As of the year 2010, the Hispanic community of America has increased to close to 50 million people and now accounts for approximately roughly 17% of the United States population and is eligible for Hispanic minority business grants. Having increased by an overwhelming rate of 30% between the years of 2000 and 2007, Latinos and Hispanics now represent the largest minority in America eligible for Hispanic minority grants and scholarships. This number is quite noteworthy, particularly taking into account that the growth rate for the rest of the United States during this time period was only 7.2%.
The government defines a minority as a publicly underserved population within a country or state that differs in race, religion or national origin from the dominant group and thus Hispanic minority grants are awarded accordingly. Hispanic minority grants and nation’s babies born between July 1st, 2008 and July 1st, 2009 was of Hispanic or Latino origin. This means an estimated 1.4 million Hispanics were added to the population of the United States during that year and became eligible for Hispanic minority grants and scholarships.
Hispanic Minority Grants and Scholarships
Hispanic minority grants and scholarships, Hispanic minority business grants, minority Latino College grants are readily accessible from both federal and private agencies and foundations. Hispanic minority grants for education come from various sources both governmental and private. Some only cover class cost; some minority educational grants cover only books some cover both and some funding awards will cover partial cost of living expenses. Hispanic and Latino scholarships are awarded by various private and corporate entities.
Hispanic Minority Business Grants
25-million Americans are either out of work or have stopped looking, or have only part time jobs but want full-time work. Hispanics have been hit appallingly hard, with an unemployment ratio higher than the national unemployment rate making minority Hispanic business grants more popular. Home values have dropped more than they did during the Great Depression and the Hispanic and Latino populations of the states of Florida and Texas has seen some of the nastiest of repercussions. National debt is almost as large as our entire economy, and we owe a huge chunk of it to China. These are but some reasons Hispanic minority business grants awards are on the rise.
Minority Hispanic and Latino College Grants
The Hispanic Scholarship Fund believes that the country prospers when all Americans have access to the opportunities a college education can afford. As the nation’s leading Hispanic private higher education fund, the Hispanic Scholarship Fund offers minority Latino college grants and works to address the barriers that keep many Latinos from earning a college or technical degree.
Those seeking Hispanic minority grants and scholarships can also pursue school grants from the federal and state government agencies to help pay for school. These minority Hispanic grants vary from state to state and are awarded on the basis of financial need, academic performance status as a Hispanic minority, or a combination of these. The best way to find out about these minority Hispanic grants is to talk to a financial aid advisor at the school or your choice and check out what’s available to fit your specific circumstance!