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lewelma

Private providers of academic scholarship awards

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I'm beginning to hunt down private awards for ds.  I have started scrolling down lists, but I thought I might ask here if there are any specific awards or lists that people have had luck with. 

 

Thanks,

Ruth in NZ

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Most of the ones I am aware of have deadlines that have passed.

Coca-Cola scholars

GE-Reagan

Burger King whopper

San disk

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You may wish to first double-check with the schools that your DS is applying to whether or not they allow "stacking" of scholarships.

 

What that means is that if the school does NOT allow "stacking", the amount of the "outside" scholarship (i.e., "private providers") will be deducted from the "inside" scholarships offered by the school. So no additional benefit to the student -- the total amount of scholarships remains the same. In contrast, when "stacking" IS allowed, the school's financial aid package offer remains the same, and the student can "stack" the outside scholarships on top of whatever "inside" scholarships the school is offering.

 

The other problem that arises with schools that do not allow stacking is that those outside scholarships are frequently one-time awards, and if the student's financial aid from the school is reduced by that amount, the student may be cut off from renewable merit aid (i.e., scholarships that the student receives in subsequent years, as long as the student keeps up the requirements) that that is only offered to incoming freshmen.

 

 

That said, here are some links to explore:

Scholarships for International Students Planning to Study in the U.S.A.

International Student & Study Abroad Scholarships

International Financial Aid and College Scholarship Search 

 

Good luck! :) Warmest regards, Lori D.

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Yes, what Lori D. said.  Does your ds have any institutional aid/grants/scholarships at all or are you 100% full pay?  Unless you are 100% full pay, outside scholarships and even some institutional scholarships will most likely reduce the school's aid first.  We found this to be true with every school for dd.  

 

For example,

Cost is $60,000/year

Institutional aid/grants -$40,000

= our cost $20,000

 

 

With a scholarship this package would look like this...

 

Cost is $60,000/year

Outside scholarship - $30,000/year

Institutional aid/grants - $10,000/year

= our cost $20,000/year.

 

With some schools there was a slight difference if there is a loan in the package.  Most schools will allow loans to be reduced first.  If they have calculated work study into the package then some schools will even allow this to be reduced.  But I don't think a school can reduce anything else unless you are paying the full bill.

Edited by Attolia
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The large competitive ones have deadlines that are long past. Many are need dependent.

 

As others posted, elite schools usually reduce any institutional aid they offer by the amt of scholarship awarded. (IOW, your parental contribution will remain the same unless the award is large enough to cover the full amt of the parental contribution. They may reduce out the student loan or student contribution or they may not.....depends on the school.)

 

At this point, most likely awards you find are going to be small $$ values ($500ish) and non-renewable. Many of those are usually tied to local organizations offering them to students from their communities.

 

There is a reason why the mantra is that schools themselves are the best sources of scholarship $$.

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Thanks guys.  We are full pay, so are just looking to get enough for ds to have book money. We believe in giving him a piece of the cost that he can pay by working 4 hours a week during school and getting a paid internship in the summer. Kind of a skin-in-the-game thing.  Any small scholarships would reduce the amount he will have to earn by working, but would still be money that he has personally raised.  Lori, thanks for the links, I'll take a look. 8fill, I didn't think to look locally. Will have him poke around.

Edited by lewelma
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Adding on to 8's suggestion of local scholarships -- some of these are uniquely U.S. groups, but it might spark the idea of a similar group in your own country to check out. The frustrating part is that most places that offer scholarships locally have early autumn deadlines. But, you never know what you might find until you look! And, compile your info into a list to use on your next student down the line... ;)

 

• parents' employers

• work unions

• fraternal organizations

• corporate scholarships 

• banks / credit unions

• local utility companies

• service organizations (Rotary Club, Lions, Elks, Moose, Kiwanis, etc.) 

• clubs of parents/relatives    

• local contests 

• local businesses 

• local minority/ethnic groups 

• American Legion

 â€¢ junior military  (Civil Air Patrol, Sea Cadet)

• church / youth group

• Awanas 

• student leadership group

• scouting

• 4-H

• local sports clubs/leagues

• local sports referee assoc.

• local theater/arts group

 

 

ETA -- PS

Something else your DS can do is if he gets a part time job while attending college -- look for a company that contributes towards tuition. Here's an article with a list of companies that do just that.

Edited by Lori D.
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Thanks so much, Lori. I remember now about a NZ scholarship sight that I found and had completely forgotten about it while searching all the American sites. So will go find that one again. I get the impression that you reapply each year for additional scholarships, so we will just work on it for next American autumn too.  I'll dig into the company stuff, thanks!

 

 

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There are also lots of scholarships for college students especially in stem but he will need to start looking from August as some of them close really early. Some are specific to majors, some to gender, race, etc.

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August makes me laugh.  At that point, we had not even finished the final list of colleges to apply to. But I think we started this whole university thing crazy late, so I'm not surprised we missed deadlines.  I'll go look and see what is still out there. 

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The Davidson Foundation Scholarship has a deadline in February, which recognizes advanced work in a variety of subjects has a February deadline.

 

However, I'm not sure your son would be eligible since he doesn't live in the US.

 

Here are the requirements. Be a U.S. citizen residing in the United States, or a Permanent Resident of the United States residing in the United States, or be stationed overseas due to active U. S. military duty

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The Buick Achievers Scholarship has an end of February deadline, however, I can't make the website work. While it sounds like it is only for people wanting to work in the automotive industry, it is open to lots of majors, including math. My oldest won one, and she was not into cars.

 

ETA: Never mind last year must have been the last year. I found the website that managed the application process, and Buick isn't listed under open scholarships.

 

The do have information on international students/scholarships. https://scholarshipamerica.org/what-we-do/students-parents/international-student-resources/

Edited by *LC
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The College Board puts out a scholarship book. The same data is available on Big Future, though I find the book easier to skim through. The online search system isn't great.

 

https://bigfuture.collegeboard.org/scholarship-search

 

I also really like the scholarship book by the Gen and Kelly Tanabe. You can find it on Amazon for about $20. It has tons of listings. I'd stay away from websites like FastWeb because so many folks are on there.

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I know that this is a naive question from someone with a small child whose college years were in the distant past.   But, how would the college know?   I'd gotten a scholarship with my dad's company, and they sent me a check.   I've known a couple of kids recently who got scholarships that totaled > than full-ride.  

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I know that this is a naive question from someone with a small child whose college years were in the distant past.   But, how would the college know?   I'd gotten a scholarship with my dad's company, and they sent me a check.   I've known a couple of kids recently who got scholarships that totaled > than full-ride.  

 

- Many outside scholarships are now distributed to the student through the college's financial aid office, not a check directly to the student. Or, even if the check is awarded directly to the student, the outside scholarship agency's policy may be to also automatically notify the school.

 

- Students need to report any outside scholarships to the school's financial aid office because the school is required by Federal rules to adjust financial aid packages so that the total of all aid does not exceed the school's cost of attendance by $300.

 

- Not reporting outside scholarships to the school, may result in the student being required to pay back the over-award amount to the school. Or there can be can be penalties such as the school retroactively reducing the student's financial aid awards. If discovered before starting at the school, there is even the possibility of losing the offer of admission (and the financial aid package).

 

 

Not addressing your specific question, but in a slightly related note:  Any scholarship money that goes beyond the qualified expenses deduction for tuition, fees and required books/supplies, IS taxable and needs to be reported on the student's income tax form, as it is a type of income. Which then becomes part of the income/assets information required on the next year's FAFSA form.

 

As a side note: penalties for providing false information on the FAFSA are severe: up to $20,000 in fines, and/or up to 5 years in prison, plus required to repay all (federal) student aid, plus some schools will expel the student. (see FastWeb article)

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I know that this is a naive question from someone with a small child whose college years were in the distant past. But, how would the college know? I'd gotten a scholarship with my dad's company, and they sent me a check. I've known a couple of kids recently who got scholarships that totaled > than full-ride.

Even back in the mid 1980s when I went to college we were required to report all outside scholarships. I qualified for work study until I won several one year local scholarships, then it was taken away. And the scholarship checks came directly to me. No way would I have considered not telling the college.

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You know, thinking back to the distant past, I guess the reason the college didn't care was because I wasn't getting any financial aid.   You need your parents cooperation to fill out the financial aid forms.  But, it wouldn't have occurred to me that the college would have cared, regardless.  Now I know.  

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