schools I looked at, these scholarships could not actually be used towards room and board. But, I do agree that the scholarships definitely can help.
     

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