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What happens when you get offered a scholarship?

Students might receive the money directly as a check in their name. In other cases, the money is given to the student's school. In these cases, the student would then pay the school for the difference on any money owed for tuition, fees, room and board.

What are the chances of getting a full scholarship?

How hard is it to get a full ride scholarship? Less than 1 percent of students get full ride scholarships, showing just how difficult it is to earn one.

How do you accept scholarship money?

There may also be various methods to officially accept the scholarship such as email, a form, or signing a paper. Additionally, if a scholarship is offered by a college, you may need to go through their financial aid website to view, accept, or decline the award.

How do you know if a college offers you a scholarship?

Finding Scholarships Offered by Your Colleges The college is the best source of information about its own scholarships, which may be based on your merit, financial need, or both. Ask the financial aid office and the admissions office, and check the college's website for facts about the scholarships available.

Are scholarships sent directly to you?

How private scholarship money is distributed. Private scholarships may be sent directly to your college account or they may be sent to you in the form of a check or direct deposit into your bank account. If you win a scholarship and you're not sure how you'll receive the money\u2014just ask.

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