Do not get a loan just yet! Loans may be even detrimental to your future especially if you are just starting out. According to Rusty Tweed, the average American student suffers from an average of $50,000 debt after getting a Bachelor’s degree. In fact, there are a lot of disadvantages when getting loans:
- Some loans have an interest rate. The longer time it takes you to pay it off, the more you need to pay as the interest compounds.
- Paying off loans is stressful! Not only do you have to allocate a portion of your future income to it, it may even hold you off building yourself financially in the long run.
- Who wants to have debt burdening them for 5-10 years or so? Given that average timeline, there is no assurance that you can pay that much amount of time.
This is why looking for scholarships and grants should be the first step when you seek financial aid as a student. Not only are financial grants freeing you from debt, you will also have the opportunity to motivate yourself in studying, in support of the company or person that sponsored you.
In this post, we will be looking into a unique kind of scholarship, called Rusty Tweed Drug-Free Scholarship. We will be listing down some reasons why you should join this scholarship if you are looking for extra funding in your academics.
5 Reasons Students Should Be Applying For the Rusty Tweed Drug Free Scholarship
1. Receive extra compensation for your studies
You may have received support for tuition fees from your parents, but do you want to lessen their burden by getting extra compensation? You can avail of this scholarship offer worth $1000. $1000 can go a long way in your studies because this can be used as your payment for textbook and other materials, other processing fees, and can even be kept as an allowance that could last you for some months.
If you are a part-time worker, this extra compensation can also go a long way when you need to take unpaid leaves to do some schoolwork requirements. Getting extra $1000 is not easy, and this is an opportunity you can easily grab is you apply for Mr. Tweed’s scholarship.
2. Support the cause of Rusty Tweed’s drug-free campaign
Another great benefit of applying for Mr. Tweed’s scholarship is supporting his campaign against drugs. We all know the harmful effects that drugs can bring to people. It causes health problems, financial problems, and even societal problems that can go to extreme extents.
As you apply for the scholarship, you will be required to submit a 500-word essay of what people can do to live a drug-free life. This is a great way to contribute to the battle against illegal drugs through your writing.
3. Free yourself from more student debt
Perhaps you’re someone who still needs student loans, but do not wish to have more. Once you apply for Mr. Tweed’s drug-free scholarship, you free yourself from the extra burden of more student debt.
As mentioned earlier, some loans can exponentially increase over the years if left unpaid. As a student, it is your responsibility to minimize the debt that you have for your future’s sake.
4. Lesser competition compared to other known scholarships
Some grants are difficult to apply to because of the sheer volume of students looking for compensation. When you are competing against hundreds or even thousands of students, you may feel discouraged because you don’t know if you are standing against someone who may be more eligible than you.
With Mr. Tweed’s scholarship program, there is less competition compared to major scholarships and grants known to most students. In fact, it is better to look for scholarships made by individuals themselves rather than big companies because it gives room for lesser competition.
5. Become motivated in your studies
Mr. Tweed is a believer in supporting students who are determined, motivated, and achievers. He wants to give financial assistance to people who believe in their dreams. If you are a high school or a college student who fits that criteria, you are eligible to join. Additionally, receiving financial help for your studies will also keep you motivated. We usually don’t take for granted things we are determined to achieve.
As you go on the internet or look for resources to support your schooling, we encourage you to look into Mr. Tweed’s Drug-Free scholarship. It may be just what you need to succeed in your studies.
