You will be logged off in  seconds due to inactivity. Click here to continue using this web page.

Money 

Matters

Skip to main content
Forgot Password   Login  Register   Staff Resources
Home
HOME
SPENDING PLAN
SAVE & INVEST
CREDIT & DEBT
PLANNING FOR COLLEGE
ENTREPRENEURSHIP
GAMES & TOOLS
Skip navigation links
Investing In Your Future
Getting into College
What College Costs
Covering the Cost
What Next?
Managing Your Spending
Scholarships and Grants

Scholarships and Grants
Scholarships and Grants 
Planning for College 

Scholarships and grants are money others give you to help pay for your education. The scholarships you’re offered from your college or other organizations may be large enough to cover all or some of your tuition and other college-related expenses, sometimes for all four years. Or, they may cover just some of your college costs.

To be eligible for this assistance, you need to apply and meet the eligibility requirements. Sometimes all that’s required is filling out the Free Application for Student Aid (FAFSA). Other scholarships and grants require a separate application, and might be based on need, excellent grades, a particular talent or other criteria.

In most cases, you have to satisfy the requirements of the grantor. This may include getting good grades, continuing to enroll at least half time and sometimes putting your particular talent or skill to work.

To read more about the types of scholarships for which you might be eligible and how to apply, check out the Scholarship Worksheet and these online resources:

Back to Covering the Cost


 A Real Difference

Scholarships and grants usually don’t have to be repaid. Loans typically do.  There are some loan forgiveness programs for students who choose certain public-service jobs.