The Different Types of Scholarships and Why You Shouldn’t Rely on Them

Are you an excellent student who hopes to go to the university of your choice? That’s an exciting prospect. You may even qualify for a scholarship. We’re going to tell you about two different types of scholarships. Just be sure that your future education isn’t riding solely on being offered one.

Merit-Based Scholarships

Universities want to attract a certain type of student, so they offer merit-based scholarships that will cover some or all of a person’s tuition. While some scholarships are based on test scores and academic performance, others are based on extracurricular activities that include everything from sports to the performance arts. The university you hope to attend will have more information about the criteria they use to select students for scholarships.

Private Scholarships

These scholarships are offered by private organizations or individuals that are not connected to the school or the government. These scholarships generally require a specific application process. You won’t be considered simply because you applied to a certain school or for student aid.

You should definitely apply for any scholarships you qualify for. However, if you are relying on money from these scholarships to go to school, the likelihood of you getting to go is iffy at best. Whether or not a person is deemed to meet the requirements and how the applications are considered are subjective by nature. Thus, it doesn’t lend itself to any guarantees. Always have a plan on how to fund your college experience without private scholarships.

College Funding and Aid Planning in Southern California

College Planning Source wants you to be able to reach your education goals. To that end, we offer college funding and aid planning and advice. To learn more, give us a call today at 858.676.0700 or contact us via our website.

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