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Best website for finding scholarships?


mamakelly
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One thing that surprises many families is that private scholarships (from organizations, foundations, etc.) make up just a very small percent of the money available for college - around just 5%. The bigger money tends to come from merit scholarships and financial aid awards from colleges and from financial aid from the state and federal government.

 

It can still be a great idea to apply for scholarships especially if your student is able to get major awards (Questbridge, Gates, Coca Cola) or if they can pick up a little money from local sources to help pay for books. But, for the vast majority of students private scholarships don't end up netting very much. Time may be better spent on carefully selecting the colleges they apply to, working hard on essays and applications, and possibly studying to raise test scores.

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