by Arden Nguyen
Higher education is of the utmost importance for many students, but the price tag might give some a near heart attack.
Let’s face it: college is expensive.
However, a scholarship―essentially free money―can get you started. Here, we’ll discuss the types of college scholarships you might be eligible for.
Need-based
Need-based scholarships take into account if one’s annual family income falls below a certain threshold. They help cover a range of expenses, including tuition, books and housing. Students must first fill out the Free Application for Federal Student Aid (FAFSA) so colleges can determine if and how much they’ll receive. Look for the financial aid department on your college’s website to learn more about applying.
Merit
Merit-based aid is aimed at students with exceptional academic standing and/or special talents, such as student leadership or athletic achievement (see below). Usually, one must be at or above a specified GPA or standardized test score to qualify. Some scholarships are open to all prospective students regardless of financial need, while others take both achievement and need into consideration. Keep in mind that you’ll be more likely to receive merit aid at a school where your academic record makes you a top student.
Athletic
Athletic scholarships are rarely given to students who wish to play a sport in college. But if you are interested, there are a few things you should know.
First, college sports are either designated equivalency or head count. Equivalency sports include a wide range, where scholarship funds are split among the players of a team. Head count sports (only a few for both men and women) are those in which full-ride scholarships are offered.
Another thing to remember is that schools often take academic performance and other factors into consideration. For example, the National Collegiate Athletic Association (NCAA) has guidelines on the required test scores for incoming student athletes.
Finally, athletic scholarships can come from many places. The NCAA is probably the most well-known. It divides schools into Division I, II, or III; only the first two divisions, mostly comprised of large public schools, grant scholarships. But you can also look out for offers from smaller athletic associations that are more generous with their money.
Private Scholarships
Many organizations and companies offer their own scholarships based on various factors, such as background, areas of study or community service. Students will often have to write short essays or meet other requirements to apply, but some are as simple as providing your name and email. These scholarships range in size from small ($250-$1000) to large ($10,000+). The one downside is that they’re competitive, so don’t be afraid to apply to several! Stop by the College and Career Center or visit their homepage to check out a few outside opportunities.
And below are a few websites to begin your own search.
Don’t hesitate to apply. There’s a scholarship out there for every student!
