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What High School Students must know to secure a scholarship. 

Lots of Parents and students alike may find the notion of applying for a scholarship to be quite overwhelming. Many individuals have a host of delusions as to how the scholarship process functions, where the money goes when they can apply and also if it ever gets less stressful.

If you are here, then you are in luck as this information wiill take you through all what a high school student should know about securing a scholarship.

The Basics

Apart from scholarships that are based on merit and provided straight through schools, scholarship comes from a host of sources. They could be funded privately through non-profit groups, businesses, individuals and other organizations. Every scholarship is distinct and comes in a range of various financial aids.

Even if the scholarship does not help in covering your entire college education, every little helps. Some scholarships which are privately funded can be sent straight to your school. There, the funds are used to pay for your room, tuition, the board as well as other billed materials. There are other forms of scholarships which will be transferred straight to you. You will have the responsibility of paying for all the costs associated with your education using this fund.

Places to find Scholarships

There are a host of methods of locating scholarships. A great place to begin is at your school. Regardless of if you are still a student in high school or you have already started in a college. If there is no scholarship information on the website of your school, ensure you make inquiries directly about the present scholarship opportunities.

When it has to do with local scholarships, it’s not a bad idea to ask around for info. Your church and local libraries are great locations to begin. You could also ask the employers of your parents or yours as well as any other community organizations or businesses.

To cover a broader area in your search, be sure to have a look at the numerous free tools online. These tools can give you the capacity to search thousands of scholarships available. Some of the great resources on the web to aid you to begin your search include http://FinAid.org and http://CollegeBoard.org.

Scholarship Applications – How to Apply

 

All scholarships come with their requirements. In some cases, you may be required to send in a personal essay alongside your application. Some applications are fast and straightforward while other might need much more involvement in comparison to others. Lots of scholarship applications come with strict deadlines. For this reason, it is essential to note these deadlines and make your plans around them. This is the case especially for applications that consume a lot of time.

Also, some scholarships are only for students in high school who have not yet begun college. The deadline for these forms of scholarships would be basically while you are still in high school, a senior or a junior. It’s best to make plans ahead if that is the case.

Maximizing your Opportunities

Maximize your chances by putting in for scholarships in places you have a higher probability of being selected. Some scholarships are solely for those who are a part of unique organizations like honor societies. Other scholarships are offered based on peak academic advancements. There are other scholarships provided based on unique interest or ethnic backgrounds. With the numerous options available, it is crucial to emphasize on scholarships you have a higher probability of winning. Don’t forgo a scholarship because the cash involved is not as much as others. The higher the number of scholarships you apply for, the higher your chances of landing one. Also, note that any amount you get will help you in reducing the overall cost of your college fee.

When you have made the decision to which scholarship you want to chase, invest the required time and give it all your best. This consists of noting the deadlines, reading the application terms carefully, researching about the previous winners of the scholarship and probably reaching out to them for inquires and making preparations beforehand. You want to ensure you don’t make errors just by rushing this process.

Think about methods you can make yourself stand out from other applicants and the distinct experience you can include in your application. Regardless of if it means sharing a unique life experience in your application essay or picking up a cause you are passionate about, you will need creativity and want to make an unforgettable impression.

Lastly, don’t be scared to ask others for assistance. Get family, counselors, friends or teachers to aid you in reviewing your submissions and sharing their feedback with you.

Few Things to Note

Not every scholarship offer you will find online or receive is legitimate, so it’s best to exercise caution. You don’t need to pay any fees to apply for scholarships. So stay away from any application asking for fees. If you don’t know if the scholarship is legitimate, do your research. There are resources you can use for free like the Better Business Bureau to aid you in confirming if the organization is legit.

Landing Free Money for College


Obtaining a grant will require applicants to file the Federal Application for Federal Students Aid, FAFSA. In some cases, they may also need to provide a bank statement and tax returns as additional documents. This can help in determining the financial need of the student. Colleges, universities, state agencies, companies, and federal governments are some of the providers of grants and scholarships.

FINANCIAL AID ELIGIBILITY

The need-based financial aid which a student is eligible to receive is described as the Financial Need. To calculate the financial need of a student, it is equivalent to the result of the deduction of the result of the deduction of the Cost of Attendance (COA) of your school from the Expected Family Contribution (EFC) of your family. A Cost of Attendance (COA) higher than the Expected Family Contribution (EFC) is necessary to be eligible for an aid which is need-based. In simple mathematical terms, Financial Need = COA – EFC

Expected Family Contribution

Using data which available from the FAFSA and CSS profile, the financial aid eligibility of a student can be determined by a school. The Expected Family Contribution (EFC) is the determining factor which a school uses in awarding a financial aid.

This number uses the income of the parents and student as well as information on assets to determine the ability of the family to pay for college. Other factors which it uses include the size of the household, the number of members already in college, and state of residence.

Cost of Attendance

The COA is usually made available by the school of your choice and will include the tuition, estimated living expenses, personal expenses, books, and others. It covers the entire duration of your enrollment.

The Financial Aid Award Letter

Most schools usually have a specific amount of need-based resources at their disposal. The financial aid office is responsible for meeting the Financial Need of each student using these resources. They also have the option of using other sources like the Unsubsidized Direct Student Loan to ensure they can offset the COA of the student.


The Pell Grant is available to students who are working towards a post-baccalaureate teaching certificate, a professional degree, or a bachelor’s degree. Although a lot of individuals may receive the grant, the amount for each individual may differ. There are various factors which determine the amount for each individual. Duration of enrollment, full-time or part-time course, financial need, and cost to attend the school are some of the factors which are considered.

The full amount of the Pell Grant is available to students who are running a part-time program (minimum) and below the age of 24, and have lost a parent in active military service after September 11, 2011, in either Afghanistan or Iraq.

Pell Grant Maximum for 2018–19 Announced. The maximum Federal Pell Grant for the 2018–19 award year (July 1, 2018, through June 30, 2019) will be$6,095. The amount an individual student may receive depends on a number of factors.

The amount of Federal Pell Grant funds you may receive over your lifetime is limited by federal law to be the equivalent of six years of Pell Grant funding. Since the amount of a scheduled Pell Grant award you can receive each award year is equal to 100%, the six-year equivalent is 600%.

If your LEU equals or exceeds 600%, you may no longer receive Pell Grant funding. Similarly, if your LEU is greater than 500% but less than 600%, while you will be eligible for a Pell Grant for the next award year, you will not be able to receive a full scheduled award.

Federal Pell Grants usually are awarded only to undergraduate students who display exceptional financial need and have not earned a bachelor’s, graduate, or professional degree. (In some cases, however, a student enrolled in a post baccalaureate teacher certification program might receive a Federal Pell Grant.)

You are not eligible to receive a Federal Pell Grant if you ae incarcerated. or subject to an involuntary   in a federal civil commitment upon completion of a period of incarceration for a forcible or nonenforceable sexual offense.

A Federal Pell Grant, unlike a loan, does not have to be repaid, except under certain circumstances.

Here are some examples why you might have to repay all or part of a federal grant.

  • You withdrew early from the program for which the grant was given to you.
  • Your enrollment status changed in a way that reduced your eligibility for your grant (for instance, if you switch from full-time enrollment to part-time, your grant amount will be reduced).
  • You received outside scholarships or grants that reduced your need for federal student aid.
  • For a TEACH Grant, you did not meet the requirements of your TEACH Grant service obligation.

Federal Supplemental Educational Opportunity Grants (FSEOG)

While not as well-known as the Federal Pell Grant program, the Federal Supplemental Educational Opportunity Grant (FSEOG) program is a great source of federal funding that does not need to be repaid after graduation.

The Federal Supplemental Educational Opportunity Grant (FSEOG) is available to undergraduate students with an extreme financial need. The funding for this particular aid is limited. This means that the first consideration will go to students who have an Expected Family Contribution (EFC) which is very low.

This grant is not available in all schools but the amount will usually go from $100 – $4,000 each year. The amount each student is entitled to and those who are eligible for this grant is usually determined by the financial aid office of the school. The financial aid award letter will have the amount available to each individual.

This grant is not available in all schools but the amount will usually go from $100 – $4,000 each year. The amount each student is entitled to and those who are eligible for this grant is usually determined by the financial aid office of the school. The financial aid award letter will have the amount available to each individual.

Teacher Education Assistance for College and Higher Education (Teach Grant)

This grant program is available to any student that is considering building a career as a teacher in a private or public school. The grant can provide up to $4,000 in aid. The College Cost Reduction and Access Act of 2007 resulted in the creation of this grant.

In order to receive this grant, a student will teach in a private or public elementary or secondary school which caters for low-income students for at least four years. This will be within a period of eight years after graduation. Failure to meet this agreement will lead to the conversion of the grant to a federal direct unsubsidized student loan.

This is available to grad students, undergraduate, and post-baccalaureate students in any college which is a participant of the grant.

Iraq and Afghanastan Service Grants

Similar to the Pell grant, this is available to students who have lost a parent or guardian due to military service in either Iraq or Afghanistan after September 11, 2011. The only restriction is that the student must NOT be qualified for the Pell Grant.

Similar to the Pell grant, this is available to students who have lost a parent or guardian due to military service in either Iraq or Afghanistan after September 11, 2011. The only restriction is that the student must NOT be qualified for the Pell Grant.

What is a Federal Supplemental Educational Opportunity Grant?

The FSEOG is awarded to undergraduates with the greatest amount of unmet financial need who also qualify for the Federal Pell Grant. Pell Grant recipients with the lowest expected family contributions (EFCs) will be considered first for a FSEOG. EFC is determined through a standard formula used by the Department of Education that calculates how much financial aid you are eligible to receive from the federal government.

Who may be eligible for FSEOGs?

Your FAFSA will determine your eligibility for FSEOG’s because some do not participate in the program.For every three dollars of federal money allocated to FSEOG, the institution is required to contribute one dollar. Currently, there are roughly 4,000 schools nationwide that participate in the program. Funding amounts change annually, so funding for one year could not be available the following year. If you are eligible for the Pell Grant and your school participates in the FSEOG program, you are eligible for this additional federal grant funding.

The federal government awards FSEOG grant funds to participating schools to supplement Pell Grants for the neediest students. Schools award funds

at their own discretion to Pell eligible students who still need to find money for college.

How much money can I get?

Most students receive between $100 and $4,000 depending on their intended college how much money is available, their EFC and general financial need, policies at your college’s financial aid office and when they apply. Funding levels may change annually at your college, so fill out or renew your FAFSA to maximize your funding opportunity. Students eligible for this award and the Pell Grant are eligible for additional federal grants, such as the Academic Competitiveness Grant.

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This federal grant is considered a college-based grant because it is disbursed by your intended college. If you’re eligible, your school will credit your account, pay you directly (usually by check), or combine these methods. Your school must pay you at least once per term ( either semester, trimester, or quarter). Schools that do not use semesters, trimesters, or quarters must disburse funds at least twice per academic year. Take the  first step in applying for  federal grants.

State Sponsored Programs

The financial aids available from different states are open to anyone studying in any of the colleges within the state. The student may be a resident or non-resident. The aid may be in the form of a loan, grant, or scholarship. Before some of the states will offer assistance, students may need to fill out an application which is unique to the state for consideration.

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Consider Your Local Options

If you study in-state, you are eligible for state grants. Check for grants in your field. High-demand fields typically offer more money. Be aware that state-sponsored grants that are career-specific have in-state working requirements after graduation. If you’re not sure where you want to work after graduation, weigh your options before accepting a grant with that restriction. Grants become loans if you do not hold up to your end of the deal.

Institutional AID

The financial aids available from different states are open to anyone studying in any of the colleges within the state. The student may be a resident or non-resident. The aid may be in the form of a loan, grant, or scholarship. Before some of the states will offer assistance, students may need to fill out an application which is unique to the state for consideration.

Employer or Corporate Funding

These aids are only open to individuals who are running a college program while also working. It is more common to get such aid if the course you are taking is in line with your career. Your company will often provide repayment of the tuition and other expenses. Visit the HR department of the company to learn more.