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Home › Articles › Money Management › Finding Funds

Finding Funds

A Guide to College Scholarships

By Gwen Morrison

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Let's face it: College is expensive. Before you plunge into financial depression, rest assured that there is money free money out there, waiting for your teen. Now, all you've got to do is find it.

On the Internet
The Internet is making it easier for college-bound students to find scholarships that fit their needs. Many Web sites offer easy access to information about colleges and universities located throughout the United States. Information can be found on college scholarships and financial aid, and various sites offer tips on SAT and ACT test preparation for students. Whether it is financial aid, admission information or criteria for qualification, it is literally at your fingertips.

Some great scholarship resources online are:

On the Home Front
Your state may be holding the key to your teen's post-high school education.

"Some states like Iowa, offer two free college classes a semester to high school students," says Hilary Evan of Fort Dodge, Iowa. "That is a very easy way to save money, and it gives you a leg up when it comes to applying for scholarships."

Students in Georgia have another opportunity. HOPE Helping Outstanding Pupils Educationally is a unique scholarship program that offers financial assistance in degree, diploma and certificate programs at any of Georgia's eligible public and private colleges and universities. This scholarship rewards students who meet the eligibility requirements. A graduate is eligible for the HOPE scholarship once they have completed the necessary hours of study with a final 3.0 cumulative grade point average.

Students who have recently obtained their GED in the state of Georgia and meet the grade point average requirements will receive a $500 HOPE GED Grant to be used toward their first year of college. It is also possible for GED students to qualify for the HOPE Grant for Certificate and Diploma Programs, which covers tuition, fees and a $300 book allowance.

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