Education loan : Find Financial Aid Funding for Apprenticeship Programs

1. Education loan

2. Find Financial Aid Funding for Apprenticeship Programs

3. As higher education and federal financial aid policy continues to mature, discussions are starting to focus around whether the traditional, classroom-focused model is really the most effective and financially viable option for higher education. • In addition to newer delivery methods such as online degree programs, old school apprenticeships are starting to come back into vogue among policymakers​ and students.

4. Apprenticing is invaluable to students pursuing certain careers because they allow students to learn by doing. • If you want to become a firefighter or an architect, book learning and lectures are only going to teach you the theory of the craft. • And you don't want to live in a house designed by someone who’s only ever read about home design and construction. • The idea of earning while you’re learning is not a new one by any means. • Aristotle once said, "For the things we have to learn before we can do them, we learn by doing them."

5. The concept has, however, fallen under the radar in the past 50 years while our country has been encouraging its citizens to attain a higher education. • Now, the goal is to ensure that whatever form of education a student wants to pursue, the access and affordability are there.​ • The perceived roadblock for students looking for apprenticeships is financing. • While most are aware that there’s financial aid available for traditional degree programs, many don’t realize that there are options for apprenticeships as well.

6. Traditional Financial Aid for Nontraditional Students • Recognizing the value of hands-on learning, the Obama administration has made efforts to double the number of apprenticeships over the next five years. One of the ways they’ve done this is to provide • guidance to colleges and universities to help them understand that, in many cases, traditional federal financial aid can also be used to provide funding for these types of programs.

7. Funding From Other Sources • In addition to federal and state financial aid, other funding sources are available for those pursuing a vocational Education loan. • In fact, some scholarship and grant programs are only available to vocational students. The Manufacturers Association of Maine, for example, offers scholarships to those students pursuing a career in manufacturing or related trades.

8. How to Find Options • The U.S. Department of Labor has a great search engine dedicated specifically to available vocational training opportunities. Your local community or vocational college will also be a good resource. Many colleges offer what they call co-op programs​ where the students work in their field part time while taking classes. • Source : http://bit.ly/1Nrju5z

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