Q:

What happens to unclaimed scholarships?

A:

Quick Answer

Unclaimed scholarship money is typically set aside for qualified applicants, but the amount of scholarships and their value is typically inflated as a kind of urban myth. While more common scholarships are less likely to go unclaimed due to the number of applicants, less common scholarships may be available.

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Full Answer

Less common scholarships includes scholarships based on unusual or uncommon traits. These can range from scholarships based on highly specific employment to those based on physical features such as dwarfism. There is even a scholarship for graduate students who wish to study potato-related subjects. These scholarships are often unclaimed because qualified applicants are unaware of the existence of the award.

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