The Truth About Scholarships & Financial Aid
Posted on Jan 01, 2010 under Financial Aid, Scholarships | Comments are offThe misconceptions about Scholarships and Financial Aid are endless. The most common is that it is: “Getting a scholarship is hard” people think that your chances are so slim, like 1 in a million. That is not the case at all. The truth is the more scholarships that you apply for the more you increase your chances of actually getting a scholarship.
The same principal goes for college grants as well. The difference is in the application process because with grants in some cases you need a co-signer. However the guidelines for college grants aren’t as strict as those of scholarships. With scholarships you have to take a specific amount of courses and maintain a specific GPA. With student loans…forget about it lets just focus on getting scholarships and grants free money for college.
College Scholarships are Free
The first thing that should come to mind when you think about college scholarships is the word free.
You do not have to pay to apply for a college scholarship. When you see advertisements for a scholarship that is not
free that is a red flag and most likely a scam.
Applying for Scholarships Online
When you apply for scholarships online there are a few things to expect:
Combining Scholarships and Financial Aid
The title of this paragraph is self explanatory: “Yes you can Combine Scholarships and Financial Aid. Many people don’t realize that you can combine financial aid: Scholarships, Grants and student loans can all be used in conjunction to pay for your College Tuition. Also you can use multiple sources of each for example: You can use more than 1 scholarship, grant or student loan – you can have as many of each that are needed to pay for your tuition. Read more… »