AARP Foundation Women's Scholarship Program
Helping Women 40+ Discover New Lives and New Futures
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The AARP Foundation has announced a new scholarship program for low-income women 40+ to participate in education and training opportunities. Two of the eligible categories are: Women returning to the workforce after an extended absence (such as caregiving) and grandmothers or other relatives caring for relative children who depend upon them financially. Approximately 100 scholarships ranging from $500 to $5,000 are expected to be awarded in the first round. The process opens August 31; deadline is October 31, 2007. Applications are only available on-line at
www.aarp.org/womensscholarship.
Mature workers are important and largely untapped resources who have much to offer not only to businesses, but to the nation. The AARP Foundation is dedicated to creating new opportunities for individuals to re-enter the workforce or obtain better employment so that they will be more financially secure in the second half of life. New job opportunities, however, often require additional skills, time and money. The right education and training can sometimes be out-of-reach, especially for individuals with limited financial resources.
While many individuals benefit from the work of the AARP Foundation, research shows that women are disproportionately at risk of having insufficient resources in the second half of their lives due to lower earnings and different work patterns. The AARP Foundation has established the Women's Scholarship Program to help women 40+ overcome financial and employment barriers by allowing them to participate in education and training opportunities they could not otherwise afford.
Eligibility
To be eligible for the scholarships, applicants must:
- Be a female age 40 or over (as of October 31, 2007);
- Be able to demonstrate financial need;
- Submit a proposal for enrollment in an accredited post-secondary school or training program within 6 months of the scholarship award date.
Priority Applicants
Priority will be given to applicants in the following categories:
- individuals returning to the workforce after an extended absence;
- individuals who are underemployed (in a job with limited pay, limited growth opportunities and limited benefits); or
- grandmothers or other female relatives raising another family member's child/children (with the ability to demonstrate significant financial responsibility for those child/children).
Deadline
The on-line application will be available beginning August 31, 2007. Complete applications must be submitted no later than October 31, 2007. 2008 scholarship recipients will be notified in January 2008. Scholarship funds will be made available shortly thereafter.
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