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Everything you need to know about going to an Ivy League school.

Published on February 27, 2023

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Everything you need to know about going to an Ivy League school.

Introduction

So you’ve come to a crossroads. You’ve achieved good results during your primary education, and now you need to choose the next step. What college do you want to go to? Well, it depends on what you’d like to pursue, and what you are passionate about. But one thing that stands in the way of many people going to their dream college is money. Do you want to attend an Ivy League college, but can’t afford the fees? Here we’ll take you through the steps of not just applying, but how and where to search for help to make your dreams a reality.

Go through all of the following pointers, and you can make an informed decision about your future. Remember, sometimes the hardest journeys lead to the best destinations.

The difference between financial aid and scholarships

Financial aid is a term that refers to a range of financial assistance that is available to help students pay for their education. This can include a variety of sources, such as grants, loans, work-study programs, and need-based aid. Financial aid is typically provided by the government, colleges, and universities, or private organizations. Financial aid is often awarded based on a student’s financial need, as determined by their family’s income and other factors.

Scholarships, on the other hand, are a type of financial aid that is typically awarded based on merit or other criteria, such as academic achievement, athletic ability, or a particular skill or talent. Scholarships are usually provided by colleges and universities, private organizations, and businesses. Unlike loans, scholarships do not need to be repaid, making them a valuable resource for students who need financial assistance.

In summary, financial aid refers to a range of financial assistance that is available to help students pay for their education, while scholarships are a type of financial aid that is awarded based on merit or other criteria and does not need to be repaid.

Different avenues of aid for foreign students in the USA

There are various forms of financial aid available to foreign students in the United States, though the options and eligibility criteria can vary depending on the individual student’s circumstances. Here are a few common sources of financial aid for international students in the US:

1. Merit-based scholarships: Many American colleges and universities offer merit-based scholarships to international students. These scholarships are typically awarded based on academic achievement, test scores, or other factors, and can cover a significant portion of the cost of tuition.

2. Need-based scholarships: Some American colleges and universities also offer need-based scholarships to international students. These scholarships are awarded based on a student’s demonstrated financial need and can cover tuition, fees, and living expenses.

3. Institutional aid: Some American colleges and universities offer their own financial aid programs specifically for international students, which may include scholarships, grants, and other forms of financial assistance.

4. Private scholarships: There are also many private organizations that offer scholarships and other forms of financial aid to international students who wish to study in the US. These organizations may be based in the US or in the student’s home country.

5. Loans: International students in the US may also be eligible for private loans, though these can be difficult to obtain without a US-based co-signer.

6. Work-study programs: Some American colleges and universities offer work-study programs that allow international students to work part-time on campus in exchange for financial aid.

It’s important to note that international students in the US may face additional financial challenges, such as higher tuition costs and limited employment opportunities, compared to their domestic peers. Students should carefully research and consider their financial options before applying to American colleges and universities.

Why go to an Ivy league?

There are several potential reasons why someone might choose to attend an Ivy League school. Here are a few possible reasons:

1. Prestige: Ivy League schools are widely regarded as some of the most prestigious and selective institutions in the world. Attending one of these schools can be a signal to potential employers or graduate schools that the student is among the best and brightest in their field.
2. Academic excellence: The Ivy League schools are known for their rigorous academic programs and world-class faculty. Students at these institutions often have access to cutting-edge research and educational resources, as well as the opportunity to work with and learn from some of the top minds in their field.

3. Networking opportunities: The Ivy League schools have a strong and influential alumni network, which can be a valuable resource for students as they begin their careers. Alumni from these institutions often hold leadership positions in a wide range of fields and may be more likely to offer job opportunities or mentorship to fellow graduates.
4. Financial resources: Many Ivy League schools have significant financial resources, which can be used to provide financial aid, research opportunities, and other forms of support to students. Students at these institutions may have access to a range of funding opportunities, both during their studies and after graduation.
5. Social and cultural experiences: Ivy League schools often have a rich history and unique campus culture, which can be appealing to some students. Attending one of these schools can provide an opportunity to engage with a diverse group of peers and participate in a wide range of extracurricular activities, from sports to music to politics.

Of course, it’s worth noting that attending an Ivy League school is not the right choice for everyone, and there are many excellent colleges and universities across the US and around the world. Students should carefully consider their own goals, interests, and needs before deciding where to apply and ultimately attend.

Which are the Ivy League colleges?

The Ivy League is a group of eight prestigious private colleges and universities in the northeastern United States. The eight Ivy League schools are:

  1. Brown University in Providence, Rhode Island
  2. Columbia University in New York City, New York
  3. Cornell University in Ithaca, New York
  4. Dartmouth College in Hanover, New Hampshire
  5. Harvard University in Cambridge, Massachusetts
  6. University of Pennsylvania in Philadelphia, Pennsylvania
  7. Princeton University in Princeton, New Jersey
  8. Yale University in New Haven, Connecticut

These schools are known for their high academic standards, rigorous programs, and strong research focus, as well as their historic traditions and competitive athletics programs. Each school has its own unique culture and academic strengths, and students often apply to multiple Ivy League schools in order to find the best fit for their interests and goals.

How expensive is it to go to an Ivy League college?

Attending an Ivy League school can be quite expensive, but the actual cost can vary depending on a number of factors, including the specific institution, the student’s financial need, and the amount of financial aid or scholarships that are available.

According to data from the College Board, the average annual cost of attendance at an Ivy League school for the 2021-2022 academic year was around $77,000 for tuition, fees, room and board, books, and other expenses. This is significantly higher than the average cost of attendance at other public or private colleges and universities in the US.

However, many Ivy League schools have generous financial aid programs that can help to offset these costs for students with financial needs. For example, Harvard University, one of the most expensive Ivy League schools, states that families with incomes under $65,000 are not expected to contribute to the cost of attendance at all, and those with incomes between $65,000 and $150,000 are expected to contribute on a sliding scale. Other Ivy League schools have similar financial aid policies.

It’s also worth noting that many students at Ivy League schools receive merit-based scholarships, which can help to reduce the overall cost of attendance. However, these scholarships are often highly competitive and may only be available to a small percentage of applicants.

Overall, the cost of attending an Ivy League school can be high, but many students find that the academic and career opportunities they gain from attending these institutions are well worth the investment. It’s important for students to carefully research their options and consider their own financial circumstances before deciding where to apply and ultimately attend.

How to apply to an Ivy League School

Applying to an Ivy League school is a competitive and complex process that requires careful planning and preparation. Here are some general steps to follow:

  1. Research the schools: Start by researching the Ivy League schools and learning about their admission requirements, deadlines, and application procedures. You can find this information on the schools’ websites, or through the Common Application, which is a standardized college application that is accepted by all Ivy League schools.
  2. Prepare for standardized tests: Ivy League schools typically require students to take the SAT or ACT, and may also require additional tests such as SAT Subject Tests or AP exams. You should prepare for these tests well in advance and take them as early as possible.
  3. Maintain strong grades and extracurricular activities: Ivy League schools look for students who have excelled academically and demonstrated leadership and involvement in extracurricular activities.
  4. Write a strong application essay: The application essay is a critical part of the Ivy League application process. You should take the time to write a thoughtful and well-crafted essay that highlights your strengths and demonstrates why you are a good fit for the school.
  5. Obtain strong letters of recommendation: Ivy League schools typically require at least two letters of recommendation from teachers or other adults who know you well. You should choose people who can speak to your academic abilities, personal qualities, and potential for success in college.
  6. Submit your application: Finally, you will need to submit your application by the deadline, which is usually in the fall of your senior year of high school. Be sure to carefully follow the application instructions and submit all required materials, including transcripts, test scores, and application fees.

Keep in mind that applying to an Ivy League school is a highly competitive process, and acceptance is not guaranteed. However, with careful planning and preparation, you can increase your chances of success.

Ivy League schools are known for their high academic standards, and admission is highly competitive. While each Ivy League school has its own specific admission criteria and process, there are some general factors that are typically considered in the admissions process, including:

Common criteria to get into an Ivy League school

  1. Academic achievement: Ivy League schools expect students to have achieved excellent grades in challenging courses. This typically includes a strong grade point average (GPA), as well as high scores on standardized tests such as the SAT or ACT.
  2. Extracurricular activities: Ivy League schools look for students who have demonstrated leadership, initiative, and involvement in extracurricular activities such as athletics, music, community service, or clubs.
  3. Recommendations: Ivy League schools typically require students to submit at least two letters of recommendation from teachers or other adults who can speak to the student’s academic abilities, personal qualities, and potential for success in college.
  4. Essays: Ivy League schools typically require students to write essays as part of the application process. These essays provide an opportunity for students to demonstrate their writing skills, creativity, and personality.
  5. Interview: Some Ivy League schools may require or offer interviews as part of the application process. This provides an opportunity for the school to get to know the student better and for the student to ask questions about the school.

It’s important to note that while these factors are important, admission to Ivy League schools is highly competitive and each school has its own unique admissions process. Meeting these criteria does not guarantee admission, and other factors may also be considered, such as legacy status, geographic diversity, or athletic ability.

Stats for financial aid in the USA

According to data from the National Center for Education Statistics (NCES), in the academic year 2018-2019, 85 percent of first-time, full-time undergraduate students in the United States received some form of financial aid. The most common form of financial aid was federal grants, awarded to 47 percent of all undergraduate students. In addition, 34 percent of undergraduate students received federal loans, and 14 percent received state or institutional grants.

The average amount of financial aid received by undergraduate students in the 2018-2019 academic year was $14,790. This included an average of $8,250 in grants and scholarships, $4,220 in federal loans, and $2,320 in other types of aid.

It’s worth noting that the amount and type of financial aid a student receives can vary depending on a number of factors, including their financial need, academic performance, and the policies of their school and state. In addition, financial aid availability can change from year to year and may be impacted by factors such as changes in federal or state funding.

In conclusion…

Anyone can apply to the college of their dreams with a good record, ambition, and the right help. Now with all of this knowledge, move forward knowing that your dream school may be well within reach. Good luck! And for those who don’t make it, these colleges are not the only avenue to success. Search for your next step, or try again next year.

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Is Gaming Addiction Real?

Published on February 23, 2023

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Is Gaming Addiction Real?

Introduction

In recent years, there has been an ongoing debate regarding whether gaming addiction is a real phenomenon or just a fabricated concept. However, many high school students around the world have found themselves hooked on gaming, leading to negative effects on their social, academic, and mental health. This essay will explore the reality of gaming addiction in high school students, why it happens, and what measures can be taken to prevent addiction and help addicted students.

What is Gaming Addiction?

Firstly, it is essential to define what gaming addiction is. Gaming addiction is a behavioural addiction characterised by compulsive and excessive gaming that leads to negative consequences. Such negative consequences include social isolation, academic decline, sleep deprivation, and mental health issues such as depression and anxiety. According to the World Health Organisation, “gaming disorder is a disorder in which an individual gives increasing priority to gaming over other interests and daily activities and continues gaming despite negative consequences.”

Why do students get addicted to gaming?

Gaming addiction is prevalent in high school students for various reasons. For instance, gaming provides an escape from daily life’s pressures, such as academic work and social relationships, which can be overwhelming for many students. Additionally, the development of online multiplayer games has made gaming more social and fostered a sense of community for many players. Students who may feel left out in their daily lives can find a sense of belonging in the gaming community.

Moreover, high school students are at a stage of life when they are searching for their identity and sense of self. Gaming can be an avenue for students to explore different personalities and identities that they may not feel comfortable expressing in real life. Additionally, students can explore different worlds and cultures through gaming, leading to a sense of adventure and exploration.

Furthermore, the increasing use of technology has made gaming more accessible to high school students. The rise of mobile gaming has made gaming possible anytime, anywhere, leading to students playing games even during class time or study sessions. The easy accessibility of games makes it easier for students to become addicted to gaming.

How to prevent addiction?

The effects of gaming addiction on high school students are detrimental, and it is essential to prevent addiction and help those who are already addicted. One way to prevent gaming addiction is by setting limits and boundaries. Parents and teachers can set rules and guidelines for gaming and technology use, such as limiting the amount of time spent gaming or restricting gaming during certain times of the day. Additionally, students can be encouraged to engage in other activities such as sports, reading, or other hobbies, to help them find a healthy balance between gaming and other interests.

Moreover, it is essential to educate high school students on the potential negative consequences of excessive gaming. Many students are unaware of the potential negative effects of gaming and may not realise that they are developing an addiction until it is too late. Educating students on the potential risks of gaming can help them make more informed decisions about their gaming habits.

Rehabilitation and Support

In addition to prevention, it is essential to provide help to those who are already addicted to gaming. One way to help addicted students is to seek professional help. Mental health professionals can provide therapy and counselling to help students overcome their addiction and address underlying mental health issues that may be contributing to their addiction.

Furthermore, support groups and peer counselling can also be helpful for students struggling with gaming addiction. Support groups provide a sense of community and understanding for students struggling with addiction. Peer counselling, on the other hand, can be an avenue for students to discuss their experiences and challenges with peers who may have gone through similar experiences.

Lastly, it is essential to recognise that gaming addiction is a complex issue that requires a multidisciplinary approach. Parents, teachers, mental health professionals, and students themselves all play a role in preventing and helping with gaming addiction. It is essential to work together to find effective solutions that address the unique needs and challenges of each individual student.

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10 Elements for the perfect Harvard Application Essay

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10 Elements for the perfect Harvard Application Essay

10 tips to write a better Harvard Essay

First impressions are important. And how often do you get a chance to write a thousand words to perfectly embody who you are? When you are applying to one of the world’s most prestigious universities, you need to stand out from the rest of the pack. From the stacks of essays they receive, what will make the words jump off the pages that contain yours? How will you convince them that you deserve a shot?

Well, we’ve compiled a list of tips that will help you get started when you’re first putting pen to paper (or fingertip to keyboard).

1. Authenticity gets you far

Choose topics, themes, and points of view that truly reflect your own. This will help you take a more honest and passionate approach when writing, which will be evident to the reader. Skip the big words and the jargon if that’s not who you are. Tap into your unique humour, intelligence, and natural way of speaking.

2. Get them hooked from the beginning

You’ll be competing with thousands of other essays, so getting the reader interested from the first paragraph will help your case. Seize their imagination in the first paragraph. Start with a statement that will get the reader scratching their heads. As many action movie directors would have proved, it’s better to drop the audience into a loud and fast scene and get to explanations later.

3. Dive into deeper and more meaningful themes

What makes you tick? What are the pivotal moments in your life that have led you to write this essay today? Committees are rarely impressed by dry numbers and stats but can be moved by an honest story. They want to see your drive and ability.

4. Showing is better than telling

Don’t just tell them you have dozens of awards, tell them your favourite one and the story of how you got it. The point is that you should use anecdotes and storytelling to showcase your accomplishments rather than just stating them outright.

5. Go against the strain

It’s difficult to be different if you try. The best you can do is look at it from your unique perspective. Don’t say what you think they want to hear, but the truest version of your story that they NEED to hear

6. Think about who’s gonna be reading, then write

Keep it smooth and easy to read. Use transitions between paragraphs and build sound arguments from start to finish. Knowing who you’re writing to, will help you answer the questions they may ask while reading the essay, and include the answer.

7. One draft is never enough

Start the process as early as possible. If you have multiple months in hand, use them all. Write your first draft, and set it aside. Come back to it a week later and see if your perspective has changed. The first and the final draft are very rarely the same.

8. Read it out loud

When you read it out loud, you often hear clunky and badly formed sentences that you can improve. After multiple drafts, it can be easy for things to get overseen.

9. Ask others to read your essay

Be open to criticism. You don’t have to show everybody, just the people whose opinion you would like on the matter. Criticism does not come from a place of malice but is in your own self-interest. Take notes, and consider how you may be able to adapt the content according to the feedback. Check with your parents, siblings, teachers, or close friends.

10. It’s about quality, not quantity.

Though there may not be a strict word limit, keeping things concise and impactful will work better than having the reader lose interest midway. Check if your font is readable and do multiple spell checks.

Are you looking for the perfect course to give you that extra edge over your competitors? We got you covered.

The Harvard Youth Leadership Conference, conducted by Harvard Mentors trained by the Leadership Institute at Harvard, develops high school kids like you into self-assured collaborators, communicators, and problem-solvers who will address global concerns and drive change for the future.

Over the course of the five days, students collaborate in mentor-led groups to comprehend a global issue—whether it be poverty, mental health issues, or climate change to create a social change project and address it. After completing the program, participants have the option of receiving mentorship for a full year to carry out their project.

The program is distinctive in that our mentors are current Harvard University students who have gained priceless experience and knowledge at a young age and know what it means to create social impact.

We really hope you get that admission and can be the 4% of applicants that actually make it to your dream school Harvard!

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blog Innovation Trending | 8min Read

Digital Tools and Education: A Modern Love Story

Published on February 13, 2023

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Digital Tools and Education: A Modern Love Story

Introduction

Researching for school projects was always, always a fun task to do. The nature of school projects in our early grades was usually arts and crafts. It would involve a couple of runs to the stationary store to buy cutouts of famous political leaders or birds, or countries and flags too! And then the whole family would collect together to stick them on chart paper and make one great collage of it all. And we, as children, would proudly roll it up, put an elastic band on it and carry it with us on our school bus. And before the project was due, we would exchange notes on who did a better job with all our fellow students.

As we got older, research projects got harder. We had to use four or five different kinds of books to pick out information that we thought best suited the point we were arguing about. We took the books from school libraries and would pour over them, till we found what we needed. It was a different kind of thrill, making our arguments from books.

Somewhere along the way, we built the Internet. And Google. And then research for our papers became a breeze. A simple search on Google gave us 1000s of articles to read from. And in a couple of years, we knew which websites gave us the best information, so we would make all our arguments from those. And with this, more students were submitting similar research papers or assignments.

Being a student in today’s world is a little more complex – yes, we have super-speed Internet, and we have tons of research papers available at our fingertips, but we also have AI. So, how are Digital Tools and Artificial Intelligence going to change the game of education? Will it change forever? Or will it be an academic’s downfall? Read on to find out!

Digital tools have already changed education in several ways and will continue to do so in the future. We leave the ‘for better or worse’ argument for you to conclude at the end of this blog.

Accessibility

For starters, digital tools have made education in general, way more accessible to the modern world, and to a wide range of students. All one needs to do is to have access to a smart device, and a decent internet connection. And there is no dearth of that, for any price range. With the widespread availability of the internet, students can now access educational resources and courses from anywhere in the world. This opens up opportunities for students who might not have been able to pursue higher education or otherwise gain knowledge and skills.

Digital tools such as smartphones and tablets have made it possible for students to learn on the go. This means that students can study and complete coursework from anywhere, at any time, as long as they have an internet connection. Digital tools also enable teachers to personalize learning for individual students, taking into account their strengths and weaknesses. This helps students learn at their own pace and ensures that they receive the support they need to succeed.

And for differently-abled students, digital tools often include accessibility features, such as screen readers and closed captioning, that make learning more accessible in today’s world, compared to before. Online learning and open-source educational resources can help to reduce the cost of education. This is especially important for students who might not be able to afford the cost of traditional education.

Digital tools have made education more accessible by providing students with more opportunities to learn, regardless of their location or financial situation. This has the potential to greatly improve educational outcomes for students and create a more equitable educational system.

An individualized approach to learning

Digital tools have made learning highly personalized and tailor-made for every student. You learn at your pace, with your strengths and weaknesses.

Digital tools allow teachers to track student progress and performance, providing them with real-time data to inform their teaching. This data can be used to personalize learning experiences for individual students, taking into account their strengths and weaknesses. AI algorithms can analyze a student’s performance data to identify areas for improvement and recommend personalized study materials. This helps students focus on the topics they need to work on the most, making their learning experience more effective. Hence, making digital tools a medium to create learning experiences that adapt to each student’s abilities and pace. This means that students can progress at their own pace, without being held back by the pace of the class.

And of course, it allows a teacher or professor to make customized content for every student. Digital tools make it easy for teachers to create customized learning experiences for individual students. For example, teachers can use online learning platforms to create tailored lessons and assessments for each student.

And lastly, digital tools make learning more interactive and engaging through gamification. Teachers can incorporate games and other interactive elements into their lessons to make learning more fun and motivate students to learn.

Collaboration

We use our smartphones for nearly everything! From instant messaging to social media to research and coursework. But what we don’t often realize is the power of digital tools for collaboration with education.

Digital tools such as email, instant messaging, and video conferencing make it easy for students to communicate and collaborate with each other and with their teachers from anywhere in the world. Social media platforms such as Facebook, Twitter, and LinkedIn provide students with opportunities to collaborate and network with their peers and with professionals in their field. Online forums and project management tools enable students to collaborate on projects and assignments in real time, regardless of their location. These tools help students stay organized and on track with their work, improving their ability to work together effectively. VR and AR technologies are rapidly changing the way students learn and collaborate. For example, VR can create virtual learning environments where students from different locations can work together in real time.

This leads to more productive and engaging learning experiences, which can improve experiential and exponential educational outcomes.

Blended Learning

Just like Work From Home, educators across the globe are choosing to be flexible about learning when students want to learn, and where they want to learn. An experience that was available to students way before COVID-19. Digital tools provide students with more flexibility to learn at their own time and pace. This means that students can choose to attend traditional classroom-based classes or complete coursework online, according to their schedule and preferences. With the personalization of education through digital tools, blended learning helps to ensure that students receive the support they need to succeed. Real-time data on students’ performances allows educators to track a student’s progress, even with blended learning. Digital tools provide students with access to a wealth of online resources, including video tutorials, interactive simulations, and e-books. This enables students to learn at their own pace and receive support when they need it.

Gamification

The best part about using digital tools for education is the experiential gamification that it allows a student to engage with. Digital tools make it easier for teachers to create games and other interactive learning experiences that engage students and keep them motivated. This makes learning more fun and helps students to stay focused and interested. It enables teachers to create games and other learning experiences that are tailored to the individual needs and abilities of each student. This makes learning more effective and helps students to progress at their own pace. Digital games and other learning experiences often provide students with real-time feedback on their performance, helping them to track their progress and identify areas for improvement. It makes it easy for students to collaborate and play games, regardless of location. This helps to build teamwork and communication skills, which are important for success in the workforce.

Overall, digital tools have made gamification in education better by enabling teachers to create more engaging and personalized learning experiences for students. This leads to a more effective and enjoyable learning experience.

Immersive Learning

VR and AR allow students to immerse themselves in virtual environments and experience learning in a whole new way. This makes learning more engaging and memorable. It is now possible for students to visit remote locations and experience learning in environments that would otherwise be inaccessible. This provides students with a deeper understanding of the world around them. Studies have shown that students who use VR and AR technologies are more likely to retain information and recall it more accurately than students who do not. VR and AR technologies enable students to collaborate and work together in virtual environments, regardless of their location. This helps to build teamwork and communication skills, which are important for success in the workforce.

With VR, students can experience virtual field trips to places they may not be able to visit in person. AR can enhance textbook learning by adding interactive elements to static pages.

Artificial Intelligence

AI-powered digital tools can analyze data on student performance and make recommendations for personalized learning paths based on individual needs and abilities. This helps to ensure that students receive the support they need to succeed. It can also provide instant feedback to students on their work, freeing up teachers to focus on more important tasks. This leads to a more efficient and effective learning experience. AI-powered digital tools can analyze student data and predict outcomes, allowing teachers to intervene early and provide support wherever needed. This helps to ensure that students are on track for success. It can be used to create educational content, freeing up teachers to focus on more important tasks. This leads to a more efficient and effective learning experience.

AI-powered digital tools can make learning more accessible for students with disabilities or learning difficulties by providing audio, visual, and text-based support.

In conclusion, digital tools are transforming education by making it more accessible, personalized, collaborative, interactive, and innovative. As technology continues to advance, we will see even more changes in the future. The challenge will be to ensure that these digital tools are used effectively to support student learning and provide equitable educational opportunities for all students.

How can parents, educators and students use digital tools better for education?

Yes, it’s true. While digital tools can greatly change the game of education, they also have the potential for great misuse. By establishing clear goals and outcomes, educators, parents, and students can work together to use the available digital tools for the desired outcomes. And of course, with this kind of power comes responsibility. Educators, parents, and students should work together to establish clear guidelines for the responsible use of digital tools in education. This helps to ensure that the tools are used in a safe and appropriate manner.

Educators, parents, and students should receive training on how to use digital tools effectively for education. This helps to ensure that they are using the tools in the most efficient and effective manner possible.

Educators, parents, and students should use data to inform their decisions about the use of digital tools in education. This helps to ensure that the tools are being used in the most effective way possible. It’s important to stay up-to-date with the latest developments in digital tools and technologies. This helps to ensure that they are using the most effective and efficient tools possible.

Educators, parents, and students should collaborate and work together to ensure that digital tools are being used effectively for education. This helps to ensure that everyone is working towards the same goals and that the tools are being used in the most effective way possible.

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blog Harvard Trending | 2min Read

Financial Aid vs Scholarships

Published on February 9, 2023

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Financial Aid vs Scholarships

Introduction

Though the terms “scholarship” and “financial aid” very often are used interchangeably the main difference between the two is that “scholarship” as a term and as a phenomenon in the academic and educational industry is considered to be a component of “financial aid”. Thus “scholarship” is only a small portion of “financial aid”.

Other types of financial aid are “fellowships”, “grants”, “travel grants”, “studentships”, “loans”, “tuition fee waivers”, “study allowances”, etc, but the “scholarship” remains the most popular type of “financial aid”.

Financial Aid and Ivy League Colleges

“Our goal is to bring the most promising students to Harvard—period. We’ve created a financial aid program to help ensure that admitted students can afford their Harvard education. Our financial aid officers will work closely with your family to understand your financial situation, then create a comprehensive financial aid package that accounts for the full cost of attendance and determine need based on your family’s income, assets, and overall financial circumstances.”

– Harvard Admissions Office

“Princeton is attainable, accessible, and affordable. Our aid program is designed to encourage all qualified students — regardless of financial circumstances — to consider applying for admission to Princeton. . Princeton admission is need-blind — there is no disadvantage in the admission process for financial aid applicants. If offered admission, Princeton will meet 100% of your demonstrated financial need with grant aid.”

– Princeton Admissions Office

Financial aid to Ivy League schools is only based on financial need, not academics. So if you meet low-income criteria, then most of the Ivy League schools will meet the full financial need if accepted.

To conclude “Financial aid” in the context of education is a term to describe any type of financial assistance to students and researchers to cover necessary costs of education such as the tuition fee, living costs and accommodation costs. Financial aid may be of different types and depending on the type it may be as a gift or as a debt, that should be returned within a certain amount of years.

Scholarship is a division of financial aid and only describes financial assistance as a gift with no obligation to return the received money to the scholarship provider.

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