Posts Tagged financial

Institutional Reforms In The Higher Education Sector Of Mozambique And Ethical Issues

The need to eradicate poverty through increased literacy

One of the central goals defined by the Government of Mozambique in its long-term development strategy is “poverty reduction through labour-intensive economic growth”. The highest priority is assigned to reduce poverty in rural areas, where 90 percent of poor Mozambicans live, and also in urban zones. The Government recognizes also that, for this development strategy on poverty eradication to succeed, expansion and improvement in the education system are critically important elements in both long-term and short-term perspectives.

In the long term, universal access to education of acceptable quality is essential for the development
of Mozambique´s human resources, and the economic growth will depend to a significant extend on the education and training of the labour force. It is very important to develop a critical mass of well trained and highly qualified workforce which in turn will improve the overall literacy, intellectual development, training capacity and technical skills in various areas of the country’s economic and industrial development. Read the rest of this entry »

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Free Scholarship Money – Your #1 Source For Scholarships

You probably need some free scholarship money to go to college, right? Or at least it would help if you had more. Almost every college student could use more scholarships.

But your last 25 applications didn’t get you a dime? Lousy luck. You can improve this, and you should start with your #1 source for college scholarships.

The #1 Source

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Student Financial Aid – The College Financial Aid Office Is Under Utilized

Student financial aid offices deal in big numbers. Not just financial numbers, but massive files of FAFSA data coming into and out of large databases, hundreds, sometimes thousands of incoming and outgoing documents including student requests, requests for further information and financial aid award letters. Most college financial aid offices virtually hum with efficiency. With this in mind, it is also the role of the financial aid office staff to treat you, the consumer, with individual care and respect. Sometimes, in the hectic pace and hyper efficiency, stopping to help one student with a specific problem is like trying to stop a train to let a bunny cross the tracks. It’s a good idea and the right thing to do, but often more difficult to achieve than it should be. Train analogy aside, good financial aid offices have specially trained staff ready to help students and parents with special requests, one-on-one counseling, budgeting and financial literacy programs. In an era where most of the financial aid process is online and impersonal, meeting with a financial aid counselor or specialist can be a refreshing and informative experience for both the student and the parent.

It is a good idea for students to contact their financial aid office (FAO) before any problems arise. Being proactive in the financial aid process pays high dividends. If a family has experienced a financial hardship that was not adequately reflected on the FAFSA application or the CSS profile, it’s best to approach the FAO. In some cases, extraordinary expenses for medical care for a dependent child or spouse can be taken into consideration by the financial aid office and the Estimated Financial Contribution (EFC) can be adjusted. In the event of a catastrophic loss like the death or total disability of a parent, an FAO can advise on what documents are needed in order to recalculate the EFC. Students and parents are advised to be prepared, in almost all cases, to properly document any special request. A student’s burden is to make an appeal for reconsideration sound reasonable, well documented, and substantial. A minor loss of income, brief period of unemployment or the sudden desire to own a yacht are typically not considered extraordinary circumstances.

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