Everyone knows the success story behind the history of Bill Gates that how he became the famous and richest person in America or the whole world. He started his career with empty hands. Bill gates with the respective support of his wife Melinda Gates have established a “bill Gates foundation” and “joint Melinda”. The Bill Gates Foundation provides several scholarship programs to deserving or needy students and the Gates Millennium scholarship is the most famous one.
You have often studied the American culture, how the rich society forgets the poor community when they become rich. But Bill Gates is not such kind of person. He has donated a significant amount of his earnings then he got noble values in society. His one aim is to promote education in underprivileged areas. They mostly sponsored the students from poor or low-income families belongs to different ethnic groups such as African Americans, Americans, Asians, Hispanics, and Pacific Islanders.
They introduced several different methods to fund the education of minorities (especially African Americans). His foundation provides a heavy amount of donations particularly in the historically black unity colleges and other private organizations which designed many scholarship programs for the minority students so that they can achieve their desired education without financial disturbance. They provide funds for minorities to cover their tuition and other education-related expenses.
In addition to supplying funds to the minority schools and other private organizations, they have designed their own scholarship package named “Gates Millennium scholars financial aid program” commonly popular as the “Bill Gates scholarship program”. They awarded the Gates Millennium scholarship on the basis of good academic achievements but it does not have too many strict terms and conditions like other traditional grants and scholarships.
Even a GPA score of 3.3 will make you qualified for monetary help. Some programs may need only a Bachelors’s program degree or a GED in the case of graduate or college student to be eligible for this free money. You do not require having USA nationality even students from Permanent residents can be eligible to apply for the Bill Gates financial aid program. The scholarship is planned with the aim of helping the students to enter into different fields such as technology, Math, Science, Scholarships for Medical, and Engineering.
The scholarship amount differs which depends on the qualification of the applicants and the requirements of the program applicant applying for. But every student is expected to receive a few thousand dollars as a monetary reward. An average or low-performed student may get $7000 annually. And sharp students who have excellent results may get $15,000 per annual. It is not enough amount to pay off the entire cost of college education for many students but it will cover the large chunk of college tuition fees.
Therefore, getting a Gates foundation financial aid will ease your ways to get an education, never be late, and do apply for it. In addition, you can apply for another college or organizational scholarships to supplement your study expenses. Other sources will also help you to pay your college cost and you will be free from the stress of student loans after the completion of your graduation. And, you must focus on your studies with peace of mind.