What is a Scholarship?
A scholarship is money awarded to help pay for your education. Scholarships don’t have to be paid back, and they can be based on many things, such as your grades, talents, interests, community involvement, or future career plans. Some scholarships are one-time awards, while others can be renewed each year.
How to Apply for Scholarships
Start by researching opportunities from schools, local organizations, employers, and national programs. Carefully read the requirements and deadlines for each one. Applications often ask for transcripts, letters of recommendation, and essays- so give yourself plenty of time to prepare. Keep track of what you’ve applied for and follow up if needed.
What are Grants?
Grants are funds that help pay for school and do not need to be repaid (unless you withdraw or fail to meet certain requirements). Most grants are awarded based on financial need, which is determined by forms like the FAFSA. Federal, state, and tribal programs all offer grants to help make education more affordable.
Other Funding Sources
In addition to scholarships and grants, you can explore:
- Work-study programs Part-time jobs on or near campus that help you earn money for school.
- Tuition assistance from employers Some workplaces will help pay for college classes.
- Education savings plans Accounts like 529 plans that help cover future costs.
- Community and tribal programs Many local and regional organizations offer their own education funding.
Here Are Some Resources!
BBEDC’s Harvey Samuelsen Scholarship Trust