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Kids & Money: Things Teens Can Do for Scholarships
Posted By Miranda On 09/20/2011 @ 12:12 pm In Education | 3 Comments
One of the best ways for your teens to help prepare themselves to pay the costs of a college education  is to get a scholarship. As you and your teen prepare for college, it is important to cultivate different options for paying, from contributing to a 529 plan or some other investment account, to student loans, to free money. A scholarship can be a great way to get free money that can be used to defray the rising costs of a college degree .
However, it is important to note that scholarships, for the most part, don’t just come right to you. Your teen will need to start now to prepare to be eligible for a scholarship. If your teen plans now, works hard, and does his or her best to improve in certain areas, it is possible to earn a scholarship. Here are some things your teen can do now to increase the chances of receiving a little free money:
Don’t just look for scholarships from the schools of your choice. Many local organizations, banks and stores offer scholarships. My husband received a scholarship from his local bank, and stores like Target and Wal-Mart offer scholarships to local high school students. You can also find scholarships based on your intended field of study (I was offered a physics scholarship a long time ago), as well as in quirky categories, such as those offered to tall people. Do some research at places like FastWeb. Start applying now, and you might be surprised at how quickly all those small scholarships can add up.
(Photo: Gulf Coast Regional Blood Center )
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 pay the costs of a college education: http://www.bargaineering.com/articles/kids-money-encouraging-teen-pay-college.html
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