High school students looking to study further have many options to fund their studies. One of these options is a financial aid scholarship. The advantage of funding your studies with a scholarship is that you don’t have to worry about paying anything back to the awarding authority.
What does a scholarship cover?
Scholarships are offered by colleges and universities as well as companies and organizations. The coverage that as student gets with a scholarship varies with the provider. Some scholarships cover everything, including your tuition fees, accommodation and books, while other scholarships may be of a fix amount of money that you could use to pay for tuition fees or other expenses.
If you get two scholarships, one from the college or university you are going to attend, and an external scholarship from a company or organization, then the college or university will subtract the amount of the external scholarship from the money that they provide you for meeting expenses.
Are scholarships for everyone?
Scholarships are not something that only good students or good athletes can win. There are several scholarships available for students with an average academic record.
What are the different types of scholarships?
There are several types of scholarships that students can apply for if they meet the criteria. There are scholarships that are awarded on academic merit. There are scholarships which are exclusively awarded to minority groups, such as Native Americans, African Americans and Hispanics. Similarly, there are scholarships that focus on women. Disabled students can apply for scholarships for people with disabilities.
There are also different unusual scholarships on offer, such as scholarships for tall people, scholarships for short people, scholarships for left-handed people, and scholarships for people whose last name is Zolp.
How to find Scholarships?
Scholarships are advertised in the newspapers and on websites; you can also ask your high school or college’s financial aid office to find you some. If you go online, you can find scholarships that are offered by different companies and organizations by searching for the relevant pages; you can also get a list of scholarships from a scholarship search service site. The key is to start searching early so that scholarship deadlines don’t become a problem. You should also consider applying to maximum number of programs, because more applications often increase the likelihood of winning.
A financial aid scholarship can enable you to make higher studies affordable without worrying about paying anything back.