Tuesday, May 7, 2013

Sources of Money 17: Dow Jones News Fund Assists Future Journalists

Logo Dow Jones News FundTuesdays we review a source of financial aid available to help pay for college

Bob hoped to write for a big city newspaper. His experience writing for his high school newspaper increased his passion for journalism. So, he enrolled in a prestigious journalism school in the Midwest. Paying for school would require more money than he could raise. He needed scholarships to survive. He found several on the Dow Jones News Fund Inc. web site. He won several of the scholarships dedicated to journalism students. They helped defray his tuition costs.

Advantages of Using the Dow Jones News Fund

“The Dow Jones News Fund, (https://www.newsfund.org/PageText/SchoalrshipListings.aspx?Page_ID=SclFellowship) formerly known as the Newspaper Fund, was organized in 1958 to improve the quality of journalism education and the pool of applicants for jobs in the news business.”

Their web site states

“This page contains a list of financial aid offered by organizations and foundations for the study of journalism/mass communication. For complete details, contact the person listed for each respective program or visit their Web site by clicking on the link provided.”

We found a list of more than 20 scholarships, research awards, and other sources of financial aid. The awards are given to all types of people interested in journalism including: writers, editors, photographers, and others.

The site offers information about:

  • Scholarships
  • Grants
  • Internships
  • Summer jobs
  • Continuing education
  • Scholastic and professional associations affiliated with journalism
  • Diversity programs
  • Job fairs
  • Journalism workshops
  • Job postings in journalism
  • Articles and publications you can use as a career guide for journalists
  • Downloadable forms and documents used by journalists
  • News about awards

Disadvantages of Using the Dow Jones News Fund

Disadvantages include:

  • The site only provides assistance to journalism students
  • Login is limited to certain occupations for much of the financial aid
  • The site does not offer a search engine or candidate profile to create a list of applicable scholarships. You must review the list to determine which apply to you
  • Limited number of financial aid sources compared to other sources of financial aid

Thursday we list 5 steps to prepare home run statements for reusable master application

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