How to Find Scholarships

Your Guide to Finding, Applying, and Winning Scholarships

Scholarships are a type of financial aid awarded to students based on academic achievements, athletic skills, community involvement, financial need, or other considerations. Earning scholarships can help make college more accessible and affordable. Dive into our guide for an overview of how to find and apply for scholarships to ease the financial burden of college. 

Understanding Scholarships

Several types of scholarships are available, such as merit-based aid, skill-based, and need-based aid. Every scholarship comes with unique requirements to both receive and keep the funds. Be sure to carefully read the scholarship eligibility requirements, application process, and other details before applying.

Do You Have to Pay Back Scholarships? 

College scholarships are a type of financial assistance that you won't need to repay. It’s essentially free money given to help cover your educational expenses like tuition, housing, class supplies, and more. This makes them an excellent option for students looking to reduce the cost of college without worrying about student loan debt. 

How do Scholarships Differ From Grants?

While both grants and scholarships offer financial aid for college, they differ in several important ways. Scholarships are usually merit-based, meaning they're awarded based on achievements like academic excellence, athletic skills, or involvement in community service or clubs. They're often provided by private organizations, colleges, or individuals.

On the other hand, grants are typically need-based and awarded to students who demonstrate a financial need. They are often provided by either state or federal government sources. A well-known example of a government-backed grant is the Pell Grant, which is federal aid given to undergraduate students with significant financial need.

You can visit the official Pell Grants page for more detailed information. This resource details qualifications, application processes, and how Federal Student Aid can help fund your college education. 

Why You Should Apply For Scholarships

Scholarships are an important tool for making your college education more affordable. Despite what many think, there's actually a lot of unclaimed scholarship money out there every year. According to the (NSPA), about $100 million worth of scholarships are not awarded annually, mainly because students do not apply for them.

With so many available scholarships going unclaimed, it's important to explore your options thoroughly. Doing well on standardized tests like the ºÚÁϸ£ÀûÍøis one way to enhance your chances of tapping into this unclaimed scholarship pool. Actively seeking out and applying for scholarships can increase your likelihood of receiving financial support, which not only eases the financial strain of college but also supports your academic and personal growth, smoothing the path to a brighter and more secure future.

Typical Application Requirements For Scholarships

When applying for scholarships, students must meet a variety of requirements to be considered for aid. Common requirements include:

  • Academic performance: Keeping up a certain GPA or academic level.
  • Extracurricular activities: Being active in clubs, sports, or community service projects.
  • Standardized test scores: Some scholarships ask for scores from tests like the ºÚÁϸ£ÀûÍøto measure your academic readiness.
  • Essays: Crafting an essay that reflects your personal achievements or aspirations.
  • Letters of recommendation: Securing support from teachers or mentors who can speak to your character and achievements.
  • Financial need evidence: Showing that you require financial support to pursue your education. Often this requires you to submit your FAFSA.
  • Unique qualifications: Adhering to specific conditions outlined by the scholarship, like studying in a certain field or identifying with a particular demographic. 

Will All Scholarships Require an Essay?

While not every scholarship asks for an essay, many decision-makers value them as a way to get to know you better. They provide insight into your aspirations, personality, and circumstances. Always review the specific criteria for each scholarship to understand the expectations. 

How To Find Scholarships

While earning a scholarship isn't guaranteed, there are several steps you can take to increase your chances of securing these valuable funds. Focus on the factors within your control such as timing, research, preparation, organization, and commitment. Taking your scholarship search seriously can help you tremendously in the long run.

Start The Process Early

It's important to start your scholarship application process as early as possible. Studentaid.gov suggests getting a head start on your research and applications during the summer between junior and senior years of high school. Starting the process early gives you ample time to find opportunities, meet deadlines, and prepare stronger applications.

Utilize Scholarship Searches

Various lists and resources are available that specialize in helping you find scholarships that fit your needs. One notable option is the ºÚÁϸ£ÀûÍøfree scholarship list, which includes more than 80 scholarships that require an ºÚÁϸ£ÀûÍøscore. The Department of Labor also provides information for over 9,500 scholarships on their sponsored . These searches can help you discover a wide range of opportunities that align with your specific academic and extracurricular achievements.

Check Local Scholarships

Students should also focus on local scholarships, which often have fewer applicants and higher chances of winning compared to larger, national scholarships. Check with local businesses, community and religious organizations, clubs, and your school counselor if they offer any scholarship opportunities. Often the scholarship details and application can be found on their website. You might also consider searching for scholarships through word of mouth, community Facebook pages, or local newspapers

Apply For Several Scholarships

Increase your chances of receiving financial aid by applying for multiple scholarships. Each application improves your likelihood of success, broadening your range of opportunities. You can enhance your chances for securing a scholarship by applying for a range of scholarship types from many different sources. 

Look Out For Fake Scholarships

Students and parents need to be vigilant to identify fake scholarships. Warning signs include requests for personal financial information or payments, such as application fees or processing charges, no past recipients mentioned, or saying you won a scholarship you don’t recall applying for. Legitimate scholarships will never ask for money or sensitive personal financial details as part of the application process. 

How to Apply For Scholarships

The process of applying for scholarships will largely depend on the type of scholarship you're pursuing, but several standard steps are involved in most applications. Understanding and following these common steps can help you collect and prepare the documents you’ll need when applying. Here are some ways in which the process may differ:

  • Eligibility criteria: Some scholarships are open to all students, while others may target specific groups, such as students pursuing certain majors, belonging to certain demographic groups, or having specific talents or interests. 
  • Application requirements: While some scholarships may require essays, others might request video submissions, artistic portfolios, or project proposals, depending on the criteria. 
  • Submission method: Methods range from online forms to mail-in or even in-person presentations. Be sure to adapt your approach based on each scholarship’s guidelines. 
  • Selection process: Each scholarship committee will assess candidates based on what was submitted. Recipients are typically students who had a well-rounded application, met all the criteria outlines, and demonstrated their readiness for college. 
  • ​â¶Ä‹Financial need assessment: Some scholarships are merit-based and don't consider financial need, while others may require financial information and a (FAFSA) to determine need-based eligibility. 
  • Recommendation letters: Some scholarships might ask for multiple letters of recommendation from a teacher, mentor, or community leader.  
  • Deadlines: Deadlines can vary significantly. Some scholarships offer multiple application rounds, while others may be once-a-year chances. 

​â¶Ä‹It's important to keep track of deadlines for each scholarship and submit your applications promptly, as late submissions can disqualify you even if you’re an outstanding candidate. Try using an online calendar or planner specifically for scholarship deadlines to stay organized and ensure you never miss a submission date. You can also keep a digital folder with all your scholarship materials —essays, recommendation letters, transcripts, and any other required documents. This makes it easier to tailor each application without starting from scratch. 

Explore More Resources to Help Pay For College

To learn more about paying for college and managing your expenses, check out some additional resources that offer helpful tips and advice. Starting to look for scholarships that match your interests early in high school gives you plenty of time to set your goals and plan how to achieve them.