Financial Aid News 134: US National Sales Tax Proposal in Congress

Student Financial Aid News

In an unusual turn of events, Congress is currently debating a US national sales tax of 10% or more; in other nations, this is called a VAT (though the mechanics differ on a sales tax vs. VAT). This will impact everything from beer and pizza to college tuition and financial aid, and amounts to making everything 10% more expensive, or reducing your annual income by 10%.

If you’d prefer to not hand over 10% more of the contents of your wallet or purse, please consider giving your Congressional representatives a call or fax to let them know how you feel about it.

If you’d like to learn more about VAT, check this Wikipedia article.

Scholarship Update

The LULAC Parent/Child Scholarship program seeks to ensure the educational success of two generations by providing support, encouragement, assistance and incentives for participants to complete their educational objective at an ACCD college. By completing their educational objective, the participant ensures a full scholarship for their child. Due to the remarkable success of the program, for 2008 the number of scholarships awarded will be increased from 25 to 31. One of these scholarships will be the Lisa Flores Memorial Scholarship.

REQUIREMENTS:
Successful applicants for this program will meet the following requirements:

Be the parent of only one child, age six or younger.

Enroll in Fall 2009 at an Alamo Community College (ACCD)
Norteast Lakeview College, Northwest Vista College, Palo Alto College,
San Antonio College or St. Phillip’s College.

Be willing to commit to complete an Educational goal at an ACCD college.

Have no more than 30 college level earned hours.

Have a cumulative 2.500 GPA or higher.

Have completed a parenting program in high school or at least four clock hours of parenting at a community site and provide documentation.

Have completed and submitted a Free Application for Federal Student Aid
(FAFSA) form.

Be available for an interview.

BENEFITS: Upon selection for program, your child will have a scholarship endowment established in his/her name. This award entitles your child to a full scholarship to attend any of the colleges of the Alamo Community College District upon his/her graduation from high school.

Details and application at our free college scholarship search site.

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