By: Daisy Ruano
Scholarships are a type of financial aid awards designed to help students pay for their higher education. Sometimes scholarships are a one-time check. Other times they are renewable. Unlike student loans, scholarships do not have to be repaid. There are plenty of scholarships out there that you can qualify if you really look.
An example of a one time check is the Sixt Car Rental scholarship. Sixt Rental Car is a car renting company that is offering a scholarship of $5,000 for any high school student that is looking to continue their education and earn a bachelor’s degree. They do not specify on a field of study. You do, however, need to be graduating high school in the U.S. with a minimum of a 3.7 GPA on a 4.0 scale. To qualify you must also be planning to be a full-time student. The selection will be based on financial needs and extracurricular activities. The deadline is November 30. All applicants must submit a complete application form and a copy of high school transcript.
Scholarships help to lessen the impact of rising tuition. There is no doubt that college is expensive, and tuition rises, a scholarship would help lower that number even if it’s just a few thousand. They also help students have more time to focus on their studies. With a scholarship a student does not stress as much over how they would pay for college. Another reason is it helps decrease the amount of loans a student would need.