The School Tool

There has been a lot of attention on Obama's scholarships for moms recently. After looking into it, here is what I found. The program isn't actually a whole new program. Rather it is an improvement to already existing grants and scholarships.

Here is a breakdown of the opportunities available not only to moms or single moms, but also to those who are low income. One of Obama's improvements was to increase the Federal Pell Grant from $4050 to $5100. The American Opportunity Credit, which is available starting with 2009 tax filing, modifies the already existing Hope tax credit. The new tax credit is available for the next two tax filing years. The credit is available to a more broad range of taxpayers and adds more items to the list of qualifying expenses. The maximum annual credit of $2500 per student will be available to many.

There are other resources that can be used to find scholarships for moms and single moms. When searching for these scholarships make sure to do your homework. Many sights will lead you in the wrong direction. Apply for scholarships that are offered by the government or backed by companies. They are a safer bet.

With the many misleading articles out there concerning Obama's scholarships for moms it is necessary to be discerning when searching for financial assistance. There are a lot of resources already out there. With the improvements that Obama has made and with diligence in research, many people will find that they can now afford secondary education.

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**Update** Did you know you can get a $10,000 scholarship for Moms just for registering? Apply right now for free: Scholarships for Moms