Finding Scholarship Opportunities
The vast majority of the
nation's institutions of higher learning offer various types of scholarship,
granting money to college students based on a host of criteria such as academic
merit, financial need, and in some cases, racial or ethnic background.
Although the application
process can be complicated and redundant between scholarships, a great deal of
money is available for those who are willing to jump through the right hoops
and prove their merit and/or need.
Finding Out About Available Scholarships
Your child's high school
guidance counselor should have a great deal of information on local
scholarships. From there, you can consult the college's financial aid office.
Many corporations offer college tuition aid or reimbursement to their employees
and some offer scholarships to their employees' children. In addition, many
religious organizations offer scholarships.
Review college financial aid
books at your library. Some of them have extensive listings of sources that you
can't find elsewhere. Contact both the U.S. Department of Education and your state department of education.
Many books have been written on the application and qualification process, which
can help guide you through the process, which you can also access at your local
library or bookstore. Finally, search the Internet for the numerous websites
offering college savings calculators and information on financial aid. Start
with the website of the college or university you want to attend, as well as
local and national banks offering loan programs. The College
Board is another valuable source
of comprehensive information.
Helpful Tips
You can significantly reduce
the cost of your college experience using some of these helpful tips:
- Plan to spend your first two years at a community college.
- Live at home and commute, if possible.
- Work part-time, particularly in your desired field of future employment.
- Join AmeriCorps and earn education awards in return for national service.
- Join the Reserve Officers Training Forces (ROTC); it will pay for tuition, fees, and books and also provides a monthly allowance. You'll have to serve four years as an officer in the military after graduation.
- Work full-time at a company that offers tuition reimbursement.
- Take advanced placement courses in high school; convert them into college course credits by scoring sufficiently well on advanced placement exams.
Funding college isn't easy,
but the rewards are clear.
If we at Kemp Harvest Financial Group can
help you in any way with regard to your financial planning needs, please feel
free to contact
us.
For more topics like this, check out our radio show
“Retirement Plain and Simple” every Saturday morning at 8 on WNPV 1440 AM
and like
us on
Facebook!
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