These 5 Tips Can Help You Earn Millions in Scholarship Money (2024)

Gabriella Carter is a Junior at Princeton University student who specializes in scholarship, fellowship, and internship acquisition. She is majoring in Medical Anthropology and with minors in Gender and Sexuality Studies and African American Studies. She created Growing with Gabby, a dynamic brand where authenticity meets advising. Follow her on tiktok @growingwithgabby and Instagram @_growingwithgabby for help securing your scholarship bag!

This post is from a student, parent, or professional contributor. The opinions expressed by the author are their own and do not necessarily reflect the positions, viewpoints, or policies of Niche.

Applying for scholarships can be hard.

Like, really hard.

Sometimes, it’s easier to succumb to procrastination rather than hunker down to write the fateful essay(s) that could potentially earn you thousands—even millions—of dollars.

I felt this way too, especially after applying to over 25 scholarships and failing to earn a single one.

But, if I had given up then, I wouldn’t be here sharing the tips and tricks I used to ultimately rake in over $2 million dollars in scholarships to attend Princeton University.

Yes, you read that right.

Millions.

It sounds unattainable, but by employing the following tips, I turned my lackluster attempts into highly successful applications that have allowed me to attend one of the best universities in the country debt-free.

(For more, check out this video on my YouTube channel (@Gscroyalty) for this and other college-life advice.)

#1: Write as cohesively as possible.

Have you ever read something that took so many different twists and turns that you were left wondering what the purpose was?

It can be quite a frustrating feeling to be more confused after reading than before you started.

The same can be said for your scholarship applications.

If your application is all over the place, donors will be less inclined to choose you for the scholarship.

While it can be a strength to be dynamic and well-rounded, try a little too hard (or too little) and these two can go off the rails and into to being flat-out haphazard.

Be sure to have common theme/themes that are seamlessly communicated throughout your application. This extends to your listed extracurricular activities, your recommendation letters and even your responses to interview questions (if the scholarship has an interview).

Donors a will invest in applicants that exude confidence and clarity of thought. This is because they want to ensure that they will get a return on their investment by offering you this money to further your education and dreams.

Communicate clearly how awarding you with this scholarship will ultimately help you further your goals and aspirations.

#2: Make every word matter.

Word counts can be debilitating to any writer.

You’re likely wondering, “How am I supposed to answer the prompt, show my personality, captivate the reader, and express why I’m deserving of the scholarship all within the measly space provided?”

It seems like these foundations want you to squeeze all of your experiences and dreams into a little can.

So, how can you condense these important thoughts to fit the word count?

Simply say what needs to be said.

Don’t go on and on about irrelevant or obvious things because you feel pressured to meet the maximum word limit.

If the prompt tells you to explain why you want to be an astronaut, don’t waste words by saying “I really want to be an astronaut because…”

That’s a given. They know that you’re writing about that because it’s written in the question to which you’re responding!

Avoid word vomit. You can use those saved words to strengthen your conclusion or spice up your essay in a different way.

#3: Respect the word count.

The easiest way to harm your chances of winning a scholarship is to disrespect the word count.

If they say that the limit is 500 words, adhere to that.

Imagine if you were expecting to help someone with their 500 word paper and they end up expecting you to read 800.

You’d be annoyed.

Make sure that you’re putting your best foot forward by following instructions and saying what needs to be said within the word count in the guidelines.

Learn how to find scholarships using Google...

#4: Address the right people.

Always double check that you’re addressing the correct audience.

If you have to mail the scholarship, confirm the physical address as well as the name of the donor. There is nothing worse than incorrectly spelling the name of the person/foundation offering this wonderful opportunity.

This can also be said for college and scholarship essays: If you’re applying to X, make sure that you don’t mention Y’s name.

If you do, it makes it seem like you don’t care enough about the individual donor because you were careless enough to address it someone else.

Don’t get me wrong. It’s fine to reuse and repurpose essays for different opportunities, but always make sure you don’t name drop the wrong institution or donor.

After all, if you don’t care enough to correctly personalize your application, why should they care enough to award you with this funding opportunity?

#5: Appeal to donor values.

Scholarship donors always select winners who reflect their mission and values.

Think about it: If you were the head of an organization that supports dog owners, who would you be more likely to donate your scholarship to? A hardworking student who wrote about how much they love their dogs, or a hardworking student who wrote about their favorite movie?

Chances are, you’d help the first student not because they’re better but because they share the same interests.

Demonstrating that you are not only qualified but also personify the very values that coincide with the organization’s purpose is key to differentiating yourself from the rest of the applicant pool.

An awesome way to do this is by genuinely doing your research.

Scour the donor’s website.

What activities are they involved in? What other brands and organizations do they align themselves with? Why do they exist in the first place? What is their mission/purpose?

Keeping these questions in mind as you learn more about the people offering this scholarship will make it easier to know what they stand for. Once you figure this out, it will be a lot easier to orchestrate your application in a way that articulates how you epitomize what they’re looking for.

Skip the Mistakes & Learn from Me

I learned these things after a painful process of trial and error so that you don’t have to.

Applications can be tough, but keeping these insights in mind will make it just a little bit easier.

Wishing you all the best on your journey. You got this!

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These 5 Tips Can Help You Earn Millions in Scholarship Money (2024)

FAQs

How can I maximize my scholarship money? ›

Apply to awards in bulk

The more awards you apply for, the more you're likely to win. And one of the best ways to maximize your application output is to apply in bulk. On Going Merry, you can apply to a number of scholarships with a single click.

How do you actually win a scholarship? ›

Top Tips for Winning Scholarships for College
  1. Create an accomplishments resume. ...
  2. Don't miss deadlines. ...
  3. Complete the scholarship matching profile thoroughly. ...
  4. Apply to as many scholarships as possible. ...
  5. Look for scholarship listing books. ...
  6. Find local scholarships on bulletin boards. ...
  7. Tap into family connections.

How do you get scholarship tips? ›

Scholarship Application Tips
  1. Meet all application deadlines. Use a calendar or planner, make a schedule, and stick to it. ...
  2. Gather application materials early. ...
  3. Don't ignore small awards. ...
  4. Request letters of recommendation early. ...
  5. Write a great essay. ...
  6. Attend a scholarship workshop. ...
  7. Sing your own praises. ...
  8. Try, try again.

What is the single biggest way you can improve your chances of getting a scholarship? ›

Emphasize What Makes You Unique

Many scholarships are based on an applicant's individuality. Putting your unique interests and perspectives on the page will go a long way toward creating a memorable essay.

What makes a highly successful scholarship winner? ›

Scholarship winners are more likely to have certain test scores, GPAs, and intended majors. What makes an applicant a scholarship winner? Undoubtedly, a flawless application, an interesting essay, and an engaging scholarship interview, contribute to a scholarship winner's success.

How to win a scholarship essay? ›

Writing Your Scholarship Application Essay
  1. Plan ahead. Don't procrastinate! ...
  2. Talk about your accomplishments. Be clear and to the point. ...
  3. State your need. What is your financial situation? ...
  4. Keep it simple. Don't use unnecessary words (i.e., don't use three words when one will do) ...
  5. Make it easy on your reader.

Who is most likely to win a scholarship? ›

Who is most likely to receive a scholarship in the U.S.? GPA (grade point average) can play a big role in the likelihood of getting a scholarship. But it's not as big a deal as you think. 30% of all scholarships in the United States are awarded to students with a GPA between 3.0 to 3.4.

How rare is it to win a scholarship? ›

Odds of Winning a Scholarship

Only about 1 in 8 college students wins a scholarship, and the average amount used to pay for college is about $4,200 a year. Very few students win $25,000 or more in scholarships each year (only about 0.1%). Among the students who win scholarships, 97% win $2,500 or less.

Why is it so hard to win scholarships? ›

Many scholarships receive hundreds of applications for an award that only has one winner. This means thousands of people could apply and not even be considered. To avoid questions/issues about the chances a single candidate has in being selected, transparency is key here.

How do you win a fully funded scholarship? ›

The Essential Guide to Fully funded Scholarship:

Procrastination is the enemy. Start early and plan well for your scholarship search. Having enough time for research and getting ready saves you the last-minute rush. Write your scholarship applications based on the specific stipulations of each.

How can I increase my chances of getting a full scholarship? ›

Table of contents
  1. Introduction.
  2. Know where to look.
  3. Prepare in advance.
  4. Work hard and keep motivated.
  5. Make yourself stand out from other applicants.
  6. Read the application instructions carefully.
  7. Submit an exceptional scholarship essay or cover letter.
  8. Be realistic.

What are the four types of financial aid? ›

Aid can consist of loans, scholarships, grants, or work-study programs. Most college students require some type of financial aid, as many cannot rely solely on personal savings or family wealth to pay their tuition and fees upfront.

How to pick a scholarship winner? ›

Down in the nitty gritty, judges will compare GPAs, test scores, experiences, essays, in order to see which candidate is most suited for their scholarship award. After this step, they'll pick their winner—or winners, depending—and send out notifications to the lucky and deserving student.

What are the 2 most common types of scholarship? ›

There are two types of scholarships that most people mention: merit and need-based. At a closer look, there are more diverse ways to categorise them, ways that can increase your chances of getting a scholarship.

What is the biggest advantage of earning a scholarship? ›

Unlike loans, scholarship funds are free money. That means you don't have to pay them back over time — an assurance that can vastly reduce financial stress and help you focus more on your studies.

Is it possible to ask for more scholarship money? ›

A school's admissions office oversees the application process for merit-based aid. Applicants may need to submit an application form and provide documentation. Students can begin asking for more merit aid once a school approves the merit scholarship.

How do you get maximum scholarships? ›

Share
  1. Introduction.
  2. Know where to look.
  3. Prepare in advance.
  4. Work hard and keep motivated.
  5. Make yourself stand out from other applicants.
  6. Read the application instructions carefully.
  7. Submit an exceptional scholarship essay or cover letter.
  8. Be realistic.

What is a good amount of money for a scholarship? ›

The average scholarship amount is $5,000 to $10,000 annually. These scholarships are typically available through the college you are planning on attending. Community partners and professional organizations offer them as well.

What can I do with extra money from scholarships? ›

Many students use their scholarship refunds on things not covered by their scholarship, such as groceries, housing, furniture or a laptop. Sometimes these things are approved expenditures, but even if they're not, there's often not much a scholarship provider can do to enforce its spending rules.

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