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Types of College Scholarships

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Athletic Scholarships:

Athletic scholarships are very common and these scholarships are awarded on the basis of your athletic abilities. If you are a very good athlete, you may qualify for this type of scholarship.
 
Academic Merit Scholarships:

These scholarships are also very common. Academic merit scholarships are awarded, as the name suggests, on the basis of merit. If you have good grades and excellent test scores, you might qualify for this type of scholarship.
 
National Merit Scholarship:

There is an independent, non-profit corporation known as the “Merit Scholarship Corporation” and it awards nearly five thousand scholarships each year. To secure this scholarship, students have a competition of test scores, academic and extra curricular activities, and school recommendations. You can enter this competition by taking your Preliminary Scholastic Assessment Test/National Merit Scholarship Qualifying Test (PSAT/NMSQT) in the fall of your junior year in high school.
 
FAFSA:
FAFSA stands for Free Application for Federal Student Aid. All state schools and several colleges require you to fill out this application. This application helps them determine the amount of money they should give you and from what sources.
 
Employer-Sponsored Scholarships
There are several corporations and businesses that offer scholarships to the children of their employees or to the students who are living within the community where the business or corporation is situated. Other businesses offer aid to students who are planning to major in fields that are related to the company’s interests and that might later on prove to be valuable to them. A good way to find such scholarships is to ask your local library for assistance or look up these scholarships on the Internet.
 
Work Study:
Work study is a federal work program where you are required to work for the money that is being given for your fees. Often, these jobs are part time jobs on campus.
 
Special Scholarships:
These are scholarships that are given for different purposes. Special scholarships are awarded for something you excel at, for instance leadership or artistic abilities. They are also awarded on the basis of financial need or if you belong to a certain ethnic group.
 
Community Organization Sponsored Scholarships:
There are several civic and community groups that offer scholarships and other assistance. These civic and community groups include the Boy Scouts, the Girls Scouts, the Rotary Club, the Chamber of Commerce, the PTA et cetera. You should try to contact the different civic, religious, fraternal, patriotic, social and professional organizations in your community for further information regarding this kind of scholarship.
 
Professional, Career, and Trade Association-Sponsored Scholarships:
There are several scholarships that are provided by professional, career and trade associations. You can go to a library and ask for a directory that lists the scholarships and loans offered by such associations in your particular field of study. If there is something you excel at, you should also ask your coach or instructor about the colleges that are out on a look for students that have the talents you possess. Another idea is to browse through trade magazines to find leads on scholarships that are related to your special interests or skills.
 
Ethnic and Religious Scholarships:
Several ethnic organizations provide scholarships to outstanding students who belong to that particular ethnic background. There are also houses of worship and religious denominations that offer scholarships to students who plan to pursue a career in clergy.
 
Transfer Student Scholarships:
There are scholarships that are given by certain colleges to transfer students provided that they have completed a certain number of credit hours with an outstanding grade point average.
 
Alumni Legacy Scholarships:
Certain colleges also grant alumni legacy scholarships. These scholarships are given to students who are the children or grandchildren of the college’s alumni.

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