The number of scholarships that are available to students each year is continuing to grow. I have created five tips that can be used as a guide to help you begin the search for scholarships in 2018, so that you can take advantage of the free money that is available to you. Here are five ways that you can make your scholarship search easier in 2018:
Many students run into financial troubles once they get into post-secondary and get hit with some major bills. It is easy in high-school to ignore the costs associated with post-secondary education, but we are here to tell you that the last thing that you want to do is ignore those costs. There are thousands of high school scholarships available in Canada each year and many of these scholarships go unclaimed.
Here are five reasons on why it is important to look for scholarships in high school:
1. Understanding the Cost of University
One of the most beneficial aspects of looking for scholarships in high-school is that you are able to get a clear understanding of how much your post-secondary education is going to cost you each year. It is a good idea to look at the costs associated with your post-secondary institution and create a budget worksheet before you begin your scholarship search. Get a step ahead of most high school students by knowing the costs of your schooling and creating a financial plan.
2. You May be More Involved in Extra-Curricular Activities
Many post-secondary students say that they have much less time to commit to extra-curricular activities and volunteer than they did in high school. It is a good idea to take advantage of the volunteer and extra-curricular activities that you have built up over the years and put that into your scholarship applications. One of the main criteria for many scholarships is your commitment to extra-curricular activities. Scholarship committees are looking for well-rounded students and high-school students have more time to ensure that their resume is full.
3. There Are Specific Entrance Scholarships Available at Each University
I recently wrote another article that highlighted some of the best entrance scholarships at specific universities. However, almost every school will offer some sort of entrance scholarships that are available for high-school students to apply to when they are entering post-secondary. Entrance awards are something that can only be applied for in the first year that you apply to the university; therefore, you do not want to miss out on those opportunities.
4. How To Access Scholarships That Aren’t Available to Current Post-Secondary Students
Scholarship committees LOVE to give out scholarships and awards to grade 12 students to help ease the transition into post-secondary school. There are more grade 12 scholarships available than any other age group or category and once you get into university the scholarship opportunities are more limited. Take advantage of the scholarships that were designed for Grade 12 students as there is no better time to win scholarships. It is also very likely that you have more time in Grade 12 to apply then you will when you get to post-secondary so if you do the work now you can save yourself a lot of time down the road.
5. Setting Yourself Up for Financial Success
Did you know it is possible to get your entire education paid for in Grade 12? There are some major awards that will pay for an entire four-year degree as well as housing costs. These awards are highly competitive, but there are thousands of other awards that can put a good dent in the cost of your education before you even get to university. Set yourself up for financial success by accessing the millions of dollars that are available to current high school students.
Hopefully this has convinced you to put in the time and effort that it takes to complete scholarship applications or has at least got you thinking about what scholarships might be out there for you. If you are interested in learning more you can head to our high school page for more information!
For many students, the scholarship process can be extremely daunting. Students find it challenging to know where to begin their scholarship search, which is why many Canadian scholarships go unclaimed. Here are five simple steps to help you begin your scholarship search:
These five steps are the easiest way to kick start your search for Canadian scholarships and stay organized throughout the process. Once you take the first step and get started it becomes a lot easier and you will have success! Get started today and contact GrantMe!
By the time students start school in September, they have limited time to think about the ways in which they could save a few bucks. In fact, many students often don’t think about their finances at all. However, there are many tips and tricks that I used in college that saved me over $6000 in my five years. If you follow these tips, you could save yourself a year's worth of tuition. The best part is they are so simple!
1. RENT YOUR TEXTBOOKS
The cost of textbooks in university is astronomical. Students are often paying $100-$300 per book. Textbook costs for a student can total over $7500 throughout an undergraduate degree. Instead of buying textbooks, I used to rent them. Every semester I would head to the library before classes even started to make sure I got a copy. It saved me thousands of dollars and if you can’t find the textbook at your university just head to your city library! It also saves you the headache of selling the books after your course.
2. OPT OUT OF HEALTH COVERAGE
Most students receive medical and dental coverage through their university as a student. This cost is approximately $200-$300 a year that automatically gets added to student fees. However, most students are actually covered by their parent’s medical while they are a student. There is zero need for double coverage so if you are covered by your parents then I recommend opting out of university coverage and saving yourself $1000 over the course of university.
3. LIVE AT HOME OR OFF CAMPUS
Campus housing is ridiculously expensive. Particularly as a first-year, because you automatically have to opt in to the meal plan at some schools. First year residence can cost over $10,000. If you live slightly off campus you can cut your living expenses in half! The great thing about being a student is that you some schools give you a discounted bus pass that automatically comes with your school fees.
4. STUDENT DISCOUNTS
Always ask for a student discount! Many places offer discounts to students. Most gyms, cable companies, phone companies, restaurants and retail stores have discounts of up to 25% off that aren’t necessarily being advertised. If you don’t know, just ask!
5. CUT THE COFFEE
For a while, I had a terrible habit of buying a coffee every day at school. Spending $2.50 on a coffee may seem insignificant. But when you add up those costs over a month it can end up costing more than your phone bill. Buying a coffee maker could save you $750 over the course of a year. Obviously, I am not speaking strictly coffee. Whatever your indulgence may be, try to find a cheaper option.
I have been getting a lot of questions regarding student loans and I thought I would go over some basics! I have been asked questions such as how they work, how risky they are, how easy they are to get etc. So I thought I would take some time to write a blog post about them.
I will start by saying that contrary to what many parents/students think, student loans can be positive. Why do I say this? Well not only is it money that just sits in your bank with no interest to pay on it while in school, it also opens up many opportunities for funding from outside sources. Let me tell you a bit about what I did:
I decided in my fourth year of university I was going to go onto exchange to the University of Edinburgh. However, I was a little concerned about how much it would cost and my parents said that if I wanted to do it, I was responsible to save up the money to go. Although I made quite a bit of money in the summer, I wanted to be able to travel and I needed a safety net in order to do that. That was the point when I started looking into student loans. Prior to my fourth year, student loans weren’t even on my radar because I had been pretty successful with other scholarships and awards.
I got approved for a loan in my fourth year for something like $12,000. I had no intention of ever spending that money, but I wanted it just in case. So I put the money in a TFSA (Tax Free Savings Account) and let it earn interest. Little did I know, that by taking out a student loan, I suddenly qualified for many other scholarships and awards because I was in “financial need.” By the time I actually left to the UK, I had done over $10,000 in scholarships solely due to the fact that I had a student loan. There is a lot more funding for people who are in “financial need,” which is something I wish I had known in my first year.
Now that isn’t to say that there isn’t some negatives to student loans. Student loans can be difficult to access straight out of high-school because students often fall under their parents income regardless of how much their parents can actually contribute. Taking out a student loan requires you to have a certain degree of financial literacy. For some students, when they see $30,000 sitting in their back account, I am sure their instinct is to buy whatever they want. I was very diligent in making sure that I didn’t touch it (and luckily I didn’t need to). As a student you have to remember that a loan is still repayable. However, all of the wonderful scholarships and awards you may receive because of the loan won’t be repayable :)