Tag Archives: financial planning

Scholarships for Children of Single Parents

If you’re a single parent trying to figure out how you will finance your child’s college education, you know that it can be quite difficult. The good news is that you are not alone, and over the years more assistance for single parents is available. If you’re unsure of where to start looking for scholarships for your child you can start here with 10 Scholarships for children of single parents.

1. American Legion Legacy Scholarship

Each year, the American Legion offers the Legacy Scholarship to provide a $37,000 stipend that can cover tuition, textbooks, and other living expenses for college students whose parent was killed while serving our country. Candidates must be the biological or legally adopted children of United States Armed Services members who died in active duty on or after 9/11. Eligible high school seniors and graduates should be enrolling for undergraduate studies at an accredited higher learning institution in America.
Contact:
American Legion Legacy Scholarship

2. Ava’s Grace Foundation Scholarships

Ranging in value from $3,000 to $5,000 apiece, the Ava’s Grace Scholarship Foundation (AGSF) distributes annual awards for up to four scholars across the state of Missouri who are being raised by a single parent while the other serves prison time. Qualified candidates must be U.S. citizens, exhibit financial need, achieve a minimum cumulative GPA of 2.5, be enrolling in an accredited non-profit college, be seeking their first degree, and have a parent incarcerated in a U.S. state or federal penitentiary.
Contact:
Ava’s Grace Foundation Scholarship

3. Ayo and Iken Children of Divorce Scholarship

Founded by a group of Florida divorce attorneys, the Ayo and Iken Children of Divorce Scholarship is presented annually for $1,000 to graduating high school seniors in Florida who live in a single parent family divided by divorce. Eligible applicants must plan to pursue post-secondary education after graduation, have parents permanently separated or divorced, and write a 2,000-word essay describing how their parents continue to show their love despite being part of a separated household.
Contact:
Ayo and Iken Children of Divorce Scholarship



4. Carolina Covenant Scholarship

For students from single parent households who are enrolling at the University of North Carolina at Chapel Hill, the Carolina Covenant Scholarship is available to potentially cover 100 percent of tuition costs for a maximum of four years and provide a laptop computer. Qualified candidates must be considered dependents, maintain full-time enrollment status, be pursuing their first bachelor’s degree, make satisfactory academic progress, have U.S. citizenship, and come from a low-income family that does not exceed federal poverty guidelines.
Contact:
Carolina Covenant Scholarship

5. David J. Ewing Scholarship Fund

In honor of a beloved father of two who lost his battle with cancer in 1990 at the youthful age of 36, the David J. Ewing Scholarship Fund was created by the University of North Texas to award tuition assistance to currently enrolled full-time undergraduate students who have lost a parent during their working years. Along with the application, candidates must submit two letters of professional recommendation, official high school transcripts, financial aid reports, and a two-page essay on their educational goals.
Contact:
David J. Ewing Scholarship Fund

6. Families of Freedom Scholarship Program

Based on a financial need formula, the Families of Freedom Scholarship Program provides annual awards to dependent children of 9/11 victims, including World Trade Center workers, Pentagon employees, airplane crew or passengers, emergency medical personnel, firefighters, and law enforcement officers killed in the tragic terrorist attacks. Eligible applicants must be enrolling in an accredited post-secondary program at a vocational school, community college, or university in the United States before their 24th birthday.
Contact:
Families of Freedom Scholarship Program

7. Heroes Tribute Scholarship

Through the Marine Corps Scholarship Foundation (MCSF), the Heroes Tribute Scholarship is granted to provide $7,500 for up to four years to children of Marines and Navy Corpsmen who were killed in combat operations on or after September 11, 2001. Eligible applicants must be planning to attend an accredited undergraduate college in the upcoming fall, maintain a minimum cumulative GPA of 2.0, be pursuing their first bachelor’s degree, and have been raised by a single parent with an adjusted gross income under $94,000.
Contact:
Heroes Tribute Scholarship



8. Iraq and Afghanistan Service Grants

Administered through the U.S. Department of Education, the Iraq and Afghanistan Service Grants are given annually for over $5,300 to college students raised by a single parent or guardian after a parent was killed in military service performed in Iraq or Afghanistan after the events of 9/11. Qualified candidates must be under 24 years old, plan to enroll in an accredited American college at least part-time, meet the Federal Pell Grant eligibility requirements, and have grieved the death of a parent in the U.S. Armed Forces.
Contact:
Iraq and Afghanistan Service Grants

9. Jackie Spellman Foundation Scholarships

In loving memory of a 24-year-old who lost her battle with acute myeloid leukemia (AML) after 14 months of painful treatments, the Jackie Spellman Foundation offers scholarships for $1,000 to $5,000 to graduating high school seniors or college students who have lost a parent from leukemia or lymphoma. Eligible candidates must plan to enroll full-time in college, have critical financial need, carry a minimum overall GPA of 3.0, and write an 800-word essay explaining how leukemia or lymphoma has forever changed their life.
Contact:
Jackie Spellman Foundation Scholarships

10. JoAnn Heffernan Heisen Scholarship

On the basis of academic merit and financial need, the JoAnn Heffernan Heisen Scholarship is granted annually at Syracuse University for $500 to $1,570 to currently enrolled undergraduate students raised within single parent households who need financial assistance to participate in a study abroad program. Along with a completed application, students must submit a one-page essay stating how studying overseas will help them reach their academic, personal, and career objectives in today’s global community.
Contact:
JoAnn Heffernan Heisen Scholarship

This list is only a portion of the scholarships that you can find out there to help in assisting you with funding your child’s college education.  So keep researching to get the most scholarship assistance you can for your child.

Financial Planning for the Single Parent

As a single parent it’s even more important than ever to have a short term and long term financial plan.  At About.com they have an article that covers some of the financial planning that you need to think about for you and your child.  The article covers:

  • Creating a Budget
  • Getting Child Support
  • Finding Additional Help
  • Setting up an Emergency Fund
  • Life Insurance
  • Education Funding

While the article doesn’t go into a great amount of detail, if you are just starting to think about financial planning it’s a good place to start.  Many single parents don’t even think about financial planning until they are hit with a crisis; and that’s the worst time to start.

You can read the entire article by clicking on Finances for a Single Parent