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Scholarships, Bursaries, And Grants: How To Pay For School
You want to go to college or university. You want to get a fantastic, well-paying job. In the meantime, however, you are stuck with a bill for thousands of dollars. Where are you going to get the money?
Get a Scholarship
You can get scholarships for many different things. Some scholarships are available through academic achievement. Other scholarships are available for sports. Some schools offer you scholarships simply for attending. Sometimes you have to search for scholarships. Talk to your guidance counselor, or your schoolís department of awards and financial aid for information on how to find and apply for scholarships. (You can also check out The Guide to Student Loans--link below--for more information).
Get a Bursary
Bursaries are like scholarships, but they often require you to prove that you need financial aid. Sometimes it is simple to prove financial aid (by bringing in proof that your income doesnít meet your needs to pay tuition and living expenses). Other times you have to go through a more strenuous application process where you have to have your parentsí financial information as well.
Unlike scholarships, which are sometimes offered without you even applying, you typically have to apply for any bursary that you want. You can find bursaries online at scholarship sites, or you can find them through your high school or college.
Get a Grant
Grants are typically given to upper year students or students who are writing a thesis or dissertation. Grants are not like scholarships. For scholarships, you send in your resume or curriculum vitae and you hope that an organization will give you money based on your previous success record. For grants, you have to send in your resume and CV as well, but you also have to write a proposal. In your proposal, you explain what work you intend to do. You might then get a grant based on your proposal. Grant-writing tends to be much more involved than scholarship applications. You can get grants from the government, from your school, and from third party organizations.
Get a Fellowship
Upper year students and graduate students can also often apply for a fellowship. A fellowship means that you will be filling a position at the school. This typically means that you deliver a lecture or two, or sometimes teach a course. Each fellowship position is different. Fellowships are competitive, but worth the application. They will in turn look good on your curriculum vitae.
Get a Job
If applying for grants, scholarships, and bursaries is not your cup of tea, consider going to school part time and working part time. You might also be able to fit a small part time job in on top of your full-time coursework.
You can often get a job on campus that will help you to better balance your work and school. Can you work in your department?
Not only can you work on campus, you could choose to work at a job that supports your studies. If you are a great student, consider tutoring. If you are studying theatre, get a job at the box office. If you are in sciences, see if there are any laboratory positions available. You can work as a research assistant in almost any department at a university. Will they pay you to co-ordinate student volunteer programs or to run the childcare center? Finding employment during college can be easy and fun.
Get a Loan
Anyone can successfully obtain a student loan. You just want to make sure that you get the loan thatís right for you. You want the best rates, the best package, and the best deal. To sort yourself through the maze of student loans (graduate student loans, parent loans for students, student loan consolidation, international student loans and much more) visit The Guide to Student Loans (link below).
With all of the options on how you can pay for your post-secondary education, itís no wonder that more people are going to college and university now. It might seem daunting at first, but narrow your options and choices to find out the best way to pay for your university funding, and you will be one step closer to your degree!
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