There are still plenty of good souls in this world. Not everyone is overly preoccupied with his own dreams of getting ahead in life and enjoying the fruits of his labor. There are institutions that have taken it upon themselves to help others who are stricken with poverty by extending financial assistance for education purposes. In the US and elsewhere around the world, a number of non-profit organizations have set up educational charity operations in order to help eradicate poverty through education. The lack of education has been pinpointed as one of the leading causes of poverty. By helping poor but deserving students, these institutions are able to turn them into productive members of society as opposed to keeping them dependent on government support for sustenance. Eventually, when they are better equipped with their educational attainment, these students will be able to fend for themselves and live self-sufficient lives. Continuous support of these charities by donors and sponsors will no doubt go a long way in furthering the worldwide campaign for the eradication of poverty.
Funding for these educational charities come from a number of sources. Some have income-generating initiatives that are designed specifically to fund the grants extended to those who qualify based on each charity’s screening guidelines. Some receive donations from sponsors and donors.
As such, these charities often have limited resources too and could not possibly extend assistance to each and every student who asks for financial help. Thus, there is a need for careful screening of applicants. One common factor that is considered by these charities is of course financial need. In most cases, these educational charities would require that other sources of funding be tapped first before applying for grants.
Again, this stems from the limited funding that these institutions have. In fact, most of these charities do not necessarily shoulder all educational expenses. In most cases, they only cover those that other funding sources cannot provide. There is also no guarantee that they will be able to sustain grants to particular students from year to year. The number of students accepted and the number of grants that these educational charities are able to disburse are dependent on how much funding they have available. Prudence in the awarding of these grants is necessary in order to ensure that the money spent for helping needy students get the education that they need is not wasted. Anyone who wants to tap educational charity institutions for his education funding needs should be able to show commitment and determination in his desire to finish his studies and become a more productive member of the community.