We all know artists don't make a lot of money in their chosen profession.  That's why scholarships from organziations like the non-profit Worldstudio Foundation are so helpful for those pursuing their passion for the fine arts and design. 

Worldstudio sponsors annual scholarships to benefit minority and economically disadvantaged college students who are studying the design/arts fields (these include artists, illustrators, graphic designers, photographers, urban planners and more–for a full list of eligible areas of study, go here.)

The scholarships were designed to "allow young people from minority and economically disadvantaged backgrounds not only to realize their artistic dreams, but also to give back to their communities."

Basic scholarships are awarded in the amount of $2,000-$3,000, and Grand Prize awards are also given each year in amounts up to $6,000 at the jury's discretion. The foundation will start accepting applications in January 2008.

To learn more about this scholarship opportunity, go to the WorldStudio Foundation website.