Scholarships
Scholarships (or "free money") are an attractive way to pay for college because neither you nor your child needs to pay them back.
Scholarships are offered by many organizations, including federal and state governments and private sources, such as:
- Employers
- Individuals
- Companies
- High schools and colleges
- Religious groups
- Professional associations
Scholarship eligibility
Each group has its own requirements, but scholarships are often based on:
- Academic performance
- Athletic achievement
- Financial need
- Religious affiliation
- Minority status
- Heritage
- Community affiliation
- Unique criteria that are important to the funding organization
Getting scholarships