Dunkin’ Donuts Of Greater Philadelphia Awards $50,000 In Academic Scholarships To Local Students – CBS Philly
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PHILADELPHIA (CBS) — Local students are receiving scholarships to pursue their dreams. Dunkin’ Donuts of Greater Philadelphia hosted its 10th annual regional scholarship program on Sunday at Lincoln Financial Field.
The company awarded 25 high school and college students a $2,000 academic scholarship.
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The recipients can use the money to pursue a full-time undergraduate degree at the institution of their choice.
“What I think is so special about this year’s scholarship, is that it’s not solely based on academics, its based on commitment, loyalty and giving back to the community,” Jackie Keown said.
The purpose of the scholarship program is to bring college education within reach, for students who could not otherwise afford it.
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Save money on books, school supplies and everything you want to enjoy college! Financial aid, back in the olden days meant grants, scholarships, work study jobs. Loans were part of the package, but since they are available, ‘common thought’ was it is not financial aid – it was however a low interest loan. If you’re dependent on your parents, and they are below a certain income, most colleges give you much monies to help you attend their school. The middle class student with 2 working parents pays much more for their child to attend school and that student often can’t get work study job on campus. Those jobs are limited to the kids with financial aid.
If you can, or your parents can, to lower your loan debt when you leave school, if you have any monies, try to pay at least the interest while you are in school. Many loans start adding interest the day they are used to pay for school. So a $10,000 loan becomes a $12,000 amount when you leave school (example each loan is different) If you pay the interest (example $25 per month) then the $10,000 loan is only $10,000 when you leave school.