Scholarships:
Thursday, May 21st, 2009It’s Not Too Late… But It’s Getting Close.
By Kevin Ladd, Vice President, Scholarships.com
Each year at about this time, I see students, desperate for financial aid of any kind, begin to despair juuuust a bit. “This scholarship is due in two days… I can’t put together a application/winning essay that quickly!” or something along those lines. Others complain that the deadlines have passed for many of the scholarships for which they might have applied. There is only really one solution for this and that is for you to begin searching for scholarships earlier in the year.
No matter how much or how hard you lobby, you won’t get scholarship providers to change their dates to suit you, so do the only thing you can and begin looking for money in January, if not sooner, of each year you are in college until either you finish school or no longer need money, whichever comes first. Remember that as you go into winter break this year. January 1st = FAFSA + Financial Aid Search.
Now, let’s look at your options for the coming academic year. There are still quite a few scholarships left out there with a deadline between now and the beginning of the academic year 2009/2010, but they are going to be far less plentiful. Your best bet to find as many as possible, as quickly as possible is to use a free scholarship search, like Scholarships.com. Your objective at this point is to find scholarships to improve your financial situation and then separate those whose deadlines have passed from those that haven’t and decide from there which ones work best for you. Here’s how your current approach should differ from, say, a January approach.
1. In January, you are looking for the biggest payoff and best fit. You want to apply to the scholarship that offers a large award, but that you are confident you have a good chance at winning. If it’s May, June or July, though, you need to sort your list of scholarships by date. The most important thing right now is that the scholarship is still available. Look at all those that are available and start on the ones due within the week first and work your way toward those with later deadlines.
2. In January, you probably have some time to research and prioritize the many scholarship applications you have in front of you. It’s much easier to be able to take the time to make sure you follow the rules and don’t hurt your chances by omitting a requested item or something of that nature. If it’s May, June or July, time is no longer on your side, but you can still find money for school. Remember, though, even though it is late in the year and time is short, you still need to make sure you follow the instructions of the scholarship provider or you are probably just wasting your time applying. You will have fewer scholarships to choose from at this time, and the one upside to that is that prioritizing should be a lot quicker.
These are just a few ways you can improve your chances of balancing everything you are trying to do at the end of your high school career and still find money for college. For more, check out http://www.scholarships.com.
Kevin Ladd is a Vice President at Scholarships.com. His essays and tips have been published on many websites, as well as print, video and audio form. He has been interviewed and/or featured on CollegeWeekLive, Kim Stezala’s book, “Scholarships 101: The Real-World Guide to Getting Cash for College” and the website for the National Scholarship Providers of America, among others. Kevin has been in the business of helping students find money for college for over ten years. Check out some of Kevin’s other musings and myriad other financial aid information resources at http://www.scholarships.com.
















