How Vocational Financial Aid Works


Other Options for Vocational Financial Aid

If you meet certain specialized criteria, scholarships and other financial aid may be available to you. Here are some examples:

  • Veterans: Under the GI bill, veterans, their spouses and dependents may be eligible for comprehensive educational benefits including full payment of tuition, fees, a housing stipend and a stipend for books and supplies [source: Department of Education].
  • Employer tuition assistance: If you're already employed, your employer may foot the bill for a portion of your tuition or certification training. This option is most often available to professional degree seekers (doctors, lawyers, MBAs); however, companies employing tradesmen and skilled workers may also sometimes offer tuition assistance [source: FinAid].
  • Older and nontraditional students: Many scholarships are specifically available to older and nontraditional students, and statistics show that nontraditional students are more likely to receive federal Pell grants. Also, many schools offer free or reduced tuition to senior citizens. If you've lost a job or you're thinking about changing careers, be sure to look for scholarships available for displaced or mid-career workers [source: FinAid].
  • Financial assistance for community service workers: Several organizations exist to promote community service and volunteerism, such as AmeriCorps, National Civilian Community Corps (NCCC) and others. Some of these offer tuition or certificate training assistance when you complete their programs. For instance, AmeriCorps volunteers who have finished their service term and enrolled in the National Service Trust are eligible to receive the Segal AmeriCorps Education Award. This substantial award can be used to pay for tuition, educational training or to repay student loans [source: AmeriCorps].
  • Other types of aid: Special scholarships and other types of aid exist for many different target groups including international students, students with disabilities, minority students, women, gay, lesbian and bisexual students, Jewish students, undocumented students and illegal aliens. There are even scholarships for cancer patients and survivors. FinAid.org is a great place to start when you're researching the different types of available aid [source: FinAid].

Vocational education is geared toward increasing a person's chance of finding stimulating, well-paying work. Wherever you are along your career path, financial aid opportunities abound for individuals looking to advance their technical skills and education. For more information, check into the links below.

Related HowStuffWorks Articles

More Great Links

Sources

  • "FAQs: Eligibility." Free Application For Federal Student Aid (FAFSA). (Jan. 15, 2010)http://www.fafsa.ed.gov/faq003.htm
  • "Frequently Asked Questions." JobCorps. Aug. 14, 2009. (Jan. 26, 2010.)http://www.jobcorps.gov/faq.aspx
  • "Funding Education Beyond High School: The Guide to Federal Student Aid 2009-2010." US Department of Education. (Jan. 16, 2010.)http://studentaid.ed.gov/students/publications/student_guide/2009-2010/english/index.htm
  • "National Assessment of Vocational Education". U.S. Department of Education. September 2002. (Jan. 19, 2010.)http://www.ed.gov/rschstat/eval/sectech/nave/execsum.pdf
  • "Other Types of Aid." FinAid. (Jan. 26, 2010)http://www.finaid.org/otheraid/
  • "Registered Apprenticeship." United States Department of Labor (DOL). Jan. 7, 2010. (Jan. 26, 2010)http://www.doleta.gov/OA/
  • "Segal AmeriCorps Education Award." AmeriCorps. (Jan. 26, 2010)http://www.americorps.gov/for_individuals/benefits/benefits_ed_award.asp
  • "Vocational Scholarships List." NextStudent.Com. (Jan. 26, 2010)http://www.nextstudent.com/directory-of-scholarships/major/0049/academic-Vocational-scholarships.aspx
  • Wei, C., Berkner, L., He, S., Lew, S., Cominole, M., Siegel, P., et al. "2007-08 National Postsecondary Student Aid Study." Institute of Educational Sciences (IES). April 2009. (Jan. 26, 2010)http://nces.ed.gov/pubs2009/2009166.pdf
  • "What's Available." Career One Stop. (Jan. 26, 2010)http://www.careeronestop.org/EducationTraining/Plan/WhatsAvailable.aspx
  • "Workforce Investment Act." Department of Labor (DOL). Jan. 07, 2010 (Jan. 26, 2010)http://www.doleta.gov/programs/factsht/wialaw.cfm

More to Explore