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Saturday, August 9, 2008

Money for college-All you wanted to know on College Scholarships


College scholarships are considered as a good alternative to student loans. Why good, because, when the students take loans for their job, they have to pay back after the graduation and that too with interests. This really becomes a tormenting condition for a student, especially, if he or she is looking for further studies. When a student goes for college scholarship programs, you have one thing right clear, and that is you have to be intelligent and above average student. You cannot simply apply for the scholarship program, because there is certain criterion that needs to be followed. There are college scholarships available, which are given out by administration in colleges and universities, and also in some cases, corporations or foundations dispense scholarship programs.
College Scholarships can also be need based, wherein the individual need of the students are addressed and looked before dispensing the scholarships. Don’t confuse your scholarship programs with financial aid such as the one in FAFSA. However, in case a student from a particular educational wing does not clear the educational requirements then obviously no scholarships at all! Yeah! It seems too hard to say that!
Another important point to make out here is that those need based scholarships are one step ahead than private scholarships. It is because, need based college scholarships offer more money than the private scholarships.
A good student would be the one who has a minimum GPA of 3.0, and majoring in a specific field of study. Most of the students are not able to maintain a consistent GPA, and if given a brief view on their academic details, there are many occasions when students have performed well in some situations, whereas at other times, their GPA made a sudden dip. Such students therefore become ineligible for the college scholarships.
Still, in many of the situations, the college scholarships go unnoticed because they are not advertised in the public, and the deserving students have to bear the brunt. Lastly, if you are really worthy and confident about how to avail scholarship for your study need, the best way would be to get in touch with individual faculty/department of study.