When it comes to achieving the American Dream, one group that’s come to epitomize it is Asian Americans. According to the U.S. Census, they have the second lowest poverty rate after non Hispanic whites and the highest educational attainment levels, median household income, and median personal income of any racial demographic in the nation.
Actually, in the U.S. the term is used to define anyone who traces their ancestry to the continent of Asia, and it’s the largest continent in the world. Its people come from countries as diverse as China (which actually has a number of other cultures inside its national borders, such as Hong Kong and Tibet), India (which as diverse as China), Viet Nam, Singapore and even Pakistan. Polynesians are also lumped into this group, even if places like Hawaii are thousands of miles away from Tokyo. For more informantion on federal pell grant, check the web.
According to the latest Census information (2009), the breakdown of Asian Americans are: Chinese (3.53 million), Filipinos (3.05 million), Indians (2.77 million), Vietnamese (1.64 million), Koreans (1.56 million), and Japanese (1.22 million). Other sizable groups are Cambodians/Khmers (206,000), Pakistanis (204,000), Laotians (198,000), Hmong (186,000), and Thais (150,000).
The overall national average of Americans who obtain Bachelors or higher is 27%. Asian Americans average 48%. That’s when things start to diversify. Nationality comes into play. For example, Indians have the highest graduation rate with just short of 68%. Chinese (of all ethnic groups) round out the middle with 50%. Laotians and Cambodians tie for the bottom at 5%.
What is universal is any Asian American should fill out their FASFA form and apply for a Pell grant. This is available for all Americans. Serious consideration should also be given to various scholarships, which tend to only look at grades and outside achievements, not what country one’s parents come from. Any good online college has financial aid officer can be of great service here. If you are looking for more information on grant online, you can research the internet.
Where an Asian American’s specific ethnicity really comes into play is through financial aid from private and corporate institutions. Asian Americans have set up many funds for their specific nationality. For instance, the Korean American Scholarship Fund awarded 59 scholarships in 2009 alone, in majors ranging from music to psychology. Their website, also includes a page with other such organizations offering more financial aid and grants. Not to be outdone, the Indian American Scholarship Fund awarded 25 one, two and four-year grants…just in the state of Georgia.
The best way to get this assistance is to make multiple copies of your FASFA application, grades, letters of recommendation (for scholarships) and/or your own and/or parent’s financial records (for grants). From there, go to the phone book or a site such as Google, type in your nationality of origins and then “college financial aid.” Skip anyone who wants to sell you a book listing all these groups, you already have an even bigger list, and it didn’t cost you anything, either.
From there, start applying for free scholarships and grants. Don’t be surprised if you will have to do some sort of essay proving your qualifications, have to shake hands and play a little politics (community service is a good thing). Wash, rinse and repeat for each organization you go after. Then don’t be surprised if you get more than just the pell grants, either.