Current:Home > NewsStill unsure about college? It's not too late to apply for scholarships or even school. -FutureFinance
Still unsure about college? It's not too late to apply for scholarships or even school.
View
Date:2025-04-16 08:53:55
Even with the May 1 deadline for college decisions come and gone, many students may still be undecided about which school to attend, or they may have given up after a botched FAFSA roll-out and other problems securing financial aid.
But education experts want students and families to know, that it isn’t too late to get scholarships or even apply to a school to attend this fall.
Students have access to 1.7 million private scholarships and fellowships whose total value tops $7.4 billion, according to the independent nonprofit foundation Educationdata.org. Some applications for that funding require essays and academic or athletic achievement. But many don’t. Some take as few as two minutes to complete, with a chance to win as much as $25,000. Scholarships are also gifts and don’t have to be repaid.
“This is important both from an emotional standpoint and a practical, financial standpoint,” said James Lewis, president of the National Society of High School Scholars (NSHSS), a private foundation that works as a nonprofit to honor high-achieving students. “With the FAFSA delays and confusion, millions of young people feel helpless," he said, "But there is one area where they can take control and that’s applying for scholarships.”
FAFSA is the Free Application for Federal Student Aid.
Learn more: Best personal loans
Who can apply for scholarships?
Anyone.
“Scholarships are available on a year-round basis and they’re not just for high school seniors – students of all grades and ages can apply,” Lewis said, noting college or graduate school students can also apply. “There’s literally a scholarship for everyone.”
Merit-based scholarships may require you to meet or exceed certain standards set by the scholarship-giver. Others may be needs-based. Many are geared toward specific groups of people: women; graduate students; where you or your parent work; military families; athletes, minorities; community service; music; and religious organizations.
Where can I find scholarships?
Everywhere.
“We generally start by suggesting students begin at home in their local communities,” Lewis said. “There, many business organizations and corporations provide scholarships. At the local level, there are also scholarships for virtually any extracurricular activity, from sports and dance to theater and STEM clubs.”
The Department of Education and NSHSS also offer suggestions and resources. Specific sites like StudentScholarships.org, Going Merry, Niche, and Scholly by Sallie Mae list scholarships.
Can I get a scholarship in time for school this fall?
Scholarship notifications vary widely, but most take one to three months, Lewis said.
“This should not discourage applicants,” he said. “Those who apply for scholarships will most likely have their awards by the start of the new school year if they win, and they can keep applying for scholarships even when they're in college.”
Some students are even able to pay for all of college by leveraging scholarships. The most famous one? Scholly founder Christopher Gray landed $1.3 million in scholarships and got a deal on Shark Tank for his company.
What if I haven’t even applied or gotten into a school yet?
It’s also not too late!
- National Association for College Admission Counseling lists schools that are still accepting applications.
- Niche allows students to be considered for immediate acceptance at 91 schools across 30 states through its Direct Admissions program through August 1 for the 2024-25 school year.
How does Direct Admissions work?
Students create a free Niche profile and select schools they’re interested in. If the student meets a school’s criteria, that school sends an immediate acceptance that includes a breakdown of the costs of attending and any scholarship money it can offer.
Students can compare offers and accept one without having to complete a separate, full school application or FAFSA to receive the offered scholarship.
Niche has 38 fields to complete, and the student never has to pay an application fee, said Luke Skurman, Niche’s chief executive.
Half of all U.S. college-bound high school seniors create an account on Niche each year, he said. This year, more than 900,000 students have at least one Niche Direct Admissions offer, but the average is more than five offers per student with an average scholarship of $18,500 per year, he said.
Alternative path:Is it possible to avoid student debt? These career, education tracks offer a different path
Bottom line
Higher education may feel especially unattainable this year due to soaring school costs, high interest rates and difficulty getting federal aid, but don’t give up, experts say.
“The main things are to be organized and to stick with it,” Lewis said. “The rewards can be amazing!”
Medora Lee is a money, markets, and personal finance reporter at USA TODAY. You can reach her at mjlee@usatoday.com and subscribe to our free Daily Money newsletter for personal finance tips and business news every Monday through Friday morning.
veryGood! (18451)
Related
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Radio announcer Suzyn Waldman fed up with 'boring,' punchless Yankees
- Recreational fishing for greater amberjack closes in Gulf as catch limits are met
- Riverdale Season 7 Finale Reveals These Characters Were in a Quad Relationship
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- Horoscopes Today, August 24, 2023
- New York governor urges Biden to help state with migrant surge
- Kroy Biermann Files for Divorce From Kim Zolciak Less Than 2 Months After Reconciling
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- New gas pipeline rules floated following 2018 blasts in Massachusetts
Ranking
- Highlights from Trump’s interview with Time magazine
- When does 'The Morning Show' Season 3 come out? Release date, cast, trailer
- Dispatcher fatally shot in Arkansas ambulance parking lot; her estranged husband is charged
- At least 3 killed in shooting at historic Southern California biker bar
- The Super Bowl could end in a 'three
- Pete Davidson and Chase Sui Wonders Break Up After 8 Months
- Sandwich chain Subway will be sold to fast-food investor Roark Capital
- U.S. job growth wasn't quite as strong as it appeared last year after government revision
Recommendation
Skins Game to make return to Thanksgiving week with a modern look
Federal judge in lawsuit over buoys in Rio Grande says politics will not affect his rulings
Federal judge in lawsuit over buoys in Rio Grande says politics will not affect his rulings
High school comedy 'Bottoms' is violent, bizarre, and a hoot
Could your smelly farts help science?
Watch Yellowstone wolves bring 'toys' home to their teething pups
Kansas City, Missouri, says US investigating alleged racism at fire department
Historic Rhode Island hotel damaged in blaze will be torn down; cause under investigation