Three Scholarship Steps for Current College Students

It is scholarship award season, and if you’re getting notification letters in the mail letting you know you just received money to help cover tuition costs for next year, congratulations! But if the responses you received would be better shredded for cat litter, don’t be disheartened.

Many students believe that scholarships aren’t open to students already enrolled in college, but that’s actually a misconception. In fact, there are many scholarships available to current college students. If you’ve been forced to take out loans to pay for college, don’t pass up the opportunity to lessen your loan burden by researching and applying for scholarships out there for undergrads.

Here are three steps you should take:

1. Visit your college’s financial aid office: Most colleges and universities have scholarships available to students already enrolled in classes, or they can direct you to the scholarship opportunities they’re familiar with for current students.

2. Search online: Use the same online search engines you probably used for your initial scholarship search to research scholarships available to current college students.

3. Apply: In less than four years, you could be making your first loan payment. And believe me, you’ll be grateful for any dime you don’t have to send away to your student loan company.