Scholarships for university students are available from federal and state governments, the military, universities, private businesses, religious groups, nonprofits and other agencies, according to Federal Student Aid, an office of the U.S. Department of Education. Scholarships are need-based, merit-based or for people who meet special criteria.Continue Reading
Federal university aid includes Federal Pell Grants, Federal Supplemental Educational Opportunity Grants and National Health Service Corps Scholarships, says Federal Student Aid. Most states have agencies that provide information on state-sponsored grants and scholarships. Each university has a financial aid office with information on particular scholarships provided by the university. The Army offers two-to-four-year scholarships and commission as a second lieutenant upon graduation, states the U.S. Army. High-achieving students may be eligible for merit-based scholarships from major corporations, foundations and honors societies, reports Forbes magazine.
The first step in applying for federal student aid for any prospective or current student is filling out the Free Application for Federal Student Aid, according to Federal Student Aid. Many state scholarship agencies, universities and private aid programs also require a completed FAFSA application before determining scholarship eligibility. The easiest way to fill out a free FAFSA application is electronically on the FAFSA website. FAFSA applications must be completed for every year of scholarship eligibility.Learn more about Credit & Lending