There’s significant evidence, however, that graduates from college or the university make more money over their lifetime than their peers who don’t pursue at least a four-year degree. We also know that employers most times require a bachelor’s degree as qualification for jobs.
However, If you don’t play your cards correctly, going to college can be one of the most costly investments you make in life. After you fill out the FAFSA and exhaust your federal aid options, it’s time to think about “free” money in the form of scholarships and Grants!
Scholarships Are Not Only for Valedictorians
Well the most popular scholarships are earmarked for exceptional students with flawless academic records. But then the organizations that gives scholarships look for something beyond a strong GPA: they’re looking for students who embody the values they espouse.
That might mean that your role as editor of the student newspaper could make or break your application; for instance, your ethnicity can be a factor in a successful scholarship application. Other factors that can influence where scholarship money goes are athletic ability, creative talent, and community service.
Finding scholarships and grants that match your interests, academics, and intentions is the best way to find and apply for the ones right for you.
Get involved in your local community – deeply involved, if you can. Commitment to community service, causes, and organizations shapes character, but it also presents lifelong connections and networking opportunities that can help you get a leg up in work and in school.
The people you live and work alongside during high school and college can become mentors who form part of a broader professional or social network that influences how you find jobs, scholarships, and other opportunities.
Basic Sources to get leads on scholarships you might have neglected :
- Employers (yours or your parents’)
- Minority groups
- Essay contests
- Churches and religious groups or clubs
- Community service organizations
- Fraternal organizations and even unions
- Education lenders and other education-related businesses
- And finally, don’t forget about the university or school itself, depending on your major or program
Other Ways to source Money for Higher Education
As demanding as it is, some students have exhausted their federal financial aid options and have already explored scholarships.
More so, Graduate students have other options that might not be available to undergraduates. Parents and students can benefit from planning their time and their financial investment wisely. And as soon as you’re out of school, you may have student loans to repay – it’s something you should plan for in advance.