Unlocking Your Potential: A Guide to the WGU New Year Scholarship
Western Governors University (WGU) offers a variety of scholarships to help students achieve their educational goals. Among these opportunities is the New Year Scholarship, designed to provide financial assistance to new students pursuing bachelor's or master's degrees. This article delves into the details of the WGU New Year Scholarship, outlining its benefits, eligibility requirements, and how it can help you achieve your educational aspirations.
WGU: An Innovative Approach to Higher Education
Western Governors University (WGU) is an online, nonprofit university committed to making higher education accessible and affordable. WGU distinguishes itself through its competency-based education model, which focuses on measuring learning rather than time spent in the classroom. This innovative approach is ideally suited for adult learners, allowing them to leverage existing knowledge and experience to accelerate their progress. Students can study on schedules that fit their lives, advancing as soon as they demonstrate mastery of the subject matter.
WGU offers more than 60 bachelor's and master's degree programs across various fields, including business, information technology, education, and health professions. WGU faculty members work one-on-one with students as mentors, offering guidance, support, and individualized instruction.
The WGU New Year Scholarship: An Investment in Your Future
The WGU New Year Scholarship is an incentive designed to encourage individuals to pursue their educational resolutions. This scholarship is open to new students who have been officially admitted to WGU and are enrolling in any of the university's bachelor's and master's degree programs.
The New Year Scholarship, valued at up to $3,000, is applied at the rate of $500 per six-month term, renewable for up to four terms. This can significantly reduce the already-low tuition costs at WGU, making higher education more accessible. For the average undergraduate degree, the scholarship can reduce tuition by about 15%.
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Eligibility and Application Process
To be considered for the WGU New Year Scholarship, you must first be provisionally accepted as a WGU student. Once accepted, you will receive your MyWGU student portal credentials, which are required to access the scholarship application.
WGU scholarships are made possible through the generous support of companies, foundations, partner organizations, and individuals, including WGU alumni, faculty, and staff.
Competency-Based Education: A Personalized Learning Experience
WGU's competency-based education model is designed to meet the unique needs of adult learners. This approach allows students to leverage their existing knowledge and experience, moving quickly through material they already know and focusing on areas where they need additional learning.
Gina Mastromarino, a WGU Nevada graduate with an MBA, shared her experience: "I had been working in industry for 25 years already and had so much knowledge and experience I was bringing to the table, so I was able to move through the program at a comfortable pace and take as many courses as I could handle at one time without changing the price of tuition."
Students complete their programs by studying on schedules that fit their lives and advancing as soon as they demonstrate mastery of the subject matter. WGU faculty members work one-on-one with students as mentors, offering guidance, support, and individualized instruction.
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Financial Aid Options
In addition to scholarships, students may choose to pay for the remaining portion of their degree through federal financial aid, subject to eligibility. Pell Grants, which do not have to be repaid, are granted based on financial need. Federal Direct Student Loans are also available to most students.
Overcoming Barriers to Education
WGU is committed to removing obstacles from your path to achieving your education goals and improving your career opportunities. The university recognizes that talent is universal, but access to opportunity is not. That's why WGU strives to increase access to education, making it possible for individuals to improve their lives and the lives of their families by earning a college degree online.
WGU also offers the Online Access Scholarship, which provides recipients with the technology they need to pursue an online degree, eliminating barriers to internet access. Before any devices are distributed, Online Access Scholarship recipients must read the WGU Student Handbook and agree to and understand the academic progress, tuition, and refund policies. The student will also be required to agree to the WGU Online Access Scholarship Terms and Conditions before any devices are distributed. The student must maintain a cumulative Satisfactory Academic Progress (SAP) percentage of greater than 66.67% each term to maintain scholarship eligibility.
WGU: A Model for Postsecondary Education
WGU has been recognized by the White House, state leaders, employers, and students as a model that works in postsecondary education. In just 21 years, the university has become a leading influence in changing the lives of individuals and families, and preparing the workforce needed in today’s rapidly evolving economy.
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