Unlocking Higher Education: The CollegeCounts Scholarship for Alabama Students
For Alabama students aspiring to pursue higher education, the financial burden can often be a significant barrier. The CollegeCounts Scholarship emerges as a beacon of hope, offering financial assistance to eligible students who demonstrate both financial need and a genuine desire to make a difference in their communities. This article delves into the details of the CollegeCounts Scholarship, outlining its eligibility requirements, award amounts, and application process.
Introduction: Bridging the Financial Gap in Higher Education
Paying for college isn’t easy, and the cost of college can make some students afraid to even try. Recognizing this challenge, the CollegeCounts Scholarship was created to provide funding assistance to Alabama high school students who demonstrate a financial need and a genuine desire to make a difference in what’s next. The CollegeCounts Scholarship program is designed to alleviate the financial strain on aspiring college students in Alabama, encouraging them to pursue their educational goals without being deterred by financial constraints.
CollegeCounts: Alabama’s 529 College Savings Fund
CollegeCounts - Alabama’s 529 college savings fund - offers scholarships to eligible recipients pursuing higher education at institutions in Alabama. CollegeCounts is the marketing name for the Alabama College Education Savings Program created by Alabama law. "CollegeCounts 529 Fund” is the marketing name for what is actually known as the ACES Trust Fund under Alabama law. The ACES Trust Fund is part of the ACES Program, which was established as a college savings alternative that allows contributors to open savings accounts to pay for a beneficiary’s qualified educational expenses at an eligible institution of higher education. These savings accounts can be sold directly to individuals or sold to individuals by financial advisors.
Scholarship Details: Award Amounts and Usage
Each year, the scholarship awards $4,000 and $2,000, respectively, to eligible four-year college enrollees and two-year college enrollees. The CollegeCounts Scholarship provides funding assistance to Alabama high school students who demonstrate a financial need and a genuine desire to make a difference. Awards of $4,000 are available for four-year college enrollees, while $2,000 is awarded to two-year college enrollees. These scholarships must be applied to tuition, fees, books, supplies and equipment required for course load, including computers.
Eligibility Requirements: Who Can Apply?
To be eligible for the CollegeCounts Scholarship, applicants must meet specific criteria:
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- Residency and Citizenship: Applicants must be citizens and be an Alabama resident.
- Academic Standing: They must have a minimum GPA of 2.75 with an ACT score of 26 or below.
- Enrollment Plans: Applicants must be high school seniors or first-time college freshmen planning to enroll in an Alabama eligible educational institution in fall.
- Financial Need: Applicants must demonstrate financial need.
Application Process: Key Steps and Deadline
The CollegeCounts Scholarship online application is available now through February. If you’re thinking about enrolling at an Alabama college or university, don’t let funds get in the way. The CollegeCounts Scholarship online application is available through February. The deadline for the application is CST on February 29. If interested please pick up a packet from Ms. Zeta Phi Beta is dedicated to helping students succeed in their communities and educational arena. The belief “that every child can prosper” is echoed throughout the framework of the sorority. facilitate a partnership with community stakeholders to increase academic achievement of the youth throughout the community.
Funding the Future: The Role of the Alabama Higher Education Loan Corporation
The Alabama Higher Education Loan Corporation (AHELC) was established to provide student loans to Alabamians. As a result, the AHELC Board of Directors chose to cease operations, dissolve the nonprofit corporation, and grant the existing surplus to help fund Alabama’s CollegeCounts Scholarship Program.
Non-Renewable Nature of the Scholarship
No, the CollegeCounts Scholarship is not renewable.
CollegeCounts Board of Directors
The CollegeCounts Board of Directors is the sponsor of the CollegeCounts Scholarship Program, and the Alabama State Treasurer is delegated the administrative responsibilities of the program.
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tags: #alabama #collegecounts #scholarship #requirements
