How to Find Scholarships

Scholarships are an important tool for making your college education more affordable. Despite what many think, there's actually a lot of unclaimed scholarship money out there every year. According to the National Scholarship Providers Association (NSPA), about $100 million worth of scholarships are not awarded annually, mainly because students do not apply for them.

With so many available scholarships going unclaimed, it's important to explore your options thoroughly. Doing well on standardized tests like the ACT is one way to enhance your chances of tapping into this unclaimed scholarship pool. Actively seeking out and applying for scholarships can increase your likelihood of receiving financial support, which not only eases the financial strain of college but also supports your academic and personal growth, smoothing the path to a brighter and more secure future.

While earning a scholarship isn't guaranteed, there are several steps you can take to increase your chances of securing these valuable funds. Focus on the factors within your control such as timing, research, preparation, organization, and commitment. Taking your scholarship search seriously can help you tremendously in the long run.

The process of applying for scholarships will largely depend on the type of scholarship you're pursuing, but several standard steps are involved in most applications. Understanding and following these common steps can help you collect and prepare the documents you’ll need when applying. Here are some ways in which the process may differ:

• Eligibility criteria: Some scholarships are open to all students, while others may target specific groups, such as students pursuing certain majors, belonging to certain demographic groups, or having specific talents or interests. 
• Application requirements: While some scholarships may require essays, others might request video submissions, artistic portfolios, or project proposals, depending on the criteria. 
• Submission method: Methods range from online forms to mail-in or even in-person presentations. Be sure to adapt your approach based on each scholarship’s guidelines. 
• Selection process: Each scholarship committee will assess candidates based on what was submitted. Recipients are typically students who had a well-rounded application, met all the criteria outlines, and demonstrated their readiness for college. 
• ​​Financial need assessment: Some scholarships are merit-based and don't consider financial need, while others may require financial information and a Free Application for Federal Student Aid (FAFSA) to determine need-based eligibility. 
• Recommendation letters: Some scholarships might ask for multiple letters of recommendation from a teacher, mentor, or community leader.  
• Deadlines: Deadlines can vary significantly. Some scholarships offer multiple application rounds, while others may be once-a-year chances. 

​​It's important to keep track of deadlines for each scholarship and submit your applications promptly, as late submissions can disqualify you even if you’re an outstanding candidate. Try using an online calendar or planner specifically for scholarship deadlines to stay organized and ensure you never miss a submission date. You can also keep a digital folder with all your scholarship materials —essays, recommendation letters, transcripts, and any other required documents. This makes it easier to tailor each application without starting from scratch.