Is IT Worth IT to Apply for Scholarships?

Applying for scholarships takes a great deal of time and effort, but the payoff can be worthwhile. Read on to learn why applying for scholarships is worth the effort.

Reasons to Apply for College Scholarships

According to the U.S. Department of Education (studentaid.ed.gov), a scholarship is money rewarded to pay for college that doesn't have to be repaid. There are literally thousands of scholarships available from a wide variety of sources. The amount awarded for scholarships varies greatly, with some worth several thousand dollars.

Applying for scholarships may seem overwhelming at first, but there are ways to simplify the process. Websites like CollegeBoard.com provides advice on researching scholarships and organizing application materials to maximize chances of receiving money for college. The following reasons explain why applying for scholarships is a good idea:

  • Earn free money for college
  • Demonstrate initiative to colleges
  • Improve research skills

Important Facts about Scholarships

Degree Levels Typically undergraduate
Programs Top students, sport achievement, church or club membership, parental company
Online Availability Research available online or via public library, financial aid office, federal agencies, individual school departments, private organizations
Possible Careers Toward any degree, future career

Earn Free Money for College

The main reason to apply for scholarships is to earn money for college. Paying for college is a major financial burden for many people, and scholarships can significantly lighten the load. Since scholarships don't have to be repaid like loans do, there's no worry about interest or making payments after graduation.

Demonstrate Initiative to Schools

Even if someone doesn't succeed in landing a scholarship, the fact that he or she took the time to research the scholarship and apply shows motivation and initiative. Colleges look for students who will rise to leadership roles and put forth extra effort, and applying for scholarships is a good way to demonstrate a drive to succeed.

Improve Research Skills

Seeking out and applying for scholarships is a good way for people to hone their research skills. Since there are so many scholarships available, people must research the many options available in order to find scholarships applicable to their needs.

To continue researching, browse degree options below for course curriculum, prerequisites and financial aid information. Or, learn more about the subject by reading the related articles below:

The schools in the listing below are not free and may include sponsored content but are popular choices among our users. Tuition and costs will vary across programs and locations. Be sure to always request tuition information before starting a program.

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