Education is the fundamental right of every person on earth and is the root of a developed society. An educated society can bring tremendous positive change in the world and make it a better place to live for every living being. However, just as we acknowledge that education is necessary for a developed society, we also understand that the fees and other expenses together start getting higher as you move further in education. Moreover, not just the education of the child gets impacted due to huge costs, but other interests like sports, arts, and other activities also get similarly impacted due to the rising costs.
Various scholarship programs are available in different universities, issued by governments and a few NGOs to lessen the gap between talent and opportunities. These scholarship programs are very different from one another and try to help the deserving candidates get the right opportunity in the field they want to grow. Moreover, a scholarship also brings opportunities for students, sportspeople, artists, and professionals to study in other cities or countries and successfully take their lives in exciting and new directions.
Benefits Of Scholarships
Scholarship, whether for students, sportspeople, artists, or professionals, proves to be a huge benefit in helping the needy grow in their careers. Many people's important life decisions depend on their scholarships, and they can accomplish certain life goals only if they receive the scholarship. Here are a few crucial aspects that justify the importance of scholarship in providing equitable opportunities to every person.
Higher Education Is Accessible & Affordable
Higher education brings higher pay, and not all are in the same economic condition where they can pay the amount. Therefore, for those economically weak students, scholarships prove to be a huge help in completing their studies to the degree they want. Moreover, the family or the student himself is not under the burden of paying back the money like they have to do if they take loans from the bank.
Attract & Retain Talent
Many people just give up on their dream of becoming an actor, a designer, a cricketer, or any other professional whose training requires a considerable amount of money. For these types of people, scholarship is the resource that attracts them to pursue their hobby as their career and retain back in the same profession with extraordinary talent and hardships.
Encourage & Support Professionals To Give Their Best In The Educational Field
Many professionals want to learn new skills to move forward in their careers, but their salaries and families' economic condition doesn't allow them to do so. Scholarships allow these employees to learn new skills without getting worried about their economic issues and create new opportunities for themselves.
Brings New Ideas & Inspirations
The scholarship is always a two-way process and benefits only those who give their 200% in their subject. A person who gets a scholarship always has to maintain their good performance consistency to continue their scholarship. Thus scholarship boosts people to bring new ideas and inspirations out of their talent and hard work.
Conclusion
Scholarships are a great source of providing equity in opportunities for all equally talented fellows. It is a great way to boost hidden talents who cannot emerge due to their financial crisis. If you want to support talented fellows to get an equal platform for higher studies, learn new skills, or garnish their talent, which is impossible in their economic condition, visit us, IFE OOYE North America, and donate us whatever amount you want to. You can even join us as a member and work with us for a good cause.
Reference:
Elsevier. 2019. Science/article/pii/S0738059319302354. 25th Nov. Can scholarships provide equitable access to high-quality university education? Evidence from the Mastercard Foundation Scholars Program. [Online]. [15 March 2022]. Available from: https://www.sciencedirect.com/science/article/pii/S0738059319302354