There are ways to gain financial help with your studies. Higher education grants for universities and colleges serve the needs of low-income students to pursue education without financial crisis and shape their future in a better way. These range from student loans, official sponsors to grants, scholarships, university funding, bursaries, and many more.
In the United States, grants can be received from a range of government departments, universities, colleges, private or public trusts. The financial status of the student determines the grant eligibility. There is a major difference between a scholarship and grants is that scholarships are merit-based whereas grants tend to be need-based.
An unmanageable debt hinders the studies and the bright future of students. They may drop their education in the midst. Grants for universities lower the dropout rates, help students to focus on studies rather than jobs, and students can make use of the university funding, and plan their future success. As higher education is one of the important investments for a career, gaining financial aid will be a lifetime help for budding professionals.
To help them with their studies and make them learn employable skills, there are federal agencies, private foundations, research, technology, innovation, associations, and projects. To mention a few of the common grants in the US, they are Federal Pell Grant, Federal Supplemental Educational Opportunity Grant, The Teacher Education Assistance for College and Higher Education, Institutional Grants, Private and Employer Grants, and State grants.
Data science is one emerging field where universities are introducing the subject at graduation level itself. Many graduates and professionals are showing interest to learn data science and tend to see their futuristic careers in data science. However, they step back for want of funds. But, now, we find many data science funds programs in support of educational initiatives. Get introduced to one of the most popular data science funds programs here.
World Data Science Initiative (WDSI)
The World Data Science Initiative (WDSI) is one of its kind where it is determined to build 250,000 future-ready data science professionals by the year 2022. It shares subsidies for the universities such as Private Universities, Public Universities, Data Science Education Consortia, and Funded Data Science education projects.
The funds help the institutions and universities to grant financial aid for students and enable them to get accredited with the advanced vendor-neutral data science standards in the world. WDSI grants work like this:
- It is a unique funding initiative for candidates to pursue data science programs with subsidies
- The benefits are rolled out directly to accredited bodies upon scrutiny through the committee.
- The institutions further configure the subsidy internally in the fee structure for the participating or students.
- It covers the huge costs involved in the selection and procurement of advanced teaching-learning platforms. It includes printed guides, digital libraries, laboratories, and certifications as well.
- These platforms are bound to uplift the professionals’ career and learning curve through vendor-neutral programs.
Apart from these, there are several other funding initiatives in general that support conferences, travel allowance for underrepresented minorities, open-source software projects, and so forth.
In a nutshell…
This data science funds program initiated by WDSI will make data science courses more affordable to students and professionals in the under-developed nations. The talent targets for these unique programs data analysts, data technologists, data scientists, data architects, business analytics professionals, business intelligence professionals, and experts across 14 global regions.
Pursuing a certification program helps the individual in becoming a more employable candidate in the evolving and competitive market and ushers them for uplifting careers. These grants ensure to close the financial gap to a greater extent and contribute more professionals to the industry.