Money does seem to make the world go round these days and that is not
always a good thing for anyone looking to advance himself or herself. If you cannot afford
an education then you are missing out on the chance to fulfill your own potential. This can
actually have a knock on effect on the rest of the surrounding area. You may have skills that could be
of great service to another and yet never have the opportunity to develop them, and that is
why it is extremely important to seek out any way possible of fulfilling your potential and
developing yourself to the fullest extent. That is in fact where scholarships come in!
Scholarships and grants can provide a fantastic source of financial aid
for individuals who either
deserve it in terms of their talent or are struggling as a result of
financial hardship. In some
cases, the individual actually falls under both category headings.
Regardless of where they fit
into the scheme of things, talented individuals that need help can get
it from a scholarship or
grant.
A scholarship is a financial merit-based award that a student would
have to apply for. The
scholarship may be a package of financial aid to help the student. It
could include housing and
course materials as well as tuition, or just the tuition. It may only
be a percentage of the tuition.
This is dependent on the terms and conditions of the scholarship itself
and what it offers. It may
last for an academic year or for the duration of your degree course.
However, it will always have
conditions attached, and this will most likely relate to your grade
point average. It would have to
remain above a certain level for you to qualify for the scholarship.
A grant is totally different. Again, you would have to apply for it,
but it would be a one off
payment that would be awarded to you for a specific purpose. It may be
a specific topic you are
working on would be eligible for funding and you were given a grant of
a set amount to help.
You may be eligible for a housing grant if your family's income level
is below a certain level.
Whatever the reason for the award, it is a one off payment of a set
amount.
Scholarships can be applied for by anyone attending an academic
institution for a period of
time. The application forms are usually quite extensive and can take
hours to fill in properly.
One slight mistake on the form could get it discarded, so the most
important thing for you to do
is actually read through the instructions and comply with what it is
asking from you to the letter! There will literally be thousands of candidates
for any scholarship so you have to be able to
make your application stand out from the crowd in order to obtain the
funding. It does help if you
have a gift for certain ones, but the majority just want to help
someone who needs the funding
and stand out from the crowd.
The one rule is do not lie. If you do they will find out during the
course of their investigations and
considerations, and your application will immediately be rejected!
Always be honest and show
your awards and merits up in the best light possible if you want
results. It may also be worth
applying for several scholarships and grants at any given time so that
you are not putting your
eggs in the one basket. It never hurts to have a back up, especially
where college and money is
concerned!
Scholarships and grants can be difficult to get to grips with if you
have never had experience of
them before so it is essential that you fully understand the process
and concept before
beginning to apply. Financing is important for college students these
days so you owe it to
yourself to do the best you can in terms of your application. It is
your future after all!
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