What-Benefits.com

how would you benefit from a scholarship

by Kristoffer Emmerich III Published 2 years ago Updated 1 year ago
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The Benefits Of A Scholarship

  • Financial Benefit. Many students graduate from university with huge student loan debt or have to limit their education...
  • Educational Benefit. Having a scholarship that pays for your education can actually reduce your risk of dropping out and...
  • Career Benefit. Earning a scholarship can actually make you a more attractive job candidate.

Scholarships provide financial support for students to help pay for a college degree. These funds enable students to obtain education they may not have access to otherwise. Scholarships go further than being financial aid for many students. They reward deserving students with the ability to afford higher education.

Full Answer

How do scholarships impact lives of students?

Yet every year, millions of dollars go unclaimed.

  • Mehregan Saffari, 21
  • Commerce student at Ryerson University, Scholarship: Bill 7 Award, a scholarship for LGBTQ+ post-secondary students in Ontario with financial need.
  • Romina Mahinpei, 18
  • Science student at University of. ...
  • Tracie Léost/Ogitchida Ikwe, 21
  • Social work student at University of. ...
  • Anamjit Singh Sivia, 26

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How will a scholarship help your future education?

How Will a Scholarship Help Achieve Your Education & Career Goals?

  • Financial Benefits. The first obvious advantage of getting a scholarship is, of course, financial. ...
  • Freedom to Study and Academic Achievement. Lessened financial stress means more time and energy to study. ...
  • Prestige and Better Career opportunities. ...
  • Writing Your Educational Goals Essay. ...

What are the benefits of getting a scholarship?

What are the advantages of having a scholarship?

  • Scholarships offer free money for colleges, and it is the main reason why students apply for it. ...
  • Unlike student loans, scholarships don’t have to be paid back. ...
  • Applying for scholarships shows that the student has motivation and initiative, and colleges admire students who have the drive to succeed. ...

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Why scholarships are needed?

While he was good enough to get opportunities to play football at Butler, Davidson, Gardner-Webb and Presbyterian, he wasn’t being offered a scholarship by the Tar ... and this fall he probably won’t need a map to find his classes.

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How do you answer how a scholarship would benefit me?

You should answer this scholarship essay prompt by explaining how the award money will help you in at least one of the following ways: financially, professionally, and/or academically.

How will I benefit from a scholarship?

The Rewarding Benefits of Applying to ScholarshipsReduces the Financial Burden. ... Allows You to Focus on Your Education. ... Offers an Advantage. ... Distinguishes Your Achievements. ... Helps You Attend a Better University. ... Makes Your Resume Stand Out. ... Decreases Future Debt. ... Provides Opportunities to Connect.More items...•

How a scholarship will impact your life?

Educational Benefit You may even be able to consider a more selective institution or major. By reducing financial concerns, scholarships can also mean more time for studying and learning, which can lead to better grades and retention of knowledge and increase your chances for continuing on to graduate school.

Why do I deserve this scholarship?

Share what you plan to do with the scholarship award Why you are deserving doesn't just have to do with your past achievements; it also has to do with your future plans and goals. Scholarship providers want to fund students who will go on to achieve great things or who wish to give back to their communities.

Why I deserve this scholarship essay examples?

“I deserve this scholarship because I graduated top of my class, even though I still had to help my little sister with her homework”. “I would be so grateful if I could receive this scholarship because my family is in a tough financial situation now, and my younger sister also dreams about going to college”.

Why is receiving this scholarship important to you essay?

Explain how your education will play a role in your career and overall goals after graduation. Focus on the purpose of the scholarship. While writing your essay, keep in mind what the scholarship is for and where it comes from. Tailor your response to the scholarship so it resonates with the review committee.

Why are scholarships important?

Here are 8 great benefits of scholarships and why they’re so important: 1. Scholarships Make Education Easier to Access. College in the United States is expensive: the average student debt of the class of 2018 is $29,800. If you’re a gifted student from a poorer background, accessing higher education can seem impossible.

Why do scholarships encourage philanthropy?

Scholarships Encourage Philanthropy. If you win a scholarship, it’s hoped that your approach to life will change. If you’ve been helped by this donation, then you may go on to become more philanthropic yourself. Perhaps you’ll go on to found another scholarship or support the college with charitable donations.

What are the benefits of Ivy League scholarships?

One of the best benefits of scholarships is that you’ll be able to access the very best education.

What does it mean when you put a scholarship on your resume?

When you apply to jobs with a scholarship on your resume, it shows that not only did you work hard in college, but you worked hard before.

How many students get a full ride scholarship?

In the United States, only 0.3% of students got a full-ride scholarship. As the odds are quite long, it can seem like there’s no point in applying for this financial aid. Yet the benefits of scholarships are huge and make applying well worth your time. We know that applying to college is a stressful experience and applying for scholarships can seem ...

What does winning a scholarship mean?

Winning a scholarship nets you more than just a healthy bank balance. Many colleges offer support to students that have won scholarships, to help them get the most out of their money. This doesn’t mean that your college will babysit your spending and curtail you from having fun, don’t worry!

Does networking help with academics?

Networking now can also grant you other academic opportunities, research opportunities, and give you a close- knit friendship group in your industry. 4. No Need to Work. According to government statistics, nearly half of all undergraduate students have a job to help them finance their studies and living costs.

What happens if you win a scholarship?

For some scholarships there are thousands of applicants. When you are recognized for your accomplishments it gives you the confidence to pursue other goals. It is very important for students to recognize their own potential early in their academic career so that they foster its growth—receiving recognition from an organization or company helps students take this step.

What is merit scholarship?

A merit scholarship confirms that you are a capable student who would be a great addition to the school.

What does merit based scholarship mean?

Receiving a merit-based scholarship indicates that you stood out among your peers. The scholarship provider recognized this quality, and it is important that you know see it too. When you apply for colleges or jobs in the future, you have proof that in at least one area you can distinguish yourself from other peers.

How much debt did the 2019 class of college students have?

That’s why a majority of college students take out student loans. Nearly 70% of the Class of 2019 took out student loans and graduated with almost $30,000 in debt. It’s a frightening statistic, and it’s part of why Scholarships.com exists to help students discover scholarships to pay for college.

Do scholarships replace loans?

In general, scholarships do not entirely replace the need to take out loans. Responsibly borrowing for college can be a worthwhile investment, but for students and their families take out an abundance of student loans, the results can be frustrating – saddled with debt that’s increasingly harder and harder to pay off. [...]

Is a scholarship beneficial?

This is not the case. In fact, winning a scholarship will be beneficial to any student for several years following their receipt of the award. If you are on the fence about applying for scholarships ...

Can a scholarship make your resume stand out?

Distinguishing your resume from those sent by hundreds of other applicants can be difficult. A scholarship can make it easy to make your resume stand out. Being recognized by someone else for your achievements is sometimes enough to get you in for an interview with a future employer.

Why are scholarships important?

In addition to the financial support scholarships provide, these opportunities also help recipients become more empathetic and socially responsible. Scholarship recipients are appreciative of what they receive and, in turn, are more likely to give back in their own lives.

What does it mean to be a scholarship recipient?

As a scholarship recipient, you become a member of an exclusive community. You get the opportunity to meet people from a variety of backgrounds and form a lifelong association with the institution that awarded you this academic honor.

What is a scholarship for college?

A scholarship is an award granted in the form of financial payment to students who are academically meritorious and high achievers. The central government, state government, corporates, and different NGOs offer ample scholarships opportunities to students who want to pursue their education at the school level to post graduation and also who want to study overseas for further education. Let us now learn about a few benefits of winning a scholarship!

What does it mean to win a scholarship?

By winning a scholarship from any association or institute, the recipient becomes a life-long member. The institute/association is always there to help them through challenging situations in life. This relationship is extremely beneficial for students who wish to continue their further studies without worrying about financial limitations. It also means that students can easily attend workshops and training organized for holistic and professional development. Students also get an opportunity to volunteer for different activities which in itself is a life-changing experience.

What is scholarship opportunity?

Scholarship opportunities provide access to education to every deserving and aspiring student. These programs offer a platform to the students to continue their education and learn without any financial constraint. Scholarships make education affordable for deserving candidates.

How does a scholarship help you?

A scholarship can make a big difference in your education. The money from a scholarship helps by allowing you to be more selective in how you spend your free time. You'll be able to maximize the college experience through service-learning, volunteer opportunities and internships.

Why do students get scholarships?

Many students graduate from college with enormous student loan debt or limit their education in an attempt to control costs. Because scholarships are free money, however, students can focus on their careers instead of thinking about how they will repay loans. This allows them to go into fields like law or medicine that require postgraduate training or to pursue careers in public service or other areas that don't pay high salaries. By removing financial barriers, scholarships make education and career goals easier to obtain.

What is merit based scholarship?

Generally, a merit-based scholarship demonstrates to future employers that you have exceptional ability in the academic, athletic or artistic realm.

Why do people get scholarships?

By removing financial barriers, scholarships make education and career goals easier to obtain.

Is financial aid necessary for college students?

Financial assistance is a necessity for many college students, particularly those planning careers that require many years of education beyond the undergraduate level.

Do scholarships have to be repaid?

Like grants, scholarships do not have to be repaid. But grants are often need-based, so scholarships are more prestigious and can enhance your resume as well as help you pay for your education.

Why do students need scholarships?

Scholarships come in a variety of shapes and sizes. There are countless reasons a student would have to apply for financial aid or receive gifted funding to attend school. The institutions and organizations providing scholarships to students must take care to accurately manage their finances to ensure strong relationships with donors and recipients.

What are some examples of academic merit?

Two common examples are: Academic / Merit: Exceptional performance in academics, athletics or artistic endeavors can land students a scholarship to a particular university or program. First in Family: If someone is the first person in their family to attend college, they are eligible for financial assistance.

What is a scholarship?

A scholarship is a financial support award used to pay for certain aspects of your education, such as tuition or living expenses. They don't require repayment. Consider scholarships as free money you can use for the earmarked purposes. You can earn these awards from many sources, including:

How can a scholarship help you with your education and career goals?

There are many areas where scholarships can benefit your life in and out of the classroom, including:

How do I find scholarships?

If you think earning a scholarship is a good choice for furthering your education, consider the ways you can find ones that apply to your situation, such as:

Tips to Consider

One of the first things to consider is to express who you are in your writing. Show scholarship providers why you deserve this scholarship by painting them a picture of who you are and what drives you. But remember to keep it related to the scholarship. For example:

Ready to Start Answering an Essay Prompt Like This?

Now that you’ve got a better grasp on how to answer a prompt like, “Explain why you deserve this scholarship,” we think you’re ready to start writing and applying to scholarships! Get started by signing up for a free profile with Going Merry. You can write your essay and apply to thousands of scholarships.

Think About Your Goals

It can be challenging to think about what your goals are after college. This is especially true if you haven’t decided on a major and have no idea what you want to study.

Writing Tips – Getting Started

When starting to write your essay, make sure you open with a catchy introduction. This can be a question, an anecdote or a personal story. You want to grab your reader’s interest right away. Start with something unique, rather than using a generic sentence that any other student can use.

Explain The Inspiration Behind Your Goals

You’ll then want to explain the inspiration behind your goals. What led you to want to pursue these goals? What experiences have you had in life which have influenced you and your dreams?

Discuss Your Goals

After discussing your past experiences, talk about your education and career goals. Do you have a major? How will it help you achieve your goals?

Make a Creative Conclusion

In your conclusion paragraph, you should summarize the major points in your essay. Then finish with a closing thought. You should try to make it creative and unique. You want to leave a lasting impression on the reader.

Scholarship Goals Essay Example

It was November, 2016, a few days before Thanksgiving. My class took a field trip to a soup kitchen to serve lunch. I poured piping hot soup into bowls while people started to fill the room. It was a great way to warm up on the frigid November day. Their eyes seemed empty and sad. “Happy Thanksgiving” we said to one another, as our eyes locked.

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