The Scholarship Advantage
Some students assume that scholarships are primarily designed for students who are in dire need of financial assistance. This is not the case. In fact, winning a scholarship will be beneficial to any student for several years following their receipt of the award. If you are on the fence about applying for scholarships and unwilling to commit your time to the process, consider these significant benefits before you miss your opportunity:
If you win a scholarship, you can give yourself a pat on the back. For some scholarships there are thousands of applicants. When you are recognized for your accomplishments it gives you the confidence to pursue other goals. It is very important for students to recognize their own potential early in their academic career so that they foster its growth—receiving recognition from an organization or company helps students take this step.
Distinguish Your Achievements
Receiving a merit-based scholarship indicates that you stood out among your peers. The scholarship provider recognized this quality, and it is important that you know see it too. When you apply for colleges or jobs in the future, you have proof that in at least one area you can distinguish yourself from other peers. This knowledge will motivate you to challenge yourself to reach higher goals in your own life.
Scholarships Provide You with Financial Support
Maybe you're one of the lucky students who aren't relying on financial aid to get through school—if so, it does not mean that you can't benefit from a scholarship. Some scholarship offers send winners the reward directly. This is good news for students who don't need financial aid to pay tuition, as the money can be used to pay for other expenses associated with college. Instead of spending your earnings from a part-time job on essentials like food and books, a scholarship lets you spend somebody else's cash!
Scholarships Can Help You Get Into a Selective University
Universities prefer students who are distinguished and have been recognized for an accomplishment. Winning a scholarship is a big deal! Most colleges are looking to add students who will be positive contributors to their student body. A merit scholarship confirms that you are a capable student who would be a great addition to the school.
Scholarships Make Your Resume Stand Out
Distinguishing your resume from those sent by hundreds of other applicants can be difficult. A scholarship can make it easy to make your resume stand out. Being recognized by someone else for your achievements is sometimes enough to get you in for an interview with a future employer. Looking for a job is hard work, but when you have plenty of achievements and qualifications it is much, much easier.
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Latest College & Financial Aid News
August 25, 2016
by Susan DutcaSummer may be winding down, but scholarship season is strong. Students are preparing to head back to school, and what better way to prepare yourself financially than landing free money towards your college education? As you spend the next few weeks enjoying what’s left of the summer sun, take a quick moment to apply for these great scholarship opportunities with end of summer deadlines: [...]
August 23, 2016
by Susan DutcaToday, going to college could cost as much as buying a new BMW every year, according to the Wall Street Journal. With ever-increasing college costs ranging between $120,000 and $200,000 (depending on the school), some politicians' higher education reforms are simply a "massive bailout wrapped in the promise of free tuition and relief from student loans." College unaffordability has forced [...]
August 18, 2016
by Susan DutcaSome dormitory rooms at the University of Mississippi are "worthy of interior design magazines," even on a budget. Photos of two students' room went viral, and some call the décor over-the-top and unnecessary. The majority of the decorations were bought on a budget from stores such as TJ Maxx, Marshalls, Hobby Lobby, Home Goods, Target, Home Depot, and antique stores. Check out the room [...]