Three really good reasons to apply
Besides getting free money to go to school, of course!
Those who believe it's a waste of time to apply for scholarship because they don't think they'll get one... Guess again. - Scholarship Winner
Wow, someone just gave you money because of a great application, and they don't even know you. They believe in you so much they want to help you succeed in school. Be proud of yourself; earning a scholarship is recognition of not only your potential, but your past hard work, too.
Many students need to use loans to help fund their education. A scholarship can help reduce the amount of your student loans, or even help you attend without borrowing loans. This means that when you graduate and get that amazing job, you'll get to keep more of your paycheck, instead of using it all to pay back your student loans.
Scholarships look great on your professional resume. Also, many times you will be able to meet the donor of your scholarship. The donors want to see you succeed and they could become more invested in your future by:
- Sharing potential opportunities for internships or even job opportunities
- Connecting you with other volunteer or work experiences in their professional field
- Sharing resources that might strengthen your skills
But... but... but...
Having doubts about whether or not you should apply? Any of these excuses sound familiar?
|The scholarship myths||The scholarship facts|
|I probably wouldn't qualify for a scholarship.|
Wouldn't fit the criteria? There are scholarships out there for all types of students: part-time, new students, adult students, students on financial aid, and students with all income levels.
|My grades aren’t good enough.|
Not a straight-A student? It's true that having good grades increases your chances of receiving a scholarship, but some scholarships only require a 2.5 GPA.
|I don’t have time to apply, I need to do my homework instead.||Not enough time? Yes, doing your homework is important, because good grades are essential to winning scholarships. But think of your scholarship application as another class, and you have to work on it just like your homework. This great piece of advice is from a scholarship winner, "If you work on your scholarship homework a little bit everyday, you will get the work done, have time to perfect it, AND still maintain your school work load".|
|It’s better to spend time working at a job than writing applications for a scholarship.|
Earning more at a job? Yes, you do earn immediate money when you work at a job. However, time spent on a winning scholarship application can turn out to be more rewarding. Take this example: Student A works at a local coffee shop and earns $10 an hour. After taxes, it will take this student 125 hours to earn $1,000.
Student B spends 20 hours on a winning scholarship application, and wins $1,000. Based on the amount of time spent, Student B earned $50 an hour, 5 times the amount per hour of Student A.
|My education is already paid for.||Already have loans? Many times it can feel easier to just use loans to pay for school, and not worry about scholarships. However student loans can be very difficult to pay back after graduation. If you can decrease the amount of loans you take while you're in school, you can keep more of your paycheck after you graduate! |
|The scholarship is too small, it won’t make a difference.|
Scholarship too small? Even if you win a scholarship that can pay for one book, it can make a difference. For example:Student A wins a $200 scholarship for books and is able to buy all of their books at no cost to them.
Student B doesn't have the money for books, so puts that $200 charge on their credit card. At a 13% interest rate and $10 payments each month, Student B will be paying a credit card bill for the next 2 years.
|I’m just an average person, who cares what I’m doing?||Too ordinary? You may think there is nothing scholarship-worthy about your life, but just the fact that you are thinking about going to school demonstrates that you want to improve yourself and the community... and guess what? That is what donors look for in a student!|
Now are you convinced? Keep going and
get your application process organized…