Alright, here’s the 411: Scholarships are like the golden trophies you earn for your amazing skills or accomplishments (think merit-based), and grants are more like your lifeline if you’re in financial need. Both are forms of financial aid that can make a huge difference in covering the cost of attendance at your dream college.
If you’re a high school student exploring state grants, national scholarships, or other grant programs, you’re in the right place. We’re about to spill the tea on how to find and secure these funds.
What is a college scholarship
A college scholarship is like your personal financial superhero, swooping in to take a chunk out of those intimidating college expenses. It’s free money that you won’t need to pay back, reducing your reliance on student loans.
Here’s the thing: Organizations don’t hand out scholarships like free samples at a food court. You need to earn them through your academic achievements (think stellar test scores), athletic prowess, or commitment to community service.
Some scholarships are need-based, so they’re designed to support students who might struggle to cover the hefty costs of higher education.
What kinds of scholarships are available?
Let’s look at some key types of scholarships that could be your ticket to less stress and more success in college:
- Student-specific scholarships. Scholarships aren’t just about grades. Are you a single parent? A spiritual guru? An eco-warrior? Maybe you speak Klingon in your free time? Whatever your unique attribute, there’s likely a scholarship to match. Don’t forget to check with major organizations, local groups, and private corporations that fund education.
- Unique scholarships. These are as quirky as they come, rewarding unique hobbies or talents. From duck calling to creating prom attire out of duct tape, if you’ve got an unusual passion, there’s likely a scholarship for you.
- Academic and merit scholarships. These scholarships are for the brainiacs, rewarding students for outstanding academic achievements. High GPAs, top-tier test scores, and dedication to your field of study could earn you this type of scholarship.
- Community service scholarships. If you’re the kind of person who’s always lending a hand in your local community, you could be rewarded with a community service scholarship.
- First in family scholarships. If you’re pioneering the path to a college degree in your family, there could be a scholarship to support your journey. First-generation college students often have access to specific funding options.
- Leadership scholarships. Calling all captains and student government presidents! If you’ve taken a leadership role in your school or community, leadership scholarships could be in your future.
- Military scholarships. Some scholarships are designed to support those who serve in the military or come from military families during their higher education journeys.
- Prestigious scholarships. These are the big leagues, offering national or even international recognition and often including a hefty financial reward.
- Writing scholarships. If you’ve got a way with words, writing scholarships could be your opportunity to turn those skills into college dollars.
How do you receive scholarship money?
Once you’ve earned that scholarship (cue the confetti!), it’s time to talk about logistics. How do you get the scholarship money? Well, it varies.
The scholarship organization often sends the award amount directly to your college. It’s applied to your tuition, fees, or other costs as part of your aid package.
In some rare cases, the organization might send the financial assistance straight to you as a check. It’s still meant for education-related expenses, though — textbooks, supplies, and courses.
It’s a gift aid to help you get through your education without piling on a mountain of debt. This is incredibly beneficial after graduation.
Where to find college scholarships
Check out these places for scholarship programs:
- Scholarship search websites. Websites like Fastweb, Scholarships.com, and Sallie Mae are great starting points. They allow you to filter scholarships based on your specific situation, making your search more efficient.
- High school counselor or college’s financial aid office. Sometimes, the best help is in your backyard. These resources can clue you into scholarships you might not find on your own. Plus, they can give you tips for your application!
- Local organizations and businesses. Check your local community groups, nonprofits, and even private organizations. Many offer private scholarships as a way to give back to their communities.
Remember, each scholarship opportunity has its own eligibility requirements and application process. Stay organized, track your deadlines, and don’t forget to proofread your applications! Tailoring any required essay responses to each scholarship application can also help you stand out among your peers. Avoid generic responses and really think about what makes you unique as a student.
What is a college grant?
Much like scholarships, college grants provide college funding that you don’t need to repay. The main difference is that grants are typically need-based, meaning they’re awarded primarily based on your or your family’s financial circumstances.
For example, Federal Pell Grants are for undergraduate students demonstrating exceptional financial need. TEACH Grants are for those intending to teach in low-income areas. The Federal Supplemental Educational Opportunity Grant (FSEOG) is available to low-income undergraduate students, and Iraq and Afghanistan Service Grants assist students who lost a parent in military service in Iraq or Afghanistan.
These grants make higher education more accessible for those who otherwise couldn’t afford it.
Where to find college grants
Here’s where to find need-based college grants:
- Federal government. This should be your first stop. Federal grants, like Pell Grants, can make a substantial dent in your college costs. You must fill out the Free Application for Federal Student Aid (FAFSA) to be considered.
- State government. If you’re attending college in your home state, your state government may have specific grant programs to ease your financial burden.
- Your college or career school. Many educational institutions have grants as part of their financial aid offerings. Don’t forget to explore this avenue.
- Private and nonprofit organizations. These groups often offer grants based on a variety of criteria. It’s worth delving into this resource, as you never know what you might find.
- Your school’s financial aid office. Your school’s financial aid office can provide guidance and help you understand your education assistance options.
It’s essential to remember these resources are typically need-based. Be prepared to demonstrate your financial needs fairly and honestly.
Tips for filling out the FAFSA
The Free Application for Federal Student Aid (FAFSA) is your gateway to the world of government grants. Here are some top tips to keep in mind when tackling the FAFSA:
- Stay organized. Ensure you have all the necessary documents and information before starting. This includes tax records, income details, and asset information for both you and your parents.
- Apply early. The earlier you submit the FAFSA, the better. Some forms of financial aid are awarded on a first-come, first-served basis. And remember, you don’t want to miss the deadline. Keep a close eye on the calendar and submit your application as early as possible to secure the most funding.
- Double-check your details. Ensure all information is accurate. Mistakes can result in delays or even affect the amount of aid you receive.
- Understand your EFC. The expected family contribution (EFC) is a crucial figure that helps determine your aid eligibility. Take the time to understand what it means.
- Seek help if needed. Don’t hesitate to contact your school’s financial aid office or the U.S. Department of Education if you need help or have questions about the FAFSA.
Need help finding the best school for you? Use College Rover
Finding the right college and navigating the intricacies of financial aid can sometimes feel like solving a complex puzzle. But don’t worry — that’s where College Rover steps in to help.
Our platform is your ally, guiding you through the process of researching schools based on different criteria. Kick-start your educational journey with College Rover today!
