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Types Of College Scholarships
There are more than 6,000 college scholarships listed on the U.S. Department of Labors Scholarship Finder, with more than 8,000 total awards. While large grant funds can go unclaimed, scholarship funds tend to be awarded because there are typically more applicants than funds to go around.
Scholarships can be merit based, which students earn by meeting or exceeding certain standards set by the scholarship-giver and can be awarded based on academic achievement or on a combination of academics and a special talent, trait, interest or background.
Other scholarships are based on financial need. Scholarship award amounts can run the gamut from a few hundred dollars to thousands of dollars and can be awarded as a one-time scholarship, annually or full-ride scholarships.
There also are scholarships for students who are veterans, future or active military personnel or family members of active or future military personnel, such as Reserve Officers Training Corps and veterans service organization scholarships.
Other college scholarships are based on affiliation, such as:
- Association or fraternal organization membership
College scholarships for women include general scholarships, as well as those focused around engineering, science, math, aviation, nursing, technology, legal, medical and graduate programs.
College Board Scholarship Search
College Boards Scholarship Search engine has long been an industry leader for locating scholarship and grant money. It partners with over 2,200 programs and has a number of filters to help you narrow down your options.
You can enter personal and academic information to find scholarships for which youd qualify or you can search for scholarships by type. Some scholarships honor academic achievement, while others prioritize students involved in certain activities.
The search engine is just one of the reasons to be using CollegeBoard.org.
Don’t Miss: Helping Hands Book Scholarship Program
Try Your Financial Aid Office
Your financial aid office will be able to give you information on different types of scholarships from federal agencies, state agencies, work study, and other campus scholarships.
After checking with your parents employer your financial aid office should be the next step.
Note: your school’s financial aid office is typically first-come, first-serve. It’s important that you apply early, and fill out the FAFSA. If you don’t fill out the FAFSA, you won’t be eligible for any scholarships from your school.
Also, if you’re declined early on, you might check back in the summer after people have made their decisions to enroll. Some people who were offered scholarships may decline enrollment, opening up access to more funds which you could be awarded.
How To Find College Scholarships
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Scholarships are one of the best ways to pay for college – it’s free money. It’s why we list scholarships as our #1 option on our list of Ways To Pay For College.
Here’s what you need to know about finding college scholarships.
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Tips For Applying For A Scholarship
As you begin your search for scholarships to help you pay for school, here are some key tips that can make it possible for you to maximize your chances of success:
- Use multiple scholarship search engines.
- Start long before the upcoming school year.
- Dont ignore the small awards many small scholarships add up fast.
- Meet deadlines.
- Ask a parent or school counselor to review your essays and give feedback before you submit them.
- Dont be afraid to be honest about your accomplishments.
- Check to see if universities in your area offer scholarship workshops where you can learn more tips.
- Apply for as many scholarships as you can to improve your odds of winning.
If youre applying for many scholarships, keep a spreadsheet where you can track the scholarship names, deadlines and application statuses. Remember, the more scholarships you apply for, the more likely it is that youll be able to significantly lower the cost of college tuition.
Use The Us Department Of Labors Free Scholarship Search Tool
When it comes to finding scholarships online scams are plentiful. One way to prevent getting scammed is to use the US Department of Labors Free Scholarship Search Tool.
You can use this website to search for scholarships based on state, study level, and affiliation. This makes finding more scholarships you might be eligible for easy.
Read Also: Air Force Aid Society Scholarship
What To Watch Out For
There are tons of legitimate scholarships and grants you can apply for. While you should take your time and apply for as many scholarships as possible you also want to be on the lookout for scams. As a general rule of thumb you should never pay an application fee and be wary of scholarships services that guarantee success. You also shouldnt pay for a list of scholarships. If you look in the right places you can find scholarships yourself.
If after applying for scholarships youre still left with a hefty tuition bill be sure to check out our Ultimate Guide to Student Loan Debt for everything you need to know to make intelligent student financing decisions. And you also may be eligible for student loan forgiveness based on your degree so be sure to check that out too.
What Are Scholarship Search Engines
College scholarship search engines, sometimes called scholarship finders, are databases that college students can use to find scholarships and grants. This helps students afford tuition without needing to rely on student loans.
Depending on your situation, you may be able to find scholarships based on your financial need, merits, community service, heritage, gender, orientation and life experience. Some also benefit students who engage in unique hobbies, like duck calling.
You can typically search for scholarships and grants by category, or even enter information about yourself and your activities, and the scholarship finder will match you with ones you might be able to get.
Also Check: Non Traditional Student Scholarships And Grants
What Kind Of Scholarships Are Available And How Do I Find Them
There are several different type of scholarships. Some scholarships are merit based, meaning your grades need to be kept to a certain level to receive them or you need to show exceptional performance in something such as a sport or extra-curricular.
Other types are awarded based on location, income, demographic , or degree based. While trying to find scholarships its important that you look for the ones in which you actually qualify for.
Here are some of the best strategies for finding college scholarships.
Like this infographic? You can find a printable version here: .
The 2022 Scholarship For Students Pursuing A Paralegal Degree Is Open
At McCleery Law Firm, our attorneys understand the financial burden of pursuing a paralegal certificate. Our team also understands how important paralegals are to any law firm. This is why we have decided to continue the Paralegal Scholarship Contest for a second year. While this may not be a full ride scholarship, small grants and scholarships for paralegal studies can really count when calculating the cost of your education.
Our goal with this scholarship is to help alleviate some of the financial burdens of obtaining your degree while also supporting future paralegals. We also love to give back to our local communities. Learn more about the vision we have at McCleery Law and our founder and owner, Greg McCleery.
To apply for the scholarship, we are asking students to write a 500-word essay about why you decided to achieve a paralegal degree and what you hope to accomplish once you graduate or receive your certificate.
We will be judging essays on cohesiveness and originality. The chosen winner will receive $1,000 to put towards their tuition on behalf of the team at McCleery Law Firm.
When calculating the cost of law school, dont underestimate the power of a helping hand. For more scholarship opportunities please explore the US Department of Labors free scholarship search tool.
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Prior Years Scholars Program
2015 DOL Scholars Program
In 2015, five scholars from recognized research institutions were competitively selected to participate in the 2015 DOL Scholars Program.
Patricia Cortes, Assistant Professor of Markets, Public Policy, and Law, School of Management, Boston University
Biography: Dr. Cortes is an empirical labor economist working on international migration and gender. In her work she has studied how low-skilled immigration affects prices and the labor supply of high skilled women in the US, the role of foreign nurses in the US healthcare system, and female migration flows in East Asia. Dr. Cortesâs work has been published in the Journal of Political Economy, the Journal of Labor Economics, the American Economic Journal: Applied Economics, the Journal of Human Resources, and the Journal of Health Economics. Dr. Cortes obtained her PhD in Economics from MIT and a Masterâs and Bachelorâs degree in Economics from La Universidad de los Andes in Bogota, Colombia. She has also been an Assistant Professor at the University of Chicago, Booth School of Business and a Visiting Scholar at the Federal Reserve Bank of Boston.
Suqin Ge, Associate Professor of Economics, Virginia Tech
Study: Asymmetric Employer Learning and Racial Discrimination
Amit Kramer, Assistant Professor of Labor and Employment Relations, University of Illinois at Urbana-Champaign.
Try State Based Grants
You can find state based scholarships and grants in our guide here: Student Loans and Financial Aid by State. Just click on your state and see if there is anything available for you.
State based grants come in the form of free financial aid. Some states will require that you complete the FAFSA to see if you qualify to receive a grant. Other states will require that you complete a different application. You should be able to get more information on the requirements at your colleges financial aid office.
Here are some of the different types of state based grants available:
Needs Based Grants These are awarded based on financial need.
Merits Based Grants These type of grants are awarded to those who exhibit above average performance. This could be in the form of extra-curricular activities, such as being a star athlete, or academic performance.
Some states also award a hybrid of needs/merit based grants.
High Need Fields of Study Your state may award grants to students studying in high need STEM fields.
Student with Disabilities You may also find special state grants, and even scholarships, if you have a disability.
Its important to note that most state grants are awarded on a first come, first serve basis so make sure you get your application in on time.
Also Check: How To Apply For Scholarship
Borrow Using Federal Student Loans
If you do not have enough grants, scholarships, and savings to cover the cost of college, you will need to borrow money. Consider using a federal loan first. Federal loans have benefits such as income-driven repayment plans, postponement options, debt consolidation, and loan forgiveness programs that private loans do not offer. Student loans are a great way for students to establish credit.
A number of different types of federal student loans are available to students and parents. Regardless of your income, filling out the FAFSA qualifies you for unsubsidized federal student loans and many qualify for subsidized loans.
How much can I borrow in federal student loans?
The amount of money you can borrow depends on your loan type, year in school, and the total amount borrowed to date. Remember, you dont have to accept all the aid youre offered especially student loans. Check out the Federal student aid handout to learn more
Scholarship Search Tips & Advice For Parents
What youll learn
- Why its important to start searching early
- Who can help your student find and apply for scholarships
- Free scholarship websites your student can use
Looking to piece together your paying-for-college plan? Consider free money, like scholarships. The following search tips and resources will help you get started.
When your teenager says that they are bored, share this suggestionstart looking for scholarships for your higher education. Scholarships are free money and, unlike a loan, they dont have to be repaid. While your student has some down time, its a great opportunity to start searching for scholarships that can support their higher education without costing anything for your family.
Why start the scholarship search early
Its important to start searching for scholarships early, since some applications may have deadlines a year out from when the dollars are released. That means if your student wants to earn these scholarships to cover their freshman year college costs, theyll need to fill out the application the summer before their senior year of high school. Also, it takes time to do the research necessary to find all the available types of scholarships for which your student may be qualified.
Before starting the scholarship search
High school counselors are an asset in your search
Get matched with college scholarships
Our free Scholarship Search helps you find scholarships as unique as you are.
How to get going on the scholarship search
Also Check: Can You Get Scholarships For Master’s Programs
Types Of Aid And Eligibility
We recommend that you and your students visit StudentAid.gov/types for information on financial aid from the federal government and from states, schools, and private sources. Eligibility criteria for federal student aid are described at StudentAid.gov/eligibility.
Have Your Parents Check With Their Employer
There are many employers that will award scholarships to the children of their employees. Have your parents check in with the HR department at work.
Here are just a few places that do have scholarship programs for children of their employees:
If youre currently employed its also a good idea to check in with your employer to see if scholarships are offered.
Also Check: Scholarships For Education Majors In Florida
As A Last Resort Use Private Loans
Private loans are offered by private institutions such as banks and credit unions. Private loans typically have less flexibility for the borrower and are more expensive than federal loans. If you do need to use private student loans, shop around to find a lender that offers you the lowest interest rate and the most generous borrower protections.
Ford Foundation Predoctoral Fellowships
- All U.S. citizens, U.S. nationals, and U.S. permanent residents individuals granted deferred action status under the Deferred Action for Childhood Arrivals Program 1 Indigenous individuals exercising rights associated with the Jay Treaty of 1794 individuals granted Temporary Protected Status asylees and refugees, regardless of race, national origin, religion, gender, age, disability, or sexual orientation
- Individuals with evidence of superior academic achievement and
- Individuals committed to a career in teaching and research at the college or university level in the U.S.
Recommended Reading: Navy Rotc Scholarship Application Status
What Types Of Scholarships Can You Apply For
There are scholarships for students of all walks of life. Regardless of your background, experiences, area of study or academic track record, there are likely scholarships available for you. Examples include:
There are also several bizarre scholarships that you might not expect to see but that can provide hundreds or even thousands of dollars in financial aid.
The important thing is that you take the time to do the research necessary to find as many scholarships as you can. The more free money you can obtain to help you pay for school, the less youll need to borrow.