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When to Apply for Scholarships
By
Emily Wong
Emily Wong is a writer at Scholarships360. She’s worked as a social media manager and a content writer at several different startups, where she covered various topics including business, tech, job recruitment, and education. Emily grew up and went to school in the Chicago suburbs, where she studied economics and journalism at Northwestern University.
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Cait Williams is a Content Writer at Scholarships360. Cait recently graduated from Ohio University with a degree in Journalism and Strategic Communications. During her time at OU, was active in the outdoor recreation community.
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Caitlyn Cole is a college access professional with a decade of experience in non-profit program and project management for college readiness and access organizations.
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Maria Geiger is Director of Content at Scholarships360. She is a former online educational technology instructor and adjunct writing instructor. In addition to education reform, Maria’s interests include viewpoint diversity, blended/flipped learning, digital communication, and integrating media/web tools into the curriculum to better facilitate student engagement. Maria earned both a B.A. and an M.A. in English Literature from Monmouth University, an M. Ed. in Education from Monmouth University, and a Virtual Online Teaching Certificate (VOLT) from the University of Pennsylvania.
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Scholarships are a great way to lower the financial burden of college. However, in the midst of college applications and standardized tests, many students don’t know when to apply for scholarships. Let’s talk about how to manage your deadlines to maximize your scholarship awards!
Apply as early as possible
It may feel tempting to put off scholarship applications until you get accepted into a college. However, it’s best to start as soon as you can. While most scholarships may be targeted at high school seniors, you can apply to some as early as freshman year. If you need help finding scholarships that you qualify for, you can use the Scholarships360 scholarship search tool to filter by a variety of categories, including grade level.
Scholarship requirements
Although some scholarships may only require a short-response paragraph, others have much more involved application processes. Oftentimes, you’ll need to provide transcripts, test scores, letters of recommendation, and even financial documents. It can take some time and planning to gather all of the materials you need, and you don’t want to be scrambling at the last minute. Try to have as many of these documents on hand as possible.
Keep track of deadlines
While you can apply to scholarships year-round, many deadlines fall between September and May. Therefore, many students research upcoming scholarships during the summer. Even if you find scholarships that haven’t opened yet, use your free time to brainstorm essay topics. You can also start marking your calendar with deadlines throughout the year so that you’re not caught off-guard.
It can also help to set goals for yourself to stay on track. For example, you can plan to apply to six scholarships each month, or to spend two hours every Saturday working on applications. Creating measurable objectives throughout the year can motivate you to consistently put in work instead of saving it all for the day before the deadline.
Prioritize federal aid
If you’re a college student or a senior in high school, the most important scholarship is the Free Application for Federal Student Aid (FAFSA). Funded by the federal government, the FAFSA provides grants, loans and work-study opportunities to over 13 million college students each year. Students can begin filling out their FAFSA for the next year on October 1st, and they must complete it for the previous year by June 30th. Therefore, in order to get aid for your freshman year of college, you can start your application in October of your senior year of high school.
Many states have their own deadlines. Some may allocate funds on a first come, first served basis. Therefore, submitting your application early can make the difference of hundreds or even thousands of dollars in scholarship money.
Choosing which scholarships to apply for
If you’ve done any scholarship research, you know that there are tons of scholarships out there! So, how do you filter through all of those scholarships and how do you know which ones are best to apply for? Let’s take a quick minute to look at what scholarships are worth applying to and how you can assess them on your own!
Competitiveness
It’s important to consider how competitive a scholarship will be. It shouldn’t discourage you from applying, but you should use it to gauge your expectations. A $10,000 scholarship that is given to only one student through a lottery style award is probably not one that you should count on getting. You might, but chances are there are potentially tens of thousands of other applicants.
Award amount
The truth is that some scholarships won’t be worth the hassle. It’s true that any money helps, but a scholarship that asks for a multistep application probably isn’t worth only a $250 award amount. Pay attention to what scholarships are renewable as well, as a $250 renewable scholarship would actually be worth $1,000!
Application process
Prepare yourself for some very thorough scholarship applications. While it would be great if they all just needed to see your grades, some will require much more than that. They may ask for an interview, examples of work you’ve done, letters of recommendation and more. Often these scholarships may come with a higher award amount, but remember that you are putting in a lot of time and effort to potentially receive that money. As a reminder, there should never be a fee to apply for any scholarships!
Student Loans
Ideally you will be able to find scholarships that can cover all of your college expenses. However, it’s possible that for any number of reasons, you may be left with a set amount of money that you owe and can’t cover with scholarships. If that is the case and you can’t cover those expenses out of pocket, you’ll need to know how to take out student loans. Student loans come in many different forms. Be sure to research them thoroughly before you take any out!
Federal work study
Before we wrap up, let’s talk about one other form of funding that you can take advantage of while you’re in school. The federal work study program is a way that students can earn money for school through working. If this sounds like something you would be interested in, then you should take time to look into it while you are applying to scholarships!
Key Takeaways
