help with scholarships for a high school senior (easy 10 pts.)?
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1. Endowments. An endowment is when a wealthy family sets up large amounts of money to help out students at the college where they attended. Expensive schools have *lots* of endowment money to give to students. You can check the Peterson’s book (in the library) to find out how much each school has in endowments and what percent of the student body is receiving scholarships.
2. Other scholarships. There are independent groups and individuals who give scholarships to whomever they choose. Sometimes they have very specific requirements for application, based on the field of study, ethnicity, age, etc. You can research these at the library or at the university you choose.
3. Free money via Pell grants and/or loan money via Perkins loans or Stafford loans. Your parents have to fill out a Free Application for Federal Student Aid (FAFSA) form, and you must maintain a certain level of credit hours and GPA to keep getting the funds. The loans must be paid back to the government after you finish school, but they only charge like 3% interest. Here’s the link:
http://www.fafsa.ed.gov/
4. Work-study programs. Get a job on campus, or even better, get a good paying job like UPS and go to school at the same time. MANY people do this.
If you want to keep your education costs low, start out at community college. It’s inexpensive and it’s a good education (for two years). At that point you can transfer over to a state university, which is also reasonably priced.
Hope this helps you! Best wishes!
http://www.thebigwww.com/scholarship.html
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