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College Scholarship Tip: Understand Financial Need

How to get the most financial aid for college as possible

“Financial Need” is a very broad term and defined by each scholarship provider and college with their own sets of guidelines.

If your family is struggling to find the money for your student’s college tuition and fees, go ahead and apply for scholarships open to students with financial need, making sure to carefully read the requirements provided in the guidelines for each scholarship application.

Many applications will use the term “financial need” but not ask for specific family income numbers. Others will want detailed financial information, but then give students a place to explain why they feel they need the scholarship money.

NOTE:  If proof of income is required, such as copies of FAFSA Student Aid Reports (SAR/SAI) or tax returns, be sure to black out social security numbers before submitting.

Never pass up a scholarship opportunity by assuming your student will not financially qualify to apply.

Take the time to read each set of scholarship guidelines before making an informed decision. You never know how many students apply for each scholarship, so if you feel your family has financial need and there are no set guidelines (income limits, etc.) I strongly encourage you to apply for the award.


College Scholarship Tip: Understand Financial Need, more college scholarship tips from Monica Matthews found found at https://how2winscholarships.com

The How to Win College Scholarships ebooks will walk you through the scholarship process and help parents and students find college scholarship success! 

“We are SO excited! We used the ideas in your scholarship guide and THEY WORK! At a dinner we had to attend to pick up one scholarship check, one of the judges told me that it was the way my son’s scholarship application was put together and presented that made it stand out and get chosen among the many that they had narrowed the stack down to. Thank you so much for sharing your ideas!  S.W., Marysville, MI

All of my winning scholarship strategies are found right here >>

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What qualifies as financial need for college scholarships?

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