The news is full of stories about people racking up huge amounts of debt in order to attend college, but you may be able to earn your degree without spending a fortune. Grants are one type of financial aid that does not have to be paid back, and scholarships are another. There are seemingly endless types of scholarships available if you take the time to look!
Scholarships are a form of financial aid awarded to students to help them pay for tuition, room and board, and any necessary supplies. They do not need to be repaid; you can think of them as a gift. Scholarships may be based on your academic achievements, your talents, your athletic abilities, and many other factors. Some scholarships are federal awards, which mean that the FAFSA is required in order to apply for them.
StateUniversity.com offers a thorough college financial aid guide and college scholarship listing but I’m also going to provide some further examples of types of scholarships right here.
It’s important to realize that this short list does not include all types of scholarships out there – that would be next to impossible! My best advice? Search around! You never know where you can find free money for school, so be sure to visit our scholarship information section often to check for updates.
Melissa Rhone earned her Bachelor of Music in Education from the University of Tampa. She resides in the Tampa Bay area and enjoys writing about college, pop culture, and epilepsy awareness.
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