how to earn “free” money scholarships:. scholarships what are scholarships? what types of...
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H O W T O E A R N “F R E E ” M O N E Y
SCHOLARSHIPS:
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SCHOLARSHIPS
• WHAT are scholarships?
• WHAT types of scholarships are out there?
• WHEN should students apply for scholarships?
• WHERE can scholarships be found?
• HOW do you apply for scholarships?
• HOW do you navigate the process?
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WHAT IS A SCHOLARSHIP?
• A gift of money that does not need to be paid back• Sometimes a check to student• Sometimes a check directly to the college or university
• Offered to students who meet certain requirements
• Majority will target college-bound high school students
• School or organization’s financial investment into a student’s potential to succeed, make a difference and embody their institution’s core values
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TWO CATEGORIES OF SCHOLARSHIPS
• Merit-based• Awarded to
recognize outstanding academic performance, athletics, talents and/or leadership abilities.
• Need-based• Awarded to those
who demonstrate financial need.
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TYPES OF SCHOLARSHIPS
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COLLEGE/UNIVERSITY SCHOLARSHIPS
• Also known as “Institutional Awards”
• Most common type of scholarship
• Based on a variety of factors:• Merit, financial need, intended major, ethnicity
• University-wide or particular college or major
• Honors Colleges/Programs within a college or university
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COLLEGE/UNIVERSITY SCHOLARSHIPS
• Might be automatic when submit financial aid forms• School’s financial aid officer will have details
• Watch deadlines!!!!• Scholarship deadline might be BEFORE the
college application deadline• If you miss it, you will not be considered for any
institutional scholarships
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INSTITUTIONAL SCHOLARSHIPS—IN STATE COLLEGES
Washington State University
• University Achievement Award• GPA and SAT/ACT requirements $2,000 to $4,000 for 2 years
• Regents Scholars Program• Competitive merit scholarship, Nominated by high school• GPA and SAT/ACT requirements • All nominated earn $4,000 for 4 years• Distinguished Regence Scholar: • Full tuition and fees for 4 years • 10 Per Year
• WSU Visit Program Awards• Destination WSU: Come to visit in spring $1,000/year for 4
years
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INSTITUTIONAL SCHOLARSHIPS—OUT OF STATE COLLEGES
Boise State University
• Gem Scholarship• 3.6 GPA (AND)• SAT combined Reading and Math 1170 (or )• ACT 26• Waiver of entire full time nonresident portion of tuition for
out of state residents (about $12,000/year)• Renewable for 3 more years
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INSTITUTIONAL SCHOLARSHIPS—PRIVATE COLLEGES
Gonzaga University• Freshmen Merit Scholarships• GPA and SAT/ACT and maintenance of good academic
standing• $3,500-$16,000 per year for 4 years
Seattle University• Trustee Scholarship -- $20,000/year• Campion Scholarship -- $16,000/year• Bellarmine Scholarship -- $12,000/year• Arrupe Scholarship -- $7,000/year• All Renewable up to 4 years
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WESTERN UNDERGRADUATE EXCHANGE (WUE)
Regional Tuition-Reciprocity Agreement• 150 participating 2 year and 4 year STATE
FUNDED institutions • 150% Resident Tuition Rate• Example:• Resident Tuition Rate: $10,000• WUE Rate: $10,000 x 1.5 = $15,000 • Non-Resident Rate: $20,000• Savings: $20,000-$15,000 = $ 5,000 (per year)
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WESTERN UNDERGRADUATE EXCHANGE (WUE)
• Number of WUE Awards Changes Each Year• Some institutions off all or most of majors• Some select majors• Check institutions profile on website
• Can Be Selective
• Most Do Not Require Financial Need
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SCHOLARSHIPS FOR PARTICULAR FIELD OF STUDY
Professional organizations or companies affiliated with majors offer scholarships to entice
students into their field.
• Based on a student’s intended are of study
• Most common areas of study: education, health, science, technology
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SCHOLARSHIPS FOR STUDENT ATHLETES
Traditional Athletic scholarships
• Sponsored by the college or university
• Very competitive• Must market self to recruiters• Get advice from coaches
• Run by the NCAA, NAIA or NJCAA• Be familiar with regulations• Grades important / minimum standards
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SCHOLARSHIPS FOR STUDENT ATHLETES
• Athletic-Related Scholarships
• Sponsored by sports related companies, foundations, associations• Often connected with athletics some way
• Based on accomplishments in high school—not on playing at the college level
• Can find in same ways you find other scholarships
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OTHER TYPES OF SCHOLARSHIPS
• National Scholarships:• More competitive• Examples:• National Merit Scholarship• Gates Millennium Scholars• Intel Science Talent Search• Coca Cola Scholars Foundation
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OTHER TYPES OF SCHOLARSHIPS
• Local Scholarships• Northshore Scholarship Foundation• Northshore PTSA• WHS PTSA• NEOPA • Rotary Club or the Kiwanis
• Scholarships from:• Parent’s employer• Your Employer
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OTHER TYPES OF SCHOLARSHIPS
Scholarships based on:
• Artistic abilities (art, film, dance, music)• Ethnic background • Medical disabilities (Cancer, Epilepsy, etc.)• Community service• Religious affiliations/communities• Environmental causes• Military• Union affiliation• Parents’ fraternity or sorority
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TIMELINE FOR APPLYING
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Drag picture to placeholder or click icon to add
F R O M S C H O L A R S H I P S . C O M
Large majority of scholarship deadlines are within the months of February-April.
FEB
MARCHAPRIL
January February
March April
May June
July August
September October
November December
When to apply for scholarships?
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WHEN TO APPLY FOR SCHOLARSHIPS?
• Year Round
• Majority of deadlines February, March and
April
• Search regularly
• Variety of grade levels
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FINDING SCHOLARSHIPS
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WHERE TO FIND SCHOLARSHIPS
• Check College and Career Center at WHS• Updated Monthly list• Online on the Career Center’s Website
• Check the website and Financial Aid Office of the school the student plans on attending (institutional awards)
• Check with local organizations and community foundations
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WHERE TO FIND SCHOLARSHIPS
• Purchase a scholarship book• Not all scholarships are online• “The Ultimate Scholarship Book 2014” or “2014 Scholarship Book”
• See Senior Handbook: Useful Web Resources• Downloadable at the College and Career Center
Website
• Create profiles with online scholarship search sites• Billions of dollars of scholarships
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INTERNET SEARCHES
• Student creates a profile• Narrows scholarships applicable to them• Some offer other college planning tools too• thewashboard.org• fastweb.com • scholarships.com• bigfuture.collegeboard.org/scholarship-search• petersons.com/college-search/scholarship-search.aspx• scholarshipexperts.com• collegescholarships.com—list of sites• LIST in Senior Handbook
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WHAT TO LOOK FOR IN A SCHOLARSHIP SEARCH SERVICE
• Profile matches are key.• Look for sophisticated matching technology.• Beware of simple keyword search services. • Beware if only ask a few questions.
• Easy process• Check that it is easy to edit and save student’s profile.
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WHAT TO LOOK FOR IN A SCHOLARSHIP SEARCH SERVICE
• Up to date scholarship information• Look for current academic year.
• A Focus on finding scholarships• Look for primary purpose is to help find scholarships.• Avoid overly commercial sites.• Avoid sites that compromise privacy.
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HOW TO APPLY FOR SCHOLARSHIPS
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HOW TO APPLY FOR SCHOLARSHIPS
• A lot like applying for college• Start with large number Narrow down so it’s manageable
and not overwhelming.
• Complete and Submit Applications• Essays• Recommendations• List of Achievements• High School Transcript• Standardized Test Scores• Financial Aid Forms (i.e.. FAFSA)• Parents’ Financial Information• Proof of Eligibility for Scholarship
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NAVIGATING THE PROCESS
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HOW TO NAVIGATE THE PROCESS
Get organized
• Pull together the necessary information. • Academic Information • GPA, SAT/ACT scores
• Recommendation letters• Personal essay• Resume: • Extracurricular activities, community service,
volunteer work, job, list of obstacles overcome
• College choices
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HOW TO NAVIGATE THE PROCESS
Create a list of eligible scholarships
• Create a personal inventory:• Who are you? Where are you headed?
• Create a resume or list of accomplishments
• Create a list of affiliations
• You need to be a great self advocate
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HOW TO NAVIGATE THE PROCESS
Set Timelines
• Create a scholarships calendar with deadlines• See Chart “Timeline for Applying for Scholarships”• From University of Portland
• Create a spreadsheet of deadlines and requirements
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Excel Spreadsheet or Word Table
Scholarship Deadline Amount Letter of Rec Essay TranscriptTest Scores
(SAT or ACT) Other
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HOW TO NAVIGATE THE PROCESS
Start applying
• Be sure to read the directions, qualifications, and
fine print carefully
Stay Organized
• Separate file for each scholarship• Organize in order of deadline
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Accordion File Folder Systems
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Mini-File Cabinets / Accordion Files
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SCHOLARSHIP SCAMS
Illegitimate programs take advantage ofloose rules and regulations regarding scholarships.
Red Flags for Suspicious Scholarships:• Application fees – if there is a fee it should be VERY MINIMAL• Hard-to-Reach scholarship provider• No recent winners• Website woes• Unsolicited scholarship offers- you should have to take
part in an application process• Limited time offers• “Free Seminar” or “Candidate Review”
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SCHOLARSHIP SCAMS
Red Flags for Suspicious Search Services:• “Secret” scholarships or “Exclusive” searches• “Guaranteed” scholarships
If it sounds too good to be true, it probably is!
How to Investigate:• Better Business Bureau• Trade Commission • State Department of Consumer Protection
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FINAL THOUGHTS
• Applying takes time and dedication.• Thousands of dollars that can be earned makes the effort
worthwhile.
• Stay positive.• Hard work and time will pay off eventually
• Remember: Determination might not be the most glamorous talent, but it works!
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RESOURCES
Useful Scholarship Tips and Advice• Scholarships.com• Scholarshipexperts.com• Collegeboard.org• Petersons.com
• WHS Senior Handbook
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THANK YOU!HAPPY SEARCHING!