How many scholarships are unclaimed?

Posted on

Every year, millions of dollars in scholarships go unclaimed. This money could be used to help students pay for college, but many students and their families are unaware of the opportunities available to them. Qualifying for Pell Grants and other financial aid requires students and their families to fill out the Free Application for Federal Student Aid (FAFSA). However, the National Scholarship Providers Association reports that as much as $100 million in scholarships also go unclaimed each academic year.

Scholarships are available from a variety of sources, including private organizations, corporations, and government agencies. Many of these scholarships are awarded based on academic achievement, financial need, or a combination of both. Other scholarships are awarded based on a student’s race, gender, or religious affiliation. There are also scholarships available for students who are pursuing specific majors or careers.

In order to find out about available scholarships, students should start by talking to their guidance counselors. They can provide information about scholarships that are available in their area or at their school. Students should also research scholarship opportunities online. Many websites offer comprehensive lists of scholarships and provide information about how to apply.

Students should also take advantage of scholarship search engines. These websites allow students to search for scholarships based on their interests, academic achievements, and other criteria. These search engines can help students narrow down their options and find scholarships that they may be eligible for.

In addition to searching for scholarships online, students should also talk to their parents, teachers, and other adults in their lives. These people may know of scholarships that are available in their community or at their school. They may also be able to provide advice on how to apply for scholarships and increase the chances of receiving an award.

Applying for scholarships can be a time-consuming process, but it is well worth the effort. With so many scholarships going unclaimed each year, students should take advantage of the opportunities available to them. By doing so, they can help make college more affordable and get closer to achieving their educational goals.