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the suitability of their proposed course of study at Harvard or MIT. They may also look for: originality of mind, commitment to public service, potential to make a mark in public life and the ability to overcome adversity The selection aims, criteria and standards are comparable to the Rhodes Scholarship and Marshall Scholarship programs. [9]
The Thomas J. Watson Foundation is a charitable trust formed 1961 in honor of former chairman and CEO of IBM, Thomas J. Watson. [1] The Foundation's stated vision is to empower students “to expand their vision, test and develop their potential, and gain confidence and perspective to do so for others.” [1] The Watson Foundation operates two programs, the Thomas J. Watson Fellowship and the ...
Canadian students attending colleges in the US may obtain loans through the Canadian government's Ministry of Skills, Training, and Labour. Alternative loans Canadian international students may apply for are the Canadian Higher Education Loan Program, [26] Global Student Loan Corporation (GLSC), [27] and International Student Loan Program (ISLP).
The US first major government loan program was the Student Loan Marketing Association (Sallie Mae), formed in 1973. [19] [clarification needed] Before 2010, federal loans included: loans originated and funded directly by the Department of Education (ED) government guaranteed loans originated and funded by private investors.
In the U.S., a grant is given on the basis of economic need, determined by the amount to which the college's Cost of Attendance (COA) [6] [7] exceeds the Expected Family Contribution (EFC), [8] calculated by the U.S. Department of Education from information submitted on the Free Application for Federal Student Aid following formulas set by the United States Congress.
UC Berkeley, for instance, provided no-loan financial aid packages of grants, scholarships and work-study opportunities for the first time to 776 first-year students and 329 transfer students last ...
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