Money Club

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Free $$$$$ to Pay Off Federally Insured Student Loans

The U.S. Federal Government has established a student loan repayment program which authorizes agencies to repay certain types of federally insured student loans as a recruitment or retention incentive for highly qualified personnel. If you qualify, an agency may agree to provide student loan repayment benefits of up to $10,000 per calendar year, subject to a cumulative maximum of $60,000 per employee. Contact The Office of Personnel Management, 1900 E Streets NW, Washington, DC 20415-1000; 202-606-1800; Continue reading

High School Seniors Get $2,000 to Study Restaurant & Hospitality

The Undergraduate Merit Scholarship for High School Seniors offers $2,000 for high school seniors who have demonstrated a commitment to both postsecondary foodservice education and a career in the restaurant and hospitality industry. Applicants must have a minimum 2.75 GPA and must have performed at least 250 hours of foodservice-related work. Contact the National Restaurant Association Educational Foundation, (formerly National Institute for the Food Service Industry), 175 W. Jackson Blvd., Suite 1500, Chicago, IL 60604-2702; 800-765-2122, 312-715-1010, Fax: 312-715-0807; Continue reading

Receive 100% Loan Forgiveness from Brooklyn Law School

The Brooklyn Law School. will extend a loan to a graduate for the first year of his or her participation in the LRAP Program. The Law School will forgive the entire amount of the LRAP Loan immediately upon satisfactory completion of the first full year of participation. To receive this 100% loan forgiveness, the participant must be in good standing for the complete year with regard to all LRAP eligibility requirements. Interest will accrue at the rate of 5% per annum, but will also be forgiven along with the principal upon completion of the first year. Contact Brooklyn Law School Office of Financial Aid, 250 Joralemon Street, Brooklyn, NY 11201; 718-780-7915; Continue reading

$$$$ Baker University Loan Forgiveness!!

At the request of the Baker University, we are posting that the information below is no longer valid. The Challenge/Loan grant no longer exists. No word on whether or not a new grant or program is forthcoming. Please do not contact them about this expired program.

Students who complete a bachelor’s degree at Baker University’s College of Arts and Sciences may be eligible for the school’s loan forgiveness program. The Challenge Loan program becomes available beginning a student’s sophomore year. The funds start out as a loan, but are forgiven if you graduate from Baker. Contact Baker University, P.O. Box 65, Baldwin City, KS 66006-0065; 913-594-6451; Continue reading

Work-Study Program Pays for School

(Federal Work-Study Program 84.033)
Part-time employment is available to students to help meet education expenses. This program pays an hourly wage to undergraduates. Graduate students may be paid by the hour or may receive a salary. A Student Financial Aid Handbook is available, as is a list of grantee institutions, by contacting Federal Student Aid Information Center, P.O. Box 84, Washington, DC 20044; 800-433-3243. Contact the Division of Policy Development, Student Financial Assistance Programs, Office of Assistant Secretary for Postsecondary Education, 400 Maryland Ave., SW, Washington, DC 20202; 800-443-3243; Continue reading

$2,500 For Foodservice Research

This grant is for School Nutrition Association members who want to conduct academic or non-academic research applicable to local or state-level foodservice programs. Contact School Nutrition Association, 700 S. Washington St., Suite 300, Alexandria, VA 22314; 703-739-3900; Fax: 703-739-3915; Continue reading

Money for American Indians who Need Extra Studies for Health Care Program

(Health Professions Preparatory Scholarship Program for Indians 93.971)
The program objective is to make scholarships available to American Indians and Alaskan Natives who need to take some extra courses in order to qualify for enrollment or re-enrollment in a health profession school. For application information contact Indian Health Service, Scholarship Program, 801 Thompson Ave., Suite 120, Rockville, MD 20852; 301-443-6197; Continue reading

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