How to Maintain Your Financial Aid

Some of the hottest jobs of the future may be in the nanotechnology industry. For community college students who dream big, the key to a bright future may be thinking small – very small.

The National Nanotechnology Initiative defines nanotechnology as “the understanding and control of matter at dimensions between approximately 1 and 100 nanometers where unique phenomena enable novel applications.” A nanometer is one-billionth of a meter. According to the NNI, nanotechnology involves “imaging, measuring, modeling, and manipulating matter” at these tiny scales.

Students who earn associate’s degrees in nanotechnology are prepared to work in research, production, marketing, and business environments where knowledge of nanoscience is needed.

The Nanotechnology Job Market

Nanotechnicians work in various fields, including biomedicine, biotechnology, agriculture production, and environmental analysis. . The website for Minnesota State Community College and Technical College’s Nanotechnology program quotes Jack Uldrich and Deb Newberry, the authors of the book The Next Big Thing Is Small. According to these experts, “The market for nanotechnology in the United States was rapidly growing and projected to reach $1 trillion by 2010. Growth over this period is expected to produce between 800,000 and two million new technical jobs.”

The National Nanotechnology Initiative reports that in the United States, federal funding for nanotechnology has increased “from approximately $464 million in 2001 to nearly $1.5 billion for the 2009 fiscal year.”

This video explains what nanotechnology is.

While students enrolled in community colleges across the country in record numbers, these same campuses are simultaneously facing drastically reduced budgets. Because community colleges receive a large portion of their funds from the state, community colleges in states that are experiencing budget crises are hard hit financially. From California to Maryland, two-year institutions are skating on thin ice financially, and the students are feeling the toll of their states’ budget crises.

This video reports on what to expect with budget cuts.

California: Students Paying More as Community Colleges Deal with Overcrowding

In July 2009, California governor Arnold Schwarzenegger cut funding to the state’s community colleges by $812 million, writes Dean Murakami in Perspective, the quarterly publication of the Community College Council of the California Federation of Teachers.

Unfortunately, the situation gets worse. Over $1 billion of the budget for January to June 2010 is being deferred until July 2010, the next fiscal year. Murakami writes that this deferral means that many districts will struggle to pay their employees and meet other institutional costs. Additionally, the Community College Council is concerned that the deferred money may end up being cut in order to balance the 2010-2011 budget.

Students at California’s community colleges are feeling the direct results of this budget crisis. Student fees have increased to $26 per unit, and classes and programs are being cut as community colleges scramble to

While financial aid, scholarships, and student loans are the most common ways to finance higher education, new savings-matching programs are helping more students attend community college. Imagine each dollar you save matched by a free dollar that you can use towards your college tuition!

Savings matching programs help low and middle-income students pay for college by matching the money that participants put in a college savings account. For example, the state of Virginia’s Department of Housing and Community Development runs a savings matching program called New Visions, New Ventures, which will match $2 for every $1 that eligible low-income participants deposit in a savings account. The program will provide up to $4,000 in matching dollars to participants. Participants must use the money to pay tuition, buy a first house, or start a business.

How Savers Can Benefit Even More through Philanthropy Websites

Recently, savings matching programs have begun partnering with philanthropic websites to increase the savings power of their participants even further. One such pioneering website is SaveTogether.com. At SaveTogether, individual donors can read the stories of low and middle-income individuals who are participating in savings matching programs and working towards savings goals that involve post-secondary education.

Individual donors choose individual savers to “match,” and donations made by individuals through SaveTogether are tax deductible.

How the Program Works

By working with a variety of programs that sponsor savings-matching efforts for community college tuition, SaveTogether furthers the power of these programs.

Profiles on SaveTogether Allow

Although women were at one time excluded from many institutions of secondary education, in recent years, they have established themselves as a majority presence on two-year and four-year college campuses. According to a December 2009 Washington Post report, women make up 60% of higher education students nationwide, primarily because men are more likely to drop out of school, join the military, or go to prison.

However, the tide may be beginning to shift at community colleges, where male enrollment has been on the increase. Inside Higher Ed reports that for the first time in years, community colleges have experienced enrollment of male students either equal to or above their enrollment of female students.

A Spike in Male Students

Randolph Community College, in North Carolina, experienced an increase of 68% in first-time full-time male enrollment from Fall 2008 to Fall 2009, bringing the current male population at the community college up to 37%. Meanwhile, in Washington State, Lower Columbia College noted that full-time male student enrollment was 36% higher in Fall 2009 than it had been in Fall 2008.

This video offers ten tips on how to succeed in college.

Inside Higher Ed reports that Kent Phillipe, the director of research at the American Association of Community College, notes that the group’s recent studies show that the number of male students at community colleges has grown