10.28.10 | Financing a College Education
College scholarships are one of the most convenient ways to pay for your education. Unlike student loans, college scholarships do not need to be repaid. Though college scholarships are not guaranteed to everyone, there are tons of scholarship opportunities for every student to apply for.
Finding the right scholarships often takes an extensive amount of searching. Luckily there are a lot of resources both online and in your community to help you find college scholarship money. A few places to find scholarships include local organizations such as churches and small businesses, free college scholarship websites like ScholarshipPoints.com, your college or university financial aid office, and online scholarship search engines such as StudentScholarshipSearch.com.
Some students are awarded scholarships based on financial need. When you file your FAFSA to apply for financial aid with your college or university, you receive a financial aid package detailing the awards you are eligible for. If you are lucky, scholarships are one form of college financial aid that might be included in your financial aid package.
Scholarships are also awarded based on other criteria. There are scholarships for seniors, scholarships for athletes, scholarships for women, scholarships for tall people and scholarships for musicians just to name a few. Applying for these more specific scholarships can be beneficial because the applicant pools are often smaller which makes them less competitive.
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