On a yearly basis tons of students around the world venture into the task of pursuing scholarship for studies. Some students venture into the task well-equipped with and the facts about scholarships and some other students just have peripheral information about how scholarships work.
Inasmuch as most students believe that being awarded a scholarship is made possible through luck, it is important that it is made clear that students with extra information will always have the upper hand to sail through Scholarship application successfully. Therefore the facts about scholarships is as important as it sounds.
Facts about scholarships
Providing information and facts about scholarships and important tips on how to be successful in scholarship application is the core value that eGlobal Scholarship represent. Cognizance of this fact we have explained in this article the fact that every student who is a prospective scholarship applicant or already a scholarship applicant should know about scholarship if the person must be successful in scholarship applications.
Read Also: Scholarship Myths And Facts
No worries concerning college, my grades must/will guarantee me Scholarship
Banking on one’s academic prowess is not really advisable in scholarship Pursuit. Because most scholarship platforms believe that a student must be involved in Community Services before being qualified for a scholarship. Depending on grades in the long run could deny a person a scholarship.
Facts: approximately 50,000 students on a yearly basis will be offered fully funded scholarship that will cover the student’s tuition and other expenses without that student being extremely academically buoyant. Many students would be offered scholarship just because of being the best player in his football team and so on. Therefore both students whether academically buoyant or not, should be open-minded and apply to as many scholarship as possible, to be able to cover all college expenses. No students should depend on only academic prowess or Community Services.
I’m an average white boy/man. Its possible I won’t be getting a scholarship
Facts: Caucasian students are most times 40% likely to be offered a scholarship by private organisations than whites or other students.
Many organisations, firms have justified the creation of scholarship for white students on the basis that minority students are always been offered majority of scholarships. But this myth is simply not true. Because there are out there many organisations that offer scholarship for student from all over the world which directly perpetuates the fact that scholarships are closely balanced and no student should go into Scholarship application with fear of discrimination. Because there is always a scholarship out there for you.
If I was poor I would have been offered scholarships
Facts: it is actually funny to have discovered through research and interviews that students who’s family make between $50,000 and $10,0000 (average income family) are most likely to win scholarship than students who make less than $50,000.
It is considered important that students take note that not all the scholarship awarding platforms care about how much your family make. Some platforms actually offer scholarship based on other laid out requirements and not need-based but merit-based
Someone should tell me where the unclaimed scholarships are, I need the money
Facts: No scholarship platform have money left for scholarship after they’ve offered their scholarship for the year. Scholarship platforms always have a budget for the year, and there is nothing like unclaimed scholarship anywhere. This myth have been carried for about 30 years now. It all started in the 1976-1977 year, which validated through the study carried out by National Institute of Work and Study. The study estimated that $7 billion was available for student aids but only 300 to 400 million were actually used.
It is only in the Senior Year that I can apply for scholarships
Facts: Any student who is actually waiting to be in the Senior Year before applying for scholarship is already behind schedule. If student can invest their time in scholarship research they’ll discovered that, there are tons of scholarship platforms out there that offer scholarship for Elementary, High School and other students from different levels of studies.
Therefore, students should be mindful on what they read online, because there are myths and lies out out there about scholarship. Don’t be crippled by some unverified information online telling you that you need to be in your Senior Year, or advanced level of studies before you could stand a chance of winning scholarships.
You can even start applying for undergraduate scholarships while in your high school graduating year. It will increase your chances of being offered that particular scholarship. There is no time too early for scholarship application.
It’s no-brainer to wait until you think the right time has come. If you continue waiting, you’ll graduate with a pile of students loan dept. Make a decision now!
We hope this content was helpful. Do well to leave us a comment in the comment section.