6 Scholarship Myths

 

 

There are a lot of false assumptions floating around in the scholarship world.  Many students leave money on the table because they are misinformed and believe in myths.  The following are actual statements I have had to address with students and parents:

Myth #1 Scholarships are only available to students with GPAs of 3.0 or higher.

Truth:  The higher the GPA the better but scholarships are available to students with a 2.0 GPA and some with no GPA requirement.

Myth #2    I can’t apply to school X because it is too expensive.

Truth:  The more expensive a school, the more money you may be eligible to receive.  Do not let the price tag keep you from applying.

Myth #3   I make too much money; only low-income students can get help paying for college.

Truth:  There are an equal number of scholarships that are not based on income but merit, talent and circumstances.

Myth #4   I will have plenty of time to look for scholarships in my senior year.

Truth:  Your senior year may be busy and stressful.  If you wait until then, you may miss 50% of scholarships that you qualify for. Your search should begin in your      freshman year, and you should continue to look for scholarships while you are in college.

Myth #5  I’ll just apply for one or two scholarships.

Truth:  Applying for scholarships is a numbers game.  The more you apply for, the more you are likely to receive.  Check out the variety of scholarships my son received.

Myth #6  I don’t have time to apply for scholarships.  I have a busy schedule.

Truth:   First of all, perhaps a reassessment of what is most important is needed.  I have seen highly qualified students miss out on scholarship opportunities because they are too busy. The hardest part is getting started with the process.  Once you have 2-3 good essays, they can be tweaked and reused.

A good website to further debunk these myths is jlvcollegecounseling.  A listing of scholarships is provided that come from various criteria. Scholarships are available for students from elementary to graduate school.

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