New Studies Show Benefits of Scholarships


November 7, 2008
by Scholarships.com Staff
College students who receive generous scholarship opportunities are relieved of some of the financial burden of paying for school.  But to what extent does this benefit translate into other positive outcomes?  How, specifically, does winning scholarships help students achieve their college goals?  Four studies being presented this week at the Association for the Study of Higher Education's annual conference seek to answer these questions.

College students who receive generous scholarship opportunities are relieved of some of the financial burden of paying for school.  But to what extent does this benefit translate into other positive outcomes?  How, specifically, does winning scholarships help students achieve their college goalsFour studies being presented this week at the Association for the Study of Higher Education's annual conference seek to answer these questions.

Two studies focused on recipients of the Gates Millennium Scholarship, an extremely generous scholarship for minorities offered by Bill and Melinda Gates.  A third tracked recipients of the Kalamazoo Promise, the first in a series of large-scale full-tuition local scholarship programs, which provides scholarship funding to all qualifying Kalamazoo, Michigan residents who choose to attend one of Michigan's state colleges.  The fourth looks at University of Iowa applicants' responses to financial aid offers.

The study of University of Iowa students reinforces the idea that scholarship money steers students' college plans, especially among certain minority groups.  African American and Hispanic students were less likely to attend the university, presumably choosing a more affordable or more generous institution, if they did not receive the amount of financial assistance they had hoped for.  These results reinforce the importance of college affordability and will hopefully encourage universities to offer more generous awards to student populations they wish to attract.

While institutional financial aid influences students' college choices, so do other scholarships. Studies showed that Gates Millennium Scholars and Kalamazoo Promise recipients appear more inclined than their peers of similar backgrounds towards applying to and ultimately choosing colleges that are pricier or more competitive.

Gates Millennium Scholars are also more likely to graduate--matching graduation rates of higher-income students--as well as to graduate on time.  In fact, 90 percent of these students finished a four-year degree in four years, which is proving to be an increasingly rare accomplishment among students currently attending college.

In some ways, these studies reinforce things many students already knew.  Scholarships influence students' college choices.  Scholarship winners go to better schools, are more likely to graduate, and are more likely to graduate sooner--and the studies suggest this because they won a scholarship, not just because they're smart and motivated.  Even if none of this is news to you, it should still be a powerful motivator for you to start your own scholarship search.  It does appear to be the formula for college success.

Just because there are millions of college scholarships out there doesn’t mean you have time to go searching, and many won’t even match your profile. We’ve done the work and Scholarships.com is totally free. We have the search algorithms and scholarships database, saving you time in searching, finding and applying to thousands of dollars in college scholarships. Get instantly matched to scholarships that meet your unique talents, skillset and strengths, only those you qualify for. Access a complete list of college scholarships now by conducting a free college scholarship search at Scholarships.com.

Discuss

Share your thoughts and perhaps thousands of students will benefit from your unique insight on the subject!



If you can read this, don't touch the following fields


 
Gucci is releasing a new line of... diversity undergraduate scholarships for students who are traditionally underrepresented in the fashion industry. The 1.5 million U.S. university college scholarship program is set to run for four years, targeting students who attend four-year universities. Special consideration will be given to those residing in Atlanta, Chicago, Detroit, Houston, Los Angeles, Miami, New Orleans, New York, Philadelphia, San Francisco, Toronto and Washington, D.C and/or for those who plan to attend or are currently attending a Historically Black College and University (HBCU).

Gucci Gaffe Results in Green for Grads

October 8, 2019 2:28 PM
by Susan Dutca-Lovell
Gucci is releasing a new line of... diversity undergraduate scholarships for students who are "traditionally underrepresented in the fashion industry." The 1.5 million U.S. university college
Not every student who goes to college completes their degree, much less finishes it within the normal four-year time frame. The Texas of A&M University has spent years working to re-enroll students who stopped out of college for a year or more, and may have found a solution in partnering with ReUp Education.

Texas A&M Working to Re-enroll College Stopouts

September 26, 2019 2:15 PM
by Susan Dutca-Lovell
Not every student who goes to college completes their degree, much less finishes it within the "normal" four-year time frame. The Texas of A&M University has spent years working to re-enroll students
 Photo credit: Jared Ames

A new PBS documentary exhibiting prison education, titled College Behind Bars is set to air on November 25 and 26. The four-part series documents the journeys of dozens of incarcerated men and women as they pursue college degrees in the Bard Prison Initiative - deemed one of the most rigorous prison education programs in the United States, according to Inside Higher Ed.

PBS Airs Documentary About Higher Ed in Prison

September 18, 2019 11:53 AM
by Susan Dutca-Lovell
Photo credit: Jared Ames A new PBS documentary exhibiting prison education, titled "College Behind Bars" is set to air on November 25 and 26. The four-part series documents the journeys of dozens
The federal government discharged more than $43 million in student loan debt for former students of recently closed for-profit colleges. Students who attended programs operated by Education Corporation of America, Dream Center Education Holdings, Vatterott College and Charlotte School of Law will be able to qualify for a full discharge of their federal loans if they were enrolled when their college closed or withdrew within 120 days of the official closure date and didn’t transfer to another institution, according to Inside Higher Education.

$43M in Loans Forgiven for Students of Closed Colleges

September 6, 2019 9:18 AM
by Susan Dutca-Lovell
The federal government discharged more than $43 million in student loan debt for former students of recently closed for-profit colleges. Students who attended programs operated by Education
College Board is ditching its previous plan to capture socioeconomic information from students with a single score - also known as an adversity score - when scoring their SAT college admissions test. The score would have taken into account a student's socioeconomic background and the neighborhood in which they grew up.

College Board Backpedals - No Adversity Score to be Added

August 30, 2019 2:05 PM
by Susan Dutca-Lovell
College Board is ditching its previous plan to capture socioeconomic information from students with a single score - also known as an "adversity score" - when scoring their SAT college admissions
Female-only college and university STEM programs are coming under fire for male discrimination as they attempt to redress gender imbalance in fields such as computer science and engineering. The U.S. Department of Education launched more than two dozen investigations into higher education institutions nationwide - including UC Berkeley, UCLA and USC as well as Yale, Princeton and Rice - which offer female-only scholarships, awards and professional development workshops.

Female-Only Scholarships Under Fire In Higher Ed

August 20, 2019 4:57 PM
by Susan Dutca-Lovell
Female-only college and university STEM programs are coming under fire for male discrimination as they attempt to "redress gender imbalance" in fields such as computer science and engineering. The
Dozens of suburban Chicago families have been using a legal loophole to help their children get need-based college financial aid and scholarships. By their parents' forfeiting legal guardianship, students are able to declare financial independence so they qualify for federal, state and university financial aid.

Parents Giving Up Guardianship for College Cash?

July 30, 2019 9:24 AM
by Susan Dutca-Lovell
Dozens of suburban Chicago families have been using a legal loophole to help their children get need-based college financial aid and scholarships. By their parents' forfeiting legal guardianship,
An Iowa Carpenter sent 33 Iowan students he'd never met to college with the $3 million he had in savings. Prior to his death in 2005, Dale Schroeder told his attorney that he wanted to use the money in his will help send underprivileged students to college. Schroeder's scholarship recipients, also known as Dale's Kids, recently met up to reflect on his generosity and the fact that many of them would have been unable to attend college without Schroeder's help.

Carpenter Comps College Costs for 33 Iowans

July 23, 2019 3:50 PM
by Susan Dutca-Lovell
An Iowa Carpenter sent 33 Iowan students he'd never met to college with the $3 million he had in savings. Prior to his death in 2005, Dale Schroeder told his attorney that he wanted to use the money