What is a college scholarship

how to apply for financial aid

The most highly sought after source of money for those applying for college admission is scholarships, because you don’t have to pay the money back. Scholarships are simply gifts of money from organizations that have an interest in your future. Scholarships can be based on academic achievements, sports, or financial need.

As a student athlete, your first choice will be a sports scholarships. But there are a lot of student athletes out there and only so much money to go around. You need to think outside the square about what other special characteristics you may have. Some organizations award scholarships based on a student’s ethnic background or study interests.

Scholarship searches can be done on the Internet, but don’t stop there. Visit the financial aid or student aid office at a local college. Pick up scholarship books at the library or bookstore. Ask your parents to check with their employers—some businesses offer scholarships to the children of their employees.