When Can I Start Applying For Scholarships
Most scholarships are open to graduating seniors and undergraduate students. There are also scholarships open to juniors, as well as graduate students, and even those who have just graduated and are entering the workforce.
The costs of higher education can be steep but applying as early as your junior year can give you a head start on meeting your financial needs for college. Though most scholarships are targeted towards seniors or undergraduate students, you can apply earlier if you are in good academic standing.
Thereâs no right or wrong time to find scholarships youâre eligible to apply for, and itâs never too early or too late to apply.
However, it is important to look at the application deadlines for the scholarships youâre considering. Some scholarships are awarded annually and only open for a few months, while others are one-time events. Make sure you apply before the application deadline listed in order to be considered.
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Is Scholarship Money Taxable Income
Typically, the answer is no scholarships are not counted in income tax.
Scholarships are not taxed as long as the following criteria are met: 1) The money you received from your scholarship is less than the total amount your institution costs, 2) you are completing a degree at an accredited school, 3) the money is not compensation for a task or job you completed, and 4) the money is not labeled for other costs like room and board.
To make sure your scholarship isnât taxed, only use your scholarship money for qualified education expenses. Under IRS guidelines, qualified education expenses mean mandatory course expenses, such as textbooks, and mandatory tuition costs.
Expenses such as room and board or travel costs are not counted as qualified education expenses. However, most accredited colleges or donors will not dictate that you use your money for room and board or other specific expenses.
In the event that you receive more scholarship money than you need, you donât necessarily need to turn down the money. However, you must now report the extra funds in your taxes.
Any scholarships won through Bold.org will be sent directly to your college or university’s financial aid office and are then applied directly to your education expenses, meaning Bold.org scholarships are not taxable income.
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Barbara L Wilcox Scholarship
Awarded to a student enrolled in the School and pursuing teacher certification who can demonstrate financial need. Must have a 3.0 GPA. Special consideration shall be given to minority students. Students who receive the scholarship for their junior year shall be eligible to apply again for their senior year, so long as they remain qualified.
Where To Find Scholarships Grants And Fellowships
Grants, scholarships, and fellowships are all, technically, gifts of money for education that dont need to be paid back by the student. But although theyre similar, there is some distinction among these three terms:
A grant is usually awarded based on financial need and provided by federal or state governments as well as individual colleges. At the federal level, an example is the TEACH Grant, which is awarded to graduate students who are studying to pursue teaching in a high-need field or school.
At the state and college level, for example, a student interested in Oglethorpe Universitys education degree program may qualify for a school-provided Oglethorpe Grant and a state-provided Georgia Tuition Equalization Grant, both of which are need-based. To obtain grant funding, the first step should be completing the FAFSA.
A scholarship, on the other hand, usually has some additional requirement beyond need . Students may need to demonstrate merit through high grades, personal or professional experience, affiliation with a group, selection of a major or career path, or a combination of these. Scholarships are usually offered by private foundations or organizations , though states and colleges may offer them too. Usually, scholarships have their own applications, though they may also require a FAFSA.
Wherever you begin your search, remember that you should never pay for scholarship information money should flow to you, not the other way around.
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New York State Math & Science Teaching Incentive Program
Overview: This program helps students who are working to become math and science teachers. Students enrolled in undergraduate or graduate programs may qualify to receive an award in exchange for five years of full-time employment as math or science teachers for grades 7-12 in NYS.
Key criteria: The program is open to applicants who are U.S. citizens or eligible non-citizens attending a college in NYS and have a GPA of 2.5 or higher. Applicants must also sign a service contract and be in compliance with any service condition associated with the NYS award.
Award information: Annual payment equal to yearly tuition for an NYS resident student enrolled in an undergraduate program at the State University of New York, or actual tuition
How to apply: Complete a program application online.
Scholarships For Elementary Education Majors
Elementary school teachers help lay the educational foundation for students from kindergarten to eighth grade. But before they can do that important job, they need to spend several years on their own educations. And there are many scholarships for elementary education majors to help. Many of these scholarships are offered by local community organizations across the U.S., such as the Blackford County Community Foundation in Indiana. Others are provided by national organizations, like the American Association of University Women. To be eligible, applicants often must attain a specified minimum GPA. Letters of recommendation and a personal essay outlining ones reasons for pursuing a career in elementary education also may be required. If you’re looking for the right elementary education scholarship, the list below is a great place to start.
- 1 Award
- 1 award
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Things To Remember Faqs And Tips
Before applying for scholarships through the Community Foundation of Southern Indiana it is important to review the Scholarship Information Packet, Frequently Asked Questions, as well as the Foundations Code of Conduct Policy and Residency Policy. It would also be beneficial to review the Dates to Remember so you can stay on track with your application and know what to expect.
What Are The Qualifications For Scholarships In Indiana
Qualifications for Indiana college scholarships vary based on the scholarship. Some are merit-based scholarships for college students in Indiana. These scholarships for college students in Indiana are given to students based on their academic achievement or because of their sports performance. Even for the athletic achievement scholarships, students usually must have decent grades to earn them. Theyre competitive since only a small number of students may receive the scholarships. Sometimes, scholarships are for a full ride, meaning they cover the entire tuition expense for the students education.
Some scholarships for Indiana students are considered to be easy scholarships in Indiana. These scholarships may take into consideration other factors than academic achievement, or they accept students who dont have a 3.0 GPA or higher. For instance, easy scholarships in Indiana may be for students of a certain ethnicity or who are veterans. Sometimes, these Indiana scholarships are based on a students household income or for students who have a guardian whos a veteran. On the other hand, sometimes the scholarships are for students who are pursuing a particular career path.
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William A Crawford Minority Teacher Scholarship
Overview: Black and Hispanic individuals who intend to teach at an accredited school in Indiana upon graduation may qualify for this scholarship. Upon graduation, they must teach in Indiana for a minimum of three years.
Key criteria: The applicant must be a U.S. citizen or eligible non-citizen and live in Indiana. They must also be admitted or currently attending an eligible Indiana college or university as a full-time student and maintain a minimum GPA of 2.0.
Award information: Students with financial need may receive up to $4,000 each year. Students who do not demonstrate financial need may receive up to $1,000.
How to apply: Visit ScholarTrack.In.gov to apply by September 4th . You must also submit a FAFSA.
Ready To Start Your Journey
Scholarships are the lifeblood of college for many students, including Indianas best and brightest. Some scholarships are solely Indiana resident scholarships, meaning out-of-state students dont qualify. Sometimes, college scholarships for Indiana residents require a student to have lived in Indiana for a certain length of time before becoming eligible for the scholarship. A student may look for Indiana resident scholarships at the school of their choosing. They just have to read the guidelines to see if theyre eligible. A student may also find organizations that offer scholarships and grants. These options often offer college scholarships for Indiana residents, or they may accept students who are earning a degree in Indiana. Some dont have any specific requirements regarding residency.
Students who want to attend an Indiana college should also look into grants from the state and federal government rather than college scholarships for Indiana residents. These dont have specific requirements for a students residency. Its important for a student to evaluate the options available through their educational institution as well as whats available at a state and federal level. Even students who dont qualify for scholarships may still receive financial aid through the state of Indiana or the federal government.
College Consensus wants to help Indiana students to find the scholarships that will help them. We have listed programs in alphabetical order.
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How To Win Grants And Fellowships
The first step to receiving a grant is completing your FAFSA as soon as possible its available starting October 1st for the following school year. Though students have until June 30 to complete the form, many states and colleges have earlier deadlines. States and colleges may also have additional applications for you to complete.
To win financial aid grants, you must demonstrate need. However, theres another type of grant that graduate students may seek. Like grant monies provided to nonprofit organizations, some grants may be available from private foundations or organizations that support research, community service, or professional activities.
Graduate students wishing to receive fellowships or grant funding may find these tips helpful:
Top Scholarships For Education Majors In July 2022
Educators are the lifeblood of a country they help shape our youth and create a promising tomorrow. Schools around the country, especially those with largely low-income students, are facing shortages of teachers. As a result, encouraging people to major in education is more important than ever, and many scholarships for education majors have popped up to make it easier to major in education.
This list of scholarships for secondary education majors and other aspiring teaching professionals is tailored for people all around the country. For more specific education majors, please check out our state scholarship guides, and the websites of the schools you are considering!
- Eligibility: All postsecondary students, regardless of the type of training/education they are pursuing
- Amount: $500
- Eligibility: High school or college/university students with a 3.0 or higher GPA who have created an innovative project for their community
- Amount: $500
- Deadline: The 20th of each month
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How To Apply For Scholarships In Indiana
Finding the right scholarships can be a daunting task, but sites like Bold.org help make this process much easier for applicants. Start by making a free profile with Bold.org by answering some basic questions about your background, education level, and interests. Your location might also qualify you for certain opportunities Indiana scholarships are exclusively available to those living in Indiana, and so on.
Once youâre registered, hundreds of scholarships are available at the click of a button. Bookmarking scholarships youâre interested in and filtering your scholarship searches by grade level or area of interest are two tools that can help you keep track of your options.
You can apply to many of these scholarships simply by pressing a button. Others will require a short written statement. Apply to as many scholarships as you see fit, and keep in mind that applying to more scholarships will increase your chances of winning.
Remember to continue to apply to new scholarships throughout your journey as a student, as new scholarships are added every day. Categories youâre interested in, like scholarships for art majors or Indiana scholarships, will continue to grow as new opportunities are created.
How Do I Receive My Scholarship Money
How you receive your scholarship winnings will depend on the scholarship you applied for. Some scholarships will opt to send the money to the financial aid office of the institution youâve committed to. This means you wonât have full control over how the money is spent by your schoolâs financial aid office, but this guarantees your scholarship funds will be used automatically for tuition charges.
If you have questions about how the money is being used, reach out to your school’s admissions office directly.
Certain scholarships might send you a check through the mail directly, allowing you to decide exactly how to spend the money. This information can often be found in the scholarship description. You can always get in contact with the scholarship donor and ask about how the money will be sent to you if you need more information.
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Hammond Tri Kappa Scholarships
Established in 1901, Tri Kappa is a philanthropic organization with 8,250 members across Indiana working to raise $1.5 million yearly for charity, culture, and education. The Hammond Chapter has five distinct scholarships open to local students through March 30th. For example, the Key Scholarship helps non-traditional students who have experienced an interruption in education for at least five years. The Fine Arts Scholarship focuses on undergrads studying dance, drama, visual art, or music.
Be United States citizens living in Hammond, Indiana
Graduate from an area high school with good standing
Matriculate full-time at accredited junior or senior colleges this Fall
Indiana Legion Auxiliary Past Presidents Parley Nursing Scholarship
This scholarship is only available for female nursing students, has a duration of two years and a March deadline for the submission of applications. There are some quite specific eligibility requirements relevant to this program, which include:
- Applicants have to be daughters, granddaughters or great-granddaughters of members of the American Legion Auxiliary
- Applicants must also be members of the American Legion Auxiliary and resident in Indiana and
Applicants must either currently be enrolled in or planning to be enrolled in a nursing program at an Indiana institute of higher education.
Further factors that have to be taken into account when determining eligibility include interest in the nursing professional, financial need and academic record. Further information about this program can be requested from the American Legion Auxiliary, Indiana Department, 8945 North Meridian Street, Indianapolis, IN 46360 .
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The Teach Grant Program
Overview: The TEACH Grant provides scholarships for education majors who commit to teach in high-need fields in low-income areas for at least four academic years.
Key criteria: Students must meet eligibility criteria for federal student aid, complete the FAFSA, be enrolled at a TEACH Grant-eligible program at a participating school, meet specific academic requirements, receive TEACH grant counseling, and sign an agreement to serve.
Award information: Up to $4,000 per year
How to apply: Contact the financial aid office at your school and ask if any programs are eligible for the TEACH Grant. Then request information on how to apply.
Indiana And Student Debt
In Indiana, the average borrower owes $30,661, which is about $6,000 less than the national average. Though Indiana may have less overall debt than other states, a majority of Indiana students still borrow money for university annuallyâ 60%, to be exact.
As of the 2020-2021 school year, there were 423,379 students enrolled in college in Indiana, with 343,833 pursuing undergraduate degrees. Additionally, 65% of undergraduate students and 60% of graduate scholars were enrolled full-time. 52% of Indiana university attendees enroll at a public four-year college, and 21% enroll at two-year public institutions.
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National Merit Scholarship Program
Overview: The National Merit Scholarship Program offers scholarships through an academic competition based on the scores students achieve through the Preliminary SAT/National Scholarship Qualifying Test.
Key criteria: To participate in the competition, students must be a U.S. citizen or U.S. lawful permanent resident with the intent to become a U.S. citizen, take the PSAT/NMSQT and attend high school with plans to graduate and enroll in college.
Award information: $2,500
The Billye Suber Aaron Legacy Scholarship
Overview: This scholarship is designed for full-time college students enrolled at Clark Atlanta University, Spelman College, Morehouse College, and Texas College. Its a need-based renewable scholarship.
Key criteria: Applicants must be college sophomores with a minimum GPA of 2.5. They must also be U.S. citizens or permanent residents, complete a FAFSA and demonstrate unmet financial need.
Award information: Amount varies.
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