How do you pay for college? If you answered scholarships, you’re on the right track! You see, scholarships are grants of money given to students to help pay their college tuition. They can be based on any number of factors, including race, religion, GPA, extra-curricular activities, or even your major!
In this article, we’ll discuss the different types of scholarships that are available and how to get them!
Read on to find out more!
Academic scholarships are merit-based and are usually awarded based on a student’s GPA, SAT/ACT scores, class rank, or other academic achievements.
These types of scholarships can be offered by private organizations or corporations as well as by colleges and universities. Some academic scholarships may also require you to maintain a certain GPA in order to receive them each year.
For example, if you have an academic scholarship that awards $1,000 per semester but requires a 3.0 GPA, you’ll need to maintain at least a 3.0 in order for your scholarship money to continue coming in each semester.
The same goes for any stipulations that might be placed on your award letter; read through it carefully before signing anything!
Athletic scholarships are awarded by colleges and universities to students who are exceptional athletes. These scholarships can be in any amount, but they’re usually given out on a per-year basis.
In other words, if you receive an athletic scholarship for $10,000 per year, that’s how much you’ll get each year that you attend college.
This type of scholarship is very competitive because there are so many talented athletes out there. If you want an athletic scholarship, it’s best to start working on your skills early in high school and keep practicing until you reach college age.
To be eligible for these types of scholarships, you’ll have to prove yourself as a top athlete but don’t worry too much about that until you get into college.
Full-Ride Scholarships are what most people think about when they hear about scholarships. These are typically awarded by colleges or universities and will cover tuition, room and board, books, fees, and sometimes even a stipend for food or personal expenses.
The application process is usually very competitive, with many students applying for one full-ride scholarship. In fact, in some cases, there may be hundreds of applicants for just one full ride!
If you’re going to apply for a full-ride scholarship you need to have excellent grades (at least a 3.5 GPA), high test scores (usually SAT/ACT + at least 1200 on your math section), and outstanding extracurricular activities that show you have leadership potential.
STEM Scholarships are awarded to students who plan on majoring in a Science, Technology, Engineering, or Mathematics field.
These scholarships can be based on GPA, ethnicity, or other factors. For example, if you’re a minority student with a 3.5 GPA and are interested in studying computer science, you may qualify for a National Society of Black Engineers scholarship. The average amount awarded is $2,000 per year.
To find STEM scholarships, start by looking at your school’s website and see what they offer. You can also check out sites like Fastweb or Collegeboard to search for awards by major/field of study.
Military Scholarships are offered by branches of the military. For example, The Army, Navy, Air Force, and Marines all offer scholarships for students in their branches. These are usually reserved for undergraduate students who are active duty or ROTC (Reserve Officer Training Corps) cadets.
These scholarships can be based on merit or financial need. Many times there is a minimum GPA requirement as well as other eligibility requirements that must be met.
Visit your local recruitment office for more information about these programs and how to apply for them.
Religious Scholarships are awarded by churches, synagogues, and other religious organizations. The majority of these scholarships are offered through private organizations, but some are sponsored by individual congregations or faith-based colleges.
To qualify for a religious scholarship, applicants must be active members in good standing with their church or religious organization. Students may also be required to maintain a certain GPA.
Check with your church or synagogue for more information on how to apply for a religious scholarship.
Scholarships for Women
Scholarships for Women are awarded based on merit and gender. The idea is that women have been historically underrepresented in certain fields, so these scholarships help balance out those numbers.
If you’re a woman, or you are planning on studying a field that has traditionally been dominated by men, then you might want to look into scholarships for women.
You can find scholarships by searching through organizations like The National Society of Collegiate Scholars (NSCS) or The American Association of University Women (AAUW).
Government Scholarships are offered by Federal, State, and Local Governments.
You can search for government scholarships at your local library or online at Federal Student Aid.gov. There are also private scholarship websites that offer government scholarships as well. These include Fastweb and College Board’s Scholarship Search Service.
Be sure to read through all application requirements carefully before applying. For example, some applications require a teacher recommendation, so make sure you get one early!
It is always best to start looking early for government scholarships in order to avoid any last-minute rush when school is about to start. The more time you have, the better chance you have of winning a scholarship!
Community Service Scholarships
Community Service Scholarships are one of many types of scholarships that are awarded based on a student’s community service. These scholarships are often offered by local organizations and non-profit groups, but can also be found at colleges and universities.
Students who wish to apply for these scholarships should have a history of community service in their high school and/or college careers.
Some schools require that students complete a certain number of hours per semester or year, while others will accept any student with a record of community service.
Students can also find scholarships based on their level of involvement in specific organizations, such as 4-H clubs or Rotary International.
These types of scholarships often require some sort of application, but usually do not require academic achievement as an entrance requirement.
Many different awards are available through local organizations, so it is important to start looking early!
Needs-based Scholarship is a type of scholarship that is awarded based on financial need. If you have a financial need, you may be eligible for these scholarships.
To be eligible for need-based scholarships, students must demonstrate financial need by completing a FAFSA (Free Application for Federal Student Aid).
Most colleges and universities require students to complete a FAFSA in order to be considered for institutional aid. In addition, many private scholarships are also needs-based.
When it comes to paying for college, scholarships are always highly sought after. Along with Financial Aid, Scholarships are a huge part of how many families make their way through college. The really good news is that scholarship opportunities abound; the bad news is that there are so many scholarships out there, it’s easy to get overwhelmed with choices, and finding them can be a full-time job in itself.