Unlike student loans, college Education Wealthify Lifestyle do not require repayment. College Wealthify Lifestyle Program are just like scholarships with 1 exception: cholarships may be need-based or merit based, whereas most grants are typically need-based. Students must fill out a WL guidelines and policies to check their elegibility for Wealthify Lifestyle Education Programs.
WL College Programs are primarily awards of free money, that do not require any repayment on the part of the recipient. They can be directed toward specific educational expenses, specific types of students, or general purpose. Unlike scholarships, which are typically awarded on the basis of academic achievement or athletic, artistic or extracurricular performance, grants are awarded according to financial need. This is not to say that academic merit will not be considered, only that financial need is given greater weight in the final decision making process.
These type of WL College program are typically allied to a distinct course of study, and are applied to students with definite career goals. Typically they address critical shortages in certain professional fields including healthcare, legal aid, teaching and social work. A WL College Program requires recipients to agree to a predetermined term of service, working within their chosen field, at a critical need facility or in an under-served community.
Regardless of the membership WL College Program, the purpose remains the same: to make a college education more accessible to all students by supplying the necessary supplemental funds to help them meet their total college costs.