The Life or Debt Scholarship is sweeping the nation, providing money for all of the low-income students who earn less than the federal loans they have to take in order to stay in their full-time classes. In an age where the only thing more stressful than loan debt is applying for loans, the Life or Debt Scholarship is lifting the spirits of undergraduate students. No longer will students have to worry about the 3.8 to 100 percent increase in tuition rates.
The Life or Debt Scholarship has a very simple application process. Applicants send a written application with all of their financial aid information. Then, applicants send a picture of the two most expensive things their family owns. However, applicants planning on sending a picture of a house are better off sending a second picture of a bike. Homeowners with cars have no shot at getting the scholarship. In the past, a winner sent a picture of a slice of bread and a used candle the size of an iPod Nano. Once the pictures and financial aid information are sent, applicants must send a two minute long video explaining why they deserve the scholarship. If students are worried about the video quality, don’t fret. The scholarship administration does not expect anyone with an iPhone newer than the fourth generation to need the scholarship.
Chet Chamberlain, an undergraduate student who is a member of the student-centered Learning Institute for Every Student (LIES), said, “I love going to my university, but I can’t afford to pay for my education. The tuition is only getting higher,”
Chamberlain and over 1,000 other students no longer have to feel the weight of their school’s construction bills. The Life or Debt Scholarship will pay for everything. Students who are chosen to earn the scholarship will have a full ride for their college. Application submissions are now open on the federal website www.lifeordebtscholar.com.
Please be advised, schools that do not accept money from this scholarship include: private institutions, ivy league, public colleges, trade schools, international universities, pre-k, religious institutions, and after school karate programs. Students can expect any school that charges for education to not accept this scholarship.
