A couple of questions about Scholarships? :)?

Question

What exactly is a Scholarship? And how does it work? My from understanding..its something that gives you financial support for your studies, right?

Do they cover your living cost aswell, or just your school fees basically?

Do international scholarships work in the same way?

So then what happens after you´re finished studying, do you have to pay back the money you got from your scholarship after you´ve gotten a job and everything?

And i know this is kind of a stupid question but.. im asking this because..i kind of really dont know if im asking all of the right questions or if i know enough about scholarships and everything..so If i wanted to apply for an international scholarship, what kind of questions should i be asking? I mean should i get some financial advice? Are scholarships subject-specific or can i choose any subject?

Any answers you could give me or perhaps any sites that you could recommend me with more information would be very, very appreciated. Thank you so much for your answers in advance. =)

Answer 1

These are not stupid questions at all.
A scholarship is just one type of financial aid.
Typically, it is money for school that you don't have to pay back.

But there are many types of financial aid, such as federal loans or school grants.

Here is a site to help you begin:
http://studentaid.ed.gov/

In general, each community college, college, or university has an office and website about financial aid. You can also ask them questions. So visit them, ask away, and even pick up some free brochures or books on financial aid.

Sorry - there is no short answer for international scholarships. It will depend on the terms of the scholarship and the university you attend.

There are soooooo many kinds of scholarships out there. You just need to find them.
Again, go to the site first.
Then research each school.
Each financial aid office will have scholarships only given at their school or subject.
Also go to your public library...there should be books about available scholarships.
Search online...a lot of organizations and companies offer academic scholarships.
If someone says buy this book--it tells you where to apply--blah blah blah...don't do it...it's a scam. All the information about scholarships is out there and its free.

Best of luck!


P.S.
I know this is a lot of information. But hang in there!