Education has never been more expensive as it is today. It,s understandable that students are doing everything possible to save as much money as they can and find ways to fund their education that they don,t have to pay back or pay outrageous interest fees on.
Minority grants are not only good for education, they&'re also great for a variety of other reasons as well. If you&'re thinking about applying for a minority grant or if you&'re looking into minority grants, you might have one major question to ask yourself: who qualifies as a minority?
A minority group can be defined as a sociological category inside of a demographic. Minorities are often defined by groups that hold a majority of the roles of social power in a given society, groups that are known as the social majority. This definition can be crafted from gender, wealth, ethnicity, race or sexual orientation. A minority group can also be defined as a group of people who don&'t have very many positions of social power.
Examples of minority groups include:
- Ethnic/race minorities
- Gender minorities
- Sexual orientation minorities
- Age minorities
- Religious minorities
- Individuals with disabilities
There are also some countries that acknowledge minority or ethnic groups by certain laws of that country that aren&'t available to other groups in those countries. If there is a legally-recognized language a minority group speaks, they might be entitled to either communicate or educate the government about their native language. Such countries with these special laws include:
- The United Kingdom
- The Netherlands
Not all minority groups are viewed the same way. If there is a group that&'s either too indistinct or if there are too few members, they might have no choice but to identify themselves as members of the same country as the majority, or view themselves as part of a separate nation that&'s all but ignored by members of the majority because of the resources necessary to offer them preferences related to their minority group. One example of this is a person who is part of a small ethnic group having to mark the “Other” box on an application or checklist. What this might mean for them is that they won&'t receive as many special privileges as someone who is part of a more defined minority group.
Who Qualifies for Minority Grants?
Since there are so many grant programs in America, almost everyone is entitled to receive one, and members of certain minority groups might be eligible for more than one grant program. Besides education, grants can also be used for college education, financing an adoption, purchasing a mobile home, research, paying bills, funding a small business, senior citizen services and job training.
There&'s no marriage status, gender, age limit or economic status criteria that needs to be met in order to be eligible for a loan. All you have to do is meet the requirements for the minority group you belong to. You can either be unemployed or a millionaire and still qualify for the same grant. Fields in particular that seem to offer the most grants to minorities are technology, science, math, medicine and engineering. American Indian students are awarded with roughly 5,000 scholarships each year by the American Indian College Fund, but only as long as they plan on attending college. How much money an individual may qualify for is determined by the field of study they&'re going into, financial need and their current academic standing.
Other Factors That Make Up a Minority Group
Members of a certain ethnicity or race aren&'t the only ones who can qualify for minority grants. Certain minority grant providers will also consider a person a member of a minority for their religion, lifestyle or culture. Several individuals have missed out on a variety of minority grants simply because they were unaware of just what makes up a minority group. It&'s best that you read over all of the criteria for a grant before you decide that you aren&'t eligible.
Why Are There Minority Grants?
Studies have shown that African Americans, women, Hispanics and Asians have a more difficult time of receiving a quality college education and opening their own business when compared to the rest of America&'s population. The government has worked alongside private foundations to set aside large amounts of money to offer minority students and citizens the opportunity to start their business, go to college and grow their existing business. Minority grants can also be used to pay off credit card debt, take care of past due hospital bills, invest in the real estate market and repair their homes.
If you&'re applying for college, in need of assistance with your credit card payments or if you&'d like to either start or expand your business, it&'s highly recommended that you at least look into getting a minority grant even if you don&'t think that you would qualify for one. It never hurts to try and you have nothing to lose by doing so. So who qualifies as a minority? Maybe you do.