Did you know that the new US government is committed to helping single moms return to school? Many mothers are not aware that the Obama’s ‘Moms Return to School’ Government Grant Scholarship is available, but there are big benefits to finding out as much as you can about this offer.
Given the state of our economy this is a great time to be finishing or furthering your education; even more so if you are a single mother. When the economy bounces back (which it always does), qualified workers are going to be in big demand. Having that degree will make you qualified for that job you have always wanted.
Here are some of the important things to know about Obama’s “Mom’s Return To School” grants and scholarships.
Federal Pell Grants
One of the first bills introduced by Obama, the Federal Pell Grants are being increased for low income students. That means the maximum grant allowed now is $5100 instead of $4050. There is even talk of raising it more. If you are a single mother then is one of the very best grants that you can get.
You can apply for this grant by choosing a college or university that you wish to attend. Make sure they are running your chosen program or course first.
You then fill out a deferral FAFSA form and have it submitted.
Tax Benefits for Studying Moms
The first four thousand dollars of money applied toward higher education is tax free according to the American Opportunity Tax Credit.
Grants for Online Study
If you are planning on attending an online school then be aware that Obama’s “Mom’s Return To School” government grant program is still an option for you . If you think about it studying using an online school just makes a lot of sense for a single mother who wants to be available for her kids.
You can also look for additional grants and scholarships you qualify for. You may be surprised to find that some are even suited for single mothers and may offer more money.