College students would never think of using unclaimed money to help pay for their college tuition, but they should. It could be just like an easy scholarship, only private. This is thinking outside the box that’s for sure, but it works real good. Let’s look at how this could happen.
Unclaimed funds is just money sitting there in someones name (this could be you) and it’s there because they could not find the owner of it. This is because people move and address’s change primarily. For example US saving bonds take years to mature, maybe 10 – 25 years and a lot can happen during that time such people passing away or moving out of the country and mail never reaches that person because of life’s natural occurring events. These funds must be sent to the US government after so many years, because if not stiff fines are imposed on the place/organization which has these unused funds. The government relies on you to find your money now and they spend very little time (if any at all) trying to reach you so they can give it back.
Most people have unclaimed funds belonging to them and if your a college student you should take the time and use services (which are very cheap to use) in finding out if your immediate family and other related ‘close’ family members have unclaimed funds with their name on it and help them claim it.
I’m sure if you fully laid out your plan of helping them find the unclaimed money would be to help you pay for your college education they would gladly give you half or more of it to use on your education.
This is not a far fetched plan either. People are very giving when it comes to helping others with education and especially relatives whom you’ve had a loving relationship with.
To read more go to unclaimed money are like easy scholarships.
