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Scholarships are an incredible source of financial assistance for college students. Unlike loans, scholarship funds are free money. That means you don't have to pay them back over time — an assurance that can vastly reduce financial stress and help you focus more on your studies.

Your response to this question should lay out a plan for your future. Explain what or who inspired you to pursue a particular field and why. Include how this scholarship will help you on your career path and what you would like to do once you have completed college or the program.

Scholarships provide financial support for students to help pay for a college degree. These funds enable students to obtain education they may not have access to otherwise. Scholarships go further than being financial aid for many students. They reward deserving students with the ability to afford higher education.

BigFuture is a free online planning guide that helps all students take the right first step after high school. Now open to all students in the class of 2024, and 2025, BigFuture awards $500 and $40,000 scholarships every month to students who take steps toward their career and education after high school.

NOUN. 1. a grant or payment made to support a student's education, awarded on the basis of academic or other achievement. A scholarship is financial support awarded to a student, based on academic achievement or other criteria that may include financial need, for the purpose of schooling.

Full scholarships (also called full-ride scholarships) are the holy grail of funding opportunities, covering almost everything for the full three or four years of university.

Scholarships Impact can go from reducing the financial burden of the rising costs of a college education to allowing students to find more time and energy to focus on studies rather than part-time work, scholarships are one piece in the puzzle of what creates a strong foundation for supporting students in their success ...

Scholarship Winners Demonstrate Leadership and Communication Skills. Scholarship committees are looking for people who can communicate effectively and who showcase their leadership potential. Leaders are not only confident in their own abilities, but they know how to work as part of a team as well.