Laura interviews Jocelyn Paonita Pearson, a scholarship expert and founder of The Scholarship System. They talk about how to pay for college without loans by using scholarship funds. After years of trial and error, Jocelyn cracked the code on how to get a free ride through college. She got over $126,000 in scholarships and graduated completely debt free. You’ll learn common scholarship myths to avoid, different types to go after, the best age to start applying, and a free resource to learn more.
Student loans are one of the biggest financial challenges that students and parents are facing right now. As if getting a good college education wasn’t expensive enough, most public and private institutions keep raising the cost of tuition, fees, and room and board every year.
But what if you could pay for a top-notch education with someone else’s money that you don’t even have to repay? Scholarships are the best way to pay for school, but are often completely overlooked and misunderstood by students and parents.
If you think you need to be an Einstein or an athletic superstar to get free money for school, you’re in for a surprise. In my interview with Jocelyn Paonita Pearson, scholarship expert and founder of The Scholarship System, we talk about how she got over $126,000 for college.
Jocelyn was an average student from a large family that didn’t qualify for financial aid. After years of trial and error, she cracked the code on how to get a free ride through college and graduated completely debt free.
We discuss how families can tap into more scholarship money and avoid getting into student loan debt. You’ll learn:
- The optimal age students should begin applying for college scholarships
- How to avoid taxes on scholarship income
- Different types of scholarships to consider applying for
- Myths that typically hold families back from getting scholarship money
- How to continue getting scholarship money until graduation
- A free resource to uncover lesser-known and less competitive scholarships
5 Things You Should Know About College Scholarships
Applying for scholarships can be overwhelming for students and parents. There are many misconceptions about when to apply, where the money goes, how to find the best scholarships opportunities.
Here are 5 things you need to know about getting college scholarships:
1. Getting scholarships takes effort (but probably not as much as you think).
Applying for scholarships isn’t always easy. In fact, it takes hard work and dedication. But that can work in your favor because many students don’t try to get scholarships in the first place.
Less competition means you have a better chance to win scholarships, especially lesser-known opportunities.
2. Students can apply for scholarships through college graduation.
Don’t fall for the myth that only incoming college freshman can get scholarships. You can continue applying for and receiving scholarship money in your final year of college, and even beyond if you continue your education.
Eligibility varies depending on the scholarship and many are available to undergraduates during any year of their education. If you want to go to graduate school or get a doctoral degree, there are even scholarships for advanced education.