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Is a Scholarship the Same As a Student Loan?

No it is not. A student is money borrowed for college that you have to pay back. A scholarship is money awarded for some accomplishment, whether athletic, academic or otherwise that does not have to be repaid.

How to Get a Scholarship

There are an endless number of scholarships available for all different types of achievements. Many scholarships have their original basis in academics. They look first at your grade point average or standardized testing scores. Beyond that, however, there are other criteria considered when selecting a student for a scholarship that go way beyond just letter and number grades. Those awarding scholarships look for special projects done, involvement in the community, volunteer work and so many other things. It is impossible to list all that things considered for different scholarships.

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How to Receive a Nursing Scholarship

First Things First: What is FAFSA?

The first step in receiving any sort of scholarship or financial aid for college is to complete the FAFSA. FAFSA, or free application for student aid, is a form that is filled out by every student wishing to be considered for college tuition. This is a federal form, and you only have to complete it once, unlike the past when you had to complete separate paperwork for each college you hoped to attend.

The FAFSA form will provide you with information that will determine the amount of money your family is expected to provide for your education. The difference between what your family is expected to pay and the amount of tuition at your chosen college can be covered by federally backed grants and loans. To reduce the amount that you are expected to pay further, you can apply for a variety of scholarships.

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