Stay Out of Debt:
College
Scholarships
and Financial Aid
 

Cost Effective College


New for 2003: A FREE CD-ROM with every book, jam-packed with valuable updates and select financial aid links, including thousands in available scholarships and grants.

Today's scholarship pool is greater than ever, with many national firms offering college scholarships as an incentive to find qualified workers. In addition, numerous colleges and universities are well funded by their graduates and often use scholarships as a recruiting tool for incoming students.

college scholarships college grants financial aid Learn the truth behind the millions of unused scholarship dollars. For detailed information on scholarships, see Chapters 4 & 5 in Cost Effective College and the CD-ROM with 2003 Updates. For information on loans that become grants, see Chapter 6.
Not all incoming student scholarships are based on academic prowess. Schools frequently provide scholarships in the form of a tuition discount. If you don't qualify as a freshman, you may well receive a scholarship later based on your performance. Read Planning for College.
 
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Some "Do's and Don'ts" when searching for college scholarships:
  • Do not pay someone to fill out your financial aid application.
  • Ask numerous questions; challenge all promises.
  • Have everything documented in writing. See
  • Scholarship Scams.
  • Check to see if the scholarship is grant based or loan based.
  • Carefully scrutinize college saving programs from insurance companies.
          (Some are only long-term loans.)
  • Avoid phony scholarship search organizations.
          (Free scholarship searches in Appendix 7 and on the CD-ROM.)
  • Weigh the odds before writing innumerable scholarship application essays.
  • Note that only 1% of all financial aid dollars are from private funds.
  • Get to know the Financial Aid Administrator at the college

Athletic Scholarships

There are specific rules that govern students recruited to play a sport for a college or university. Be wary of coaches and recruiters offering extra money before or after enrolling in their school. For a review of the rules under NCAA Division I recruiting, logon to Eligibility

college scholarships Most student-athletes ask: "Should I seek a scholarship with a successful ranked team and big athletic program, or a smaller athletic program with lesser funding, recognition and success, but more individual attention and playing time?" 

According to Charlie Kadupski, CEO and Founder of The Sport SourceŽ , "If you're serious and want to pursue a college education, there is a program that will fit your academic, athletic, financial and geographic needs.  Our mission at the Sport Source is to provide the perfect link between a student-athlete, a specialized sports program and a well-rounded college education."

For those student-athletes who would prefer to work through a fee-based professional recruiting service, contact Athletic Scholarships

college scholarships college scholarshipsWomen's college sports programs are rapidly expanding. Of the 248 teams added by colleges in the late 90's, 227 were for women; the dominant sport being soccer. 

 

In short, athletes looking for playing experience at the college level should select the school that fits their athletic and academic abilities. For more information, see Chapter 5 in Cost Effective College or view the CD-ROM provided with each book.