Affording college can seem like an uphill battle, but one strategy for making it work is to apply for scholarships. Even if you don’t think you’ll win, applying is worth a try.
Whether you’re a resident or heading to school in the state, scholarships in Ohio can help cover the cost of your college education.
Here are scholarships you should consider applying for, along with the due dates for your application.
1. Beat the Odds scholarship
Offered by the Children’s Defense Fund-Ohio, this scholarship is given to high school students who have both overcome hardship to persevere academically and given back to their communities. Five Ohio students win the award each year.
Award amount: You could get $5,000 and a laptop.
Deadline: Information on the 2019 deadline will be released online in September 2018.
How to apply: To be eligible, you must be a current high school student in Ohio and graduating by July of the year the scholarship is awarded. You can find application materials online starting in September 2018.
2. Community Foundation of Shelby County scholarships
The Community Foundation of Shelby County offers more than 60 scholarships. The qualifications for these scholarships vary. In general, though, high school seniors and current college students who are from Shelby County or nearby areas may qualify.
Award amount: You could get $9,000, according to Scholarships.com.
Deadline: The application for the 2019 scholarship will be available in December 2018.
How to apply: Application materials are available at the Community Foundation of Shelby County website.
3. NIADA/Manheim regional scholarship
The National Independent Automobile Dealers Association (NIADA) annually administers scholarships to students in four national regions based on leadership abilities and academics. The scholarship is sponsored by Manheim, an automobile auction company.
Award amount: You could get $3,500.
Deadline: Keep checking the website for 2019 scholarship information.
How to apply: Application materials will be posted on the website. For additional information, you can contact Jacinda Timmerman at NIADA.
4. Ohio EPA scholarship
This national scholarship is awarded to undergraduate students at both public and private Ohio institutions. You must demonstrate a commitment to a career in environmental science or environmental engineering.
Award amount: College seniors can win up to $2,500. Sophomores can earn up to $1,250.
Deadline: The 2019 deadline for these scholarships hasn’t been released yet.
How to apply: Details for 2019 applications will be available on the website.
5. Ohio News Media Association (ONMA) scholarships
If you’re majoring in a field relevant to the news media industry, such as journalism, marketing, advertising, or communications, you could be eligible for one of four scholarships from the ONMA.
Each year, two students earn a $2,000 award through the University Journalism Scholarship. The Harold K. Douthit Scholarship is a $1,500 award that’s given to one student annually. The ONWA Annual Scholarship is worth $2,000 and given to a college junior or senior. For high school seniors, the annual Minority Scholarship is worth $1,500.
Award amount: You could win between $1,500 and $2,000.
Deadline: Information for 2019 scholarship deadlines will be available through the ONMA website.
How to apply: You need to download the application when it becomes available on the organization’s website. If you want to get a head start, take a look at the 2018 application in case there’s any overlap heading into the next year.
6. Hamilton Community Foundation scholarships
The Hamilton Community Foundation offers three scholarship opportunities to students who are pursuing a postsecondary education and who are from Hamilton or went to Hamilton-area high schools.
Whether you’re a graduating high school senior, a current college student, a returning adult student, or a recent graduate, you could find a scholarship that matches your background.
Award amount: The foundation doesn’t publicize the award amounts for all of its scholarships. Its Talent Attraction Program Scholarship, however, awards up to $5,000 over a 25-month period to recent graduates.
Deadline: The 2018 deadlines for high school seniors and current college students have already passed. But applications for adult students and recent graduates are accepted on a rolling basis.
How to apply: Head to the Hamilton Community Foundation website for more information.
7. Ohio Parks and Recreation Association scholarships
The Ohio Parks and Recreation Association Foundation has three scholarships available to students who have an interest in parks and leisure studies. The following three types of students may qualify: those majoring in parks or law enforcement; those who exemplify the future of the profession; and those majoring in recreation in general.
Award amount: The Ohio Parks and Recreation Association website doesn’t list award amounts.
Deadline: The deadline for these scholarships is May 2019.
How to apply: In 2018, applicants had to write an essay in addition to filling out an application form. The essay question and form are available here if you want to prepare for next year.
What to do if scholarships in Ohio don’t cover your full cost
If scholarships in Ohio aren’t enough to cover your living and tuition expenses, look to national awards. If those don’t pan out, you could consider student loans.
1. Federal student loans
Federal student loans are offered by the government to help you afford the cost of college. Many students use federal student loans because they typically come with lower interest rates, plus borrower protections. For example, you may be eligible for income-driven repayment.
You don’t have to pay interest on federal student loans while you’re in school. You can also qualify for these loans with bad or no credit.
2. Private student loans
If you’ve exhausted all other financing options for your education, you could consider getting private student loans to cover remaining costs.
You’ll start incurring interest on private student loans as soon as you take them out. Private student loans don’t come with the same protections as federal loans. However, private student loans could help make college possible if you’re out of options for free money and federal loans.
Compare private student loan lenders to make sure you’re getting the best deal.
Create a strong financial plan
Whether you pay for school by securing scholarships, loans, or a combination of the two, the key to lasting financial health is creating a budget and planning ahead for repayment. Give your finances a good look as you map out your repayment plan for any loans you take out. And be persistent in applying for scholarships that could help you avoid student debt.
Need a student loan?Here are our top student loan lenders of 2018!
|1 Important Disclosures for CollegeAve.
College Ave Student Loans products are made available through either Firstrust Bank, member FDIC or Nationwide Bank, member FDIC. All loans are subject to individual approval and adherence to underwriting guidelines. Program restrictions, other terms, and conditions apply.
Information advertised valid as of 11/1/2018. Variable interest rates may increase after consummation.
2 Important Disclosures for Discover.
3 Important Disclosures for Ascent.
Before taking out private student loans, you should explore and compare all financial aid alternatives, including grants, scholarships, and federal student loans and consider your future monthly payments and income. Applying with a cosigner may improve your chance of getting approved and could help you qualify for a lower interest rate. Ascent Student Loans may be funded by Richland State Bank (RSB). Ascent Student Loan products are subject to credit qualification, completion of a loan application, verification of application information and certification of loan amount by a participating school. Loan products may not be available in certain jurisdictions, and certain restrictions, limitations; and terms and conditions may apply. Ascent is a federally registered trademark of Turnstile Capital Management (TCM) and may be used by RSB under limited license. Richland State Bank is a federally registered service mark of Richland State Bank.
* Application times vary depending on the applicants ability to supply the necessary information for submission.
* 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.
4 = Sallie Mae Disclaimer: Click here for important information. Terms, conditions and limitations apply.
5 Important Disclosures for PNC.
PNC Bank is one of the nation’s largest education loan providers. For over 40 years, PNC has been committed to helping students and their families make possible the adventure of college.
6 Important Disclosures for SunTrust.
Before applying for a private student loan, SunTrust recommends comparing all financial aid alternatives including grants, scholarships, and both federal and private student loans. To view and compare the available features of SunTrust private student loans, visit https://www.suntrust.com/loans/student-loans/private.
Certain restrictions and limitations may apply. SunTrust Bank reserves the right to change or discontinue this loan program without notice. Availability of all loan programs is subject to approval under the SunTrust credit policy and other criteria and may not be available in certain jurisdictions.
SunTrust Bank, Member FDIC. ©2018 SunTrust Banks, Inc. SUNTRUST, the SunTrust logo and Custom Choice Loan are trademarks of SunTrust Banks, Inc. All rights reserved.
7 Important Disclosures for LendKey.
Additional terms and conditions apply. For more details see LendKey
8 Important Disclosures for CommonBond.
A government loan is made according to rules set by the U.S. Department of Education. Government loans have fixed interest rates, meaning that the interest rate on a government loan will never go up or down.
Government loans also permit borrowers in financial trouble to use certain options, such as income-based repayment, which may help some borrowers. Depending on the type of loan that you have, the government may discharge your loan if you die or become permanently disabled.
Depending on what type of government loan that you have, you may be eligible for loan forgiveness in exchange for performing certain types of public service. If you are an active-duty service member and you obtained your government loan before you were called to active duty, you are entitled to interest rate and repayment benefits for your loan.
A private student loan is not a government loan and is not regulated by the Department of Education. A private student loan is instead regulated like other consumer loans under both state and federal law and by the terms of the promissory note with your lender.
If your private student loan has a fixed interest rate, then that rate will never go up or down. If your private student loan has a variable interest rate, then that rate will vary depending on an index rate disclosed in your application. If the interest rate on the new private student loan is less than the interest rate on your government loans, your payments will be less if you refinance.
If you don’t pay a private student loan as agreed, the lender can refer your loan to a collection agency or sue you for the unpaid amount.
Remember also that like government loans, most private loans cannot be discharged if you file bankruptcy unless you can demonstrate that repayment of the loan would cause you an undue hardship. In most bankruptcy courts, proving undue hardship is very difficult for most borrowers.
9 Important Disclosures for Citizens Bank.
Citizens Bank Disclosures
|3.94% – 12.78%1||Undergraduate, Graduate, and Parents|
|4.04% – 13.04%3||Undergraduate and Graduate|
|4.34% – 12.99%2||Undergraduate and Graduate|
|4.12% – 10.98%*,4||Undergraduate and Graduate|
|5.03% – 11.23%5||Undergraduate and Graduate|
|4.12% – 13.13%6||Undergraduate and Graduate|
|4.92% – 10.01%7||Undergraduate and Graduate|
|3.72% – 9.68%8||Undergraduate, Graduate, and Parents|
|4.26% – 12.13%9||Undergraduate, Graduate, and Parents|