Tips to Finding College Scholarships

Where to Find Money for Higher Education

Martha Fry
Venturing into the world of college scholarships, I quickly became astounded at the intricacies of the process. I was also amazed to find that there is much more money out there than I ever imagined. There are so many options, in fact, that the chore can become overwhelming.

However, I have estimated that my time and effort in obtaining college scholarships for two of my daughters has resulted in obtaining scholarship money in the equivalent of $600 per hour. Nothing else I do earns me that kind of money, so I regularly work my "second job" as a scholarship hound.

Here are some tips I have gathered along the way:

FAFSA

The first stop on anyone's scholarship search should be the Federal student aid website (FAFSA.gov). While Pell Grants are based on financial need, fill out the forms even if you don't think you will qualify. I filled out the FAFSA my older daughter's freshman year and did not qualify for a Pell Grant. The following year, based on the previous year's rejection, I did not even bother. Bad decision.

With newspapers tightening the reins on their freelance budgets, my income had diminished. With my reduced income, my daughter qualified for the Pell Grant. Luckily, we had not missed the deadline for filing for the previous year, and she was able to obtain the grant and still have it applied to her account.

Specific Scholarships

Check with the school your child plans to attend. Many schools have internal scholarship money available. While most people only think of athletic scholarships, many schools have additional monies available. Some are tied to academic achievement or SAT scores; others may be available based on need. My daughter obtained an Opportunity Scholarship at Middle Georgia College to help defray her costs.

Next, look at your children's clubs and activities. Many organizations have exclusive scholarship money available. Two of my children are involved with the Civil Air Patrol, the Air Force Auxiliary. CAP offers annual scholarships for members.

For a time, my son was involved with a First Lego League robotics class. Competitive teams are formed all across the country, and the organization links members to scholarship opportunities. While some are school specific, for 2011 there is a total of $14.8 million available through 932 different scholarships for team members.

Search Locally, then Globally

Check local businesses and utilities. My electric coop offers several different scholarships. High school counselors should have information on local scholarships. This information should also be made available to parents who, like me, homeschool their children by simply contacting the appropriate school for your district.

Lastly, do an internet search. There are several scholarship search engines, including Fastweb and Scholarships.com, which allow you to input specific information and retrieve scholarship opportunities based on your qualifications. These sites also provide information on contests.

Don't rely solely on the search engines, however. Do a degree-specific search on your own. I found significant information at AvScholars.com., a website I discovered by searching specifically for "aviation scholarships," as I have a daughter studying in this field.

More from this Contributor:

Saving Money on Your Cell Phone Bill

Saving Money on Wedding Decorations

Save Money With a Few Lifestyle Changes







Published by Martha Fry - Featured Contributor in Business & Finance

Martha Fry works as a freelance writer and editor. An accountant who worked at Peat, Marwick & Mitchell and Price Waterhouse, she also does financial consulting and often writes on business and personal fina...  View profile

10 Comments

Post a Comment
  • Ji Park8/27/2011

    Fastweb and Scholarships.com = Not worth the time. Maybe ten years ago they were..

  • Teresa Mahieu5/13/2011

    Thumbs up...

  • Nancy P. Goodman, in Tennessee5/12/2011

    great info, Martha, thanks!

  • Jack Wellman5/12/2011

    PS, I checked FAFSA & FASTWEB too and didn't qualify. Will check out the others.

  • Jack Wellman5/12/2011

    Martha, this is fantastic. I am having to drop out of seminary for my masters and did not qualify for FALSA since my wife is a teacher & our combined income is too much, even thou I don't get paid as a pastor (poor & small church) and work only part time. Thank you. Bookmarking this one friend. You are a God send.

  • Michele Starkey5/11/2011

    Our Rotary Club also offers scholarships :) cheers

  • Lee Hansen5/10/2011

    Boy do I remember helping many a student with finding scholarship money. Great resource.

  • Delicia Powers5/10/2011

    Great thanks!

  • leroy coffie5/10/2011

    good important info

  • Lori Gunn5/10/2011

    Great article - pray for a pell grant :)

Displaying Comments

To comment, please sign in to your Yahoo! account, or sign up for a new account.