All Your Teen Needs to Know to Snag (a lot of) Scholarship Money

All Your Teen Needs to Know to Snag (a lot of) Scholarship Money

Did you know that there are literally billions of dollars in scholarship or grant money available each year available to ALL types of students? What must be noted is that the search process to access these cannot be hit-or-miss. It needs to be taken seriously as time and effort must be put in to the searches and doing what's necessary to apply. Rarely does one scholarship cover even a single year, so that's why students must be aware of the need to apply for multiple scholarships. It is recommended by Kim Stezala, Scholarships 101: The Real-World Guide to Getting Cash for College to go on no more two sites to start, then expand if you're not successful finding what you need. Here are some of the sites she recommends: Scholarships.com is one of the best known and is reported to have tracked $19 billion in scholarships. After you complete a profile, the site will filter your criteria to generate a list. It's about...
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How Your Teen Can Clinch a Merit Based Scholarship

How Your Teen Can Clinch a Merit Based Scholarship

According to MONEY Magazine, 3 Ways to Get More College Merit Aid, the percentage of students receiving merit aid has tripled in the past 20 years. In 2014-15, approximately two-thirds of full-time students paid for college with grants and scholarships. Approximately 57 percent of financial aid dollars awarded to undergraduates was in the form of grants. They tend to be more available at private schools. State schools do not typically offer merit scholarships. According to the MONEY Magazine's List of The 46 Best Colleges for Getting Big Merit Scholarships, only about 9% received scholarships. A few exceptions are making the effort to use merit scholarships to lure more out-of-state students, i.e., Alabama, North Dakota and South Carolina. Colleges that typically have a 20% acceptance rate have only 7% receiving merit aid. At schools where at least a third of their students received merit aid, the average acceptance rate was 61%. Ultimately, it's usually the lesser known schools that offer the most merit grant money....
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