Scholarships for College Students

The rising costs of a college education have made it an untenable expense for many families. If you cannot afford to pay higher educational expenses outright, there are a number of options available to you. The easiest is student loans, but when you factor in the average student debt of graduating seniors from the class 2017 is $37,172, it might make you think twice about electing this option.

Instead of amassing a ton of debt which will affect your buying power after you graduate, there are other choices for you. One of the best options is scholarships. Scholarships are gifts you use to pay for tuition, books, and other educational expenses. Because they are gifts you do not need to repay them, though if it's a reoccurring gift, you might have to maintain certain grade standards to continue receiving it.

Scholarships come from many different sources including the university you attend, private organizations, endowments made by individuals or a corporation, non-profit groups, government, religious institutions and more. Since there are so many places to find scholarships it can make it bewildering for you to research them. This is where our guide helps you. We'll take a look at the entire application process, breaking down each step so you have a better of understanding of where to look, how to prepare and tips on making your best first impression when applying.

College Scholarships - Application Guide

There are four steps entailing how to apply for scholarships. They are:

  1. Preparation
  2. Researching
  3. Organizing
  4. Applying

Read Full Article HERE

The above information is directly from and thanks to MoneySavingsPro