College education is becoming costlier day by day. The university fees, hostel rent, books, transportation and other mandatory expenses start haunting students from the day they clear their high school exams. Education loans seem to be the only way to garner funds. It is easy to borrow but not easy to pay. Graduates spend years paying off student loans. In the end you will find that you have paid
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more than you borrowed. Sometimes students do part times jobs with their studies to help repay student loans. It costs them heavily because students cannot concentrate on studies with job.
Scholarships can be the best option to fund college studies. There is myth among students that scholarships are meant for only outstanding students. It is not true. This myth discourages students from applying for scholarships. Do you know that billion dollars scholarships go unclaimed every year because no one applies for them? Students can use various sources to search for scholarships. You can search for scholarships on internet. Read books on scholarships to know about their sponsor and eligibilities. Different sponsors adopt different criteria for awarding scholarships. You should search vigorously for those scholarships, which come in the ambience of your eligibility.
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Leave federal government scholarships such as academic scholarships, athletic scholarships and departmental scholarships and move ahead to private scholarships. Federal government scholarships are granted mostly to talented students but you can be eligible for a private scholarship.
Corporate scholarships: Many corporate houses award scholarships to students. Sometimes these scholarships are awarded to those students, who show their willingness to work in their companies. In this way corporate scholarship can bring in job guarantee for students. The eligibility criteria differ from one company to another. You must keep an eye on large corporate houses.
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Religious scholarships: Many religious organizations provide financial aid to its underprivileged members for studying in the form of scholarships. If you or one of your parents is an active member of a religious organization then you have a chance to get scholarship.
Individual scholarships: Some rich people grant scholarships to needy students for charity. You can get long list of such persons from internet. They usually award scholarships to financially weak students.
Employer’s scholarships: Today many employers award scholarships to their employees and their children too for paying college fees. It helps employers to retain their human resource.
Danish Sisterhood of America scholarships: The Danish Sisterhood of America awards scholarships to its members and their progeny. If you are a member or child of a member then you can get scholarships up to $1,000 from Danish Sisterhood.
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Signers of the Declaration of Independence scholarships: If a student happens to be one of the descendants of those persons, who signed on the Declaration of Independence, then he or she can get scholarship up to $1,500.
Pageants scholarships: In America , you can get scholarships even by participating in local pageants.
Accordion player scholarships: Participants of the American Accordion Musicological Society Contest are eligible for a scholarship. They can get $1,000 scholarships.
Union scholarships: American organizations not only cater to the social interest of their members but financial interest too. Many unions help their members to study by awarding scholarships.
More scholarships are still to be added in this list. Sponsors do not award these scholarships on the basis of academic performance of the applicants. It is the peculiarity of these scholarships.
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