Tag Archives: scholarships

A Scholarship Strategy

scholarship

Are you looking for ways to support your child’s academic journey without breaking the bank? Creating a scholarship strategy could be the answer! Encouraging your students to apply for scholarships can not only alleviate financial burdens but also open doors to incredible opportunities.

Here are some tips to help guide your child through the scholarship application process:

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UVM to Offer Scholarships and Cash Prizes in New Pitch Challenge for High School Students

scholarships

UVM is excited to announce the Vermont Pitch Challenge, a new entrepreneurial-focused competition that gives high school students in grades 10-12 from across the world a chance to pitch innovative and impactful business plans–all while competing for cash prizes and full-tuition scholarships to UVM. The new program is free to enter and offers young students a unique opportunity to learn from UVM faculty and alumni as well as top entrepreneurial experts about how to write a business plan, create a compelling pitch, and achieve their ultimate career goals.

The Vermont Pitch Challenge gives high school entrepreneurs from across the globe the chance to pitch innovative businesses that make a difference in their communities. Along the way, participants will learn from top experts during monthly webinars about how to write a business plan, create a compelling pitch, and achieve their goals–all while competing for cash prizes and scholarships to the University of Vermont. Learn More.

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Scholarship Friday: $6000 for Black Women in Stem

When I come across a scholarship that can help students and their families pay for college, I like to share it. Today’s scholarship is from BestColleges and there are five of them available for $6000. If your student qualifies, make sure they apply.

scholarship

Scholarship Overview

On average, Black women in STEM earn salaries that are 45% lower than their highest-paid peers. BestColleges is committed to breaking down barriers for students in underrepresented communities, who desire careers in the most competitive fields. This year, we’ll be giving away five $6,000 scholarships to Black women who are currently pursuing careers in STEM.

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Understanding College Financial Aid

financial aid

Those two little words, “financial aid” can be music to a parent’s ears. I know they were to mine. But I had no idea the different types of aid available or the varying awards that colleges can make when they offer admission.

I was surprised to find that private colleges tend to be generous with their merit aid because they have institutional funds available; while public universities will offer less aid because of their strict budgets and large student populations. That’s why private colleges can often cost less than a public university even though their price tags are higher.

When my daughter applied to college we knew we were going to need help paying for it. Since we were not in the financial category that would receive federal grants, we hoped for other types of aid in the form of college grants and scholarships. Some of the colleges she applied to were private universities and some were public. When accepted, she received varying degrees of financial aid awards from the different colleges, both public and private.

One state university offered her aid in the form of student loans, but no grants or scholarships. Another private college offered her a full-ride in the form of a four year scholarship meeting 100 percent of the financial need. Her first choice college, a private university, offered her student loans, work study and parent loans, which did not meet the balance of our EFC (Expected Family Contribution). This is called “gapping” and colleges often do this to students who are accepted but do not qualify for merit aid. The college she chose offered a combination of awards: college grants, honor scholarships, student loans, and work study that met the difference between the cost of the college and our EFC. It wasn’t the full-ride or her first choice, but it was her second choice and was a perfect fit for her.

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What Are the Odds of Winning a Scholarship?

winning a scholarship

Over 1.7 million scholarships are awarded annually; however, only 7% of college students will receive a scholarship. On average, first-time undergraduates who receive government grants and scholarships at a 4-year college receive about $14,890 annually. On average, a student who receives a scholarship or grant at a private 4-year college will receive $8,005 more than a student in a public 4-year college.

That sounds depressing and you might ask what are my odds of winning a scholarship, but all hope is not lost. Many students and their families have applied for scholarships and used them to pay for college. But, you need to know the facts.

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5 Tips for a Focused Scholarship Search

scholarship search

With the myriad of tasks in a student’s life, it’s difficult to find the time to devote to a scholarship search. Not only is it difficult to find the time, but it’s even more difficult to stay focused. If scholarship money is the largest part of your college budget, then staying focused with your eye on the prize should be a priority, especially during junior and senior year.

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6 Ways to Search for College Scholarships

college scholarships

For college-bound students, scholarships can fill in the gap between what you can afford and the cost of the school. Most students believe college scholarships are a pipe dream if they aren’t athletes or 4.0 students. But nothing could be further from the truth. There are thousands of scholarships available for the taking. You just need to find them.

There are six key places to look. But remember: Finding them is half the battle. You have to put in the effort to apply and be vigilant in paying attention to requirements and deadlines.

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The Truth About Athletic Sholarships

athletic scholarships

Most of us have seen the movie Blind Side. The young man achieves his dream of a college education by receiving a full-ride athletic scholarship to the University of Mississippi. While this was indeed a true story, it is apparently a rare occurrence.

Karen Weaver, an Ivy League-educated consultant shared her expertise on the athletic recruiting process.  Karen’s experience includes positions as a Director of Athletics, adjunct professor, and head coach for schools at the NCAA Division I, III, and small college levels.

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STEM Scholarships

STEM scholarships

STEM careers have become a national priority and students who aspire to careers in science, technology, engineering, and math will be happy to know that STEM scholarships abound.

Often, when you apply for scholarships in a specific area of interest, the competition is much less than if you apply for national scholarships with thousands of applicants. The fact there are fewer applicants improves your odds of being offered the scholarship.

STEM scholarships may be plentiful but how do you find them?

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