Private Scholarships

"Private Scholarships" submitted by SchoolGrantsfor Editorial Team and last updated on Friday 22nd July 2011

In 1991, the privately funded Educational Choice Charitable Trust began to offer tuition assistance to low-income families in Indianapolis. In the 1998-99 school year, more than 30 programs affiliated with the Children's Educational Opportunity Foundation (also known as CEO America) offered private scholarships for over 13,000 low-income students to attend their schools of choice. More than $61 million was raised by CEO America to fund these scholarships, but the unfortunate fact is that over 4,000 students are on waiting lists in hopes of receiving one of the scholarships.

Private scholarships may be obtained through a wide variety of outside sources. Numerous companies and organizations offer scholarships based on varying criteria. We encourage all students to research and apply for scholarships. Private scholarships are available throughout the year. College alumni and other private scholarship sponsors occasionally establish scholarships with esoteric eligibility requirements, such as a scholarship for left-handed students. Although there aren't many of these unusual scholarships, they often attract a lot of attention because of their slightly offbeat nature.

Students who excel in academics, athletics, debate, drama, music, community service, and many additional areas can be eligible for merit based scholarships by government and private foundations. These financial gifts are also awarded based on certain categories such as club membership, ethnicity, interests, and career plans.

Some scholarships, referred to as regional scholarships, can be granted based on where you live. In fact, a regional scholarship is probably your best chance for getting free financial aid. These are special scholarships just for locals, meaning it will be less competitive, as there are usually less applicants. Private foundations such as local banks, grocery stores, clubs, businesses, organizations, and churches are all potential sources for regional scholarships. You should also check State-funded scholarships. States have lots of money to disperse when it comes to providing education.

There are many college scholarships and grants that are offered by national private or non-profit organizations which have as their mission the goal of providing assistance to students from economically disadvantaged circumstances. In order to qualify for one of these private grants or scholarships, there is usually a contest or drawing that you must enter. If you are notified that you won a scholarship or grant but you did not submit an entry for it, it is not likely a legitimate source of aid. The amount of the awards vary from modest to full tuition.

As evidenced by the studies and personal testimonies, the private scholarship movement is allowing parents to take educational matters into their own hands by providing them the opportunity to choose a quality education for their children. Undergraduate scholarships and graduate fellowships are forms of aid that help students pay for their education. Unlike student loans, scholarships and fellowships do not have to be repaid. Hundreds of thousands of scholarships and fellowships from several thousand sponsors are awarded each year.

Check with your school counselor—thousands of scholarships are available through:

Next, use the free scholarship directories and search engines online (see back cover). Ask your teachers, counselors or coaches about scholarships for students with your talents. Check magazines or Web sites devoted to your interests or skills. Also, contact your parents’ employers or labor unions, as well as the human resources offices of large companies in your area.

You can apply for scholarships throughout your college years. Be prepared: You may need to write letters and essays or be interviewed as part of the application process. More details about Scholarships

Also See:
Where To Find Scholarship (Online Scholarship Search Services)