Lifelaunchr is a regular contributor to the Edmodo Blog. With articles written by Venkates Swaminathan, Founder/CEO of LifeLaunchr, the site provides parents and students with virtual and in-person coaching for all aspects of college planning, starting as early as freshman year. Watch for a new post regularly on the Edmodo blog and find out how you or your student can better prepare for a life-changing experience in college.
I hear it from parents all the time. “But it’s too early, isn’t it?” “But our daughter isn’t an athlete.” “But we don’t qualify for need-based assistance.” There are so many myths about scholarships that pervade people’s thinking, and each of them can keep you, or your child, from winning the money you need for college.
MYTHS ABOUT SCHOLARSHIPS
MYTH 1: ALL SCHOLARSHIPS ARE LIMITED TO GRADES AND SPORTS
This is an extremely common belief: that if you’re not an athlete or an academically gifted student, you can’t win scholarships. The truth is there are scholarships for everything you can think of. Can you speak Klingon? Communicate with the dead? Write poetry? Make movies? Build a Bluetooth device? There are scholarships for you. There’s scholarships for people who are short, and for people with red hair. So whoever you are, or whatever your skill or background, you can find and win scholarships.
MYTH 2: SCHOLARSHIPS ARE ONLY FOR STUDENTS WITH FINANCIAL NEEDS
Many people believe that scholarships are only for students who couldn’t afford to attend without them. While there certainly are many scholarships for students with demonstrated need, there are many scholarships for students with the means to attend college? So if you can afford college, why should you apply? For one thing, winning a scholarship is an honor, and it can help you get into a more selective school. It can also help the many students who don’t have demonstrated need from the government’s point of view, but will still have a hard time affording college.
MYTH 3: SCHOLARSHIPS ARE ONLY FOR SENIORS
No, you don’t have to be a senior to apply for scholarships. There are scholarships for students in freshman year, sophomore year, and junior year. There are even scholarships for students in middle school. And of course, there are scholarships for students who are already in college. You can apply for, and win money for college, all through your educational years.
There are many other myths about scholarships that hold people back from applying, including:
- All scholarships are awarded by universities
- The scholarships you apply for have to be related to what you’re going to study
College can be extremely expensive, so don’t put this off. As early as freshman year, and possibly sooner, you can get started applying for scholarships. It only takes 15-30 minutes a week, and you can amass tens of thousands of dollars to help pay for college. The average student now leaves college with $37,000 in student loan debt, and the average cost of college is between $80,000 and $120,000. Don’t let myths about scholarships hold you back from getting a debt-free college education!