In today’s debt-saddled economy, it is more important than ever to make a solid plan regarding how you’re going to pay for higher education.
The cost of undergraduate and graduate school has skyrocketed in the last several decades as more and more students enroll in institutions of higher learning. While the trend reflects a significant move in our society toward greater educational achievement, the debt it leaves behind is sometimes staggering. According to the Wall Street Journal, the average debt owed by a student graduating with a bachelor’s degree is around $35,000. For graduate school, the number climbs even higher: Law students from the class of 2014 took on ore than $100,000 worth of debt, says U.S. News & World Report. And many students have debt from both undergraduate and graduate education.
So what does this mean for you?
Simple. Earning free money to attend law school is a smart move. That’s why we’ve started this scholarship: We want to help more aspiring law students get their degrees without having to pay back a mountain of debt upon graduation. Take a look at this Scholarship Application to learn more about the requirements for this repayment-free gift. Earning it, and scholarships like it can help you find a fulfilling career and begin your professional life without crippling debt. Read on to learn more.
Given the amount of debt most students can expect to finish undergraduate or graduate school with, Schneider & Palcsik is interested in helping hopeful lawyers attend their first year of school with a reduced loan amount by paying part of the winner’s school tuition. This can help students study harder because they don’t have to work while they attend school and make the graduate school experience both more rewarding and less obstacle-filled.
The Schneider & Palcsik scholarship is of $1,000 and is to be used exclusively for law school tuition for first-year law students at an accredited institution. It will be made payable to the award recipient’s university to cover tuition, so you do not need to worry about transferring funds to your school. The recipient is expected to submit receipts following IRS regulations.
Scholarship Application Requirements
To be eligible for the Schneider & Palcsik First Year Law School Scholarship, applicants must meet the following criteria:
- You must be a citizen of the United States or otherwise authorized to work in the U.S.
- You must have already been accepted to an accredited institution of higher education, and be planning to attend your first year of law school in the fall of 2016.
- You must have an academic achievement record that reflects an undergraduate cumulative minimum 3.0 GPA.
If you meet all of these requirements, you are eligible for the application and must submit the following materials by July 22, 2016:
• A completed Scholarship Application Form
• A one- to three-page typed essay
• An official and complete copy of college transcripts from all previous institutions you have attended
• An official acceptance letter from an accredited law school within the United States
• Proof of legal residency in the U.S. (e.g., birth certificate, passport, permanent resident card, etc.)
Keep in mind when writing your scholarship application essay to impress the judges, you must do more than simply answer the question. Adding extra detail helps us learn more about you, so personalize it to your life in a way that helps your personality and goals shine through. Focus on particular moments in your life or on a valuable lesson you learned rather than generalizing and always make sure to follow instructions completely.
Application materials should be mailed, or e-mailed in PDF format, to or firm and postmarked or electronically received no later than July 22, 2016. If you meet all requirements and submit a complete scholarship application packet, you can expect to be notified of the award on or about August 12, 2016.
Why A Schneider & Palcsik Scholarship?
Our goals in creating a scholarship to help support young lawyers are twofold. On the one hand, we love the idea of contributing to our nation’s next crop of young, talented lawyers. With bright minds like yours, we can continue to help poor, disadvantaged, disabled and underrepresented people get justice. Every day we see more statistics about people who have been treated unfairly, injured in accidents or even killed. Attorneys at our office have been fighting for decades to uphold justice, and we’d like your help.
Plus, we believe strongly that young students shouldn’t have to graduate saddled with debt when instead they should be focusing on building careers and families. At our law firm, we work hard to help others get what they need, and now we want to help you too. That way, you can learn more about what we do and help make the world a better place.
If you want a fulfilling career that ends in a meaningful job, law school is the way to go. However, more and more students exit graduate school with too much debt and are forced to work for many years before they feel they can afford other life goals such as home or family. Apply for scholarships if you want to have more freedom in deciding how to live your life and what to do with your money. These gifts don’t need to be paid back and will add to the number of bright young lawyers in our country who can live and work without fear of their debt.
That can be you, if only you take a shot at this scholarship. We look forward to seeing your application soon and helping to guide students toward a fulfilling law career today.
Photo: Studying by English 106 (https://www.flickr.com/photos/english106/) via freeforcommercialuse.org