College degree seekers of varying backgrounds can receive financial assistance from MassMutual

College degree seekers of varying backgrounds can receive financial assistance from MassMutual
College degree seekers of varying backgrounds can receive financial assistance from MassMutual

Many individuals are wary about going back to school because they fear they will not be able to cover the numerous costs of higher education. However, these prospective students may want to look into various financial aid options before they decide to abandon their learning goals.

Several private organizations and companies, such as Massachusetts Mutual Life Insurance Company (MassMutual), offer financial assistance to high-achieving students. The business recently opened the application process for its MassMutual Scholars Program, which will disburse $135,000 in aid to degree seekers this year.

These packages are intended to benefit students who are of African-American, Asian/Pacific Islander or Hispanic backgrounds. Applicants are required to be entering their sophomore, junior or senior year at an accredited university, or be enrolled in a community college program.

Candidates do not need to pursuing any particular major to qualify, but individuals who express an interest in launching a career in the insurance and financial services industry will be given preference during the review process.

According to the Bureau of Labor Statistics, more than 29,000 jobs for securities, commodities and financial services sales agents are expected to be created over the next seven years.

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