Scholarships

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This is a FAFSA4caster question.

Scholarships are another source of aid that can be used to pay for school. It is money for school that you will not be expected to repay. The amount of the scholarship award can range from paying for your books to paying for tuition.

Scholarships come from a variety of sources: schools, employers, individuals, private companies, nonprofits, faith-based organizations, or professional organizations.

These sources offer scholarships for a variety of reasons. Some are offered to students that have financial need. Some scholarships have academic requirements like a certain GPA or enrollment in a particular major. There are athletic, music, and art scholarships. There are scholarships for minorities and first generation students; and some for students with certain community affiliations or religious affiliations.

Because scholarships are offered for different reasons and by many sources, it is important that you understand that each scholarship has its own requirements and deadlines, so you should begin searching for scholarships as soon as possible. You should also know that in most instances you should not have to pay to apply for a scholarship.

For more information about federal student aid, visit StudentAid.gov.

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