Scholarship FAQs

Frequently Asked Questions About Scholarship Programs

Scholarships are a crucial form of financial aid that can benefit both students who attend college and donors who provide financial assistance. The OVC Scholarship Network works to connect donors and students through a wide variety of scholarship programs and opportunities. We are here to answer questions people may have about these programs.

Q

When Should Students Begin Applying for Scholarships?

Answer:

It is often recommended that students begin researching and applying for college scholarships while they are still in high school. However, depending on the specifics of a scholarship program, a student may need to be accepted to a college before they can apply for assistance, so it may be necessary to wait to begin applying for scholarships until a student reaches their senior year.

Students who are already enrolled in college may also seek out scholarship opportunities to help them continue to cover the costs of their education. Some scholarship programs may be specifically designed to help students who will be attending graduate school and pursue certain careers. By researching the programs that may be available to them and demonstrating that they have maintained a good GPA or met other requirements, students can avoid potential financial difficulties that may affect their ability to complete their degrees.

Q

Are There Limits on the Number of Scholarships a Student Can Receive?

Answer:

Students do not usually have any restrictions on how many times they can apply for scholarships or how much financial assistance they can receive. Because of this, it is often recommended for students to apply for as many scholarships as possible. Certain requirements may apply for how a scholarship will be paid, such as payments being made directly to a university, so students will need to be aware of what steps they will need to take to manage payment details.

Q

How Can Students Make Sure a Scholarship Is Legitimate?

Answer:

Scholarship programs should never ask students to pay to apply, and they should never guarantee that a student will receive an award. Students may also want to watch out for unsolicited emails or other forms of communication asking them to apply for scholarships. Businesses or organizations that provide scholarships will usually provide a contact email or phone number on their websites. Our scholarship page provides a list of verified scholarship programs that can provide financial assistance for students.

Q

What Benefits Can Scholarship Programs Provide for Donors?

Answer:

Scholarship programs can foster goodwill in the community for a business or organization, demonstrating a commitment to helping others. These programs can be used to promote causes or values a donor supports, and they can also build lasting connections between donors and other people in their communities, including business partners, clients, local officials, and charitable organizations. Businesses can also benefit from scholarship programs by increasing their visibility both online and offline. By generating more website traffic and demonstrating a commitment to helping others, scholarships can help increase business revenues and provide for continuing growth.

Contact Us for Assistance With Scholarship Programs

If you have any other questions about scholarships, or if you want to know more about how the OVC Scholarship Network can assist in promoting scholarship programs, please contact us at 630-517-2702.

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