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Scholarship Money For College!Tip! A commonly held scholarship myth is that there are billions of scholarship dollars that go unused every single year. While it is true that there is some scholarship money that goes unclaimed, this is usually because the scholarship qualifications are very rigid and narrow in nature and simply were not filled for that reason. Scholarship Money For College - Plus, tips to help fund your education! So, it's getting to be that time of year again and I thought I would offer my recommendations on a few different avenues to pursue for funding your child's college expenses. It's no secret that the cost of a college education is getting higher and higher by the year. Not to mention, the cost of living and functioning on a college campus is becoming inflated also. Some students are already receiving acceptance letters and starting to commit to their school of choice. In alot of cases, families make their decision based on the price tag of the college to determine the best fit. I can't stress enough how this is the wrong way to go about it. Don't let the price tag of your top choice school scare you off! This is a big mistake that many students and parents make. There ARE ways to make ends meet, thus allowing your student best college experience he/she deserves. Let's discuss a few options... 1. Work Study Programs - Many colleges have work study programs in place for students that need to make some extra money to put toward their tuition. Check each college that you're interested in for these. Students basically work for money toward their tuition bill, or a regular paycheck. The vast majority of these jobs are located on campus, working for the university. So, it's a win-win situation! Tip! Of all the mistakes that are commonly made each semester when students apply for scholarship money, perhaps the worst is simply not getting the application and packet in on time. This usually indicates that there is a failure to organize your schedule enough to get the job done. 2. Local Scholarships - Check with businesses in your area and/or the local high school. In alot of communities, the businesses donate money to the high school to be awarded to students that are college bound and deserving of it! The advantage is that the students aren't competing with others on a national level for the money, like other scholarships. 3. Scholarship Websites - Sites like fastweb.com or wiredscholar.com are free, and are good places to start. These scholarships are national, which means there is a level of competition, but each scholarship has certain criteria to be met making it a great opportunity for a variety of students. Some sites offer a pay service, and can literally "pay" for itself with one scholarship! 4. Summer Job - Yep, good old fashioned work can provide some of the best income for college students. A good summer job can pull in close to 5k, and even more in some cases. 5. University Grants - These are less popular, but the reason is that most of the university funded grant money goes to students that had a high level of academic achievement in high school. However, check with the school of your choice to see what they offer. As you can see, there are many different options when looking to fund a college education. Be creative, and don't let that price tag scare you. You'll regret not giving your student the best possible opportunity for higher education. Tip! Another very important part of creating a winning scholarship packet is to try to personalize your essay as much as you possibly can. Instead of just reciting dry facts as you would for a term paper, be sure to try to let the scholarship reviewers know as much about who you are as you can in the scholarship essay.
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