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News-ranked private institutions, more than 100 private colleges charge at least ,000 or more for the current academic year.But finding the best options can be a daunting task.
It is very easy for students to be attracted to no-essay scholarships and those who spend HOURS “applying” and then complain that they never win should look closely at the sort of awards they are spending the majority of their time on.
Time filling out surveys hoping to win a scholarship drawing is totally different from time spent writing essays and submitting applications from small businesses that truly want to help students pay for college.
The theory is a student looking for scholarship money will eventual need a loan to cover whatever funding gap they are trying to fill.
So the next time you (or your student) comes across a scholarship that only asks for contact information and doesn’t require an essay, think a little longer about what that company is really trying to do and whether this is truly a scholarship or merely a sweepstakes.
The burning question here is, do websites and no-essay scholarship sites like Scholarship Points actually choose real students and send them scholarship money? I know this because one of my sons won a $1000 scholarship from Scholarship Points! Did the scholarship money affect the financial aid that he was already receiving at his college? Actually, my son hardly spent any time filling out surveys.
He was contacted via email and had 3 DAYS TO RESPOND. Instead, he faithfully grabbed the free 300 points offered each week and the 35 free points given for logging in daily. He won the scholarship money in the fall and school had already started with financial aid funds already dispersed to students, so the money was just added to his tuition account where he could use it for books or whatever miscellaneous charges that came later in the semester.
Hundreds of thousands of students “apply” for no-essay scholarships and the odds of winning can be compared to winning the lottery.
The truth that many families don’t realize is that the biggest source of college funding is actually the school itself.
Bank information, social security numbers, and drivers’ license numbers should never be shared and if a site asks for this data, it is a red flag and should be clicked away from immediately.
Another reason for having a dedicated scholarship email is so students can quickly delete any spam that gets sent to them and respond if they have been selected to receive a scholarship award.