What's the Scoop on Scholarships?

No, it's false. Every level of college through postgraduate studies offers scholarships, work study programs, and low cost educational loans. Some scholarships require an application process for every year of college, while some are automatically renewable.

Correct. Every level of college through postgraduate studies offers scholarships, work study programs, and low cost educational loans. Some scholarships require an application process for every year of college, while some are automatically renewable.

Yes. Most scholarship applications are based on a standard format: An essay, a list of activities, a transcript, and letters of recommendation.

Nope. Most scholarship application forms are based on a standard format: An essay, a list of activities, a transcript, and letters of recommendation.

You're right. Scholarships are awarded on a first-come, first served basis. As far as researching goes, your kids should be looking into award money ten to sixteen months ahead of time.

This is true! Scholarships are awarded on a first-come, first served basis. As far as researching goes, your kids should be looking into award money ten to sixteen months ahead of time.

No! Don't pay anyone to find a scholarship for you or your kids. Your best bet is to rely on the local library, the Internet, high-school counselors, or college financial aid directors.

Correct. Don't pay anyone to find a scholarship for you or your kids. Your best bet is to rely on the local library, the Internet, high-school counselors, or college financial aid directors.