With state deficits adding up to billions of dollars, funding is being cut for many college grants and tuition assistance. Take for example California, which is facing a $20 billion budget deficit. Across 10 University of California campuses, tuition has increased 32% since 2009. Economic forecasters warn that states who are facing the worst economic downturn will likely drastically cut state funding and increase tuition.
With no end in sight for the year to year tuition increases, students are looking for new and creative ways to fund their college education. Many students are frantically searching local businesses, large corporations, and online sources for scholarships. Before you decide that college is out of your financial reach, consider reading more about the impact scholarships can have on your bill.
Before you begin applying to numerous scholarships that you may not even qualify for, it is a good idea to develop some type of application strategy. You may consider signing up for an online service that will match your qualifications with potential scholarships, researching local companies that are giving back to your community, or career specific scholarships. Check out this article about scholarship applications to get some more tips on where and when to begin looking.
With a large number of corporations offering national scholarships, Coca Cola has stood out as one of the most impressive and competitive. Each year they will award 250 deserving students $10,000 and $20,000 scholarships. Because the scholarships are so generous, the application process is demanding and competitive. For a detailed description of the requirements, when to apply, and the entire process, read this article about how to apply for the scholarship.
Because many students are searching high and low for scholarship assistance, it is very important to avoid common scams. You should never have to pay to apply for a scholarship. You also should be realistic in scholarship offers and promises. Many young students are inexperienced in the scholarship process and may not realize what scholarships are legit. To find out how to spot an illegitimate scholarship, read this article about scholarship scams.
With tuition costs drastically rising, be sure to find ways to help fund your education. Scholarship money is free money that you will not have to pay back. Why not let Coca Cola foot your tuition bill?