If you’re looking for ways to pay for college, you’ve probably heard of scholarships. Scholarships are financial aid awards that don’t need to be repaid. They’re usually awarded based on merit, which can include things like academic achievement, athletic ability, artistic talent, leadership, and community service. Robert Stravinsky helps us understand this further.

Types of Scholarships
There are two main types of scholarships: private and public. Private scholarships are offered by organizations such as businesses, religious groups, service clubs, and foundations. They tend to have narrower eligibility requirements than public scholarships.

Robert Stravinsky Public scholarships are offered by government agencies, colleges, and state legislatures. The best-known public scholarship is the Federal Pell Grant, which is awarded based on financial need. Other public scholarships are awarded based on factors like academic achievement or state residency.

Sources of Scholarships
Scholarships can come from a variety of sources. Here are some places to start your search:

• The federal government: The U.S. Department of Labor offers a Scholarship Finder tool that can help you locate government-sponsored scholarships and other financial aid programs.
• Your state government: Many states offer grants and scholarships for residents who attend college within the state. Contact your state’s higher education agency to learn more.
• Your college or university: Most colleges and universities offer academic scholarships for students who meet certain criteria such as GPA or standardized test scores. Many also offer need-based grants and loans. To find out what your school offers, contact the financial aid office or check the college’s website.
• Private organizations: There are thousands of private organizations that offer scholarships to students who meet their specific criteria. These criteria can include anything from academic achievement to community service to belonging to a particular ethnic group or religion.

When it comes to paying for college, scholarships are one of the best options available because they don’t need to be repaid. However, with so many different types of scholarships available from a variety of sources, it can be difficult to know where to start your search. This guide provides an overview of the different types of scholarships as well as some tips on where to find them. With a little bit of effort, you could be well on your way to securing the funding you need for college!