How to Find a Scholarship to Fund your Studies

Each year, around 450,000 high school students opt out of a college education simply because the annual 45,000+ dollar expenses per year are just completely out of reach. No high school student can be expected to afford that and, with 66% of adults earning less than 39,999 dollars per year, no parent can be expected to afford that either!

Fortunately, there is a way to afford a good college education without needing to resort to selling your body for scientific research or taking out a study loan which you’ll then have to pay interest on for the rest of your life. That way is a scholarship; an amount of money given to prospective college students to help fund their studies, without the need to pay it back!

Who Gives Out Scholarships?

There are seemingly endless individuals and institutions that are willing to help shape the future of America with monetary donations. Colleges and universities themselves are the most obvious source of scholarships. Of course, no matter what the course, colleges want to recruit the absolute best of the best, so they offer incentives in the form of academic scholarships for the best in their field. But that’s not all! Colleges also need to fill places, and that means offering scholarships for the average Joe, too. It doesn’t matter whether you’re aspiring to be the next Nobel Prize winner or the next office worker, there is a scholarship suitable for you.

Sororities and Fraternities are also big on handing out scholarships to their members. These scholarships can be anything from 500 to 200,000 dollars and are handed out for a number of reasons including academic excellence and career prospects. Even just for being a member of these prestigious societies can merit having money thrown at you! If you’re planning on a college education, it’s definitely worth checking out the onsite societies.

Companies are the next most obvious choice. Like colleges, companies want the absolute best working for them, and what better way to ensure the best than to sponsor a future employee’s top education? An added bonus is that these companies are rewarded with promotion and recognition as a result of their generosity. Big names such as Walmart, Coca Cola and AT&T all offer college scholarships, as well as many more.

Next come foundations and institutions. Foundations are usually set up in memory of someone and scholarships are offered to continue the lifelong work and beliefs of that someone. For example, The Jackie Robinson Foundation offers scholarships for minority populations, and the Ronald Reagan Presidential Foundation offers scholarships for those with outstanding organizational leadership abilities.

Even celebrities are getting in on the education action. David Letterman, Alec Baldwin, Will.i.am and Jerry Seinfeld all offer prospective students the opportunity to win some free cash by following in their footsteps.

What Can I Get a Scholarship For?

The question is, what can’t you get a scholarship for?! While there are many scholarships for academic brilliance, you don’t need to be a know it all to be in with a chance of funding assistance. Are you good at acting, or dance? There’s scholarships for that! Do you come from a well known or successful family? There’s scholarships for that! Are you a single parent on a low income, a minority race, a woman, a man? There’s scholarships for that!

There is a scholarship for almost everything, even things you’d never dream possible. Are you a woman over 5 feet 10 inches, or a man over 6 feet 2? Why not apply for a 1000 dollar Tall Clubs International scholarship? Is your party piece an ability to communicate with ducks? Then give the organizers of the Chick and Sophie Major Memorial Duck Calling Contest a call. You may just end up with 2000 dollars for your trouble!

Where to Find Opportunities

Colleges and universities are pretty good at getting their information out there. After all, scholarships are brilliant incentives and marketing for the institutions. Information on scholarships can usually be found on each college’s individual website, or you can get the information by contacting the college itself.

If you think you have what it takes to be the next CEO of a major corporation, get in touch with some big names and see if they offer any sort of assistance for the new generation of rising stars.

Give it a try. What do you have to lose?

Article written by Agnese Geka – blogger and online marketing consultant for SurveyCompare.net, which guides you through the biggest market research companies offering you to earn extra money and gift vouchers by sharing your opinions online.

One Response to How to Find a Scholarship to Fund your Studies

  1. I got quite a few scholarships in college and the free money was awesome. I actually wrote a post on how to win scholarships but I would say that you can definitely find a college education for under $45,000 a year. You have to go to an in state school likely but it can be found and you can still get a good education under that dollar amount.

Get Income and Money Saving Tips To Your Inbox

Get Income and Money Saving Tips To Your Inbox

Want more tips on how to make more money each month? Sign up to receive the great tips and tricks to boost your income and save more!

You have Successfully Subscribed!