In part 2 of our 2 part series, here’s expert advice about what to do (and what not to do) as you think about scholarships.
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So, you’ve got your resume together and you’ve conducted your first search online: scholarships for four-year college students in your graduating class.
And you got 35,000 results.
What now?
Unless you’re very good at time management, you’re not going to apply for 35,000 scholarships. Instead, you need to refine your search to find the scholarship opportunities that match best with your self-inventory.
At Scholarship America, we work with small businesses, large corporations, foundations, trade associations, nonprofits and many other kinds of sponsors, on more than 1,300 individual scholarships. And almost all of those sponsors have unique objectives, eligibility requirements, selection criteria and award distribution for scholarship programs.
Just like those scholarship sponsors, you need to be selective, and consider the return on your investment. To do so, look at your self-inventory, and then refine your search to narrowly focus on the strongest parts of your resume: have you done a ton of volunteering? Search and apply for scholarships that center on community service. Are you a straight-A student? Focus on academic-achievement scholarships. Use your favorite activities as keywords in your search, and you can go a long way toward narrowing down that initial daunting list.
Another important distinction to keep in mind is the difference between “need-based” and “merit-based” scholarships. Merit-based awards are given based on individual achievement, and do not consider a student’s financial situation. Need-based awards, on the other hand, are given specifically to students who demonstrate financial need. If you know your family’s savings, a government grant or an award from your school will be covering most of your costs, you can save yourself time by not applying for these scholarships.
Even after you’ve narrowed down your search, you’ll probably still have dozens or even hundreds of scholarships you’re interested in. To keep up with them all, and to budget your time, consider creating a spreadsheet or using a calendar app to track scholarships of interest. (You can also use our Student Self-Inventory Form to ensure your personal info is up-to-date and relevant.)
By doing so, you can help ensure you won’t miss deadlines — and you can see which days and weeks will be the busiest. Knowing which deadlines are coming up can help prevent the frustration and stress of last-minute applications. (Now would be a good time to start approaching your teachers, mentors or supervisors for references and recommendation letters, too.)
When it comes time to apply, take another, closer look at each scholarship’s eligibility requirements and award guidelines. It’s easy to miss bullet points when you’re searching, and the last thing you want to do is waste your time applying for a scholarship that’s only open to students in another state or with a different major.
Once you’ve ensured you’re eligible, take a deep breath, slow down and focus on the application at hand. Make sure you read questions carefully and answer honestly and fully. It’s okay to reuse essays on multiple applications, but make sure you customize the language to address the specific goals of each scholarship.
After you’ve written everything you can for each question, you’ll be tempted to hit “submit” and send your application along. Don’t. Instead, save your information, walk away and come back to it a day later. This will give you a chance to reflect on your answers, add anything you forgot and proofread your writing with a clearer view. After all, you only have one chance to apply—make it the best you can.
Don’t get discouraged. As we said in Part 1, there are $50 billion in scholarships given out each year. No matter what makes you stand out, there’s an award for you!