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Scholarships

If you think you don't stand a chance of getting scholarship dollars, guess again. Funds are available, but you gotta' stop believing the scholarship myths.

The Truth About the Scholarship Pool

By Feona Sharhran Huff
January 2001

The CollegeBound Network NewsClick --
"If you do 'A,' this is going to happen" or "If you don't do 'B,' that is going to happen." You hear myths like these all the time, and when it concerns scholarships, the tall tales abound! The truth is, there's lots and lots of college cash up for grabs that you could be missing out on if you take such myths as gospel and don't apply!

Benjamin R. Kaplan, a 1999 Harvard graduate and author of How To Go To College Almost For Free (Waggle Dancer Books, 2000), dispels seven myths to get you back on the scholarship-seeking track.

Here are three to get you started:

Myth I: Only students with high academic achievement win merit-based scholarships.

The Real Deal:
Many scholarships only use your grade point average to initially weed through the first batch of the thousands of applicants. For example, says Kaplan, "some scholarship contests specify that applicants have a minimum 2.5 GPA. Once you've cleared this minimum bar, grades don't impact your chances of winning."

Myth II: The student who has the most extra curricular activities generally wins.

The Real Deal:
Don't believe the hype. While it may seem impressive to see a page full of activities on your scholarship app', it doesn't mean anything if you don't convey how these activities have affected your life or the impact you've made during your time of service. "Most scholarship winners distinguish themselves by the devotion they have demonstrated to a particular activity rather than by the sheer quantity of their involvement," Kaplan explains. "It's about communicating who you are and what you care about through the activities you participate in and enjoy."

Myth III: Students should focus their time and energy on only one or two scholarship applications.

T he Real Deal:
There are thousands of students who will compete for the same scholarship that you do. Save yourself the heartache of a rejection letter for the only scholarship you applied for by going on a scholarship crusade, says Kaplan, who won over $90,000 himself. This way, your chances of getting scholarship money are greater and that one rejection letter won't discourage you from getting the funds you need to pay for school.

· Get the INSIDE EDGE on hot scholarship news.

· Read more about "Scholarship Myths" at Peterson's.

· Myths? How about scams? Check out Student Rewards before you get duped!



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