Need A College Scholarship? Start Planning Early
College is looming, and if it\’s a pretty good bet your income is going to push you out of the bid for financial aid, college scholarships are one way you can subsidize the amount of money paid out of pocket.
The trick to gaining the maximum number of scholarships is to start early and keep yourself focused on the prize—not only getting your child into the college of their choice but being able to pay for it.
The work to obtain scholarships begins in your child\’s freshman year of high school.
If you wait until your child is in their senior year, your chances of getting some scholarships is greatly reduced. That\’s why it\’s vital for parents and students to start a scholarship portfolio, which should contain every noteworthy academic achievement, as well as community service and volunteer work your child does.
By the end of this process, if you are diligent and organized, you will be amazed by the impressive amount of information you have accumulated. Competition is fierce among colleges, and anything you and your child can do to set them apart from the crowd can only help them in their quest for college—and those much wanted scholarships.
Many colleges and universities are looking for more than just good grades when offering scholarships, they are looking for well-rounded students who will be an asset to their campus.
A scholarship portfolio will also give school counselors a better understanding of the kinds of scholarships your student will be eligible for. It\’s information that could be otherwise lost in the frantic and confusing college application time.
Not only will accumulating this information starting in the freshman year help you to build a portfolio, working on it with your child will give them incentive to do better in school and join more outside activities that will make them eligible for more scholarship money. College and paying for it will be at the forefront of your child\’s thoughts, and as an active participant, they will come to have a better understanding of the enormity of college tuition.
It\’s a win-win project that could end up being worth thousands of dollars in tuition money that you would have never seen if you hadn\’t accumulated it early.
Don\’t discard applying for a scholarship thinking your child will not qualify. The fact is, you don\’t know unless you try. It\’s hard work, but the result could be well worth the time and effort it takes.
Beth Walker is President of College Funding Coaches which assists families like yours in creating a realistic college funding plan that won\’t force you to give up your current lifestyle or dip into retirement savings Request your Free Scholarship College Affordability Plan by visiting http://www.CollegeFundingCoachesBlog.com
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