"A college education isn't cheap, and covering that cost often requires students to take out loans. As of 2024, it is estimated that "more than half of students leave school with debt," with an average of '$28,950 owed per borrower,' said Forbes," The Week reports.

..."Scholarships, which can award you anywhere from '$100 up to a full ride,' are a 'great place to start when it comes to paying for college, mainly because they don’t have to be paid back,' said Credible. Further, there is 'no limit to how many scholarships you can get,' and you can snag them in a wide range of categories, such as 'academic merit, athletic skill, financial need, demographic data or other criteria.'

Not sure where to start your scholarship search? 'High school students should talk to their college guidance counselor about finding scholarships from community organizations, like a local Rotary club,' said Dana Kelly, the vice president of professional development and institutional compliance at The National Association of Student Financial Aid Administrators, to U.S. News & World Report."

NASFAA's "Notable Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Articles included under the notable headlines section are not written by NASFAA, but rather by external sources. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.

Publication Date: 7/5/2024