Scholarship Defined
Scholarships can be confusing for parents, but they can save them thousands of dollars. There are different forms of scholarships, but all of them are essentially gifted money for college. Unlike loans, scholarships don’t have to be repaid. Some scholarships are paid to the student, while others go directly to the university. Scholarships are awarded by government, clubs, charities, businesses, schools, and other organizations.
Who can get scholarships?
Scholarship isn’t limited to straight-A students, and many students who believe that they aren’t academically qualified fail to apply for scholarships in their schools. There are, however, different types of scholarships for all students, including those with less-than-perfect academic records. There are athletic scholarships, scholarships aimed at students in a particular field of study — why, some providers give scholarships just for living in a particular state or city. Another misconception about scholarship is that only college-bound high school seniors are allowed to apply for awards. Scholarship is available to all levels of college study, from freshmen...