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The Scholarship and Grant Process

Understanding Financial Aid
Basic scholarship and grant advice
Best sources of free money
Campus-based scholarships and grants
Local and regional scholarships
National scholarships
College department scholarships
Letter of Special Circumstance
Scholarship and Grant Summary Chart
Loan Summary Chart

National Scholarships

National scholarships are extremely difficult to win.  Typically, there are so many applicants for each scholarship that the competition is extremely tough; to be competitive your application must be absolutely stellar. 

Example:  Each year a large corporation gives 200 regional scholarships ($10,000 over 4 years) and 50 national scholarships ($20,000 over 4 years).  Even though there are 250 scholarships available, there are more than 100,000 applicants.  Odds of winning one of these are very low due to the large number of applicants. 

However, if you’re interested in applying for a large national scholarship, you should.  Just keep in mind you’ll have formidable competition.

Recommendation: Apply to only those national scholarships whose eligibility requirements are so specific that the number of scholarship applicants is reduced.  As a result, such scholarships are less competitive. 

Example:  A women’s golf association offers a scholarship of $8,000 over 4 years to only female golfers with high academic achievement.  If you qualify for this golf association scholarship, your chances of winning are good because the number of applicants is limited (only senior-year high school females who consistently golf are eligible to apply and only those with excellent grades will win).

To find national scholarships that may be worth applying to, register with scholarship search engines.  Announcements of scholarships matching your interests, experience, lifestyle and college major will automatically be e-mailed to you with explanation of how and when to apply.

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