When you do not have enough money to fund your college study, it is best for you to find a scholarship. Of course it would be easier for you to get a loan from any resource, but you should know that with a loan comes some interest and payments that need to be taken care of once you finish your study.
The sad thing is that many students and graduates with large amounts of student debt struggle to ever pay it and are tied to it there entire lives.
That is why you should make student loans as your last stop and try to get some other resources that you do not need to repay. Maybe something that will not burden you in the future such as grant, award, or scholarship.
What is the Susan Buffett Scholarship?
One scholarship that you could take is Susan Buffett Scholarship. The Susan Buffett Scholarship is made by the Susan Thompson Buffett Foundation that also known as the Buffet Foundation. This foundation is work on giving scholarship to student that needs it.
The Susan Buffett Scholarship are given to students that are attending or plan to attend one of the University of Nebraska Campus Systems such as University of Nebraska Lincoln also known as UNL, University of Nebraska at Omaha also known as UNO, and University of Nebraska at Kearney also known as UNK. So when you are planning to attend one of those universities you would possibly qualify for the Susan Buffett Scholarship.
What the Susan Buffett Scholarship covers?
The Susan Buffett Scholarship are given so the students would not have to worry about their tuition at all, that is why this Susan Buffett Scholarship covers many things that the student needs such as the tuition, books, housing, and other campus related fees.
Scholarships are based on a number of factors, so you can not predict how many scholarships that the student will received because they would calculate and base it on full-time student average tuition and fees on the campus that they attend.
The Susan Buffett Scholarship could also be renewed every year so you do not need to find other scholarship. The amount of the scholarship renewal is also adjusted to that year average tuition and fees to adjust with the increased or decreased of the tuition that the student needs.
How to get Susan Buffett Scholarship?
The Susan Buffett Scholarship is given to students with high financial needs while paying attention to their academic merit achievement, which is why there are some things that you need to fulfill before being able to apply for the Susan Buffett Scholarship.
You would need your high school transcript to be able to apply for the scholarship, and do not forget that you would also need to get some recommendation requests that your teachers might be able to help you with. Aside from those two things you would also need to write your own essay so the committee would be able to see your intention and why you should received the Susan Buffett Scholarship.