Edmond Women’s Club

Edmond Women’s Club is now taking application for scholarships.  Four different scholarship applications are available on their website at http://www.ewc.org
under community/Grants and Scholarships.  Applications must be postmarked by February 11th, 2013.  Forms may be completed electronically and printed or hand written. 

New Tax Law Resurrects Competitor To 529 College Savings Plans

The American Taxpayer Relief Act, signed into law Jan. 2, “breathes new life” into Coverdell Education Savings Accounts, which is a “flexible way to save tax-free for college and/or kindergarten through 12th grade expenses—even a computer,” Forbes reports. “The new tax law made permanent enhancements to Coverdell Education Savings accounts (known as education IRAs in their first incarnation). You can open an account for each child and put away $2,000 a year. Since the accounts work like IRAs where you save for retirement, you can make 2012 contributions through April 15, 2013. So if you’re opening a new account or adding to a dormant account, you can immediately stash away $4,000, earmarking $2,000 as a 2012 contribution and $2,000 for 2013. Like a 529 account, the money grows tax-free and is tax-free when withdrawn for education expenses.”

$500 Scholarship from AES Engineers

To be eligible for this scholarship the student needs to answer one of the essay questions that can be found at http://www.aesengineers.com/scholarships.htm

Their belief is that achieving a high grade point average should not be the only criteria for determining who deserves to be helped. For that reason they are offering a scholarship that will be awarded on the basis of character, as determined by evaluating the essays that are submitted.

Amount of award:  $500.00
Deadline for entry: October 4, 2013

Further information, including previous winners, is available on their web site at:  http://www.aesengineers.com/scholarships.htm

Four Ways to Prepare for the FAFSA

While it’s the start of a new year, Jan.1 was also the first day when incoming college freshmen can start to fill out the Free Application for Federal Student Aid (FAFSA). 

Fox Business reports on Four Ways to Prepare for the FAFSA.

Varsity Tutors Monthly Scholarship Description

Varsity Tutors offers a monthly $1,000 college scholarship contest to students who write the best essay in response to a monthly prompt. Visitors to the Varsity Tutors scholarship webpage will be able to vote via social media for submitted entries. The top five entries with the most votes will be reviewed by Varsity Tutors and one winner will be chosen who will receive a $1,000 college scholarship.

Interested students can enter the scholarship contest here: http://www.varsitytutors.com/college-scholarship.

Mensa Education & Research Foundation Scholarship

Mensa Education & Research Foundation announces 2012-13 Scholarship Essay Contest.  Awards are available from $300 up to $1,000 at both the local and national levels.  Visit http://mensafoundation.org/scholarships.  Deadline is January 15, 2013.