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What Are Some Main Scholarship Sources?

What Are Some Main Scholarship Sources?

What Are Some Main Scholarship Sources?

Scholarship Sources offer financial aid for education, but finding the right one can be challenging. To start your search, check with the scholarship department of your school, use online sources, ask your employer, and reach out to professional organizations and community groups. Being proactive and utilizing available resources can help you find the most suitable scholarship for your skills and qualifications.

What are some main Scholarship Sources?

1- Online Resources: One of the best places to start your search is online. Using free scholarship finders, most of the legwork could be done for you. You create a profile and that information can turn into hundreds of scholarship opportunities for you. Be sure to fill out every available field in your profile — even the optional ones — because the more information you provide, the more scholarships you can get matched with. Some of the most popular online scholarship finders are:

Fastweb.com – with a database of more than 1.5 million scholarships
Scholarships.com
Studentscholarshipsearch.com
Bigfuture.collegeboard.org
Scholarshipexperts.com
Google Search is another useful tool/source for finding scholarships. However, you have to be very specific when conducting your search otherwise you might not land on the right source. For instance, scholarships for second bachelor’s degree, scholarships for Middle Eastern students studying accounting in England, or specific scholarships for different field of Science or Art for students from X Y Z country. Like these examples, specify your particular needs and interests when you search which eventually increase your chance of writing a more relevant letter/profile. Available scholarships and search criteria can vary by web site, so try using at least two to boost your odds of success.

Read More: Finding The Best Scholarship Option

Scholarship Sources
Scholarship Sources

2- Universities and colleges: When you apply for your desired program to a college or a university, one of the first steps for you should be to contact the admission office, or read the university website to find out about the list of scholarships offered by the school itself. This might even be easier than the online source since schools usually offer variety of scholarships for different fields and alongside your application for your degree, you apply for the relevant scholarship as well. Don’t wait to inquire about scholarships until after you are admitted, which might not happen until the spring of your senior year. School-based scholarship applications can be due as early as the fall of your senior year before admissions decisions are made. In addition, asking about private donors who have provided funds for students pursuing a specific area of study at that university is another option. Some schools automatically consider applicants with grade point averages or standardized test scores that are above a certain threshold for merit scholarships. No additional scholarship application is required. Schools do this in order to woo top academic students.

3- Government agencies: Government agencies are one of the Scholarship Sources available to students. They offer scholarships and financial aid to support education and career development. These scholarships can come from federal, state, or local government agencies, and may be available for various fields of study, including STEM, healthcare, education, and more. Examples of government-funded scholarships include the Pell Grant, Federal Work-Study Program, and the National Science Foundation Graduate Research Fellowship. Eligibility for government-funded scholarships may vary based on factors such as income, academic achievement, and citizenship status.

Read More: How To Apply For A Scholarship Program?

4- Employers: Interestingly enough some businesses have scholarship programs available not only to employees but also to their children. If you are a student with a job, contact the human resource department to ask about potential scholarship opportunities. A lot of big companies offer scholarships to their employees to conduct a research in a specific field or to even boost their educational background for further improvements throughout their careers. However, this is the case for some companies. McDonald’s, for example, has a National Employee Scholarship Program that awards $1,000 to one employee in each state and the District of Columbia every academic year. In addition, the fast-food chain annually gives one $5,000 scholarship to the “McScholar of the Year.” Many large corporations (such as Walmart, Intel, and others) recognize student achievements by awarding scholarships. Management might be receptive to an opportunity to give back to ambitious employees.

scholarship source

5- Private foundations: Private foundations are another Scholarship Source that offer financial aid to students. These foundations are typically non-profit organizations that provide funding for education, research, and other charitable purposes. Private foundations may offer scholarships based on factors such as academic achievement, financial need, and community involvement. Examples of private foundations that offer scholarships include the Gates Millennium Scholars Program, the Jack Kent Cooke Foundation, and the Coca-Cola Scholars Foundation. Private foundation scholarships may have specific eligibility requirements and application processes, and may require applicants to submit essays, transcripts, and letters of recommendation.

6- Corporations: Corporations are also among the Scholarship Sources that provide financial aid to students. Many companies offer scholarships to support education and career development in various fields of study, including STEM, business, and the arts. Corporations may offer scholarships based on factors such as academic achievement, community involvement, and financial need. Examples of corporations that offer scholarships include Coca-Cola, McDonald’s, and Google. Corporate scholarships may have specific eligibility requirements, such as being a child of an employee, and may require applicants to submit essays, transcripts, and letters of recommendation. Additionally, some corporate scholarships may come with other benefits, such as internships or job opportunities.

Source: https://www.kiplinger.com/slideshow/college/T042-S001-top-sources-of-college-scholarships/index.html

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