Going to college comes with a huge price tag. Luckily, there are thousands of scholarships out there to ease the financial burden.
Even a small scholarship can help reduce the amount you take out in student loans. You can find scholarships that award students for anything from studying computer science to being a great bowler.
But how do you find these scholarships? To help you in your quest, here are useful scholarship search tools.
Scholly has helped students win more than $70 million in college scholarship money. It’s both an online search engine and mobile app. Just create an account, enter information about your location and activities, and Scholly will match you with local and national scholarships.
Scholly is the brainchild of Christopher Gray. After growing up poor in Alabama, Gray managed to win an incredible $1.3 million in scholarship money. Now, he’s on a mission to help others gain funding for college, too.
Unlike other scholarship search tools, however, Scholly isn’t free to use. At last check, it offered three subscription types, costing between $7.99 for a month to $44.99 for a year.
College Board’s Scholarship Search engine has long been an industry leader for locating scholarship and grant money. It partners with over 2,200 programs and has a number of filters to help you narrow down your options.
You can enter personal and academic information to find scholarships for which you’d qualify or you can search for scholarships by type. Some scholarships honor academic achievement, while others prioritize students involved in certain activities.
The search engine is just one of the reasons to be using CollegeBoard.org.
For even more scholarships and grants, head to Fastweb. After going through a quick sign-up process, you can sift through over 1.5 million scholarships worth over $3.4 billion. The site has a user-friendly design and is easy to navigate.
Plus, you can organize your finds into different lists. One list could be for academic achievement scholarships, another for California residents and a third for field hockey players. Fastweb is a useful tool for staying organized that can help you find lots of scholarship money.
Scholarships.com offers a robust database of grants across the country. In fact, the site has collected over 3.7 million scholarships adding up to $19 billion. Create a profile with Scholarships.com, then narrow down your options with personalized filters.
Each scholarship will have its own application requirements, but some may overlap enough so you can use the same materials to apply.
Cappex is another huge directory of scholarships totaling over $11 billion in scholarship money. It offers a frequently updated database, so you can find exactly what you’re looking for.
Cappex doesn’t just offer a scholarship database. It also gives advice on the college application process, offers college reviews and provides overviews of different majors.
The Chegg scholarship finder is another great tool that will help you find scholarships for school. If you sign up, you’ll get additional filters to customize your search. But if you prefer, you can get started without one and search by location, GPA and application type.
If you’re burnt out with application essays, narrow the list down to scholarships that don’t require an essay. Filtering will help you avoid scrolling through the site’s 25,000-plus opportunities.
Head to the Niche scholarship search engine for a user-friendly directory with no required sign-up process. One of its best categories is the “Easy to Apply” filter. Here, you can do a scholarship search for ones that don’t require an essay, GPA or recommendation.
With such an easy application process, it will be even easier to give these scholarships your best shot.
Peterson’s college scholarship database boasts $10 billion worth of opportunities for aid. You can search by scholarship, grant, fellowship and even by forgivable loan whether you’re an undergraduate or graduate student.
Like Cappex and other resources, Peterson’s could be your one-stop shop. It assists with test preparation and building a college list.
Like the private companies listed above, the federal government also provides a searchable list of scholarships.
The Department of Labor’s CareerOneStop website is known to help undergraduates and graduates alike with choosing a career field. But CareerOneStop also features more than 8,000 scholarships. Save time scanning by highlighting results according to your degree level and the location of your home and school.
Finally, don’t forget to search locally for scholarship opportunities. Your school counselors are an excellent resource, as they work with students year after year to find college funding. You can even ask around at a community center or Rotary Club about college funding.
Many local scholarships only award $1,000 or less, but the pool of applicants is smaller than for many national awards. Even small scholarships will help pay your living costs and reduce the amount you take out in student loans.
When choosing a college, the cost of tuition is an important consideration. Before ruling out an expensive school, search for scholarships that could help lower the cost and perhaps eliminate the need for federal and private student loans.
Scholarships are a form of gift aid that you typically won’t have to repay, and there are thousands of them out there. You don’t have to stop the scholarship search once you get to college, either. Even if you’re already a year or two into your education, you can qualify for gift aid for your remaining years at school.
The most coveted scholarships could cover the full cost of college tuition. Check out this guide for full-ride scholarships that could cover tuition and more.
Andrew Pentis contributed to this report.
Need a student loan?Here are our top student loan lenders of 2022!
|0.94% – 12.99%1||Undergraduate|
|2.00% – 12.35%*,2||Undergraduate|
|0.94% – 11.44%3||Undergraduate|
|0.98% – 11.90%4||Undergraduate|
|1.69% – 11.98%5||Undergraduate|
|1.86% – 9.39%6||Undergraduate|
|0.00% – 23.00%8||Undergraduate|
|* The Sallie Mae partner referenced is not the creditor for these loans and is compensated by Sallie Mae for the referral of Smart Option Student Loan customers.
1 Important Disclosures for College Ave.
College Ave Student Loans products are made available through Firstrust Bank, member FDIC, First Citizens Community Bank, member FDIC, or M.Y. Safra Bank, FSB, member FDIC.. All loans are subject to individual approval and adherence to underwriting guidelines. Program restrictions, other terms, and conditions apply.
Rates shown are for the College Ave Undergraduate Loan product and include autopay discount. The 0.25% auto-pay interest rate reduction applies as long as a valid bank account is designated for required monthly payments. Variable rates may increase after consummation.
Information advertised valid as of 7/1/2022. Variable interest rates may increase after consummation. Approved interest rate will depend on the creditworthiness of the applicant(s), lowest advertised rates only available to the most creditworthy applicants and require selection of full principal and interest payments with the shortest available loan term.
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3 Rate range above includes optional 0.25% Auto Pay discount. Important Disclosures for Earnest.
Actual rate and available repayment terms will vary based on your income. Fixed rates range from 3.49% APR to 13.03% APR (excludes 0.25% Auto Pay discount). Variable rates range from 1.19% APR to 10.14% APR (excludes 0.25% Auto Pay discount). Earnest variable interest rate student loan refinance loans are based on a publicly available index, the 30-day Average Secured Overnight Financing Rate (SOFR) published by the Federal Reserve Bank of New York. The variable rate is based on the rate published on the 25th day, or the next business day, of the preceding calendar month, rounded to the nearest hundredth of a percent. The rate will not increase more than once per month. Although the rate will vary after you are approved, it will never exceed 36% (the maximum allowable for this loan). Please note, Earnest Private Student Loans are not available in Nevada.
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Ascent loans are funded by Bank of Lake Mills, Member FDIC. Loan products may not be available in certain jurisdictions. Certain restrictions, limitations; and terms and conditions may apply. For Ascent Terms and Conditions please visit: AscentFunding.com/Ts&Cs
Rates are effective as of 07/01/2022 and reflect an automatic payment discount of either 0.25% (for credit-based loans) OR 1.00% (for undergraduate outcomes income-based loans). Automatic Payment Discount is available if the borrower is enrolled in automatic payments from their personal checking account and the amount is successfully withdrawn from the authorized bank account each month. For Ascent rates and repayment examples please visit: AscentFunding.com/Rates.
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5 Important Disclosures for SoFi.
UNDERGRADUATE LOANS: Fixed rates from 3.75% to 13.30% annual percentage rate (“APR”) (with autopay), variable rates from 1.89% to 11.98 % APR (with autopay). GRADUATE LOANS: Fixed rates from 4.75% to 13.30% APR (with autopay), variable rates from 2.59% to 11.98% APR (with autopay). PARENT LOANS: Fixed rates from 4.48% to 13.55% APR (with autopay), variable rates from 1.69% to 11.98% APR (with autopay). For the SoFi variable-rate product, the variable interest rate for a given month is derived by adding a margin to the 30-day average SOFR index, published two business days preceding such calendar month, rounded up to the nearest one hundredth of one percent (0.01% or 0.0001). APRs for variable-rate loans may increase after origination if the SOFR index increases. Interest rates for variable rate loans are capped at 13.95%, unless required to be lower to comply with applicable law. Lowest rates are reserved for the most creditworthy borrowers. If approved for a loan, the interest rate offered will depend on your creditworthiness, the repayment option you select, the term and amount of the loan and other factors, and will be within the ranges of rates listed above. The SoFi 0.25% autopay interest rate reduction requires you to agree to make monthly principal and interest payments by an automatic monthly deduction from a savings or checking account. The benefit will discontinue and be lost for periods in which you do not pay by automatic deduction from a savings or checking account. Information current as of 06/17/2022.
6 Important Disclosures for Citizens Bank.
Citizens Bank Disclosures
7 Important Disclosures for Funding U.
Funding U Disclosures
Offered terms are subject to change. Loans are made by Funding University which is a for-profit enterprise. Funding University is not affiliated with the school you are attending or any other learning institution. None of the information contained in Funding University’s website constitutes a recommendation, solicitation or offer by Funding University or its affiliates to buy or sell any securities or other financial instruments or other assets or provide any investment advice or service.
8 Important Disclosures for Edly.
1. Loan Example:
About this example
The initial payment schedule is set upon receiving final terms and upon confirmation by your school of the loan amount. You may repay this loan at any time by paying an effective APR of 23%. The maximum amount you will pay is $22,500 (not including Late Fees and Returned Check Fees, if any). The maximum number of regularly scheduled payments you will make is 60. You will not pay more than 23% APR. No payment is required if your gross earned income is below $30,000 annually or if you lose your job and cannot find employment.
2. Edly Student IBR Loans are unsecured personal student loans issued by FinWise Bank, a Utah chartered commercial bank, member FDIC. All loans are subject to eligibility criteria and review of creditworthiness and history. Terms and conditions apply.