Hearing from a financial expert is great, but hearing from a parent who has been able to apply wise financial advice and help her kids graduate debt-free is even better!

Louisville-based KFC announced a few weeks ago that it was offering a scholarship for the person who could state why they were deserving of the Colonel’s Scholars scholarship in just a single tweet—this includes explaining how the applicant plans to enrich their communities and how they exemplify Colonel Sanders’ commitment to education.

Kentucky Fried Chicken Foundation oversees the KFC Colonel’s Scholars program. While the foundation awards more than 75 college scholarships each year, this scholarship is the first to be awarded based on a single tweet.

In order to be considered all applicants had to follow KFC on Twitter (@KFC_Colonel) and then submit their tweet using the hashtag #KFCScholar.

All tweets were judged on creativity and quality. Only one entry per twitter account was accepted.

Some real example tweets from contestants included the following:

“#KFCscholar. College is expensive. W/o help, I can’t afford more chicken! I want to make it big, rockin’ my dreams @ U of Kentucky! Help me! ”

“My mind is constantly creating things my body and knowledge aren’t capable of. I want to have the power to create and discover. #kfcscholar”

“Im just 1 in a Million, bt can i be that 1 chicken leg in that bucket, plz #KFCScholar, Student loans r gona eat me, LiKE i eat ur chicken”

“#KFCScholar. We’re molded throughout elementary and secondary schooling. College is where we learn to become exceptional & educated citizens”

On December 1^st, KFC announced the winner! A California high school senior turned a single tweet into a college scholarship.

The Twitter entry from 17-year-old Amanda Russell was selected from more than 2,800 tweets that competed for the scholarship offered by a foundation for the Louisville-based KFC restaurant chain.

Russell reached the 140 character limit for the contest, so she’ll get $142 per character to pursue her college dreams.

The winning tweet refers to the chain’s late founder Colonel Harland Sanders and says:

“Hey Colonel! Your scholarship’s the secret ingredient missing from my recipe for success! Got the grades, drive, just need cash!”

Russell has compiled a 3.9 grade point average at her Long Beach high school. She says she plans to major in biology and pursue a career as a doctor or medical researcher.

Look for these scholarship gems and you too could net some cold, hard college cash!

*****

This guest post is contributed by Kate Willson, who writes on the topics of best online colleges.  She welcomes your comments at her email: katewillson2@gmail.com.

Despite the continuing cloudy economic forecast, one thing is crystal-clear: College costs continue to climb. And it’s made many students acutely aware. In a recent Fidelity Investments online survey of U.S. high school seniors, a majority said saving for education was “overwhelming.” Good news for parents: 94 percent of students were willing to pay for at least some of their college costs; 56 percent of those said their share should be half.

Federal Loans – The Free Application for Federal Student Aid, or FAFSA, could send free college aid your family’s way!  No matter what your financial situation may be, you and your teen should fill out the form, online or mail-in.  Circumstances change – and colleges often require a completed FAFSA in order to consider your son or daughter for college-specific loans and scholarships!

Work — Study Programs – Sometimes nicknamed “self help aid” work-study programs are often provided by the college your teen actually wants to attend.  There is a Federal Work-Study Program and state programs as well.  It’s one way that your teen can help pay their way through college – and gain a little life experience in the process.

Grants and Scholarships – Simply applying to college will make your child eligible for some scholarships sponsored through the school. Of course, many scholarships are merit based. But, even if your college bound teen isn’t at the top of their class and the last sport your child played was tennis on the Wii – with the right scholarship or grant, lack of athletic or academic achievement may not matter.  There are scholarships and grants out there to fit every student: no kidding.  Your son or daughter can find free money to match their ethnicity, intended college major, religion, SAT scores, hobbies, and then some.  Many colleges have their own specific scholarships and/or grants that cover a range of abilities and majors.  To get started, have your teen sit down with their high school guidance counselor or surf the web for free money that fits!

Student Loans – There are various loan options: state, federal, and even loans from your child’s choice college.  Loans do need to be paid back and there will be interest tacked on but repayments are very often deferred — at least until your child completes their college career.  It’s good to know that when all else fails – there is still an option!

My College Guide has provided free college info with a 100+ page annual magazine for high achieving high school sophomores for over twenty years.  We are rapidly expanding online – find us on Facebook and Twitter and say “hello!“

State Provided Education Benefits

Educational benefits for families, particularly the children of deceased, MIA, POW, and disabled veterans, may be available in some states. Military.com has developed an on-line general summary of educational benefits for veterans, surviving spouses and their dependents.

Click here to learn more about State Education Benefits.

Private Scholarships and Grants

While looking for money for school many surviving spouses and their families overlook the over $300 million of military – and veteran – related scholarships and grants. These scholarships often go unclaimed.

Visit Military.com’s Scholarship Finder today and get started.

Local Scholarships

Also, don’t neglect to search in your military community. Many service aid organizations and associations, like the Navy Marine Corps Relief Society, offer scholarships, grants, and low interest loans to help cover education expenses.

1. Reduce My College Costs–Marc Hill, CCPS, RFC® and founder of Reduce My College Costs, LLC. is both a financial planner and a parent, who know what you are going through. That’s why he created his firm to be a little different. It is not a scholarship search firm and not a student loan lender. He is well-versed in the financial aid process, but he knows not everyone is eligible for financial aid. So he takes a broader approach-identifying a variety of solutions that will make college more affordable for people at all income and asset levels.

2. FinAid–gives an overview of all types of college funding from scholarships, to loans, to savings, to military aid, to loans with links and information on each of them.

3, Saving for College–A top notch site explaining in great detail all the in and outs of college savings with calculators and tax information.

4. UPromise–A college savings service that harnesses the purchasing power of parents, extended family, family, and students to make it easier to pay for college. Members direct their spending to Upromise partners-including more than 600 online stores, 8,000+ restaurants, thousands of grocery and drugstore items-and earn money for college.

5. CollegeAnswer–Sallie Mae’s money management site gives an overview on college financing focusing on loans. The site provides a great School Affordability Analyzer.

6. CNN Money/College–A great site for the latest college financing news, calculators and how to maximize your financial aid.

7. MSN Money/College–A guide to saving for college with The Basics, Fast Answers and a message board.

8. CollegeBoard–The College Board’s EFC calculator which will help you determine your Expected Family Contribution BEFORE your teen starts applying to colleges.

9. Money Management 101–A blog created to help parents and students learn about money management.

10. StudentAid–A site for free information from the U.S. Department of Education and the home of the FAFSA4caster.

Ford Motor Company has launched a new scholarship contest on Monday, March 15. Modeled after Ford’s own standard of giving back to the communities in which it works, the two-part scholarship contest is open to high school seniors and current college students enrolled in an accredited U.S. college or university by September 30, 2010.

The contest asks a simple question: what is your heart behind? Ford Motor Company wants to hear what students are doing to make a positive impact in their communities. The first place winner will receive a $3000 scholarship, second place a $2000 scholarship and third place a $1000 scholarship.

Essays will be accepted from March 15 to April 9, 2010 online at www.fordscholars.org. From there, ten semi-finalists will be selected to win an ULTRA HD FLIP Cam for their outstanding efforts. The semi-finalists will then use their new FLIP Cam to produce a 3-minute video illustrating their essay. The videos will be posted to www.fordscholars.org for public voting May 10-14, 2010. The public votes combined with the judging panel will determine the scholarship winners.

Winners will be announced on May 17, 2010.

Everybody like freebies. Taking advantage of all the freebies that are given away on campus to college students is a MUST. Teaching your kids to watch for them is all part of being an effective parent college coach.. Why pay for something when it’s available for FREE?

It’s no urban legend: Free stuff is doled out on college campuses all the time. But it’s up to you to scout out where to find these complementary goods. From pizza to plane tickets to straight-up cash, we show you what you can get and how to score it … so keep reading.

Free Entertainment
Get tickets to concerts, sporting events, art exhibits, theater openings, forums and lectures.

How to score: Use your student ID card as an all-access pass. Every campus has a student union building, and if you’re unfamiliar with it, we suggest you become acquainted, since it’s plastered with bulletin boards announcing free upcoming events for students.

Free Food
Get free pizza, soda, snacks or breakfast, depending on the time of day.

How to score: Attend club meetings. “If you look in your student building and sign up for all the listservs, you will know when clubs and residence halls are giving away free food,” says New York University sophomore Doreen Naor. “With breakfast, you can basically always get muffins and coffee, and for real meals, most clubs give out pizza.” Join three clubs that meet weekly, and you’re looking at three regularly scheduled meals.

We also like CampusFood.com, where you can play online games that earn coupons for your next restaurant visit. A few clicks at a mindless computer game, and you can have yourself a free meal. Not too shabby!

Free Cash
Earn hard cash (typically from $5 to $10 for about an hour of your time — could be up to $100). No taxes taken out, no checks.

How to score: Participate in a focus group or study, which typically requires very little effort, such as filling out an easy survey. Head over to the campus psychology building, where you’ll find volunteer recruitment flyers.

Focus group companies pay more for your input. If your school is in a metropolitan area, check out focus group centers in need of college student participants. Go to FindFocusgroups.com to scope out opportunities near you.

Free Swag
Pick up product samples, coupons, gift certificates and other giveaway items, including iTunes cards, DVD players and even airline tickets.

How to score: “All you have to do is open your eyes and pay attention,” says NYU junior Annie Baer. “There are always people giving away free things [on campus].” Marketing companies often hire student reps to hold major promotions that often include giveaways and contests on college campuses. Next time you see a student rep giving out samples, ask if the campaign offers any other giveaways.

Note: You can get updates about sponsored events and contests directly from the source. By becoming a Facebook fan of brands or products you like, you can get automatic updates about big promotions and giveaways, and be the first to know about any contests they might be hosting.

Start by looking at the Learning Disability Organizations in your home state. Those state specific college scholarships for ADHD will be less competitive than national scholarship programs as well, which makes them worth checking out even if the award amounts are small.

Another resource that students and parents seldom think about is scholarship programs that are only learned about through the Disabilities Department at the college that your teen will attend. It is vital that you check in with, and register with this department at the school, and inquire about available scholarship programs for learning disabled students when doing so.

Check into school specific college scholarships for ADHD available for learning disabled students as well. Many colleges offer at least one, if not several, ADHD scholarships for students who are learning disabled, and who will be attending that specific school, or even students enrolled in specific programs of studies – if they are learning disabled. Of course, ADHD Scholarships, although not specific, are considered learning disability scholarships as well.

Make absolutely certain that you check with vocational rehabilitation organizations or departments in your state and county as well. These organizations exist for the purpose of helping those who have been displaced or unable to work and get the educations that they need to find gainful employment – despite disabilities. Often, people mistakenly believe that these organizations only help adults who have already been in the workforce, but this isn’t true at all. They can also appraise graduating high school seniors and college students about scholarship and grant programs available for ADHD or learning disability scholarships.

Many organizations who would otherwise offer college ADHD scholarship programs for learning disabled students fail to do so because they assume that learning disabled students, such as those with ADHD will not be attending college. Today, nothing could be further from the truth, and in many cases, if you contact organizations or businesses that are related to ADHD in some way, you may find that they will help you to fund your teen’s education in some small way.

Here are just a few examples:

• Scholarships for Learning Disabilities
• ADD Scholarships for College
• Learning Disability Scholarships
• Autism Disability Scholarships
• Ann Ford Learning Disability Scholarships
• Recording for the Blind and Dyslexic (RFBD) Learning Disabled Scholarships

Here’s some great tips to help parents help their college-bound teens save some money when they go off to college. Take notes and start implementing these strategies into their lives BEFORE they leave for college.

Living on a shoestring budget? Whether your parents float you funds or you’re pulling a part-time paying gig, here’s how to stre——-tch every precious penny.

Broke — it’s a common catch in student jargon. “OMG, I broke my phone at that rager last night” or “I just broke up with my girlfriend ’cause she was cheating on me with my best bud.” But when used as an adjective, the word describes the financial status of most college kids.

Unless Dad is handing over his preferred platinum card or you strike it rich selling those musty ol’ Pokemon cards, you’ll have to get by on meager means. Here are some painless ways to get major bang for your buck … even if it’s your last buck.

Put the “Eat” in Creativity

Whether you’re craving a change from the monotonous glop of the dining hall, celebrating a friend’s birthday at a nearby bistro or taking a study break to go for a late-night munch, your wallet will take a hit. Cutting back on these extravagances means getting clever.

1. Buy in bulk When stashing snacks in your room, think long term. Talk to your roommates about pitching in for some grub, then head to the nearest warehouse retail chain to stock up on industrial-sized cheaper-in-the-long-run crates of Ramen packets and other non-perishables. Many discount clubs offer collegiate membership rates, and some give free introductory one-time shopping passes for non-members to bypass the annual fee altogether.
2. Use the student discount Grocery stores, restaurants and even places on campus usually have discounts for students. Even if you don’t see it advertised, it doesn’t hurt to ask. Have your student ID at all times. It could save 15 percent on that panini or score you a free dessert!
3. Sniff out free food Complimentary chow is almost as popular on campus as the latest gossip on CollegeACB. “Club meetings and churches are always looking to give out food to potential new members,” says Robby Panos, a University of Virginia junior. Philanthropic bashes and school-sponsored speaker events are also prime time for gratis grubs. Grab a slice of pizza and take in a lecture.
4. Have a drink on me Students pour beaucoup bucks down the drain when indulging in conveniences like Starbucks and bottled water. Invest in a coffeemaker so you can brew your own, and get yourself a travel mug. Pick up a refillable water bottle too if your college’s tap is tolerable. Bonus: It’s better for the environment.

That’s Entertainment

Life doesn’t have to be a snore just because your pockets are empty. Money buys neither happiness nor a stellar social life. You can get out and about without tossing around a ton of green.

1. Be art smart Your campus is probably rife with free productions, concerts and workshops. Problem is, nobody really hears about them … and when people do, the enthusiasm is usually lower than the grade on your last calculus test. Time to do some research (track down calendars of events), gather up your dorm mates and head to the next pay-what-you-can play or free movie screening. Even if it’s bad, you’ll get a few laughs — or at least the opportunity to heckle!
2. Speak Greek Not joining a frat or sorority will save you a lot of cash right out the gate. But what happens when you want to get into the best party of the year and don’t have the connections? Exchange names of brothers and sisters you know with friends and ask them to do the same — on most college campuses, name dropping is the ticket to free admission. Once you’re inside, you’ll get beverages … and if you’re lucky, maybe even a few phone numbers.
3. Out on the town Be in the know too when it comes to events in neighboring areas. Community organizations often host free outdoor festivals with live music. Local restaurants have early-bird specials. Theater workshops and art galleries frequently offer free or reduced admission. (Again, don’t forget to ask about student rates.) Read newspapers and pay attention to fliers. It could pay off.
4. Any singles? If you have a significant other who saps all your savings, it may be time to have a chat about cutting back on unnecessary costs or to ask your partner to pull his or her own weight. If this person is not important to you, you may even consider living the single life for now. Romantic dinners and little gifts add up. Is it worth it? Your call.

Shop Till You Plop

Enter upscale department stores and exclusive boutiques at your own risk, but you don’t have to totally give up the urge to splurge. Just tone it down a few notches.

1. Clothes the deal Punch up your wardrobe without breaking the bank: shop clearance racks. (The best ones are where an additional markdown is given to already slashed prices.) Look for one-of-a-kind finds in thrift and consignment stores. Pick up inexpensive accessories at discount stores and chain boutiques.
2. Gotta dollar? Discover the beauty of the dollar store. It’s great for party supplies, stationery, candles, soaps, toiletries and tons more. Whether you’re buying useless trinkets or practical necessities, think about it: You can walk in there with a 10-spot and leave with lots of loot. Heck, you can scrape together a dollar plus tax in pocket change and treat yourself to something.
3. Be a coupon king or queen Keep a lookout for coupons on one-day shopping events at major department stores. Also sign up for email notifications of store specials and be sure to check online for Internet coupons before making a big purchase. (Restaurants and fast food chains run a lot of coupon specials too, so keep your eyes on the prize.)
4. Beauty booty Ladies, fine department stores dole out free samples at the cosmetics counters. Want to road test a lip color or facial moisturizer or new perfume? March on over there with an air of confidence and ask the consultant to show you some options. She’ll likely give you mini-sized products to try at home.
5. What a card! If you’re a die-hard shopaholic experiencing severe withdrawal, hold off before reaching into your cash stash by keeping in mind that the holidays are right around the bend. “It might be painful to wait all semester,” says Appalachian State senior Diane Vachon, “but soon enough you’ll have a dozen gift cards with your name on them.”

Common Cents

Ask not what you can do for your school but what your school can do for you. Universities give back to their student patrons in plenty of ways, so take advantage.

1. Be book smart The library isn’t just for studying, using the Net and people-watching. It actually contains books — a revelation, I know. If you’re taking subjects like lit, history or philosophy, the library could relieve a big financial burden. Instead of turning to the expensive school bookstore (or even Amazon) for a book, do a quick search on the libe’s browser to see if it’s available. Then drop-kick the kid who’s about to check it out.
2. Get off your lazy butt If you have access to the campus gym and you’re paying for a pricey fitness membership, stop. Other free-of-charge physical activities: walking, jogging, hiking, in-line skating, riding your bike, a pickup basketball game, lifting weights in your room, dropping to the floor to do sit-ups and push-ups … shall we go on?
3. Let’s make a deal You’re a smart cookie, so figure out how to split costs with your roommate. Double up on your laundry to save quarters. Share a printer, swap playlists and take the same cab home from a party. And if you’re both heading out of town, consider carpooling. Even if you and your roomie aren’t the best of buds, a road trip is always less taxing when there’s company … and music.
4. Hop on that job “The No. 1 thing I can say is find a job on campus,” offers up Wabash College junior Mack O’Shaughnessy. “It’s the best way to get some extra cash in your pocket.” On-campus stores and restaurants are often hiring. Just don’t tell the folks: You still need someone’s sympathy, especially when it comes in the form of a crisp Benjamin.