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Free-College-Money The Ultimate College Funding SourceFree-College-Money The Ultimate College Funding Source. The ultimate funding source for funding college education is free-college-money. It provides excellent student loan debt relief since with the exception of loans money need not be paid back.
“Free-College-Money” can be divided into the 4 categories: • Scholarships
Merit Scholarships
,Athletic Scholarships
Among college funding sources, this along with grants can be considered the ultimate college funding source. Scholarships are awarded by individuals or organizations to students for their present or past activities and future potential. Some reason for awarding scholarships are exceptional grades, outstanding athletic abilities, or leadership skills.
• Low Interest or No Interest Loans (free money until you find a job.) This is money you have to pay back. But you get to use the money “for free” while you’re going to school.
• Miscellaneous Money In many cases free books, housing, other college necessities can be made available at no charge. People do apply and receive billions of dollars in scholarship and grant money. The money gets awarded. People in charge of disbursing funds make sure someone gets the money. It is your job to do the necessary research, application process and follow-up needed to find this ultimate method of funding college education - “Free College Money.” The Process • Apply to as many scholarships and grants you think you can qualify for. If you don’t ask; you won’t get. It costs you nothing except your time and the price of postage. Organize and prioritize on the awards you have interest in and can qualify for. How the scholarship and grants system work Merit
Scholarships and grants are merit based awards given to the best students in a particular field of study. Family income or net worth is not factor in determining eligibility. Criteria for being chosen vary with the award. If it is an academic scholarship, one with highest grade point average (GPA) may be the determining factor. Athletic scholarships may focus solely on being outstanding at playing a particular sport. There are many other scholarships for a multitude of academic and non-academic disciplines. Grants are primarily need-based and are given on the basis of financial need. However, In order to be accepted into an accredited college or university, one must meet minimum academic standards. Having the best grades are not necessary requirement. Individuals, Foundations, and Institutions Each group has its own particular motives for giving away free-college-money. Their intentions range from humanitarian to promotional Find out what their motives are and if they conform to your beliefs, form your essay and application around them. Application Process • Apply to as many scholarships and grants that you are qualified for You increase your odds of being selected by increasing the number of applications to submit. Remember that your GPA is not the only determining factor in receiving an award. Leadership abilities, extracurricular activities, hobbies and interests are also important factors in the selection process. • Organize yourself The time to start is now. Gather all information relevant to the application • Personal and Family Information Delve into your family background – historical affiliations, associations, clubs, organizations and any honors or award you or a family member may have received that will enhance your chances of being selected. • Financial Information Provide financial information as needed. Make sure you meet application deadlines. Once an application is submitted, keep track of its progress. Through the Internet and your school library you can gain access to dozens of directories listing hundreds of scholarships, grants, loans, and other awards that are available to you. These directories are updated yearly and most now come in CD-ROM format. To increase the probability of success, apply to as many awards as you are qualified for and can reasonably handle. Never mislead or provide false information on your application. All information provided will be checked. Once the application is submitted, follow-up to make sure all information requested was submitted.
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