Whether you are planning to study abroad or searching a suitable college in your country, finding scholarship is an ideal option to finance your education.
Here are the major reasons why you should apply for scholarships:
- Increasing cost of education
- Economic condition
- Additional expenses of studying in a college
How it works?
Many people understand scholarships as funds offered to pursue a degree course. It is very much true. As a matter of fact, scholarship is basically an amount awarded to students who are eligible for getting a financial aid for their education. Moreover, it is like a gift, which needs not to be paid back like an education loan.
Scholarship fund can be offered by a number of different sources. Many scholarships are provided by universities, corporations, governments, or trusts. There are many scholarship programs that come from wills, such as Rhodes scholarship. This is one of the reputed scholarships across the nation, which is named after a colonialist, Cecil Rhodes. He created a trust that aimed at offering scholarships to exceptionally talented students studying at the University of Oxford. There are many such scholarships offered by many reputed trusts, universities and colleges.
How to Apply?
Applying for a college scholarship needs to follow simple steps:
- Know the requirements
- Fill in the application form
- Write an effective essay
- Keep detail of your academic record
- Arrange for letter of recommendation
Apart from these, applicant must be able to fulfill the other requirements asked by a scholarship sponsor.
About the Author:
Swati Srivastava is an avid writer who writes several informative blog posts and articles on a wide range of educational topics for reputed online education portals like Shiksha.com. The writer has a rich experience of over four years in the field of writing.