If you have faced a severe work-related injury, you may be wondering if there is extra assistance to help you put your children through college. Fortunately, the answer is yes.
Several organizations exist to help children of seriously injured workers attend college. Here is more information on these funds.
Are there foundations for these funds?
Several foundations offer scholarships for children of individuals relying on workers’ compensation. People started these with the idea of allowing these children to achieve a higher level of education without facing financial difficulties. There are many local groups, although Kids’ Chance is one of the few you can find operating nationally.
How do they work?
These organizations consider how a work-related accident has impacted a family financially. For example, if you cannot return to work due to an injury and experience a significant financial impact, your child will be a good candidate for a scholarship.
What injuries qualify families for this assistance?
Each organization has its qualification requirements. For the most accurate information, you should contact your local foundation.
That said, generally, you will have to fall into the severely injured category. Doctors often describe severe injuries as head injuries, extreme burns, paralysis and loss of limbs. However, some organizations may include other injuries in their definition.
When should your child apply for a scholarship?
They should apply anytime before college. You can never begin planning for their education too early. Most of these organizations understand that. Therefore, they will accept applications for any student that has not started college yet.
These foundations can make a big difference for your family. Consider having your children apply if you are reliant on workers’ compensation. It can ensure that they do not have financial struggles due to school.