DAVE RAMSEY

Hey, high schoolers – cast net wide and go deep on college scholarship search

Oct 30, 2022, 5:45 AM
(Pexels Photo)...
(Pexels Photo)
(Pexels Photo)

If you’re a freshman or sophomore in high school, you might think you don’t need to worry about college tuition right now because you have a ton of time before you graduate.

But graduation will be here before you know it, and college can be super expensive. You don’t want to walk across the stage in your cap and gown before you make a plan to pay for college — that’s how you get stuck with student loans. If you start thinking about college now, you can pay for college like I did — with scholarships!

When you hear “scholarships,” you might think those are just for extremely lucky and blessed people. Or you might immediately feel overwhelmed because you have no idea where to start or what to look for.

Finding (and winning) scholarships takes time and effort, but everyone, including you, has a shot at winning scholarships. The most common mistakes I see students make are either that they focus too much on big national scholarships that have a lot of competition, or they don’t apply to enough scholarships. That’s why you want to frame your search with a proven method of applying for scholarships: cast wide and go deep.

This tactic can help you get scholarships that you might not otherwise win if you were to only apply for the most well-known ones. It also means if you miss out on one scholarship, you still have others to take its place. The more scholarships you apply to, the more chances you have of being selected for one. So cast wide and apply for several scholarships to increase the odds of success.

Then, once you start looking for scholarships, you’ll realize there are so many different opportunities out there.

There are scholarship programs that receive more than 100,000 applicants each year because they have very few restrictions on who can apply. But there are also some scholarship programs that really limit who can apply. Both can turn into cash for college if you’re the right candidate. So go deep in your exploration of the different types available.

Now, when you apply for a scholarship, you’re essentially selling yourself on a piece of paper. But it’s important to remember that just like you’re looking for scholarships that are perfect for you, the people awarding the scholarships are looking for the perfect recipients for their award.

One scholarship committee could be completely blown away with your application, while another could pass over the exact same application. But don’t let that hold you back. Keep looking and applying.

Thousands of scholarships are given out each year. Since you can’t apply for them all, it’s important to find the ones that are most relevant to you and your background and experience.

It’s better to put your strongest effort into a few scholarships that fit you well than to waste weak efforts on numerous awards that you know you’re not a good candidate for.

Reflect on who you are and what you want. Determine your college goals, then go after the scholarships that make the most sense for you.

These scholarships are the best way to invest in your future, and they’re the ones you should spend most of your time and energy on!

Dave Ramsey

(Pexels Photo)...
Kristina Ellis

How college students can earn cash over winter break

One thing that helps with paying for college (or covering those extra expenses along the way) is making the most of your holiday breaks.
2 days ago
(Unsplash Photo)...
Dave Ramsey

Dave Ramsey says: Sit down with mom, talk over loan payment situation

Mom has wrong idea about an old loan. Offer to be her biggest cheerleader and help her find a good financial coach, but under no circumstances take a loan she took out and put it under your name.
7 days ago
(Pexels Photo)...
Kristina Ellis

These tips will help you and your kids save money on college application costs

Qualified high schoolers can get a fee waiver that will let them apply to college free. This can seriously help cut back on college application expenses.
9 days ago
(Pexels Photo)...
Dave Ramsey

Dave Ramsey says: Pay off the debts in collection starting with smallest

There’s no upside to not paying what you owe. It’s an integrity issue, it’s a legal issue, and it’s a credit issue. Start knocking out the debt that’s in collections from smallest to largest.
14 days ago
(AP Photo/J Pat Carter, File)...
George Kamel

Make the most of marketing schemes Black Friday, Cyber Monday

We’ve all made our share of shopping mistakes on that fateful weekend after Thanksgiving, but not this year, my friends. Here are six money-saving tips that will make these sales work for you.
16 days ago
(Pexels Photo)...
Dave Ramsey

Dave Ramsey says: It’s best to pay off old and new debts

If you've borrowed money, it's best to pay off debt starting with the oldest to newest, as it can cause many issues.
21 days ago

Sponsored Articles

(Desert Institute for Spine Care photo)...
DESERT INSTITUTE FOR SPINE CARE

Why DISC is world renowned for back and neck pain treatments

Fifty percent of Americans and 90% of people at least 50 years old have some level of degenerative disc disease.
...
SCHWARTZ LASER EYE CENTER

Key dates for Arizona sports fans to look forward to this fall

Fall brings new beginnings in different ways for Arizona’s professional sports teams like the Cardinals and Coyotes.
...
Day & Night Air Conditioning, Heating and Plumbing

Here are 4 signs the HVAC unit needs to be replaced

Pool renovations and kitchen upgrades may seem enticing, but at the forefront of these investments arguably should be what residents use the most. In a state where summertime is sweltering, access to a functioning HVAC unit can be critical.
Hey, high schoolers – cast net wide and go deep on college scholarship search