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On the Prowl for Scholarships

Check Out This Scholarship of the Week from College Prowler

March 24, 2014

by Suada Kolovic

Finding enough funding for college is hard but that task is made even more difficult when college scholarship committees require applicants to meet countless requirements, fill out stacks of forms and write lengthy essays to even be considered. Well, College Prowler isn’t most scholarship committees and it's doing things a little differently with its $2,000 No Essay Scholarship.

The folks at College Prowler know students are busy and that times are pretty tough for a lot of people right now…but that’s precisely why they’ve created an incredibly easy way to give back to those who need it. All applicants have to do is complete a brief profile, hit submit and voila, they could win $2,000 to put toward tuition, housing, meal plans, books, computers or any education-related expenses. To apply, please visit College Prowler or complete a scholarship search to find additional opportunities.

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SOTW: DoSomething's $3,000 What Would You do to Save Money Scholarship

This SOTW is Accepting Entries Through April 3rd

March 31, 2014

by Suada Kolovic

What would you do to save a few bucks? Share DoSomething.org's Would You Rather game and you and your friends will be put in hilarious situations to save money, but also get some real money saving tips along the way.

To be eligible for the scholarship, invite just six friends to play. At the end of the game, you'll be given a few tips on how you could actually save money a bit easier and be entered to win a $3,000 prize! No minimum GPA. No essays required. For more information on the scholarship, click here.

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Register and Win $500 from Scholarships.com

New Winner Selected Every Month!

April 21, 2014

by Suada Kolovic

Looking for a way to pay for your college education that includes free money? Well, you’re in luck! Here at Scholarships.com, we provide users with the most relevant scholarships and educational information out there.

By registering at Scholarships.com, you’ll have access to more than 2.7 million local, state and national college scholarships and grants worth $1.9 billion...and did we mention that you’ll be eligible to win $500 automatically just for registering? That’s right: Filling out a complete profile will enter you into our monthly drawing for $500. No lengthy essay or massive application packet required – it doesn't get any easier than that. Complete your profile, get entered to win $500 and start exploring additional scholarship options today!

For the complete rules, click here.

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Survey Shows Students Know Too Little About College Aid

October 22, 2009

by Scholarships.com Staff

Can college students correctly answer basic questions about federal student financial aid? Researchers from CALPIRG, the California Public Interest Research Group, sought to find out, asking California community college students three questions about financial aid. The results of the survey were published this week. The majority of students did not do so well, with over half of students answering one or zero questions correctly.

How would you do? Students were asked to say whether the following three statements were true or false (the questions below are paraphrased from the report):

  1. I have to go to school full time to be eligible for financial aid.
  2. Taking more classes per term could increase my financial aid award.
  3. Financial aid can be used to cover expenses beyond tuition and fees, such as living expenses.

The answers:

  1. False. You do not have to go to school full time to be eligible for financial aid. Students enrolled at least half-time are able to apply for and receive federal student financial aid, including Pell Grants and Stafford Loans. Only 47 percent of students surveyed answered this correctly.
  2. True. If your tuition goes up, your aid award can go up, especially when it comes to federal work-study and low-interest student loans. Additionally, students who move from half-time to three-quarter-time or full-time enrollment can see an increase in Pell Grant awards and also potentially become eligible for more college scholarships and grants. Half of students answered this correctly.
  3. True. Financial aid can be used to cover college expenses including food, rent, car maintenance, books, computers, and other essentials. These items are included in the living expenses portion of the cost of attendance figure used by the financial aid office to calculate your aid eligibility. Students surveyed did the best on this question, with 54 percent answering correctly.

Knowing About Aid Can Boost College Success: At this point, it's becoming fairly well-documented that not enough community college students apply for federal student financial aid, despite the fact that many are eligible. While some students don't apply because their schools do not participate in federal aid programs, others don't apply because they don't know they're eligible for aid. The results of the CALPIRG survey suggest that this is a fairly substantial group of students. Namely, 13 percent of students surveyed didn't get a single question right, 44 percent of students answered only one question correctly, and only 2 percent of students who did not apply for aid got all 3 questions, compared to 10 percent of students overall.

Additionally, the survey shows that many students are loan-averse, with almost half of students saying they would drop a class or an entire semester than take out a student loan to cover books or other expenses, and students showing nearly as much willingness to put their books on a credit card than to take out a federal loan for books.  A full 57 percent of surveyed students saying they would only borrow as a last resort or would not borrow for college at all. With additional research suggesting that many community college students are not balancing work and college effectively and that their reluctance or inability to borrow is hurting their chances of graduating, more financial aid education is important.

Community college students are not the only college students who may need help learning about financial aid. If you found that you answered one or more question incorrectly, you may want to review information about paying for school. We have a wide variety of student resources available that can help you learn about financial aid programs and requirements and maximize the amount of aid you receive.

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FAFSA Available Starting Tomorrow, Jan. 1

December 31, 2009

by Scholarships.com Staff

One of the most important steps you'll need to take in the financial aid application process is applying for the Free Application for Federal Student Aid, or FAFSA. The Department of Education starts accepting the FAFSA Jan. 1 of each year, which just so happens to be tomorrow. So start your new year off right by filing that financial aid document, or filing a renewal FAFSA if this isn't your first time. State financial aid deadlines fall as early as February, so it's best to get a head start and know how much funding you can expect come next fall.

Both the FAFSA and renewal FAFSA are available online through Federal Student Aid, an office of the U.S. Department of Education. Completing the FAFSA online will speed up processing and leave less time for you to worry about how much financial aid you'll be receiving. Remember that it doesn't cost anything to fill out your FAFSA - the FAFSA is free - and some agencies will charge you for filling the application out for you. Once you complete the online form, you’ll be able to check its status, make any corrections as needed, and print your Student Aid Report once that is ready. (Your Student Aid Report summarizes what you've filled out on your FAFSA, and provides you with an Expected Family Contribution, or the total you and your family would be expected to come up with to fund your education.) If you aren’t comfortable filling out your FAFSA online, you can submit a paper form, but it does take longer to process than the online form.

In order to complete your FAFSA, you'll need the following:

  • your Social Security number
  • your driver’s license number (if you have one)
  • your bank statements and records of investments (if you have any)
  • your records of untaxed income (if you have any)
  • your most recent tax return and W2s (2008 for the 2009-2010 FAFSA)
  • all of the above from your parents if you are considered a dependent
  • an electronic PIN to sign the form online

We have a number of resources available to those filling out their FAFSAs and preparing to apply for federal aid. Browse through our site so that you know exactly where to begin, what to expect, and how to file the application successfully, because if you do make mistakes you may delay the processing of your FAFSA. Happy New Year!

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Students and Families Unprepared for College, Financial Aid Application Process

February 10, 2010

by Scholarships.com Staff

Despite recent trends of more students across the country enrolling at institutions of higher learning, many students and their families remain mostly uninformed and unprepared to navigate the college and financial aid application process, according to a report issued yesterday called "Planning for College: A Consumer Approach to the Higher Education Marketplace."

The report, from MassINC, a think tank in Massachusetts, looked at decisions students and families need to make when applying to and paying for college, and the information they need to make those decisions. It found that students and parents currently have great difficulty "getting the most out of their col­lege dollar," as the price of higher education only continues to rise.

Perhaps even more alarming is that families have started borrowing more to pay for college, without considering risk and the rate of their return. Related to increases in student borrowing amounts, an article in The Chronicle of Higher Education yesterday looks at the idea that doctoral students finish faster if they take out large loans. The most obvious answer why is that taking out more student loans allows the students to take more classes, and quit part-time jobs that may have been reducing their college costs. It's a choice students must make every day - should you sacrifice some comfort to reduce your student loan debt, even if it means taking longer to complete your degree? It's a personal decision, but students should be aware that they'll be expected to start repaying any debt once they graduate.

The Massachusetts study also found that students and families had little knowledge of tax benefits and college savings plans, and how to compare them. For example, there are 118 different 529 Plans, and the resources out there do little in the way of pointing consumers to the advantages and disadvantages of each. Families and students also admit to knowing little about the actual sticker price of colleges, as that often depends on the funds available to assist incoming students, an unknown when those students first apply.

The report's authors suggest families and students must become more like "savvy consumers" who are able to understand and successfully manipulate the college and financial aid application process to their advantage. The process should also be made less complex, an idea that is already being explored by federal legislation such as the Higher Education Opportunity Act. Finally, families need reliable measures about the educational experience that colleges and universities offer beyond the annual rankings we see in the Princeton Review, for example. According to the report, while the U.S. Department of Education is providing increasingly consistent and accessible indicators, such as graduation rates, this branch of the college-bound decision remains the weakest.

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MTV’s New Groove

Music Channel and College Board Launch Financial Aid Contest

September 17, 2010

by Alexis Mattera

Current high school and college students are probably too young to remember when MTV actually played music videos. It was a glorious time for sure but after hearing this next announcement, I think they will like the network’s new direction just fine.

The NYT’s The Choice blog revealed that instead of launching another mind-numbing reality show, the music channel and the College Board have joined forces for the Get Schooled College Affordability Challenge. The contest – which is being underwritten by the Bill & Melinda Gates Foundation – is open to current and potential college students interested in creating an innovative digital tool that will help more students obtain funds for school. The prize for the winning individual or team? A cool $10,000, as well as a $100,000 budget to bring their idea to life.

A statement released yesterday stated the contest was created to make it easier for students “to navigate what can be a confusing financial aid maze.” This metaphorical roadmap will definitely be a useful one: Each year, countless students are forced to postpone or abandon their dreams of higher education because they cannot pay for school but the Get Schooled creators hope their program will play a role in raising college completion rates.

The contest will run through December 17th so if you think you have what it takes to win, submit your idea here. Best of luck to all who enter!

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2011 Safety Scholars Contest Kicks Off

This Scholarship of the Week is Accepting Entries Through May 13th

April 18, 2011

2011 Safety Scholars Contest Kicks Off

by Suada Kolovic

The fifth annual Bridgestone Safety Scholars Video Contest has begun, and YOU could be one of this year’s $5,000 scholarship winners! This year, they’ve expanded their contest to include all drivers ages 16-21 in the United States and Canada (excluding Quebec). To enter, simply create a 25- or 55-second video about driver safety and upload it to SafetyScholars.com by May 13. They’ll narrow it down, and the top 10 videos will be posted on the site, where it is up to the public to vote on their favorite. The top three winners all receive a $5,000 scholarship!

For more information on this scholarship and other scholarship opportunities, conduct a free scholarship search today!

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Calling All Dancers in this Scholarship of the Week

May 2, 2011

Calling All Dancers in this Scholarship of the Week

by Suada Kolovic

Is dancing your passion? Then put your best foot forward and try out for the Jessica Karrat Dance Scholarship. The Jessica Karrat Dance Scholarship Fund is dedicated to providing funds for individuals who wish to participate in dance education. It seeks to provide aspiring dancers with the opportunity to fulfill their dreams whether to start a dance career or continue with their dance education.

Scholarship recipients must be residents of the United States or programs must benefit United States citizens. A minimum award of one scholarship, in the amount of $500 per year, is being awarded to assure that the scholarship will be significant enough to provide financial assistance. For more information on this scholarship and other dance scholarship opportunities, conduct a free scholarship search today!

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Scholarships.com’s Resolve to Evolve Scholarship is Back!

May 18, 2011

Scholarships.com’s Resolve to Evolve Scholarship is Back!

by Suada Kolovic

It’s that time of year again when Scholarships.com relaunches our Resolve to Evolve Scholarship. This isn’t your typical essay scholarship: The R2E (as we like to call it) is about providing students with the opportunity to move beyond finger-pointing and offer constructive criticism and workable solutions for problems facing an administration or an organization. Essays must be written in response to one of two questions; this year, they focus on the possible detrimental effects of technology on the masses and whether or not a college degree has value.

This scholarship is open to all United States citizens who are registered users of Scholarships.com, will be enrolled in high school (grades 9 through 12) during the 2011-2012 school year and will be between the ages of 13 and 19 at the time the award is given. The applicant who submits the best overall essay will receive a $2,000 scholarship. One (1) winner will also be selected from each grade level (freshman, sophomore, junior, senior) and will receive a $1,000 scholarship each.

The deadline for entries is August 15, 2011. Winners will be notified in late September and announced mid-October. For more information on this scholarship and other scholarship opportunities, conduct a free scholarship search today!

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