According to the Education Data Initiative (2024), American college tuition and housing prices have risen 3 times the rate of inflation over the past 40 years, accumulating a total of 1.8 trillion dollars of student debt as of January 2025. Needless to say, scholarships are becoming increasingly needed as colleges continue to raise their rates. As the need for scholarships arises, so does the necessity of their availability, providing students with an easier navigation through the stress of college decisions.
Scholarships are financial awards provided by universities, private organizations and foundations to help students cover the costs of tuition, books and living expenses. There are many types of scholarships, each catering to different students’ needs. Need-based scholarships apply to lower-income household students. Merit-based, which are awards for academic achievements and sports-related scholarships, highlight a student’s academic potential.
Applying for scholarships may seem like a daunting task, but following the right steps can provide an easier application process. Scholarship opportunities can be found in the Guidance office with Jennifer Lowenbach, who will answer any additional questions.
Starting early is important for applying for scholarships as it gives time to review essays, perfect resumes and ask for guidance from college advisors. The personal essay is one of the most important components of a scholarship application. This is an opportunity to stand out from the competition by telling your story and demonstrating your passions, goals and values. Avoid generic responses by being authentic and creative, highlighting how you fit with the scholarship’s goals or how it aligns with your aspirations. Organizing the process also makes it that much easier. Writing down deadlines, having separate folders and keeping track of required documents can make a difference when becoming close to the deadline. One requirement might be letters of recommendation, so it’s important to ask teachers, coaches or employers well in advance to avoid late applications.
Scholarships are a resource that helps students pursue a higher education that lessens the heavy burden of debt. By applying early, submitting a strong personal essay, and staying organized, students can improve their chances of receiving financial support. Scholarships are an important resource that can open countless doors for students who feel as though they are stuck.