Start Building An Early College Fund With Micro Scholarships 

Ever wonder why we consider scholarships necessary? According to recent studies, a full-ride scholarship is so rare that a meager 0.3% of all students ever get to achieve one. Given the long shot, it is probable that one might not even apply, let alone think of applying early. While we view scholarships as something getting into a good, reputable college would do. There are not only a variety of options available for early scholarship earnings but many ways and benefits of it too. You may be able to get your very first scholarship as early as ninth-grade thanks to micro-scholarships.

What Are Micro-Scholarships?

To put it simply, a micro scholarship is a way of earning money for high school students. It is basically a head start for high school students, preparing to get a head start at just ninth grade and leading up to college. It is earned based on individual achievements that are awarded by colleges and universities that are partners with Raise Me. Each college creates its own micro scholarship programs to fit every student’s individual pursuit best. The amount earned makes up for the minimum amount under institutional aid that a student shall receive as they get accepted and consequently enrolled in that school. The best part of putting in the effort to achieve this is that the amount can range from $5,000 – $50,000.

3 Important Facts You Should Know About Micro-Scholarships

Now that your fundamentals have been laid for micro-scholarships, a few more things are vital for any student to know before getting enrolled. Let’s check them out, shall we? 1. Achievements You Can Earn It Through Thankfully, the way of earning your micro-scholarships isn’t complicated. In fact, there are a number of relatively common achievements that can easily put students up for micro scholarship enrollment eligibility. These are a couple of determining factors: – Maintaining a good GPA. – Excelling in extracurricular activities. – Volunteering for community service. – Scoring well on your SATs and ACTs Opting for internships, etc. 2. The Resource Awarding It It shouldn’t be mistaken that the platform Raise Me is responsible for awarding the scholarship money per se. The college shall decide what achievements are important that they want to curate among their students and base the scholarship eligibility on it. Hence, while one college may offer $50 for an A in Chemistry, another might offer you way more. 3. It Is Non-Transferable The college awards micro-scholarships based on its criteria and policy. Therefore, if suddenly you decide to switch schools because of a major, any situation, or emergency – think again. You can’t simply expect to take your micro scholarship with the same amount of money and put it towards taking admission to another college.

Final Thoughts

Safe to say that starting early for micro-scholarships can significantly help you save up for a strong start with college. It can be a head start to deal with the financial issues of student life that come crippling down on you suddenly otherwise. Your career trajectory will indeed be trending upwards after making this important decision.