Cancer can be a financial drain—no matter the age of the patient. When a young person is facing cancer, his or her financial future may especially be impacted, as younger patients are less likely than older people to have savings or to even have insurance. Many young people battling cancer may even decide to change education plans because of fears over finances; however, thankfully, there are many scholarships for students with cancer that can enable them to continue to seek higher education all while getting back on the path to good health.
Nearly all college-bound individuals seek financial support, as education costs continue to skyrocket—and, as costs for cancer rise just as quickly, that has paved the way for scholarships for students with cancer. Scholarship eligibility varies, but most require the student to submit medical documentation of a past or current diagnosis, and some may also take income and other factors into account.
If you’re looking for scholarships for students with cancer, here are two good places to start:
Cancer for College
This national organization has provided more than $3.5 million in scholarships to nearly 1,400 cancer survivors, including $500,000 last year alone. It offers one-time scholarships of up to $5,000 to college, community college and graduate students. Applications are accepted Nov. 1-Jan. 31 every year, and students can also opt to apply for 10 specialized scholarships, which focus on certain geographic areas, college majors and schools.
National Collegiate Cancer Foundation
Every March, NCCF begins accepting applications for two separate scholarship programs, each of which provide $1,000 awards. The Survivor Scholarship Program is for students ages 18-35 who are pursuing an associate’s, bachelor’s, master’s or doctorate degree, or a certificate. Applicants will be evaluated on an essay, financial need, recommendations and his or her overall commitment to education in the face of a cancer experience. The Legacy Scholarship Program provides assistance to those who have lost a parent or guardian to cancer; the same criteria apply, and applicants must also demonstrate notable accomplishments despite the loss.
There are resources out there, so take the time to find help to fund your education even if you’ve battled cancer or are currently in the thick of it.
Deferment for Active Cancer Treatment Act
Are you currently paying back student loans while undergoing chemotherapy or other treatment? The Deferment for Active Cancer Treatment Act could help you balance student loan debt, cancer costs, and help you get your financial health in order.
Can a Living Benefit Loan Help You?
The Life Benefit Loan Program dispenses up to 50 percent of a person’s death benefit if you have at least $75,000 of life insurance coverage. Life Credit has helped many facing cancer or another serious medical condition access their investment and receive a loan to pay for treatment, bills, and much more. Learn more about the loan process and how to qualify for a Living Benefit Loan! Call us at 888-274-1777 or contact us online today.