If you want to get the most bang for your buck, applying for the biggest scholarships could be a useful strategy. You can filter scholarships by dollar amount, focusing on those with the biggest payout.
Scholarships can pay out as little as a one-time award of a few hundred dollars or provide as much as $50,000 a year or even more. The amount can vary greatly from one source to another. You should remember that not all scholarships are given for multiple years. Some are only granted once, while others can be renewed if you meet specific criteria. Make sure to consider that when determining when scholarships to apply for. For example, a $2,000 renewable scholarship may be worth more in total than a $5,000 one-time scholarship.