Tuesday, August 08, 2006

Could You Earn a Degree for Free?

Read the whole article here on MSN Encarta.

Is there any chance you could get a free ride to college? It's not easy, says Barry W. Simmons, director of the office of scholarships and financial aid at Virginia Tech University in Blacksburg, Virginia.

"Unless you can score a 1600 on the SAT or can run faster and jump higher than anyone else, there aren't many 'full rides' out there," he says. "It's a matter of supply and demand."

Multiple sources

A student's best bet is to combine a variety of aid, including scholarships, grants, and financial awards. You'll have to do your homework, but it can pay off. "If a student has been thorough in his research, and used scholarship search tools, he will find many opportunities," Simmons says. Students must be aware that many local and regional scholarships last only one year, so they should check to see if they can "bank" any excess awards for future years, Simmons says.

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