personal statement examples for financial aid

Personal Statement for Financial Aid

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Introduction My name is Emma Johnson, and I am writing to apply for financial aid to support my studies at State University. As a first-generation college student from a low-income family, I am determined to pursue higher education despite financial challenges. I am committed to achieving academic excellence and contributing positively to society.

Academic Background Throughout my high school career at Lincoln High School, I have maintained a strong academic record, graduating with a 4.0 GPA. I have particularly excelled in advanced courses in mathematics, science, and literature. My dedication to my studies has been recognized through various awards and honors, including membership in the National Honor Society and receiving the Academic Excellence Award in Mathematics. I have also taken on leadership roles, such as being the president of the Student Council and captain of the debate team, further developing my leadership and organizational skills.

Financial Need Coming from a family with limited financial resources, paying for college tuition and other expenses poses a significant challenge. My parents work multiple jobs to support our household, and we have always lived paycheck to paycheck. Despite their hard work, the cost of higher education is beyond our financial capacity. Receiving financial aid is crucial for me to afford tuition, books, and other necessary expenses without placing an overwhelming burden on my family.

Extracurricular Activities In addition to my academic achievements, I have been actively involved in community service and extracurricular activities. I volunteered at the local food bank and participated in environmental conservation projects, such as tree planting and community clean-ups. These experiences have instilled in me a strong sense of social responsibility and a desire to give back to my community. I have also been involved in sports, playing on the varsity soccer team, which has taught me the importance of teamwork, perseverance, and discipline.

Future Goals My long-term goal is to become a civil engineer, focusing on sustainable infrastructure development. I am passionate about creating innovative solutions that address environmental challenges and improve the quality of life in underprivileged communities. Attending State University will provide me with the knowledge and skills necessary to achieve this goal. The financial aid will not only enable me to pursue my education but also allow me to focus on my studies and extracurricular activities without the constant stress of financial instability.

Conclusion In conclusion, receiving financial aid is essential for me to continue my education and achieve my career aspirations. My academic achievements, leadership roles, and commitment to community service demonstrate my dedication and potential. I am determined to overcome financial barriers and make a positive impact in the field of civil engineering. Thank you for considering my application. I am hopeful that with your support, I can turn my educational dreams into reality.

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Financial Need Scholarship Essay Examples (2024)

Jennifer Finetti Oct 10, 2024

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Many scholarships are awarded based on financial need. In order to win these scholarships, you must explain the nature of your financial need. In the guide below, we’ll explain how to write these types of essays to increase your chances of winning. Check out these scholarship essay examples for financial need scholarships.

How to write financial need scholarship essays

Here are some tips for writing financial need scholarship essays:

• Maintain a positive tone throughout the essay . You do not want to come across as self-pitying. Focus on ways you learned and grew from past experiences – how they made you stronger.
• Do not diminish other people’s suffering. This is a competition, but that doesn’t mean you should belittle your competitors. In fact, it would be better to say “I know there are many worthy candidates for this scholarship, but…” than to say “I have suffered far more than…” Show respect in everything you write.
• Frame your essay around a specific event. You may add other details if you have space to, but use one experience as the thesis for your essay.
• Avoid controversial statements and opinions. When discussing events from your past, do not belittle someone else or talk negatively about a group of people. You never know who will be reading your essay.
• Tell your story with honesty. Do not fabricate any details to make yourself sound needy. Your past and present circumstances will speak for themselves.
• Don’t try to sound philosophical. Some students will do this because they think it makes them seem smarter, but it rarely has that effect. Focus on proofreading and writing solid content. That is enough intelligence on its own.
• Discuss your career goals, if possible. You may not have room for this if the essay is short. If you do have room though, discussing your career goals will indicate a plan for the future. Review boards reward determination.

You know why you need financial aid. Tap into the key elements of your circumstances and use them to craft the perfect essay.

Many scholarships are awarded based on financial need. In order to win these scholarships, you must explain the nature of your financial need. In the guide below, we’ve provided examples of scholarship essays for financial need scholarships, along with some tips to help you write your own essay.

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Example 1: “Provide a statement of financial need”

Some scholarships will simply ask for a statement of financial need. There are no parameters to follow. You’re left to write whatever you want. Typically, a statement of financial need is two or three small paragraphs. This will come out to roughly 150-200 words, but it could be slightly longer. Think of this as a cover letter for your scholarship application, highlighting the key elements of your financial need. Don’t build up to the thesis. Get directly to the point.

I am the first person in my family to graduate high school, and thus the first to attend college. Both of my parents dropped out of school when they were teenagers. Because of their limited education, they have always worked in entry-level positions, earning barely enough to put food on the table. My first job I got was at the age of 12 delivering papers, and I have worked hard ever since to relieve pressure from my family. I enrolled in Mississippi’s HELP program during my senior year, which covers tuition and fees at select colleges in the state. I also have a Federal Pell Grant to cover my housing. However, I still need funding for books, supplies, and transportation to campus as needed. I am an engineering student, and our classes come with high fees. My parents cannot contribute to my college expenses, and I cannot work much while I’m in school. This scholarship would help me avoid costly student loans that could take years to repay.  

Example 2: “Describe your financial need in 100 words”

This essay is even shorter than the financial need statement. It may be one of several short answer questions you need to fill out. Working with 100 words is tricky. That only leaves room for about 7-10 sentences, depending on length. Make compelling statements using the fewest words possible.

Also note that grammar errors and misspellings will be much more noticeable in this short essay. Carefully proofread your writing before submitting the scholarship application.

I got pregnant and dropped out of high school when I was 15. By the age of 20, I had two more children, and we all shared a one-bedroom apartment. I worked three jobs to pay the bills, but I never earned much. When my oldest started high school, I did the same. I got my GED at 29 and enrolled in nursing school. My financial status has improved now with a GED, but I’m still a single mom with three kids. I want to become a registered nurse to give my children a stable future. I appreciate your consideration.

Word Count: 100

Example 3: “Explain your financial need in 500 or more words”

This scholarship essay prompt is the opposite of the one above. You have much more room to discuss your circumstances. Talk about your family life, your income, and other restraints that contribute to your financial aid . Try not to throw too much in the essay though. You want the information to flow together seamlessly. Edit carefully, and give the readers a full view of your situation.

My name is Brandon Noviello. I am a sophomore on track to earn my Bachelor of Arts in Sociology. I need financial aid because I do not have a family to contribute to my education. I was in foster care for two years before I aged out of the system, and now I am pursuing a degree completely on my own. I was raised by a wonderful woman who didn’t always have a wonderful life. My mother got pregnant after a sexual assault, but she was determined to raise a smart, successful man. She went through an accelerated program to graduate high school before I was born. She devoted the rest of her life to supporting me, both financially and emotionally. My mother’s family cut ties with her the moment she became pregnant. Life wasn’t easy for us, but I never wanted for anything. She always found a way to keep me fed, dressed, and in school. Unfortunately, she lost a long-term battle with depression when I was 16, and I was put into the foster system until I reached adulthood. I did not have a positive experience with foster care, but I admit, I had no desire to. My mother’s passing weighed heavily on my mind, and I felt an overwhelming sense of anger, regret, and frustration. There was one gleam of hope in my experience though. I had a great social worker. I fought her decisions every step of the way, and she still managed to find a family to get me through high school. My social worker was the only person I invited to my graduation ceremony.  She helped me realize how much one person’s efforts can make a difference in the lives of others. I was only one of countless children she had helped over the years. I researched how to become a social worker so I could help other children like me. My plan is to work with the Department of Human Services in the foster care and adoption division after I graduate. In order to make my dreams a reality, I need financial aid. I am working as a server to pay for food, utilities, and basic necessities, but I do not earn enough to pay for college as well. I go to school during the day and work at night. Furthermore, I have a maximum Pell Grant to cover most of my tuition, but I still need help with other expenses. I did not do well in high school as a result of my mom’s passing, but I have done well in college. I have a 3.25 cumulative GPA, and I have never made less than an A in a degree-related course. As such, I am committed to being successful despite my circumstances, and I want to help young people find that motivation within themselves. I look forward to working with children and teens in the foster system, so I can be the hope that someone else was for me.

Word Count: 498

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Jennifer Finetti

Jennifer brings over 20 years experience in edtech, marketing, communications, content development, academic advising, and financial aid & scholarship counseling to ScholarshipOwl. She is also a marketing consultant and content developer for Diablo Valley College in Pleasant Hill, California, where she writes the college's biannual publication, DVC Magazine. Jennifer is a college financial aid and scholarship expert who has been seen on news segments across the country as well as in USA Today, CNBC, and Yahoo! Finance. She earned her MA in Counseling Psychology from National University, and her BA in Psychology from University of California, Santa Cruz.

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Your chance of acceptance, your chancing factors, extracurriculars, financial aid personal statement examples.

Hey everyone! I'm working on my financial aid application and was wondering if anyone has any examples or tips for writing a solid personal statement specifically for financial aid purposes? Thanks in advance!

Hi there! A personal statement for financial aid should focus on your financial situation, any challenges or extenuating circumstances you face, and how receiving aid will impact your education and future aspirations. Here's a brief outline and example to help guide you:

1. Introduction: Start by introducing yourself and providing a brief overview of your financial situation. Make sure to engage the reader with an opening statement that reveals your enthusiasm for your education and future goals.

Example: As an aspiring engineer with a passion for sustainable living, I am excited to pursue my dream of attending XYZ College. However, my family faces financial constraints that limit my ability to cover the costs without significant aid.

2. Background: Explain the factors that contribute to your financial need, such as job loss, health issues, or a large family. Paint a vivid picture of the struggles you and your family have faced and how it has affected your educational journey.

Example: My mother, a single parent of four, recently lost her job due to company downsizing. We've faced numerous challenges, such as putting food on the table, paying rent, and affording healthcare. These circumstances have made it especially difficult for my mother to provide financial assistance for my college education.

3. Impact of financial aid: Describe how receiving financial aid would benefit you in your educational journey and impact your future aspirations. Highlight your goals and elaborate on how your passion will drive you to achieve them.

Example: Financial assistance will allow me to attend XYZ College, granting me the opportunity to study under renowned engineering professors and contribute to their groundbreaking research on sustainable energy solutions. This experience will enable me to develop the necessary skills to become an innovator in the field of sustainable engineering, empowering me to make a significant impact on the environment and communities worldwide.

4. Conclusion: Reinforce your enthusiasm and dedication to your education, and express gratitude for the opportunity to be considered for financial aid. Emphasize how the aid will not only benefit you but also contribute to the broader community.

Example: I am eager to embark on my journey at XYZ College and contribute my skills and ideas to the campus community. With your generous financial assistance, I can make the most of this invaluable opportunity and pursue my dreams of becoming a leader in sustainable engineering. Thank you for considering my application and allowing me the chance to contribute to a greener, more sustainable future for all.

Remember to be genuine and specific about your personal situation. Personalizing your statement will make it more powerful and compelling. Good luck!

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