Petroleum engineering stays solid, but the field is undergoing massive changes. The advent of Green business has shoved biofuels to the forefront of energy innovation. What once was considered a Far Left idea—alternative energy resources—is now a real poker chip in big government and in industry.
The good news is that students seeking degrees in Petroleum Engineering have expanded opportunities for scholarships open to them. And even better—ethnic minority students and women have even more valuable chances to mine scholarship gold in this heretofore white male-dominated field.
Best sources for drilling petroleum and energy resource scholarships:
Think the federal government doesn't have a need for petroleum engineering talent? Think again. First off it's always a smart plan to fill out a Free Application for Federal Student Aid (FAFSA) as this will jump start your search for available funds. In addition to regular Federal aid you may also be eligible for one or both of the following:
One of the most guaranteed sources for engineering scholarships is your own college or university. You'll find plenty of general academic scholarships directly through the school Finaid or scholarships department, but you must also explore the free money options sponsored through the Engineering and/or Petroleum Engineering department. Common are a variety of scholarships: academic (merit and need), plus stipends to help offset research and travel expenses. Plus, since many students go on to study at the graduate level, you will also have chances to qualify for valuable grad fellowships and assistantships.
In addition to government aid and college-based assistance it's always wise to also look into professional engineering associations to see how they can assist. Plus becoming a member to one or more of these associations will help keep you in the loop on the latest developments in the field of Petroleum Engineering and also provide valuable business contacts and potential job leads. And yes, private businesses can also be fertile ground for petroleum and alternative energy engineering scholarships. Take a look:
Shell Oil also funds a few excellent scholarships for students studying majors related to the corporation's efforts, including petroleum and gas engineering.
To sum up: Yes, the field of Petroleum Engineering is facing changes as the quest for biofuels becomes more and more on the front lines. Yet as you can see, there are still numerous funding options in this field. All it takes is a bit of research to find the financial aid solution that best suits your needs. Hopefully, this guide will help you get on the right track to help fund your educational dreams.