How Rich People Can Invest Back To The Community
We have heard about a lot of multi-millionaires around the world. We will look into a multi-millionaire, who reached that position by his own efforts and hard work .He is Bill Gates. He has started his career as a software programmer and reached the richest man in the world. He has made a mark in the society with his personality, vision and humanitarian tries done in American Society. We will look into one such cause, that is teaching for the underprivileged.
As per the understanding Bill gates had on the deprivation that is spreading on different ethnic groups, he has decided to help out the young generation of these groups to fight deprivation. According to him, learning is the only solution to remove neediness and differences among different groups. To support students from different ethnic groups to initiate and continue teaching, he has formed a organization called Bill and Melinda Gates charity. The vision of this charitable trust was to provide scholarships for students from low income families to continue education. For that they have formed a list of different scholarship schemes based on different courses.
The activities of the establishment varies according to the target. For historically black colleges, the organization provides payment according to their need.
Main advantage of scholar ships provided by the foundation is that it does not have too much practice to follow. The scholarships provided by the organizations include Gates Millennium Scholars Program, which is given to high scholarly students who are from unfortunate family.
Need is the main eligibility criteria for the scholarship. If a student scored low but has the strength to make good result, he/she becomes suitable for the scholarship. The current score will not become a barrier for giving the scholarship.
The charity provides scholarships to national who are not US citizens. But they should have a permanent residence license. The aim of the charity is to spread Information technology to each corner of the society.
The student scholarship is not aimed to completely relieve the students and their families from paying training price. The aim of providing scholarship is to support the families to reduce the burden of paying guidance fees of their students. The organization provides an average of $15000/ year to a graduate student. An undergraduate student will get an average of $7000/year only.
The students can get an on campus job or try to get any other scholarship in addition to the scholarship provided by Gate foundation. This will relieve them from the burden of student loan and can peacefully complete the course.
James B. Scholaris
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