Scholarship Opportunities You Haven't Missed Out On

Paying for college tuition and expenses can get very costly. Over the past 40 years, the price of a college education has inflated over 1000%, while families household incomes have not. Student loan debt is rising and families are finding it harder to finance a college education. However, each academic year, there are millions of dollars available to students looking for scholarships. With some determination, students can find aid in paying for their college expenses. Here are the many scholarship opportunities you haven’t missed out on for the upcoming academic year.

Most Commonly Used Scholarships

The first place to begin your search for scholarships is by applying for FAFSA. FAFSA stands for Free Application for Federal Student Aid. Every student should apply for FAFSA each academic year. Based on a number of factors you will find out if you are qualified for any federal aid. This application may also prompt your school to give you some additional scholarships based on financial need.

Next, every student should be in touch with their school’s financial aid office each year. You may qualify for scholarships based on academic standing, sports participation, or other scholarships you are qualified for.

After checking with both FAFSA and your college financial aid office, you should begin the search elsewhere for other scholarships available. Many people begin their search online for scholarships.

Popular Online Scholarship Websites:

• Peterson’s

• Unigo

• FastWeb

• Cappex

• Chegg

• The College Board

• Niche

• Scholarship Monkey

Local Scholarships

There are many local municipalities and civic organizations that offer scholarships each year. Check with organizations like your local rotary club or American Legion Auxiliary to see what they are offering. They are also many small scholarship funds that are set up in honor of someone who passed away in your community. Check to see if you qualify for funds from them.

Unconventional Scholarships

Many people think of scholarships in a few large categories: academic scholarships, sports scholarships, financial need scholarships, or scholarships based on race and ethnicity. However, there a plenty of unconventional scholarships available as well. There are scholarships available for people who are left handed, red headed or even vegan. Many groups decide to give scholarships based on similar interests. Think about your unique attributes and do a quick search to see if you are qualified for a scholarship based on your unique interests or talents.

Off Season Scholarships

Most people make the assumption that the only time to apply for scholarships is during the summer before the beginning of the next school year. However, there are new scholarship opportunities that open up each month. Don’t stop your search for scholarships once the school year begins. Continue to check in with your financial aid office and continue to look online for more money toward your education.

When looking for scholarships, remember that every penny given to you for your education is one you don’t have to pay for yourself. With some scholarships, federal aid and smart financial planning you can afford a college education. Call Carolina Money Minders today to discuss how to make financing your college education a reality.